category: Trading Experience

Miscalculation on my P/L with SuperForex

I opened account with them and deposit THB 250,000 (about USD 7800). After that, I opened short position EURNZD for 40.1 lots (the contract size is 10000). That day EURNZD rose up and all my deals had been closed. I accepted that I got loss for sure but there are miscalculation on my P/L. For example the last deal, following market practice, to calculate loss in NZD we use (open price - close price)*lots*contract size. So it should be (1.77827 - 1.78986)*20*10000 = NZD -2318 that time NZDUSD = 0.6083 and USDTHB = 32.1 So, we can convert by this formula THB P/L = NZD P/L*NZDUSD*USDTHB = -2318 * 0.6083 * 32.1 = THB -45262.26 However, as you can see, P/L shown hear is -110532.75. Loss is more than it should be around 2.5x times Please try to calculate other orders and you will see that there are all incorrect. I contacted them many times but they insisted that the calculation is correct without any evidence or clarification. I send this to consult with you. Is there somebody face situation like me with this broker. Should I try to get my money back or let them gone? If there is some way, what should I do? PS.I can forward emails which I disputed with them if you want. Best regards

Anytrades experience so far

I’ve been trading with anytrades so far, and it’s been great. At least a weekly call with the portfolio manager and watching the account grow. I’ve been told I’m close to platinum level status and there is a bonus package by adding funds this month. I suggested adding £20,000 this month and the bonus package would be £15,000 and a 15 day protection of the account for refunds of any trades resulting in a loss. I haven’t invested any more money yet. It’s sounding too good to be true to be honest. And after previous experiences of scams I’m worried this could be the same. I don’t want to be in a position where I’m losing money due to not doing my due diligence. They are registered with the Vanuatu financial services- but I’ve read some bad reviews about this financial service authority. Can anyone help? Thanks