Anyone contemplating setting up demo account linked to an explorer should read the following.
Some brokers to save space on a server will simply delete your account history after a month or so.
As an example on my own. The account was opened on the 12th of June with a 10,000 deposit.
The balance today is in excess of 30,718 but the profit on the explorer shows just 14,852
The reason for this is that the trade history from the first few days of the account being opened (more than 5,000) has been deleted from the account history and the trade explorer now shows it as deposit. Profit percentage showing as 140% instead of the 200 plus that it should be.
I contacted FXCM and asked and it seems they delete account history periodically to keep the load down on the server. Makes sense really and although it is just a demo account i thought this is something people should be aware of when setting up an explorer linked to a demo account with certain brokers.
This in no way is aimed at being negative toward my broker FXCM who have always been nothing short of excellent with me. However, if your looking at trying to place on the leaderboard this is something you need to be aware of.
Some brokers to save space on a server will simply delete your account history after a month or so.
As an example on my own. The account was opened on the 12th of June with a 10,000 deposit.
The balance today is in excess of 30,718 but the profit on the explorer shows just 14,852
The reason for this is that the trade history from the first few days of the account being opened (more than 5,000) has been deleted from the account history and the trade explorer now shows it as deposit. Profit percentage showing as 140% instead of the 200 plus that it should be.
I contacted FXCM and asked and it seems they delete account history periodically to keep the load down on the server. Makes sense really and although it is just a demo account i thought this is something people should be aware of when setting up an explorer linked to a demo account with certain brokers.
This in no way is aimed at being negative toward my broker FXCM who have always been nothing short of excellent with me. However, if your looking at trying to place on the leaderboard this is something you need to be aware of.
Money never sleeps...