order execution comparison table... Votes Results
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order execution comparison table... Discussion
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willgart

Member Since Aug 20, 2011  284 posts willgart Jan 22 at 01:53
Hi,

like the spread comparison.
an order execution comparison table will be incredible for us.

we can'T test all the brokers...
but a table updated every hour for example could be good.

I talk here about real order execution speed from the time MT4 do the ordersend command until it was accepted and confirmed by the broker.
So this include network latency.

so... if the latency is also displayed, we can have a excellent idea of the real order execution speed

for example:
open order takes 600ms with a latency of 80ms; so the broker execution speed is between 440ms and 520ms

if we have the latest values, and average values for a week or a month, we can find which one has a good stability.

Staff
Member Since Jul 31, 2009  1049 posts Ethan (Staff) Jan 22 at 08:40
willgart, this is actually impossible to track as you would need to constantly open and close real trades in order to measure these metrics. Moreover, those metrics will most likely increase (for the worse) as the position size increases, so you would have to open trades with different position sizes across all brokers in order to collect the complete data.

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willgart

Member Since Aug 20, 2011  284 posts willgart Jan 22 at 13:29
at least opening buy stop and other positions like this could be good.
I'm doing this by placing some orders and modifying them multiple times.

another way to accomplish this is to provide a section in the site where the myfxbook users can share this. (you can provide an EA doing the test and collect the results in your site, so the users who want to participate, just run the EA...)

maybe you have some ressources / stats to share talking about order execution speed?

Staff
Member Since Jul 31, 2009  1049 posts Ethan (Staff) Jan 23 at 15:25
Are you getting the same execution times with orders and trades? Those are most likely to differ, which would miss the point of measuring execution times.

Please correct me if I'm wrong.

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