Here’s a site that MD Support recommends for comparing trade activity to.
Forex Megadroid Results - Live Forex Trading Journal
Feb and Apr have been very light on trading. Simple tech analysis of EURUSD shows a flat market over the last 2 months so not surprised that MD has been mostly idle.
As stated in the thread, things to look for when choosing a broker:
- 100:1 leverage or better
- spreads under 3 pips or commission based trading for really low spreads
- ECN/STP processing for fast execution with no requotes and minimal slippage. Live trades should get a ticket in under 4 seconds.
Your setup should be a PC with reliable power and Internet (wired preferred) or a Windows VPS where your terminal can run uninterrupted. Keep in mind that you will need to restart MT4 from time to time so updates can be applied.
Demo runs of MD will only give you a general idea of MD’s execution with the Demo server’s feed. It IS NOT an accurate indicator of Live server performance. Your best method of testing is actually using a small amount of capital in a live account and running for about 3 months. Use money you can afford to lose and won’t miss. Again, its testing.
Set risk at .1 and see how it does with your broker. Like what it does, commit more funds and adjust your risk preference. Otherwise find another broker or use the info from this thread and the site I gave as good guides.
The MD boys recommend FinFX who offers all account types.
Happy Trading and be patient.