Regulated Future Broker?

[Con1991]

Thanks for the info, I'll have this checked out.

My early guess would be that there was a big difference between the 'Last' on the spread versus the actual bid/ask, so the demo would give you fills at the 'Last' even though the spread wasn't trading there anymore and you placed an order on the Bid. Trading in and out of that on a demo account would generate a big PL pretty quickly. It's one of the caveats of a demo account. Since your orders aren't actually going to the exchange matching engine its quite difficult simulate how your order would be matched, especially on products or spreads where the Last and current bid/ask aren't near each other. This of course doesn't happen on a live account since your orders are actually sent to the exchange.

Yes that is what was happening. In the case of Brent/Gasoil spread, the entry price was showing a figure of 600 or something like that, and the last price(bid/ask) was showing the actual Brent crude price of 45 or so at the time. Thus creating an enormous profit immediately.

 

[Con1991]

That is EXACTLY the problem. Even the best demo engines will sometimes goof up. Ninja's engine sometimes does the same thing...Shows an instant profit or loss on a simple outright entry of a very liquid product, with 1 tick B/A spreads.

@Con1991 you should use the demo account for getting to know your platform, and not whether your trade ideas will work in real-time.

Does seem to happen a lot on demo accounts, giving a false illusion of profits. I can't work out whether it is deliberate on some brokers part, to draw clients in, or whether it is as you say simply system glitches.

 

[Overnight]

Does seem to happen a lot on demo accounts, giving a false illusion of profits. I can't work out whether it is deliberate on some brokers part, to draw clients in, or whether it is as you say simply system glitches.

Trust me, it is just system glitches. The brokers are not out to get you. They want you to be profitable in live, not profitable in only demo. Demo makes them no money, live does. The longer you are profitable in live, the longer they are profitable.

If you blow out and close your account, then the broker makes no more money. It really is that simple.

 

[Con1991]

Trust me, it is just system glitches. The brokers are not out to get you. They want you to be profitable in live, not profitable in only demo. Demo makes them no money, live does. The longer you are profitable in live, the longer they are profitable.

If you blow out and close your account, then the broker makes no more money. It really is that simple.

Indeed that is a valid point.