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Reviews of Brokers and Data Feeds


Review and discuss futures brokers, their requirements and features, or ask questions about brokers and data feeds




 

Forex and Futures

  #14 (permalink)

Fort Myers, Florida
 
Trading Experience: Master
Platform: TradeStation
Favorite Futures: Currency
 
Posts: 25 since May 2015
Thanks: 0 given, 6 received

fxcm

Fxcm has too many complaints. I heard when you start making money fxcm goes to hell. They even close out your account when you start winning. Every trader trades to win, works on their journals, follows trading rules. To not trade is a trading decision. Why would fxcm suddenly kick out traders because they are winning?
Where does fxcm get their money? Do the central banks under thetable some cash to some of these brokers, kimosabey? I haven't seen any trade staton complaints. There's even a complaint screen to make a complaint. So, I'm avoiding ib and fxcm. What is your opinion?

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