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GoMarkets Discussion

  • #4,081
  • Dec 27, 2011 7:11pm Dec 27, 2011 7:11pm
Hopefully everyone had a good break, I know had a good couple of days filling my belly. Following up the post since I was off here we GO;

FX13, I'm a bit worried about you if you stare at our live and demo price feed each day just so you can come on here to comment on our thread, maybe get out there and live a little.

-Following up to your Q's, MT5 Live, no one has it, we will wait patiently also until Meta-quotes launches a full end to end version. We are resuming ECN talks with counter parties to see if we can launch a worthwhile additional platform next year and at this stage European Servers are not on the immediate radar. I can't comment what the previous management had indicated would happen but all on FF will be first to know when we make changes. And I think some of the guys on here can tell you who FXCM LP is, our old one could not handle our trade flow.

MelbTrader - Email ([email protected]) through your a/c number and trade numbers effected and we will fix them up. They were good prices as per our Christmas thin volumes that were advised, but we have discussed with our LP and counter parties and they are going to goodwill these on 00.03 platform time, we have already amended about 8 who emailed yesterday

Liquidity is still pretty thin around NY close each day, looking like mid Tuesday morning next week when back to normal flows.

Cheers,
Joel
  • #4,082
  • Dec 28, 2011 3:07am Dec 28, 2011 3:07am
Quoting GoMarkets
Hopefully everyone had a good break, I know had a good couple of days filling my belly. Following up the post since I was off here we GO;

FX13, I'm a bit worried about you if you stare at our live and demo price feed each day just so you can come on here to comment on our thread, maybe get out there and live a little.

-Following up to your Q's, MT5 Live, no one has it, we will wait patiently also until Meta-quotes launches a full end to end version. We are resuming ECN talks with counter parties to see if we can launch a worthwhile...
Hi Joel,

Thanks for your worries but think you should worry more for Go Markets loosing customers & getting bad PR here.

So you don't have MT5 because no one have it! So all other brokers offering MT5 are lying about their MT5 offer a bit like Go Markets.

So European servers are no more on the radar. Notice didn't prevent you from opening a branch in netherland! To advertise Go Markets execution/ products . When I Complained before about execution problem I was told move away I'm too far despite being in Europe.

Why you don't plug in Integral as LP? That would help for the spread. I have doubt about how you are managing your LP here guys & it's your responsability to fix this since month's not just blame again & again LP.

So to be transparent can you name your LP? Or is this so secret that you can't name them?

13
Brokers are angels
  • #4,083
  • Dec 28, 2011 3:10am Dec 28, 2011 3:10am
Quoting onu
Their execution speed got so f***ed up, just ridiculous...

R.I.P GOMarkets
Hi,


You should may be build an EA that will automaticly PM Joel for each bad execution. As it would help ;-)


13
Brokers are angels
  • #4,084
  • Dec 28, 2011 4:47am Dec 28, 2011 4:47am
Quoting fx13
Hi Joel,

Thanks for your worries but think you should worry more for Go Markets loosing customers & getting bad PR here.

So you don't have MT5 because no one have it! So all other brokers offering MT5 are lying about their MT5 offer a bit like Go Markets.

So European servers are no more on the radar. Notice didn't prevent you from opening a branch in netherland! To advertise Go Markets execution/ products . When I Complained before about execution problem I was told move away I'm too far despite being in Europe.

Why you don't...
why don't you this. why don't you that.

why does someone who doesn't trade through go, doesn't live in australia where go are located, and basically has no reason to have anything to do with go..... have so much to say?

i'm going to look for some french brokers so i can get on their threads and bitch and moan all day and night about everything i can manage to come up with like a total dipshit. yeah, that sounds like a great idea.
Congratulations ScalaFX for coming out of the closet!
  • #4,085
  • Dec 28, 2011 5:18am Dec 28, 2011 5:18am
Quoting nubcake
why don't you this. why don't you that.

why does someone who doesn't trade through go, doesn't live in australia where go are located, and basically has no reason to have anything to do with go..... have so much to say?

i'm going to look for some french brokers so i can get on their threads and bitch and moan all day and night about everything i can manage to come up with like a total dipshit. yeah, that sounds like a great idea.
I like this one!
  • #4,086
  • Dec 28, 2011 7:00am Dec 28, 2011 7:00am
Quoting GoMarkets
....................
-Following up to your Q's, MT5 Live, no one has it, we will wait patiently also until Meta-quotes launches a full end to end version.

.......

