Outpacing the Competition: Spotting the Fast and Stable Performers Among 32 Brokers

The BV Assessment column recently conducted a comprehensive evaluation of 32 platforms in Singapore, focusing on six core indicators: trading speed, stability, liquidity, spread, slippage, and overnight interest. In this article, we will delve into the evaluation results of execution speed and stability for these platforms.

Comparison in Trading Speed

The trading speed of a platform serves as a crucial gauge of the local network environment and the trading server environment. It provides insights into the network conditions, execution efficiency, and the liquidity of the trading server, which has a significant impact on the occurrence of slippage. To enhance trading speed for customers, brokers not only deploy multiple sets of servers globally but also establish connections with liquidity providers offering better liquidity and faster execution speed.

(Figure 1)

Figure 1 displays the top 10 brokers in terms of trading speed out of the 32 brokers evaluated. The blue column represents the "average trading speed" in milliseconds, while the orange line represents the "optimal speed" in milliseconds.

From Figure 1, it's clear that EightCap has the best average trading speed, enabling it to complete orders in the shortest time. Exness and ActivTrades are closely trailing behind EightCap in terms of average trading speed. The top speed is achieved by Exness at 79 milliseconds, while EightCap’s optimal speed is 94 milliseconds, demonstrating its superior trading speed compared to most brokers.

Comparison in Stability

How can the stability of a broker be assessed? Typically, we gauge stability by considering the frequency of disconnections between the local MT4/5 terminal and the trading server, as well as the time it takes to reconnect after being disconnected. This metric holds significant importance, particularly during volatile market fluctuations, as a platform with poor stability can lead to customers missing out on numerous trading opportunities.

(Figure 2)

Figure 2 illustrates the top 10 most stable brokers out of the 32 brokers. The orange line denotes the "average number of disconnections per day", measured in "times", while the green curve represents the "average reconnection time", measured in "seconds".

Figure 2 clearly indicates that FxPro and Avatrade both exhibit the lowest "average number of disconnections per day" at 0.0 times, and their "average reconnection time" is also notably shorter than other brokers, at 6 seconds and 4 seconds respectively. Consequently, these two brokers rank among the top two in terms of stability. Although Exness boasts the shortest "average reconnection time" of only 3 seconds, its "average number of disconnections per day" is 0.2. When both indicators are considered, it ranks fourth in terms of stability.

Based on the above data, apart from excelling in trading speed and stability, a top-tier broker should bolster its overall capabilities and offer traders a valuable experience. This is the key to gaining popularity and achieving success in the market. That’s it for this sharing and we trust that the BV Assessment can provide you with valuable insights. Our next assessment will encompass additional indicators, more brokers, and a wider range of areas, so stay tuned! If you have a specific broker in mind that you'd like us to test, or if you'd like your broker to be included in the review, please feel free to reach out to us.