QUOTE(DrFX @ Apr 4 2021, 03:50 PM)
CM grandtradefxAnother I suspect is scam but need your DD to verify it
FSC license but the returns too good to be true
How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
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Apr 6 2021, 05:45 PM
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6,427 posts Joined: Jan 2003 From: Autobiography!!! |
QUOTE(DrFX @ Apr 4 2021, 03:50 PM) CM grandtradefxAnother I suspect is scam but need your DD to verify it FSC license but the returns too good to be true |
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Apr 6 2021, 06:46 PM
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998 posts Joined: Jul 2005 |
Anyone using interactive brokers? Why is it always down and their customer service line forever cannot reach....
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Apr 6 2021, 10:52 PM
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(xander83 @ Apr 6 2021, 05:45 PM) CM grandtradefx It's an offshore platform. Where can see the returns?Another I suspect is scam but need your DD to verify it FSC license but the returns too good to be true |
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Apr 6 2021, 11:17 PM
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3,389 posts Joined: Sep 2019 |
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Apr 7 2021, 12:53 AM
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6,427 posts Joined: Jan 2003 From: Autobiography!!! |
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Apr 7 2021, 02:43 AM
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1,071 posts Joined: Nov 2015 |
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Apr 7 2021, 06:27 AM
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6,427 posts Joined: Jan 2003 From: Autobiography!!! |
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Apr 7 2021, 06:45 PM
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34 posts Joined: Dec 2020 |
Interactive brokers is no scam. I have been using it to trade futures, stock options for more than 10 years. Their platform sucks. But their are real stp brokers. No hanky panky. You need to call to get any customer support though. QUOTE(waghyu @ Apr 6 2021, 11:17 PM) |
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Apr 7 2021, 09:48 PM
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#3649
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3,389 posts Joined: Sep 2019 |
QUOTE(TheKraken @ Apr 7 2021, 06:45 PM) Interactive brokers is no scam. If no scam good, just make consistent easy money and withdraw regularly.I have been using it to trade futures, stock options for more than 10 years. Their platform sucks. But their are real stp brokers. No hanky panky. You need to call to get any customer support though. |
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Apr 7 2021, 11:14 PM
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1,229 posts Joined: Jan 2003 From: Penang |
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Apr 7 2021, 11:15 PM
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1,229 posts Joined: Jan 2003 From: Penang |
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Apr 7 2021, 11:42 PM
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1,071 posts Joined: Nov 2015 |
QUOTE(xander83 @ Apr 7 2021, 06:27 AM) Thank you xander83.We have added this scam on the List of Suspicious CRYPTO Companies (SCAM!). xander83 liked this post
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Apr 8 2021, 01:33 AM
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6,427 posts Joined: Jan 2003 From: Autobiography!!! |
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Apr 12 2021, 04:22 PM
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QUOTE(DrFX @ Apr 4 2021, 04:35 AM) They are switching from a bad broker to the worse broker. So would such mode of operation (of switching brokers regularly) and difficulty of withdrawing own funds be considered a SCAM biz model already, especially with their affiliation to bad/worse brokers??It has to do with the P/L distribution which able to hide open trades from the investors. Not every brokers allow their MAM to do that. |
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Apr 13 2021, 04:24 AM
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1,071 posts Joined: Nov 2015 |
QUOTE(Whoopee71 @ Apr 12 2021, 04:22 PM) So would such mode of operation (of switching brokers regularly) and difficulty of withdrawing own funds be considered a SCAM biz model already, especially with their affiliation to bad/worse brokers?? Not SCAM but untrustworthy. They have no proven track records yet investors invest blindly. There is no transparency. |