Cheers,
Joel
I'm thinking that you mean that the current version of mt5 is still a "live beta", so to speak? They are advertising it as full mt5, right?
Measure trends automatically with zero lag
  • #4,087
  • Dec 28, 2011 9:12am Dec 28, 2011 9:12am
Quoting GoMarkets

MelbTrader - Email ([email protected]) through your a/c number and trade numbers effected and we will fix them up. They were good prices as per our Christmas thin volumes that were advised, but we have discussed with our LP and counter parties and they are going to goodwill these on 00.03 platform time, we have already amended about 8 who emailed yesterday


Cheers,
Joel
Joel

What is LP?

Do you mean "they i.e. LP" are going to goodwill these on 00.03 platform time "for all pairs"? Do you mean "refund?"

It would be more attractive... What about other platform times say within 1st hour from 00:00:01 for all pairs?

Just my thought
  • #4,088
  • Dec 28, 2011 2:02pm Dec 28, 2011 2:02pm
Quoting dawsonsg
What makes LMAX and Dukascopy so good?
Dukascopy has good liquidity and LMAX is an in house exchange, meaning clients trade against each other rather than a LP, this means better execution and lower spreads.
{Promotion Removed}
  • #4,089
  • Dec 28, 2011 2:11pm Dec 28, 2011 2:11pm
Thanks for the feedback,

is there anything else you can tell us about the ECN?

Will it be commision free? that would be a really nice advantage if go could offer commision free ECN. If not then what about pay for limit orders?

I honestly think it would be very advantagous if go could offer something that little bit special to tempt in new traders.

Quoting GoMarkets
Hopefully everyone had a good break, I know had a good couple of days filling my belly. Following up the post since I was off here we GO;

FX13, I'm a bit worried about you if you stare at our live and demo price feed each day just so you can come on here to comment on our thread, maybe get out there and live a little.

-Following up to your Q's, MT5 Live, no one has it, we will wait patiently also until Meta-quotes launches a full end to end version. We are resuming ECN talks with counter parties to see if we can launch a worthwhile additional...
{Promotion Removed}
  • #4,090
  • Dec 28, 2011 5:23pm Dec 28, 2011 5:23pm
Quoting nubcake
why don't you this. why don't you that.

why does someone who doesn't trade through go, doesn't live in australia where go are located, and basically has no reason to have anything to do with go..... have so much to say?

i'm going to look for some french brokers so i can get on their threads and bitch and moan all day and night about everything i can manage to come up with like a total dipshit. yeah, that sounds like a great idea.
& Why I don't shut up too?

This never had been a fight against a broker because it's aussie! This is related to what the broker is advertising & saying about their offering.

You find that Go Markets had been great last month's good for you.

For me I had a great experience & WAS pleased with Go market spread & execution then NFP after NFP things turned worse, this was never related even for being close to servers. Something was wrong. Do you remember all the issues we had before they changed their firewall? Now we blame back Liquidity providers, do you see other aussie brokers tanking same way?

Any way sir I will let you in peace in your honey moon. But I'm pushing Go Markets expecting may be one day they fix it & get back as a good broker but what I see currently is a big mess.

13
Brokers are angels
  • #4,091
  • Dec 28, 2011 8:09pm Dec 28, 2011 8:09pm
I was under the impression that all brokers who offer MT5 only offer it as a demo. From what I understood, there are still many issues with MT5 yet to be resolved (people seem to be mainly discussing order management).

I don't know about you, but I'd rather a far more polished version than the uncertainty / buginess of a beta.. Having said that, MQL4 is really starting to get to me.

Execution with Go Markets has been fine for me recently (although i haven't been doing much trading at all).. Much better than around Oct-November..
Having said that, I live in Australia.. just up the road from Sydney.
  • #4,092
  • Dec 28, 2011 8:33pm Dec 28, 2011 8:33pm
Nice to see a bit of good banter on here so I though I'd chirp in on what the questions and statements have been so far.

Sniperfxmy - Liquidity Provider(LP), they are the prime broker who on forward our trades out to banks and other financial institutions through our feed bridge. Platform time 00.03 we had a lack of quotes on EURUSD which threw spreads out hence my previous message to fix them up.

Leerees - the hardest thing with an exchange is you never going to have a deep liquidity pool unless you have heaps of clients, so spreads changes and price jumps will be frequent. With ECN its very earlier days just resuming initial talks previous management had, no clear cut details. And moving into Jan I wouldn't expect much change due to holidays and what not.

FX13 - we enjoy criticism as it makes us become better, we have gone through significant change in the last 2 months and although it has been very trying for our clients we look to be back to normal as shown by the last few weeks, we are not just trying to sweep it under the table. As you haven't been trading with us you wouldn't have seen. The other users here have attacked you because you have just been trolling on this thread. We are happy for constructive comments but angry babbling helps no one. Give me a call here in Australian hours, and we'll place a few trades on your account, I'll zero them off so you don't lose any money and see if we are not the mess you think we are.

