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Broker for EA Trading (Scalping)?

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  #1  
Old 04-09-2014, 07:30
Level 1 Lasers Member
 
Join Date: Sep 2014
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Default Broker for EA Trading (Scalping)?

Broker for EA Trading (Scalping)?

Hello guys, I picked up a very aggressive scalping robot from a friend of a friend, the problem is where to use this crazy EA?

It opens and closes orders within seconds, one cycle usually opens 4-5 orders, first one a 0.01 order and then once the direction is identified it opens 3 or 4 larger orders usually 2.5 -3 lots. It needs low core spreads and fast execution of course to react to the direction indicators and a broker that wonít kick me off after 2 days of making money.

Iíve tried Alpari, FxPro and even Instaforex, not one is suitable for different reasons. Iíve narrowed my search to STP Brokers only, but itís hard to find a suitable one.

If anyone can recommend a good broker, Iíd be willing to try and see how it goes.

Thanks
Alex
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  #2  
Old 15-05-2015, 03:11
Level V Lasers Member
 
Join Date: Apr 2013
Location: www.tickmill.com
Posts: 672
Default Re: Broker for EA Trading (Scalping)?

I guess all brokers who have a pure ECN system would allow traders to trade with a robot scalping but all it takes speed and accuracy server. I ridak use robots in the trading but for my experience in TICKMILL, I gained a good execution speed with low spreads
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  #3  
Old 25-11-2015, 07:34
Level IV Lasers Member
 
Join Date: Oct 2013
Posts: 217
Default Re: Broker for EA Trading (Scalping)?

Quote:
Originally Posted by AlandFX View Post
Broker for EA Trading (Scalping)?

Hello guys, I picked up a very aggressive scalping robot from a friend of a friend, the problem is where to use this crazy EA?

It opens and closes orders within seconds, one cycle usually opens 4-5 orders, first one a 0.01 order and then once the direction is identified it opens 3 or 4 larger orders usually 2.5 -3 lots. It needs low core spreads and fast execution of course to react to the direction indicators and a broker that wonít kick me off after 2 days of making money.

Iíve tried Alpari, FxPro and even Instaforex, not one is suitable for different reasons. Iíve narrowed my search to STP Brokers only, but itís hard to find a suitable one.

If anyone can recommend a good broker, Iíd be willing to try and see how it goes.

Thanks
Alex
Well its a kind of tricky strategy so after 2-3 successful withdrawals of profit brokers most probably start to hamper your trading. I'd advice you to use several brokers for trading, to diversify risks
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  #4  
Old 24-02-2016, 05:56
Level V Lasers Member
 
Join Date: Apr 2013
Location: www.tickmill.com
Posts: 672
Default Re: Broker for EA Trading (Scalping)?

If we choose wrong broker, we will not feel comfort when trading and it also influences our trading result. I choose TICKMILL, because they support their traders to get more maximal result by offering the lowest spread
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  #5  
Old 15-08-2016, 15:04
Level IV Lasers Member
 
Join Date: Aug 2015
Posts: 423
Default Re: Broker for EA Trading (Scalping)?

Quote:
Originally Posted by unclegober View Post
I guess all brokers who have a pure ECN system would allow traders to trade with a robot scalping but all it takes speed and accuracy server. I ridak use robots in the trading but for my experience in TICKMILL, I gained a good execution speed with low spreads
i wouldnt recommend using tickmill broker for scalping they always make you get loss and difficult getting money from scalping while market is okay to give you money while scalping.
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