Posts by udrv
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the Multitrade systems work fine and are profitable, but withdrawal options are TOTALLY terrible with this broker:
You can only use wire transfer which costs $40 + receiving bank fees and takes 3 days to process. On top of that you have to fill out a form, print it and send it to them!
The other way is to use a credit card which costs $16 to set up and has monthly maintenance fees.
I have questioned this broker repeated times about other withdrawal options, and they kept promising to add other ones, but so far nothing has happened. [evil]
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I've experienced frequent logouts while positions were open with Pepperstone; also the data feed was frozen. I've spoken to a manager and he said that trading volume has supposedly exploded more than 10-fold over the past 3 months. They are installing new servers and are connecting to Equinix on Dec 19th. Then everything is supposedly better.
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Introduced Pipstrider with GBPUSD and AUDNZD currency pairs on 6 Oct 2011; standard settings, but maximum drawdown limited to 15% on each currency pair. Pipstrider had been running highly successful in a demo account for 6 weeks.
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After a long series of unsuccessful trades, I have removed MillionDollarPips from the account. MDP was running fine on a demo account, but never really successful in the real one - even though it's running in a true ECN account, also with very short ping times.
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