PS I'm yet to receive any PM's since I started commenting on thread.

Cheers,
Joel (I'm reachable 8am onwards each day Australian EDT)
  • #4,093
  • Dec 28, 2011 8:36pm Dec 28, 2011 8:36pm
And on MT5, Our STP model can't be put through the current MT5 beta, believe only dealing desks can run it at this stage, I could be wrong though. And I'm yet to see any other major brokers run it live yet.
  • #4,094
  • Dec 28, 2011 10:13pm Dec 28, 2011 10:13pm
Quoting GoMarkets
Nice to see a bit of good banter on here so I though I'd chirp in on what the questions and statements have been so far.

Sniperfxmy - Liquidity Provider(LP), they are the prime broker who on forward our trades out to banks and other financial institutions through our feed bridge. Platform time 00.03 we had a lack of quotes on EURUSD which threw spreads out hence my previous message to fix them up.

Leerees - the hardest thing with an exchange is you never going to have a deep liquidity pool unless you have heaps of clients, so spreads changes...
Hi Joel, Thanks for your input. I guess what most of us are wondering is what has been happening with GO, as a business, over the last few months. Has there been a take over, a change of owner? I thought Chris was good, so to see him go makes me cautious...
You showing up here to face the angry hoards is a step in the right direction Cheers,Bogus
FF journal: Peaks and Troffs
  • #4,095
  • Dec 28, 2011 10:44pm Dec 28, 2011 10:44pm
Thanks for the updates Joel thats all it takes good work.
I am more than happy with how its been going of late with spreads and order speed so great stuff there to, hopefully it will continue.
Cheers
PS I couldnt give a rats about mt5 lol.
  • #4,096
  • Dec 29, 2011 6:12am Dec 29, 2011 6:12am
Quoting GoMarkets
And on MT5, Our STP model can't be put through the current MT5 beta, believe only dealing desks can run it at this stage, I could be wrong though. And I'm yet to see any other major brokers run it live yet.
vantagefx, instaforex have live versions.

Although each broker must make it ready for their own servers/bridges.
Measure trends automatically with zero lag
  • #4,097
  • Dec 29, 2011 7:21am Dec 29, 2011 7:21am
Quoting ybfjax
vantagefx, instaforex have live versions.

Although each broker must make it ready for their own servers/bridges.
vantagefx - only offer demo (as per support team), waiting for my demo
instaforex - good luck with them
Mohan
  • #4,098
  • Dec 29, 2011 8:13am Dec 29, 2011 8:13am
Quoting mohan76
vantagefx - only offer demo (as per support team), waiting for my demo
instaforex - good luck with them
Agree move away of Instaforex. Don't be greedy watching for bonus they are not non profit they will kill you & at least requote. don't have big expectation from a russian broker.

My problem with VantageFX is distance they require for stop/limit you can't move it within 0.1 pip off current price. Classic market maker tip would not harm you if you have swings or multi digit pips targets but for scalping & quick run would not be the best setup.

So if you want to pick a broker first think what is trading style. If you are scalping it's a more difficult choice & seem the same for some EA's.

Hope it helps.
13
Brokers are angels
  • #4,099
  • Dec 29, 2011 8:23am Dec 29, 2011 8:23am
Quoting fx13
Agree move away of Instaforex. Don't be greedy watching for bonus they are not non profit they will kill you & at least requote. don't have big expectation from a russian broker.

My problem with VantageFX is distance they require for stop/limit you can't move it within 0.1 pip off current price. Classic market maker tip would not harm you if you have swings or multi digit pips targets but for scalping & quick run would not be the best setup.

So if you want to pick a broker first think what is trading style. If you are scalping it's a more...
try USA broker they don't have distance or Real ECN
Mohan
  • #4,100
  • Dec 29, 2011 9:34am Dec 29, 2011 9:34am
Quoting GoMarkets
Nice to see a bit of good banter on here so I though I'd chirp in on what the questions and statements have been so far.

Sniperfxmy - Liquidity Provider(LP), they are the prime broker who on forward our trades out to banks and other financial institutions through our feed bridge. Platform time 00.03 we had a lack of quotes on EURUSD which threw spreads out hence my previous message to fix them up.

Leerees - the hardest thing with an exchange is you never going to have a deep liquidity pool unless you have heaps of clients, so spreads changes...
Hi Joel,

I want to ask you some question regarding abnormal spread during trading, but because i don't have account with FF forum (just registered now) and cannot send any PM, i already sent email to Trading Enquiries. Please check it out. Thank you before
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