We found 11 online brokers that are appropriate for Trading Mt4 Automated Trading.
In the world of Forex trading, you must have heard of Forex robots or expert advisors abbreviated as EA.
The EA software used makes it easy for Forex traders to trade automatically. Some traders who don't have much time to observe price movements in the Forex market or have to enter and exit the Forex market manually will definitely choose automatic trading on mt4. Even though EA seems to have many advantages, there are still many traders who choose to trade manually.
The advantage of trading manually is its flexibility, by following the price movements on the Forex market, we can make a position in accordance with the fundamentals of the moment and correct its position if we make a mistake.
By correcting positions quickly, we can avoid losses caused by sudden changes in market movements, otherwise we can also double profits if the current trading position is correct.
When talking about fundamentals, traders recognize that the Forex market is always dynamic and quite complicated, because economic policy news could have influenced the current market movements. For this reason traders choose to keep using manual trading, but on the one hand manual trading is strongly influenced by psychological factors and human emotions.
If a trader trades manually with the influence of psychological, emotional and greed disturbances, this trader could have experienced a loss or loss.
This can be minimized by high flight hours or discipline in complying with the rules of the trading techniques they use.
Besides human factors, trading manually is more complicated because traders have to do a market analysis, follow the market movements and monitor the big news that will emerge that day. You could say victory from manual trading can be achieved but rarely consistent.
Automatic trading uses Expert Advisor (EA) which is actually a small program that works automatically to make open trade in the form of open buy or even open sell with the logic of certain trading techniques.
EA can immediately actively trade without being given a manual command to buy or sell. With an automated system like this, EA can work 24 hours to trade for traders.
For that traders need to rent a virtual private server (VPS) and install EA to the MT4 or Meta Trader trading software.
The advantage of this automatic trading is its discipline in trading according to EA's technical trading and avoiding human factors such as psychological, emotional and greed. Professional traders usually have experience in using EAs to achieve large profits.
They adapted this trading robot to their manual trading characters. Determine the target and adjust the robot settings to match their trading style. If you are a beginner, you can just ask the seller how to use the EA that you buy. Usually they will give a tutorial on using EA and give rules when to use this robot to avoid loss.
Because it runs automatically, EA will trade for you 24 hours a day following the Forex markets around the world even when you are sleeping. The advantages of this EA is what causes many Forex investors to choose to use automated trading to avoid the complexity of market analysis and still be able to make a profit.
Of the many advantages of automatic trading, there are actually several things that traders must pay attention to before using EA. Automatic trading runs without trader's manual intervention causing this trading to be inflexible.
If there is big news that appears that day, it could significantly affect market movements. If by chance your EA has already opened quite a lot of trades, a trader might get a margin call (MC) due to sudden market movements.
In addition, you also have to pay a fairly high price for a good EA and spend monthly funds to rent VPS. To get a cheap VPS, you can search for it on the web online.
Choose a VPS that is strong enough to run a large number of MT4 programs. Because you can only use EA for multiple accounts at once to save costs.
Make sure the VPS is indeed devoted to the Forex market to avoid frequent downtime of the VPS server itself. EA may fail to open trade if the VPS server suddenly down or shut down for maintenance needs.
This is certainly very detrimental for those of you who rarely observe your automatic trading positions.
Especially when EA has to open a trading position to do averaging and apparently failed to do it, you could experience loss. But in addition to some of the shortcomings of the EA mentioned above, the advantages of using robots to do automated trading are still more tempting.
Choose a responsible EA seller and good track record, this will make it easier for you to consult the seller before using the EA.
Here are the top perks of MT4 Forex trading which you can take into consideration.
You will have the opportunity to see the real Forex quotes in real time. Consider to hover to the Market Watch window and you will find abundant components which can help you to make an informative decision. You will easily find out the market sentiment through this section.
If you are still a beginner, you can use the MT4 extensive tools to analyze the exact price in the market. There are some useful tools which can be used by users in any level such as MACD, RSI, OBV, and many more.
There are many orders which you can take including two market orders, four pending orders, as well as stop-loss orders. The orders can easily be executed through the Toolbar window.
One of the best things in MT4 is the ability to automate the trading strategies. There is a strategy called MT4 Expert Advisors. If human bias is what you want to avoid, you could really use the perk from this feature.
We have conducted extensive research and analysis on over multiple data points on Mt4 Automated Trading to present you with a comprehensive guide that can help you find the most suitable Mt4 Automated Trading. Below we shortlist what we think are the best mt4 automated trading after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Mt4 Automated Trading.
Selecting a reliable and reputable online Mt4 Automated Trading trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Mt4 Automated Trading more confidently.
Selecting the right online Mt4 Automated Trading trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for mt4 automated trading trading, it's essential to compare the different options available to you. Our mt4 automated trading brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a mt4 automated trading broker that best suits your needs and preferences for mt4 automated trading. Our mt4 automated trading broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Mt4 Automated Trading.
Compare mt4 automated trading brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a mt4 automated trading broker, it's crucial to compare several factors to choose the right one for your mt4 automated trading needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are mt4 automated trading. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more mt4 automated trading that accept mt4 automated trading clients.
Broker | IC Markets | Roboforex | XTB | Pepperstone | AvaTrade | FP Markets | EasyMarkets | FXPro | Admiral | FXPrimus | forexmart |
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize |
Min Deposit | 200 | 10 | No minimum deposit | No minimum deposit | 100 | 100 | 25 | 100 | 1 | 15 | 15 |
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Used By | 200,000+ | 730,000+ | 1,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 7,800,000+ | 30,000+ | 300,000+ | 10,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) |
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Learn More |
Sign
Up with icmarkets |
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Up with roboforex |
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Up with xtb |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with fxpro |
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Up with admiralmarkets |
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Up with fxprimus |
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Up with forexmart |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76-83% 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. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk |
Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
FxPro Demo |
Admiral Markets Demo |
FXPrimus Demo |
ForexMart Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | RU |
You can compare Mt4 Automated Trading 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 Mt4 Automated Trading for 2024 article further below. You can see it now by clicking here
We have listed top Mt4 automated trading below.