It’s More Than Just Leverage: Focusing on Execution Quality
For an effective Gold EA strategy, the broker is your most critical partner. Beyond high leverage (1:500+), you must assess the broker’s commitment to high-speed execution.
Three Key Broker Criteria for the XAU MASTER
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Low Spreads: Since the XAU MASTER uses an intraday strategy, low spreads on XAUUSD (Raw Spread/ECN accounts) directly increase profitability. High spreads erode the small gains of frequent trades.
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Minimal Slippage: Slippage occurs when the trade is executed at a different price than requested. A reliable broker minimizes slippage, which is vital for maintaining the integrity of the EA’s predefined Stop-Loss (SL) and Take-Profit (TP) levels.
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Regulation and Trust: Only use brokers regulated by tier-1 bodies (e.g., FCA, ASIC). This protects your funds and ensures fair execution practices for your Automated Trading.
The XAU MASTER’s verifiable performance depends on the quality of execution provided by your broker.