> Are listed here the best performing brokers/accounts when using Captain Algorithm - according to our trading statistics, experiences and sentiments when taking into account the overall trading conditions (spread and execution) and the costs of trading (margin requirement and commissions).

Best Micro Account (Cent)


1



Account type : Cent

Account name : Pro-Cent

Leverage : 500

Account rating : Very good

Initial equity : 500 USD

Average Spread : 15 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : IFSC Belize

Segregated account : Yes

Investor protection : Yes (by The Financial Commission)

Cashback : Yes (2 USD per traded lot)

Unavailable for residents of : USA, Canada, Japan and Australia.

 

2



Account type : Micro

Account name : Micro - MetaTrader 4

Leverage : 500

Account rating : Very good

Initial equity : 500 USD

Average Spread : 12 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : No

Segregated account : Yes

Investor protection : No

Cashback : Yes (2 USD per traded lot)

 

3



Account type : Micro

Account name :

Leverage : 500

Account rating : Very good

Initial equity : 500 USD

Average spread : 20 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : ASIC

Segregated account : Yes

Investor protection : Yes (by ASIC)

Cashback : Yes (2 USD per traded lot)

 


Best Standard Account


1



Account type : Standard

Account name :

Leverage : 500

Account rating : Good

Initial equity : 5,000 USD

Average spread : 5 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : IFSC Belize

Segregated account : Yes

Investor protection : Yes (by The Financial Commission)

Cashback : Yes (2 USD per traded lot)

Unavailable for residents of : USA, Canada, Japan and Australia.

 

2



Account type : Standard

Account name :

Leverage : 500

Account rating : Good

Initial equity : 5,000 USD

Average spread : 5 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : ASIC

Segregated account : Yes

Investor protection : Yes (by ASIC)

Cashback : Yes (2 USD per traded lot)

Unavailable for residents of : Afghanistan, Albania, Belarus, Bermuda, Bosnia And Herzegovina, Central African Republic, Crimea and Sevastopol, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Egypt, Eritrea, Former Federal Republic of Yugoslavia, Guinea-Bissau, Iran (countermeasures also in place for Iran), Iraq, ISIL (Da’esh) and Al-Qaida, Japan, Lebanon, Libya, Montenegro, Myanmar, New Zealand, North Korea, Russia, Serbia, Sevastopol, Sierra Leone, Somalia, South Sudan, Sudan, Syria, The Taliban, The United States, Tunisia, Ukraine, Yemen, Zimbabwe.

3



Account type : Standard

Account name :

Leverage : 500

Account rating : Good

Initial equity : 5,000 USD

Average spread :  5 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : FSA SC

Segregated account : Yes

Investor protection : Yes (by ASIC)

Cashback : Yes (2 USD per traded lot)

Unavailable for residents of : USA

 


Best ECN Account


1



Account type : Standard

Account name :

Leverage : 500

Account rating : Good

Initial equity : 5,000 USD

Average spread :  5 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : FSA SC

Segregated account : Yes

Investor protection : Yes (by ASIC)

Cashback : Yes (0.5 USD per traded lot)

Unavailable for residents of : USA

 

2



Account type : Standard

Account name :

Leverage : 500

Account rating : Good

Initial equity : 5,000 USD

Average spread : 5 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : ASIC

Segregated account : Yes

Investor protection : Yes (by ASIC)

Cashback : Yes (2 USD per traded lot)

Unavailable for residents of : Afghanistan, Albania, Belarus, Bermuda, Bosnia And Herzegovina, Central African Republic, Crimea and Sevastopol, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Egypt, Eritrea, Former Federal Republic of Yugoslavia, Guinea-Bissau, Iran (countermeasures also in place for Iran), Iraq, ISIL (Da’esh) and Al-Qaida, Japan, Lebanon, Libya, Montenegro, Myanmar, New Zealand, North Korea, Russia, Serbia, Sevastopol, Sierra Leone, Somalia, South Sudan, Sudan, Syria, The Taliban, The United States, Tunisia, Ukraine, Yemen, Zimbabwe.

