Broker Arbitrage Review

broker-arbitrage

Welcome to my Broker Arbitrage review. I was slightly sceptical about reviewing this forex robot because I do not believe in arbitrage systems and think that not only can they be unfair on forex brokers (oh the irony?!) but they also don’t often fly under the radar and go unnoticed by brokers, that’s if they even manage to turn profit in the first place due to factors such as spreads and execution which such systems rely heavily on. Many arbitrage trading systems will show good results on demo account but not on live accounts.

Broker Arbitrage MyFxBook Statistics Overview
Broker Arbitrage MyFxBook Statistics Overview

Broker Arbitrage Trading Strategy

Arbitrage is a term used loosely in the name of this one because it is not literally doing HFT (High Frequency Trading) on the levels the quants do – that would be impossible using a normal internet connection and a trading platform such as MetaTrader 4.

This forex robot will wait for an entry opportunity according to its algorithm and opens trades on multiple currency pairs on the 1 minute time frame. They are then closed quickly to try take advantage of the small price differences.

It uses a stop loss, take profit and trailing stop. It also tries to adapt depending on the broker that you are using it on so it can study slippage (execution) and spreads then adjust accordingly.

Broker Arbitrage MyFxBook Verified Results
Broker Arbitrage MyFxBook Verified Results

Broker Arbitrage Back Testing

Due to the nature of arbitrage systems it is not actually possible to back test them so there are no back tests published on the website.

Broker Arbitrage Live Results

To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.

Broker Arbitrage Summary

Overall, I would personally avoid using this particular forex robot. I find that it is too risky for my personal taste. I have conducted many forex robot reviews and there are alternative options that I would prefer over this EA. It does however come with instructions, full support and a money back guarantee.

Broker Arbitrage

$497
2

Functionality

1.0/10

Usability

4.0/10

Versatility

1.0/10

Features

  • EURUSD, USDCHF, GBPUSD, AUDUSD, NZDUSD, EURJPY, USDJPY
  • 1 Minute Timeframe
  • 1 License
  • 60 Day Money Back Guarantee
  • Full Support
  • Lifetime Updates
  • Detailed Instructions
  • Fully Automated Forex System
  • Arbitrage Trading Strategy
  • MetaTrader 4