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Apr 14 2021, 01:59 PM
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4,351 posts Joined: Oct 2009 From: Bintulu, Sarawak |
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Apr 16 2021, 01:38 PM
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79 posts Joined: Nov 2020 |
Dear experts,
I recently develop a strategy using quant methods on EUR/USD and backtested it for a year that gives moderate consistent return . ![]() ![]() However, i am new to currency trading and not very sure about the spread and commissions and obviously the brokers. I have explored Oanda and find them a market maker ( which means they will compete with u on your trades ) but with good integration capability , other brokers i heard are Blue Berry and IC markets ( which doesnt have good integration with proprietary trading system ) Anyone has recommendation which is a good broker who is ECN/STP , with good integration and reasonable commission ? ( i know this sounds like looking for a unicorn , but trying my luck thanks all ! |
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Apr 16 2021, 08:34 PM
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(klehfeh @ Apr 16 2021, 01:38 PM) Dear experts, Backtest does not reflect the real trading results without swap, slippages, etc.I recently develop a strategy using quant methods on EUR/USD and backtested it for a year that gives moderate consistent return . ![]() ![]() However, i am new to currency trading and not very sure about the spread and commissions and obviously the brokers. I have explored Oanda and find them a market maker ( which means they will compete with u on your trades ) but with good integration capability , other brokers i heard are Blue Berry and IC markets ( which doesnt have good integration with proprietary trading system ) Anyone has recommendation which is a good broker who is ECN/STP , with good integration and reasonable commission ? ( i know this sounds like looking for a unicorn , but trying my luck thanks all ! You may try below brokers. What's your account size? I can check with the brokers to confirm the integration requirement. Pepperstone - https://trk.pepperstonepartners.com/aff_c?o...67&aff_id=16162 Axi - http://www.axi.com/int/live-account?promocode=871263 ACY - https://www.acy.com/open-live-account?affiliate=LTD49686 FXCM - https://secure4.fxcorporate.com/tr/?rb=VESBOLT_LTD ATC - http://ptr.atcbrokers.com/?PTR=PA70062_PP This post has been edited by terrytan: Apr 16 2021, 08:53 PM xander83 liked this post
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Apr 16 2021, 08:44 PM
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(terrytan @ Apr 16 2021, 08:34 PM) Backtest does not really reflect the real trading results without swap, slippages, etc. Prop trading system integration normally talk about high volume and fund size.You may try below brokers. What's your account size? I can check with the brokers to confirm the integration requirement. Pepperstone - https://trk.pepperstonepartners.com/aff_c?o...67&aff_id=16162 Axi - http://www.axi.com/int/live-account?promocode=871263 ACY - https://www.acy.com/open-live-account?affiliate=LTD49686 FXCM - https://secure4.fxcorporate.com/tr/?rb=VESBOLT_LTD ATC - http://ptr.atcbrokers.com/?PTR=PA70062_PP |
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Apr 17 2021, 02:36 PM
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Junior Member
79 posts Joined: Nov 2020 |
QUOTE(terrytan @ Apr 16 2021, 08:34 PM) Backtest does not reflect the real trading results without swap, slippages, etc. thanks TerryTan, You may try below brokers. What's your account size? I can check with the brokers to confirm the integration requirement. Pepperstone - https://trk.pepperstonepartners.com/aff_c?o...67&aff_id=16162 Axi - http://www.axi.com/int/live-account?promocode=871263 ACY - https://www.acy.com/open-live-account?affiliate=LTD49686 FXCM - https://secure4.fxcorporate.com/tr/?rb=VESBOLT_LTD ATC - http://ptr.atcbrokers.com/?PTR=PA70062_PP do you know whether which one of the above is an ECN or STP ? (trying to avoid market makers ) , prefer to have more predictable fixed commissions (if any) , cause the automated strategy is more towards scalping ( in and exit within 10 - 30 minutes , sometimes up to an hour max ) . am retail for now so will start 5 k usd , but subsequently after 6 mths if it is ok , will pull in more funds from some other mini hedge funds partners from Sg . the pairs so far tested are EUR/USD and the Dragon and plan to trade live with these 2 pairs first. thanks! |
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