Selecting Right Broker for FAP TURBO

While I am anxious about testing FAP TURBO, I left my computer on Sunday to work overnight. In the morning I understood I did not need to do so..

It would be enough to start MetaTrader 4 in the morning, cause FAP TUBRO requested to active the robot. And there I stuck to my first question:

What broker I should use?

Question might be simple, but.. There are some aspects on selecting the broker, even for DEMO account, cause if you test broker on DEMO account, you should use the same broker for your LIVE account, too. These are major indicators of good broker:

1. spread rate on currency pairs we will use. After review of some major brokers, I found that the common rates are:
   • EURUSD – 2 or 3 pips
   • USDCAD – from 3 to 5 pips
   • EURCHF – from 3 to 5 pips
   • GBPCHF – 7 pips
   • EURGBP – from 2 to 5 pips
2. reliability – if currency rates are provided to you at right time with no delay, and if they complete orders at your specified point without slippage (about this you should read on forums);
3. minimum deposit (usualy it starts from 50$);
4. minimum contract size – it is very good to have small contract size in the begging, when you want to test your robot LIVE;
5. how long it operates (more longer, more information available about quality).

I found an answer to my question and after work I activated my FAP TURBO autopilot robot. Now I am waiting for my first trade on DEMO account.

I am ashamed a little, cause after activation I understood what mistake I just did. I activated DEMO account, which was created for monthly contest… and this contest is going to end this week. So, I guess I will be able to test FAP TURBO autopilot robot only for 4 days (unless I will enable trading on Friday, which is disabled by default). Do not repeat this mistake, cause you can activate FAP TURBO for DEMO account only once! Now You can activate DEMO accounts unlimited times!

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