Best Broker for trading of All trading Methods
Traders looking and searching for brokers that allow all types of trading styles and strategies can trade with XM where all strategies are welcome without any restrictions. The Following are some of the advantages/benefits of trading with this STP broker.
5 Reasons Why XM is one of the Best Online Broker for trading
For a trader to make a profit, they must be aware that all of their stock orders must be executed quickly and without requotes. This is because speed of execution is crucial for traders, and a trader needs very quick execution in order to complete a large number of trade transactions that they carry out on the market.
Should a trader use a broker executing requotes, most likely the trader could experience hundreds of them every day. Most traders average between twenty and one hundred transactions every day. A few re-quotes accumulate fast, and this goes beyond control when the market is changing rapidly. Managing multiple trades at once is practically difficult sometimes due to all the re-quotes - let alone opening even one.
A No Requotes execution policy means you can trade stock indexes as often as you like without ever getting a re-quote.
With no re-quotes, multiple liquidity providers make sure there's always enough liquidity, so your buy or sell order goes through instantly.
For traders, execution speed really matters. It can be the difference between making money and losing it. That's why scalping works best with a broker who promises no requotes.
Order fulfillment achieves a flawless 100% rate, with 99.35% of all orders processed in under one second.
All orders are executed with a 100% success rate at XM, with 99.35% of all trades completed in less than one second. This exceptional execution speed makes XM one of the top trading platforms available.
EAs are Allowed
Automated stock trading is allowed & traders utilizing automated systems can trade with this broker by using their EAs.
No Virtual Dealer Plug-in
With XM there's no virtual dealer plugin software meaning your strategy won't get any interference during its order execution. This is especially crucial for traders utilizing EA Trading Robots. These Expert Advisors (EAs) operate autonomously, free from broker interference, such as re-quotes or off-quotes. Consequently, a robust and effective strategy has a better chance of consistently delivering results similar to those achieved during backtesting.
Trade Even During the News Time
One of the most active trading periods coincides with the release of significant economic news reports. At XM, trading remains uninterrupted even during these high-impact news events. This is sustained by XM Broker's extensive network of liquidity providers, which ensures that orders are filled instantaneously in the live market, thus imposing no trading restrictions during the announcement of financial data.
Fills of upto 50 Lots
You're guaranteed to be able to trade up to 50 lots in a single trade. Additionally, stop-loss orders are guaranteed for any trade at any market price the trader sets. This happens because many different providers offer enough available assets at all times, ensuring every trade order is carried out no matter what.
Free VPS for stock Expert Advisor hosting
Free VPS is available for stock EA hosting, and traders can put their automated stock trading bot on the VPS server and keep their Expert Advisor(EA) Bots online all the time. A VPS server is much better for running your Expert Advisor: instead of running the EA from your computer, the EA is on a Virtual Private Server, so it can trade all the time because the VPS is always on.
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