How easy is it for a broker to stop hunt

brewski1984 · Dec 15, 2011, 12:44pm

So I guess you really can't trust any of them. I really want to leave spread betting but being able to trade small sizes is the reason I use it.

dazzer_fx · Dec 15, 2011, 1:01pm

If this happened so much as to cause a real problem there would various
discrepancies between brokers charts all over the place, the spikes would
need to stay in place for the broker to refer the client back too. I seem
to remember a thread on T2W that tried to do that and failed. Does anybody
have any examples?

pboyles · Dec 15, 2011, 1:02pm

Quote:

Originally Posted by brewski1984

So I guess you really can't trust any of them. I really want to leave spread betting but being able to trade small sizes is the reason I use it.

You can't trust any of them but staying away from forex and spreadbetting is a good start, unless of course your broker 'borrows' your money from your segregated account and blows it, but that's another subject entirely.

pboyles · Dec 15, 2011, 1:09pm

Quote:

Originally Posted by dazzer_fx

If this happened so much as to cause a real problem there would various
discrepancies between brokers charts all over the place, the spikes would
need to stay in place for the broker to refer the client back too. I seem
to remember a thread on T2W that tried to do that and failed. Does anybody
have any examples?

So why would that functionality be built into the software? Different brokers charts do differ, the excuse being their have different liquidity providers.

pboyles · Dec 15, 2011, 1:12pm

Quote:

Originally Posted by dazzer_fx

If

Does anybody have any examples?

What about the three recent judgements against forex brokers for doing exactly this type of thing? Would that do for proof?

dazzer_fx · Dec 15, 2011, 1:17pm

Quote:

Originally Posted by pboyles

So why would that functionality be built into the software? Different brokers charts do differ, the excuse being their have different liquidity providers.

I use Tradestation Securites and IG index, which are like chalk and cheese, in
the last 12 months and plenty of screen time I haven't seen anything that I
would call untoward. I had a problem with FXCM (bad tick) and it was sorted
within hours http://www.trade2win.com/boards/fore...ml#post1426442. As I said I'd like to see some examples.

Lord Flasheart · Dec 15, 2011, 1:18pm

surely if any broker is proven of this ,we are emtitled to all our loses back as they have broke t and cs. Id love CMC to be found quilty, much of my early funds paid for steal4frees xmas party

pboyles · Dec 15, 2011, 1:30pm

Quote:

Originally Posted by dazzer_fx

I use Tradestation Securites and IG index, which are like chalk and cheese, in
the last 12 months and plenty of screen time I haven't seen anything that I
would call untoward. I had a problem with FXCM (bad tick) and it was sorted
within hours http://www.trade2win.com/boards/fore...ml#post1426442. As I said I'd like to see some examples.

Read the Gain Capital and FXCM judgements from NFA and CFTC.

Dec 15, 2011, 12:44pm	#25
brewski1984 Veteran Member Member Since Sep 2010 809 Posts	Re: How easy is it for a broker to stop hunt So I guess you really can't trust any of them. I really want to leave spread betting but being able to trade small sizes is the reason I use it.

Dec 15, 2011, 1:01pm	#26
dazzer_fx Senior Member Member Since Oct 2009 116 Posts	Re: How easy is it for a broker to stop hunt If this happened so much as to cause a real problem there would various discrepancies between brokers charts all over the place, the spikes would need to stay in place for the broker to refer the client back too. I seem to remember a thread on T2W that tried to do that and failed. Does anybody have any examples?

Dec 15, 2011, 1:18pm	#31
Lord Flasheart Legendary Member Member Since Jan 2004 9,735 Posts	Re: How easy is it for a broker to stop hunt surely if any broker is proven of this ,we are emtitled to all our loses back as they have broke t and cs. Id love CMC to be found quilty, much of my early funds paid for steal4frees xmas party __________________ If you are serious about trading then you need to look at this link http://www.youtube.com/watch?v=6CnAsdQiGzs

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