Forex MegaDroid review - 12 brokerages

[PipCop]

I agree. It does show that changing things is never good. However, they do market this as making so much money, and using a higher risk level of 38%, so it seemed fair to put them to the test.

The conservative settings were not making any money at all, and to me that's a bigger failure.

[pipdetector]

Do you mean that higher RL increases the probability that MD will trade? I think that it only uses it for calculating the position size and stoplosses...

In my case conservative settings were making money, but they are a far cry from what MD marketing team claims... This would be a couple percent a month + frayed nerves when trades were opened against the trend that woke in the Japanese session ;-)

[beatsme]

Hi pipbuster,

im planning to open an account with FXBCS that you suggest at MEgadroid post..

Did you have any trouble with them?

Already withdraw something? Went ok?

are they stable? no stop hunter etc etc?

thanks pal!

[pipsbuster]

Originally Posted by beatsme

Hi pipbuster,

im planning to open an account with FXBCS that you suggest at MEgadroid post..

Did you have any trouble with them?

Already withdraw something? Went ok?

are they stable? no stop hunter etc etc?

thanks pal!

Frankly speaking, I am not too fond of FXCBS. The last two trades on my account with them were losses: http://jbfxcbs.mt4stats.com/ . If you are to go with an ECN broker , I'd say ATCBrokers.com would be a much better choice (you can view my account with them at http://apatc50.mt4stats.com). Another good pick (even though it's not ECN) would be Alpari UK (see my demo at http://jacobalpari.mt4stats.com).

[beatsme]

why you are not fond to fxcbs?

and what strategy do you use at ATC? you stats likes very nice

[pipsbuster]

Originally Posted by beatsme

why you are not fond to fxcbs?

I have explained it in my previous post.

Originally Posted by beatsme

and what strategy do you use at ATC? you stats likes very nice

Same as with all other brokers. 0.1 risk level, default settings.

[beatsme]

you dont trade manualy? only megadroid?

[pipsbuster]

Originally Posted by beatsme

you dont trade manualy? only megadroid?

That is correct.

[pipsbuster]

I was pleased to discover that MegaDroid fully recovered my account with ATCBrokers.com from the losing trade it took and moved on with profitable trades: http://apatc50.mt4stats.com/ . Weird enough, none of these trades took place on my FXCBS account, so I am now thinking of getting rid of it and keeping only the ATCBrokers one.

[TiKin]

Originally Posted by pipsbuster

I was pleased to discover that MegaDroid fully recovered my account with ATCBrokers.com from the losing trade it took and moved on with profitable trades: http://apatc50.mt4stats.com/ . Weird enough, none of these trades took place on my FXCBS account, so I am now thinking of getting rid of it and keeping only the ATCBrokers one.

Pipbuster,

Recovered OK but a demo account does not mean much if anything, open a $200 account and then you will really know what it is worth.