FRWC - Fusion V - Alpari (Por stevetrade)

O usuário eliminou este sistema.

Discussão FRWC - Fusion V - Alpari

Feb 16, 2010 at 18:13
27,683 Visualizações
583 Replies
Membro Desde Mar 03, 2010   26 postagens
Mar 05, 2010 at 16:28
As noted previously I have multiple Fusions running. I couldn't understand why 2 accounts with different parameters were showing the same losses. One, I set to stop losses of 30, the other left to default. When I checked my parameters, what had been set at 30 was back at default!!!. Now I do shut down on weekends, maybe on start-up it reverts. I don't know, I have to check later. In any event, more than $600 in losses on the Volcano section. I closed the trades and disabled Volcano. Never liked Volcano. I'm up on LMD positions.

By the way, running a $1000 on FXCM at there parameters of .01 lots won't work on a demo. It will only go as low as .1, which is why I set it at $10K. On the other hand, Alpari does .01, buit a leverage of 100:1.

So this is what I have as of Fri 11am EST
4 fusion accounts
FXCM
My screwed up Fusion 30 (which was not at the set 30 stop loss)
9592 Bal 9755 Equity
Default
10685 Bal (that's good), 9224 Equity (bad mostly due to Volcano - a string of $400 losses on .1 lots)
Alpari 30 (on .01 lots)
Bal 9884 Eq 9894 (Damn. Just checked, same return to default stop losses - I still need to be sure it wasn't something I did)
Alpari Default
Bal 9953 Eq 9825
Fusion live - Stopped trading a couple of days ago at 570.26

HiRIder
B 10049 E 9305 (Currently $700 in losses at .1)

LMD
B 1100 E 1338 (Not bad) Had been positiioning at .01, recent up to .17
(FYI - I wasn't running for a week)






Membro Desde Feb 18, 2010   1 postagens
Mar 05, 2010 at 17:03
Do you guys really think that they will issue a refund??? Santa Claus is coming :)
Membro Desde Mar 04, 2010   50 postagens
Mar 05, 2010 at 17:16
It's too damn early to speculate about refunds.
Only thing you can do, if you bought this, is to
stay safe and protect yourself. And that is to
report your credit card/check card lost if you
opted for the two payment option. And then
run the demo to satisfy their current refund
policy. Now, if they don't honor the refund
then at least they can't charge you again.
And I think snide remarks from those who
didn't buy this needs to shut the hell up.
It is no joke when some vendor starts out
with the intention of not giving out refunds.
If they don't give out refunds, they are done
in many ways. And I am not going to let this
go quietly if they do not give out a damn refund
to anyone. Trust me on this one. And even if
you did one payment, I would report your card
lost anyway. Do you trust Plimus and Fusion
guys? Remember, we did have our cards processed
by them. Vendors also have control over the
merchant console. They can process another
charge whenever they feel like. All I can say now
is they had better honor a no questions asked
refund when the time comes. We'll know soon
enough when the first round of refund requests
start going in around March 16-17.
Dukascopy rules !!!
Membro Desde Mar 03, 2010   26 postagens
Mar 05, 2010 at 18:51
Fri 1:50pm EST
Just received an undeliverable bounce back from Wednesday due to a full mailbox. (Gee, I wonder why?) Never-the-less, resent and checked and it was attached to my current support ticket this time, so that was a temporary problem. Anyway pushing hard to get an absolute definitive statement about refunds. Will let you know what comes of it?
Membro Desde Feb 25, 2010   95 postagens
Mar 05, 2010 at 19:16 (editado há Mar 05, 2010 at 19:18)
msteve000 posted:
As noted previously I have multiple Fusions running. I couldn't understand why 2 accounts with different parameters were showing the same losses. One, I set to stop losses of 30, the other left to default. When I checked my parameters, what had been set at 30 was back at default!!!. Now I do shut down on weekends, maybe on start-up it reverts. I don't know, I have to check later. In any event, more than $600 in losses on the Volcano section. I closed the trades and disabled Volcano. Never liked Volcano. I'm up on LMD positions.

