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GoMarkets Discussion

  • #3,261
  • Sep 30, 2011 3:13am Sep 30, 2011 3:13am
Quoting mohan76
real 1 was seems ok during Asian session , i did not made trade on European session,
In asia less traders & less load! Also no fast moves and less ticks than in Europe. I noticed Go get nuts mostly in fast moves when we get a big load of ticks.

13
Brokers are angels
  • #3,262
  • Sep 30, 2011 8:06am Sep 30, 2011 8:06am
Platform has been rock solid for me this week and great execution (Asia, European & US time zone)


Build 406/ AUD/ Internode ADSL/ Wired/ XP Pro
  • #3,263
  • Sep 30, 2011 9:05am Sep 30, 2011 9:05am
been with GoMarket for 6 months now.

firstly with some complaints, mainly due to Server restart/reconnect issue on Sunday evening.

then everything else have been smooth always

i have to be fair to make it known since i saw too many negative opinions recently.

i trade from an US location. 6 months, EA trading, not a single slippage or off-quote, all EA orders went thru, if i remember right.

so i'm satisfied with GoMarket Servers, only think that they may improve their CS communication----occasionally, the server restart on Sunday and i lost connection without receiving notice from GoMarket.

overall, highly recommended
  • #3,264
  • Edited 10:19am Sep 30, 2011 9:44am | Edited 10:19am
HI GoMarkets,

Since you cancelled cashbackforex this has affected the income of those using the service.

Obviously Go Markets like any business must generate as much profit as possible but surely you must realise that this shouldn't be at the cost of loosing customers.

Where is the unique selling point here?

I will still keep one of my accounts with Go, but to be honest at present you leave me no choice but to open further accounts with other brokers because I can collect the rebates from cashbackforex. As much as I love GoMarkets as traders we run businesses aswell and profit margins are just as important to us as they are yourselfs.

If you can't lower the spreads for technical reasons then setup GoBackForex and allow us to sign up. .5 pip rebates would be just fine. We've got the new server, better liquidity, all the foundations have been laid, now it's time to offer rebates and become the best in the industry.

You already know how important these forums are (else you wouldn't be here posting) so us clients what we want and you'll reap the rewards. Surely?
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  • #3,265
  • Sep 30, 2011 10:26am Sep 30, 2011 10:26am
oh a sucking news, one of reasons that i chose GoMarket originally...

thanks for the heads-up

Quoting leerees
HI GoMarkets,

Since you cancelled cashbackforex this has affected the income of those using the service.
  • #3,266
  • Sep 30, 2011 12:57pm Sep 30, 2011 12:57pm
Quoting charvo
i trade from an US location. 6 months, EA trading, not a single slippage or off-quote, all EA orders went thru, if i remember right.
does your EA using market order or limit order ? if EA make market order how do you know there is no slippage ?
any way now slippage issue under control , slippage up to 1 pip is normal on market order as long as it's not one sided (against us).
Mohan
  • #3,267
  • Sep 30, 2011 3:20pm Sep 30, 2011 3:20pm
market orders

but i need to correct my unclear comments. i mean it always placed the orders without missing it. a slippage of a few pips is definitely possible, and i don't have statistics for my experiences since i didn't watch.

but comparing to some other brokers, it is well likely that my market orders fail to go thru.

my EA trades on hourly frequency, not demanding on exact time and level...

Quoting mohan76
does your EA using market order or limit order ? if EA make market order how do you know there is no slippage ?
any way now slippage issue under control , slippage up to 1 pip is normal on market order as long as it's not one sided (against us).
  • #3,268
  • Sep 30, 2011 10:55pm Sep 30, 2011 10:55pm
Quoting charvo
market orders
but comparing to some other brokers, it is well likely that my market orders fail to go thru.
mt4 have 2 type market ordering system.
1. instant execution - you have control on slippage - order may failed (re quote)
2. market execution - order get full filled may get slippage.

go using market execution. problem we have faced (2-3 weeks a go) was during manual close it was took over 12 - 14 sec some time over minute , for scalper it might change profit into loss. it wan't affect long time frame trader like you (as you have tp/sl set).
Mohan
  • #3,269
  • Oct 1, 2011 1:45am Oct 1, 2011 1:45am
Quoting leerees
HI GoMarkets,

Since you cancelled cashbackforex this has affected the income of those using the service.

Obviously Go Markets like any business must generate as much profit as possible but surely you must realise that this shouldn't be at the cost of loosing customers.

Where is the unique selling point here?

I will still keep one of my accounts with Go, but to be honest at present you leave me no choice but to open further accounts with other brokers because I can collect the rebates from cashbackforex. As much as I love GoMarkets as...
Hi,

Never used cashback. Notice first cashback forex is holding another chunk of the spread. I would rather prefer Go get it and invest more and more in servers to fix all the issues we face.

