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PipJet-1 (de rs92)
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Discussion PipJet-1
Membre depuis Apr 08, 2011
posts 153
Jul 19, 2012 at 01:26
Membre depuis Apr 08, 2011
posts 153
Hi,
I am wondering what is going on here, those results are totally incorrect, for example take the USDCAD trade that closed at 18. July 23:51 at 1.01133. This price has NEVER existed on any broker, not even on the FXOpen Demo account this price has been there at this time. And it goes several times like this on your Demo account, just look at those trades, they close with +16 pips and such, but the prices that they close at have never existed at any broker. Just see for your other trades, it´s the same there.
I am really unsure what FXOpen is doing there, but to me it looks like they have a custom feed for you that always reaches your TP´s so that you think the EA is doing well with them so that you open a live account.
I am wondering what is going on here, those results are totally incorrect, for example take the USDCAD trade that closed at 18. July 23:51 at 1.01133. This price has NEVER existed on any broker, not even on the FXOpen Demo account this price has been there at this time. And it goes several times like this on your Demo account, just look at those trades, they close with +16 pips and such, but the prices that they close at have never existed at any broker. Just see for your other trades, it´s the same there.
I am really unsure what FXOpen is doing there, but to me it looks like they have a custom feed for you that always reaches your TP´s so that you think the EA is doing well with them so that you open a live account.
Jul 20, 2012 at 01:24
Membre depuis Feb 15, 2011
posts 15
Thank you geektrader,
I already noticead such a strange behaviur. I wrote about it to the Megadroid team pointing to them this issue, but they cannot explain why and suggested to ask the broket. I'm also suspecting broker is trying to 'fish' me.
I'll investigate further.
I already noticead such a strange behaviur. I wrote about it to the Megadroid team pointing to them this issue, but they cannot explain why and suggested to ask the broket. I'm also suspecting broker is trying to 'fish' me.
I'll investigate further.
Membre depuis Apr 08, 2011
posts 153
Jul 20, 2012 at 02:41
Membre depuis Apr 08, 2011
posts 153
Yes, well, the developer cannnot do much about it. If the broker sends you wrong prices to hit your TP, then the EA behaves just like those prices would have really existed and generates heaps of profits:) Problem just is, those prices never occurred live;) Didn´t think FXOpen would manipulate that offensive though!
Jul 24, 2012 at 07:59
Membre depuis Feb 15, 2011
posts 15
It is now confirmed: Broker FXOPEN is cheating prospect clients passing on to them false quotations in order for them to reach TP.
I setup with FXopen another demo account with same parameters apart the Stealth Mode ON: in this case no profit were realized.
How can you trust a broker in a LIVE account if they scam you even on DEMO? Stay away from them! They provide the best spread but then they play with your money!
BTW, I wrote them asking justification about the strange behaviour described above; they open a ticket but never answered the question...
I setup with FXopen another demo account with same parameters apart the Stealth Mode ON: in this case no profit were realized.
How can you trust a broker in a LIVE account if they scam you even on DEMO? Stay away from them! They provide the best spread but then they play with your money!
BTW, I wrote them asking justification about the strange behaviour described above; they open a ticket but never answered the question...
Membre depuis Apr 08, 2011
posts 153
Jul 24, 2012 at 13:23
Membre depuis Apr 08, 2011
posts 153
Yes, I thought so already. Well, what can you say, a unregulated broker, they don´t have to fear anything by doing this. But actually I forgot to tell you to turn on stealth mode to identify this since they don´t know your SL / TP this way, and see, they are CHEATING. Stay away from FXOpen
Anyhow, my recommendation is to go with Pepperstone Razor account, they have even better spreads than FXOpen in the Asia session and they don´t have cheated me for a single pip in 2 years (ECN and they truly are).
Anyhow, my recommendation is to go with Pepperstone Razor account, they have even better spreads than FXOpen in the Asia session and they don´t have cheated me for a single pip in 2 years (ECN and they truly are).
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