3



Account type : Standard

Account name :

Leverage : 500

Account rating : Good

Initial equity : 5,000 USD

Average spread : 5 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : IFSC Belize

Segregated account : Yes

Investor protection : Yes (by The Financial Commission)

Cashback : Yes (2 USD per traded lot)

Unavailable for residents of : USA, Canada, Japan and Australia.

 


Best Indices & Stocks Account

1



Account type : Standard

Account name :

Leverage : 500

Account rating : Good

Initial equity : 5,000 USD

Average spread :  5 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : FSA SC

Segregated account : Yes

Investor protection : Yes (by ASIC)

Cashback : Yes (0.5 USD per traded lot)

Unavailable for residents of : USA

 

2



Account type : Standard

Account name :

Leverage : 500

Account rating : Good

Initial equity : 5,000 USD

Average spread : 5 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : ASIC

Segregated account : Yes

Investor protection : Yes (by ASIC)

Cashback : Yes (2 USD per traded lot)

Unavailable for residents of : Afghanistan, Albania, Belarus, Bermuda, Bosnia And Herzegovina, Central African Republic, Crimea and Sevastopol, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Egypt, Eritrea, Former Federal Republic of Yugoslavia, Guinea-Bissau, Iran (countermeasures also in place for Iran), Iraq, ISIL (Da’esh) and Al-Qaida, Japan, Lebanon, Libya, Montenegro, Myanmar, New Zealand, North Korea, Russia, Serbia, Sevastopol, Sierra Leone, Somalia, South Sudan, Sudan, Syria, The Taliban, The United States, Tunisia, Ukraine, Yemen, Zimbabwe.

3



Account type : Standard

Account name :

Leverage : 500

Account rating : Good

Initial equity : 5,000 USD

Average spread : 5 points (floating)

Commission : No

Negative balance protection : Yes

Regulation : IFSC Belize

Segregated account : Yes

Investor protection : Yes (by The Financial Commission)

Cashback : Yes (2 USD per traded lot)

Unavailable for residents of : USA, Canada, Japan and Australia.

 


Important Points


> Important point 1 : the provided ranking is for informative purpose i.e. it is up to the end users of Captain Algorithm to choose the mentioned brokers or not. Users of Captain Algorithm are free to choose any other brokers that may be better fit.

 

> Important point 2 : all the mentioned brokers also offer a free demo version of their MT4 trading terminal - although not all of them offer a demo for Micro accounts - the users are free, if not invited, to test for themselves how Captain Algorithm performs with the mentioned brokers.

 

> Important point 3 : the ranking has been compiled based on trading statistics, experiences and sentiments of the development team of Captain Algorithm. As such the provided information shall not be construed as an implication of future performances when using Captain Algorithm with the ranked brokers/accounts.

 

> Important point 4 : the ranking is temporary and is susceptible of being changed in time as new trading statistics are being received by Captain Algorithm and the user base of Captain Algorithm is getting broader.

 

> Important point 5 : Captain Algorithm is partnering (i.e. as an introducer) with the mentioned brokers and as such will receive a monetary compensation for the trades made by the users should the latter have opened a trading account with the mentioned brokers through Captain Algorithm.

 

> Important point 6 : Should the user have decided to open a trading account with one of the ranked brokers through Captain Algorithm, then the user is entitled to receive promotional offers by Captain Algorithm. For more information, please click on Promotion 1 or Promotion 2.

 

> Important point 7 : Standard/ECN account will generally have a lower rating by Captain Algorithm than Micro (Cents) account for the ratio of the initial equity by the minimum volume of trade allowed is less favorable - the minimum volume of trade allowed being 100 times higher in Standard/ECN accounts than in Micro (Cents) accounts.

 

> Important point 8 : For questions about the characteristics of the different types of accounts please refer to this page.


THUMB RULES

 

> The lower the spread the better.

 

> The higher the leverage the better.

 

> The higher the amplitude of fluctuation of the traded symbol over time the better.

 

> Select the account type (Standard/ECN or Micro) according to your initial investment and risk aversion despite the fact that Standard/ECN accounts will always offer better spread conditions.

 

> A Micro (Cents) account will always be safer but generally not as profitable as Standard/ECN account.

 

> If you are going to trade with a Micro (Cents) account it is strongly recommended that you give suit to our cashback offer in order to add a revenue stream to your trading. To know more, please click here.