Phillip Warran
Recruit
- Messages
- 4
Go Markets at it again
Hi Graeme, I feel for you, they sound extremely guily don't they!! I mean, if the price movements were genuine, why would they refund your money? I only trade the GBUSD pair at the moment and working full time means only checking my charts sporadically during the day. yet despite this sparse attention, I still manage to find GO MARKETS spikes regularly. These are not genuine price spikes as they do not appear on other platforms i watch on my computer. the latest attachment is the GBP/USD pair during the ASIAN SESSION. No news here guys so no excuse from Go Markets. It is only a 17 pip spike further south than other platforms, but enough to take out long positions held by traders looking for the top end of the 1 hour channel. (see attached charts).
Anyway, Go Markets are just shonks who say they move all trades onto the open market instead of taking them on themselves. I don't believe this for 1 second. Their floating spreads are meant to make us feel safe. The problem is, they add life vests or lead weights depending on what suits them best. They claim there business model is based around their employees being sales people and they are not traders. If you can believe that one, then check for pigs wings, you'll be a millionaire. I want to march against them as they give Australia a bad name. FXCM here in Australia seem pretty cool. Nothing unordinary found. Another one is MB Trading (now with MT4). I hope this helps.
Phil
Hi Graeme, I feel for you, they sound extremely guily don't they!! I mean, if the price movements were genuine, why would they refund your money? I only trade the GBUSD pair at the moment and working full time means only checking my charts sporadically during the day. yet despite this sparse attention, I still manage to find GO MARKETS spikes regularly. These are not genuine price spikes as they do not appear on other platforms i watch on my computer. the latest attachment is the GBP/USD pair during the ASIAN SESSION. No news here guys so no excuse from Go Markets. It is only a 17 pip spike further south than other platforms, but enough to take out long positions held by traders looking for the top end of the 1 hour channel. (see attached charts).
Anyway, Go Markets are just shonks who say they move all trades onto the open market instead of taking them on themselves. I don't believe this for 1 second. Their floating spreads are meant to make us feel safe. The problem is, they add life vests or lead weights depending on what suits them best. They claim there business model is based around their employees being sales people and they are not traders. If you can believe that one, then check for pigs wings, you'll be a millionaire. I want to march against them as they give Australia a bad name. FXCM here in Australia seem pretty cool. Nothing unordinary found. Another one is MB Trading (now with MT4). I hope this helps.
Phil