Demo vs. Live Account discrepancies | Metals Mine

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Demo vs. Live Account discrepancies

  • #1
  • First Post: Nov 21, 2018 10:14am Nov 21, 2018 10:14am
how much of a warning flag is this to you.
below is the 5 minute trend on XAUUSD.

Lookig at at the high, there is a 10 pip discrepancy, but more disconcerting is the actual trend.

This image is from the same broker, one was taken from my DEMO, the other my LIVE account. The higher high is from the Live account and as you can see, much more volatility.

Has anyone witnessed the same thing? Is this cause for alarm.
I notified the broker and they said their Dev Team will look into it and get back to me....

for thentime being, I won’t release this brokers name until I hear their response.
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  • #2
  • Nov 21, 2018 10:55pm Nov 21, 2018 10:55pm
I do hope you do get a response. a Company can lure people into live accounts by cheating them into profits I guess, just to loose it when going live.
  • #3
  • Nov 22, 2018 3:45pm Nov 22, 2018 3:45pm
Quoting Slickwik
I do hope you do get a response. a Company can lure people into live accounts by cheating them into profits I guess, just to loose it when going live.
Thas the way it looks, and I’ve been trading with them for a little while on a live account, still learning but I’m following up with them. I’m Canadian based, which broker are you using Slickwick?

Cheers
  • #4
  • Dec 6, 2018 8:43am Dec 6, 2018 8:43am
Wow, great screenshots mate. It is visible, how the indicators have drawn a different graph on both pictures. I am interested to see more screenshots with differences visible
  • #5
  • Dec 7, 2018 8:48am Dec 7, 2018 8:48am
even if demo and live give same value, there are still many other factors you need to consider. such as requotes, server disconnection, sl gap in live account which normally not experienced in demo account.
LUCKY golden trades, LUCKY gold investor trading style
  • #6
  • Dec 19, 2018 3:36am Dec 19, 2018 3:36am
Agreed with previous message, a lot of things can affect on trading results as well, and anyone can't see it without calculation. I mean execution speed, average spread on closing and opening, slippages.
  • #7
  • Dec 21, 2018 7:29am Dec 21, 2018 7:29am
Quoting Ra.
how much of a warning flag is this to you. below is the 5 minute trend on XAUUSD. Lookig at at the high, there is a 10 pip discrepancy, but more disconcerting is the actual trend. This image is from the same broker, one was taken from my DEMO, the other my LIVE account. The higher high is from the Live account and as you can see, much more volatility. Has anyone witnessed the same thing? Is this cause for alarm. I notified the broker and they said their Dev Team will look into it and get back to me.... for thentime being, I won’t release this brokers...

Change broker as soon as possible, its a clear flag that its scam
  • #8
  • Last Post: Dec 21, 2018 7:33am Dec 21, 2018 7:33am
Quoting dispersion
{quote} Change broker as soon as possible, its a clear flag that its scam

Thanks for the advice, Ive switched brokers and am with Oanda now. Really like them so far.

FX 4 Money - I’m comparing my current broker with the past, and the previous broker’s tick rates on small timeframes definitely Vary in a consistent level.
not using them anymore, definite red flag.
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