Need advice about GFT

Discussion in 'Forex Brokers' started by todd99jp, Feb 15, 2009.

  1. todd99jp

    todd99jp

    The GFT demo account is working smoothly enough for me. The platform isn't as simple as FXCM, but compared with IB it's good enough.

    My next question is about order execution. I understand they are taking the other side of my trades, but do they trade unscrupulously against their clients? I ask because I once demo traded with another company, but when I opened a live account the executions were incredibly different from the demo account. Even when positions went 7 or 8 pips in my direction the firm would not offer me any profit to close, and if the price slipped back a couple of pips (still 6 pips in my favor) I would actually LOOSE a couple of pips by the BID/ASK that the firm offered. Since they controlled the spread, I had no say in the matter.

    I don't want to open a live GFT account and find the same thing happening again. Any horror stories?
     
    #11     Feb 19, 2009
  2. Have you tried the FX at CME
     
    #12     Feb 19, 2009