One of Best Broker for XAUUSD for EA Robots & Traders
Traders seeking brokers open to all styles find XM fits. It welcomes every strategy with no limits. Here are key perks of this STP online broker.
5 Reasons Why XM is one of the Best Online Broker for Trader
No Requotes: For trading activities to yield profit, the trader understands the necessity of having all their trade commands executed swiftly without requotes, as execution speed is critical to traders who often handle a high volume of trade positions in the market.
For traders working with brokers that apply requotes, it is common to encounter numerous requotes throughout the day. Many traders execute between 20 to 100 trades daily, and in fast-moving markets, requotes can accumulate rapidly. In such scenarios, initiating a single trade can become challenging, let alone managing multiple trades simultaneously.
With no requotes, XAUUSD traders execute as many orders as needed. No delays.
If trades happen without delays for new prices, there are many sources of money available, ensuring there's always enough to instantly buy or sell when you want to.
For a trader the execution rate can make the difference between making profits or making losses, this is why it is best to scalp with a no requotes execution policy.
With 99. 35% of orders completed in under one second, the order execution rate is 100%.
All orders are guaranteed to be executed and the execution rate of XM is 100% with 99.35 percentage of all orders being executed within time of less than one second. This the reason/explanation why this is one of the best broker.
EAs are Allowed
The broker permits the deployment of gold bots, enabling traders utilizing automated software to execute trades via their Expert Advisors (EAs).
No Extra Program from a Fake Dealer
When you use XM, there's no extra computer program acting like a dealer, which means your way of trading won't be messed with when you make a trade. This is really important for people who let computer programs called Expert Advisor (EA) Robots trade for them. These EAs can trade on their own in the real markets without the broker causing problems, like changing prices or offering prices that aren't accurate. Because of this, your trading plans have a better chance of working in real life like they did when you tested them.
Trade During Significant News Events
A key time to trade is during economic news releases. At XM broker, you can trade right through news events. XM works with many liquidity providers. This ensures orders fill anytime the market is open. So, there are no limits on trading during news reports.
Fills up to 50 Lots
For trades execution is guaranteed upto trades of 50 Lots on 1 single trade. Stoploss also is guaranteed for any trade order at any price set by a trader. This again is made possible by availability of multiple liquidity providers providing for enough liquidity at all the times so as to guarantee trade order execution of all orders at all the times.
Free VPS Hosting Service
Free VPS for Expert Advisor(EA) 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 EA, where instead of running the EA from your Personal Computer, the EA is hosted on a Virtual Private server & the EA can trade on the market throughout because the VPS server is on throughout 24-7.
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