Forex Broker Assessment (FBA) on Order Execution Speed After NFP Release

Source: Fazzaco 2020-06-11

The Nonfarm Payroll figure, as a key economic indicator for the United States, can have an immediate impact on the forex market once it is released by the Department of Labor. Investors worldwide would sit in front of computer screens to determine the best time to execute the trade. Will too many users slow down trading platforms? Will you be affected by unexpected latency? Which platform is your best choice?

Don’t worry. We tested 25 compliant forex platforms, including ACY, FXCM, XM, EightCap, immediately after the monthly NFP report was released. The rankings are listed below.

The line chart is listed below for your reference.

Assessment Method: 2 market execution orders + 3 pending orders (including 1 stop-loss or take-profit order) for each platform, using a real account.

Instrument: EUR/USD

Assessment Tool: Screen recorder App and stopwatch

Assessment Time: 20:30, GMT+8, June 5, 2020

As a regular column of Fazzaco, FBA aims to provide our users with comprehensive information about the performance, NFP transaction, customer service, spread, exchange rate, and overnight interest rate, and other parameters of various platforms in a timely manner, enabling you to have a panoramic view of the forex market.

GAIN Capital

Alpari

Entry Orders

Forex Broker Assessment (FBA) on Order Execution Speed After NFP Release

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