Order Execution - Forex Broker Testimonials

While I was actively trading with open positions, FP Markets suddenly halted trading for all my accounts. It happened on a day when I had managed to make some profits on the EURAUD and AUDUSD pairs, right after the Australian central bank announced an interest rate increase. It appears that the broker didn't take kindly to my gains and abruptly restricted my trading activities. Consequently, I find myself unable to manage my existing positions, and there is even mention of them possibly voiding my profits.

I've just started trading with FXOptimax, so I haven't had the chance to withdraw funds yet. However, when it comes to trading, I have absolutely no complaints about this broker. The quotes are reliable, and I haven't experienced any terminal freezes. It's worth noting that the execution speed on a real account is a bit slower than on a demo, but I understand that this is quite normal. So far, my experience with FXOptimax has been smooth and reliable.

I want to share my experience with Roboforex, highlighting both the positives and areas for improvement.

Pros:

Standard Spreads: Roboforex offers competitive spreads, which is essential for traders seeking cost-effective options.

Diverse Deposit and Withdrawal Options: The platform provides numerous choices for both depositing and withdrawing funds, making it convenient for users.

Fast Order Execution: I was impressed with the speedy order execution on Roboforex, ensuring that my trades were executed without.

Cent Account: Roboforex's cent account is an excellent feature for those looking to test the waters with a small amount of real money. It's a great way to gain experience without significant risk.

Cons:

High Swap Fees: One significant drawback is the extremely high swap fees. These fees can make it challenging for long-term investors to generate profits, as they eat into potential gains over time.

Internal Conversion Fee for Crypto Deposits: Roboforex imposes an internal conversion fee for crypto deposits, which amounts to approximately 1.2% of your deposit. This fee can be a significant factor for those dealing with cryptocurrencies.

No cap, this is my top pick. When it comes to withdrawals, it's all about speed – no extra hoops to jump through. And let's talk about those trade orders – they move quicker than a viral meme. Here's to hoping for even more in the future!

I've been rollin' with FXOptimax for nearly 2 years now. This broker has seriously stepped up its game during my time here, and the trading vibes are still on point. Autotrade has been pretty solid too, with minimal slippage. The execution speed is, especially when I look back at the other brokers I've dealt with in the past 7 years.

Sure, there might be a bit of slippage when the big news hits, but that's par for the course with an STP broker. All in all, I'd say it's pretty rad and definitely worth checkin' out.

This platform is an absolute game-changer for my Forex trading. The trading interface is a real winner – it's user-friendly and lightning-fast. The cherry on top? The transaction fees are super low, and deposits and withdrawals happen at warp speed. And the customer support? They're like your friendly neighborhood superheroes. It's the ultimate solution for trading, and I highly recommend giving it a shot.

Yo, I got deposits at 4 brokers, and I gotta say, Admirals is one of 'em. I did my research, man. Here are the dope things I noticed:

• Their spreads are hella tight, especially on my ECN account.
• Execution is speedy as hell, no time wasted.
• They give you options, bro. You can choose from different jurisdictions. This is clutch, especially after those Eurocommission dudes started messing with my money and lowering the leverage for us retail traders. Like, thanks for the "care," but I can handle my shiz without their extra fuss.
• Transferring funds between those jurisdictions is a breeze, no hassle.
• Deposits and withdrawals? Smooth as butter, man. They got solid conditions for that.
• Oh, and the cherry on top? They hook you up with a powerful VPS, and it's free, yo!
• And let's not forget about the support. They're quick to respond and actually helpful. No time wasted, just straight-up assistance.

Admirals, you're doing it right, keep it up!

Japanese candlesticks' closing and opening timings may vary across different time frames, but the price movement remains consistent with other companies in terms of market dynamics. Regarding the spread, I have observed that it is significantly narrow across various currency pairs, which is advantageous for this company.

In the past, the company faced a poor reputation and encountered numerous issues. However, they have successfully addressed and resolved those problems, resulting in a substantial improvement. The company has made positive changes to its policies, and one notable improvement is the reduction in lot sizes. This adjustment accommodates traders of all levels and preferences.

I saw someone comment that they have a frustrating situation. I recently had a similar experience where I canceled an order, but it ended up being executed and resulted in a loss. To make matters worse, the customer service couldn't assist me. It isn't very pleasant when things like this happen.

Just a word of caution for those considering holding trades overnight: based on my experience, be prepared for potential slippage of up to 60 pips. It's unfortunate, but it's essential to be aware of this possibility before making any decisions.

I have become increasingly dissatisfied with Tickmill due to the following reasons:

1. The take profits (TP) feature is not functioning correctly. Despite their claims of being an "ECN" broker, the functionality of the TP does not align with that.
2. Their system does not allow you to close a trade when you are in a profitable position, but it conveniently allows closure when you are on the losing side. Despite contacting them about this issue, they conveniently ignore my inquiries and respond to unrelated matters.
3. Today, I encountered a situation where their system prevented me from closing a trade while I was in a winning position, and simultaneously, the TP feature did not work. Both of these issues occurred simultaneously, adding to my frustration.