HELP! I NEED A BROKER FOR US TRADERS THAT WORK WELL WITH THE ELM BOT
- Thread starter hustle
- Start date
Hello brother, you are right, the choice of good, honest brokers is very limited, but I do not advise you to work with IG.com, they have large spreads and besides, working with them I received 2 trades per month, although they were in profit, but this not good at all.
I prefer to work with Oanda, but I want to try another broker, but I don’t know which one to choose, maybe forex.com? Have you worked with them?
I prefer to work with Oanda, but I want to try another broker, but I don’t know which one to choose, maybe forex.com? Have you worked with them?
Hello; I am currently testing Oanda but it might be too early to speak on my experience with them. I was going to try forex.com, but their STP account does not work with MT4. Only their standard account works with MT4, and the fills on the standard account are likely to be subpar.
I will keep testing on Oanda.
eWok which brokers do you use and are you having a good experience with for the ELM bot? are you based in the US? thanks in advance for your help.
Hey, yeah I am based in the US, so my options are very limited in terms of using the "better" international brokers. Also MT5 is banned in the US, so can't even use that.
I've been using IG just over a month, and Forex.com for a few weeks. Honestly it hasn't really been what I've expected so far, but the author of this EA told me there are times and slowness/drawdown, and times of high frequency/profit, so I'm just waiting.
Funny enough I actually get different trades between the two brokers, even though im running ELM on both, with the same settings.
For IG, I've made a 0.04% profit, and for Forex.com I'm at a -0.1% drawdown...
I realized, in order to make IG take trades, I had to adjust the slippage settings for open/close trades. This setting is set to 0 on default, so it was rejecting virtually all trades.