Best Api Trading Brokers Guide
API Trading Brokers
Application Programming Interface (API) is simply defined as a software application that establishes a connection of coded algorithms with that of a broker's platform. Lately, such coded algorithms have gained popularity in the Forex trading and such brokers who are mainly using it are widely called API trading brokers.
First lets understand what a trading API is before investing our hard-earned money in the Forex market on a broker that supports API trading.
Trading APIs
Most of the financial instruments including CFD and Forex today use APIs as the software application allows connection of front-end system of investor / trader with the back-end system of a broker.
With APIs the process and entire communication channel is securely encrypted. Broker trading API's have been thoroughly tested for vulnerabilities.
With the help of API, a trader can conduct trade orders, trade verification, trade settlement and more. A trader can also view live prices as well as get data of the market for the last calendar month, one year and even one decade. This facilitates traders to avoid using a platform or software provided by a broker.
Advantages of trading APIs
API's provide historical market data along with the up to date prices. As an API Offers live market data and traders can easily understand the executable prices. Traders can analyze markets following the data closely. API's are equipped with risk management features like a trader can take profit limits or stop losses automatically. The software helps with immediate execution as well as instant confirmation too. Trading can be done anonymously and so nothing is recorded on the platform of a broker.
Disadvantages of trading APIs
Everyone may not find trading with an API suitable. The development time when utilizing an trading API is longer and the software application requires maintenance frequently. Maintenance of an API can be costly. Their is a chance that an API application can be hacked.
Trading API Brokers Verdict
API trading brokers have more pros than cons and this is the reason most of the Forex traders are relying on them for their trades. The API used by them provides several tools for easy and smooth trading. Additionally, many brokers provide supports to help clients better when required.
However, do take note that data, functionality and support provided by them differ from one broker to another.
Do take note that API trading brokers are becoming integral for the application of automated trading strategies. Gradually more and more brokers are becoming API trading brokers by making use of these platforms.
We've collected thousands of datapoints and written a guide to help you find the best Api Trading Brokers API Trading Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best api trading brokers below. You can go straight to the broker list here.
Reputable Api Trading Brokers Checklist
There are a number of important factors to consider when picking an online Api Trading trading brokerage.
- Check your Api Trading broker has a history of at least 2 years.
- Check your Api Trading broker has a reasonable sized customer support of at least 15.
- Does the Api Trading broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Api Trading broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Api Trading broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Api Trading broker can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Api Trading Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Api Trading Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Api Trading Brokers of 2020 compared
Here are the top Api Trading Brokers.
Compare Api Trading Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are api trading brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more api trading brokers that accept api trading clients
| Broker |
IC Markets
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XTB
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FP Markets
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Pepperstone
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FXPrimus
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Roboforex
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EasyMarkets
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AvaTrade
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ThinkMarkets
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City Index
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| Rating | ||||||||||
| Regulation | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) |
| Min Deposit | 200 | No minimum deposit | 100 | 200 | 100 | 1 | 100 | 250 | 250 | 25 |
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| Used By | 60,000+ | 250,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 142,500+ | 200,000+ | 10,000+ | 14,000+ |
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| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with icmarkets |
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Up with xtb |
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Up with fpmarkets |
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Up with pepperstone |
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Up with fxprimus |
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Up with roboforex |
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Up with easymarkets |
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Up with avatrade |
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Up with thinkmarkets |
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Up with cityindex |
| Risk Warning | Losses can exceed deposits | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | 79% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider |
| Demo |
IC Markets Demo |
XTB Demo |
FP Markets Demo |
Pepperstone Demo |
FXPrimus Demo |
Roboforex Demo |
easyMarkets Demo |
AvaTrade Demo |
ThinkMarkets Demo |
City Index Demo |
| Excluded Countries | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | US, JP, NZ | BR, KR, IR, IQ, SY, JP, US | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, JP | US | BE, BR, KP, NZ, TR, US, CA, SG | AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW |
All Api trading brokers in more detail
You can compare Api Trading Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Api Trading Brokers for 2020 article further below. You can see it now by clicking here
We have listed top Api trading brokers below.
Api Trading Brokers Table of Contents
- Api Trading Brokers Explained
- 6 Factors to Consider when Choosing Api Trading Brokers
- Are Your Api Trading Brokers Trusted And Established?
