Brokers Comparison

[Support_AdrianS]

There are differences between brokers due to the differences between the price feed, the spread and the commission.

We started a live test on demo accounts on some of our preferred brokers, to see which one is the best for our robots. The brokers are: Pepperstone (Razor account), FinFX (ECN account), ATCBrokers, HotForex (Currenex account), Oanda, FXOpen (ECN account), Alpari UK (Spread Betting account), ThinkForex, GKFX UK (Spread Betting account) and IC Markets (ECN account).

The differences between brokers are visible on demo accounts also.

Active:

Pepperstone Razor account – FRPEA v6.xx (default settings):
http://www.myfxbook.com/members/fxrealprofitea/mt4-138836/237632

FinFX ECN account - FRPEA v6.xx (default settings):
http://www.myfxbook.com/members/fxrealprofitea/finfx-demo/305863

FXOpen ECN account - FRPEA v6.xx (default settings):
http://www.myfxbook.com/members/fxrealprofitea/fxopen-ecn-demo/307845

GKFX UK Spread Betting account - FRPEA v6.xx (default settings):
http://www.myfxbook.com/members/fxrealprofitea/gkfx-uk-spreadbetting-demo/404433

IC Markets ECN account - FRPEA v6.xx (default settings):
http://www.myfxbook.com/members/fxrealprofitea/icmarkets-demo/404419

Choosing a good broker is as important as the robot used for automatic trading.
Only few pips difference for all currencies used combined (12 in our case) can make a big difference on few thousand trades (and a lot of extra money also).
Choosing a better broker is easier than wining on forex that difference in pips between brokers.
Our goal is to win money on forex and opening a new account on a good broker takes minutes, but can have a positive impact for many years to come.

Stopped / Expired:

ATC Brokers account - FRPEA v6.xx (default settings + NFA filter):
http://www.myfxbook.com/members/fxrealprofitea/atcbrokers-demo/305852

HotForex Currenex account - FRPEA v6.xx (default settings):
http://www.myfxbook.com/members/fxrealprofitea/hotforex-demo-v604/288224

AlpariUK Spread Betting account - FRPEA v6.xx (default settings):
http://www.myfxbook.com/members/fxrealprofitea/alpari-uk-spreadb-demo/306587

Oanda account - FRPEA v6.xx (default settings + NFA filter):
http://www.myfxbook.com/members/fxrealprofitea/oanda-demo/306476

ThinkForex account - FRPEA v6.xx (default settings):
http://www.myfxbook.com/members/fxrealprofitea/thinkforex-demo/344767

No need to compare the Trading History, just compare the monthly profit / loss from Monthly Analytics to see the differences.

You can make a free live test on demo accounts on your preferred brokers and compare your statements with ours to be able to draw a better conclusion which broker to choose.

Hoping for a long-term future collaboration
Kind regards,
Adrian.
ForexRealProfitEA Team

[nivti1]

Hello,

it seems it is on ATCBrokers the EA works the best.

Glad to see that, because they are my broker...

[fxscalp]

Has anyone tried IC Markets, their EUR/USD spread is amazing it averages 0.1 pips.

[Amir]

What about Forex-Metal broker? My friend said good about their platform.