advisedtrading.com Review

They are merging with MigFX of Switzerland in april 2009 because they don`t get the banking license required in Switzerland. So Advised Trading is history.

OK, I am going to uphold the dignity of this site because it is a great tool provided to us and to start using bad language is an insult to the creators of this service. However, If I were to just say what I feel about this company I would the mouth a zoo animal.

Falks it does not get any worse than this. I mean now, I have seen it all. Where do I start? I will start with numbered examples to keep me from going on and on.

1). When you call and your lucky enough to not get a voicemail you will get either a very pleasant girl who will tell you yes to everything but not do anything she says to rectify the proble, Or even worse you can get one of the guys on the phone who sounds like he is in a tunnel because he just grunts and does not speak a lick of english.

2). Try placingh 10 trades. I promise you that you will be requoted 8 or 9 times. This is in slow times. If you trade during market hours you will never get filled unless the market runs in their favor. Example if you sell the EUR/USD @ 1.5510 the order will get suspended in air and if the market flies up 10 pips they will fill you. If the market moves in your favor you willNEVWER GET filled.

( YOU HAVE TO TRADE WITH PENDING ORDERS. SIMPLE AS THAT)

3). If you trade with an EA they will jam it up and try to blame your connection but if you make a big enough stink they will actually make you fill out a special form? ( what the hell is that) ? LOL

4 If you actually compare there prices in real time to any other brokers you will see that the prices sometimes simply do not move. It is like the market is closes. You will also see at times they will be either 5 pips high of a particular cross or 5 pips less ten minutes later.

TThe fact that anyone would place even one more trade after experiencing them for even one day just amazes me. You do not have to be very experienced to know something is wrong..

Here is the good news. As of April 2009 any FOREX broker in Switzerland will have to be a licensed bank. These guys will violate banking laws in the first month. I would be shacked if they are in business by Christmas time.

Do not send your money here. They will get closed down and your money will disappear. There are much better places to loose your money in this market where the conditions at least appear to be fair.

RUN RUN RUN

I gave positive reviews about this broker about 1,5 years ago. These comments are not valid anymore.
Execution on live accounts is slowest I have ever seen in Forex. You have to wait up to 1 minute if you place a market order, in most cases you will get a requote or a message price expired. How can you trade like this? Also I noticed that TP are not always honoured. I had a trade reaching TP, the trade was not closed and then the price turned and trade was closed later with a loss.
Because of their slow execution most EA don`t work. And don`t get tempted by their Demo version. Their Demo works perfect, fast execution, great profits with EA. Unfortunately Live accounts work in a totally different way. Only good thing: fast withdrawal of funds.

2007-10-17 4 Stars This is an update to my commenary from 8.6.2007
Spiketrading has become difficult with this broker, most of the time I don't get filled during news releases on the spike. However what works with them are stop-orders during news, because they don`t widen their spread and they guarantee exact fills which worked quite well so far. Withdrawing money usually happens very fast. Therefore I still consider them as a sincere company.

8.6.2007 A reliable swiss broker, which is very suitable for news trading. I am using this broker very sucessfully for Felix' secret news weapon. They don`t widen their spread during economic news, usually there is no slippage and in most cases I get good fills (I want to mention in most cases, on very rare occasions I did not get filled during news reports, because I used their slippage control and market was moving too fast for the SNW). Therefore I can recommend this broker to anyone who is trading news reports, especially in Felix group.

You can find easily a better fx broker.
Customer support is fine before opening account, then they disappear.
Trades take up to 20 seconds to get filled and Expert Advisor in Metatrader are prohibited.
2 stars for spreads and withdrawal (fast)

I'am since 6 Month in business with AT.
sofar everything ok.
good und qualified support.

they always delay your order even during normal market.