Lets start the fight to brokers!!
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Thread: Lets start the fight to brokers!!

  1. #1
    Hello,
    I trade forex because 2 decades.
    In my trading expertise I learnt a lot of things.
    Trading isn't appropriate for everyone, want nerves! And also... cash!

    Then, afterwards'billions' of transactions, losses, profits, stops @BEp etc find me very angry and exhausted by how brokers scam markets, charts, and use our money like it is their money.

    I think I will come across a lot of traders concur with a few rules I would love to see in every broker:

    1st: every broker MUST have identical candles in every time period (from m1 to monthly etc..)
    2nd: every broker MUST reveal weekend interbank trading, not hide those movements. They could simply disable trading during it, but this at least would not fake our charts.
    3rd: we MUST NOT finance into broker account. Cash MUST remain in our bank account or where-ever we wish to, just like it was a year ago.
    4th: broker has to have a fixed spread in whole markets, and also same disperse for every broker. I believe a typical 2pips on majors n 4pips in other shall be sufficient!!!
    5th: brokers MUST let traders to set up 1 and only 1 platform, which can execute orders in over 1broker! So we could have 2-3-200 brokers, but only 1 platform running and decide if execute an order in 1 or two at 150 brokers. This would be true until there is different spreads!!!
    6th: brokers MUST disable things like what happened to me : I needed a sell stop order using a target and a trailing stop, they started the trade 5pips near what was the goal, then price went contrary to and triggered the stop loss, without activating the trailing stop inducing me an heavy reduction! They say it is because in reduced liquidity they execute orders as close as they can.... Does this make sense??? They need to provide us the possibility to set a max range where open or not open the transaction!!!

    I think a lot of you can agree this.
    We are broker's customers, and costumer is always perfect!
    In last years they are scamming us. We have to let them listen to our voices!
    We will need to be a lot of individuals and we want a good lawyer maybe!

    But c'mon: we can stop this shit and trade without the fear to be scammed by our trading broker!!!

    every add-on is welcome!

  2. #2
    Just trade 30mins and above timeframe and u will be nice....no matter the way in which your broker is....they can't win u if u made the right decision...

  3. #3
    You're asking for a predetermined exchange, which would be nice. Not exactly certain why fx is OTC, but I am certain there's a reason.

    I am unsure about 1 platform only. Let's not get communist now

  4. #4
    Why not simply change your broker to begin with?

    Search for a good broker rather than a dodgy small one offering this and that. . .etc. Remember you'll have to pay a decent charges at a good service!!

  5. #5
    Mate a number of your requirements are fairly crazy - my fav is this one:

    3rd: we MUST NOT finance into broker account. Cash MUST remain in our bank account or where-ever we want to, like it was a year ago.

    That way, I will exchange really difficult and if I lose money, well then the broker has to be chase me to the money...

  6. #6
    7th: We ought to have right to withdraw our initial deposit if we lose it all within a month.

  7. #7
    8th if brokers are going to manipulate the market they should only manipulate it in our favor

  8. #8
    Quote Originally Posted by ;
    You're asking for a fixed exchange, which might be fine. Not exactly sure why fx is OTC, but I'm sure there is a reason.

    I'm not sure about 1 platform only. Let's not secure communist now
    hello,
    I mean all those who uses mt4! We could have 1 platform which could run accounts of different brokers!

  9. #9
    Quote Originally Posted by ;
    Why not just alter your broker to start with?

    Look for a good broker rather than a small one offering this and that. . .etc. Remember you are going to need to pay a decent fees for a good service!!
    Still searching...

  10. #10
    Quote Originally Posted by ;
    your asking way too much, fantastic fortune
    true!
    But also hopeless. Mostly point 1-2 n 5

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