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Thread: Do brokers know our EA details used on MT4

  1. #1
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    Default Do brokers know our EA details used on MT4

    I read somewhere that brokers using mt4 are able to know the program of the EA working on the platform.
    Is it real ?
    thks

  2. #2

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    Quote Originally Posted by Tradator View Post
    I read somewhere that brokers using mt4 are able to know the program of the EA working on the platform.
    Is it real ?
    thks
    i'm very interested to know how does brokers know what EA we are using too

  3. #3
    Member jverho's Avatar
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    Originally Posted by Tradator
    I read somewhere that brokers using mt4 are able to know the program of the EA working on the platform.
    Is it real ?
    thks
    Brokers use special software to manipulate MT4. This software can manage and 'adjust' slippage, requotes etc... remember MT4 was developed for BROKERS not for traders, and the revenue comes from them!

  4. #4

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    Quote Originally Posted by jverho View Post
    Brokers use special software to manipulate MT4. This software can manage and 'adjust' slippage, requotes etc... remember MT4 was developed for BROKERS not for traders, and the revenue comes from them!
    the "software" you talking about that brokers use to manipulate slippages, requotes etc, is it part of MT4 or it's a third party software?

    the "software" aside, is MT4 built on trader or broker side? or neutral?

  5. #5
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    I believe what brokers see is only the comment of the EA, if there's one.
    Regarding the software helping them to manipulate your trades, I also believe it's not a third party software but rather a part of the MT4 dealing terminal.

  6. #6

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    I do not think that brokers can see our EA details, at least I hope they don't))))))

Tags for this Thread

brokers, metatrader, mt4, real, slippage

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