One of Best Broker for XAUUSD for EA Robots & Traders
Traders looking for brokers that allow all types of trading can trade with XM where all trade strategies are welcome without any restrictions. The Following are some of the advantages of trading with this STP broker.
5 Reasons Why XM is one of the Best Broker for Trader
No Requotes - for trading to be profitable the trader knows that they require all their orders to be executed quickly without re-quotes because for traders, speed of execution matters & a trader requires very fast execution to execute numerous trades that they execute on the market.
If a trader were to use a online broker implementing requotes then it is most likely the trader may encounter hundreds of them per day. With most traders making between 20 - 100 hundred trades a day, a few requotes will add up to many requotes in a fast moving markets & when these re-quotes increase it can get to the level where even opening a single trade becomes impossible that is due to many re-quotes let alone opening & executing a number of trades.
With a No-Requotes policy it means a trader can trade as many times as they want without ever receiving.
Execution with no - re quotes will have numerous liquidity providers such that at any one given time there's enough liquidity to guarantee a buy or sell order is opened instantly.
For a trader the execution rate can make the difference between making profits or making losses, this is why it's best to scalp with a no-requotes execution policy.
Order Execution Rate of 100 % with 99.35 % of orders executed in less than a second
All orders are guaranteed to be executed and the execution rate of XM is 100% with 99.35 % of all orders being executed in less than 1 second. This the reason why this is one of the best broker.
EAs are Allowed
Gold bots are allowed & traders implementing automated bots can trade with this broker using their trading EAs.
No Virtual-Dealer Plug-in
With XM there is no virtual dealer plug-in software meaning your trading strategy will not get any interference during trade order execution. This is especially crucial for traders using EA Robots as their Expert Advisors can trade free in the market without any execution interference from the broker, such as re-quotes or off-quotes, therefore the more the chances that your winning trading strategy will produces the same profitable results as it did when you were back-testing it.
Trade During Even News Times
One of the popular trading time is when there an economic news information report. At XM broker traders can trade even during economic information times this is made possible by the fact that XM has multiple liquidity providers which guarantee order execution at any time in open market, hence there no restriction on trading even during the news data reports times.
Fills of upto 50 Lots
For trade transactions execution is guaranteed upto trade transactions of 50 Lots on 1 single trade. Stoploss also is guaranteed for any order at any price set by trader. This again is made possible by availability of multiple liquidity providers providing enough liquidity at all the times to guarantee execution of all trade orders at all times.
Free VPS Hosting
Free VPS for Expert Advisor hosting is provided and traders can install their automated bot on the VPS server & have their EA Bots online 24-7. A VPS is a better option for running your trading EA, where instead of running the EA from your Personal Computer, the EA is hosted on a Virtual Private server & the EA can trade in the market throughout because the VPS server is on throughout 24-7.