Thank you for posting your summary and observations.
From my experience, even if you force-close mt4 during system reboot or shutdown, if the EA is still on the chart, on relaunch, the settings will remain the same. One possibility is that you might have attached a saved template with the EA on the old settings? It's happened to me before where I assumed my latest template had the latest changes, and having the chart and EA running made me not check the settings.

msteve000 posted:
By the way, running a $1000 on FXCM at there parameters of .01 lots won't work on a demo. It will only go as low as .1, which is why I set it at $10K. On the other hand, Alpari does .01, buit a leverage of 100:1.

If you open a demo/live account through their introducing broker, it will allow for the 1:200 leverage, 0.01 lot minimum settings. It's instructed on one of the webpages of FRWC.

I do hope that those of you who request refunds, upon compliance of the agreed terms, do get it. Please kindly post if and when you do get it sometime in March.

In the meantime, I think it is in the best interest of FRWC to come up with some better settings for Fusion, and reprise their earlier recommended 0.01lot/$1k equity. I find myself working a little too much to set up the optimal settings and I feel this should not be the case. And yes, pc8multifx, even though I preach that we have to labour to build our own houses, I do see your point about the power drill working properly from the get go.
Membro Desde Mar 03, 2010   26 postagens
Mar 05, 2010 at 20:18
FXCM IS their recommended broker. It won't go to .01 on a demo.
Membro Desde Mar 04, 2010   50 postagens
Mar 05, 2010 at 20:22 (editado há Mar 05, 2010 at 20:28)
You have to use their IB version of FXCM.
That has .01 lot sizing.
But I am sure they won't tell us that we
can't get a refund because we did not
use their competition IB FXCM platform.
Right? I won't put it past them.
exceptionalfx.com.

Regular FXCM STP only offers .1 on
demo and live for under $10,000
accounts.

And again sorry, but none of us has
any clue what the agreed upon terms
of refund is despite what it clearly
states on their sales page. Unless we
get a refund, we won't have a clue.
Just look at the ton of conflicting crap
we have gotten so far. Compliance?
Please...

Dukascopy rules !!!
Membro Desde Mar 03, 2010   26 postagens
Mar 05, 2010 at 21:22
ARE YOU F**** KIDDING ME !!!!!!!!!!!!!!!

I mentioned to Customer Serivice several days ago that FXCM wouldn't give me .01. and he was just surprised. I even contacted FXCM and they said they didn't have .01 on practice account. AT NO TIME was this URL given to me that you just gave.

I went to it and it reads:

Please complete the following registration form to download your copy of the FRWC "competition version" of MetaTrader 4 from FXCM UK and Boston Technologies.


* I M P O R T A N T *

Please take note of the special Account Number and Password you will see after submitting your details - you *must* use those details when logging into MetaTrader in order to activate the competition parameters:

Demo account configuaration is the same as on FRWC competition:
$1,000 demo account, 200:1 leverage, micro (0.01) lots = $0.10/pip


------------------
WOW! Unbelieveable.
OK, So now I am set up with 2 NEW separate $1000 accounts, 200:1 leverage, .01 lots on HiRider and Fusion at default settings. We'll see how this goes.

