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GoMarkets Discussion

  • #2,261
  • Jun 15, 2011 1:26am Jun 15, 2011 1:26am
Quoting clayton
Their spreads are reasonably competitive however there are a couple out there just as, if not more competitive....but all in all I find them pretty good as brokers go
Could you give us those couple that are more competitive?

Also fyi. There may be an issue with MT5 installer. IBFX au mt5 installer forced 64 bit installation on my 32 bit system. I contacted ibfx and they were no help (that was surprising, they made no honest attempt to find out the answer). Metaquotes wasn't too helpful either. The obvious solution would be to have a checkbox during installation to force 32-bit installation.

The vantage fx mt5 installer I had better luck.
Measure trends automatically with zero lag
  • #2,262
  • Jun 15, 2011 10:45pm Jun 15, 2011 10:45pm
Hi. Can anyone confirm how many currency pairs Go offer for live trading? On their website there are 27 pairs including gold and silver on the "typical fx trading spreads" list. But on the "forex education" tab it says 27 pairs and if you added gold, silver and usd/sgd it would total 30 pairs. I've also tried its mt4 demo and the total number of pairs was less than 27. Anyone with a live account confirm this?

Thanks.
  • #2,263
  • Jun 15, 2011 11:04pm Jun 15, 2011 11:04pm
Hello GoMarkets
I've heard that Gomarketsaus only pay rebates for trades during more than 60 secs. Is that true?
  • #2,264
  • Jun 16, 2011 12:12am Jun 16, 2011 12:12am
Quoting Golum
Hello GoMarkets
I've heard that Gomarketsaus only pay rebates for trades during more than 60 secs. Is that true?
Hi Golum,

Thanks for the question. There are two things worth pointing out here:

1 - We do not pay rebates to clients, we give the same, low spreads to everyone.
2 - We have no restrictions on trading, including the duration of trades. You could hold a trade for as little as one second if you want.

Thanks,
Chris
  • #2,265
  • Jun 16, 2011 12:15am Jun 16, 2011 12:15am
Quoting zonrokoy
Hi. Can anyone confirm how many currency pairs Go offer for live trading? On their website there are 27 pairs including gold and silver on the "typical fx trading spreads" list. But on the "forex education" tab it says 27 pairs and if you added gold, silver and usd/sgd it would total 30 pairs. I've also tried its mt4 demo and the total number of pairs was less than 27. Anyone with a live account confirm this?

Thanks.
Hi Zonrokoy,

Thanks for bringing this to my attention. There are actually 26 currency pairs, plus gold and silver on both the live and demo platforms. I will get the website team to check online and make sure that everything is correct there.

Thanks,
Chris
  • #2,266
  • Jun 16, 2011 12:29am Jun 16, 2011 12:29am
Quoting ybfjax
I think wrong thread? I've never seen that happen. You could write or use an indicator that shows the spread pulled from the broker settings and have it display on the chart. Then you could see what leverage you have all the time. You're margin per position should also be an indication of the total leverage.



Actually IBFX have all their trading servers in New York (or in NJ, right across the river). They claim they wanted consistency in execution and . I thought it was kind of weird because they have an australian branch, why no...
Can you PM with this indicator, please?
  • #2,267
  • Jun 16, 2011 1:12am Jun 16, 2011 1:12am
Quoting slovforex
Can you PM with this indicator, please?
a good friend of mine will be releasing something shortly that will include the option to monitor current spread of the attached chart pair and account leverage on the chart display. It should be ready for the public next week. It will be an introduction to retracement theorem, which explains in a common sense fashion how to profit from market price action. I'll post it on the forums in separate thread.
Measure trends automatically with zero lag
  • #2,268
  • Edited 1:48am Jun 16, 2011 1:33am | Edited 1:48am
Quoting slovforex
Can you PM with this indicator, please?

slovforex,
Take a look at this, it has everything you want and more.
http://www.forexfactory.com/showthread.php?t=109305

Attached Image
  • #2,269
  • Jun 16, 2011 1:45am Jun 16, 2011 1:45am
Quoting Peter-FX
slovforex,
Take a look at this, it has everything you want and more.
http://www.forexfactory.com/showthread.php?t=109305
Ok, thank you very much, buddy!
  • #2,270
  • Jun 16, 2011 2:35am Jun 16, 2011 2:35am
Quoting slovforex
Ok, thank you very much, buddy!
That's probably more of what you needed. my stuff was more of an add-on as part of a larger indicator and money management project.
Measure trends automatically with zero lag
  • #2,271
  • Edited 4:34am Jun 16, 2011 4:23am | Edited 4:34am
will MT5 be offering Level II quoting? Using a DOM (depth of market)? showing the bid and ask at different price levels and the volume at each of the price levels?

http://www.mql5.com/en/forum/53/page9#comment_71531
Measure trends automatically with zero lag
  • #2,272
  • Jun 16, 2011 11:53am Jun 16, 2011 11:53am
Hi,

It was funny yesterday in go central news letter the levels & targets were outdated as the market already moved & got there. Charts looked like prepared in Ny midday far before NY close where market pushed further on Eurusd & aussie.

