NO. We took this into consideration at the time when we decided to launch this software to publicly and we invested in creating a video course through which we explained the basic concepts needed to use the software.

In addition, the software automates most operations.

What you have left to do is to go through the video course, make sure you understand how it works and test it with as many brokers.

Once you have purchased the software, the necessary investment is the VPS (Virtual Private Server) on which the software will run: depending on performance it can cost between 50 and 200 eur / month. At 70 eur / month you can purchase a VPS that you can run 2 brokers at the same time.

In addition, the deposits in the accounts that you will create with the brokers means blocked money (not lost).

The minimum deposits depend from one broker to another broker and start from 100 euros up to 1000 euros. We recommend investing the minimum amounts especially if you are at the beginning.

This soft is just one of the ones that our company has developed and we have used in the last 4 years with very good results.

Due to the type of strategy that it uses (arbitrage) this type of software also has certain limitations such as for example the fact that it cannot trade with very large amounts of money like hundreds of thousands and millions (for which we have other software).

It is precisely because of this limitation that we consider to be a software that is very well suited to the general public who can make transactions of the order of thousands and tens of thousands of euros.

1. At the executive level, the software has a logic that reduces the risk of loss to a minimum. We also recommend that the testing to be performed with the minimum possible values, an aspect that will guarantee that any eventual losses on transactions are maximum several tens of euros.

2. Higher losses can be recorded if the software is not set properly or is not monitored for long periods of time, but even in this case the losses are controlled by the parameters that are initially set.

3. Multiple testing can lead to losses. Finding the right brokers can be a risk factor. If several brokers are tested without results (either that those brokers do not offer arbitrage possibilities, or that is a period when the market itself does not offer arbitrage possibilities, or that the user did not set the software correctly), it can lead to several losses like tens of euros for each broker tested.

Our current users of the software who shared the results with us, have managed to earn in 3 months from the start of using the software between 400 and 18000 euros.

Testing on demo accounts strictly has the role of getting used to the software parameters, but it does not represent in our view relevant results (whether they are profits or losses). The profits of those who use it are real profits, with real money.

Deposit to broker of 200 euros, VPS of 70 euros for 2 months (until he managed to find a suitable broker), another 40-50 EUR for testing other brokers and the profit after approximate 1 and half months was about 2000 euros.

The necessary updates will be included. We also plan to offer a number of new modules included in the initial price. Some modules may appear for a fee, but their absence will not affect the initial performance of the software.

It’s unlikely. This type of arbitraj is based on a very high speed and therefore it is necessary to run from a VPS located in London.

We offer money back within 10 calendar days after you received the software.

After the expiration of the 12 months of free maintenance, there will be a monthly cost of approximately 20 euros / month. This cost is to keep the software infrastructure functional. The cost may be different, depending on the costs to third parties at that time.

The use of the MT4NitroAbitrage software involves constant work, daily, if you want to obtain a constant profit. You need to look for suitable brokers, you must test, deposit money, withdraw money, change parameters for optimisation, etc. From this point of view, it is harder to scale over the level we reached.

That is why we preferred to develop other strategies that allow us to scale to the level we want. This is also one of the reasons why we release this software to the public (there is often this question).

One feature is to have the best trading conditions. All the necessary conditions are detailed and argued in the video guide.

The profitability can reach even 100% per day but it is not constant. The profitability fluctuates a lot depending on the broker’s infrastructure and the arbitrage opportunities. You can find here a series of results heard through MyFXBook.

The strategy is arbitrage and more precisely is latency arbitrage. In short, the soft compare in real time the prices of the broker you choose (MT4) with the prices of the same instrument (ex: EURUSD) comes from a very fast source.

If there is a sufficiently large difference between the two prices, MT4NitroArbitrage will place the corresponding trade in your MT4 broker.

Very small! Drop Down can occur in 2 situations:

1. When you are still in the testing period. In this case the volumes traded will be minimal and because of this the possible losses will be minimal. From the experience of the persons who using the soft, the tests cost approximately 15-20 euros / broker

2. When you have gone through the testing period and you know that broker is working, so you have already managed to make consistent profits. In this case you will need to constantly check that broker but also use parameters that restrict the placement of transactions if the number of losing trades has exceeded a certain level set by you.

Works only on Windows. To have a real chance of profit, the software must run from a VPS located in London. In this way is possible to ensure the required reaction speed.

IMPORTANT: Even if the software runs on the VPS with Windows, you can check the trading account directly from your mobile, laptop, desktop (windows, iOS, Android) and you can access the VPS from any location and from any device and any operating system.

In order for an arbitrage strategy to be as efficient as possible, it requires sharp price movements to generate price differences between brokers.

However, a very big and very sudden movements (eg: the massive appreciation of the Swiss franc from February 15, 2015) can lead to radical measures from the brokers side that will affect the clients (meaning us) – a typical measure is the increase of spreads.

MT4NitroAbitrage has several built-in protection modules for situations like this. For example, one of the software parameters sets the maximum value of the spread to which trading is allowed.

In other words, if the broker enlarges the spread and there is still an arbitrage opportunity, MT4NitroAbitrage will not trade that opportunity because the risk of losing would be high, the cause of that is increased spread by the broker.

The license implies the right of use from a single IP.

The VPS on which an instance of MT4NitroArbitrage will run will have a static IP and that IP must be communicated to the Prop-Quant team.

However, multiple instances of the MetaTrader4 platform can run in parallel on a single VPS, depending on the performance of the VPS. This means that more brokers can run on the same VPS.

In addition, Prop-Quant will grant upon request the right to use a license on multiple IPs (VPS).

YES! MetaQuotes is the company that provides a technical solution – MetaTrader4 in this case. From their point of view all software (Expert Advisors) falls into the same product category.

IMPORTANT: Arbitration is perfectly legal, contrary to some media myths.

MT4NitroAbitrage uses latency arbitrage. This means that the trades will take place in a single broker, when the prices of that broker is different from the prices from the quick source of quotations that MT4NitroAbitrage has incorporated.

MT4NitroAbitrage user will have open accounts for several brokers and to test them separately.

MT4NitroAbitrage has built-in position management modules and sets itself the mode of entering trades, of exit, depending on the modality chosen by the user. The modalities are explained in detail in the Video User’s Guide and comes together with the software as a package.

MT4NitroAbitrage cannot be used at the moment on crypto instruments. We may add in the future but we need to find a quick source for listing crypto instruments.

The costs of VPS depend on the performance of the computer (VPS).

Example: A VPS that can run two instances of MetaTrader4 at the same time costs about 70 EUR / month.

Location: Equinix LD4 Data Center, London, UK
– 3.5 GHz (turbo: 3.8 GHz) CPU clock frequency
– 3 VCPU Core
– 5 GB RAM
– 30 GB SSD
– 10GB / sec ultra low latency ASIC network card

The software must run from a VPS that has static IP. If you try to run the software from a dynamic IP then you will have connection problems.

The performance of the VPS is not necessarily correlated with the number of trades. However, a better VPS allows you to run multiple brokers at the same time and gives you a higher speed and thus you can get better results.

No. We are not affiliated in any way with any broker and we do not recommend brokers. The search for brokers it will be your duty.

Brokers write this in the contract to have a way to protect themselves. However, the trandes from an arbitrage strategy are just like any other trandes: the broker offers a price and we express our intention to trade on that price.

We offer several sites where you can find many brokers. These lists are provided to help users find brokers. These lists are by no means a recommendation of brokers from the Prop Quant team.