Automated Trading

Automated trading, known also as algorithmic trading, involves programming a set of rules which a computer system follows to open and close orders on your behalf. Automated trading is offered by many platforms and apps in the UK, and investors can access major markets like forex and crypto using algorithmic strategies. Our guide explains how automated trading works and which brokers and software offer the service, including MetaTrader 4 (MT4).

Brokers with Auto Trading

Filter Brokers
Found 144 Brokers
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
No
Min. Deposit
$200 ($50 in US)
Min. Trade
$1
Bonus
None
Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4
Demo Account
Yes
Regulated By
CBoI, ASIC, FSB
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
$1
Bonus
None
Pepperstone offers spread betting and CFD trading to both retail and professional traders. Clients can trade FX, indices and more on MT4, MT5 and cTrader platforms.
Demo Account
Yes
Regulated By
FCA, ASIC, SCB, DFSA, CMA, BaFin
MT4 Integration
Yes
Min. Deposit
£200 / $200
Min. Trade
0.01 Lots
Bonus
None
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets.
Demo Account
Yes
Regulated By
ASIC, CySec, FSA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 Lots
Bonus
None
Forex.com boast a global reputation. Regulated in the UK, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
Demo Account
Yes
Regulated By
NFA, CFTC, FCA, FSA, IIROC and CIMA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
$1
Bonus
None
Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.
Demo Account
Yes
Regulated By
CySec, FCA, SCB
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 Lots
Bonus
None
Deriv.com are a new brokerage, offering binary options and CFD trading
Demo Account
Yes
Regulated By
Malta (MFSA), Labuan (LFSA), Vanuatu (VFSC), British Virgin Islands (BFSC)
MT4 Integration
No
Min. Deposit
€/£/$5
Min. Trade
0.01 Lots
Bonus
None
CMC Markets is headquartered in London and listed on the LSE. They offer competitive spreads on a global range of assets.
Demo Account
Yes
Regulated By
FCA, ASIC, IIROC, MAS
MT4 Integration
Yes
Min. Deposit
£ 0
Min. Trade
0.01 Lots
Bonus
None
FXTM Are leading forex and CFD brokers. Offering a huge range of markets, and 6 account types, they cater to all level of trader.
Demo Account
Yes
Regulated By
CySec, FCA and FSC of the Republic of Mauritius
MT4 Integration
Yes
Min. Deposit
From $10
Min. Trade
0.01 Lots
Bonus
30% Up to $100 via Exinity Ltd
NinjaTrader offer Traders Futures and Forex trading. Use Auto-trade algorithmic strategies and configure your own trading platform, and trade at the lowest costs.
Demo Account
Yes
Regulated By
NFA, CFTC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
Varies by asset
Bonus
None
IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
£250
Min. Trade
£1
Bonus
None
DeltaStock is a multi-asset online broker offering desktop & mobile trading tools.
Demo Account
Yes
Regulated By
FSC (Bulgaria)
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
10% loss compensation
Binary.com are the established pioneers of binary options. The choice of the advanced trader, Binary.com offer the greatest flexibility of any binary broker. They also offer Forex and CFD via the MT5 platform.
Demo Account
Yes
Regulated By
MGA
MT4 Integration
Yes
Min. Deposit
$5
Min. Trade
$1
Bonus
None
Spectre.ai is a blockchain-based binary options broker
Demo Account
Yes
Regulated By
St. Vincent and the Grenadines
MT4 Integration
No
Min. Deposit
No minimum
Min. Trade
$1
Bonus
None
Bithoven is a MT5-powered online broker offering leveraged cryptocurrency trading.
Demo Account
Yes
Regulated By
FSA
MT4 Integration
No
Min. Deposit
None
Min. Trade
0.01 lots
Bonus
Withdrawal fee compensation up to 0.0005 BTC
NordFX offer Forex trading with specific accounts for each type of trader. Zero accounts offer spread from 0 pips, while the Crypto offers optimal cryptocurrency trading. Open account from just $10.
Demo Account
Yes
Regulated By
VFSC, CySec
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
$1
Bonus
None
LBLV is a MT5 broker offering trading in FX & CFDs.
Demo Account
Yes
Regulated By
FSA (Seychelles)
MT4 Integration
No
Min. Deposit
$5,000
Min. Trade
0.01 lots
Bonus
30% deposit bonus
GKFX is an MT4 trading broker offering a suite of financial instruments & tools.
Demo Account
Yes
Regulated By
MFSA
MT4 Integration
Yes
Min. Deposit
€100
Min. Trade
0.01 lots
Bonus
None
Admiral Markets is leading Forex and CFD broker offering the MT4 & MT5 platforms
Demo Account
Yes
Regulated By
FCA, CySEC, ASIC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
IronFX offers online trading in forex, stocks, futures, commodities and cryptocurrencies
Demo Account
Yes
Regulated By
FCA, CySEC, ASIC, FSB
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
100% Sharing Bonus - double first deposit
