Home > Forex > Crash at Jade FX

Crash at Jade FX

September 30th, 2009

I’ve been out of town since last monday. In the meantime my JadeFX account have plummeted from $929 to $518. Not to funny when logging into the VPS from Irkutsk, Russia where I am now. Seems that S/Ls have hit all the EAs on the account the same nights (MD Pro, Forex Shocker and FAP Turbo). I don’t have time to check the settings right now, which is bothersome.

The Alpari UK account was also hit by the stop losses, but not as bad.

Seems I should have just stayed home… :)

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  1. Dan
    October 6th, 2009 at 01:45 | #1

    My demo on JadeFX got nailed hard with MDPro SL’s. Glad it wasn’t live money…sorry to hear that bud. :(

    On the bright side, looks like Forex Bling is introducing its new scalper and breakout soon, and enhancing the current EAs as well. It’s a good service, very customer-oriented and “real” vs. all the crap we have out these days.

  2. October 9th, 2009 at 17:37 | #2

    I’m down to $366 now, from the high of $929 (deposit $500). Now I’m in Beijing and perhaps I will actually have time to see what has happened over the weekend. We’ll see, not much to save anymore… :)

    I’ll have to read up on Forex Bling also, been living in a tent the last week in the wilderness of Mongolia, just got back to civilization.

  3. newschool
    December 4th, 2009 at 05:48 | #3

    Newcomer here. What VPS do you use, is it dedicated and where is it located?
    Thanks

  4. December 31st, 2009 at 18:23 | #4

    If Fap Turbo could really generate huge profits, everyone would be using it. I’m very skeptical of any trading robot sold to the public for such a low price…

  5. January 15th, 2010 at 15:55 | #5

    @newschool
    Sorry for the very late reply, I had over 500 comments to sift thru (of which 499 was spam basically…).

    I use the VPS offered by JadeFX themselves for this account. It has a latency of <1ms to the trade server and have performed very good for me the last months. I think it is $27 a month.

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