Jump to content
  • 1

Binary quotes is not accurate


StephenGohCL

Question

I have trade the binary for this 2 years. It seems that the ending quotes is not as per your site indicated. Most of the time i was on the winning when time due, but then it become loss trade. There isnt any time when my losing trade turn winning when due time as the quotes is in my favour. I truely give up after recently i contact your helpdesk and she stated that the actual quotes is base on boomberg quotes. And the timing indicated is not correct. Everything is base on boomberg closing quotes and time. And really sad to waste my money trading on your site for this 2 years. 

Thanks for letting me understand and moving forward to another broker.

Also i hope that you can look through all my accounts details and refund those trade that i should have win.

Acc: GZDTN

Link to comment

3 answers to this question

Recommended Posts

  • 0

Hi @StephenGohCL, not sure what you are saying here, it's not news that IG use Bloomberg's closing prices, it's clearly stated in the documentation. The very reason they they use Bloomberg's closing price is because it is easily referenced indisputable third party data and therefore cannot be manipulated by IG. 

If you are saying that IG has used different prices to Bloomberg's it would be very easy to prove and you would easily  be able to produce examples.

 

Link to comment
  • 0
1 hour ago, Caseynotes said:

Hi @StephenGohCL, not sure what you are saying here, it's not news that IG use Bloomberg's closing prices, it's clearly stated in the documentation. The very reason they they use Bloomberg's closing price is because it is easily referenced indisputable third party data and therefore cannot be manipulated by IG. 

If you are saying that IG has used different prices to Bloomberg's it would be very easy to prove and you would easily  be able to produce examples.

 

Thanks for the reply.

Now i understand, for the digital 100s.

The actual closing quote is base on bloomberg. The quotes on your screen are just for relative references and may not be the actual quotes display.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      20,028
    • Total Posts
      88,036
    • Total Members
      69,022
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    19911990
    Joined 28/09/22 17:45
  • Posts

    • In this week’s Trading the Trend, Axel Rudolph FSTA looks at the downward trend of the German DAX, going short on the bounce to 12,300, with a stop-loss at 12,940 and a long-term downside target of 11,500. ig        
    • BRITISH POUND TALKING POINTS: GBP/USD was in a difficult spot earlier in September and the problem has continued to devolve. It’s a negative feedback type situation around the UK and the British Pound with a collapsing currency leading to surging bond yields which led to a BoE intervention effort that’s led to more currency collapse. It’s a painful feedback loop that hasn’t yet stopped. Is there hope on the horizon? And is this a problem that will be relegated to the UK, as it has similar hues to problems being seen in Europe and the United States. The current backdrop is messy as bonds and FX are screaming panic and meanwhile, US equities look relatively calm. I discussed this at-length in yesterday’s webinar. The British Pound collapsed last week, or so we thought, only to open our platforms this week to see what a collapse in a major currency actually looked like. GBP/USD has set a fresh all-time-low and perhaps more disturbingly, in the days since, price hasn’t really rebounded much. Sellers are still hitting the pair and now there’s other dislocations that are taking place.   The UK is faced with a similar problem as Europe and the US with extreme inflation. All three Central Banks were rather calm as inflation built through much of last year but this year, as inflation continued to run-higher even after initial tightening efforts, worry started to show given that central bank efforts were not only unsuccessful but also appearing to bring on even more problems. Full article and technical analysis: Sep 28, 2022 | James Stanley, Senior Strategist | DailyFX
    • What market data to trade on Thursday: EUR/USD, NXT, MU & NKE The downward trend for the Dax is expected to continue on Thursday with the upside risk to German inflation data. IGTV’s Jeremy Naylor looks at EUR/USD. Earnings out on Thursday include Next (NXT), Micron Tech (MU) and Nike (NKE).        
×
×
  • Create New...