IrisFX

I've stopped trading IrisFX. This bot is too risky. It would be very difficult to find a right broker.

Here are some suggestions regarding brokers.

IrisFX doesn't work with GoMarkets. Although they offer tight spread, I've tried their demo account and it kept winning and losing again and again. It just doesn't go anywhere. So, 1.5 pip spread is still not good enough.

I've tried FxOpen. It slips frequently, giving you bad fills for IrisFX. No good.

MB Trading offers one of the tightest spreads like 0.9 pip, but it sometimes slips. Not as bad as FxOpen so it may work well, but because MB Trading is based on FIFO (no hedge) rule, you have to have two accounts, one for long only and the other for short only (this bot places pending orders on both end by default). It will make your progress very slow. Plus, this broker offers only 1:50 leverage, making your progress even slower.

I haven't tried IrisFX on FXCBS, but in my past experience, FXCBS always slips at least one pip. Their execution is not reliable. So I don't even want to try IrisFX on their demo. For this EA, only 1 pip slippage makes it difficult to get a good result.

You must find a broker with one of the lowest spread, and every execution has to be almost no slippage or very small slippage. Otherwise, it'll keep losing. Actually, you must be prepared to lose your money with it. So be careful.