Multi Brokers Test #3

There is a strange thing when watching the results of testing several brokers.  

Seen in the picture below RoboForex and InstaForex is a broker that gives the smallest gains and very different from other brokers.

In order to know the cause, here below than trades history VantageFX and InstaForex:

History of trades is only selected entry using 0.01 lots to facilitate research.

Seen in VantageFX, entry with 0.01 lots generate profit 34 pips then the value of USD is also 3.4. Thus concluded that by using 0.01 lots then 1 pip = $ 0.1. Therefore profit 34 pips profit generated $ 3.4 and $ 2.8 produces 2.8 pips. 

While on InstaForex, entry is 0.01 lots with 35 generating profit $ 0.35 and not $ 3.5 as at VantageFX above. Thus concluded that this is a micro account  / mini account and not a standard account as in VantageFX above. 

To calculate Instaforex so the results can be comparable with another broker then must be multiplied by 10. This is the opposite of a broker that uses 0.1 lots which must be divided by 10 first so that results can be compared. 

As for RoboForex, the results are as follows:

Visible results are similar to VantageFX RoboForex the entry with 0.01 lots at 35 pips profit generating $ 3.5. Thus concluded that the account on RoboForex is a standard account and not a mini / micro accounts as well as on InstaForex and not need to multiplied by a value of 10.

Thus the correct comparison is based on the image above is as follows: 
- ECNProFX_STD           +1.45%   =>    +1.45%     =    $ 72.54 
- RoboForex                     +0.49%   =>    +0.49%     =    $ 24.44 
- InstaForex                      +0.17%   =>    +1.70%     =    $ 86       (multiplied 10 - mini account) 
- FxPro                            +16.97%    =>    +1.69%   =    $ 84.86  (divided 10 - 0.1 lot) 
- VantageFX                     +1.91%    =>    +1.94%    =    $ 95.57 
- Pepperstone_ECN         +1.76%    =>    +1.76%    =    $ 88.15 
- FIGfx                             +1.56%    =>    +1.56%    =    $ 78.08   (divided 10 - 0.1 lot)

Which still a champion is VantageFX followed by Pepperstone ECN. Imagine if this happens in the long run and that is used is the lowest ranked broker, how many pips that lose on brokers spread :)

The question now, why RoboForex far behind than other brokers? Though the comparable calculations are correct. Probably the closest possibility is because very high spreads are applied resulting in the acquisition of any profit to be very minimal.

I better not say much and remain objective, let alone the Blessing EA prove it :)

We look together at the weekend how the overall result of these broker comparison.  

Comparative trial of this broker can be monitored in real time here: ea.andromeda-trading.com