Anyone use arbitrage bot?

Mar 28, 2017 at 06:41
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6 Replies
Member Since Mar 28, 2017   2 posts
Mar 28, 2017 at 06:41 (edited Mar 28, 2017 at 02:02)
Hello

I am new to fx world.
I heard this world has a automatic make money machine such as bot.
Is it really?
Can not find any results after 2015 about arb.

What do you think about arb? is it exist or nobody want to talk?
Member Since Feb 12, 2016   522 posts
Mar 28, 2017 at 12:08
Hello,
It is possible to use latency arbitrage between 2 brokers: one with stable and fast pricing and second with higher filtration of the pricing. Once arbitrage events occurs, the EA send order either for buy or sells.

The difficult part is to find the broker that would accept your orders, because most of them are MM and a good dealer will catch your trading style on the first few trades and your account would either banned or closed. I used to found before free EA's for the arbitrage trading designed for MT4 terminal but was not very profitable.

Have in mind - no broker likes arbitrage :)
Member Since Nov 14, 2015   325 posts
Mar 28, 2017 at 12:20 (edited Mar 28, 2017 at 12:20)
It is almost impossible to win arbitrage that actually beats the spread on MM. Brokers are not working like they did 10 years ago, where you had huge delays allowing you to win several pips around news.
Member Since Mar 28, 2017   2 posts
Mar 28, 2017 at 12:57
Thanks for reply Baldo / stian.
I searched for web and got some information And read much times which Fx arb is not easy and have not much chance to win.
And almost brokers will ban me too.
But I want to double check by my hand so contacting some bot makers like this website.
https://www.pointzero-trading.com/Products/view/PZArbitrageEA
Member Since Aug 10, 2012   68 posts
Mar 29, 2017 at 02:38
jiyoppi posted:
Thanks for reply Baldo / stian.
I searched for web and got some information And read much times which Fx arb is not easy and have not much chance to win.
And almost brokers will ban me too.
But I want to double check by my hand so contacting some bot makers like this website.
https://www.pointzero-trading.com/Products/view/PZArbitrageEA

Only a few brokers keep to their words about allowing arbitrage, even tickmill says they permit it but after few wins they just add slippage plugin to your account.

Best deal is to make the much u can and just withdraw.
......Keep On Swinging!
Member Since Feb 12, 2016   522 posts
Mar 29, 2017 at 12:56 (edited Mar 29, 2017 at 12:58)
jiyoppi posted:
Thanks for reply Baldo / stian.
I searched for web and got some information And read much times which Fx arb is not easy and have not much chance to win.
And almost brokers will ban me too.
But I want to double check by my hand so contacting some bot makers like this website.
https://www.pointzero-trading.com/Products/view/PZArbitrageEA

Hello jiyoppi,
My opinion is do not waste time and money with the link you posted above. I have a quick look over the first video and the account seems pretty much to be demo, not live.

Have in mind that no broker will allow someone to use arbitrage (this is a kind of stealing from the broker using their weak points), because this would means that the broker make you gift.

Nevertheless, if you would like to dig deeper, check the link below. This might be helpful with EA's and also free of charge.

https://www.forexbrokerz.com/forex-arbitrage

I hope this would be helpful for you. :)
Member Since Apr 18, 2017   920 posts
May 06, 2017 at 06:45
To be honest, automatic trading is not any permanent solution, I have used almost all of automatic trading services but same result in everywhere! In addition, now I do manual trading, it’s a long time journey and the result in every stable! Such as, when I opened my live account then my initial target was only 5% but now it’s around 12-15%, and I don’t need to rely on others that’s the most important part here!
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