Best Broker for trading of All trading Methods
Traders looking for brokers that allow all types of trading can trade with XM where all strategies are welcome without any restrictions. The Following are some of the advantages of trading with this STP broker.
5 Reasons Why XM is one of the Best Broker for trading
No Requotes - for trading to be profitable the trader knows that they require all their stock orders to be executed quickly without requotes because for traders, speed of execution matters and a trader requires very fast execution to execute numerous trades that they execute on market.
If a trader were to use a broker implementing requotes then it is most likely the trader might encounter hundreds of them per day. With most traders making somewhere between 20 & 100 hundred trades a day, a few of these re-quotes will add up to many and in a fast moving markets these can increase tenfold to the point where even opening one trade becomes impossible due to many requotes leave alone executing a number of trades.
With a No-Requotes policy it means a trader can trade as many times as they want without ever receiving.
Execution with no - requotes will have multiple liquidity providers such that at any one given time there's enough liquidity to guarantee a buy or sell trade order is executed instantly.
For a trader the execution rate can make all the difference between making profits or making losses, this is why it's best to scalp with a no-requotes execution policy.
Order Execution Rate of 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% of all orders being executed in less than one second. This is another reason why it's one of the best.
Expert Advisors are Allowed
Stock trading bots are allowed & traders implementing automated stock bots can trade with this broker using their EAs.
No Virtual-Dealer Plug-in
With XM there is no virtual dealer plug-in software meaning your strategy will not get any interference during order execution. This is especially crucial for traders using EA Trading Bots as their Expert Advisors can trade free in market without any execution interference from the broker, such as requotes or off quotes, therefore the more the chances that your winning strategy will produces the same profitable results as it did when you were back-testing it.
Trade Even During the News
One of the popular trading time is when there's an economic news data report. At XM traders can trade even during economic data report times this is made possible by the fact that XM has multiple liquidity providers that guarantee order execution at any time in the open market, therefore there's no restriction on trading even during the news info reports times.
Fills of upto 50 Lots
For trade transactions execution is guaranteed upto trades of 50 Lots on a single trade. Stop-loss is also guaranteed for any order at any price set by trader. This again is made possible by availability of multiple liquidity providers providing enough liquidity at all times to guarantee trade execution of all orders at all times.
Free VPS for stock Expert Advisor hosting
Free VPS for stock EA hosting is provided & traders can install their automated stock trading bot on the VPS server and have their Expert Advisor Bots online 24-7. A VPS server is a much better option for operating your Expert Advisor, where instead of running the EA from your Personal Computer, EA is hosted on a Virtual Private server and EA can trade in market throughout because the VPS is on throughout 24 7.
