This article will help prime you:
https://www.forexpeacearmy.com/comm...ime-of-prime-the-keys-to-understanding.59542/
That assumption is part of what brings so many people to the scam alerts thread. What does "reasonable" really mean? My experience shows that a-book forex broker can obtain fills in 70-80ms on average (from the time they receive order to when it gets filled). If you are co-located (vps) within 1ms from broker's server, then there would be hardly any additional latency before request/after fill. Even if you are trading from your home computer in a different country that has 300ms latency, that's about 700ms r/t
You should care, even if you are
unaware of how it works in practice. You want natural slippage (both positive and negative). You don't want a broker
to interfere in any way with your trading, including keeping any positive slippage, frontrunning your trades, etc. The only other way to minimize this kind of manipulation is to manage stops/tps "virtually" and submit close orders yourself. It's very easy to tell if you do enough volume. Especially when the market gaps or other volatile situations where it would have been impossible to be filled exactly at the limit price.
Btw, with the majority of mt4 brokers, the TP is actually a "market-if-touched order, not a true limit order.
As mentioned above, you experience natural slippage with a-book broker. And you are correct in that you should move on if the broker does not address the brokerage problem and your regulator isn't
bold enough to call them out on it. Usually when you trade counter-trend, the slippage tends to be net positive as you are trading with the momentum (selling when the market is moving upwards / buying when the market is moving downwards).
Actually,
OP was using broker side stops. At least for some of the trades according to the journal logs. Normally an EA will first create the market order, then if it is successful, modify the newly made order immediately with TP/SL parameters. Not sure if MQ had allowed now for SL/TP distances to be included with the original order request; would be slightly more efficient that way. Something to do with MQL4 limitation of handling market vs instant orders.
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I would recommend
CNS VPS . I think they still cover it. But even if they didn't, the investment is well worth it.
Will send PM with recommendation, as scam alerts are not allowed to have specific broker recommendations. But typically you request such a receipt whenever you need it. I think they will automate or semi-automate it in the client login at some point. Just send email with mt4 order #s and dates/time of transaction, and later that day or the next you get the report.
Is this myfxbook screenshot account with ic markets or a different broker?
yes its myfxbook and different broker, account manger was sacked by this broker when I was over 1500% gain and then they started to freeze my platform and do the same things as ic markets has just not as bad..
As you can see, all of this is just more proof that you should either:
a) passively be recording all trading sessions, with the journal tab showing.
b) start recording immediately when you suspect any foul play.
I may write an article about this later.
Others FPA users may chime in. I would definitely invite IC Markets to this thread when the 96 hour period is over. And maybe in a week or two if there is no progress, complain to AFCA. But you might get faster justice here.
