After the month-long test the top 10 looked a bit different:
The arrows in the pictures show how many rating positions a given provider has gained or lost during 30 days of testing. Each provider out of the top 10 disposed of a separate $2,000 account; almost similar mean risk level settings were fixed. On having tested the providers, I came to the following conclusions:
1. The first provider on my list is Forex Cruise Control
Forex Cruise Control has been holding top positions in the zulutrade rating for a long time. The number of subscribers has exceeded 13,000 with a total capital of 24 million dollars. According to the experiment results, Forex Cruise Control did not show the highest profitability level, but proved its trading system to be stable. 34 sales were completed during the time of testing, 3 more bargains were left opened and the result will stay unknown to us, but according to my prognosis, the bargains will be terminated with profit. 34 closed transactions replenished my test account with 88 dollars with the profit in points totaling 177.
Taking into consideration the test result, we can say that this provider either demands settings of a higher risk or should be used alongside other signal providers.
2. The Triple X provider
As you can see in the rating chart, the given provider descended from the 2nd position down to the 15th place. The reason is a set of failed bargains closed on end.
My settings lead to a 36-dollar loss. Although in the long term, thanks to excellent subsequent work of the provider, I managed to gain a 33.5-dollar profit on my account, or 66.9 points.
73 bargains were settled during the testing period.
3. The CO-FX-24 provider
I liked the work of this signal provider very much. The reaction of the zulutrade system is also obvious: it relocated CO-FX-24 from the 3d position to the 2nd place. 26 deals were concluded during the testing time which replenished the account with almost 144 dollars, or 364 points.
Now when I have not yet finished studying the account list, I wonder whether this record will be surpassed.
4. The FxTraderX provider
I struck 109 bargains which added about 120 dollars to my account. If you take a look at the profit points, they will make you applaud: the profit totals +634 points. It is an excellent result. Perhaps I was overcautious and should have used more aggressive settings. Even though FxTraderX makes you feel nervous, its operation has considerable downs as well as abrupt ups.
5. The Climber SB provider
This is the first case when I had a negative account. Climber SB settled 33 bargains, which made the account lose 429 dollars, or 429 points. As a consequence, the provider was removed form the 5th place down to the 289th position. Climber SB and its subscribers (their number became twice as small as it used to be) are now obviously in the doldrums.
The loss could have been less severe if I had chosen less aggressive settings.
6. The FOREXTECHNO – [EURUSD_LT] provider
FOREXTECHNO – [EURUSD_LT], just like the previous provider, showed a disappointing result. Having held 37 transactions, it reduced the account by 250 dollars, or -501 points. There are 2 opened transactions left which has already made a profit of 14.5 dollars, or 29 points, but they will not improve the situation. FOREXTECHNO – [EURUSD_LT] was relocated to the 36th position in the rating of providers.
7. The sczx(GBP/USD)50 provider
sczx(GBP/USD)50 concluded 142 deals during the testing period having increased the account almost by 143 dollars, or 716 points.
A good result.
8. The HighProfitFactor provider
HighProfitFactor closed 19 deals having replenished the account with 71 dollars, or 143 points. At first the account was negative to some extent, but HighProfitFactor put things right.
9. The GringoHuf provider
Due to the fact that my report is almost over and the major part of providers have already gotten their “grades”, I can suppose that GringoHuf is the leader of my rating. Having struck 57 bargains, GringoHuf added 207 dollars to my account, or 2,888 points!!! This is just a staggering result!
10. The rest in fly provider
When I tried to open a demo account, I made an error and established a 10,000-dollar account instead of a 2,000-dollar one (like in all other cases). Due to the fact that one can open only 10 demo accounts in zulutrade, it was impossible to correct this mistake. Rest in fly got off to a flying start at the beginning of the testing period, but closed a string of unprofitable transactions in the very end. As the result, there were 56 bargains -290 dollars, or 224 points.
According to the test data, the following portfolio of signal providers was made:
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