Watch Me Win the September Contest

Discussion in 'Forex' started by pipscooper, Aug 27, 2005.

pipscooper's ending percent change will be:

Poll closed Sep 29, 2005.
  1. Above 500%

    4 vote(s)
    13.8%
  2. 400% to 500%

    0 vote(s)
    0.0%
  3. 300% to 400%

    0 vote(s)
    0.0%
  4. 200% to 300%

    0 vote(s)
    0.0%
  5. 100% to 200%

    2 vote(s)
    6.9%
  6. 0% to 100%

    5 vote(s)
    17.2%
  7. -100% to 0%

    9 vote(s)
    31.0%
  8. Less than -100%

    9 vote(s)
    31.0%
  1. ssss

    ssss

    Registered: Sep 2007
    Posts: 1



    They offer 3 versions of the platform: java, desktop (also on java technology) and HTML. My experience has been that java/desktop is much more stable than HTML. Although HTML does not require any installations, so it has its benefits too.


    Did you speak about mgforex or about interbankfx
    contest ?

    suspect that mgforex more stable and not overloaded with
    different "word msft" junk

    Both have not mbt/efx interbank spread 10best bid-ask capability

    But mgforex offfer margin 1:800 for gbp/jpy

    mgforex not pay winning money,interbankfx contest pay without limitation
    mgforex contest 50$ per month with paper moeny ,interbankfx demanded real account minimum 250$

    Correct ?
     
    #41     Sep 12, 2007
  2. selleur

    selleur

    I was talking about mgforex sorry it was not clear. Their lowest margin is $250 per lot, which can get pretty risky. Yeah, that means 800:1 leverage for anything that begins with GBP. Great if you are winning, not so much if the market is against you. MG Forex's contest prize is a "trading credit" or whatever they call it - not the money you can withdraw, but something you can use to make more real money (the money that can be withdrawn). I do not trade with InterbankFX, so cannot confirm or deny what they do.
     
    #42     Sep 13, 2007
  3. waihuimi

    waihuimi


    Can someone explain how you come up with MG Forex 800:1 leverage for anything that begins with GBP?
     
    #43     Sep 13, 2007
  4. selleur

    selleur

    The lot/unit size for all pairs beginning with GBP is 100,000 GBP with MG Forex. At the current rates, that equals more than 200,000 USD. Their lowest margin requirement is $250 per unit. $200,000:$250 = 800:1.
     
    #44     Sep 14, 2007
  5. ssss

    ssss

    Can someone explain how you come up with MG Forex 800:1 leverage for anything that begins with GBP?

    ##################


    Is no any doubt 800:1 for GBP/JPY, atleast for demo ,tested multiple time's

    One day was 3 winning trades with GBP/JPY in row
    700% or 8 time's in some 6-7 hours

    How with real money account by mgforex ? equal situation ?
     
    #45     Sep 14, 2007
  6. selleur

    selleur

    live account leverage is the same as demo with mgforex. The highest leverage is limited to accounts only under $10,000. But if you have more, you probably should not want a higher leverage, as that would be crazy from the risk perspective.
     
    #46     Sep 17, 2007
  7. itrader911

    itrader911 Guest

    thanx for the explanation
     
    #47     Sep 17, 2007