The following is a comprehensive list of automated Forex trading brokers. You can rest assured that the automated forex trading reviews listed below were conducted with the utmost level of professionalism and objectivity. It is highly recommended that you read them, open a demo account with several different automated Forex traders, and only then open a real account.
AvaTrade’s auto trading system, aptly called the AvaTrade AutoTrader, is a revolution in the online trading market. With Ava auto trading, traders can take advantage of the reliability of a highly respected Forex brokerage in conjunction with trading strategies from global trade leaders. With autotrading, he can choose from a wide range of strategies, and "buy" the strategy that has performed best in a chosen period of time. Once he has subscribed to a particular strategy, it starts to automatically execute buy and sell orders in his Forex trading account.
ZuluTrade is not your usual Forex broker. It is a hybrid Forex Signal Provider and managed account network that facilitates the trade signals of the world’s best traders and automatically executes them in your personal broker account for free. ZuluTrade.com is part of ZuluTrade Inc. Founded in 2007, it bridges the gap between valuable information in money markets and trade execution by converting the advice of some of the most professional and talented traders globally to a rapidly executed trade.
ForexYard has recently joined the auto traders arena with their new Forex Strategy Automator (FSA). This is of course a positive development to all those beginner traders who want to depend on others’ Forex expertise, rather than spending countless weeks or months learning it themselves. Alternatively, traders who are more experienced but do not have the time or desire to actively trade and would rather have their account on “Cruise Control” can also benefit from Forex auto traders.
Forex autotraders, also known as mirror traders, are quickly becoming a very popular feature among FX brokers, and Market.com’s AutoTrader feature is no exception. Their AutoTrader feature allows a trader not only to review the most popular and successful strategies of the platform’s top traders, dubbed by in the Markets.com AutoTrader platform as “Strategy Providers,” but to copy their trades as well, either all of them or only the specific few which meets each trader’s individual needs.
FXAuto by Tradency is another Forex auto trading system available to Forex traders. The concept is simple, many traders want to benefit from the world’s largest financial market, but do not have the time or will to start learning and studying the market.
Strategy Exchange is a relatively new player in the Forex Auto Traders’ market. They were established in 2006 to address what they call “the growing demand for automated trading solutions by both Buy-Side and Sell-side market participants” Their technology and infrastructure is based on the well known Strategy Runner system, an industry leader in fully automated trading systems.
FX Renew offers a unique Auto-Signals program that permits clients to have any FX Renew's trade placed by a licensed Forex money manager instantly replicated in their MT4 account, in contrast to those using EA’s, robots and demo accounts. A CFTC-registered IB & NFA Member, FX Renew never adds a mark-up to clients’ spreads and offers the Auto-Signals service free to clients who trade a live account with them. FX Renew offers its clients valuable services, excellent support and a transparent approach.
Forex O'Clock is an automated trading provider that is offered for free to any trader funding an account with FXDD, a globally regulated Forex broker with available leverage as high as 200:1 and a minimum deposit size as low as $250.
Want to get in-depth lessons and instructional videos from Forex trading experts? Register for free at FX Academy, the first online interactive trading academy that offers courses on Technical Analysis, Trading Basics, Risk Management and more prepared exclusively by professional Forex traders.
Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.