After starting a demo account and running it for 3 months I emailed the company in question to find out how the live and demo accounts differ. Their answer was "both are the same". I opened a live account but to my horror found just the opposite was true. On entering a transaction a few seconds later the price would drop between 12-20 pips against me. First of all I could not select lower than 1.0 lot transactions? I merely lost my account after 8 transactions and two evenings later. I emailed them about the lotsizes and then afterwards it all magically came right? On comparing it against my other live account the price was dropping while my other broker's price would be stable? Forex is already very risky without these 'extra' price spikes. The fact is live accounts do differ to some degree because of several market factors, but nothing like this.
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