Forex Warrior: brokers and accounts

Тема в разделе "Forex Warrior EA_eng", создана пользователем loopsider, 13 Декабрь 2013.

  1. loopsider

    loopsider Бывалый Команда форума Модератор

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    Forex Warrior is designed so that it will work well on virtually any broker. However, there are several issues you might wish to take into account before choosing the particular broker for trade with Forex Warrior.

    • Leverage. Generally, all martingale EAs should be traded on an account with high leverage, as it reduces the marginal load on the deposit. Leverage of 1:500 or higher is recommended. Low leverages of 1:100 and 1:200 should be better avoided. If you prefer to trade with a low leverage, keep your account balance larger than recommended by 25%-50%.

    • Spreads and commissions. Check up the spreads and comissions of your broker for the currency pairs you are going to trade against other brokers. Do not forget: spread and commission is what goes directly from your pocket to the pocket of your broker and is subtracted from the potential profit of the EA.

    • Minimal lot size versus the deposit size. Forex Warrior is a martingale EA with rather strict requirements for the size of the deposit. Generally, if your deposit is less than 10,000$, you should not trade with Forex Warrior on a regular (USD or EUR) account, but rather use a cent (USD cent or EUR cent) account. But not all brokers provide this type of accounts, so your choice of the brokers will be much more limited in this case.
    In this thread, we encourage our users to share their experience with Forex Warrior on particular brokers -- especially on brokers with cent accounts, as there are not too many of them.
     
    Последнее редактирование: 13 Декабрь 2013
  2. loopsider

    loopsider Бывалый Команда форума Модератор

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    Here I make a short list of brokers with cent accounts (or non-standard lot size, which is equivalent to having a cent account).

    • Пожалуйста, войдите или зарегистрируйтесь для просмотра ссылок. It has cent accounts with minimal/maximal lots of 0.01/10.0 and 0.1/100.0. Total lot size of the position is not restricted. Leverage 1:500.

    • Пожалуйста, войдите или зарегистрируйтесь для просмотра ссылок. It has cent accounts with minimal/maximal lots 0.1/100.0.

    • Пожалуйста, войдите или зарегистрируйтесь для просмотра ссылок. It has a non-standard lot size (1 lot = 10,000$), so the minimal lot 0.01 on a regular $ account is equivalent to 0.1 lot on the usual cent account. It has also the cent accounts. Leverage up to 1:1000.

    • Пожалуйста, войдите или зарегистрируйтесь для просмотра ссылок. It has cent accounts with minimal/maximal lots 0.1/1000.0. Leverage 1:500. Maximal deposit size for a cent account 3000$.

    • TradeFort. It has cent account with minimal/maximal lots 0.01/10.0. The total size of the open position is restricted by 10.0 lots!! Leverage 1:500.
     
    Последнее редактирование модератором: 13 Декабрь 2013
  3. martinsta

    martinsta Интересующийся - ARGOLab.net -

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    I'm trading FW on a Tradefort account now.
    I which ways is Forex4You better for tradig FW?
     
  4. loopsider

    loopsider Бывалый Команда форума Модератор

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    I see the only drawback in Tradefort cent account: the total position is restricted by 10.0 lot. You will have to be careful not to hit this limitation. In F4u, you can open as many orders with 10.0 lot as you wish, provided your deposit is large enough. In other respects, TradeFort might be better than F4u.
     

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