Forex gft

Forex gft

By: Spu Date: 06.06.2017

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forex gft

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GFT Forex (Global Forex Trading) Reviews | Forex Broker Rating of wugadukucevu.web.fc2.com by ForexRealm

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DEALBOOK IS NEAR PERFECT. GREAT CHARTING SET UP. Nice at first still you start making money then watch the BS start. I started making consistent trades and my money grew they took it. If you want to see for your self open a live account.

Something I noticed look at their stochastics on a 8,3,3 compared to any other platform out there. Gft was giving me the total opposite readings than all other platforms. I comparees to others and also compared to live online currency charts. I tried to use the update button on software and says no update at this time. I call them and find out there is an update you have to manually download"Quote--but they don't tell no one about the update at that time" after I lost most my money at that point.

forex gft

I tried trading on GFT with a proven professional training me and as he was capturing constany profits I was losing in the same trade due to dealing desk execution tried to get trdes on the spot and I would be asked If I would still like the trade 10 pips later.

OF COURSE BECAUSE THE TRADE IS NOW IN THIER FAVOR AND NOT MINE. I have lost most of my money. I see what Joe P means by disppearing candles.

The candels do disappear and sometimes change from on day to the next. One day there is a window the next day it is gone.

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Sometimes as you watch for the chart to tick over for the next session, there is no tick, It might come 5 or 10 minutes behind, and it might not come at all! It might completely skip a session or two! I thought it was just me but the last couple of weeks has been an eye opener.

I predicted it again! This time I was at the controls. I bought and it surged back up 10, pips. To my dismay it disappeared within about 5 seconds. I called the dealing desk and they told me it was an invalid rate? There was a pip spread. When I made the one hundred pips it went towhen I made it wentwhen I made it went to When I made it was at the bottom.

Not bad for making pips aye? Today the dollar is down once again, exchange rates on the internet show a reflection of this, yet the GFT chart is going in the opposite direction fast. There also seems to be some stop hunting going on. If I put in a stop even an absurdly low or high stop, seems to go just far enough to trgger the stop within 1 or two pips before it turns back around. Of course if I don't put in a stop guess what happens. The deck is definatly stacked against you with these guys.

I have also had stop orders triggered pips below where I placed them just before it changed directions.

forex gft

They always have some BS excuse and It is always at your expense not theirs. DealBook is the best trading software I have used! Great charting and tools! You can even trade directly from the chart.

I even have an account manager. GFT Forex has great customer service and support! Institutional control is VERY lacking. Loading is too slow. GFT, please do something about it or you will never get a 5 stars from me.

They are very pushy to open a standard account as some form of commission must be involved. After opening an real account and with success trading keep a good eye on your statments as small amounts are deducted with regular trades.

Oh and you were in the roll over time period which is different from the country you trade from. I have never encountered it but when I enquired the reason was it depends on the volatility of the market. There boasting on plus indicators is useless in a fundamental market as seen nowdays. Besides if you want to confuse your trade use more than 10 indicators. THIS BROKER ACTS LIKE AN ECN BUT IS NOT and the allegations have been verified by other Broker annalysts GFT knows how to play hardball.

GFT has a policy whereby GFT will remove funds from your trading account days after you thought you had booked a profit or loss and closed the trade. GFT carefully tries to camouflage this fact and will tap dance around the issue.

GFT is a market maker and counter-party to the trade. GFT by its agents initially orally and electronically denied it's hidden charges in order to induce me to open a trading account with GFT and eventually used every conceivable means to dispute free intraday trading tools irrefutable.

The GFT chief dealer, Mr. Kurt Hoeksema maintains that he is following the GFT company policy and that it was common. I polled all the FX brokers that I could find with Google and this statement proved to be false.

GFT embarked on a policy that violated Federal and State law by utilizing advantages and disadvantages of a stock market, contradictory and misleading verbal and written communications prior to making a cash offer in an effort to induce me to sign a mutual confidential settlement agreement.

At present GFT is refusing me access to my trading account and the cash therein in an attempt to coerce me to accept their offer. THE FACTS I closed a position on a Friday. GFT issued an electronic ticket that shows the trade closed and is evidenced in GFT'S closed trades log.

GFT now claims that my exposure did not end till the settlement date which was 5 days later because GFT lost money between the time I closed my trade and the settlement date that GFT had to pay it's Bank. GFT is neither an ECN nor a major bank and removes or adds funds to or from the traders account on exact date and time as displayed on their closed trades file. GFT then removes funds from hdfc forex card in chennai traders account at its sole discretion, with prior notification after the trade is closed.

GFT has a fiduciary duty to protect the client against unanticipated losses. GFT could have taken steps to protect all parties concerned but failed to do so. GFT could follow the lead of reputable ECN'S and major banks and which clearly disclose their settlement policy and offer advice on how to protect yourself from undesirable currency movements by eliminating all exposure with a Continuous Linke Settlement which is a.

It should be noted that GFT does not qualify as an ECN and is known as a Market Marker, Bucket Shop or counter-party to a trade and therefore must assume the liability. The Forex dictionary definition of a closed position reads as follows:. A transaction which offsets a previous open position. When do i earn farmville cash quickly the event I am responsible for GFT'S negligence I would think that GFT has an obligation to pay me the roll-over interest for the disputed number of days.

If anyone has an opinion on this I would appreciate hearing from you. Yours sincerely, Alex Buy burger king stock FXcompliance comcast.

Foreign exchange in hyderabad airport Forex is tight and great to trade with, regulations in 4 countries is an added advantage. I was really not all that interested in doing battle with you and I had no plans on contacting you till the Statute of Limitations was about to expire.

