Demo Account Guide
Demo Account Guide

Brokers Allowing Automated Trading


Automated Forex trading brokers are the forex brokers who allow their clients to use trading robots for executing trades, automating all or part of the trading process. To this day, almost all forex brokers allow their clients to use either MetaTrader 4 or Metatrader 5 trading platforms, in which both platforms support trading robots. If you are looking for a broker allowing automated trading, you will probably have a very wide choice of brokers. However, you should not make any compromises on the other most important criteria, such as the security of your deposit and a healthy level of regulation.

Below you will find a list of Forex Broker that offers automated trading account.

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Score Broker Trading Platform Regulation Min Deposit Max Leverage

Additional FAQ

You must be careful in choosing the software because not all of the features work properly. You need to know that the software is not wholly automated because sometimes you still have to decide the stop loss level and the profit target by yourself. The software function is just for helping in monitoring the positions when you can't be bothered to check them.

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Yes, they both do. MetaTrader allows for the use of Expert Advisors (EA) and is widely accepted among traders worldwide. cTrader provides access to automated trading through its cAlgo system.

Continue Reading at Which is Better, cTrader or MetaTrader Raw Spread?

By the use of expert advisors or EAs, MT4 can provide completely automated trading. These EAs may be programmed using the platform's built-in MetaEditor and back-tested using the strategy tester on historical data.

MetaQuotes features a sizable online community that allows users to discuss and exchange a variety of topics, including indications, templates, and ideas. In addition to this, it is equipped with a built-in marketplace where users may subscribe to various automatic trading signals and methods.

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Here are some highlights that might help you improve your EA trading experience:

  • Analyze the market conditions.
  • Get ready to exit.
  • Choose non-correlated EAs.
  • Allocate more funds to high-performing EAs.
  • Use reliable co-located VPS.
  • Last but not least, backtest your EA using real-life data.

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