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BV Review: Top 10 brokers with the best trading speed in three markets

2024-04-26 Brokersview

 

In the Forex market, the speed at which a broker trades is of utmost importance to investors. The speed of trading directly affects investors' trading experience and investment decisions.


This article will compare and analyze the trading speed of different brokers to help investors understand the advantages and disadvantages of each broker, so as to make a more informed choice.

 

In order to more intuitively show the trading speed of each broker, we have ranked ten brokers with average trading speed through comparative analysis. Here are the brokers ranked according to their trading speed from fast to slow (ranking is for reference only) :

 

Figure: Below are the top 10 traders for trading speed out of 28 traders, with blue bars representing "average trading speed" in "milliseconds" and orange lines representing "optimal speed" in milliseconds.

 

 

As can be seen from the table, in the Singapore market, Swissquote has the fastest average transaction speed of 296 milliseconds, and the fastest transaction speed can reach 44 milliseconds; The average trading speed of FxPro is relatively slow at 308 milliseconds, and the fastest trading speed can be 103 milliseconds; Decode Global has an average transaction speed of 319 milliseconds and a maximum transaction speed of 269 milliseconds. The optimal speed was 64 milliseconds achieved by MHMarkets.

 

 

In the Dubai market, Swissquote has the fastest average transaction speed of 207 milliseconds, and the fastest transaction speed can reach 155 milliseconds. Decode Global's average transaction speed is relatively slow, at 268 milliseconds, and the fastest transaction speed is 218 milliseconds. TMGM has an average transaction speed of 293 milliseconds and a maximum transaction speed of 236 milliseconds. The best speed was 150 milliseconds for FxPro and 151 milliseconds for Swissquote.

 

 

In the Frankfurt market, Swissquote has the fastest average transaction speed of 81 milliseconds and the fastest transaction speed of 44 milliseconds; Decode Global's average transaction speed is relatively slow, at 117 milliseconds, and the highest transaction speed is 103 milliseconds. TMGM has an average transaction speed of 157 milliseconds and a maximum transaction speed of 102 milliseconds. The optimal speed was 44 milliseconds achieved by Swissquote and 53 milliseconds achieved by FxPro.

 

Investors can choose the right broker to invest in according to their needs and preferences.

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