Broker for EA Trading (Scalping)?

[AlandFX]

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 won’t kick me off after 2 days of making money.

I’ve tried Alpari, FxPro and even Instaforex, not one is suitable for different reasons. I’ve narrowed my search to STP Brokers only, but it’s hard to find a suitable one.

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

Thanks
Alex

[unclegober]

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

[dangtrader]

Originally Posted by AlandFX

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 won’t kick me off after 2 days of making money.

I’ve tried Alpari, FxPro and even Instaforex, not one is suitable for different reasons. I’ve narrowed my search to STP Brokers only, but it’s hard to find a suitable one.

If anyone can recommend a good broker, I’d 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

[unclegober]

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

[piplaser]

Originally Posted by unclegober

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.