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Thanks Alan,
This is very helpful. Your analysis is on-point. Your multiple account approach makes sense, also I didn’t consider the commission on forex.com.
I’m checking out the DarwinxZero now.
I’ll reach out if i have additional questions.
Thanks again ,
Gabe
Hi Alan,
Restrictions like the FIFO, leverage size.
Most of the profitable EA’s i have seen requires a larger leverage size (lower investment capital) or low leverage (higher capital). And US brokers have a maximum leverage of 1:50.
Additionally, I compared the spreads on my Oanda and Forex.com demo account. Forex.com had better spread than Oanda, however, i could not use EA on the demo. So i had to go with Oanda even though the speads were higher.
Gabe.
Yeah i understand that could be very discouraging.
I think some of the US traders opt in to using offshore unregulated brokers due to limited information out there and several US restrictions.
You are the main resource to get information on US trading.
Thanks you,
Gabe
Yes it does, It makes sense now, cos getting additional VPS was an expensive option. I will use your technique. Thanks for sharing.
Hey Alan,
Does Blackbull work in the US? whenever i try to create account it says not available in your region.
Secondly, do you use VPS or you leave your PC on 24/7? My VPS can only handle 4-6 MT4/MT5 app. This restrict me from creating multiple demo account for different scenarios.Thanks for sharing! Alan you seems to be the most knowledgeable in US trading style. Your comments are highly appreciated.
Hi Marin,
Will the EA work as expected if the broker symbol has extension? For example, EURGBP is listed as EURGBP.PRO
See screenshot attached
