Hi guys want to show you how ikon with their mt4 trying to scam some of their clients.
look at the picture:
You can see that the quotes a little bit different which you are seeing on chart and market watch. What its mean and why it's dangerous:
1. Almost all traders using charts for trading and they don’t see that the real spreads is a little bit higher than they are seeing.
2. When you testing your strategy you testing it with the historical data (same which is used for charts) but not with real data you see in market watch. So forget about success in your strategy if you tested and optimized it as you did it for not real data and when you will start you will get absolutely different results.
3. And of course you will never will see such a picture on demo
Here you can download a video showing this things in real time just in case.
Interesting has it ever monitored by NFA or it’s ok that the broker can so stupidly cheat against clients?
So, be careful guys!
look at the picture:
You can see that the quotes a little bit different which you are seeing on chart and market watch. What its mean and why it's dangerous:
1. Almost all traders using charts for trading and they don’t see that the real spreads is a little bit higher than they are seeing.
2. When you testing your strategy you testing it with the historical data (same which is used for charts) but not with real data you see in market watch. So forget about success in your strategy if you tested and optimized it as you did it for not real data and when you will start you will get absolutely different results.
3. And of course you will never will see such a picture on demo

Here you can download a video showing this things in real time just in case.
Interesting has it ever monitored by NFA or it’s ok that the broker can so stupidly cheat against clients?
So, be careful guys!