Why Does Your Forex Robot Work Better At A Particular Broker?
There are a lot of reasons why this may be happening, and fortunately, there is something that can be done about this.
The first step is to assess the situation and figure out what the problems may be. Do you have your forex robot trading in one time frame with one broker and in a different time frame with a different broker? These are little details that are easy to overlook when you're trading multiple account, but the problem is easy to solve. You won't need to alter your forex robot's settings but you will need to alter the time frames your various brokerage accounts are using. Just alter the charts you're using to trade off and you should get your forex robot more in synch across the two or three accounts.
Some Problems Can't Be Solved
There is one big reason why you may be seeing different across your different accounts that are trading with the same forex robot and there simply isn't anything you can do about it. It has to do with pricing. You see, because there is no central exchange in forex trading, every forex broker has different prices for the various pairs you can trade with them.
For example, let's say you have a forex robot operating in an FXCM account and a GFT account. At FXCM, your forex robot takes a trade in the euro/US dollar (EUR/USD) when the bid/ask is 1.4055 by 1.4057. At the same time, your forex robot that us also trading your GFT enters the same trade on the same type of chart and gets a bid/ask spread of 1.4056 by 1.4058. That's just a difference of two pips, but overtime that can really add up. Needless to say, this is the primary reason why the same forex robot may net you different results in different accounts.
And as we said earlier, this is simply the way forex trading works. When you trade stocks or even commodities, the price differences among brokers are going to be minute, if they exist at all. Since there is no central exchange for forex, prices are different from broker to broker. While these differences aren't extreme, they can impact forex robot's.
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