Misrepresentation of micro account

Well, never really thought about this until it was brought to my attention.

I have open an micro account with fxopen which is represented in cent. But my fxbook portfolio is representing it in dollars.

This does and is construed as a misrepresentation... It will not stop someone from opening a micro account, and indirectly inflate it as a $$ account.

I could easily say that I am trading a $100,000 account when i am only trading a $1k account...

Have a look see...

https://www.myfxbook.com/members/bestforexea/my-lovely-megan/10132

I am actually only trading $1k but it's showing as a $100k account. No doubt one of the vital information is the % return rather than the net return.

But in the forex world... everything can happen...

Casey, thank you for bringing this to our attention.

This is indeed a serious issue which we have over looked.

We'll be investigating further to find a solution to this issue.

Thanks again! 😄

I see also a lot of supersmall acc. where are full lots traded there... that's just not possible... i think there is a heavy decimal issue

i.e. https://www.myfxbook.com/members/anki37/bts-bedjo-trading-system/11011

pc8multifx, this is actually not an issue.

It might seem in the chart that the trader traded 6 lots with a $500 balance (which is not likely), but remember that what you see in the chart is the daily totals - so it can be for example 6 trades with 1 lot each (use the history to see the exact break down).

no, that's not what i was referring to.. plz go to trade history of the above mentioned example and u will see what i was talking about. These shown full lots there cant be in reality. U cant get a single full lot with this acc. size. So, if these break down is wrong is than the given daily total wrong too?
Anyway, one of the two lot size infos is not correct.