HomeDaily ResultsMegadroid Results: Thur 21st Apr 2011


Megadroid Results: Thur 21st Apr 2011 — 4 Comments

  1. fx pro : I reached TP with 10 pips
    I stopped my others 2 accounts for bank holidays, I will just let fx pro also on monday…

  2. Hi there.
    It’s great to see someone who has been trading with megadroid for some time with actual results.
    I have been test demo account for last couple of weeks with FinFx, the broker megadroid recommended and just deposited $500 yesterday.
    I have not started trading the live account.

    But I found out that FinFx is not regulated according to your previous post.
    Do you think I should change the broker or just go ahead and start trading.


  3. Hi Chang,

    I can’t recommend what you should or shouldn’t do, but I personally wouldn’t use any non-regulated broker because IMO there’s an increased funds safety risk. Regulation procedures vary, but they usually require regular audits of the brokers financials, demonstration of segregation of customers funds, an adequate level of capitalization (i.e. risk exposure), background checks on the company directors/owners. In some cases customers funds are even insured.

    Unregulated brokers have none of these safety checks.

    Regarding FinFx, I did some checks on them a few months ago after one of their representatives contacted me.

    They do seem to have a physical address, which is a positive, but for some reason FinFx are not registered with Finland’s Financial Supervisory Authority (FIN-FSA)


  4. FXDD +4.2

    I had a FinFX account and I wasn’t too happy with its performance. It performed great on the Demo, but the performance on a Real account was quite different in my experience.

Leave a Reply

Your email address will not be published. Required fields are marked *