Axitrader increase spreads 8X during trades

[Basilg48]

I am a newbie to Forex and found that it was costing much more to open a Basket Trade. Then I downloaded a spread indicator & found that suddenly my spreads had increased over 8X. Is this legal or ethical?

 

[Basilg48]

Just updating my post - I had opened 2 Basket trades & they only took a short while to move to profit but when I opened the 3rd one my cost to open it was much higher & they moved to higher loss straight away. This happened a couple of times before I realised what had happened & I downloaded a spread indicator & I was shocked by what I saw. The pairs were EURJPY 141 points : GBPJPY 203 (16) points : GBPUSD 111 (25) points : NZDUSD 210 (20) points : AUDJPY 93 (18) points The points in brackets are what they were and are back to now. This is far higher than what they advertise on their website. I previously noticed that ZARUSD increased a lot while trading & this was 2070 points (now 670). This means that they are watching you trade & quickly increase the spreads on what you are trading & then change it back after you have lost a few trades hoping that you will not see what they are up to

 

[Alonedevils]

Hello ..
Invite Axitrader Customer Support To Disscuss Here ..
You Can Invite Them Via Email Or Online Chat ..

 

[Basilg48]

Hello ..
Invite Axitrader Customer Support To Disscuss Here ..
You Can Invite Them Via Email Or Online Chat ..

Thanks I will try that - I have already sent them an email complaint 2 days ago but no response as yet

 

[Basilg48]

Have invited them to join this post. The fortunate thing is that I only invested a small amount to to learn trading so they are never going to see a bigger investment from me unless they address this issue

 

[Master Yoda]

I am a newbie to Forex and found that it was costing much more to open a Basket Trade. Then I downloaded a spread indicator & found that suddenly my spreads had increased over 8X. Is this legal or ethical?

I highly suggests you to invite them to join this thread via chat and email

 

[forexaustralia]

what is the result, mate?