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Mkcky · 03-09-2004, 13:18

I straddle traded small amount on fxcm, refco and oanda.

Oanda had 32 pips slippage.
FXCM no slippage.
Refco had 21 pips slippage. I think Refco manuplated the trade. They didnt open the trade till the price retraced. Refco always claims that they are bigger and better then their sister company FXCM. IF FXCM can execute the trade without slippage why refco cant do it? I had a chat with Refco Rep. and they give usual bullshit answers, ultimatly they said we cannot gurrantie anything. Beware of refco I am going to close the account with them soon.

Mkcky

03-09-2004, 13:18	#3 (permalink)
Mkcky level 1 Join Date: Aug 2004 Posts: 19 Rep Power: 0	I straddle traded small amount on fxcm, refco and oanda. Oanda had 32 pips slippage. FXCM no slippage. Refco had 21 pips slippage. I think Refco manuplated the trade. They didnt open the trade till the price retraced. Refco always claims that they are bigger and better then their sister company FXCM. IF FXCM can execute the trade without slippage why refco cant do it? I had a chat with Refco Rep. and they give usual bullshit answers, ultimatly they said we cannot gurrantie anything. Beware of refco I am going to close the account with them soon. Mkcky Last edited by Mkcky; 03-09-2004 at 13:28.