Watch Me Win the September Contest

[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 ?

 

[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they call it - not the money you can withdraw, but something you can use to make more real money (the money that can be withdrawn).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.

 

[waihuimi]

Quote from 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they call it - not the money you can withdraw, but something you can use to make more real money (the money that can be withdrawn).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.

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

 

[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.

 

[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 ?

 

[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.

 

[itrader911]

thanx for the explanation