To use chat, please login.
Back to contacts

sPhantom Auto Trader (By sPhantom)

Gain : +694.0%
Drawdown 91.94%
Pips: 1266.4
Trades 261
Won:
Lost:
Type: Real
Leverage: 1:400
Trading: Automated

sPhantom Auto Trader Discussion

NikX (NikX)
Jan 22 2014 at 09:59
161 posts
alx0101 posted:
Floating spread, starting from 0.0.

I have spread floating between 0.1 and 0.4 right now on EUR/USD. They have a trade commision, very small 0.20 cents for a 0.06 lot trade (the most recent one).

------------ ending brag section -------------- :)

Have a good day 😄


Fantastic!! thats the info we need!! Im liking the low spread. IBFX was at 2 pips when the trade closed, Think forex was at 1.2 and would have hit TP (my trade was closed with Sphantom)

alx0101
Jan 22 2014 at 10:50
14 posts
It does not allow US customers. They recently opened an EU Regulated clone.

Last 4 trades generated by sPhantom, closed at TP, 10 PIPS (see screenshot).

https://www.roboforex.com/trade-conditions/ecn/ - new zeeland one, regulated by some new zeeland entity.

https://www.robofx.com/trade-conditions/account-types/ - eu clone, but the original has slightly better conditions (no minimum deposit for ECN account).

https://www.robofx.com/about/regulation/ - about regulation.

On September 12th, 2013, RoboForex (CY) Ltd, affiliated with RoboForex Group, activated license 191/13 of the Cyprus Securities and Exchange Commission (CySEC).

Attachments:


alx0101
Jan 22 2014 at 11:41
14 posts
Free VPS for $300 balance and up. https://www.roboforex.com/operations/forex-vps/

Guys, I'm not an advertiser, honestly :) I'm just trying to help people out :)


meroo_basha (meroo_basha)
Jan 22 2014 at 11:41
11 posts
10 Pips today happy for hitting tp again .. thanks SPhantom ;)

willgart
Jan 22 2014 at 11:45
588 posts
here too, exactly 10pips. which mean that the trade was closed by its local TP and not from the sPhantom close signal.
does this mean that the EA on the sPhantom side close the trade later??? or we have been lucky and our trades were in better position than the sPhantom signal one.

Michigander (Michigander)
Jan 22 2014 at 13:04
321 posts
Do your due diligence on brokers. How do you think a broker can afford to offer a spread of .01 pips? Because they take the other side of your trade. The fee for the Straight thru Processors (STP) and Electronic Communication Networks (ECN) is the spread. They don't care if you win or lose. They get the spread. On the other hand, bucket shops, as they are affectionately called take the other side of your trade, so when you're REALLY successful, you take money out of their pocket and they don't like that. Accusations of cheating, or arbitrage, or some other nonsense will abound. Some just go under and you're left holding the bag. I think the most frequent vote on Forex Peace Army relates to clients not being able to get their money out of these bucket shops.

Spread is one part of the broker selection process but it is not the only one. Don't react in haste and repent in leisure.

War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
msthet
Jan 22 2014 at 16:16
8 posts
Well, I have bought sPhantom some weeks ago. I am very happy with it. Plus I use CNS as my VPS, a very stable one too! Thanks for your work, keep it up Pantoms! 😎

Darren2013T (Darren2013T)
Jan 22 2014 at 16:52
80 posts
Actually the price (Bid and ask) for every broker is not exactly the same, as you can open up few broker and compare the LIVE price. They are slightly different due to spread and speed. So some of us might not have the same result. I have asked sphantom to close the price slightly more a few pips, so our close price would have slightly better gain.

NikX (NikX)
Jan 22 2014 at 20:17
161 posts
alx0101 posted:
Free VPS for $300 balance and up. https://www.roboforex.com/operations/forex-vps/

Guys, I'm not an advertiser, honestly :) I'm just trying to help people out :)



I'm in New Zealand, I'll give these guys a call and see what they have to say, the commission is worth it if it closes out trade faster with more pips!

ovisun
Jan 22 2014 at 22:03
427 posts
Darren2013T posted:
Actually the price (Bid and ask) for every broker is not exactly the same, as you can open up few broker and compare the LIVE price. They are slightly different due to spread and speed. So some of us might not have the same result. I have asked sphantom to close the price slightly more a few pips, so our close price would have slightly better gain.


And I ask now, here, sphantom to not change something which is working. If Darren likes more money, he can increase the risk for himself, not to increase the risk for everybody by changing the EA.

Regards.

Please login to comment .