I'm new to this game and I've been doing a lot of research and demo lately. I've tried MetaTrader from all 4 brokers I've mentioned on demo account.
But I'm confused about something and I have a few questions. A while ago, I sold 1 lot of USDCHF at the same time from all 4 brokers' MT4. When I purchased them, Alpari UK made a profit of $170, $158 on IBFX, $147 on CitiFX... but only $14 on InstaForex. Also, I purchased 0.01 lot of EURUSD and 3 broders are showing profit of $2.4~2.6 while InstaForex is showing $0.30.
Q1. I know spreads are different so it varies from broker to broker... but how could it be only $14 for InstaForex, less than 10% of the rest?
Q2. How long it takes to execute an order on average for a Live Account on AlpariUK and IBFX after you click on Buy/Sell button in MetaTrader?
But I'm confused about something and I have a few questions. A while ago, I sold 1 lot of USDCHF at the same time from all 4 brokers' MT4. When I purchased them, Alpari UK made a profit of $170, $158 on IBFX, $147 on CitiFX... but only $14 on InstaForex. Also, I purchased 0.01 lot of EURUSD and 3 broders are showing profit of $2.4~2.6 while InstaForex is showing $0.30.
Q1. I know spreads are different so it varies from broker to broker... but how could it be only $14 for InstaForex, less than 10% of the rest?
Q2. How long it takes to execute an order on average for a Live Account on AlpariUK and IBFX after you click on Buy/Sell button in MetaTrader?