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Forex Contest ADS Securities

adssl
Jul 27 2016 at 09:33
78 posts
Sahib77 posted:
Please check GBPHUF chart where the biggest gain was done by 1st place contestant; there should be error or mistake , could not be open price 1.08700 and close price 374.55300. There were not such moving in EURHUF for the same period.


Dear Sahib77,

In the event of a manifest pricing error, ADS Securities London reserves the right to cancel, amend, or correct, any affected trades. Unfortunately there was an incorrect price on 22 July 2016 for GBPHUF and consequently we have invalidated any affected transactions.

Thank you,
ADS Securities London

adssl
Jul 27 2016 at 09:34
78 posts
gibb01 posted:
False quotes should not be taken in consideration


Dear gibb01,

In the event of a manifest pricing error, ADS Securities London reserves the right to cancel, amend, or correct, any affected trades. Unfortunately there was an incorrect price on 22 July 2016 for GBPHUF and consequently we have invalidated any affected transactions.

Thank you,
ADS Securities London

adssl
Jul 27 2016 at 09:51
78 posts
Globetrader posted:
Tried to go long GBPHUF at 27.005/27.036 but order was refused😭


Dear Globetrader,

Due to a pricing error that occurred on the GBPHUF symbol, your trade attempt could not be completed.

We have since addressed the pricing error, and you should now be able to place trades successfully.

We apologise for the inconvenience caused.

ADS Securities London

adssl
Jul 27 2016 at 09:51
78 posts
SamuraiFXTrader posted:
Why I cannot login into my MT4 platform using my contest login number? This is my Login: 200005871

Can anyone on ADS Securities check my issues?

Thank you!


Dear SamuraiFXTrader,

We suggest that you try to log in using an alternative server address detailed below (‘File’ -> ‘Login to Trade Account’):

mt4demo.ads-securities.co.uk:452

Should you continue to experience login problems, please email [email protected] with your account number, name, phone number and details of your issue.

Kind regards,

ADS Securities London

chricke
Jul 27 2016 at 09:59
12 posts
this seem to happen more often on GBPHUF - according to https://www.myfxbook.com/members/vyducmtcn/contest-vyducmtcn/1710965 this also happened today at 9:47.

imharoldaguila
Jul 27 2016 at 09:59
2 posts
In this contest, I my goal is just to double my demo account :)


Attachments:


The more you learn, the more you earn.
g0kuz
Jul 27 2016 at 10:29
8 posts
wish you could trade other commodities :(

g0kuz
Jul 27 2016 at 10:29
8 posts
g0kuz
Jul 27 2016 at 10:30
8 posts
imharoldaguila posted:
In this contest, I my goal is just to double my demo account :)



me too :) good luck

streptofx
Jul 27 2016 at 11:47
1 posts
imharoldaguila posted:
In this contest, I my goal is just to double my demo account :)



Me too, it's like running a marathon, I'm not competing to other than myself. If I get to double an account in a month, I'm as good as I want to be as a trader. This will reflect in my live trading in the future.

With great power comes greater responsability
Oscarmda
Jul 27 2016 at 12:11
2 posts
chricke posted:
this seem to happen more often on GBPHUF - according to https://www.myfxbook.com/members/vyducmtcn/contest-vyducmtcn/1710965 this also happened today at 9:47.


Its bern over 5hrs anf error trades not correctd on the above contest trades and he keep on trading with millios on his disposal. Making nrw gains. How will this be corected if all other gains a related to the huge error trade?? We need answers from ADS not some automated answer. Not impressed😲

JojoW
Jul 27 2016 at 14:02
94 posts
@myfxbook

You have bug in profit calculation. Wrong open or close price and then it comes to nonsense profit.
You can see it the history of the constest user: vyducmtcn

tag
27.07.2016 04:11 27.07.2016 09:47 GBPHUF Buy 20.00 - 64862.40 9.52900 373.54300 36401.4 2556107.56 5h 36m 47.67%
tag
27.07.2016 04:11 27.07.2016 09:47 GBPHUF Buy 20.00 - 64862.40 9.52900 373.53700 36400.8 2556065.43 5h 36m 91.09%
tag
27.07.2016 04:10 27.07.2016 09:47 GBPHUF Buy 20.00 - 65247.70 9.52900 373.53700 36400.8 2556065.43 5h 37m 1022.38%


adssl
Jul 27 2016 at 15:18
78 posts
Dear Traders,

Please be aware we have updated our Terms and Conditions applicable to this competition and draw your attention to new clauses 14 iv) and 14 v) relating to off-market trades. https://www.myfxbook.com/contests/forex-contest-ads-securities/37/rules

