Forex MegaDroid review - 12 brokerages - Page 76 - Pip Cop

pipsbuster · 2011-12-05, 01:14 PM

Continuing my successful journey with Forex Megadroid: http://www.myfxbook.com/members/fxcb...7QOYvVEBtYbROl

Merrygoround · 2012-01-06, 05:58 PM

Ouch! That is aggressive mode for you...

philmypants · 2012-01-10, 08:13 PM

I deal with hotforex broker

and watch pipbusters fx chart closely. I almost always get better results than him so it might be something to consider if anyone is looking for a broker

.

**rsmereka** · 2012-01-11, 08:45 AM

Quote:

Originally Posted by philmypants

I deal with hotforex broker

and watch pipbusters fx chart closely. I almost always get better results than him so it might be something to consider if anyone is looking for a broker

.

HotForex looks interesting,

Looks, however, undesirable for EA's like Forex Hacked where you need max leverage

. Their leverage

floats (they don't say how) and the only way to get 500:1 is their micro account. They don't say if there is a max deposit allowed on that account.

I calculated a Premium

account operating at 300:1 with their 15% rescue bonus trading 2 standard lots and the margin

required is still to high.

Rick

**Batchboy** · 2012-03-09, 06:42 PM

Quote:

Originally Posted by philmypants

I deal with hotforex broker

and watch pipbusters fx chart closely. I almost always get better results than him so it might be something to consider if anyone is looking for a broker

.

hi pmp,
If you have myfxbook connection to it I'd like to "take a gander" compared to pipbuster's myfxbook MD,
Thank you.

**Batchboy** · 2012-03-09, 06:47 PM

Quote:

Originally Posted by pipsbuster

Continuing my successful journey with Forex Megadroid: http://www.myfxbook.com/members/fxcb...7QOYvVEBtYbROl

Congrats you made it thru another year @ 100% w/ MD pb.
I see MD is up to its usual but rare extreme loser moments. Makes one wonder about what MD folks mean by 400%.

jwill255 · 2012-04-16, 04:52 PM

I am new here and I think this is the perfect EA for me to get my feet wet with. I am okay with Fewer trades, more consistency but potentially a little less money. Rick what broker

do you recommend with this EA. I have $2,000 for a live account. I set it up with FXDD but it looks like they are not a good company to go with. I am in the US I have seen that ECN's are best to go with, but I thought I saw that you need at least 5K. I will obviously run a demo account first. But I want to run it with the same company I will go live with.

jwill255 · 2012-04-16, 05:16 PM

Also wondering if anyone has any VPS recommendations?

**Batchboy** · 2012-04-16, 05:38 PM

Quote:

Originally Posted by jwill255

Also wondering if anyone has any VPS recommendations?

Have been with commercialnetworkservices.com for a few years, been very happy with them.

**rsmereka** · 2012-04-17, 07:57 AM

Quote:

Originally Posted by jwill255

I am new here and I think this is the perfect EA for me to get my feet wet with. I am okay with Fewer trades, more consistency but potentially a little less money. Rick what broker

do you recommend with this EA. I have $2,000 for a live account. I set it up with FXDD but it looks like they are not a good company to go with. I am in the US I have seen that ECN's are best to go with, but I thought I saw that you need at least 5K. I will obviously run a demo account first. But I want to run it with the same company I will go live with.

Hi and Welcome,

Not being a U.S. resident, I don't exactly know the best broker

for a U.S. resident. This topic, however, has been covered a lot especially in regards to MegaDroid. I ran it for years using Alpari UK.

Maybe some U.S. individuals can chime in here. I have heard Pepperstone discussed a lot in this regard but, obviously, I cannot recommend them.

The VPS provider I use is forexvps.com. They used to be rock solid but lately (in the last two months), there has been a number of unplanned and uncommunicated reboots. No harm done as I have my main accounts set to automatically start up upon reboot. There has always been a support issue with forexvps but I have dodged it effectively. I have been thinking of defecting to Commercial Network Servies (CNS) for a while but my accounts now are with GoMarkets and their latency table has an exception for this broker

. I have advised other Pipcop members to go with CNS and they are very happy with them. Their prices are the highest for what you get but their network is top notch. Even though I have never used them myself, I second Batchboy's recommendation.

Rick