Reply To: Should we trade during Non Farm Payrolls?

  • Samuel Junghenn

    Organizer
    August 6, 2022 at 4:38 am

    Yes Go Markets overall is great conditions this is why we have worked with them for the last 4 years.

    Freezing can happen around big events like NFP on all brokers because all the algorithms kick in and start hammering brokers.

    We have considered this for our traders and discussed at a number of times. What it comes down to is that we don’t have control over the trading conditions on the broker, the same as the broker doesn’t have control over their liquidity providers.

    If a funded trader loses because of something that happens on the broker, we also lose. So it’s in our best interest to try and get the situation rectified if something happens to a trade. Sometimes we can get trades adjusted where it is in the brokers control and sometimes we can’t.

    Also keep in mind MT4 is 20 years old, MT5 can be more stable and have better execution in most cases.