- Are The Api Trading Brokers World Leading?
- What are the Api Trading Brokers Commissions and Fees?
- What are the Api Trading Brokers Funding and Withdrawl Methods?
- Find Api Trading Brokers with Round-the-clock support?
- Make sure the Api Trading Brokers Offer Comprehensive Trader resources?
- Why do Api Trading Brokers need to be regulated?
- Api Trading Brokers FAQ
- What are the best Api trading brokers?
- What is the best Api trading broker?
- Related Api Trading Brokers Reviews
- Related Api Trading Brokers Alternatives
- Related Api Trading Brokers Comparisons
Api Trading Brokers Explained
Trading the financial markets with Api Trading Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Api Trading Brokers is the platform that a Api Trading Brokers offer.
Choose Api Trading Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Api Trading Brokers that you can rely on.
6 Factors to Consider when Choosing Api Trading Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Api Trading Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Api Trading broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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XTB
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FP Markets
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Pepperstone
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FXPrimus
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Roboforex
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| Year Established | 2007 | 2002 | 2005 | 2010 | 2009 | 2009 |
| Head Office | Australia | Poland | Australia | Australia | Cyprus | Cyprus |
| Regulation | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC) |
| Used By | 60,000+ | 250,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | No | No |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit IC Markets | Visit XTB | Visit FP Markets | Visit Pepperstone | Visit FXPrimus | Visit Roboforex |
| Risk Warning | Losses can exceed deposits | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | Losses can exceed deposits |
Are The Api Trading Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. IC Markets Segregates clients funds and offers over 232 instruments. IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, IC Markets supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Api Trading Brokers is XTB . XTB Segregates clients funds and offers over 1,500 instruments.
| Broker |
IC Markets
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XTB
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FP Markets
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Pepperstone
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FXPrimus
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Roboforex
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| Instruments Available | 232 | 1,500 | 100 | 100 | 100 | 100 |
| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps |
| Excluded Countries | US | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, JP, NZ | BR, KR, IR, IQ, SY, JP,US | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR,US, AU, SY, DZ, JP, EC. | US, JP |
| Forex pairs offered | 65 | 50 | 60 | 70 | 45 | 35 |
| Forex pairs offered | 65 | 50 | 60 | 70 | 45 | 35 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | Yes | No | No |
| Commodities Offered | 19 | 21 | 18 | 16 | 0 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | No |
| Agricultural | Yes | Yes | Yes | No | No | No |
| Stocks Offered | 100 | 1696 | 10000 | 60 | 60 | 0 |
| UK Shares | No | Yes | Yes | No | Yes | No |
| US Shares | Yes | Yes | Yes | No | Yes | No |
| German Shares | Yes | Yes | Yes | Yes | No | No |
| Japanese Shares | Yes | Yes | Yes | No | No | No |
What are the Api Trading Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Api Trading broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Api Trading broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
| Broker |
IC Markets
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XTB
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FP Markets
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Pepperstone
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FXPrimus
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Roboforex
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| Min Deposit | 200 | 0 | 100 | 200 | 100 | 1 |
| Withdrawl Fees | No | varies | No | No | Varies | Yes |
| Inactivity Fees | No | No | No | Yes | No | No |
| Deposit Fees | Varies | No | Yes | No | Varies | No |
| CFD Commission Fees | Yes | Yes | Yes | Yes | No | No |
What are the Api Trading Brokers Funding and Withdrawal Methods?
When dealing with Api Trading Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
IC Markets
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XTB
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FP Markets
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Pepperstone
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FXPrimus
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Roboforex
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | No | No |
| Skrill | Yes | Yes | Yes | Yes | No | No |
| Payoneer | Yes | No | Yes | Yes | Yes | |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find Api Trading Brokers with Round-the-clock support?
Customer service is very important when dealing with Api Trading Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Api Trading Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
IC Markets and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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XTB
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FP Markets
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Pepperstone
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FXPrimus
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Roboforex
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| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian |
| Learn More | Visit IC Markets | Visit XTB | Visit FP Markets | Visit Pepperstone | Visit FXPrimus | Visit Roboforex |
| Risk Warning | Losses can exceed deposits | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | Losses can exceed deposits |
Make sure the Api Trading Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, IC Markets and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Api Trading Brokers need to be regulated?
A regulated Api Trading broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Api Trading brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Api Trading Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account