Australian (ASX) Stock Market Forum

Go Markets any good for forex?

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please tell me GO markets isnt going down the NFA route....

this is how retarded they are in the US...

1) no hedging allowed
2) FIFO rule (first in first out)
3) no stop loss or take profit allowed....
 
white_goodman said:
please tell me GO markets isnt going down the NFA route....

this is how retarded they are in the US...

1) no hedging allowed
2) FIFO rule (first in first out)
3) no stop loss or take profit allowed....
Click to expand...

Whaatt?!! I hope not, I rely on each of these.

Trust the NFA to make it harder for retail.
 
Hi Bobby,

Mate, we finally get the opportunity to get our needs across to a broker and you put a post like that :(

How about putting some detail in there, if you are p****d off that's OK, but Chris is just doing his job, no one likes to be dumped on.

Give him some details and he can give you the company answer, maybe he can go to his bosses and try to fix it for you.

Chris, I am one of those with slow processing, it takes 3/10's of a second to go to you and 25 seconds for your PC to process the trade. This happens even though I have allowed 30 baby pips deviation and the price has moved less than that within the time frame. So, logically it seems to me that the problem is within your end. I have noticed that it is a lot worse when the stock market is about to close for the day, say between 3.30 and 4.30 in the afternoon. It can be slow during UK open but it seems the worst in the afternoon.
 
white_goodman said:
please tell me GO markets isnt going down the NFA route....

this is how retarded they are in the US...

1) no hedging allowed
2) FIFO rule (first in first out)
3) no stop loss or take profit allowed....
Click to expand...

Luckily for us, we are regulated by ASIC, and although their regulations in many areas are extremely strict, none of the above applies to us.

Personally, I find the new NFA regulations somewhat interesting, but I am sure they have their reasons...
 
macca said:
Hi Bobby,

Mate, we finally get the opportunity to get our needs across to a broker and you put a post like that :(

How about putting some detail in there, if you are p****d off that's OK, but Chris is just doing his job, no one likes to be dumped on.

Give him some details and he can give you the company answer, maybe he can go to his bosses and try to fix it for you.

Chris, I am one of those with slow processing, it takes 3/10's of a second to go to you and 25 seconds for your PC to process the trade. This happens even though I have allowed 30 baby pips deviation and the price has moved less than that within the time frame. So, logically it seems to me that the problem is within your end. I have noticed that it is a lot worse when the stock market is about to close for the day, say between 3.30 and 4.30 in the afternoon. It can be slow during UK open but it seems the worst in the afternoon.
Click to expand...

Macca, I think I know who you are from speaking previously, but I will have to keep my guesses to myself...

If I am correct we got you to check your ping speed to our server and it was around 260 against the 58-60 we were getting at our end. As far as I am aware (and I may be wrong), the MT4 has a feature where any 'old price' will result in a rejection and hence a requote. This means that if the server connection is very slow it is possible to be requoted even if the market has not moved.

It is worth pointing out that we are running well below our current bandwidth limitations, however as we are experiencing huge growth currently we will soon be doubling the available bandwidth for clients. I do not know if this will increase clients' connection speeds, but it certainly can't do any harm.

We have double checked all settings from our end and spoken with guys at MetaQuotes, and between us we see no reason for any slow connection other than at the client side.

As I said in an earlier post, it is frustrating for me, because after executing thousands of test trades I have had about 2 requotes. I run from home with Optus on ADSL2+ and it is hardwired. I get a web connection speed of about 16mb/s so it is pretty quick. Unfortunately, across Australia there are some areas where getting fast, reliable internet is not possible and also wireless systems including those from mobile phone companies just do not seem to do the job. Hopefully the National Broadband Network will come along quickly and everyone will be laughing...

Chris
 
macca said:
Hi Bobby,

Mate, we finally get the opportunity to get our needs across to a broker and you put a post like that :(

How about putting some detail in there, if you are p****d off that's OK, but Chris is just doing his job, no one likes to be dumped on.

Give him some details and he can give you the company answer, maybe he can go to his bosses and try to fix it for you.
Click to expand...

Completely concur. Go Markets via Chris is clearly trying to do the right thing!!! We should aim to be courteous and civil, and encourage their active participation in providing an excellent service.
 
I hear you Bobby that was one of the main reasons I went there in the first place but that aint the way to go about it thats for sure Chris is only trying to help. Im sure they would like to have them there aswell but you cant have ppl trading 30 second delay cant be good for business. Last I heard they were looking at possibly CFDs for the SPI etc maybe Chris can shed some more light on that.
Tested my ping speed this morn and it is 41 ms on one tester and 51 ms on another with a down load speed of around 3.0 mb/s shes a pretty good connection no doubt and has been very reliable ( it is hard wired aswell).
Its strange Chris some orders are like instant like so fast its not funny then others just take awhile to go through rrrr well there you go.
Get onto them about soem SPI and Emini cfds Chris.
Cheers
K
 
ISPIZ said:
I hear you Bobby that was one of the main reasons I went there in the first place but that aint the way to go about it thats for sure Chris is only trying to help. Im sure they would like to have them there aswell but you cant have ppl trading 30 second delay cant be good for business. Last I heard they were looking at possibly CFDs for the SPI etc maybe Chris can shed some more light on that.
Tested my ping speed this morn and it is 41 ms on one tester and 51 ms on another with a down load speed of around 3.0 mb/s shes a pretty good connection no doubt and has been very reliable ( it is hard wired aswell).
Its strange Chris some orders are like instant like so fast its not funny then others just take awhile to go through rrrr well there you go.
Get onto them about soem SPI and Emini cfds Chris.
Cheers
K
Click to expand...

Well, that confuses matters a bit... It would have been a lot easier to explain if you had said your ping speed was 300 or something!!

I will go and speak to our IT consultants and see if they can suggest anything further, because as I am sure you can see, we want you to trade freely without delays.

As for SPI and E-mini, they were taken off because of problems with getting a suitable price feed and forcing it into MT4 which does not like exchange traded products. It may be that if we are to offer such contracts they would be fixed spreads to counteract this problem, but then they would not be the same as we previously had.

Cheers.
 
Sorry if this has been mentioned already, but do Go offer variable lots (odd lots)?

Thanks

Shaun
 
data feed different

Hi chris,
I am just wondering is there any chance your price might differ from other broker by 15 pips on one hour chart? I just talked with customer service and they told me low was 1.6445 and on my chart it is 1.64423 and on other few brokers i checked low was 1.6428 or 1.6429.
Your help in this matter appreciated,
Thanks,
 
Re: data feed different

jjshah said:
Hi chris,
I am just wondering is there any chance your price might differ from other broker by 15 pips on one hour chart? I just talked with customer service and they told me low was 1.6445 and on my chart it is 1.64423 and on other few brokers i checked low was 1.6428 or 1.6429.
Your help in this matter appreciated,
Thanks,
Click to expand...

Can I know at what time (server) this was so I can have a look for myself? It could be that there was a price spike in that time caused by low liquidity, or it could be any number of reasons, but without seeing the exact time, it is hard to speculate.

Thanks
 
yeah, one of the reasons i join your mob in the beginning was to be able to trade futures in mt4; but before i could finalise my auto traders for the futures markets, they were removed.

please come back :)
 
Hey Chris,
Yeah get them onto it please would be great to have a few of them back.
Just another question for you so the way I am seeing the charts they are approx mid price of the shown spread so is it the chart is last traded price and the spread is obviously bid and ask is that correct.
 

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