EXNESS
EXNESS
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Your failing to understand my point. The spread becoming wider the normal happens in EVERY SINGLE BROKER. Even in ECNS. Them widening the spread isn't anything "personal". It happens to EVERY single exness user, and it does to users in fxopen or any other broker for that matter. Your posting on as many forums as you can about exness. Have you lost your last penny with exness, and can't find any money to redeposit with another broker? Stop crying and get a 9 to 5. Also read the freaking term and agreements. It doesn't matter if I am trader or not. The term and agreements is the contract between you and the broker. It clearly says there that the spread can become wide depending on market conditions.
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BellaVista, what are you arguing ? That "Barbarian" did some bad trading ? Yes, maybe ... And so what ? It doesn't have anything to do with the fact that Exness manipulates the spread (among other things) according to your ORDERS, not to MARKET CONDITIONS , and THIS IS what Barbarian says, because he experienced it, like I experienced it too.
Now, what trader says to another trader: "read the terms and agreements of the broker" ? ;)
Why are you accusing Barbarian of bad trading (Which is TOTALLY IRRELEVENT) and defend Exness ? You're trading with Exness and are *SO* pleased with them ? You never get [OFF QUOTES] when Exness don't want to let you in or out a trade ? You know, the little problem you can read all over the forums and if you ask about it to Exness' support after having serious troubles getting out of a trade, they will act like they NEVER heard about it, or had anyone EVER have this problem ? Pretty funny when I think about it now ;)
Spreads widen during news on forex ? OK, we all agree about it, no need to try to prove that ;)
To post a video to show that Exness IS widening the spread during a news ... Oh, thank you ! You're a pretty funny guy too, lol.
Now, if you (or anyone else) want proof of Exness' spread manipulations, just have a look here, the second post about my GBP/USD orders hit. You have everything you need, and I can provide you with OANDA and GAIN CAPITAL tick-by-tick GBP/USD quotes for this moment to compare to Exness quotes you can see on the screenshot.
http://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/21964-exness-scam-6.html
If you trade with Exness, I would advise you to get your money out while you still can (but it IS your money, so you do what you want). If you're paid or interested to defend a DISHONEST broker here, why, like you said to Barbarian wouldn't you just: "shut up!" ?. Or maybe you aren't even related to Exness or trade with them and that would make you the "complete idiot".
Now, after having seen the evidences on FPA, a SMART guy would apologize. Let's see if you're just an idiot or a "complete" idiot...
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😁
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Your a complete idiot. Unless you can provide video evidence. Then shut up! Also read the terms and agreements of the broker. The spread will change due to market conditions. And asia is the least liquid period of all trading sessions. That is the reason why the spread is the widest. Being there is no liquidity in the market at that time, the spread will be slightly wider then normal.
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I've said it all mate when I compared your service to a course in the show "Wipeout". Disconnects, spread widenings, requotes, moving of stops, slippage; it all can fly at you at any random moment. So, I had to start adapting to all this by taking a whole new route where 10 or so pips mustn't mean much to me now (evidently same goes for you as a broker 🙄 ) You keep requesting video evidence, I presume. I managed to record so far a series of requotes and failures to fill in the orders and after to close them. Isn't that swell...If you really want me to I'll setup a 24/5 rec on one screen so that we can check the spreads too, and youtube it, and vimeo it, and metacafe it, and hulu it and veoh it, and ebaum it and break dot com it and videomotion it and....I'm so bored because I dare not trade in the Asia session in my Exness account. 😑 You're just digging your grave faster mate. Be like the other spoke person and say: "Exness has the most liquid providers on the planet", or deny everything and claim how it's not a market maker. Everything other than snapping at customers is a smarter choice at this point.
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1) EVERY single broker has a wider spread then normal during ASIA...
2) If you claim your spread becomes other then news time then please prove it.
http://www.youtube.com/watch?v=y-5ylDwhtss
Here is a link which shows the spread becoming high, just moments for an N.F.P. news release. Feel free to fast forward to 0:55 second. Oh yeah that is with the broker exness. If you don't like the broker that is fine. Yet, you are to blame for your horrible entries. Not the broker.
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I'm not in the same position as you bro, as I don't even have a 4 digit account with them. I was going to invest into one originally because they did seem as you say " too good to be true" of a broker. But not now, no sir. As Bush W. once said, Fool me once, shame on- shame on you. Fool me... can't get fooled again. lol. I wish you to return the money to your account as soon as possible and I want to read it happened here or on FPA. Best of luck!
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Are you now trying to claim how there are no server disconnects during the day??? You are the one making the excuses.!!.OOoo the news, the weather..boohoo0..lol..this is turning real ugly real quick and as I said earlier, I don't want to blemish the whole company for something that might be " a series of freak occurrences". But, as it stands,my memory tells me that the spreads went wild on normal, not NFP days. And Mevo is right about Asian session trading too.
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Exness does not shut off your mt4. Your so full of Sh!t. Why not record your screen, and show proof. Other wise your deflecting your horrible trading by blaming exness.
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Yes there are news EVERY hour. Yet it doesn't happen during every news release. They only happen during NFP, or job claim news. So it appears your looking for an excuse to justify your bad trades.When the spreads become 10 pips. Its only for about 2 secs. That would effect only scalpers if they are using a stop loss of about 10 pips right before the news is released.