Also they are not so accurate but still have clear & clean views over market to show levels to watch.

Despite that very few pairs analysis & a market Wrap & for example news releases reminder is too welcome for your customers ( I already check that by my self).

Regards
13

PS: Waiting for a good news feed in MT4.
Brokers are angels
  • #2,273
  • Jun 16, 2011 9:10pm Jun 16, 2011 9:10pm
Hi Guys,
Did anyone else lose GoTrader live data at the above times?

Regards
Lpp
I would like to die on Mars. Just not on impact..... Elon Musk
  • #2,274
  • Jun 16, 2011 11:10pm Jun 16, 2011 11:10pm
Quoting lpp
Hi Guys,
Did anyone else lose GoTrader live data at the above times?

Regards
Lpp

Yes lpp,
Take a look at the audusd M5 chart and you’ll see a 17 pip gap.
  • #2,275
  • Jun 16, 2011 11:18pm Jun 16, 2011 11:18pm
Quoting Peter-FX
Yes lpp,
Take a look at the audusd M5 chart and you’ll see a 17 pip gap.
Hi,

As you are aware we very rarely have daily restarts nowadays but today there was a restart and metaquotes pushed through some more updates to our server so it took a few minutes longer. The charts are being synchronised by IT now.

Thanks
  • #2,276
  • Jun 16, 2011 11:28pm Jun 16, 2011 11:28pm
Quoting ybfjax
will MT5 be offering Level II quoting? Using a DOM (depth of market)? showing the bid and ask at different price levels and the volume at each of the price levels?

http://www.mql5.com/en/forum/53/page9#comment_71531
Hi,

MT5 level II will be added to our MT5 after the roll out, we are at the moment discussing with our feed providers and metaquotes the best way of implementing and showing this data, as MT5 is brand new it takes a little while for IT to develop the correct bridges to show this. In addition to FX it will also help clients with index contracts when they get released aswell.

Thanks

Chris
  • #2,277
  • Jun 17, 2011 12:00am Jun 17, 2011 12:00am
Quoting fx13
Hi,

PS: Waiting for a good news feed in MT4.
Me personally, I would be more interested in the news feed for MT5 then MT4 as MT4 will be a thing of the past soon than later.

Seriously, FF calendar IMO is all you need for news.
  • #2,278
  • Jun 17, 2011 1:54am Jun 17, 2011 1:54am
Quoting GoMarkets
Hi,

MT5 level II will be added to our MT5 after the roll out, we are at the moment discussing with our feed providers and metaquotes the best way of implementing and showing this data, as MT5 is brand new it takes a little while for IT to develop the correct bridges to show this. In addition to FX it will also help clients with index contracts when they get released aswell.

Thanks

Chris
So it will not be the local orderbook (gom buy/sells) but currenex?

Yes it will get more confusing to implement, especially trying to incorporate the volume beyond the broker level. Which volume will be "correct"? When all the options have been narrowed down to the feasable ones, I guess you will have to educate your client base and take a vote on which volume to implement? Another option would be to implement one primary one inside the platform, and then create a separate small program showing different level 2 feeds.

Quoting >Apocalypto<
Me personally, I would be more interested in the news feed for MT5 then MT4 as MT4 will be a thing of the past soon than later.

Seriously, FF calendar IMO is all you need for news.
Is it possible to plug your own feed into mt5?
Measure trends automatically with zero lag
  • #2,279
  • Jun 17, 2011 2:49am Jun 17, 2011 2:49am
Quoting ybfjax
So it will not be the local orderbook (gom buy/sells) but currenex?

Yes it will get more confusing to implement, especially trying to incorporate the volume beyond the broker level. Which volume will be "correct"? When all the options have been narrowed down to the feasable ones, I guess you will have to educate your client base and take a vote on which volume to implement? Another option would be to implement one primary one inside the platform, and then create a separate small program showing different level 2 feeds.



Is it possible...
have you used mt5? i haven't. but if you also haven't then perhaps you are jumping the gun a little?

i hope it does not suck!
Congratulations ScalaFX for coming out of the closet!
  • #2,280
  • Jun 17, 2011 4:46am Jun 17, 2011 4:46am
Quoting ybfjax
will MT5 be offering Level II quoting? Using a DOM (depth of market)? showing the bid and ask at different price levels and the volume at each of the price levels?

http://www.mql5.com/en/forum/53/page9#comment_71531
Yes, they will. Autochartist will offer OCT in their 5th version for mt5 too!
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