Trading Basics IV: FxPro vs Doto

 

Image source: Kate Moran,Brandlogosnet, ForexDailyInfo.com/ Pinterest. 


Hello the week ends and another successful Platinum Series ends.


This FxPro vs Doto. 


All trading was completed within parameters - one real account and one demo account.


Doto

Funds reserved/Margin: 100k

Result off internal insight: Y, based off USDJPY, +R14k Profit

AI or Non-AI : Non AI

Stock: EURJPY

Direction: Sell

Event: Y - 16h00 (from FxPro)

Time: 16h10 - 16h32

Account: Demo

Purpose: Raw profit withdrawal if real.

Total: +/- R140,000 Query leverage/account type. Often full JPY withheld to give Raw profits so expect x10 or x100.


FxPro

Margin: R50

Result off internal insight: Y, +R3

AI or Non-AI: Non AI

Stock: EURJPY

Direction: Sell

Event:Y - 16h00 - 16h10

Account: Real

Purpose: if JPY leverage applies, multiply all profit by 20,000 up to 50,000. Often advertised. 

Total: +/- R120,000 if leverage on checkout into an SA Bank.



I personally still prefer FxPro but doto definitely is great for a work from home type business looking for salaries. Months can be rough. Things like a unexpected medical bill can be covered in a day with a yield of R14k in one day. Not bad. Doto I feel here out-edged and is the winner.


Congratulations on the AOF App vs App award - Head to Head winner - Doto (Raw yield x 10 vs EURJPY Raw).


So the maverick with a hundred in his pocket won his luck with an AOF NDI and well the regular housewife is paying her Maverick kids making video games this month - maybe even for a year. 


The journey continues!


Music provider: Spotify. Ending song: Love the way you lie (Part II) by Rihanna, Eminem


- End of Platinum Series. Returning to .blogspot.com. 





 

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