Hi,
I'm trying out an EA on a live account using nanolots (I don't trust demo trials, they often give too different results than on a live account). However, my EA makes lots of trades (as I'm trying it on a lot of pairs at the same time), around 500 opens and closes per hour.
Now, I get a message from my broker saying that I'm doing too many trades and I'm overloading their servers. I can understand this, obviously 500 trades per hour is a lot :-).
However, I'm paying the spread per trade, so I wonder why they have a problem with it. If I do 1 trade per hour, they get one spread per hour; if i do 500 trades per hours, they get the spread 500 times.
My only guess is that their running cost (i.e. the cost of their servers) is higher than what my nanolot trades bring in on spread. If this is the case, I guess they wouldn't complain if I trades 500 standard lots per hour, but this is 'a bit' out of my reach at the moment ;-).
Anybody have some insight on this? Why do brokers object that I trade a lot, if each trades brings in some spread?
Thanks!
I'm trying out an EA on a live account using nanolots (I don't trust demo trials, they often give too different results than on a live account). However, my EA makes lots of trades (as I'm trying it on a lot of pairs at the same time), around 500 opens and closes per hour.
Now, I get a message from my broker saying that I'm doing too many trades and I'm overloading their servers. I can understand this, obviously 500 trades per hour is a lot :-).
However, I'm paying the spread per trade, so I wonder why they have a problem with it. If I do 1 trade per hour, they get one spread per hour; if i do 500 trades per hours, they get the spread 500 times.
My only guess is that their running cost (i.e. the cost of their servers) is higher than what my nanolot trades bring in on spread. If this is the case, I guess they wouldn't complain if I trades 500 standard lots per hour, but this is 'a bit' out of my reach at the moment ;-).
Anybody have some insight on this? Why do brokers object that I trade a lot, if each trades brings in some spread?
Thanks!