🏦Broker Compatibility

BananaEA is designed to work seamlessly with major MetaTrader 4 brokers worldwide. This guide helps you choose the right broker and ensure optimal performance.

🔥 Latest Optimization Sets: Download broker-specific optimization sets from https://my.itradeaims.net/latest-optimization-sets/

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📋 Quick Navigation

• What Makes a Broker Compatible?

• Broker Risk Classification

• Recommended Brokers

• Prop Trading Platforms

• Safety Testing Protocol

• Broker Specification Check

• Emergency Actions

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🎯 What Makes a Broker Compatible with BananaEA?

BananaEA works with any MT4 broker, but performance varies significantly based on:

✅ Critical Compatibility Factors

1. Standard Contract Specifications

• MODE_LOTSIZE = 1.0 (standard for most pairs/indices)

• Accurate tick data for backtesting

• Consistent spread values during trading hours

2. Symbol Naming Conventions

• Standard symbols: EURUSD, DE40, US30, GBPUSD

• Custom suffixes supported: EURUSD.r, DAX40.c, GER40

• BananaEA v3.11.2+ includes enhanced symbol recognition

3. Execution Quality

• Low slippage on market/pending orders

• Reliable stop-loss/take-profit execution

• Minimal requotes during high volatility

4. MT4 Platform Stability

• Stable server connections during trading hours (08:00-20:00 CET)

• Clean historical data for Strategy Tester

• Professional API for EA communication

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⚙️ BananaEA Version Requirements

Current Production: v3.11.2+

Enhanced Broker Compatibility Features:

• ✅ All compatibility issues resolved: FTMO, CMC Markets, prop trading platforms

• ✅ Enhanced Symbol Recognition: Works with all broker symbol formats

• ✅ Professional Interface: Revolutionary AUTO/MANAGE toggle

• ✅ Universal prop firm support: FundedNext, FTMO, MyFundedFX, and more

Recommended: Always use v3.11.2-Production or later for optimal broker compatibility.

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🎯 Broker Risk Classification

🟢 FULLY COMPATIBLE - Recommended Brokers

✅ Top-Tier Retail Brokers (Battle-Tested):

• ✅ Pepperstone - Our development broker since 2014 👉 Read full review

  • Institutional-grade data quality

  • Razor-tight spreads (DAX: 9-10 points typical)

  • 11 years proven reliability with BananaEA

  • All 7,000+ optimization runs executed on Pepperstone servers

• ✅ IC Markets - Extensively tested, professional execution

  • Standard contract specifications

  • Reliable during high volatility

  • Global presence with multiple entities

• ✅ OANDA - Strong track record across all regions

  • Clean historical data for backtesting

  • Consistent spread pricing

  • Professional MT4 infrastructure

• ✅ XM - Popular choice for international traders

  • Good execution quality

  • Multiple account types supported

  • Reliable order management

✅ Prop Trading Platforms (v3.11.2+ Fully Compatible):

• ✅ FTMO - Complete compatibility (all login issues resolved)

• ✅ MyFundedFX - Thousands of successful users

• ✅ City Traders Imperium - Professional interface supported

• ✅ The5%ers - Enhanced symbol recognition active

• ✅ E8 Markets - Full compatibility confirmed

• ✅ Apex Trading - Standard specifications work perfectly

What makes them "fully compatible":

• Standard MODE_LOTSIZE = 1.0 contract specifications

• Clean tick data for accurate backtesting

• Reliable execution during volatile market conditions

• Professional MT4 server infrastructure

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🥇 Recommended Brokers

Our #1 Choice: Pepperstone (No Affiliation)

Why we've used Pepperstone exclusively since 2014:

• 📊 All BananaEA optimization reports run on Pepperstone UK Edge10

• 💰 €83,247 YTD backtest performance achieved on their data

• 🎯 7,064,083 ticks modeled in our 2025 comprehensive analytics

• ⚡ 58.26% modeling quality consistently maintained

• 🔒 Zero broker-related failures across 11 years of development

👉 Read Full Pepperstone Review (Unbiased)

Strong Alternatives

IC Markets - Second choice for global traders OANDA - Excellent for US-based accounts XM - Good for beginners with smaller accounts

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🏆 Prop Trading Platforms Compatibility

BananaEA v3.11.2+ is fully compatible with all major prop trading platforms.

