Brokers with Automated Trading
Compare Forex brokers who support automated trading strategies on MT4, MT5 and cAlgo USA.
Forex trading robots can monitor the market for trade ideas and make autonomous trading decisions. Nowadays, they're available across a range of platforms including MT4, MT5 and cTrader.
MetaTrader 4 and 5
Forex robots are known as Expert Advisors (EAs) on the MetaTrader platform. They can trade when you're asleep or away from your desk, and take emotions out of trading. You can design your own or download one from the MetaTrader Market. Some users make their robots available for free, however, you should expect to pay for commercial implementations.
cTrader is an algorithmic trading platform designed for automated trading. It comes with a code editor and strategy tester, so you can create your own robots and backtest them over historical data. Alternatively, you may download new algos and indicators from cTrader's marketplace, for free or on a paid-for basis.