May-23-2012Brokers:Swissquote launches Swiss DOTS - a derivatives trading system
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FXCM hunting stops? You must be kidding!

I have been trading with them them for a number of years now and they are a good solid company. There have been a few admin problems but they were sorted out fairly quickly.

I get really annoyed at the accusations of stop hunting simply because a stop is hit.The only way to confirm this activity is by comparing price against other reliable brokers. In the years I have dealt with them I have seen no evidence of this sort of activity. Their pricing is always identical or within a pip of other brokers.

If three or 4 brokers prices all go to a certain point then THAT IS THE CORRECT MARKET PRICE, confirm pricing against other brokers prices before making accusations.

As for margin calls, probably for nubies who unfortunatley know nothing about money management and allow greed to dictate their actions.

Rather take heed of the risk warnings and be grateful you were closed out on margin or you might have lost more than you deposited.

Spend some money on educating yourself specially "Money Management" and a person with mediocre trading skills can make money in this industry.

I do agree that they can buck up on their admin side, but their trade execution is good and I have never had a position added that I never placed or a trade closed for no rhyme or reason.

I note with a bit of dismay that all the larger brokers, who also happen to be the most regulated and adhere to the rules are all branded scams, this all seems like a bit of a joke.

Any further regulation in this industry will kill it for all of us.

I was interested in opening another account with a different broker simply to diversify and decided to do some homework as I did not know the broker when I came across this site.

Maybe a simple questionair will cut out a lot of the bogus accusations from inexperienced traders.eg. Years or months of trading experience? gearing used on trade? did you confirm pricing on another platform. Was there a fundamental at the time.

I am aware that there are some crooked brokers out there and maybe even some justified criticism on this review site, but to brand every second broker a scam because some ill advised, greedy, ignorant traders lose their money. This is a bit of a joke and certainly not a fair reflection of all the brokers branded scam artists.

Whilst I am all for freedom of expression maybe a few pertinent questions posed before a comment can be made will give a fairer more balanced view.

I am an independent forex trader with 12 years full time trading experience not affiliated to or working for any Forex broker; and find that I really cannot use the reviews found here as a reliable barometer to review any particular broke.