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Same automated system-pair but different results from different brokers -
04-01-2009, 05:08 PM
I believe all of the brokers listed below are using Tradency. I am interested in WealthBuildersFX-Striker, EURUSD. HOWEVER, when I look up performance via each of the 4 broker's "Performance" page, FXDD had very positive results, but all 3 of the others had the exact same BAD results.
1) FXDD auto: 12-month= +3,058 pips, max dd= -647
2) FX-Auto: 12 month= -2,522 pips, max dd= -2,317
3) FXCM-Auto: 12 month= -2,522 pips, max dd= -2,317
4) ProSignal-Auto: 12 month= -2,522 pips, max dd= -2,317
I see the same problem when I look at any time frame (last 6 months, 3 months, etc.).
SO, if the signal provider is the same, WHY ARE THE RESULTS SO DIFFERENT? Makes me wonder if the numbers from FXDD are completely FALSE. What could be the reason(s) for the extreme difference? THANKS!
There will usually be some differences between brokers, but these do seem extreme.
Normal variations would occur due to differences in spread and slippage. Also, not all brokers close the trading week at the same time or open it at the same time.