Archive for December, 2015

End Of 2015 Updates

Wednesday, December 23rd, 2015

We had much developments this year; This is what we have been up to:

  • Working hard on our Android and iOS apps.
  • Adding functionalities as requested by users.
  • Adding more widgets.
  • Supporting further brokers.
  • Improving our current services and adding new ones.

We’ve wanted to take this opportunity to highlight 2 items:

Our android application has reached an important milestone – it has passed 100,000 downloads in just over 1 year! Not only that, but it is ranked number 4 when searching in Google Play for the term ‘Forex’. If you haven’t tried it out yet, click below to and download it to see why traders absolutely love it:

Myfxbook Android

Myfxbook Android

A new upcoming rebate service to be introduced in 2016 – just like with any of our services, we’re creating a new, state of the art service, unlike anything available now. As a promotion of the new rebate service, we’ll be giving out $1,000,000 (that is correct, one million USD) in bonuses!

The new rebate service will be available here: http://www.paybackfx.com

PAYBACKFX

New Forex Rebate Service By Myfxbook

Stay tuned for more details!

 

We wish you a lovely holiday season and a Happy New Year!

The Myfxbook Team.

Live Contest Winners Announced

Thursday, December 3rd, 2015

Our first ever live forex contest has ended and winners are:

1
fnb2832
Contest – fnb2832 218.78% $10,000
2
WasimKhattak
Contest – WasimKhattak   87.29% $5,000
3
MPRC
Contest – MPRC 80.63% $2,000

As this was a contest with live funds deposits by the competitors, it was very interesting to see the difference in trading behavior vs demo accounts. As expected, returns weren’t as high as with demo accounts but nevertheless, were impressive.

Looking at the contest’s analysis which can be seen here http://www.myfxbook.com/contests/live-forex-contest-fidelis-capital/32/analysis we can see that 7.1% of accounts were profitable, 32.9% of account were losing and 60% of accounts didn’t trade. Winners had a 66% winning rate vs 56% of losing traders, while avg pip win of winners was 350 pips vs 80 pips of losing trades (almost x5 times larger).

Live Forex Contest Fidelis Capital analysis

Hope you had a good time competing against the rest!

Have a great week ahead,

The Myfxbook Team.