Howdy all! EAs

[SamAntics]

Howdy,

I'm part of a small trading group which is doing ok.. First time I've joined here and will be getting them on board soon.

There's a few posts around this site about EAs and want an honest and REAL robot to trade for me.

Sooooooo does anyone have anything that is performing well? Yes I know market conditions change blahblahblah... I just want a reliable broker and EA.

Appreciate any help.

 

[Moatasem Arafah]

Hello SamAntics

About Brokers :
Here are some good brokers that I personally withdraw from them
1-XM
2-clmforex
3-FXopen

About EAs :
I just started testing my EA before 2 weeks , you can see the results here
myfxbook.com/members/Moatasem_Arafah

If you want to reach me :
moatasem.arafah@gmail.com

 

[Pharaoh]

Here are some EAs you can look at:

https://www.forexpeacearmy.com/test_lab/metatrader_expert_advisor

 

[Jazzaglazza]

subscribing to thread. Any word on NZ/AUS brokers?

 

[Pharaoh]

NZ lets brokers walk away from regulation and doesn't ever even seem to fine them. This is bad.

 

[SamAntics]

But I though NZ were cracking down on brokers/forex? There was a program being touted over there a while back called OAKFX/Phoenix FX which was a complete scam and hurt a few of my friends, and the regulator actually did something!

I would love to know if any of these EAs in the list have been successful though, @Pharaoh

 

[Jazzaglazza]

Doesn't seem like much has changed bro... I'm heading Aus way - seems like the only option.

IC Markets, Pepperstone, Synergy FX, and Global Prime all have really nice staff and allow all EAs.

Tried a couple of the other "majors" but they seem to throttle high money making EAs

 

[Jazzaglazza]

Also if you like HIGH RISK - Synergy offered us a scalping robot which smashes the Aussie (CHUR!!!) hahaha scary martingale though.

 

[Pharaoh]

For any of those tests, watch them over time. Also, see if they use SL. WIthout a hard stop, what happens if the EA's connection to the broker gets interrupted before a major market-moving event. If there is a SL, check to see how big the loss would be if price suddently slams into it.