One of Best Broker for Scalping for Expert Advisor Bots & Traders
Scalpers looking for brokers which allow scalping can trade with XM where all trade strategies are welcome without any restrictions. The Following are some of the advantages of scalping with this STP broker.
5 Reasons Why XM is the Best for Scalpers
No Re quotes - for scalping to be profitable the scalper knows that they require all their orders to be executed quickly without re-quotes because for scalpers, the speed of execution matters and a trader requires very fast execution to execute numerous trades that they execute on the market.
If a scalper were to use a broker implementing requotes then it's most likely the trader might encounter hundreds of them per day. With most traders making anywhere between 20 to 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 putting in a single trade becomes impossible that is due to the 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 ++3there is enough liquidity to guarantee a buy or sell order is executed instantly.
For a scalper trader the trade 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 Percent with 99.35% of orders executed in less than a second
All orders are guaranteed to be executed & the execution rate of XM is 100 Percent with 99.35% of all orders being executed in less than one second. This the reason why this is one of the best broker.
Scalping EAs are Allowed
XAUUSD scalping robots are allowed and scalpers implementing automated robots can trade with this broker using their Expert-Advisors.
No Virtual-Dealer Plug-in
With XM there is no virtual dealer plug-in software meaning your trade strategy will not get any interference during trade order execution. This is especially crucial for traders using EA XAUUSD Robots as their Scalping Expert Advisors can trade free in the market without any execution interference from the broker, such as requotes 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 Even During the News
One of the popular scalping time is when there is an economic news report. At XM scalpers can trade even during economic report 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's no restriction on trading even during news data reports times.
Fills of up-to 50 Lots
For trade transactions execution is guaranteed upto trade transactions of 50 Lots on one trade. Stop-loss is also 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 for Expert Advisor hosting
Free VPS hosting is provided & traders can install their automated scalping robot on the VPS server and have their EA XAUUSD Bots online 24-7. A VPS is a better option for running your scalping Expert-Advisor, where instead of running the Expert-Advisor from your Personal Computer, the EA is hosted on a Virtual Private Server & the EA can trade in the market throughout because the VPS is on throughout 24-7.
