One of the Best Broker for Scalping for EA Bots and Traders
Scalpers looking and searching for trading brokers which allow scalping can trade with XM where all trade strategies are welcome without any restrictions. The Following are some of the benefits of scalping trading with this STP broker.
5 Reasons Why XM is the Best Broker for Scalper Traders
No Re-quotes - for scalping trading to be profitable the scalper trader knows that they require all their orders to be executed very quickly without requotes because for scalpers, the speed of execution matters and a gold trader requires very fast execution to execute the many trade positions which they execute on the market.
A scalper using a broker with re-quotes faces many each day. Most traders hit 20 to 100 trades daily. In fast markets, re-quotes pile up quick. Too many make it hard to enter even one trade. Executing several becomes nearly impossible.
With a promise of No Re-quotes it means a trader can trade as often as wanted without ever getting a request for new price.
Because there will be several liquidity providers offering execution without requotes, there will always be enough liquidity to ensure that buy/sell orders are initiated immediately.
For a scalper, how fast a trade goes through can decide whether they gain or lose money, so it's best to scalp where trades are executed right away.
The order execution rate stands at 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% with 99.35 percent of all orders being executed in less than one second. This the reason why this is one of the best broker.
Scalping EAs Get Full Approval
Brokers permit the deployment of automated gold scalping robots, allowing traders who use automated Expert Advisors to conduct their trading activities.
No Virtual Dealer Plug-in
With XM there is no virtual dealer plugin meaning your strategy won't get any interference during its trade order execution. This is especially critical for traders using Expert Advisor Bots as their Scalping Expert Advisors can trade free in the market without any execution interference from this broker, such as requotes or off quotes, thenceforth the more chances that your winning trading strategy produces the same profitable trading results as it did when you were back-testing it.
Trade During Even News
Scalping often picks up during economic news releases. XM allows scalpers to keep trading through these data drops. The broker's many liquidity providers make this possible. They ensure orders fill anytime markets are open. So, traders face no limits even amid news events.
Fills of upto 50 Lots
For trades execution is guaranteed upto trade transactions of 50 Lots on one single trade. Stoploss is also guaranteed for any order at any market price set by the trader. This again is made possible by availability of multiple liquidity providers providing enough liquidity at all the times to guarantee execution of all trading orders at all times.
Free VPS for Expert Advisor hosting
Free VPS hosting is offered, and traders are able to put their automated scalping programs on it and keep their trading bots online all day and night. A VPS is a better way to run your automated scalping program because instead of running it from your own computer, the program is hosted on a server, so it can trade at any time because the VPS server stays on at all times.
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