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Expert Advisors and Automated Trading Questions about automated trading? Which brokers allow automated systems? How do I create my own expert advisor? These questions and many more on automated trading can be answered here! (Note: forum rules do apply and any threads/posts deemed by moderators as spam or promotion of services, products, or websites will be deleted!)

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Old 05-07-2009, 02:49 PM
 

Join Date: Mar 2009
Posts: 7
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Dealing desk brokers such as IBFX can manipulate the data feed an may take the other side of your position. Since the majority of retail traders tend to lose money, they actually make money when you lose money.

Therefore, they are not too happy when their clients start to use consistent profitmakers such as FAP Turbo and Megadroid. Their response is to manipulate the data feed (or raise spreads during asian session) to make them unprofitable. Broker selection is therefore very critical if you want to be profitable.

If you can, go with Alpari Uk, they are by far the most profitable broker to my knowledge. The others should be okay too.
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