Best Broker for gold trading of All Methods
Traders seeking brokers who accommodate diverse trading methodologies can utilize XM, as this brokerage welcomes all trading strategies without imposing limitations. Below are some of the benefits associated with trading through this STP online broker.
5 Reasons Why XM is one of the Best Broker for trading
No Re-quotes - To make money by trading, traders understand they need their orders to happen very quickly without any delays, since how fast things happen is important to them, and they need fast actions to do many trades on the gold market.
If a person trading online uses a broker that sends new price quotes, they will probably see many of these each day. Most traders make between 20 and 100 trades daily, so a few new quotes will quickly become many in markets that change fast. When these new quotes happen more often, it can become so bad that even making one trade is impossible, not to mention opening and doing several trades.
No re-quotes mean you trade freely without price changes popping up.
Execution without re-quotes ensures multiple liquidity providers are available at all times, allowing sufficient liquidity to instantly open a buy or sell trading order.
For certain trading styles, fast execution decides if you profit or lose. Scalp best with a no-requotes policy to avoid issues.
Order execution achieves a 100% rate, with 99.35% of all orders being processed in under one second.
XM guarantees the execution of all orders, boasting a 100 Percent execution rate, with 99.35% of all orders being fulfilled in under one second. This performance is the primary justification for considering it among the superior brokers.
EAs are Allowed
XAUUSD trading bots are supported, and traders can implement automated strategies using Expert Advisors provided by their broker's platform.
No Virtual-Dealer Plugin
With XM there is no virtual dealer plugin software meaning your strategy won't get any interference during the order execution. This is especially critical for traders using EA(Expert Advisor) Bots/Robots as their trading Expert Advisors(EAs) can trade free in the market without any execution interference from the broker, such as re-quotes or off-quotes, therefore the more chances that your winning strategy produces the same profitable results as it did when you were backtesting it.
Trade During Even News Times
One of the popular times is when there is an economic news data report. At XM traders can trade even during economic information report times this is made possible by the fact that XM has many liquidity providers that guarantee order execution at any time in the open trading market, therefore there's no restriction on trading even during the news data reports times.
Fills of up to 50 Lots
Trade execution works for up to 50 lots per position. Stop-loss orders get filled at any XAU/USD gold price set by the trader. Multiple liquidity providers ensure steady flow. This guarantees all orders fill anytime.
Free VPS for trading Expert Advisor Robot hosting
Free VPS for trading EA hosting is provided & traders can install their automated trading bot on the VPS server and have their Expert Advisor(EA) Bots online 24-7. A VPS server is a better option for running your Expert Advisor, where instead of running the EA from your Personal Computer, the EA is hosted on a Virtual Private Server and the EA can trade on the market throughout because the VPS server is on throughout 24 7.
Study More Tutorials:
- Do You Trade XAUUSD With $5
- Gold Brokers Type
- Gold Metal Online Trading
- List of Learn Gold Strategies for Beginners
- Techniques of Scalping Gold, Day Gold, Swing Trading XAUUSD & Position Gold
- Gold Introduction
- Morning Star Candlestick, Evening Star Candlestick and Engulfing Pattern Candlestick
- Gold Draw Trendlines in MetaTrader 4 Platform
- What is Free XAUUSD Demo Trading Account for Beginners?