In the event that a trade is executed on a manifest pricing error (an obvious erroneous price which differs from the market price at such time) (“Off-Market Trade”), ADS Securities London reserves the right to cancel, amend, or correct, any such Off-Market Trades.

Whilst we are monitoring trading activity, we request that you please contact us immediately if you notice an Off-Market Trade on any account. If we are able to correct the issue before any additional trades have been placed, the competitor will most likely be able to continue participating in the competition.

In the event that any competitor trades on an account with funds obtained from an Off-Market Trade, the account will be disqualified. A new demo trading account for use in the competition, may be provided to the competitor, at the discretion of ADS Securities London.

Please note that in the Live Trading Environment, Section 30 of the Terms of Business governs the handling of Manifest Errors

Thank you,
ADS Securities London

adssl
Jul 27 2016 at 15:26
78 posts
Oscarmda posted:
chricke posted:
this seem to happen more often on GBPHUF - according to https://www.myfxbook.com/members/vyducmtcn/contest-vyducmtcn/1710965 this also happened today at 9:47.


Its bern over 5hrs anf error trades not correctd on the above contest trades and he keep on trading with millios on his disposal. Making nrw gains. How will this be corected if all other gains a related to the huge error trade?? We need answers from ADS not some automated answer. Not impressed😲


Dear Oscarmda,

Given the situation, we took the time to analyse the issue at hand thoroughly. The Contest Rules were amended to reflect clearly our policy on off-market trades and you can see the procedure we use to handle this type of activity explained in detail in our previous post.

Thank you,
ADS Securities London

adssl
Jul 27 2016 at 15:49
78 posts
chricke posted:
this seem to happen more often on GBPHUF - according to https://www.myfxbook.com/members/vyducmtcn/contest-vyducmtcn/1710965 this also happened today at 9:47.


Dear chricke,

Whilst manifest pricing errors are rare, we have taken the decision to set HUF and RUB crosses to close only for the remainder of this competition. The reason for us doing so, is that we want to ensure the competition is as fair as possible to all participants.

Thank you,
ADS Securities London

JojoW
Jul 28 2016 at 05:13
94 posts
@adssl I like your professional approach and fairness. Thanks.

JojoW
Jul 28 2016 at 05:22
94 posts
@adssl currently 1st user Contest - moldova75 might be cheating by using arbitrage EA. That means EA trades a fast broker against a slow broker. It's good visible on some trades taking only few seconds.

Adisakti
Jul 28 2016 at 05:24
10 posts
Arrow (dorian459)
Jul 28 2016 at 06:47
1 posts
JojoW posted:
@adssl currently 1st user Contest - moldova75 might be cheating by using arbitrage EA. That means EA trades a fast broker against a slow broker. It's good visible on some trades taking only few seconds.


ADS is not limited to trading systems. They allow scalping, arbitrage and news trading. I talked with support and they said that allowed any strategy.

adssl
Jul 28 2016 at 15:26
78 posts
JojoW posted:
@adssl currently 1st user Contest - moldova75 might be cheating by using arbitrage EA. That means EA trades a fast broker against a slow broker. It's good visible on some trades taking only few seconds.


Dear JojoW,

We are, for the purposes of this competition, monitoring the accounts of all contestants and may determine breaches, abuse or tapering in accordance with clauses 14 i) and 14 ii) of the Terms and Conditions.

Please note however, that in our live trading environment, ADS Securities London reserves the right to revoke any Transactions that are placed on the System through Abusive Trading Strategies.

We appreciate your message and wish you the best of luck with your trading.

Thank you,
ADS Securities London

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