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FXCM's Boston Technologies bridged MT4 platform is a scam

I had a 30K account with them and was happy for several months until they moved all their Metatrader 4 to the UK and forced me to go to the BostonTech Bridged MT4. From there it went downhill and BostonTech is buggy as heck, and I would have to call them every other day to complain about trades that either didn't close in time (1 trade was 9 minutes late after hitting T/P) or they would give me a situation that was beyond their control. I had a trade that I had T/P at 30 pips, and it never closed on the EUR/USD, and two minutes later it was up about 70pips, and I tried manually closing it, and simply wouldn't close. The trade then automatically closed me with only 18pips!! I was outraged, and called them and they compensated me about 45 pips in return. Their services are good, but I suggest you to avoid their MT4 with Bostontech if you are doing high volumn until they fix all their problems.

JT, goforex.net 2009-11-22

FXCM Forex Capital Markets review

FXCM Review: Real FXCM UK spread on MT4 forex trading account

Headquarters:
Financial Square 32 Old Slip, New York, NY 10005.

Country: United States

Regulated by:
USA: CFTC, NFA # 0308179
Canada : PartyID # 182963
Hong Kong: SFC CE # AIM232
Great Britain: FSA # 217689

Branches:
FXCM UK
FXCM Australia
FXCM Japan
FXCM Asia (Hong Kong)

Trader's rate 3.6
Editor's rate 4.5

FXCM Micro Account:

minimum deposit: $25

minimum lot size: 1k (micro lot)

maximum leverage: 1:400

 

FXCM Standard Account (10k):

minimum deposit: $2000

minimum lot size: 10k

maximum leverage: 1:200 

 

FXCM Dealing models:

STP (NDD) on Metatrader, FXCM Trading Station

ECN on Active Trader platform

 

FXCM Spread:

Variable spread, from 0.7 pip on EUR/USD 

 

FXCM Deposit/Withdrawal methods

Bank Wire, Credit card,  Paper Cheque 

 

FXCM Trading Platforms:

FXCM Trading Station, Metatrader, Active Trader (Currenex), Mirror Trader

 

Extra Services:

Signals from Zulutrade and Tradency

 

Website: FXCM.co.uk



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