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Well, we are at the end of another test period and the results are quite interesting.
Only two providers performed well enough for approval and three were disappointing.
The three to be avoided are:-
CCCPJ This showed a net loss for the period of 134 pips but what is worse is that
it has open positions losing a further 1,292 pips, need I say more?
Cheetah showed 188 pips profit but took 360 trades to get there, the one making
money from this system surely must be the provider.
BRSTFOREX did show 300 pips profit but can have 21 open trades at any one time
you would need a large account to trade this or take smaller profits by limiting the
number of lots traded.
SystemFX performed very well with 941 pips profit over the 22 trading days and
having just one losing day. It averaged 20 pips per trade.
GBP FUND This was the one that I liked best. No losing days and 652 pips profit.
This system gave the best return on capital because of its very low drawdowns.
You can see how nice the equity curve is below.
Trades in your demo account differ slightly from the providers system webpage but are more representative of actual results as slippage is incorporated.
All provider signals are traded at one std lot per trade so that each system is compared exactly like for like.
Regards
Chris Kobewka
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