Bitcoin Wizard, Brokers Spread Comparison

Bitcoin Wizard, Brokers Spread Comparison

7 February 2024, 02:49
Sugianto
1
913
When I first heard about Bitcoin, Bitcoin was already priced at 1 coin = 1000$, at that time I said "wow..it's very expensive, who wants to buy it?", because at that time Bitcoin was still experiencing many pros and cons, and now bitcoin is valued at 43k/coin.

Ok, it's too late to regret it, and now mining Bitcoin also very expensive, so the only cheapest way to make a profit from Bitcoin is to trade Bitcoin.

Bitcoin Wizard is a scalping type Expert advisor so differences in spread between brokers will greatly affect its performance.  BTC spreads that exceed 1200 points will cause profits to get smaller and losses to get bigger
So it is very important to get a forex broker with competitive spreads to get optimal results.

You can get a broker with attractive spreads through recommendations from the Myfxbook website. 

link to brokers that provide competitive spreads: myfxbook.com/forex-broker-spreads/ic-markets/2320,11817

ICM Test Account : myfxbook.com/members/sugifx168/bitcoin-wizard/10706824

btc

How to get the Best Spread

spr1

1. Go to myfxbook.com

2. Select forex spread

spr2

1. Go to symbol and broker filter

2. Tick BTCUSD

3. Select the broker

spr2

And the final result will show broker spread for BTCUSD, make sure to select broker with spread <1200 point

ex1

ex2

NOTE :

Base on my experience on weltrade broker its very important to get good results during the backtest, that is the first sign that the broker has good potential for bitcoin wizard to work well.
After that I did a live trade with the minimum deposit possible to see if there was a difference with the backtest and it turned out that the backtest and real trade showed the same results.




























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