Thank you CTG for the pdf address above.
CMS has only 1/10 the capital of FXCM.
On FXCM website, they say they have over 10,000 account holders. $7,900,000.00 divided by 10,000 gives and average of $790.00 per account. Not very much.
1. No re-quotes, ever. ACM takes the onerous concept of re-quotes out of the equation.
2. No slippage, ever. What you click is what you get. In contrast to competitor firms at ACM no execution ever occurs at another price other than the one youˇ¦ve clicked on. Limit and stop orders are always executed at the specified price.
I was thinking of opening account with them because of what they said.
1. No re-quotes, ever. ACM takes the onerous concept of re-quotes out of the equation.
2. No slippage, ever. What you click is what you get. In contrast to competitor firms at ACM no execution ever occurs at another price other than the one youˇ¦ve clicked on. Limit and stop orders are always executed at the specified price.
I was thinking of opening account with them because of what they said.
So from your experience, it is not true then?
wise
Im still on a demo account with them, but I get requoted all the time after clicking sell/buy 3 secs later get told a new price worse than what i wanted. 4 times just today. strangely seems to work ok if market moved against you rather than for you.
4xis2ez has an ingeresting point, but remember capitalization is not necessarily a sign of the overall health of a company by itself. There are many factors.
I've heard alot of sales guys tell me they have a "what you click is what you get" trading platform or see it advertised on their web site and not one of them has come through in live trading. ACM did requote but that wasn't my issue, it was their platform which would freeze up/disconnect and it would take me 10-15 minutes to get back on(always occurring during the busiest part of the session). I was told the platform was new and under development but it wasn't getting better so I moved. I looked into my trading log and it doesn't appear slippage was an issue. Hopefully their platform is more reliable today. Good trading.