FXCM
(2.9 stars)
Forex Trading Firm
Low quality broker for sure
10/1/2009
- Pros:
- None
- Cons:
- None
- Bottom Line:
- No, I would not recommend this to a friend
- Quote:
- I tried Crown back in their "1 pip spread" days (I don't think they offer that anymore). That should have been enough to warning me, but I tried their service anyway. Ugg...
The biggest issue that I had was VERY poor order execution. Usually 3 to 5 pips away from the price I was quoted. So I never accepted the orders. Basically, I missed dozens and dozens of trades due to their order desk. Note: I am not a news trader, just a normal swing trader.
The second biggest issue was trying to contact their support staff for anything. Most of my support requests were ignored. I finally decided called them (International call for me). They were extremely rude and unhelpful. That's when I decided to pull my funds (that took 57 days!)
Bottom Line: if they aren't scammers, then they just suck reeeeal bad. Stay away.
