Go Markets any good for forex?

[ISPIZ]

Need to do a poll between all the banks and see which ones want to trade EY then get them onboard .
Yeah I have had more requotes since the spread has come in who knows every time I mentioned it in the past it was said to be always at my end thats mt4 for you.

 

[ISPIZ]

Hey Chris,
Just a quick question when the invalid prices comes up is it supposed to work both ways or just the way that would be a better price for me? and if you know what kind of tolerance is it set to?
This is not a dig or anything just a question.

Cheers

 

[admans]

yes the spreads are much better now but i am still having quite a few re-quotes and invalid price???

 

[tayser]

(thank christ I'm not alone).

 

[Stormin_Norman]

all good here.

then again, i dont try to jump in quickly moving markets. given the second or so your computer is away from the bank market, can you expect a fill at a level which has been moved past as everyone is jumping into the market all in one direction?

 

[lasty]

all good here.

then again, i dont try to jump in quickly moving markets. given the second or so your computer is away from the bank market, can you expect a fill at a level which has been moved past as everyone is jumping into the market all in one direction?

This is the problem when you deal with a market maker who is forced to react by offering narrow spreads and gets nothing done for you.
Ive said this time and time before.
The essence of trading is liquidity that can be dealt on not how narrow the price is.
A broker needs to have a stable price model that is robust and doesnt leak slippage.
There are only a couple of these robust broking houses out there right now in FX.

 

[PR@GoMarkets]

Hi Guys, as I have said, we are upgrading the trading servers which will significantly improve execution speed. This upgrade should take place this weekend. We do have a tolerance to stop requotes, but again, you can enter the maximum deviation to stop these system requotes form happening.

 

[lasty]

Hi Guys, as I have said, we are upgrading the trading servers which will significantly improve execution speed. This upgrade should take place this weekend. We do have a tolerance to stop requotes, but again, you can enter the maximum deviation to stop these system requotes form happening.

If you enter the maximum deviation then doesnt defeat the object of going to a broker for tight spreads?

 

[ISPIZ]

Exactly Lasty, I actually have it set to 0 but clicked on and it seems to be better than when not clicked on, funny thing tho everytime the spread gets tighter the requotes and invalid prices get worse it has happened twice now.
Looking forward to the up grades.

 

[PR@GoMarkets]

Guys, just to keep my favourtie forum-ers in the loop, it looks like we will be completing the server upgrades this weekend. Take a look:

Dear Client,
Trading Server Upgrades:
This weekend (29th-30th August 2009) we are completely overhauling our trading servers. This involves a brand new main server, new backup server and new demo server. The new servers will improve reliability whilst also improving execution speed. We have also doubled the available bandwidth which should also vastly improve connectivity speed for clients. As part of the transition clients will be required to login to a new trading server. This new server address will be sent out to clients on Sunday. Please check your email before attempting to login on Monday morning. If you do not receive an email, please login as normal.

Spreads and Liquidity:
Clients should have also been experiencing upgrades to the price feed over the past week which has seen spreads tighten considerably. Over the coming weeks and months the feed will be further upgraded with more liquidity and spreads should continue to improve.

Mobile Platform:
Once the server transition has been completed we will also be able to offer the mobile trading platforms as well as the Multi-Terminal system. Please contact us for more information and download instructions.
If you have any questions, please do not hesitate to call.

Regards,
Go Markets


Have a good weekend!!

 

[$20shoes]

Has anyone installed the new MT4 exe?
I have just done it and my equity is $0 and no trading history is present. Yikes! I can only assume these details will roll through tomorrow morning?

 

[Stormin_Norman]

im just going to add the server to my login.

will let you know how it goes in the morning.

 

[$20shoes]

I have just installed the new exe on a second PC this morning.
Followed these steps -
1. backed up user profiles in the ProgramFiles/Go Trader 4/profiles area.
2 Uninstalled MT4
3 Installed latest MT4 exe
4 Placed user profiles into the Go Trader MT4 "Profiles" folder
5 Logged in using my credentials

Good as gold. Assume my other PC will be fine too (just that I cant check it right now). Can notice the speed increase immediately!!! Excuse the pun, but its all Go Go Go!!!

 

[Stormin_Norman]

i just entered the new IP address in the login box. and all is well.

 

[ISPIZ]

Yep same here all good.

 

[ojm]

I'm looking for a MT4 broker. Is GoMarketsAus worth registering for, or should I look elsewhere (suggestions)?

 

[Stormin_Norman]

personally, my short answer is yes.

positives:

australian regulated + insured
local helpdesk which are very pleasant and helpful
new price feed with probably the tightest spreads youll find around for the mt4 platform without sacrificing fund security (ie goingto panama or cyprus or a residential address in florida)
new servers to cope with increase in demand from clients
none of those silly NFA regulations

negatives:
in the past, a few issues with widening spreads and executions having high slippage (see above improvements to fix these)

there is no perfect broker. but go have recently improved greatly and are really trying hard to offer a world class service as an australian company.

 

[ISPIZ]

Yeah pretty bloody good so far I got to say, order execution is great, so its not my pc after all. great spreads to.
I would highly recommend them, Chris says they are still working to get it faster etc so great stuff there aswell, only thing I want now is futures or CFDs which I think there looking at.

I have got to say what are the NFA thinking or they arnt crazy sh#t, there must be alot of money flowing out of the US to other countries because of it.

 

[el caballo]

Are you guys trading live getting an almost constant 0.5 spread on EURUSD?

 

[PR@GoMarkets]

Are you guys trading live getting an almost constant 0.5 spread on EURUSD?

Hi, you must be on the old demo if you are seeing almost a fixed spread. We sent out an email yesterday about getting on the new demo. Since the server upgrades we have a new demo which is a mirror of the live system and spreads etc will exactly reflect that. We will be switching off the old demo verr soon so make sure you are on the new one!