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Go Markets any good for forex?

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Stormin_Norman said:
id seek out brokers which offered mt4.

or id move to a broker which offered java based API.

mt4 is a pretty rubbish platform to be honest and mt5 is only a step better seemingly. if i had to re-write my files, itd be in java.
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Sure MT4 is a rubbish platform when compared with some of the charting programs/front ends i have been using, though i could swear i read you said it was great, only yesterday...or was that just the broker?
 
caribean said:
Sure MT4 is a rubbish platform when compared with some of the charting programs/front ends i have been using, though i could swear i read you said it was great, only yesterday...or was that just the broker?
Click to expand...

GO brokers have tightened spreads, become more reliable and are moving toward improving their services even more.
 
caribean said:
Sure MT4 is a rubbish platform when compared with some of the charting programs/front ends i have been using, though i could swear i read you said it was great, only yesterday...or was that just the broker?
Click to expand...

just the broker. the mt4 platform i use because i fell into it/ it had lots of code written around the place to look at/ was the platform the penny traders operated on when i started auto trading enquiries.

id stick with mt4, until i have to move. but i would look to go to java or something rather then mt5.

wilko, my programming partner calls mt4 something out of 1991 and it looks like mt5 is about 1997.

but for the moment it works for me. but i see wilko cursing at its terrible programming design (he tells me why, but i cant remember - i just put on a sympathetic face).
 
Stormin_Norman said:
just the broker. the mt4 platform i use because i fell into it/ it had lots of code written around the place to look at/ was the platform the penny traders operated on when i started auto trading enquiries.

id stick with mt4, until i have to move. but i would look to go to java or something rather then mt5.

wilko, my programming partner calls mt4 something out of 1991 and it looks like mt5 is about 1997.

but for the moment it works for me. but i see wilko cursing at its terrible programming design (he tells me why, but i cant remember - i just put on a sympathetic face).
Click to expand...


Yeah fair enough, i don't have any need for programing, so less is sometimes more, even volume, bid & ask delta, etc is not necessary for me anymore, i think people complicate things too much at times.
Also on a bit of a quest to prove (to myself) that with a good method you can be profitable on most platforms without any need for smoke and mirrors.
True volume of the interbank, not just currency futures, would be nice.
Imagine a guy with a $3000.00 + charting package, $200.0 per month data feed, years of fine tuning his "proprietary" indicators, perfect money management, always sticking by the "rules", never expecting huge % returns from over leveraged, underfunded accounts, no university degree (no offense to anyone who holds one), gets beaten by a guy who does the exact opposite!
 
Mostly from the positive things said about Go Markets on this thread i signed up for a demo account a few days ago. Nice to just get a call from them to see how i was getting on. A positive experience so far.
 
djco .... myself in the same boat.

I've had good experiences with emails and phonecalls from the GoMarkets staff clarifying their services and trading platform functionality.

I signed up for a live trading account with them yesterday after evaluating a few other platforms as well.

To all the guys who post stories about the good, bad and in between, it has been a great help getting a broad view of the offerings of a few brokers and not just playing into the sales pitches.
 
Yeah its been a great change for GO it took some wingeing and I did my fair share but they came through and still some more things to come so great stuff and I dont think I have had a better broker in the past to be honest, spreads are great EY is a bit wide at times but I only trade EU and GU now anyway so it has made me trim the pairs which has been a good thing, the speed of the orders was the biggest thing and now they have fixed that its great. So well done GO.
 
