Australian (ASX) Stock Market Forum

Go Markets any good for forex?

Re: data feed different

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
It was 29th June at 8 am Server time.
Thanks,
 
Re: data feed different

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.

The charts show the bid prices, like many brokers, so the spread is not indicated. Our FAQs give a more in detail explanation: http://www.gomarketsaus.com/faqs.

It was 29th June at 8 am Server time.
Thanks,

I have looked at this, and if you look at M1 chart for example it will show a very similar level, but it seems that there is a gap on the hourly chart for some reason which I will have rectified.

Cheers for bringing it to my attention.
 
50 pip difference required for pending order?

Hi Chris - I've been evaluating a number of brokers and I must say that your spreads are excellent - almost identical to spreads from one of the "big boy" brokers that requires a 25k+ deposit!

I was also looking at another MT4 broker and I noticed that on their platform, a pending order can be executed immediately, while on Go there has to be a 50 pip difference from the current market price. Is there any reasoning behind this?

Thanks!
 
Re: 50 pip difference required for pending order?

Hi Chris - I've been evaluating a number of brokers and I must say that your spreads are excellent - almost identical to spreads from one of the "big boy" brokers that requires a 25k+ deposit!

I was also looking at another MT4 broker and I noticed that on their platform, a pending order can be executed immediately, while on Go there has to be a 50 pip difference from the current market price. Is there any reasoning behind this?

Thanks!

Hi Hyperseer. The spreads are very good, and yes whilst they can widen they only do so if they widen between banks. I am certainly not watching spreads all day moving them around - I am much more interested in stalking the forums trying to find a question to answer!

As we offer 5 decimal place pricing, some things on the platform can be thrown off somewhat with an extra zero. For example 50 pips actually means 5-pips, so it is not as bad as at first glance.

It is something we are looking at to see if these can be reduced/removed and will have a decision within the next couple of weeks.

Chris
 
Go Markets were always good to me
Sad they closed my account because i didn't use them for a while
I'll have to reopen it one day
 
Go Markets were always good to me
Sad they closed my account because i didn't use them for a while
I'll have to reopen it one day

We do not close accounts due to inactivity. Perhaps there has been a misunderstanding. Send us an email or call in with your details and I am sure we can check on it.
 
Now thats smart business

well done PR@

not may other providers take the time to visit the forums to listen to traders wants and gripes

well done

i do not use go markets but am impressed that they thought to post here without JUST ramping there product

have a good day
 
Re: 50 pip difference required for pending order?

As we offer 5 decimal place pricing, some things on the platform can be thrown off somewhat with an extra zero. For example 50 pips actually means 5-pips, so it is not as bad as at first glance.

It is something we are looking at to see if these can be reduced/removed and will have a decision within the next couple of weeks.

Chris

DOH! Of course - 5, not 50! Guess I haven't gotten used to the 5 digits everywhere.

5 pips is not bad at all for a pending order. Of course, if you can get rid of it entirely... ;)
 
Hello,
I am experiencing technical problems with meta4 on gomarkets and was interested to know if it was just me? I called the 24 hr dealing desk as it is midnight and after being hung up on once and then being told they couldn't be of any assistance with their limited English I desisted. I have re-installed the trader but I am simply getting invalid account. In the previous few days I have been getting many meta4 program hangs also. If anyone has this problem and knows how to fix it I would appreciate the help. :banghead:
 
which windows are you running?

are u running any EAs? -- if so are the .dll based? are they your own source code? or compiled by someone else?

also try deleting all the 'mqlcache' files.
 
windows xp. I have removed all of the go markets and re-installed but still unable to access. not using any EA's either.
 
that is strange... no ideas here.


question/confirmation to gomarkets... -> is your downloaded 'history centre' data the same GMT +2 that the platform works off?
 
Hello,
I am experiencing technical problems with meta4 on gomarkets and was interested to know if it was just me? I called the 24 hr dealing desk as it is midnight and after being hung up on once and then being told they couldn't be of any assistance with their limited English I desisted. I have re-installed the trader but I am simply getting invalid account. In the previous few days I have been getting many meta4 program hangs also. If anyone has this problem and knows how to fix it I would appreciate the help. :banghead:

Limited English ... surely you jest? Can you provide a sample?
 
Hey Chris,
I have noticed recently that I havent had any really quick orders go through at all something has changed, has there been a change in the order process.
I am not saying dealing desk I am saying the programs that can be attached to mt4.
 
Hey Chris,
I have noticed recently that I havent had any really quick orders go through at all something has changed, has there been a change in the order process.
I am not saying dealing desk I am saying the programs that can be attached to mt4.

Same problem here ... its taking like 3-4 sec for orders to fill in.
 
Hi Chris

Whats the reasoning behing go markets not opening their platform until 8am Monday morning when the currency markets open at 7am? This cost me money on a couple of occassions and meant I moved brokers.
 
windows xp. I have removed all of the go markets and re-installed but still unable to access. not using any EA's either.

Have you spoken to any one of us during the day time. The overnight number is purely for trade execution. Give us a call before 7pm and we will be happy to help.
 
Hey Chris,
I have noticed recently that I havent had any really quick orders go through at all something has changed, has there been a change in the order process.
I am not saying dealing desk I am saying the programs that can be attached to mt4.

We have not made any changes and definitely have not installed any plugins or any such software...
 
Hi Chris

Whats the reasoning behing go markets not opening their platform until 8am Monday morning when the currency markets open at 7am? This cost me money on a couple of occassions and meant I moved brokers.

i wasnt the only one then who couldnt log in untill 8am :)

There is a very good reason, with there being no official open it is just when the first bank puts the first price through, but what we have found is that first thing on a Monday morning liquidity is pretty rubbish to be honest which can result in wider spreads coming from the banks. If we opened up earlier, we may see some really strange spreads and price spikes which could result in trades being done that clients may not have wanted etc.

Personally I have previously been an FX dealer and whilst working the night shifts in London, we used to open our market at 10pm Sunday night (7am Monday) and the liquidity was truly shocking.

Technically we could set things up so that it started at any time we want, but imagine if we started at 6am, and there were misticks all over the place... it would not be pleasant!
 
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