topgun posted:
   just spoke to them and refuse to give any information about drawdowns, typical, worst, open position draw....they said:::what does it matter look at profit.....well that profit changes if they are running huge open position losses...very cloak and dagger. Ive never seen a serious MM hide Drawdowns or open position P/L......VERY VERY odd


Dear topgun,

As you can see in the statement the equity is now 100% and the statement is updated some minutes ago. It shows that we don't have any open position now.
In our idea if a system runs for 1 year and still working without loss and open losing position it is a trustable system. It is our policy to don't give any information about our trades.

Please feel free to contact us if you have anymore questions.

We always try to play fair, but we are not interested that our trades will be followed.

Regards,

fxpublisher support team
 

Top Gun,

In the end I decided not to invest through their EToro managed account, even after transferring funds. The simple reason is that FX Publisher said they use a different system at EToro (then the one published here) and that number of days a trade is held can be longer (hence I assume DD could also be very different). I was concerned this meant they used greater lot size in their Martingale system adding to overall risk. I will reconsider this decision once Fxpublisher publishes their Etoro managed account in MyFXbook. Hopefully they will do so one day. For now only their IntaForex PAMMs are published.

Now regarding their InstaForex PAMM. I received the same answer as you, ie no info available on the sytem used including risk/reward profile. However from looking at the duration of trades in their advanced statistics one can see 3-4 trades were greater than 4 days and less than 12, and one was over a month long. I am sure that drawdown reached over 35% possibly over 40% for these trades. However, it is impossible to know for sure because FXpublisher updates the MyFXbook account once all trades are closed so it is impossible to see equity status in between trades. They also do not open the history of trades which would provide a good indicator of DD by looking at how many lots were closed during these extended trade periods. It is my hope Fxpublisher will be more transparent about their statistics to better inform potential investors of risk versus reward.

Jean-Paul

Expectancy: -0.3 Pips / $1.23

no comment needed

   jpauls posted:
   Hello FXpublisher team,

I would like to have further clarifications on your trading. In previous emails you said the trading at Etoro is different than Instaforex (ie a different EA I presume). Is this correct? Ijn your latest post above you said you will add new systems to your portfolio. What does it mean? Will you offer new EA method or use the same EA with new brokers?

Thank you

John


Dear John,

yes, We use different methods in instaforex and etoro. Recently we added a new system to our portfolio. It means we are going to manage some accounts(by selection of investors)with this new system.Because a lot of investors want to see the details statement and the uploaded statement in myfxbook not enough for them or want their accounts be manage in other broker or they can't open account in insta because they are in USA and ...., we decided that add this system to our recent portfolio for the investors that want more options.The system was tested for 17 months with live money and it is not an EA. We are not interested to put the statement for a public and the statement will be sent for a real investors who will looking for a transparent service .
If you are really interested to see the result and not out of curiosity please send and email to us or contact live support with skype.The statement will be sent to you.

Please feel free to contact us if you have more questions.

Regards

Fxpublisher Support Team

   drago posted:
   Hello,

I see very low trading activity so far this month. Could you explain? Thank you.

Regards


Dear Drago,

Yes, We had less activity because the market doesn't have a clear direction .we are a trading group and NOT a gambler team. The safty of your fund is very important to us and less profit is better to put your investment and your hard earned money in a risk.

There is No problem and just we are looking for safe point.

Regards
Fxpublisher trading department