Also my choice was based on spread off cashback. Also when running for trades over 10-20 pips you will not think about the 0.5 pip rebate you will get!

13
Brokers are angels
  • #3,270
  • Oct 2, 2011 4:25pm Oct 2, 2011 4:25pm
8:24, Markets are go, but go is not, hwy!? Missed 25 minutes of trading? Seriously? Or am I missing something?
  • #3,271
  • Oct 2, 2011 5:01pm Oct 2, 2011 5:01pm
Atomic, daylight saving. Go opens at 9am.

  • #3,272
  • Oct 2, 2011 7:03pm Oct 2, 2011 7:03pm
Quoting Peter-FX
Atomic, daylight saving. Go opens at 9am.

Thanks & why we don't get such notice by GO Markets!!! even in MT4! they don't even bother warning :-(.

Think that Go market need to think more how they interact with customers.

I see my problem over live chat! the link in contact page IS NOT working Chris!

13
Brokers are angels
  • #3,273
  • Oct 2, 2011 7:13pm Oct 2, 2011 7:13pm
Gold & silver price feed is having issues right now. Live chat support confirmed that.

So when the fix will be? The day I opened in asia a trade on silver LOL

13
Brokers are angels
  • #3,274
  • Oct 2, 2011 7:18pm Oct 2, 2011 7:18pm
fx13,
You’re in France so won’t be affected by Australian Daylight Saving. GO opened at the same time 6pm New York time. However, this affects us in Australia because we changed our clocks.
  • #3,275
  • Edited 7:42pm Oct 2, 2011 7:29pm | Edited 7:42pm
Quoting Peter-FX
fx13,
You’re in France so won’t be affected by Australian Daylight Saving. GO opened at the same time 6pm New York time. However, this affects us in Australia because we changed our clocks.
Thanks, are you seeing silver & gold freezing. Another week end new problem liquidity providers blamed here!

13

PS: silver & gold back ticking.. hell it took a while to get fixed not funny and good week start!
Brokers are angels
  • #3,276
  • Edited 8:53am Oct 3, 2011 8:37am | Edited 8:53am
Last joke got 3 min ago an off quote when I tried to close a silver trade!!!

trade closed 15:34 after 3 tries I even used Multi terminal too off quotes!!!

and then when I was able to close it was 4 pips lower. I was scalping here silver.

Attached MT4 journal screenshots so you can see many try to close the trade then moved to Multi terminal as it was open failed too twice before I got back control thru MT4! and that happened 4 pips lower than where I planned. That makes some $$ here. And watch I was not disconnected as I was getting the price feed.

13
Attached Image(s) (click to enlarge)
Click to Enlarge Name: go markets off quotes silver trade multi terminal-2.jpg Size: 61 KB
Click to Enlarge Name: go markets off quotes silver trade MT4-2.jpg Size: 88 KB
Brokers are angels
  • #3,277
  • Oct 3, 2011 8:49am Oct 3, 2011 8:49am
Quoting fx13
Last joke got 3 min ago an off quote when I tried to close a silver trade!!!

trade closed 15:34 after 3 tries I even used Multi terminal too off quotes!!!

and then when I was able to close it was 4 pips lower. I was scalping here silver.

13

Sounds really horrible. Did you contact support regarding this issue?

Regards,

Josef
  • #3,278
  • Oct 3, 2011 8:54am Oct 3, 2011 8:54am
Quoting josef
Sounds really horrible. Did you contact support regarding this issue?

Regards,

Josef
Yep sent them right now email. Watch I attached screen shots so you can see... Also took screenshots as support is denying any issue now and refusing to review trades.

Now let's see. There was some issues in silver in asia so I was really watching closely here.

13
Brokers are angels
  • #3,279
  • Oct 3, 2011 3:05pm Oct 3, 2011 3:05pm
Just wishing to change the subject a little, with the MT4 platform there is a function to close all open trades at once I have seen it on a demmo account but just cannot find it, I am with Go Markets and FXCM but feel the function must be common to all MT4 accounts, can any one help please?

Many Thanks Allan.http://www.forexfactory.com/images/icons/icon7.gif
  • #3,280
  • Oct 3, 2011 5:54pm Oct 3, 2011 5:54pm
Quoting qp2
Just wishing to change the subject a little, with the MT4 platform there is a function to close all open trades at once I have seen it on a demmo account but just cannot find it, I am with Go Markets and FXCM but feel the function must be common to all MT4 accounts, can any one help please?

Many Thanks Allan.http://www.forexfactory.com/images/icons/icon7.gif
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