Originally Posted by
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Just wondering if anybody who trades with FXCM believes this might be a problem? I have recently begun placing straddle trades together utilizing entrance orders and I've had no problem getting my orders filled correctly.
This afternoon, I put a straddle commerce with ENTRY ORDERS from the GBP/USD. I utilized FXTrek II Charts for this (these are the charts supplied by FXCM and have a direct feed from FXCM). I also have 2 other 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 chased up nearly 100 pips, quitting out my SELL ORDER and triggering my BUY ORDER. According to my MetaTrader and CFG Charts, the initial dip to 1.8313 never occurred, therefore my SELL ORDER should not have already been triggered. This really bothers me. It makes me believe that FXCM is manipulating the prices and deliberately running stops. Is there anybody else that transactions with FXCM, and particularly, traded a straddle this morning or in the past, who's had this issue? Any comments would be greatly appreciated. Even in the event that you exchange with another broker other than FXCM, I would like to receive your input also.
Thanks.
CA1961