Australian (ASX) Stock Market Forum

Go Markets any good for forex?

requotes upon requotes
both in entering trades and in exiting trades

getting annoying
why cant gomarkets be consistent. everyother day somebody here complaining of this same issue.
NICELY ON THE WEBSITE IT BOASTS : NO DEALER REQUOTES

chris what the hell is going on?

i hope you can shed light on this issue once and for all!

You could always just call them, you would get your answer immediately.

The issue could actually be you, what speed is your internet?
 
im pretty sure im off to another broker.

i did a spread analysis between brokers and ill save more then a thousand a month moving to even a fixed spread broker.

sure, spreads on euro might be tight at night, but other times theyre very poor. i didnt realise just how bad until i analysed.

on average i expect to save more then a pip a trade.
 
im pretty sure im off to another broker.

i did a spread analysis between brokers and ill save more then a thousand a month moving to even a fixed spread broker.

sure, spreads on euro might be tight at night, but other times theyre very poor. i didnt realise just how bad until i analysed.

on average i expect to save more then a pip a trade.

i dont blame you mate
pathetic requotes all day ( ive checked my computer speed and its fine)
 
Yeah Stawned Im with you its seems to be getting worse, bit of a joke actually, think its time to GO pardon the pun lol.
I had a requote a few min ago with a diff value of 0.2 pips WTF.
They must have such tight tolerance terrible.
O but its our internet connection what crap thats all I will say to that.
It seems they are way to paranoid about it all.
 
Yeah my internet speed has been great for only the last 6 years lol and I come to GO and its all of a sudden slow lol.
 
Hay Stormin if you dont mind me asking who is this other broker?

i compared to axisODL because they have fixed spreads.

but im considering both them and FXCM on their active trader platform.

im leaning towards axis as they have index trading and oil. but i havent made my final decision yet. waiting on axisODL to see if theyre going to offer me the 'introducing broker' rebates.

i think they should. if they want to play silly buggars and have me 'introduce' my own companies then fair enough. but to me that's just complicating things.
 
Yeah heading toward AXIS ODL myself they seem to be pretty good.
Even get interest on funds which isnt much but when you are 6 figures or over will add up.
Looking good and supposed to have SPI soon aswell.
 
i compared to axisODL because they have fixed spreads.

but im considering both them and FXCM on their active trader platform.

im leaning towards axis as they have index trading and oil. but i havent made my final decision yet. waiting on axisODL to see if theyre going to offer me the 'introducing broker' rebates.

i think they should. if they want to play silly buggars and have me 'introduce' my own companies then fair enough. but to me that's just complicating things.

Dunno why you just dont trade futures. commissions are equivalent to a fixed 0.3pips spread.
 
ahh you guys are such aussie whingers, anyone would think you had lost the ashes. even though our gamesmanship is in question.
Ok Still in london and Go working fine here. I would be interested to see who this good fixed spread broker is as like to have options.
My point though is of Go decided to go back to fixed spread then i would leave them, my reason is that if the wholesale market is 2.5 pips and they are offering 2 pips then how the hell are they making money without manipulation and wanting you to lose so the money you save in spread you will pay back to them.
AXIS ODL forget it.. if you start making maoney they push you onto a terrible variable feed , I know as this has just happened to a collegue and his account is suffering badly
Conclusion if you dont like Go then Go but there aint much better out there unless you have thousands to stump up and if i was Go i would be closing your accounts for giving them an unjust bad name. before you ask i dont recive rebates from them or affiliated i just think they are being very honest compared to most.
There you go now im off to have a beer in the london grey cloud they call summer
Im back in Oz at the weekend to see us lose the Lords test as history isnt on our side.
 
my EAs protect against slippage.

but i still got slipped 5 or 6 pips.

makes the total spread 11.5 as opposed to the 3 else where.
 
I found out last night my futures broker does FX futures for 6.50 round trip pretty good value only thing is cant go lower than 12.50 a pip which I quite often leave half lot running mmmm what to do.
Need charting to.
 
Hi'
What about MF Global they are Aussie. They used to be Brokerone, are they any good for forex it looks like they have VT platform.They were good for futures.

onemore.
 
I had a requote a few min ago with a diff value of 0.2 pips WTF.

Have you tried using the maximum deviation setting? This would stop you from getting requotes on such a small move. After we asked clients which style of execution they required (and this one was selected) we did say to people, that using the maximum deviation would be a good idea to protect against these automatic requotes.
 
NICELY ON THE WEBSITE IT BOASTS : NO DEALER REQUOTES

chris what the hell is going on?

i hope you can shed light on this issue once and for all!

The website says "NO DEALER REQUOTES" simply because there are NO dealer requotes. We do not have a dealing desk to requote you, they are automatic as has been said on a number of occasions.
 
Hi'
What about MF Global they are Aussie. They used to be Brokerone, are they any good for forex it looks like they have VT platform.They were good for futures.

onemore.
"What about MF Global they are Aussie."

Well they have Aussie guys working in their Australian branch but they are infact American.
 
ahh you guys are such aussie whingers, anyone would think you had lost the ashes. even though our gamesmanship is in question.
Ok Still in london and Go working fine here. I would be interested to see who this good fixed spread broker is as like to have options.
My point though is of Go decided to go back to fixed spread then i would leave them, my reason is that if the wholesale market is 2.5 pips and they are offering 2 pips then how the hell are they making money without manipulation and wanting you to lose so the money you save in spread you will pay back to them.
AXIS ODL forget it.. if you start making maoney they push you onto a terrible variable feed , I know as this has just happened to a collegue and his account is suffering badly
Conclusion if you dont like Go then Go but there aint much better out there unless you have thousands to stump up and if i was Go i would be closing your accounts for giving them an unjust bad name. before you ask i dont recive rebates from them or affiliated i just think they are being very honest compared to most.
There you go now im off to have a beer in the london grey cloud they call summer
Im back in Oz at the weekend to see us lose the Lords test as history isnt on our side.

Have I found a kindred spirit??

Ignoring my obvious affinity because of the cricket, I have to address the fixed/variable spread issue.

roonapa makes a good point, if the market is quoting 3 pips and the provider is giving 2, how do they hedge the positions effectively? Surely by putting it into the market, they have instantly lost? This thread has had many questions of whethere we hedge etc, so surely the above should be of great concern to you.

If the spread in the market is wide, then yes we would by nature give you the same wide spread - but that is because it is the market.

As for AXISODL, I would not want to be drawn into discussing other brokers on the forums, but as always feel free to call me directly...

However, I must disagree with saying we will close people's accounts... I am happy to have friendly debate, as long as we don't keep going round in circles!
 
my EAs protect against slippage.

but i still got slipped 5 or 6 pips.

makes the total spread 11.5 as opposed to the 3 else where.

I would be interested to know how an EA can protect against slippage... surely it just does a trade or not?

And also, just because someone offers you a fixed spread, does not mean you would not get slippage, in fact there are arguments that you may get more to make up for the innaccurate price you were initially being offered.
 
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