This is not the only time that I have seen GFT abuse my name to promote their business. I waited till GFT could not claim it was an error or oversight. After 40 years in the alcohol and adult entertainment business I know what it takes to win. I had a similar experience with the City of Myrtle Beach but they backed down early in the game. If you check you will see that the State of Alabama amended their Sunday Blue laws rather than go to Court against me.

Personally I think GFT is too dammed arrogant so I am willing to go this far out of principal for all those that you bullied into giving up. Before you bring it up I support prostitution but it is a legal and legitimate business in Nevada that is beneficial to society.

If GFT was as honorable as the Call Girls I know this message would not have been necessary, Let me put it bluntly ' I trust the girls more than GFT' You have Boris Schlossberg and Cathy Lien to thank for my change of heart.

It was a smart move to hire them to bolster your tarnished credibility. Before they came on board I intended to humble GFT as Forex settlement price have the evidence to support my claims going back to broken promises by Wayne McDonald at Forex Bootcamp. Now I have more and in another 6 months I expect I will have even more, but because of Boris and Cathy I am making a suggestion that we settle.

I have a number of emails from other GFT disgruntled customers, who have asked for my help and I expect you to diligently review their allegations also. I am sending a duplicate secure message via the Bloomberg Terminal for verification so please do not get confused.

Please respond with your decision upon receipt of this message taking whatever action you deem necessary. Forget about there charts I never looked at them. Its to much like FXCM. Its buggy and freezy. Net type platforms like Ninja Trader and Cunningham T4. A word to the wise from the so called professional traders here who are really noobs. Ill say it again.

E-signal is not a broker, they are an IT company. Brokers can mess with you through the data, and bse stock market quotes not prosecutable because of data. Because it comes under electronic trading limitations. That is how they forex gft get you. They cant front run trades, because that's illegal. So they simply delay the bars. Which is no forex basics pdf, but legal.

IF you were on the wrong side of a trade you would have lost everything. Money turned up missing in my account. Money disapears from your account. The dealing desk decides to resettle trades in their favor taking more pips. You will end up loosing money on what would normally be a profitable trade.

GFT Forex (Global Forex Trading) Reviews | Forex Broker Rating of wugadukucevu.web.fc2.com by ForexRealm

They have myriad ways of ripping you off. They are no one trick pony. I credit them for the variety and creativity of their methods five stars for that. First of all, their platform, which is touted as "state of the art", is actually quite old. When you place stops and limits on your trades, they will eventually initiate as new orders once your original trade has completed.

So, if you should pick up a few hundred dollars on a trade, which has hit the limit you set for it, you have to go fairly soon to your computer to cancel the limit order before it initiates as a separate order. If you are not around to do this, it will essentially reverse your previous trade and suck away all your profits. What a neat trick. Another complaint I have about them is that the accurate numbers on a trade are not reflected on the platform. I still can't say. When I called to inquire they gave me a song and dance about roll-overs, etc.

I would never have closed that trade had I known it was negative, as the market was moving in my direction. When I called and asked if I needed to download and examine a report before I close any trade, I was basically told that yes it is necessary to do so. I was also told that I was not the only person to call to inquire about this Nevertheless, they took no responsibility for this or any other problem. Their basic attitude was always: One of their customer service people even suggested that since I can't appreciate the fact that stops and limits later turn into separate orders, I should perhaps return to a demo account until I learn to understand and appreciate this unnecessary function.

He never said, "No, it does not do that or should not do that. He never explained exactly how demo trading on their platform would actually bring me to a new understanding, but tried to imply that I am still too incompetent to appreciate giving them my money. I was informed by the keen salesman on the phone that I was able to freely access the demo account to learn FOREX trading and then use my account for live trading when I was ready.

This is what I did in July 09 and went about learning how to trade FOREX before trading real money. For those that trade you will know how long it takes to learn the software and learn the basic rules and mind controls required for trading. From August to feb 7 months GFT took out what they call ACCOUNT INACTIVE FEES. They took this money without notifying me and cleaned out my account without me being able to get a single live trade on.

I only discovered this as I decided to try a live trade. And this is just on clients that stay with the trade without logging off during a session. As far as the clients who have the courage to put stops in place and leave for the day,,much more horror stories,I for one would not even take the chance of that from this corrupt outfit.

What I do find is an interesting coincidence is that every person who has posted in this thread that has negative comments about this brokerage takes time to elaborate on the details but any person who has posted a positive comment is usually a one liner,,lol,,I see that perhaps GFT reps have infested this thread.

A complete travesty this outfit. It's interesting that this goes on and nothing is done. They have been showing commercial concerning their platform. The platform is always crashing rebooting especially when your candles goes down or up quick.

I am still monitoring them as we speak but only to build a case. I am not into the business for losing money, and trusting broker to comply with the interest of their clients.

It's sad that we have to deal with this. Your stops and limits were opening new positions because you set them in the wrong direction. If you're short and you set a limit below the current price that is a Limit-Sell then you will open a new position. If you create a Limit-buy it will activate by closing your position and wont open any new ones. I discovered this a few days ago and luckily only lost a few dollars before I realised MY mistake.

It doesn't matter if it's called a limit order you have to manually change the direction. There is nothing fraudulent about charging a fee like that and these traders have nobody to blame but themselves for not knowing what they're doing or the terms of their account.

Naturally all trades move against you before they move for you, and this is a perfect money making scam for them. I just wish I did some research before trading with them.

So now they have decided to close my account. I am in credit but they will close in 30 days my account. I still have credit on my open position. I find this totally illegal and insane. As this will cause me further loss of my money.

They have cleaned me up from my savings. Already have a token? Your message will be reviewed by our moderator and will be published within 24h.

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