To use chat, please login.
Back to contacts

Leo Trader Pro (By Raymond )

The user has deleted this system.

Leo Trader Pro Discussion

pc8multifx (pc8multifx)
Dec 13 2010 at 17:18
879 posts
How it comes you trade Leo Trader Pro since months, though it will be released on 16th December????????????


EDIT: OK, got it, you track it only

Sorry

Raymond (rayong1)
Dec 13 2010 at 17:38
126 posts
Yep, this is not my account. I'm using the login details from them and putting the results here to see the stats. But I'd be interested to hear what everyone thinks about this EA.

So far if this is real and everything about it so far seems real and more importantly verifiable we might have the first real EA that puts the proof on the table.

I even contacted FinFX to find out if they are fully owned Finnish brokerage with no US interest. My suspicion was that someone doctored the results from within but they said they only have US customers, no US ownership. After that Leo Trader site came up with a recorded statement from FinFX CEO saying that the results of this account are real. Included signed a letter to verify.

So if anyone has detected any BS with this company or EA please share.

Dar Verer (mistificator)
Dec 13 2010 at 17:44
453 posts

rayong1 posted:
So if anyone has detected any BS with this company or EA please share.


Hi, I did small due diligence on Fin FX and chatted with support, all seems genuine and real.

Here is info from Finnish Trade Register, this is a government web site:

https://virre.prh.fi/portal/dt?dt.isPortletRequest=true&dt.actiprocess&dt.provider=PortletWindowProcessChannel&dt.windowProvider.targetPortletChannel=companySearch&dt.ccontent&dt.windowProvider.currentChannelMode=VIEW&dt.window.portletActiACTION&companyId=-2009826640&_flowExecuti_c004A428E-D9BB-DA8D-504C-2C8EDB6A7F52_k1EEF6C2F-0CBE-87DE-804F-62DAC4795DD4&_eventId=browse

Basic details of the company
  Start date
Name: FinFx Trading Oy 04.01.2010
Business ID: 2306687-0
Registered office: Imatra 04.01.2010
Company type: Limited company 04.01.2010
Language of company: Finnish
Date and time of registration: 04.01.2010
Last date and time of registration: 04.01.2010 04.01.2010
Company information recorded as of: 04.01.2010
Status of company: In the register 04.01.2010
Contact details: 07.06.2010 History
Postal address:
Tainionkoskentie 68 55120 IMATRA Finland
Street address:
Tainionkoskentie 68 55120 IMATRA Finland
Telephone:
0102810100
Email:
info@finfx.fi
Website:
https://www.finfx.fi

Was mich nicht umbringt, macht mich stärker.
pc8multifx (pc8multifx)
Dec 13 2010 at 17:53
879 posts

rayong1 posted:
    Yep, this is not my account. I'm using the login details from them and putting the results here to see the stats. But I'd be interested to hear what everyone thinks about this EA.

So far if this is real and everything about it so far seems real and more importantly verifiable we might have the first real EA that puts the proof on the table.

I even contacted FinFX to find out if they are fully owned Finnish brokerage with no US interest. My suspicion was that someone doctored the results from within but they said they only have US customers, no US ownership. After that Leo Trader site came up with a recorded statement from FinFX CEO saying that the results of this account are real. Included signed a letter to verify.

So if anyone has detected any BS with this company or EA please share.



There are people which digged a bit deeper and they think its a collaboration- hoax between this broker and the EA vendor..

🙄 as always, time will tell..

jayman
Dec 13 2010 at 18:16
2 posts

pc8multifx posted:
    
There are people which digged a bit deeper and they think its a collaboration- hoax between this broker and the EA vendor..

🙄 as always, time will tell..


The clue that I saw mentioned is the account open amount $500 USD and the trades have a commission. If you visit the FinFX site they do not offer an account that can be opened for $500 USD and is commission instead of fixed spread. I thought that maybe the statement was in Euros, but it does show the account currency as USD.

Raymond (rayong1)
Dec 13 2010 at 18:17
126 posts
That's what I thought also. Otherwise how would the EA vendor be able to get the CEO of FinFX to make a statement and back it up in black and white.

They seem a bit too close.

Raymond (rayong1)
Dec 13 2010 at 18:21
126 posts

jayman posted:
    
pc8multifx posted:
    
There are people which digged a bit deeper and they think its a collaboration- hoax between this broker and the EA vendor..

🙄 as always, time will tell..


The clue that I saw mentioned is the account open amount $500 USD and the trades have a commission. If you visit the FinFX site they do not offer an account that can be opened for $500 USD and is commission instead of fixed spread. I thought that maybe the statement was in Euros, but it does show the account currency as USD.


Maybe, if you notice the charts say EURUSDmam. MAM stands for multi account management. You can have many accounts group together as one big account. The big account may have ECN so all the sub accounts also end up paying commissions...maybe.

I have an account under FX Primus which is under a MAM. One EA sends trades to the MAM and all the accounts get the trade executed and lots allocated according to the share of the account your account balance is. This way EA vendor only needs to run one instance of MT4 instead of one for every account and end up with trades all over the place.

jayman
Dec 13 2010 at 20:35
2 posts

pc8multifx posted:
    https://indo-investasi.com/showthread.php/10568-Leo-Trader-Pro/page3

post# 25


I have been watching that thread too 😉


Raymond (rayong1)
Dec 14 2010 at 04:05
126 posts
Just noticed something. The lot sizes started fairly conservative then they got bigger in sept, even bigger in Oct and last week they are back down to conservative again.

Think they were upping the lot sizes to show the appreciation the EA could produce. After they made their numbers they turned it back down.

Please login to comment .