Re: JadeFX
So,
I got a review for you guys, for those who are interested.
I opened a live account 1 week ago. At the same time I opened a demo account. I opened both with the same money and put the same eas (shoker and bling) with medium risk settings.
I asked them about their server, which is in New York, so of the two VPS i'm paying for, i set the live account on Philadelphia, right next to New York, and the demo in Ireland. The Ireland one didn't get much worse lag, about 150ms in total.
Anyway, the week has passed, i've had nice trades and here are the round results:
Demo is up 20% and the live one is up 10%.
What does this means?
I got slightly more trades on the demo, not too much significant, but from the time that I observed both the accounts simultaneously, I can promess that the spreads were exactly the same. So what's the problem?
Here it is:
Offquotes - I got a bit scared when I noticed a couple times when the demo had closed its trade and the live didn't and couldn't. On the experts tab it said error 136 (i think). I researched and that means offquote.
That sucks. So I added slippage to the EAs and I will see how it goes, but some of the less good results might have been because of the supposed STP that is not processing my order "instantaneously" and you don't get those problems on demo of course.
I also noticed that the same trade usually enters a pip or more worse on the trade. This might be coincidence because of slightly different enter time in the trade, I've had the opposite happening but only a couple times. I will see how it goes.
Now, my biggest worry came today while I was watching the trades when the server just froze. And that was not the vps server or only my account. It was on both vps, both demo and live. My other brokers were good. It lasted about 5 minutes, with 3 trades opened. Luckily nothing bad happened to my trades but just be warned with that.
I won't close my account because of that but I will be careful and will be sending them an email asking about that.
I will see how it goes. Enjoy.