Best Broker for gold trading of All trading Methods
Traders looking for brokers which allow all the different types of trading can trade with XM where all strategies are welcome without any restrictions. Following are some of the advantages of trading with this STP online broker.
5 Reasons Why XM is one of the Best Broker for trading
No-Re quotes - for trading to be profitable the trader knows that they require all their orders to be executed quickly without re quotes because for the traders, speed of execution matters & a trader requires very fast execution to execute numerous trades that they execute on xauusd trading market.
If a trader were to use a online broker implementing re quotes then it's most likely the trader may encounter hundreds of them per day. With most traders making between 20 - 100 hundred trade transactions a day, a few requotes will add up to many requotes in a fast moving markets and when these requotes increase it can get to the level where even putting in a single trade becomes impossible due to many the many requotes let alone opening and executing a number of trades.
With a No-Re quotes execution policy it means a gold 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 there's enough liquidity to guarantee a buy or sell trading order is opened instantly.
For one the 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 % 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 Percentage with 99.35% of all orders being executed in less than one second. This the reason why this is one of the best broker.
Trading Expert Advisors are Allowed
Xauusd trading bots are allowed and traders implementing automated robots can trade with this broker using their Expert Advisors.
No Virtual-Dealer Plug-in
With XM there's no virtual dealer plug-in software meaning your trading strategy will not get any interference during trade order execution. This is especially crucial for traders using EA Bots as their trading Expert Advisors 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 trading time is when there 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 open market, therefore there's no restriction on trading even during the news data reports times.
Fills of up to 50 Lots
For trades execution is guaranteed up to trade transactions of 50 Lots on a single trade transaction. Stoploss also is guaranteed for any order at any xauusd price set by trader. This again is made possible by availability of multiple liquidity providers providing enough liquidity at all times to guarantee execution of all orders at all times.
Free VPS for trading Expert Advisor 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 Bots online 24-7. A VPS server is a better option for running your Expert Advisor, where instead of running the Expert Advisor from your Personal Computer, the EA is hosted on a Virtual Private Server and the EA can trade in the market throughout because the VPS server is on throughout 24 7.
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