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Votes: 0

ECN Alpha

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Apr 07, 2011 10:33 pm
#1
fxstat Admin

Posts: 448
Member since: 30/03/2010

Rate the broker you know! Brokers can reply to traders' reviews after properly identifying themselves.

FxStat, Power to traders www.FxStat.com

Mar 19, 2012 06:57 pm
Jogi User

Posts: 685
Member since: 06/06/2011

They r giving 2000usd live account as prize. But their conditions r really strict.[frown]

Start with 2000usd demo account
Trade at least 700 lots within 60 days (11.67 lots per day)[erm]
At least 60 percent profit with no more than 10 percent drawdown[dead]
Loss shouldnt be more than 25 pips per trade[sick]

After you have won prize (1/10000 chance[angry])

Trade at least 700 lots within 90 days (or account will be terminated)
overall loss shouldnt be more than 10 percent (or account will be terminated)
Profit can be withdrawn after 30th day.

 

So who is ready for this challenge?[devil]

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Mar 22, 2012 02:26 pm
Champ User

Posts: 711
Member since: 17/05/2011

Pretty clever use of emoticons.[grin]

Broker is offering very high reward but at very strict conditions. High profit requirement at very low drawdown. Moreover you need to trade very high number of lots.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Mar 24, 2012 07:29 am
Sasha User

Posts: 836
Member since: 16/05/2011

Originally posted by Jogi

They r giving 2000usd live account as prize. But their conditions r really strict.<img alt=" />

Start with 2000usd demo account
Trade at least 700 lots within 60 days (11.67 lots per day)<img alt=" />
At least 60 percent profit with no more than 10 percent drawdown<img alt=" />
Loss shouldnt be more than 25 pips per trade<img alt=" />

After you have won prize (1/10000 chance<img alt=" />)

Trade at least 700 lots within 90 days (or account will be terminated)
overall loss shouldnt be more than 10 percent (or account will be terminated)
Profit can be withdrawn after 30th day.

 

So who is ready for this challenge?<img alt=" />

 



Do u plan to try ? Conditions r strict but there is no cost of trying.

Mar 25, 2012 04:35 pm

Posts: 939
Member since: 21/04/2011

They provide trading signals... try their trading signals[grin]. I doubt that you will get required results but at least u can check how good r their signals.

Stick to your rules

Mar 29, 2012 04:14 pm
Champ User

Posts: 711
Member since: 17/05/2011

Originally posted by uniquetrader

They provide trading signals... try their trading signals<img alt=" />. I doubt that you will get required results but at least u can check how good r their signals.



That is a good idea. But I think their signals will not be for scalpers. One of the requirements of winning prize is to trade at least 700 lots which is most probably possible by scalping if we also take into account drawdow and maximum loss per trade restrictions.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Apr 02, 2012 03:52 pm
ironical User

Posts: 734
Member since: 22/04/2011

Originally posted by Jogi

They r giving 2000usd live account as prize. But their conditions r really strict.<img alt=" />

Start with 2000usd demo account
Trade at least 700 lots within 60 days (11.67 lots per day)<img alt=" />
At least 60 percent profit with no more than 10 percent drawdown<img alt=" />
Loss shouldnt be more than 25 pips per trade<img alt=" />

After you have won prize (1/10000 chance<img alt=" />)

Trade at least 700 lots within 90 days (or account will be terminated)
overall loss shouldnt be more than 10 percent (or account will be terminated)
Profit can be withdrawn after 30th day.

 

So who is ready for this challenge?<img alt=" />

 



 

wow big reward. But very strict conditions.

The good or ill of a man lies within his own will. – Epictetus

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