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Author Topic: FXDiverse  (Read 636 times)

Offline donnaforex

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FXDiverse
« on: February 23, 2017, 01:32:03 PM »
This one has been around for a little while.

FXDiverse - Website

I'm setting up a test account for this at the moment, awaiting on seller to activate. They have some interesting stats on their myfxbook... HERE

If anyone has experience of this one, please share your experiences. I'll update the topic when i get stats setup.
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Online reinerh

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Re: FXDiverse
« Reply #1 on: February 23, 2017, 02:16:35 PM »

yes very interesting stats.

but all cent accounts they show, and they are big time misleading = not correctly simulating a standard account.

none or less its pip positive even so its a grid with a certain marti element.

no backtest that i could find.

wish they would post a real account,  and not this cent crapp.
new myfxbook home see below, accounts added soon.

they all will be fully verified.............

https://www.myfxbook.com/members/forexfidelitas

Offline donnaforex

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Re: FXDiverse
« Reply #2 on: February 23, 2017, 02:37:34 PM »
Well... i opened a standard account for this one before discovering that they recommend a minimum of $3600 to trade at 0.01 lots (they do also say that it can be done with $1200 but that you risking 100%). Not a problem later on if it works out but for testing purposes it's not do-able. I have opened a cent account and re-requested a copy for that account.
« Last Edit: February 23, 2017, 02:40:41 PM by donnaforex »
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Online reinerh

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Re: FXDiverse
« Reply #3 on: February 23, 2017, 03:20:14 PM »
donna,

the $3600 number makes sense to me going by feel.

but my gripe is that cent accounts skew the results biggggggggg time and here is why...........

i recently fell for a bot called tokyo which they run on cents. when i did a standard account test, first fact it crashed and burned. and testing the period they ran forward my pip results were like a factor of 100 less.

very weird that on cent accounts not even the pip count is showing accurate.

once you get it going you could run a standard account simultaneously and see for yourself.

new myfxbook home see below, accounts added soon.

they all will be fully verified.............

https://www.myfxbook.com/members/forexfidelitas

Offline donnaforex

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Re: FXDiverse
« Reply #4 on: February 23, 2017, 04:12:13 PM »
I have only recently ventured into cent accounts myself, never before signed up for one until the past couple of weeks. I noticed they are run very differently from broker to broker. For instance, i opened an account with XM and put 50GBP in it and it shows as 50GBP on the platform but trades at 1/100th of the actual size for crediting profits and losses. I opened a different cent account at Roboforex and deposited 40USD and got what looked like a standard account but with 4000USD showing in the balance. Out of both of these, the Roboforex one makes more sense to me and was what i was expecting... but i MUCH prefer my standard accounts! In my opinion, these cent accounts make things complicated and confusing,or maybe i'm just set in my ways from many years of using 'normal' accounts.
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Online reinerh

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Re: FXDiverse
« Reply #5 on: February 23, 2017, 07:12:48 PM »
these cent accounts are a fraud, plain and simple. = they dont correspond correctly to a standard account.

ever since i backtested this tokyo ea, that was an eye opener to me.

that even the pip count is wrong just baffled me to no end.

so i never everrrrrrrrrrrrrrr again will fall for that, thats for sure. show me a standard account or i run for the hills.
new myfxbook home see below, accounts added soon.

they all will be fully verified.............

https://www.myfxbook.com/members/forexfidelitas

Offline Ruairi OPleurisy

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Re: FXDiverse
« Reply #6 on: February 24, 2017, 11:50:46 AM »
show me a standard account or i run for the hills.
Run to the hills!
Run for your lives!

Classic Maiden that.  Though I don't think Bruce was referring to cent accounts  ;D

 

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