What Forex Brokers Never Want You to Know!

[FXTradingRevolution]

Great article. Since this does look like it could turn into side-by-side analysis of brokers, I'm going to move it over to Forex Company Comparisons now.

Thank you for your positive feedback! Cool, good idea to move it here.

Ryan

 

[Pharaoh]

The only thing which could make me look forward to this even more would be if it could be Broker Death Match!

 

[FXTradingRevolution]

Some of them would really deserve it...

 

[Pharaoh]

How soon until you can throw some brokers into your "not quite a death match" arena?

 

[FXTradingRevolution]

Hi Pharaoh - thank you for your message! I'd like to publish results achieved on real accounts from 25 next brokers in a week or two. I'll also add it to the FX Trading Revolution website.

Ryan

 

[FXTradingRevolution]

Hello traders!

As per the requests here, we have published the real results achieved on real accounts from 25 brokers with exactly the same trading strategy. You can see the full comparison at this page.

Ryan

 

[Pharaoh]

Wow! Any chance for a breakdown of where the differences came from?

 

[FXTradingRevolution]

Wow! Any chance for a breakdown of where the differences came from?

Hello Pharaoh,

the final results were definitely the most influenced by differences in slippage. Also spreads (commission) and spread widening played its role (that is causing Stop-Loss hunting, executing market entries / exits at worse prices, or not filling TPs). There are simply so many factors that influence the final results, and the only way to truly compare brokers and choose the best one is comparing results from real accounts. Of course, beside final results - security of deposits, trustworthy and fair broker's approach are also very important.

Ryan

 

[Pharaoh]

Of course, beside final results - security of deposits, trustworthy and fair broker's approach are also very important.

Ryan

True. There's no point in making more money trading with a broker if you can't get it back into your own bank account later.

 

[FXTradingRevolution]

Exactly - I wouldn't say that it's a rule, but usually brokers that won't process withdrawal request have very bad trading conditions, so anyway it is usually not possible to make more money with with them.