Trading with Evolve Markets is a story I'd rather forget. Picture this - I was ready to test my trading skills, had my $2000 trading capital ready to go, everything was in place - except for the comfort of regulation. Evolve Markets lacks regulation, a significant dent to trader confidence. Already, safety doubts popped in my head.
The not-so-good part was the trading conditions. In plain words, it was bad. Slippage was a constant worry. You see, I would set my order at one price, but it would be executed at another, usually higher. If you were buying a book priced at 10,but end up paying20, it wouldn't be nice, right? That's how I felt with each trading order.
And let's not forget the spreads - they were just too high. For nitty-gritty, imagine seeing a regular 5 pips on EUR/USD. That's a giant leap, makes it hard to profit. What it does is erode your possible earnings.
Trading with Evolve Markets is a story I'd rather forget. Picture this - I was ready to test my trading skills, had my $2000 trading capital ready to go, everything was in place - except for the comfort of regulation. Evolve Markets lacks regulation, a significant dent to trader confidence. Already, safety doubts popped in my head. The not-so-good part was the trading conditions. In plain words, it was bad. Slippage was a constant worry. You see, I would set my order at one price, but it would be executed at another, usually higher. If you were buying a book priced at 10,but end up paying20, it wouldn't be nice, right? That's how I felt with each trading order. And let's not forget the spreads - they were just too high. For nitty-gritty, imagine seeing a regular 5 pips on EUR/USD. That's a giant leap, makes it hard to profit. What it does is erode your possible earnings.
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