GoMarkets Discussion -
1 2 3 4 ...

thread: GoMarkets Discussion

  1. #11
    Junior Member JorgeOtpk's Avatar
    10
    Has anybody noticed that Go Markets currently has a couple of seconds postponed execution? When you click on buy or sell, it states that the order has been processed and then you get the price of a couple seconds. When price is moving you'll incur slippage. You can check the amount of seconds they take for implementation on your diary when you are trading or on your metatrader log.
    While I haven't had any complaints. . I exchange from the states, and the transactions do not execute as quickly as state MBtrading. However, while attempting the demo account..the trades perform a lot faster than real time.


    One time I managed to cancel a market order and the system allowed it to be canceled after it had been transmitted..That's how long it takes for orders to implements occasionally.

    I will put some trade occasions on sunday night.


    My Real only concern with them is the length of time it takes to fill market orders together. They have customer support, and deposits are credited. .

    However, the very long trade implementation is very worrying. . .It allows you to wonder exactly what' is going on...

    I've honestly had accounts with 15 forex brokers and there fills take the longest.

  2. #12
    Junior Member mini_oke's Avatar
    13
    Has anyone noticed that Go Markets now has a couple of seconds delayed execution? When you click on buy or sell, it states that the order is processed and then you receive the price of a couple seconds. When price is moving very fast, you'll incur huge slippage. You can check the number of seconds they choose for execution on your diary when you're trading or on your metatrader log.
    Yes this is some thing I noticed, however, as I operate the platform on two PC's I find sometimes 1 PC executes immediately, while another takes up to 4 seconds at times, I have been told to delete the platform and reinstall it, but have not tried it however, I do not think it's intentional, but can be a nuisance for sure.

  3. #13
    Yes this is some thing I noticed, however, as I operate the platform two PC's I find sometimes 1 PC executes instantly, while another takes around 4 minutes occasionally, I have been told to delete the platform and reinstall it, but have not tried it yet, I do not think it's deliberate, but can be a pain for sure.
    Never believe a broker that tells you that slow execution is an issue in the end. It is consistently at broker's conclusion. If a broker blames your online link or ask you to reinstall the platform they and you are playing games. Believe me I'm a veteran that has used many brokers. I've checked with a number of buddies that use Go Markets and report that the delay started. It is a dealing desk tactic though you might receive a price, then as soon as the market moves quickly you'll give it back and more in slippage. Plus it wouldn't matter in which part of the planet you're in when the broker intentionally waits implementation since I believe Go Markets is performing.

  4. #14
    only a query....do they only charge on spread or do they also charge commission as well as spread? Also whats the .5% commission for?
    There is absolutely not any commission nor a .5% commission.

  5. #15
    From Australia, Go Markets are a decent broker IMO
    I've heard the same from Australians, but my concern is whether implementation is worse for non-Australians due to the large physical space to their own servers.

  6. #16
    anywhere from 1-3 minutes for market orders to do for certain. Their is a price slippage..However, the slippage is not necessarily against you. .
    Due Gamma76, it is just what I needed to hear - the encounter of a US trader with GoMarkets whose servers are around the opposite side of the world.

    It's like 50% change the price gets full at better than the quoted price and 50% it gets stuffed at worse price.
    At least it is fair. Some brokers only pass slippage if it isn't in your favor.

    they explained that because I'm trading from the united states, it ought to take a tiny longer..However, no more than 1 second.
    In order that they acknowledge it themselves the physical space can cause extra delay.

    Their price feed is the most volatile i have ever seen. .
    That is the way an STP or ECN price feed ought to be, with prices staying constant often for only a couple of milliseconds. So the larger the network latency, the more difficult it is to ch the price your terminal receives.

  7. #17
    MetaTrader was never made to be connected to some Currenex feed since GoMarkets have done, so maybe problems arise, just like in a union.

    What other brokers provide Currenex through MetaTrader, and how do they compare with GoMarkets?

    I've only checked the GoMarkets website and it says they will soon offer the true Currenex platform tagged GoTrader Pro. The physical distance for non-Australians remains an impediment, although I presume execution would be better.

  8. #18
    Junior Member JorgeOtpk's Avatar
    10
    Yes this is some thing I noticed, however, as I run the platform two PC's I find occasionally 1 PC executes instantly, while the other takes up to 4 seconds occasionally, I have been advised to delete the platform and reinstall it, but haven't tried it however, I don't think it's intentional, but can be a nuisance for sure.
    I tried uninstalling it such as the said..It didn't improve trade execution one bit. .

  9. #19
    Junior Member mini_oke's Avatar
    13
    Never think that a broker that lets you know that slow execution is an issue in the end. It is consistently at broker's conclusion. If a broker blames your online connection or ask you to reinstall the platform they are playing games. Believe me I'm a veteran who has employed brokers. I have checked with many buddies that use Go Markets and report that the delay began some 2 months ago. It's a dealing desk tactic although you may sometimes get a favourable price, then as soon as the market moves fast you will give it all back and even...
    Yes I hear you, I also have expertise with all types of brokers, this problem did not start 2 weeks ago for me, but instead, 2 months.
    Also as I said, one of my own PC's executes a lot faster than the other....
    Distance alone cannot be the reason, as my orders with Transact futures (US server),and sooner with Oanda, were executing almost instantly.
    I must say I have no affiliation whatsoever with this broker, and when established that they're playing matches it'll hurt them however, I do not believe that to be the case.
    I'll choose some time to speak to one of the reps this week to find out whether it could be solved by reinstalling.

  10. #20
    Junior Member JorgeOtpk's Avatar
    10
    Yes I hear you, I also have experience with all kinds of brokers, this problem did not start 2 weeks ago for me, but rather, 2 months.
    Also like I mentioned, one of my own PC's implements a lot quicker than the other....
    Distance alone can not possibly be the motive, as my orders with Transact futures (US server),and earlier with Oanda, were implementing almost instantly.
    I must say I have no affiliation whatsoever with this broker, also if proved that they're playing matches it'll hurt them considerably, however, I don't feel it to be the case.
    I will choose the moment...
    I have installed it on a Top End computer, that I produced myself..The computer boots Windows 7 at 11 seconds (rounded up). In addition, I have a connection that is speedy that is true, since I tried everything I could on my end, and couldn't get faster execution times with Gomarkets.

    I believe that this is an issue that just go markets can solve.

    I'm wondering if Lot size has an impact on how quickly the trade could be executed?

  •