Originally Posted by
;
Just wondering if anybody who deals with FXCM believes this might be an issue? I have recently started placing straddle trades with them using entry orders and I've had no problem getting my orders packed correctly.
This afternoon, I put a straddle trade with ENTRY ORDERS in the GBP/USD. I utilized FXTrek II Charts for this (these will be the charts supplied by FXCM and also have a direct feed from FXCM). I also have two different sets of charts, one from MetaTrader and another from CFG. According to my FXCM trading platform and FXTrek II charts, at roughly 08:31 (EDT) the market dipped roughly 47 pips to 1.8313 triggering my SELL order. Within about 30 minutes, it then spiked up nearly 100 pips, stopping out my SELL ORDER and triggering my BUY ORDER. According to my MetaTrader and CFG Charts, the first dip to 1.8313 never occurred, therefore my SELL ORDER should never have already been triggered. I am really bothered by this. It makes me think that FXCM is manipulating the prices and deliberately operating stops. Is there anybody else here that trades with FXCM, and in particular, traded a straddle this morning or before, who's had this problem? Any comments will be appreciated. Even if you exchange with another broker other than FXCM, I would like to get your input too.
Thanks.
CA1961