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very similar demo account - are FXDD and PFGFX connected?

  • #1
  • First Post: Jul 20, 2009 12:26pm Jul 20, 2009 12:26pm
Hi i havent yet aquired the confidence to open a real money account and have been using PFGFX's demo metatrader for a while now

a freind suggested i use fxdd.com as they might be better for when i set up a real money account (can anybody confirm fxdd are a good broker/reliable broker to use?)

i have just downloaded the fxddd.com's demo metatrader 4, and although its not exactly the same its very very similar to my pfgfx demo trader?!

it has almost same lay out, when you right click on charts, it brings up same menu, similar channels fibonacci, linear regression etc etc

is this normal? are they all very similar in lay out etc or are these tow companies connected in anyway?
  • #2
  • Jul 20, 2009 9:09pm Jul 20, 2009 9:09pm
Quoting sgerrard
Hi i havent yet aquired the confidence to open a real money account and have been using PFGFX's demo metatrader for a while now

a freind suggested i use fxdd.com as they might be better for when i set up a real money account (can anybody confirm fxdd are a good broker/reliable broker to use?)

i have just downloaded the fxddd.com's demo metatrader 4, and although its not exactly the same its very very similar to my pfgfx demo trader?!

it has almost same lay out, when you right click on charts, it brings up same menu, similar channels fibonacci,...
you must not know anything about mt4 platform. there are many brokers that use it.
  • #3
  • Jul 20, 2009 9:24pm Jul 20, 2009 9:24pm
Lots of brokers use MT4 for their broker software- Its the Data Feed thats different between brokers. What banks are they connected to? Are your orders going to a deal desk or straight to the Interbank? Those are the details that matter. MT4 is just a hugely popular consumer retail front end.
  • #4
  • Jul 21, 2009 6:56am Jul 21, 2009 6:56am
Quoting sgerrard
Hi i havent yet aquired the confidence to open a real money account and have been using PFGFX's demo metatrader for a while now

a freind suggested i use fxdd.com as they might be better for when i set up a real money account (can anybody confirm fxdd are a good broker/reliable broker to use?)

i have just downloaded the fxddd.com's demo metatrader 4, and although its not exactly the same its very very similar to my pfgfx demo trader?!

it has almost same lay out, when you right click on charts, it brings up same menu, similar channels fibonacci,...
Metatrader 4 platform is just commercial platform widely used by many brokers right now so you will find all the features are the same. You must observe difference the quote price & spread between brokers, not the feature.

Good luck.
  • #5
  • Jul 21, 2009 2:04pm Jul 21, 2009 2:04pm
fxdd in my opinion is one of the best MT4 brokers.

Get a demo from other brokers and compare the price feed with fxdd you'll notice the difference.
  • #6
  • Jul 21, 2009 6:11pm Jul 21, 2009 6:11pm
Quoting fugly
fxdd in my opinion is one of the best MT4 brokers.

Get a demo from other brokers and compare the price feed with fxdd you'll notice the difference.
Ditto!
  • #7
  • Last Post: Jul 27, 2009 6:22am Jul 27, 2009 6:22am
thanks for your replies.

When you say the "price feed" on fxdd is the best do you just mean the speed at which the currency changes value is quicker? or is it something else?

like i said i am a newbie and havent dealt forex for rel money yet, only on pfgfx demo account.

what is the quote price and spread? and why does this differ between brokers?

thanks
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