Discussion of the Forex Contest Squared Financial 2014 Forex Contest

now, PrimeXM-DemoUK is down. :/

Here is attachment from binzhi1818, he sold gold from last week and got margin called yesterday at 1315 . His last position #4 on friday. My last positiion #2 before this abnormal price, so it really make me disapointed 😞 And the broker / admin did'nt respond this issue

there is a trick to do 100% successful trades with this bugs. I think the contest does not really make sense int this conditions.

This is not a fair contest!!
I had a balance of 84K when getting a margin call on Friday 22nd. My understanding is that the highest -ve trades trades ought to be closed.This would have made my balance be around 43K-50K. In my case, Squared Financial deducted the negative profit and consolidated all the positions at a lower open price. Waking up on Monday, I could not even place a hedging position for a further downside for a short distance before it hit a 2nd margin call and before the prices shot up in my direction!! Rather than they reduce me to zero. I closed the trades with double the loss. Balance closed at near 16K. Even if I am new to forex, I have never experienced this absurdity with other demo brokers!!!

Hi,
Why don´t we have any response of the administrator of what happened with the Xau/Usd beginning this week. Strange also the first classified haven`t realized other order since then. Sure he is not part of the broker`s staff and make sure the Price keeps in their account?

Definitively the worst contest I`ve participated...

The saddest thing about all that is that a website as MyFxBook give a space at such a brokers.

Sincerally

Nordic

Why is no one held accountable???
:|

bad luckkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk

haha! very poor broker!

Why the slippage not working ? In my EA. slippage is set to 3.

But the Gold spread more than 3 pip my EA still open trade.

Is it mean the Broker can manipulate the Slippage control of OrderSend() function ?

I need write an external detect of spread to avoid this?

Yeah, not cool at all.

https://www.myfxbook.com/members/zhilil/contest-zhilil/977065
https://www.myfxbook.com/members/zhi007/contest-zhi007/982769

One of the above accounts was ranked 3rd - both accounts were disqualified as we've identified it is the same trader.

@Ethan
Please let me know about Squared disqualified !!!! and show us some explanation about last week #$#% situation!!!

The contest has ended, but how is Skalavox (currently 3rd), Junaidi (currently 4th) and Omoo (currently 5th) still making trades in the past 5 days (since September 1) and moving up the rankings. They're cheating and trading after the contest has finished.

hi
Next match what time start?

pipmasta posted:
The contest has ended, but how is Skalavox (currently 3rd), Junaidi (currently 4th) and Omoo (currently 5th) still making trades in the past 5 days (since September 1) and moving up the rankings. They're cheating and trading after the contest has finished.

haha, not same GMT i guess ^^