Really??!! Are you serious?!! Somebody really big can't get away as easily with bullcrap? It's the other way around, the bigger a broker is, the more afraid the government will be of touching it. Have you heard of Bernie Madoff? In case you don't ...

Class Action Lawsuit Against FXCM

They will NEVER be able to centralize the FX market. They can try but they won't succeed simply because Spot FX is different from everything else and there is only so much you can do to "commoditize" it before you can put it on an exchange. It's ...

Class Action Lawsuit Against FXCM

Yeah, but if the brokers can earn commissions just by executing a trade, they would have less incentives to manipulate prices. If they can just sit back and do nothing but pass the prices to all their clients as in their "straight pass-through ...

Class Action Lawsuit Against FXCM

Hmmn interesting to see their spread on majors are not that competitive given that they have those "Big Banks" as their liquidity backers. The spread on EUR/USD posted on their website is 2-pip wide when most of the MM's spread is only 1 pip. Am I ...

Class Action Lawsuit Against FXCM

Agreed. Brokers are not supposed to be set up as gambling casino dealers where the only way they make profit is if their clients lose money. Scapling is a trading strategy and if it makes money for traders then it shouldn't be considered "stealing ...

Class Action Lawsuit Against FXCM

Yes this would be a good direction for the Retail Forex industry to go into. Eventually, I would like to see Retail FX made up of competitive ECN's with automatic order-matching system that ensures price transparency and anonymity.

Class Action Lawsuit Against FXCM

As far back as possible and make sure you backtest your trades in different trade environment to compare, i.e. test the trades in both active markets and slow markets (summer and holiday months) and make sure you backtest in the market that matches ...

How far back is ideal for backtesting?

Hmmn, interesting that they made their beginning as bookies. From what they stated on their website, what they offer is really good though and their commission is not too bad. Would be interested to see what's their volume, their execution speed and ...

Class Action Lawsuit Against FXCM

Hmmn, they claim to be the first MTF which is really ECN, but never heard of them before. Where did they come from? What's their background? No info. found on their website. More investigation required.

Class Action Lawsuit Against FXCM

Go talk to the customer service at FXCM. Good luck.

Class Action Lawsuit Against FXCM

Yeah, and Oanda is the best according to that video.

Class Action Lawsuit Against FXCM

One more thing: I just hope this lawsuit is not a hidden "Smear Campaign" by those "Big Banks" and/or Forex Futures industries to discredit the Retail Forex industry and then scooping all of our businesses in return. If FXCM is REALLY PROVEN to be ...

Class Action Lawsuit Against FXCM

True. Just like that line that that hitman said in that show "24": "You are either dead or not dead, there is no such thing as sort-of dead. Here, let me show you..." right before he killed one of the kidnappers of the girls in Season 1. Remember ...

Class Action Lawsuit Against FXCM

I used to stick to E/U pair as well until it went patternless on me. Now it's just a paranoid mess that gets moved by shadows of news. What I am angry about is how it drags down other totally unrelated pairs with it. You could be trading other ...

EURUSD

Especially when Portugal announced right after that they are confident that they can manage their debt but Euro kept dropping. The only other thing that I see is the Euro option expiry that might have triggered the fall but where do we get any ...

EURUSD

Why is Euro all of sudden slipping so much? The only news I see about Euro is Portugal announcing it has Budget Deficit. Is that it?

EURUSD

Hmmnn... You actually find there are clear directions? EU's PA is all over the place. It's amazing how trendless a major currency like EU can be. All trading systems, trading plans go out of the door. You can pretty much throw a dart blindfold and ...

EURUSD

Doesn't matter as long as I am able to make my pips before they take it up. I don't have to be faster than the bear, I just have to be faster than the guy/gal next to me. Hopefully it's not one of you.

EURUSD

Kiwi spread 16 pips!! Unbelievable!!

NZD/USD

Glad I visited this forum. I thought there was something wrong with my price feed. The spread on Aussie is 2.5 pips and hasn't moved for the last hours!! Well, I guess I will go do my laundry and catch up on other things then. Happy day off!!

AUD/USD