Recommended brokers

Tagged: recommended brokers

This topic has 9 replies, 4 voices, and was last updated 3 years, 10 months ago by Ilan Vardy.

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- February 18, 2021 at 9:24 #77542
  
  mentosan
  Participant
  
  Hi,
  
  I saw that the recommended brokers are Hotforex and Blackbull Markets. I know also that the EA Studio history data is provided by JFD and Dukascopy. I wish to know wich from the 2 history data fit best for Hotforex&Backbull ? And how is possible to be recommended 2 Brokers from which we have no history data provided in EA Studio?
  
  regards,
  
  Sebastian
- February 18, 2021 at 9:44 #77545
  
  Ilan Vardy
  Moderator
  
  Hi Sebastian,
  
  We use the free Historical Data app, or Premium Data (DukasCopy) or Metatrader (JFD) data, as you correctly say. This is because they offer us the most amount of bars in the historical data. But this doesn’t mean that these are necessarily the best brokers to trade with. That is why, in EA Studio setting, there is the Symbol Settings option. This is where we can customise the asset according to the specifications of our chosen broker. In this way, we have a huge amount of historical data available to us, and we can cutomise it to be suitable for any broker of our choice.
  
  Thanks,
  
  Ilan
  - February 19, 2021 at 19:25 #77817
    
    mentosan
    Participant
    
    There is a difference in bar values and 2H between Premium Data and Dukascopy. I’m not sure that Premium Data is from Dukascopy.
- February 18, 2021 at 12:20 #77562
  
  Petko Aleksandrov
  Keymaster
- February 19, 2021 at 8:25 #77791
  
  mentosan
  Participant
  
  Thanks Petko
- February 20, 2021 at 12:40 #77824
  
  Petko Aleksandrov
  Keymaster
  
  It is from there. You must synchronize the time zone. Check the time on your broker – look just above the Market Watch, and set the settings in the Historical data App before you download the data.
- February 20, 2021 at 12:47 #77827
  
  mentosan
  Participant
  
  My Broker is Dukascopy, from where is also the Premium Data. Look :
- February 28, 2021 at 15:44 #78399
  
  Petko Aleksandrov
  Keymaster
  
  I know that 🙂
  
  Look at the market watch. Abot the market watch you will see your local time for the server. Then you need to synchronize it with the Historical data. Or you can compare any of the Hourly charts:
  - March 4, 2021 at 7:26 #78625
    
    Ilan Vardy
    Moderator
    
    Hey Riuzk,
    
    It’s difficult to recommend a broker, and we avoid recommending brokers because there are a number of factors to take into account. For example, the spreads that brokers offer, are not always the same in every country or location. The same with leverage. In some countries the leverage offered is higher than others, due to the regulations there. Have you had a look at the Brokers page yet? You may find some useful information there.
    
    https://staging.eatradingacademy.com/trusted-forex-brokers/
    
    Thanks,
    
    Ilan
- March 2, 2021 at 21:47 #78484
  
  riuzk
  Participant
  
  Hey Petko,
  
  May i ask which forex broker you recommend when it comes to demo testing?
  
  Usually i see that most demo account expires after 30 days, and i have asked for unlimted time, but they would only give me very few of them, while i need much more for my testing.
  
  Would love to hear back from you.
  
  Thanks
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