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To continue the discussion:
http://www.myfxbook.com/community/general/how-i-got-ripped-off/429695,14#?pt=2&p=1&o=429695
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I'm a technical trader, but, aren't there "news releases" every hour of every trading day...Maybe try to limit your excuse a bit more, because as it stands is just reinforcing my claim of constant possibility of large spread inconsistency.
You are right, 90% of traders will be losers. But, surely then 100% of traders will be losers when you shut off their mt4 platform when they try to close the trade in profit..innit
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[/quote]Yes exness may have a 1.5 pip spread the all of a sudden it becomes 10 pips. Yet that ONLY occurs during NEWS RELEASES. Any experienced scalper or trader knows to stay away from a currency during that time.
Exness is not the best broker for scalping, but they are not be blamed for your horrible entry point which ends up in you losing funds. [/quote]
To widen the spread during news is one thing, and everybody can understand this. This is NOT what Exness does. At night, when the market is not moving at all, try to open a 1 LOT pending STOP BUY order 10 pips above the actual price, and a STOP SELL order 10 pips under the actual price, you will see quickly a nice wild spread increase to hit your both orders ... THAT'S what Exness does ... Proofs are on FPA with the above link submitted. I have seen more than 40 pips spread on EUR/CHF when we were stuck on 1.20 to search stops under 1.20, and this happened almost every days during a period, only the evening when market was really calm. No news.
Please continue on the forum too if you want.
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Barbarian: Thank you for your post. I totally agree with all that you wrote. It is true that Exness post a lot on forums: Under their name, and under other names, saying it is the traders fault, defending Exness or promoting it as the absolute best broker on earth (and often accusing scammed traders to work for a competitor and post false stories, lol)
PLEASE do NOT do the same mistake as me: I was at one point in the EXACT same situation as you. I had noticed their tricks, but wasn't too sure about if they were scamming me on purpose or having, like you say a "crap service". And EXACTLY how you've done it, I ADAPTED my trading successfully. But later, as I earned back some money, they just did far worse to prevent me from being able to withdraw that money. And afterwards I really kept on asking myself: "How can I have been so stupid ? I perfectly knew they were dishonest, why did I continue ? It was so obvious !". So please don't do this mistake. I totally understand that psychologically, you want to recover and get your money back. But you also know that it is the same if you withdraw what you have left and recover with another broker, an HONEST one. You even will be able to do some better trading, and more importantly: If you win too much with Exness, you probably won't be able to withdraw, so leave while you still can !
If you want to invest some time: Read the thread here and on FPA (the 2 links posted before) and understand that you should leave Exness as soon as possible (this is only my opinion, but read and make an opinion by yourself).
If you want to continue to discuss, please post in the thread on the forum here, and I will reply there too, as we are in the "Broker review" section here.
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Well here is the best question to support exness. Does exness force you to enter a buy/sell order? Most brokers claim that EXNESS has cost them money. Yet when you look at the persons trades. The trader has a huge pip drawdown (as swing traders usually have), not to mention they have no actual strategy. Yes exness may have a 1.5 pip spread the all of a sudden it becomes 10 pips. Yet that ONLY occurs during NEWS RELEASES. Any experienced scalper or trader knows to stay away from a currency during that time.
Exness is not the best broker for scalping, but they are not be blamed for your horrible entry point which ends up in you losing funds.
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I have a so called ndd account with them and have had it for some time now. So, I have to say I support what you are doing here by trying to shine a light on these seemingly shady practices. Their widening of spreads (from promised max 2 pips to about 10 pips) on major pairs smack in the middle of the day cost me a large chunk of my account from which I had to recover by switching my whole method of trading --from intraday to longer term trading --not to mention that trying to scalp with them is virtually impossible. Requotes are a frequent, sometimes big slippage...It all happens, everything bad that can happen to your account WILL HAPPEN in Exness!
But, they just couldn't stop me from shorting Euro crosses since this Cyprus crisis happened and soon I will have all the money needed to have my account at where I can withdraw it all and say adios forever. My only concern here is that I'm pointing a finger at people that work in the company for something that is perhaps a software issue with DD platform and that it wouldn't happen in their supposed ECN accounts...You know, maybe they are not scammers but instead running a crap service....One thing that pisses me off though is when they come on forums like these and fault the loss on traders "because they aren't trading properly"...lol...Its equivalent of hosts of the "Wipeout" (show on ABC channel) saying to contestants how they are clumsy and that is why they can't finish the course without falling over and over.
I truly don't want to be unfair towards the mentioned company, but this is my true sentiment after witnessing all the crap disconnects, spread widenings, requotes, moving of stops and slippage on this account that I've tried to manage .
Cheers and keep us updated.
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It has already been posted to FPA, here: http://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/21964-exness-scam.html
and there is a thread here on MyFxBook too: http://www.myfxbook.com/community/general/how-i-got-ripped-off/429695,14#?pt=2&p=1&o=429695
All trades had to be closed at the same time as they were hedging each other. You will find all explanations on FPA if you want.
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Mevo, I don't quite understand why did they have to close "all your transactions" after the discontinued pair was solved. Why couldn't yo close the EURUSD pair on ur own?
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Paste this on ForexPeaceArmy website too pls! cheers
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First, I am very happy with this broker, but right now that says Mevo ............ But most make me GROUCHY is their server ..... it's been almost 2 weeks ....... The most severe .... Today only in the 2 hours I try to access, there are more than 10 X disconnect on my MT4 .........
Although they are very fast WD .................
Better to just leave them ...............
