All Metatrader broker "block" the profitable EA , since it is so profitable!! So broker cant't make much money from us anymore, P/S we all know that "ALL" metatrader Broker are "Market Maker" like casino owner!! They can "tune" the Metatrader from their server site to make our "profitable EA" death.
That Why Kathy Lien left FXCM and join GFT , because she can't stand FXCM keep on cheating trader
Below get from other site
From other site
" مشاهدة المشاركة
Dear Friends,
I've been thinking for a while about what you say about brokers raising spreads against this EA and banning it, of course brokers would selectively raise the spread against an account to discourage scalping that is not unusual among the games and tricks Forex brokers play, I thought to talk to one of the Largest Brokers "not the most honest though!" namely F X C M and here is the conversation i had with them:
FXCM¥6: Welcome to FXCM's Live Chat Feature. How may I help you?
FXCM¥6: Hi there
Tycoon: hi
Tycoon: i need to run FAP Turbo Expert Adviser in a Metatrader account and this EA does scalp the market and take from 5 to 15 pips a time, do you have a problem with running that?
FXCM¥6: no problem
FXCM¥6: we are a non dealing desk platform
Tycoon: please don't explain to me what type of execution you have and that you have no interest in my profits/losses because i can read all that in the main page of the website
FXCM¥6: ok
Tycoon: i have asked you a direct question, does FXCM have a problem with scalping strategies with high frequency and high win rate? or your bank counterparty?
Tycoon: maybe the banks you forward trades to, don't like this?
FXCM¥6: we have no problem with this
Tycoon: ok why they say all over the forums that you raise your spread against this specific Robot? even some metatrader brokers have banned it?
Tycoon: are you still there?
FXCM¥6: yes
FXCM¥6: I was checkign to see
FXCM¥6: and there is no such practice
Tycoon: ok sure take your time
Tycoon: is that confirmed?
Tycoon: i will wait for confirmation
FXCM¥6: that is confirmed
Tycoon: ok so if i run this robot i will get only "Spread as Usual" that is?
Tycoon: which for the majors is under 3-4 PIPs on avarage
Tycoon: ?
FXCM¥6: that is correct
Tycoon: ok thank you
Tycoon: what account size is needed for a Metatrader account and is the MT4 connected to your NDD platform?
FXCM¥6: MT4 is connected to the NDD platform
FXCM¥6: and you need to have at least 5K
FXCM¥6: I would recommend using 10K for a well functioning EA
[END OF CHAT]
It would be better if you guys name names, what brokers banned the robot? and who is raising the spread against it?
Lets find out how twisted these brokers really are!
Peace and Love
Tycoon
P.S: The above conversation is not an endorsement or an encouragement to open an account with F X C M, nor does it ensure that they will not actually raise the spread against the EA, it is just a sample of broker's opinion about FAP Turbo and the subject is open for discussion.
Thank you
I will give you a fair warning about FXCM, they are crooks.
They would raise the spread on the eur/usd form the 2 pips to 18 pips during the asian hours. I am sure they did it on other pairs also, but that is where I caught them and closed the account.
I had a system that would birng in 12 - 15 pips 2 - 3 times a night during the asian hours, but was lucky to break even using them.
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غير مقروء اليوم, 07:33 AM #50
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تاريخ التسجيل: Jan 2008
المشاركات: 11
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I will give you a fair warning about FXCM, they are crooks.
They would raise the spread on the eur/usd form the 2 pips to 18 pips during the asian hours. I am sure they did it on other pairs also, but that is where I caught them and closed the account.
I had a system that would birng in 12 - 15 pips 2 - 3 times a night during the asian hours, but was lucky to break even using them"