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Anyone can help me solve?

  • #1
  • First Post: Jun 15, 2021 3:58am Jun 15, 2021 3:58am
I make similar trades but both profit is different from both brokers.. why is that...I added up....it seem the lesser one is wrong or I missing something.
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  • #2
  • Jun 15, 2021 4:40am Jun 15, 2021 4:40am
Quoting Pro.yingYang
I make similar trades but both profit is different from both brokers.. why is that...I added up....it seem the lesser one is wrong or I missing something. {image} {image}
If your entry/exit prices are different between brokers, don't expect to have the same results.

Also, it seems one broker is in SGD while the other is in AUD.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3
  • Jun 15, 2021 4:53am Jun 15, 2021 4:53am
You are right ...one is axitrader and another is oanda and both currency is different. It still shouldn't be big difference. If I add all the profit and loss...it still doesn't balance out to the profit shown...
  • #4
  • Jun 16, 2021 5:51pm Jun 16, 2021 5:51pm
Quoting Pro.yingYang
I make similar trades but both profit is different from both brokers.. why is that...I added up....it seem the lesser one is wrong or I missing something. {image} {image}
If I see it right, the biggest difference here is not the broker. You have an AUD and an SGD account. Your trades' value, your margin for these trades are not the same amount in different currencies. Like the worth of 100 USD has different exchange valie in SGD and AUD.
  • #5
  • Jun 16, 2021 11:31pm Jun 16, 2021 11:31pm
If you are trading manually then this much difference is quite normal in trading, I think this can be done through EA, so that they can enter and exit in fraction of seconds.
  • #6
  • Oct 31, 2021 3:06am Oct 31, 2021 3:06am
The accounts are in different currencies. They will never due to exchange rates. One is set up as AUD & the other as SGD. I am curious though why you would do the same trades with different brokers?
  • #7
  • Nov 7, 2021 3:59am Nov 7, 2021 3:59am
As a new member I cannot start a new thread so please if someone can help me, why is my "Place" button disabled, screenshot is attached here.

Also, what does "Volume" represent?

I'm obviously a total noob, thanx a ton!
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  • #8
  • Nov 7, 2021 10:09pm Nov 7, 2021 10:09pm
For this, thanks to the lack of standardization of prices for brokers.
  • #9
  • Nov 8, 2021 10:07pm Nov 8, 2021 10:07pm
Quoting cvjmilos
As a new member I cannot start a new thread so please if someone can help me, why is my "Place" button disabled, screenshot is attached here. Also, what does "Volume" represent? I'm obviously a total noob, thanx a ton! {image}

maybe your broker has a limit of how many points you can set up the stop loss or take profit... not to mention all the other variables you have... I'm not familiar with crypto, but did you try each of the variables individually? for example leaving the sl and tp blanks?

but the easiest way is to get the support from your broker to check (maybe its this par that cannot be traded, maybe the lots are too big and so on)
  • #10
  • Last Post: Nov 9, 2021 1:16am Nov 9, 2021 1:16am
Hi Everyone,

I am new so cant open a new post. Can someone please advise the best place to open a demo trading account. I have looked online and on youtube and there are a few but I was looking for the opinion of someone with experience. Thanks in advance.
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