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![]() Advanced Markets (AMIFX) |
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Trusted By The Forex Broker Guide Last Updated: 2008-06-22 |
![]() Author: David Champagne
Date: 2009-01-08 05:42:24
I suspected some things were not right with them when my stop loss would just barely be hit again and again. but then when I started watching the market while I was in a trade I noticed they would blind me to what was happening by not feeding data.
I was in a trade when it turned against me then they left me in limbo and when it did come back online it moved that much more against me. DON'T DEAL WITH THEM!!! ![]() Author: Steve
Date: 2009-01-08 05:41:39
Managed account is a scam. Lied about how they managed the accoount. They traded the account down 68% in three days!!!!
Do not use them!!! I had to force them to halt trading. ![]() Author: Fast-Trader
Date: 2009-01-08 05:41:07
Absolute crap. Requotes all the time. Pushed to dealing desk. I trade 3 other platforms, get instant fills, and very minimal requotes. If there are requote its for 1-3 pips.. AMI requotes 10 sometimes more depending on the market movement. On 2 seperate trades AMI slipped my stop by 9 pips and then 19 during news while the other 2 platforms had no slippage and were executed on the mark... Where did this money go???...hmmm, I wonder.... My platform mysteriously locks up all the time, cant log back in, and need to shut down and restart. Try contacting the support desk to resolve a problem.... Email is the repsonce. GOOD LUCK TRYING TO GET A FAIR SHAKE....
![]() Author: Jason
Date: 2009-01-08 05:40:26
I've been trading live accounts for about 1.5 yrs. I've been using Advanced Markets for about 6 mo. I have to admit that they are a good, reliable company. while small, I feel that they are very personable and care. Trading GBP/USD and EUR/USD and CAD during volatile times has been surprisingly fast with virtually no requotes. NZD or AUD is a bit tough, though, but that is to be expected from such thin mkts. They claim to totally pass through orders to open market. I believe they really do. Once I felt I had a bad exit on NFP when the market slowed, and they refunded me over a $1000.
![]() Author: Little Birdie
Date: 2009-01-08 05:39:45
The NFA has issued serious complaints against two small, undercapitalized firms.
The first is Advanced Markets (Amifx). The NFA says in its complaint, ![]() Author: howard
Date: 2009-01-08 05:39:03
i had a very good experience trading with them, the only reason i left was there platform does not all auto-trading, if this was different i would have no problem at all re-opening a account with them. look at there web site, they explicitly state they do not engage in any price manipulation, this is the only forex broker that i know of that does that.
![]() Author: Jimmy
Date: 2009-01-08 05:38:35
I use this broker forabout 4-5 months now and can say I have never had a problem worth complaining about. Obviously, as with any broker, news trading can be tricky. Customer service is responsive. I recommend them.
![]() Author: Anonymous
Date: 2009-01-08 05:37:47
try a demo, there u will be safe. Any real money is their's, and you'll see yours dwindle to 0. requotes, lock-ups, won't let u get out when a trade turns on you. even had to shut whole computer down, wouldn't close .then reboot ,which takes a minute or so. then thier's opens slow ,all while the trade went against you. don't take but 1 week to lose your acount. They are good at that. ripping us off.
![]() Author: Dan
Date: 2009-01-08 05:37:18
I have been with amifx for a few months and have always received excellent executions. I also trade heavily on news. During the past couple of weeks, I had a couple of issues on execution times and my entry stops and trailing stops. When I spoke to customer service they explained to me they had some "issues" in their software and to use caution on using those functions until the problem was corrected. At first, I was skeptical but, they kept in total contact with me, followed with me by phone, and even called me when the software issue was corrected. I doubt you will find that kind of service from some of the others out there. (Trust me I know) Except for their "system problem" I cant complain and their customer service is excellent!!!
![]() Author: Jay
Date: 2009-01-08 05:36:29
I have now experienced the 2nd worst broker in this market. (we all know who #1 is FXCM) After making a profit I was put on manual execution the very next day. When I asked them why, the answer....are you ready...... "The bank has to protect their investment." I had to give them at least 1 star for that honest comment...LOL
![]() Author: magoo
Date: 2009-01-08 05:35:55
I have been with this broker for aprox 1 month and I have NEVER gotten filled at the price I clicked. I trade news mainly. They claim no dealing desk - then who is giving the requotes 20 pips off market? I traded the CPI this am clicked on 95 and the trade stayed in the order bin for about 90 secs then I got a requote of 65. By that they have a dealing desk and they certainly are not stp. They have misrepresented themselves, wasted my time and I am leaving. This is a scam broker - stay away!
Good New System
![]() Author: James
Date: 2008-10-02 02:05:12
Have traded with this company for some time on their Wintrade platform. Pricing and fills have been OK. Customer service good. Also recently started using their new Advanced Trader 2 system, pricing and fills great, very fast and functionality great.
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