smarttradefx_ea (By forex_trader_46822)
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smarttradefx_ea Discussion
Nov 07, 2011 at 19:51
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3 Replies
Jan 31, 2012 at 14:01
Hello,
when I am looking into the statement I can see slippages about 1 pip on SL every time.
I tested them, they had similar slippages even on every market order entry and exit, and execution times as long as 2-3 seconds.
Did you consider to use other broker to get better results? I doubt this one is suitable for scalping, standard 2-pip spread plus commision plus huge slippage.
when I am looking into the statement I can see slippages about 1 pip on SL every time.
I tested them, they had similar slippages even on every market order entry and exit, and execution times as long as 2-3 seconds.
Did you consider to use other broker to get better results? I doubt this one is suitable for scalping, standard 2-pip spread plus commision plus huge slippage.
forex_trader_46822
Member Since Sep 05, 2011
4 posts
Feb 04, 2012 at 11:39
Hi Sugarboy, no 'FFM' is related to my home town.
Hi Pam, I'd consider SmartFX as an average broker. Currently I am evaluating 7 different brokers for execution time, slippage and so on - all for scalper EAs. It will take some 1~2 months until all is done, but I'll publish the numbers.
Personally I consider SL/TP slippage is not too relevant as my EAs do monitor this internally anyhow. Slippage on open is much worse in my opinion and unfortunately you don't get this number as easy as for other numbers.
Hi Pam, I'd consider SmartFX as an average broker. Currently I am evaluating 7 different brokers for execution time, slippage and so on - all for scalper EAs. It will take some 1~2 months until all is done, but I'll publish the numbers.
Personally I consider SL/TP slippage is not too relevant as my EAs do monitor this internally anyhow. Slippage on open is much worse in my opinion and unfortunately you don't get this number as easy as for other numbers.
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