Discusión sPhantom Auto Trader

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 😄

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)

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).

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 :)

10 Pips today happy for hitting tp again .. thanks SPhantom ;)

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.

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.

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! 😎

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.

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!

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.

I agree don't break whats not broken :)

you know what though, I think it would be great to let sPhantom spot the signals but let the users have the option of managing the TP, SL and (in my case) the TS.

willgart posted:
I agree don't break whats not broken :)

Second that!

Oh well. Another transaction at 8.1pips with XM.com

I will confirm my switch next week to HotForex.
Anyone has tried them?

ProActiveT posted:
Oh well. Another transaction at 8.1pips with XM.com

I will confirm my switch next week to HotForex.
Anyone has tried them?

8.3 for me.. IBFX

UncleSteve posted:
you know what though, I think it would be great to let sPhantom spot the signals but let the users have the option of managing the TP, SL and (in my case) the TS.

You can. Turn off the automation while you manage your trade. When done, turn it back on.

Let us know how that works out for ya.

Michigander posted:

UncleSteve posted:
you know what though, I think it would be great to let sPhantom spot the signals but let the users have the option of managing the TP, SL and (in my case) the TS.

Turn off the automation while you manage your trade. .

Help a dumb new guy... how does one 'turn off the automation'?

Help a dumb new guy... how does one 'turn off the automation'?

well... stop the EA... but you will increase the risk!!!

last week sphantom close the trades in break even, which was a good decision, if you stop the EA you will not receive these safe close signals... and you can be in big trouble!!!