Australian (ASX) Stock Market Forum

Go Markets any good for forex?

Jump to new
Thought I would update on my experiences so far with market execution at Go , my FAP turbo seems to be working the same as it did on instant execution, spreads are still good during asian session and execution is still fast.
I do hope GO dont change anything else as the formula seems to be ok.
A minor gripe is that a couple of their charts need to be updated though as some data is missing!!!!
Anyone know of a reliable VPS server as im going to be away on business so cant have my pc switched on all the time to trade??
 
roonapa said:
Thought I would update on my experiences so far with market execution at Go , my FAP turbo seems to be working the same as it did on instant execution, spreads are still good during asian session and execution is still fast.
I do hope GO dont change anything else as the formula seems to be ok.
A minor gripe is that a couple of their charts need to be updated though as some data is missing!!!!
Anyone know of a reliable VPS server as im going to be away on business so cant have my pc switched on all the time to trade??
Click to expand...

i use swvps.... never had an issue, they are cheap aswell... you dont need a mt4 specific one, they overcharge....

swvps and vpsland are the most notable ones...

ive run 3 mt4 platforms with heaps of EA's on the basic windows account and it only used around 20% of memory or wateva (I aint a techy person)
 
yeah I also saw gbp/usd slightly wider earlier on FXCM and GO and no real reason in the market as to why ,seems to have settled down on both now though about 3 pips normal for this time of day.
Its probably worth downloading an official currenex demo so you can make sure the above guys are staying in line with the market, they then cant catch you out. Go markets seem to be slightly narrower spreads than FXCM but to be honest I'm not watching both of them all night only mainly during this and early euro sessions.
 
Forgot to say to White Goodman,

Cheers for the VPS details i will take his advice and check them out
 
Do service providers know our stop losses etc ??? Limit prices ???

I have been observing my the screen. My stop loss got executed, just on that price and then went up again ???? what the ????

Anybody notices this ???
How annoying ? GRRRRRRRRRRRR
 
AbundantIncome said:
Do service providers know our stop losses etc ??? Limit prices ???

I have been observing my the screen. My stop loss got executed, just on that price and then went up again ???? what the ????

Anybody notices this ???
How annoying ? GRRRRRRRRRRRR
Click to expand...

some people claim stop hunting... i personally dont believe it, especially for my lot size... its always good to extend ur stop 5-10 pips beyond what would be an expected SL
 
white_goodman said:
some people claim stop hunting... i personally dont believe it, especially for my lot size... its always good to extend ur stop 5-10 pips beyond what would be an expected SL
Click to expand...

thanks for the tip ... tonight, the winner is the forex provider, win some lose some, just about break even
 
ok they are DEFINETLY manipulating price ... for the last 10 mins, the price feed is a FIXED 2.5 pip spread (for EU)!!! even though they have 5 digit (decimal) price, the last decimal is staying the same!!

This is purely BS.

So they choose when to have FIXED price or ECN like price?

LIES LIES LIES!! thats what they are...

Beware, anyone joining these people... u're better off with a 2 pip fixed price.
 
yeah ive noticed a distinct lack of variability in their spreads.

not even commenting on the size here: just the fact that last couple of days, the spread has not been fluctuating much.
 
within minutes of that post above - had a message from go markets about reverting to fix spreads or something cause of somereason.

its on my trading computer so i couldnt copy the message across. can someone do it?
 
there you go,
At least they have given us an honest answer. Prices seem to be going well now the currenex is back so hopefully that was a blip.


Go Markets clients may have recently seen a period of fixed spreads streaming through onto the platform. If for some reasons our Currenex price feed fails then an emergency backup feed is displayed to ensure that there is no gap in pricing and that clients can continue to trade. Go Markets will shortly have in place an improved backup feed also provided by Currenex so if the primary feed cuts out for any reason, clients would not see any difference.

Go Markets would like to apologise for any inconvenience caused to any clients. We would also like to reiterate that this is a completely automated process and guarantee complete STP trading with no dealer intervention. It is important to note that it is not in the interest of Go Markets to offer these fixed spreads and we continue with the assistance of clients to offer the best possible service.

Regards,
Go Markets
 
Stormin_Norman said:
within minutes of that post above - had a message from go markets about reverting to fix spreads or something cause of somereason.

its on my trading computer so i couldnt copy the message across. can someone do it?
Click to expand...

This is the message:

Go Markets clients may have recently seen a period of fixed spreads streaming through onto the platform. If for some reasons our Currenex price feed fails then an emergency backup feed is displayed to ensure that there is no gap in pricing and that clients can continue to trade. Go Markets will shortly have in place an improved backup feed also provided by Currenex so if the primary feed cuts out for any reason, clients would not see any difference.

Go Markets would like to apologise for any inconvenience caused to any clients. We would also like to reiterate that this is a completely automated process and guarantee complete STP trading with no dealer intervention. It is important to note that it is not in the interest of Go Markets to offer these fixed spreads and we continue with the assistance of clients to offer the best possible service.

Regards,
Go Markets
​
 
Anyone get the impression Go are monitoring this thread?? :cautious:

Their changes of late and their communications seem to directly reflect the gripes posted here. Either way... at least they seem to be listening to their customers.
 

Similar threads

TulipFX
How to select a Forex Broker
Replies
6
Views
3K
T0BY
T0BY
Top