nuspy
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Hi everyone.
I am using FX Clearing because it offers micro centrs account.
But I have strange feelings about that broker.
1) First of all orders are very slow to be executed: 5-8 seconds.
With other broker 2-3 seconds.
What happen in that time?
2)Really often orders are requoted, expecially if I'm winning.
Sometimes positions I try to close, in wich I'm winning 300$, during the time the close order is accepted are transformed in positions in wich I'm loosing 300$. I had much examples of that.
Yesterday night I opened a sell position and the prices for that pair were different from other broker's terminal. 2 pips higher.
this is the screen shot of the moment in wich I had a sell position with FX Clearing: as you see FXPRO and SunSpot give a value 2 pips lower than the MT4 terminal in the background. Strange?
Is strange too that other pairs are not suffering of the same "shift". Look at GBPUSD for istance.
In normal condition (I'm out) that shift on EURUSD is not available, as you see from the screen shot downhere.
The order I made is strange too because the price in wich it has been opened is significantly OUT of the price in this timeframe. Even if you count widened spreads. Look at the order 5523544: time:23.25 Price: 1.4922. Price on graph in this time frame: 1.4926. If you count the spread of 2 pips the order price should have been 1.4924.
Anyhow that is not so important because when I open an order I have to wait 5-8 seconds to have it executed. So who knows what happen in that time.
The most fastidiuos thing is the late in order execution. it is much, much more than with other broker. 2-3 times and too often is requoted.
I asked the FC Clearing support about that problem and they said:
1) "slow order are due to slow internet connection. " I replied I have one fiber 120 Gbit connection with 15 / 7,5 Mbit reserved and they didn't reply to that.
2) "Since all brokers have different feed suppliers, the quotes may vary
but generally they are very close call. And you can see that
difference on your screenshot."
I would like to ask for an opinion from Forex Peace Army.
Thank you for your help.
Andrea
I am using FX Clearing because it offers micro centrs account.
But I have strange feelings about that broker.
1) First of all orders are very slow to be executed: 5-8 seconds.
With other broker 2-3 seconds.
What happen in that time?
2)Really often orders are requoted, expecially if I'm winning.
Sometimes positions I try to close, in wich I'm winning 300$, during the time the close order is accepted are transformed in positions in wich I'm loosing 300$. I had much examples of that.
Yesterday night I opened a sell position and the prices for that pair were different from other broker's terminal. 2 pips higher.
this is the screen shot of the moment in wich I had a sell position with FX Clearing: as you see FXPRO and SunSpot give a value 2 pips lower than the MT4 terminal in the background. Strange?
Is strange too that other pairs are not suffering of the same "shift". Look at GBPUSD for istance.
In normal condition (I'm out) that shift on EURUSD is not available, as you see from the screen shot downhere.
The order I made is strange too because the price in wich it has been opened is significantly OUT of the price in this timeframe. Even if you count widened spreads. Look at the order 5523544: time:23.25 Price: 1.4922. Price on graph in this time frame: 1.4926. If you count the spread of 2 pips the order price should have been 1.4924.
Anyhow that is not so important because when I open an order I have to wait 5-8 seconds to have it executed. So who knows what happen in that time.
The most fastidiuos thing is the late in order execution. it is much, much more than with other broker. 2-3 times and too often is requoted.
I asked the FC Clearing support about that problem and they said:
1) "slow order are due to slow internet connection. " I replied I have one fiber 120 Gbit connection with 15 / 7,5 Mbit reserved and they didn't reply to that.
2) "Since all brokers have different feed suppliers, the quotes may vary
but generally they are very close call. And you can see that
difference on your screenshot."
I would like to ask for an opinion from Forex Peace Army.
Thank you for your help.
Andrea