BTW - Just before I set this up, I had just created another 2 as above with forex.com
Membro Desde Mar 04, 2010   50 postagens
Mar 05, 2010 at 21:30
Uh, how come these Fusion experts don't even know
their sponsor's platform? Huh? FXCM STP does not
offer .01 to anyone UNLESS you have over $10,000
in equity in a live account and you specifically request
it in writing to them. Then and only then do you get
.01 lot sizing. They better honor the refund requests.
That's all I have to say. And why they are pushing
FXCM as an IB is another really weird thing. And why
FAP Turbo's Steve's account showed up on their
page is also puzzling. In short, I don't have a clue
what they are doing. Why they chose Plimus is
another strange thing. I think it's probably because
Plimus is known for not giving out refunds unless
vendor gives it out. Whereas ClickBank automatically
overrides the vendor and gives out refunds promptly.
I guess crooked people do stick together.
Dukascopy rules !!!
Membro Desde Mar 03, 2010   26 postagens
Mar 05, 2010 at 21:56
Follow-Up on brokers. Just re-read the Fusion PDF. It makes reference to any Broker as long as it has .01 lots and is +/- 2 hours of GMT. And that LMD is best +/- 1
Membro Desde Mar 04, 2010   50 postagens
Mar 06, 2010 at 01:13
I now simply do not trust them.
My friends and I buy things if we
feel that there is a chance of a
refund. Now, we are not so sure.
And to those of you still defending
these Fusion clowns. This is a
consumer to merchant product
issue. The burden is not on the
consumer to prove to vendor that
the product will work by us constantly
fiddling with it and fixing it when it
breaks down. If it clearly is broken
down or just sucks as we see it, then
we have the right to get a refund.
Rather than having to prove to them that
we used the drill or hammer for full 30
days to make sure that it indeed sucks.
And then proving that we used it by
posting a YouTube video to the customer
support so that we can get a refund.
Nobody knows what the refund policy
is OK? We don't. We are all assuming and
hoping that what is written on their sales
page is indeed their refund policy. Compliance
and agreed terms? Are you kidding? We
don't know what those terms are yet.
It does not take 30 days to determine
what sucks and what doesn't. This
Fusion clearly sucks, their support sucks,
their knowledge sucks, and their refund
tactics so far sucks. Who knows what
else they will pull? I hope nothing else
more sneaky. Ya, for whatever reason
and no questions asked refund eh?
We'll believe it when we see it. It is a
good thing however so that we can tell
others to stay away from Fusion clowns.
Some truly honest "review" sites not run
by affiliates and IBs are needed. Really.
Dukascopy rules !!!
Membro Desde Mar 04, 2010   50 postagens
Mar 06, 2010 at 17:10 (editado há Mar 06, 2010 at 17:13)
Man... we got a huge laugh out this page.
Their new sales page...

http://www.forex-robot-world-cup.com/

Again, before defending them, can you
guarantee that they are not up to
something sneaky???

Ya, we called it... "limited time" future door
opening to sell their EAs. Typical... and
predictable. They had better issue
refunds to people !!!
Dukascopy rules !!!
Membro Desde Dec 28, 2009   54 postagens
Mar 07, 2010 at 08:45
jon u r right, i think they will be in serious trouble if no refund... i ve done already all the necessary, so they can s*** my balls with plimus together (about card charging...)

now, another point that people forgot to mention here: what the hell FXCM is still in f*** mute mode???!
ithese 'clowns' are using their name for the competition, are using their name for stealing money from people (i will appologize in public if they DO refund)?

there r 2 explanations:
1) FXCM are associated with this crap people (and fap turbo in same wagon)
2) FXCM is too lazy to do anything (u know like 3 monkeys...)

since most of people jumped in because of FXCM's 'fake' parnership (so do I ) ...
i think they shld
a)go to justice and attack frwc for using their name without agreement;
b) apologize in front of us and refund us ;
c) open us a bonus live acc.

now about testing, i hope you test lmd also coz it wont blow in 30days like fusion (i m keeping all systems except volcano, which i stop testing from today since it is so stupid and boring)

btw, before i purchase this s*** i was asking to speak with the conceptor of lmd.. they said like he dont want to be contacted by anyone...strange reaction (how he hell i couldnt figure it was a set up...coz of this f*** FXCM)

SO to sum up, if FXCM dont find the solution they will prove to all that they are pure crap thieves...
Membro Desde Dec 28, 2009   54 postagens
Mar 07, 2010 at 08:58
and to add more i dunno if I shld ask some people to make some investigation about this 'Drazen Ziskovic' from Croatia... ?? lol i think they wld be very happy to check if he really got his prize.. 100,000 lol did you see in the video ? he got like 8$ and then 100,000$ in the statement.. anyway lets all wait march 16....

in the worst case we cld use hirider anyway (its the only decent robot...)
Membro Desde Dec 28, 2009   54 postagens
Mar 07, 2010 at 09:46
now after googling around for a while:

1) Drazen Ziskovic -LMD- not found anywhere... maybe it's ZiVkovic but couldnt find him on facebook or other directory... in the video we cant see clearly the name of the city : i think it's Senkovec, CROATIA.. (it's written on the sheet of paper)

2) Leslee Vernon GOUWS (and not gRouws like they say...) -HiRider found on facebook...

