At first Glance the 314 pips profit ($3,140) since the last update looks good
but these are just the closed positions and does not account for any open
trades.
Many system providers are experiencing severe drawdowns but two are performing
better than the rest.
BRSTFOREX gained 54 pips but has open positions equalling minus 788 pips.
Cheetah bounced back with 247 pips profit but if you had taken every trade
you would be holding losses on open trades of 1054 pips.
CCCPJ is the worst performer, it is minus 45 pips for the month, has not added
any gains and currently has a drawdown totaling 1226 pips. Surely this is one
provider to avoid.
GBP FUND has no open positions. Its 2nd place total had a maximum drawdown
of just 81 pips and has not had a losing day since we started.
SystemsFX has just one open position, down just 35 pips. It has increased its
lead by 13 pips to a total of 818 pips
| Provider | Daily gain | Monthly Tot |
| BRSTFOREX | 54 | 260 |
| CCCPJ | 0 | -45 |
| Cheetah | 247 | 188 |
| GBP FUND | 0 | 612 |
| SystemsFX | 13 | 818 |
| Totals | 314 | 1833 |
Trades on the demo account differ slightly from the providers system webpage but are more representitive 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.
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