Automated Forex Trading - 2019
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DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships.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. We highly recommended that you read these reviews, open a demo account with several different automated Forex traders, and only then open a real account with the automated trading service that best suits your needs.
A Look at the Top Algorithmic Trading Platforms
When it comes to choosing an automated Forex broker it's important to test the algorithmic trading software offered by each company. While many claim to offer similar services, the actual execution of the algo trading differs from broker to broker. Likewise, the currency pairs available vary between different services, so it's important to check which algorithmic trading platforms offers the pairs that you're interested in.
Algorithmic trading platforms provided by Forex Trading systems follow a defined set of instructions for placing a trade order. The aim of the algorithmic trading program is to identify lucrative opportunities and place the trades automatically in order to generate profits at a frequency and speed that cannot be done by a human trader. Forex automated systems are also ideal for traders who wish to benefit from market opportunities without being tied to the markets at all times. No matter what reason you have for choosing algorithmic trading software, there will be a great option for you. All you need to do is look around.
Min. Deposit
$200
Bonus
None
Trading Platform
Web-based, Other
Max. Leverage
1:30
Regulation
CySEC, FCA, ASIC
Best broker for social traders and crypto traders
Min. Deposit
$100
Bonus
Up To $5000
Trading Platform
MetaTrader 4, Proprietary platform, Web-based
Max. Leverage
N/A
Regulation
MiFID, Central Bank of Ireland, ASIC, FSC, BVIFSC
Autotrading options including Mirror Trade, Zulutrade + more
Hybrid execution model + scalping, hedging and more trading options
Alpari International Review
Min. Deposit
$5
Bonus
50%
Trading Platform
MetaTrader 4, MetaTrader 5, Web-based, Other
Max. Leverage
N/A
Regulation
FSC
Hybrid execution model + scalping, hedging and more trading options
Min. Deposit
None
Bonus
None
Trading Platform
None
Max. Leverage
N/A
Regulation
None
Social trading system that works with dozens of brokers
Min. Deposit
$300
Bonus
None
Trading Platform
MetaTrader 4, Proprietary platform, Web-based
Max. Leverage
1:50
Regulation
FCA, ASIC
No dealing desk execution + wide range of trading apps