Available brokersHow we measure
Every figure comes from a real account.
The figures on a broker page come from the positions copied there, compared with the strategy’s real account, never from its brochure. Here is where each one comes from, and how to read it.
Every figure starts from the strategy’s account.
Every strategy runs on a real account, its provider’s. At every broker, the positions the clients copy are compared with that account.
- A real account, opened at the broker, never a simulation
- The same signal leaves the strategy’s account and reaches yours: what changes is your broker
- Six measures per broker, every one read on real positions
We time every copy.
A position opens on the strategy’s account, then on yours a few thousandths of a second later. That gap is measured position after position.
We keep the median.
One position on its own says nothing. We sort every delay from the shortest to the longest and take the one in the middle.
- Half of the positions were copied faster, the other half slower
- One stray position at 420 ms does not skew the figure: the median only looks at the middle
- It is the figure you read on the broker page, and the one the radar scores
Steadiness counts as much as speed.
A broker can be quick on average and unpredictable from one position to the next. We measure that too.
- The fastest quarter of positions against the slowest quarter: the gap between the two is the steadiness
- Always around 300 ms is steady. 120 ms then 900 ms on the next one is not, even with the same median
- You read the two side by side on the broker page: the speed, then the steadiness
Every price is compared with the strategy’s.
You rarely enter at the exact price the strategy’s account got, and you rarely leave at the same price either. We measure both gaps and add them up.
- +0.30 bpsGap at the open
- +0.20 bpsGap at the close
- +0.50 bpsRound turn
One figure for the round turn. A position is judged on the full trip, not on half of it. The two gaps are added together.
The same ruler for everything. A pip on gold is not a pip on the euro. So we measure every gap as a share of the price, in basis points: gold, a currency pair and bitcoin read on the same ruler.
Close to zero is good. A positive figure means a worse price than on the strategy’s account. A negative one means you did better. It happens.
The commission comes from the copied positions.
The commission shown is the one the broker actually charged on the positions copied there, brought back to one standard lot.
- Read on recent positions: today’s rate, not the one from two years ago
- Always per standard lot: a 0.10 lot position pays a tenth of it
- A broker that charges nothing per lot shows “no commission”. It earns on the spread, which we do not measure yet
- Several rates at the same broker? We show them one by one, never an average nobody pays
We compare clients with the track record.
The real question is this one: did the clients of this broker get the strategy’s results? The answer reads day after day, on two curves.
The track record as the reference. The strategy’s curve on its own account, free of any cost, against the average curve of the broker’s clients, everyone brought to the same exposure.
A score out of 100. 80 means the track record was matched. Above it, the clients did better, even after costs. Below it, they kept less of it.
A little below is normal. The track record pays no price gap, no spread, no commission. The clients do. The gap between the two curves is the real cost of this broker.
Since we started recording. The comparison starts on the day Javlot began recording client results, not when the strategy launched.
Not every strategy runs everywhere.
“9 of 11” reads without a calculator: nine strategies of the catalogue are open at this broker, out of eleven. It is not a measure, it is a count.
The provider’s decision. The strategy’s provider chooses where it runs, it is not the broker limiting you.
Available, not always running. The strategy is open at this broker, whether a client has started following it there or not.
On the radar too. It is the sixth axis: the bigger the share of the catalogue, the further the point sits from the centre.
No figure is published without proof.
A figure needs at least 100 measured positions behind it. Until then, the page shows you where the count stands, never an estimate.
Not measured. No account is connected at this broker yet, or no position has been copied there yet. The cell stays empty rather than showing a zero.
Not enough data. Positions are being copied here, but fewer than 100 so far. The page shows the count, so you can watch it build.
Measured. At least 100 positions back the figure, or 20 for a commission at a fixed rate: 20 positions at the same price are already 20 confirmations of it.
The spread is not measured yet.
Part of the cost still escapes us: the spread, the gap between the buy price and the sell price you cross on every entry. We would rather tell you.
- Measuring it cleanly needs price data our tools do not capture yet. We are working on it
- Until then, a low commission never makes a broker “cheaper” on its own
- Wherever a commission appears, the page says so
- Once we can measure it, a broker page will show the full cost of a position, spread included
The measure, word by word.
Six words you will meet on every broker page, each explained in one sentence.
Execution
Slippage
Basis point
Pip
Spread
Lot size
14-day free trial
We measure every broker. You pick yours.
Compare the brokers on measured figures, pick the one that suits you and start on your own account.
These figures describe what Javlot observed on real accounts over a period. They are neither what a broker promises, nor what your own account will do. Past results do not guarantee future results.
Results and broker costs vary from one client to another: the broker and account type you open, the pricing attached to it (spread, commission, swap), the account currency, the slippage at execution, the date you start and market conditions can make your own outcome diverge from the figures shown here.