An Expert Advisor sends the same orders whichever broker it runs on, but the result is not the same: the spread it pays, how fast its orders are filled, even what the symbol is called differ from one broker to the next.
The checks, one by one
Licensed, and accepting clients from your country. One name can hide several companies, each with its own regulator and terms.
MetaTrader 5 for every K3Bxn Expert Advisor (K3Bxn News Scalp also runs on MetaTrader 4), with automated trading allowed on your account type.
Gold is usually XAUUSD, sometimes XAUUSD.m or GOLD. An EA that trades many pairs needs all of them.
Paid on every trade. Compare the typical spread at the hours the EA is active, and add the commission on raw-spread accounts.
How orders are filled when the market moves fast, and any minimum distance for stop orders. Most important for news and breakout strategies.
Hedging or netting: most retail EAs expect a hedging account. Check the leverage and the minimum deposit too.
Score your broker
Tick what your broker passes. It is kept on this device.
7. Try the demo first
Open a demo account with the broker and run the EA there for a few weeks. You see the real spreads, the server’s time zone and how orders are filled, at no cost.
Words you will meet
Hedging account
Can hold several positions on one symbol at the same time.
Netting account
Merges all the positions on a symbol into one.
Raw-spread account
A spread close to the market’s, with a commission per lot instead.
Symbol suffix
Letters a broker adds to a name, such as the .m in XAUUSD.m.
See the brokers we work with, then back-test the Expert Advisor on your chosen broker’s data.