PowerFlow EA - FinFx Diskussion

Hi guys
What is a safe way to run this EA on a one pair (AUDNZD) on 10k ENC account with 1:100 (maybe 1:300) with minimum 0.1 lot?

I am running it on demo 10k ENC 1:100 at the moment on 3 pais: AUDNZD, GBPUSD and USDCAD currently my start lots are as follow:
AUDNZD 0.5
GBPUSD 0.1
USDCAD 0.2


I been running demo since 11th November and I have a nice gain 15% but I am think that I am using to big start entry lots because if it goes in wrong direction might burn out the balance for example 2 days ago it open 4 positions :

Sell 0.50 AUDNZD
sell 0.50 AUDNZD
sell 0.60 AUDNZD
sell 0.96 AUDNZD

And at the moment my % margine level went down to 235% I belive it would need to go little bit more in wrong direction and the it would close it....

I am still in testing demo mode but I think I will run it on real account soon but I think I will only do AUDNZD.

Can you guys please explain if I have 10k ENC account with min 0.1 lot what would be my StartLots for AUDNZD to minimize chance to wipe the account.

PowerFlow-AUDNZD-1

Standard Account **** 0.05/10000USD 0.04/7500USD 0.02/5000USD 0.01/2500USD

Cent Account * 0.5/100000Cents 0.38/75000Cents 0.25/50000Cents 0.12/25000Cents

Micro Account ** 0.5/1000USD 0.38/750USD 0.25/500USD 0.12/250USD

Mini Account *** 0.5/10000USD 0.38/7500USD 0.25/5000USD 0.12/2500USD


Thank you.

Mat

Hello Mat, sorry that I didn't reply earlier but as there exist many PowerFlow discussion threads I miss sometimes a post. That we can assist you with the correct start lots, please contact us via e-mail.

Best Regards, Alexander

Just to understand why do you just run one currency pair in this account ? What is the minimum sum required to run each pair ?

Is IC Markets ECN account with USD1000 1:400 leverage account enough to run 3 pairs ?

Hello Charles,
on some accounts we use the EA on multiple currency pairs, on others we run the EA only on one pair. It's because clients like to see how the system performs with different setups.

If it is a standard account 1000USD will be not enough for 3 currency pairs. You would need to increase the start balance or use a mini, micro or cent account for trading.

Regards, Alexander

Our 'slow and steady' account continuous to grow. Actual net profit is 6.49% 😄

I think this accounts is a great example. Though we trade with minimal risk, the average monthly profit is +3.34%. About 50% p.a. 😄

We just found some unusual error messages in the trading journal of this account and decided to stop trading temporarily. Please note that the last AUDNZD order was closed manually.

Trading will be continued as soon we receive an answer from the FinFx support desk.

Happy Trading !

Alexander

Thumbs up for FinFx. They admitted that it was a problem on their side (usually brokers like to 'move' the guilt), and they are already working to solve the issue. 😄