HomeDaily ResultsMegadroid Results: Mon 11th Apr 2011


Megadroid Results: Mon 11th Apr 2011 — 6 Comments

  1. FXDD:+4.1

    Do you think maybe location/proximity between your computer to the broker’s server has anything to do with it?

    I feel like my performance with FXDD is better than yours, which would make sense, because I’m from the US. I may be completely imagining that though…

  2. Hi Dinh,

    The closer proximity could be an issue, but it’s really hard to be sure. There’s so many variables. I’m trading using their 4-digit server at this stage, and that might be performing differently than their 5 digit server.

    If you look at my monthly results, the FXDD trade counts always seem a little less than the others. However the profits have been reasonably consistent.

    I could run another FXDD account on a server I have located in NY. That might be an interesting way to evaluate the influence of latency on Megadroid performance.

  3. Hi Marius,

    I did some investigation on FinFx a few months back and found out that they are not regulated. I personally try to avoid unregulated forex brokers because of funds safety issues. I prefer regulated brokers (NFA, FSA, ASIC regulated etc), because then the broker has to undergo regular audits, and satisfy other regulatory requirements such as providing evidence of adequate capitalization and satisfactory segregation of customer funds. Some regulators also insure customer funds, as well as watching out for market makers who undergo unfair trading practices against their clients. You have none of these safeguards with an unregulated broker.

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