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i use mt4 for charts which i use to trade EURUSD with a UK based spreadbet broker.
I currently use ODL & Alpari versions of MT4 charts.
The problem is this -
ODL & alpari prices are slower than my spreadbet brokers prices. I typically therefore exit trades at a non-beneficial price (often 1 pip worse off per round turn), than i would do if i was trading using my brokers prices in the charts.
Both these sets of charts (ODL & alpari MT4) tend to lag my brokers price updates by a fraction of a second, which is enough to cause this disadvantage of typically 1 pip per trade.
I recognise that part of this issue is due to trading with a third part broker who do not provide my MT44 chart prices. And that finding one MT4 package that had quicker price updates than one third party broker, may well seem to have slow price updates compared to another third party brokers prices.
But, what i am wanting is to find a LIGHTENING FAST MT4 chart source, specifically, for EURUSD.
Has anyone else done any research into comparing various MT4 demo accounts, against a third party brokers prices, in order to find the MT4 demo accounts that tend to have the quickest/most responsive price updates??
If so, which can you recommend that are better than ODL & alpari??
I am not defending IBFX, only try to understand...
I think this problem is related with the fact that orders has been closed in TP when markets opened on Sunday, so some orders closed at your TP level and other with best profit, any case you have win. Maybe the system applies some type of FIFO (first in first out) or similar to close orders when markets open with gap ... maybe a senior member have more information about this... anyway ask IBFX... I would like hear about their explanations...
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