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Uncovering the Quickest Trading Speeds in Brokerage Through BV Assessment

2023-11-28 BrokersView

 

Trading speed is directly tied to the ability to execute trading orders and close positions promptly. The faster the trading speed, the closer traders can get to their desired levels. Trading styles such as scalping and short-term trading, which aim to quickly capitalize on spreads, place exceptionally high demands on the trading speed of platforms.

 

BrokersView conducted a review of 19 brokers in October to assess their trading speed performance in Singapore, Dubai, and Frankfurt. Let's take a look at how these brokers fared in terms of trading speed. (Please note that the data presented is based on real trading orders of EURUSD.)

 

BV Trading Speed Ranking List · Singapore

 

 

NO.1: EightCap, with an average trading speed of 224 ms and a best trading speed of the month of 169 ms.

 

NO.2: ActivTrades, with an average trading speed of 240 ms for the month.

 

NO.3: Swissquote, with an average trading speed of 302 ms for the month.

 

On the other hand, VT Markets, Avatrade, and Tickmill were identified as the three worst performers in terms of trading speed. Among them, VT Markets exhibited the slowest trading speed, with an average of 680 milliseconds.

 

BV Trading Speed Ranking List · Dubai

 

 

NO.1: ActivTrades, with an average trading speed of 166 ms and a best trading speed of the month of 146 ms.

 

NO.2: Tickmill, with an average trading speed of 257 ms.

 

NO.3: Swissquote, with an average trading speed of 293 ms.

 

The three platforms with the lowest trading speed in Dubai are Avatrade, Doo Prime, and WeTrade. Among them, Avatrade is the slowest platform, with an average trading speed of 695 ms.

 

BV Trading Speed Ranking List · Frankfurt

 

 

NO.1: ActivTrades, with an average trading speed for the month of 49 ms, a best trading speed of 28 ms and a worst speed of 104 ms.

 

NO.2: Swissquote, with an average trading speed of 67 ms.

 

NO.3: FxPro, with an average trading speed of 112 ms.

 

The worst performing platforms in terms of trading speed in Frankfurt are Avatrade, Doo Prime, and ACY Securities, with speeds of 567 ms, 564 ms, and 559 ms, respectively.

 

Comprehensive Review

 

 

In October, ActivTrades emerged as the platform with the fastest trading speed, while Avatrade lagged behind as the slowest. Among the 19 brokers reviewed, ActivTrades claimed the top spot on two lists and secured the runner-up position on one. Swissquote also secured a high position in all three lists.

 

In contrast, Avatrade showed slower trading speeds and consistently ranked at the bottom of all three lists. Overall, among the three locations reviewed, these brokers demonstrated the best trading speed performance in Frankfurt.

 

To access more trading test data for brokers, please follow the BrokersView Assessment section.

 

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