Just signed up for Go, they are asking me who referred me. Not sure what you get, but as i was referred by this thread i'll put in the first person that reply's via this thread or pm
 
Anyone else had frozen order entry, with message :"trade context is busy"
every time you try to enter/exit?
Fixed when i restarted platform, all phone #'s tried, where unanswered,:mad:
 
Trade context is a state set by your MT4 terminal and has not much to do with the broker. If you are getting trade context busy error then you need to find out what process on your terminal is tying up the process. Before going open-slather and sending orders, check the context is not busy first. See : http://articles.mql4.com/141 for more.



wabbit :D
 
wabbit said:
Trade context is a state set by your MT4 terminal and has not much to do with the broker. If you are getting trade context busy error then you need to find out what process on your terminal is tying up the process. Before going open-slather and sending orders, check the context is not busy first. See : http://articles.mql4.com/141 for more.



wabbit :D
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"Going open slather sending orders" "check context is not busy first"
you have got to be kidding me, right ??
Maybe do a complete scan for viruses, reformat the hard disk and go to the toilet too, lol
Ohh, forgot to thank you for the info., with above bits excluded, valuable.
 
Re: Go Markets any good?

wabbit said:
I have been with Go for just over a week now and have had no (major) problems. At about 14:00 each day I get a very short interruption to my connection through MT4, the cause remains unresolved but it has not affected my trading, yet. I have been trading using an EA which places many trades, sometimes in very rapid succession, without requote. I have only been trading microlots but each trade is executed within expectations, I have even had some slippage go my way!

I have sent a couple or emails to their support and had prompt replies; I have spoken on the telephone with their staff in sales, accounts and support (they might all be one group) and they were all knowledgeable and helpful.

Funding your account can be a little slow if you choose bank transfer, BPay etc. The fastest way is to use a credit card through PayPal (or just use your PayPal account) but their accounts people only work during "office" hours so it is not always possible to have newly-deposited funds immediately available for trading. The same can be said for the withdrawals: fastest if made at a reasonable time during office hours (you still need to fax them the withdrawal authorisation - - allegedly if regulatory rules change (in the near future?) this requirement will be abandoned in favour of electronic authorisation?) The delays were similar to the delays with my previous U.S. broker.

Spreads on the major fx pairs are pretty competitive; the spreads on some of the other pairs are not so. As with any broker, choose your universe carefully.

My high risk system took a battering (twice) in its first week of existence with this new broker, but I can say that the zero-balance protection kicked in when the EA went "berserk" without supervision (two 200+ point swings in a week will do that to this system, it's a fact of life) but as I said the broker's protection system worked like it should.

So far, after a very short evaluation period, I have only good things to say about Go Markets and their MT4 provided platform. If there is more to say in the future, I will let you know.


Hope this helps.

wabbit :D
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Hello, I have one account with GoMarkets, they recently upgrade the datafeed which in my opinion improved the spread. I am happy with them although I have never make any withdrawal for already 4 months. In addition to that, i have a Sky-Fx . c om as IB and they are paying me back US3 per 1 lot traded. That takes my profit to the top. Not bad !!! :)
 
did you manage to work this out Chris?

James Austin said:
will Go consider linking margin requirements to stop position.

eg. stop loss set 15 pips away from entry determines margin requirements.
as opposed to a flat $1-2k per standard contract

linking margin requirements to stops frees up capital for traders and for Go will encourage more trading . . . .
i know IG offers this, its a good idea i think

JA
Click to expand...
 
Hey Chris - I just happened to be looking at Go's reviews on forexpeacearmy and while the majority are very positive, there were a couple that seemed concerning... just wondering if you care to comment...

One person claimed that they had significantly larger spreads than their "trading partner" ... now I can understand that due to different physical locations, ISPs, network conditions, one user might not see the exact same prices as another user at a given moment, but this person complained of consistently larger spreads (as if being targeted). Are there any legitimate reasons why this could happen?

The other comment came from the site admin himself who claimed to have removed a number of fake positive reviews that were posted by GoMarkets.... say it ain't so Chris! ;)

hyperseer
 
Hyperseer,

All clients are setup on the same profile so all spreads etc will be the same. One thing to be aware of is who is posting these things. With forums such as this you must register with a genuine email address, whereas with some forums, people can post whatever they want. You only have to see some of the things written about all brokers to guage the integrity of the comments.

As for the moderator commenting on posts by Go, it seems it may have been an over zealous member of staff a while back, but that person no longer works here!

This thread seems to be as close to the facts as any out there regarding Go Markets as there is a number of actual clients on here!
 

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