Verified Prop Firms (Zero Issues)

✅ FTMO - Most popular funded trader program

• All login/connection issues resolved in v3.11.2+

• Enhanced symbol recognition works flawlessly

• Thousands of successful users worldwide

✅ MyFundedFX - Rapidly growing platform

• Extensively tested with BananaEA

• Standard contract specifications

• Excellent execution quality

✅ City Traders Imperium, The5%ers, E8 Markets, TopstepTrader

• All fully compatible with v3.11.2+

• Professional interface supported

• Standard EA functionality works perfectly

Special Configuration Notes

⚠️ FundedNext - Requires attention

• CRITICAL: Uses MODE_LOTSIZE = 10.0 (10x standard)

• Requires v3.11.2+ with enhanced broker compatibility

• Test extensively on demo before live trading

Prop Firm Best Practices

1. Always test on demo first - Verify EA behavior matches expectations

2. Start with micro lots - Use 0.01 lot size for first 5-10 trades

3. Monitor risk calculations - Ensure position sizes match your risk settings

4. Check contract specifications - Verify MODE_LOTSIZE = 1.0 (or 10.0 for FundedNext)

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🟡 MEDIUM RISK - Test Before Trading

Regional/Smaller Brokers:

• Verify contract specifications before live trading

• Test with micro lots (0.01) for first 5 trades

• Enable debug logging to monitor calculations

• Check MODE_LOTSIZE value in broker specifications

🔴 HIGH RISK - Special Attention Required

Prop Firms with Modified Specifications:

⚠️ FundedNext:

• CRITICAL: Uses contract size = 10.0 (10x standard)

• RECOMMENDED v3.11.2-Production+ - includes all latest improvements and bug fixes

• Status: Now compatible with latest version

• Required: Test extensively on demo first

⚠️ Similar Prop Firms:

• Any broker with MODE_LOTSIZE > 1.0

• Special contract configurations

• Modified tick specifications

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🛡️ Safety Testing Protocol

Before Trading with ANY Broker:

Step 1: Version Check

✅ Verify BananaEA is latest production version
✅ Check compilation date is October 3, 2025 or later

Step 2: Demo Testing

✅ Test on demo account with identical broker conditions
✅ Start with 0.01 lot size trades
✅ Enable ShowDebugLogs = true
✅ Monitor at least 5 trades

Step 3: Calculation Verification

✅ Check risk amounts match your expectations
✅ Verify position sizes are appropriate
✅ Monitor Expert tab for calculation warnings

Step 4: Live Trading Transition

✅ Start with micro lots (0.01) for first week
✅ Gradually increase to normal lot sizes
✅ Monitor daily for unexpected position sizes

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🔍 How to Check Your Broker

Method 1: Expert Tab Monitoring

Enable debug logging and check for these values:

[BROKER] Contract Size: 1.0 ← Should be 1.0 for most brokers
[BROKER] Tick Size: 0.0001 ← Standard for EUR/USD
[BROKER] Tick Value: $1.00 ← Standard for USD account

Method 2: Manual MarketInfo Check

Add this code to EA or script:

Print("Contract Size: ", MarketInfo(Symbol(), MODE_LOTSIZE));
Print("Tick Size: ", MarketInfo(Symbol(), MODE_TICKSIZE));
Print("Tick Value: ", MarketInfo(Symbol(), MODE_TICKVALUE));

Warning Signs:

• Contract Size > 1.0 (especially 10.0)

• Unusual tick sizes for standard pairs

• Positions larger than expected

• Risk calculations seem wrong

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🚨 Emergency Actions

If You've Been Trading with Older Version:

1. Stop Trading Immediately

2. Check Recent Trades:

   • Were positions larger than expected?

   • Did risk seem higher than settings?

   • Any unusual losses?

3. Update to v3.11.2-Production+

4. Test on Demo before resuming

5. Contact Support if you experienced losses due to this bug

If Positions Are Too Large:

1. Close All Positions Manually

2. Update EA Version

3. Test with Micro Lots

4. Verify Calculations

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📞 Support & Reporting

Report Broker Issues:

• Email: Include broker name, account type, and MarketInfo values

• Logs: Attach Expert tab logs with debug enabled

• Screenshots: Show position sizes and risk calculations

New Broker Validation:

We're actively testing more brokers. Contact support to add your broker to our compatibility list.

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✅ Verified Broker List

Fully Tested & Compatible (v3.11.2-Production+):

Broker	Account Type	Status	Notes
FTMO	Prop Trading	✅ Verified	Thousands of users
IC Markets	Standard	✅ Verified	All account types
FundedNext	Prop Trading	✅ Fixed v3.11.2-Production+	Includes latest improvements
OANDA	Standard	✅ Verified	All regions
Pepperstone	Standard	✅ Verified	Standard specs

Testing in Progress:

• Apex Trading

• MyForexFunds

• The5ers

• TopStep

Your broker not listed? Contact support for compatibility testing.

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🔮 Future Safety Measures

Future Features (v3.11.2-Production+):

• Automatic broker detection and warning system

• Built-in compatibility database for known brokers

• Real-time risk validation with automatic position size limits

• Enhanced debug logging for easier troubleshooting

Stay Safe: Always update to the latest version and test thoroughly before live trading.