Reviewer Quality Score
based on 2 reviews
CPfx1
Not all true
for FXCM
5/19/2010
- Pros:
- Easy-to-use platform, Good transaction reporting, Web-based platform
- Cons:
- Poor customer support
- Bottom Line:
- No, I would not recommend this to a friend
- Quote:
- I began my FX trading experience with FXCM.
My first uneasy experience (over 2 years ago btw) was with their customer support. The guy I had was hell bent on getting me to fund an account asap, even though he knew I had no prior experience and was still very uneasy with trading. I let myself get railroaded by him, I opened a $2k account and quickly saw it disappear, whenever I tried to contact him he never replied me and, surprise surprise, when my account was at $0 he calls me and asks how quickly can top up my account...and maybe I should consider making it $10k to avoid being marged out so easily!!
I was introduced to ACM by a friend after a few months with FXCM, compared them side by side with the exact same trades and found the Swiss broker offered me an overall far superior trading experience...all without the pushiness. needless to say I terminated my relationship with FXCM (USA)...
FXCM, Not my best experience!
Pretty Darn Good
for ACM
5/19/2010
- Pros:
- Low spreads, Easy-to-use platform, Good customer support, Solid trading platform, Good transaction reporting, Web-based platform
- Cons:
- None
- Bottom Line:
- Yes, I would recommend this to a friend
- Quote:
- I stopped using another "big" broker over 2 years ago when introduced to Advanced Currency Markets, ACM.
The platform is as good as the awards received state, my only problem is that the layout is starting to look a little dated, but important things such as execution and an abundance of tools are still second to none.
Spreads are not fixed, and are not the tightest in the market but my trading experience has shown me that the excellent execution, the lack of any slippage worth mentioning keeps ACM extremely competitive.
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