Slippages and Requotes - Forex Broker Testimonials

Yo, check this out – the spreads on all the assets and account types are lit. So, when I was just starting my trading journey with the micro account, it was averaging around 0.02, which is dope. But hold up, the ECN account takes it to the next level with even tighter spreads.

Now, let's talk news trading. Finpro is the plug, mainly 'cause of two key factors. First, those low slippages are a game-changer. Second, those tight spreads make it a top choice. It's fire for news trading, fam

During my time as a trader (about 5 years now), I have tried different kinds of brokerages (ECN, STP, different regulations, and stuff). But in all of those years, I have never found 100% honest ECN brokers. That being said, IC Markets is definitely one of the best I have ever tried. They have a good execution, great platforms (for all MT4, MT5, and cTraders), normal spread, and swap. That is the best that you can get in a broker, you'll be surprised to find how many wants to screw you over.

Regarding customer support, I think they have the best in their class. They answer you in less than 5 min and solved most of my problems or normal issues that all traders had. (Stupid answers, deposits, withdraws, laws, etc). They are not perfect by any means, but definitely one of the best you can get in the market right now.

How are spreads from XM and Exness when being compared? From how many pips and until it slips? To how many pips? Is there a commission too? How much is it per lot?

As someone who has been trading with FBS for more than two years, here are what I can conclude from this broker

Positive

- Good spreads

- Interesting trading contest, I guess they have this almost every year? There is a news year contest to try on.

- It has great copy trading apps, I have been using it for several months (5 months) and had no issues. Although the 100$ bonus has little hard conditions

- They gave no deposit bonus great for practice

Negative

- Order executions can sometimes be delayed due to high volatility. Not bad, but can be better.

- Slippage is pretty bad despite they claim to have low latency.

They are really good, I have been working with them for seven months. I think they have given me the best spreads possible. I think that's what you get if you are with an ECN broker? I don't know, but I'm happy with the price. I also love it because I can check on the market depth so I can make better decisions before placing an entry. Swap rates also like their spreads, small and unique.  They also provide with 200 lot one-click size trading, I think this is the best deal I can find from where I live.

I have to be honest, it is now pretty scary trading with them. I keep experiencing slippage here, and in a great number too. It's really not normal in my opinion. The worst part is when you contact their support, you get a robot response that claims 4 SL slippage to be normal. I have my fair share of trading with another broker, so I know for sure that this is not normal! It's very frustrating that the customer service operator didn't do anything to help my problem.

Okay, when I first traded with IC Markets I was pretty happy. They offer me the best price on everything, such a good deal for a great service. However, this has changed now. These days, they will do all they can to get your money. That's not the only thing I hate, now they also have ridiculous spreads, slippage, and even moving money within their platform. Another bad thing I notice is, that whenever I put a buy stop in, or sell stop the trade always starts early and ends early. This is really bad.

I can't believe the stunt they pull during the news release. They impose super high spreads for the majority of the major currency pairs which is around 100 pips to 200 pips. That of course sent me down to hell. I know that the market is super volatile at the time, but it's still insane. I trade the same pair on another broker and it wasn't that bad. Besides they do impose very terrible slippage that is approximately 10 seconds for delay of market execution on whoever had placed trades on the market. I confronted them, but they just wouldn't budge and keep saying nonsense. Should I move to another broker?

Why do I keep getting slippage with IC Markets? Almost 90% of the time it happens on my stop order! I know they are affordable but with all those problems it makes them really expensive. I might as well move to another broker.

They use to be a really good broker, but they since have changed and no I'm no longer trust them. Especially because their executions and customer service going downhill. Here are some of the reasons why I choose to withdraw my funds from them.

1. Numerous platforms freeze, even when it's not during news releases.

2. Frequent slippage which has cost me a lot.

3. Delayed confirmation of execution.

4.  Platform going down during important news events.

5. This is personal but, they deducted funds from my credit card by mistake, wouldn't admit it. I had to contact my credit card company.