Automated Forex Trading

Automated Forex trading brokers are the Forex brokers who allow their clients to use trading robots to execute trades, automating all or part of the trading process.

A huge majority of Forex / CFD traders allow automated trading. The few brokers that are not automated Forex trading brokers fall into two categories: the ones that only offer trading platforms which do not support trading robots, and those that do not allow it as a matter of policy.

The good news is that almost all Forex / CFD brokers allow their clients to use either the MetaTrader 4 or Metatrader 5 trading platforms, both of which can support trading robots, so there are very few brokers technically unable to support automated trading.

Few Forex / CFD brokers have a policy of not allowing the use of automated trading. This is for the simple reason that most trading robots lose money very quickly, and as most Forex brokers pocket the money that their clients lose trading due to their market-making execution model, so why would they have a problem with it? However, it is worth noting that some Forex / CFD brokers do not allow scalping or hedging, and many trading robots do utilize these techniques. For this reason, you might find that a broker is willing to support a trading robot but will not support the exact trading robot which you want to use.

This means that if you are looking for a broker to execute automated trading, you will probably have a very wide choice of brokers, and you probably won’t have to make any compromises on the other most important criteria which will affect your choice of Forex / CFD broker such as the security of your deposit and a healthy level of regulation. If you already have a trading robot that you’re eager to trade with in the form of a computer program, you will be strongly influenced by the choices of platforms offered. Most trading robots are only compatible with the MetaTrader platform, but a few are built for other trading platforms. They are not compatible across platforms.

Another issue to watch out for is the maximum number of trades that a Forex / CFD broker will allow a client to hold open at any time. Short-term robots, if applied to a very large number of trading instruments simultaneously, might generate something like a hundred open trades at a time. Brokers offering relatively low maximum leverage, such as all Forex / CFD brokers regulated in the European Union, will make it impossible for anyone not trading very small lot sizes relative to their account capitalization to have a large amount of open trades.

Although most trading robots tend to lose money, often quickly, there are successful hedge funds which use longer-term trading robots profitably, and there’s no reason why you can’t do the same.

Help me choose a broker
Help me choose a broker
Welcome to our "Help Me Choose A Broker" help desk. We are happy to provide all traders with this special service so that you can find the best Forex broker to meet your needs. All you have to do is fill in your trading information in the 3 easy steps below and we will connect you with the broker that is most compatible for you.


Please answer the following questions:

The advanced broker matching tool uses an algorithm to match the criteria you have selected as relevant to your trading with the most updated services provided by the long list of brokers we review. We’ve successfully matched hundreds of traders with the most appropriate brokers and we look forward to helping you as well.
Finding a Forex broker has never been so easy!
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We will handle your request as soon as possible.
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Automated Forex Trading

Trade360

Trade360 CrowdTrading is a Cypriot broker domiciled in Cyprus and regulated by CySec (Cyprus Securities and Exchange Commission). Cyprus is a regulated and well known domicile for brokerages. They are also covered by MiFID regulation. Trade360 is under constant scrutiny and review.

Trade360 Review
Tradeo
Tradeo
Tradeo

Tradeo is an online Forex and CFD brokerage that we’ve reviewed at length. The Tradeo review found here includes our findings, including the positive and negative aspects of using this brokerage. The company maintains two distinct entities, Tradeo.pro and Tradeo.com which are owned by the same holding group. On the Tradeo.pro website it states that “Tradeo is operated under Delwyn Trading Ltd which is authorised and regulated by the International Financial Services Commission (IFSC) in Belize under license number IFSC/60/284/TS/17”. This claim, however, appears to be invalid; the Belize regulator published a list of financial firms which are no long authorized and regulated in Belize; the latest update was published on June 4th 2019 and it lists Delwyn Trading LTD. Trade.pro also lists a Cypriot entity, Adelane Trading LTD, with registration number HE323969 as its paying agent.

Tradeo Review
ForexYard Strategy Automator
ForexYard Strategy Automator
ForexYard Strategy Automator

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.

ForexYard Strategy Automator Review
FXAuto
FXAuto
FXAuto

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.

FXAuto Review
Strategy Exchange
Strategy Exchange
Strategy Exchange

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. Strategy Exchange targets both new and experienced traders with a user-friendly interface and modern website.

Strategy Exchange Review
FX Renew Signals
FX Renew Signals
FX Renew Signals

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.

FX Renew Signals Review
FxPro SuperTrader
FxPro SuperTrader
FxPro SuperTrader

FxPro SuperTrader is a recently introduced Forex and CFD platform created for both novice and experienced traders to gain access to the FX market. FXPro SuperTrader is offered by FxPro Financial Services Limited which is authorized and regulated by the Cyprus Securities and Exchange Commission.

FxPro SuperTrader Review
ForexOClock
ForexOClock
ForexOClock

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. Forex O’Clock is also known as an automated signals service and receives its signals from an Italy-based price action trader who believes that time frames lower than the 4 hour charts are unreliable and that trading with the trend is key.

ForexOClock Review
Markets AutoTrader
Markets AutoTrader
Markets AutoTrader

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.

Markets AutoTrader Review
Help me choose a broker
Help me choose a broker
Welcome to our "Help Me Choose A Broker" help desk. We are happy to provide all traders with this special service so that you can find the best Forex broker to meet your needs. All you have to do is fill in your trading information in the 3 easy steps below and we will connect you with the broker that is most compatible for you.


Please answer the following questions:

The advanced broker matching tool uses an algorithm to match the criteria you have selected as relevant to your trading with the most updated services provided by the long list of brokers we review. We’ve successfully matched hundreds of traders with the most appropriate brokers and we look forward to helping you as well.
Finding a Forex broker has never been so easy!
Thank you.
Your information has been successfully sent to us.
We will handle your request as soon as possible.
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