My Pro FX bot had a good month. So, when the hiccup showed up this week, I “noticed” it, but I didn’t sweat it. I did what any good bot farmer would do: I asked the manufacturer if there was a recall on the “tractor”

Knowing Univerity of Options doesn’t have any monthly software fees, i didn’t know what type of response I would get. Frankly, they surprised me. They replied to me the same day. And, the issue is still being sorted out. The margin issue as a source of the issue came from UofO’s response:

With the margin change to my Fed account this week, I only briefly considered it also being an issue with my Pro FX account. When I checked with Ox Securities, it showed the leverage as 1:300. Could some overly ambitious employee at Ox Securities flipped the leverage switch and then flipped it back? I know what the symptoms point to, but I don’t have the proof.

Having been through a leverage change to one of my accounts, I will do a couple of things differently in the future:

NOT

• I will NOT BE content to check the leverage at myFXbook, I will do it at the broker.
• I will close the MT4 or MT5 for all of my bots. Then, I will reopen them. This will make sure the MT 4/5 is reading the correct leverage.

If nothing else happens from the University of Options side, I have learned from the experience. If I offer my tractors more money to play with, I will have confidence of how to handle another case of “leverage fever.”