Forex Forum
Brokers selection ... => brokers => Topic started by: Hemant on December 25, 2009, 08:14:23 am
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Question:
What account should I open for Aeron EA, Micro?? Mini?? standard??
Answer:
You may open any account micro/mini/standard, but for best results with Aeron EA, your broker should providing micro lots for trading, i.e. you should be able to open 0.01, 0.02, 0.11 etc..... lots size on your account.
Question:
Which broker should I choose, with hedging OR without hedging?
Answer:
Aeron EA has the option Hedging=TRUE/FALSE, however you should go with broker who is providing hedging; because sometimes may be due to rapidly movement of currency your buy positions may stuck for a few days, then in that situation if Hedging is available, EA will be able to trade in Sell positions, and continuously you will get profit.
Question:
It means I should choose the broker who is not under NFA, right?
Answer:
Yes, exactly.
Question:
My broker is 5 digit, will it create problem?
Answer:
No, you have no need to pay any attention with 4 digits or 5 digits broker.
Aeron EA automatically recognizes the 4-digits or 5-digits. You will get exactly same performance on 4-digits brokers & 5-digits brokers.
Question:
Should I need to do any settings for 5-digits brokers in Aeron EA?
Answer:
No, it handles automatically in Aeron EA. Just forget that, whether you broker is 4-digit or 5-digit.
If there is anymore question in your mind regarding brokers selection, feel free to post here.