Bitcoin Wizard, Brokers Spread Comparison
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Bitcoin Wizard, Brokers Spread Comparison

7 February 2024, 02:49
Sugianto
Sugianto
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NOTE : Setfile can be downloaded at the bottom of this blog
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 at the following website. 

New rule Section IV.3 of the Market Rules. According to the update, products must not use links or images of awards, certificates or testimonials related to any trading achievements from brokers or other third-party companies.

If you want a list of brokers with low spreads, please contact me via Private Message


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.