Far East Man
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One more note. If you demo traded Fusion for 1 month, it's 20 trading days because you don't trade on Saturday and Sunday. So eventually you will never be able to get 30 trading days on FXCM demo. Be aware guys.
Please try to select the correct prefix when making a new thread in this folder.
Discuss is for general discussions of a financial company or issues related to companies.
Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"
Compare is for things like "Which of these 2 (or more) companies is best?"
Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"
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Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.
More info coming soon.
If you want to get a refund from FRWC, you need a statement of 30 days trading, but be aware. If you demo traded on their recommended FXCM demo account, it expires in 30 days. Get a demo statement from Alpari that never expires unless there's no activity in 30 days because we don't want stupid conflict against them regarding if the statement covers 30 days or slightly less.
Today I went to their website and found there is a new section under EA Lab. It seems that they are trying to optimize settings to improve results. In my opinion, if they are a mere theft, they wouldn't do such optimization.
Their statements below were actually laughable.
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In our opinion, it is far safer to turn off the automatic Money Management feature and set a fixed lot size of 0.01 per $1,000 of available equity.
Unfortunately, most new traders don't understand the risks associated with Forex trading.
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It was them that have initially shown us such exaggerated results by doing such "most new traders' lot setting" as exactly described in the above statements, and made us believe like it was a trustworthy results. So I would say "Unfortunately, FRWC didn't understand the risks associated with Forex trading when showing their prospects."
But anyway, I would like to stand on the constructive side and wait a little more to see what they can offer before I insist a refund. They probably won't make us rich overnight, but if they can make it a little better and give some realistic and sustainable prospects, then I think it still is a good deal. I'm not sure if I'm too optimistic or not, but we'll see.