Advanced Markets or AMIFX
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thread: Advanced Markets or AMIFX

  1. #1
    Junior Member edulcor's Avatar
    24

    Advanced Markets or AMIFX

    Any thoughts on this business? Anyone with your comments and them? They have different technology from everyone else but using STP technology called DMA (Direct Market Access). The PIP disperse is one. I don't see alot of comments on these guys. They're regulated in america and they do alot of institutional company.

  2. #2
    Not certain where you're getting that just USD pair just. On their web site for BROKERAGE FEE schedule, it doesn't say only USD pair. Where did you get that? Thank you for any clarifiion.

    BTW, I've attached so far my demo for 2.5 times...

    My account statements which reveal commissions charged. It says commissions are charged in USD correct? Many USD are in 100,000 GB Pounds? About $156,000 USD. Many USD in 100,000 Euros? About $128,000 USD. Trading AU or NU for example would really be less than $8 round turn though, since 100,000 NZD is about 71,300 USD, etc.. Hope that explains...

    Edit: sorry if I came off a bit defensive in my last article. I just edited it. My bad...

  3. #3
    Junior Member Alpeher's Avatar
    20
    I love this broker and do my trading buddies. We all have had reside accounts with them now and they rock! You won't find reliable broker when it comes to implementation. I've tried just about all them believe me. No issues with withdrawls and like you said they are NFA regulated and USA established. Their spreads are fantastic, commissions are ok. My advise is to provide them a go!

  4. #4
    Junior Member edulcor's Avatar
    24
    Thanks for your own personal feedback. I will go with them. I'll use another charting program, but their platform has me sold. Their FAQ should be read by anyone interested.

  5. #5
    Junior Member Kyny86's Avatar
    12
    I'm interested in what happens during news releases. Any remarks

  6. #6
    Junior Member edulcor's Avatar
    24
    Throughout the spikes last week on EUR/USD, the spreads remained steady, and I have been testing them for at least a month and that I managed to put a trade in. Now granted, I am using their presentation. In contrast, my presentation on another platform, their spreads widened so I never placed a trade.

  7. #7
    Junior Member hanksipk's Avatar
    17
    Was in the beginning and with AMIFX for approximately a year was stuffed 25-50% of this spike, but that stopped after a last and while I I was slid to top and bottom of spikes. Their final is a bit. I wouldn't reccommend them to get spike trading. Their commissions are high particularly about the gbp crosses.

  8. #8
    Junior Member edulcor's Avatar
    24
    Appreciate the Comments. Keep concerns for a scalper.

  9. #9
    Was with AMIFX for about a year and in the beginning was stuffed 25-50 percent of this spike, but that stopped after some time and past I traded together I had been slipped to bottom and top of spikes. Their final is a bit delayed. I wouldn't reccommend them to get trading that is spike. Their commissions are high particularly on the gbp crosses.
    Agree with everything you say above. They're not worthwhile. They don't appear to have a lot of liquidity that is why they fill conclusion of spike. Or may be it's their game to create as losses since they can for traders during fast markets.

  10. #10
    Junior Member edulcor's Avatar
    24
    I've discovered that Advance Markets or AMIFX are too expensive. They are to the competitor independently in commission though their spread would be the cheapest. Asides from that, they charge a spread cost!

    Example: They charge $8 round trip for 100K thus if I trade 1 MIL it'll be $80 plus spread cost. FXDD Currenex is lower per 1 MIL or $ 20. That the price tag!

    These amount are based on quotes last week I received.

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