3) Manolito Gulla - SuperVolcano found on facebook

4) Ignacio Vasquez Bernal - VREM2 not found anywhere

5) Roman Movchan - NutCraker- found but not him...or i dunno maybe the guy from quest software?
Membro Desde Mar 04, 2010   50 postagens
Mar 07, 2010 at 11:22 (editado há Mar 07, 2010 at 11:31)
You would think that if you gave out your
hard earned money away in a contest, you
would make a bigger deal out of it as well
as using those people more for advertising
your products... not hide them. I think
more likely is that $100,000 was never
given out. Other smaller prizes are
easier to hand out. LMD is worth $100,000?
It isn't even worth $100. And why are you
using a cheap payment processor Plimus
when you have so much money? All I
can say is, they are better give out refunds
to people.

On another fishy note... even they state
that there were many competitors. Probably
lot more than they are stating. And they all
had to open an account through their IB
platform so these guys made money during
the competition off of these guys running
$1,000 accounts. This leads me to also
believe that the competition wasn't so
stringent and clearly it was run questionably
since all of the competitors were not forced
to run same trading conditions. HiRider was
doing .02 - .03 small trades while LMD was
allowed to be on money management. HiRider
would have won had it just been doing even .1
lot sizing. Volcano would have beaten LMD as well.
So it looks like LMD was hand-picked by these guy
to win. Or maybe they ran several different
accounts using LMD and picked the best to show
as a winner. If they are such experts, they could
easily see that had all EAs traded .1 lot size equally
during this questionable competitions, HiRider would
have been first place and Volcano would have come
in second. LMD distant third. So this is making me
laugh out loud. But again, we need to inform people
to stay away from Fusion. Something clearly stinks here.
Dukascopy rules !!!
Membro Desde Dec 28, 2009   54 postagens
Mar 07, 2010 at 12:19
http://www.myfxbook.com/members/irbis/fusionvdemobis3k/19845

again blown LOL in 3-4 days :)

ok clearpaper have any questions?
Membro Desde Mar 04, 2010   50 postagens
Mar 07, 2010 at 12:26

And the support should have said, "30 total days of trading"
not continuous 30 days trading on one account. But that
is what they said right? If you blow your account in 15 days,
it is another 30 days right? That is ridiculous. Again proving
that we have no clue what their refund policy is. It should
just be 30 days even if it consists of 30 blow account days
using 30 accounts. That's why we said to get a ridiculously
huge demo account like $10,000,000 and do .01 Lot trades.
Still no guarantee that a refund would come to people
but at least they can't say, "oh, you blew your account,
you had to get 30 continuous trades using one account"
nonsense.
Dukascopy rules !!!
Membro Desde Dec 28, 2009   54 postagens
Mar 07, 2010 at 14:25
look manolito replied through facebook:

'Yes (me), I received my prize promptly, in fact I already spent it. I hope the FRWC will give out bigger prizes in their next tournament because creating robots is not an easy job and I would like to be compensated more for my efforts. If you would like to know if FRWC is real, just try out this champion EA called LMD and you will see how good it is."


LOL
Membro Desde Dec 28, 2009   54 postagens
Mar 07, 2010 at 20:42
i got an email from FXCM..to be short they say they are sponsors (!) this year, but this is (maybe) last year... so good news about refund?! wait n see
Entrar / Cadastrar-se to comment
You must be connected to Myfxbook in order to leave a comment
*Não serão tolerados uso comercial ou spam. O não cumprimento desta regra poderá resultar na exclusão da conta.
Dica: Ao adicionar uma URL de imagem/youtube, você estará automaticamente incorporando-a à sua postagem!
Dica: Digite o símbolo @ para que o nome de um usuário que participe desta discussão seja completado automaticamente.