Trade on the financial markets with low cost, leveraged products at HYCM.
Demo Account
Yes
Regulated By
FCA, DFSA, CIMA, CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
10% deposit bonus up to $5,000
Lightspeed is a broker for high-volume traders offering advanced platforms & tools.
Demo Account
Yes
Regulated By
FINRA, NFA
MT4 Integration
No
Min. Deposit
$10,000
Min. Trade
Variable
Bonus
None
AAAFx offers automated and copy platforms for forex and CFD trading.
Demo Account
Yes
Regulated By
HCMC (Greece), FSA (St Vincent & Grenadines)
MT4 Integration
Yes
Min. Deposit
$300
Min. Trade
0.01 lots
Bonus
30% deposit bonus up to $3,000
Land FX is a trusted global FX & CFD trading broker offering the MT4 & MT5 platforms.
Demo Account
Yes
Regulated By
FCA, FSA
MT4 Integration
Yes
Min. Deposit
$300
Min. Trade
0.01 lots
Bonus
10% deposit bonus up to $3,000
Axes offers multi-asset trading through the MT5 platform and mobile app.
Demo Account
Yes
Regulated By
FSA, IFMRRC
MT4 Integration
No
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
AGEA is a regulated forex & CFD broker offering multiple trading platforms and account types.
Demo Account
Yes
Regulated By
Commission for Capital Markets
MT4 Integration
Yes
Min. Deposit
$1
Min. Trade
0.01 lots
Bonus
$5 no deposit bonus
Tier1FX is a regulated CFD and forex trading broker.
Demo Account
Yes
Regulated By
MFSA
MT4 Integration
Yes
Min. Deposit
$1,000
Min. Trade
0.01 lots
Bonus
None
Eightcap is a multi-regulated FX & CFD broker offering the MT4 & MT5 platforms.
Demo Account
Yes
Regulated By
ASIC, VFSC
MT4 Integration
Yes
Min. Deposit
A$100
Min. Trade
0.01 lots
Bonus
None
Equiti is a global forex & CFD broker offering a proprietary webtrader platform & MT4.
Demo Account
Yes
Regulated By
FCA, JSC, DMCC, SCA, CMA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
ForexTB is a leading online broker in Forex and CFD trading
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Squared Financial is a CySEC-regulated forex & CFD broker
Demo Account
Yes
Regulated By
CySEC, FSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
XGlobal Markets offers online trading in forex and CFDs through the industry-renowned MT5 platform.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
No
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Varianse is an online broker offering unique instruments and powerful analysis tools.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Fortrade is a multi-asset broker offering a simple live account with advanced tools.
Demo Account
Yes
Regulated By
FCA, ASIC, CySEC, NBRB, IIROC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
FortFS is a multi-asset trading broker offering a range of tools & resources.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$5
Min. Trade
0.01 lots
Bonus
$100 no deposit bonus
FP Markets is a multi-asset broker offering a choice of trading platforms.
Demo Account
Yes
Regulated By
ASIC, CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
LiteForex Investments Limited is a regulated Forex & CFD broker offering the MT4 & MT5 trading platforms.
Demo Account
Yes
Regulated By
Marshall Islands
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
Rebate on payment fees
Hirose is a regulated and dedicated forex and binary options trading broker.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$20
Min. Trade
0.01 lots
Bonus
50% deposit bonus up to $1,000
FXCC is a highly regulated and trustworthy MT4 trading broker.
Demo Account
Yes
Regulated By
CySEC, FCA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
FXFlat offers several asset classes on the MetaTrader 4 & MetaTrader 5 platforms.
Demo Account
Yes
Regulated By
BaFin
MT4 Integration
Yes
Min. Deposit
€200
Min. Trade
0.01 lots
Bonus
None
Valutrades is a leading MetaTrader forex & CFD broker.
Demo Account
Yes
Regulated By
FCA, FSA
MT4 Integration
Yes
Min. Deposit
None
Min. Trade
0.01 lots
Bonus
None
Zero Markets is a multi-asset online trading broker offering ultra low spreads.
Demo Account
Yes
Regulated By
ASIC
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
$100 refer a friend
FXOpen is a highly regulated FX & CFD broker offering multiple trading platforms.
Demo Account
Yes
Regulated By
FCA, ASIC
MT4 Integration
Yes
Min. Deposit
$300
Min. Trade
0.01 lots
Bonus
$10 no deposit bonus (non-UK traders)
FXPIG is a straight-talking forex, indices & commodities broker offering tight spreads.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Fondex is an award-winning forex and CFD broker with industry low trading costs
Demo Account
Yes
Regulated By
FSA, CySEC
MT4 Integration
No
Min. Deposit
$0
Min. Trade
0.01 lots
Bonus
None
Alpari offer forex and CFD trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.
Demo Account
Yes
Regulated By
FSC of Maritius
MT4 Integration
Yes
Min. Deposit
From $/£/€ 5
Min. Trade
0.01 Lots
Bonus
30% Up to $100. Terms Apply
Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.
Demo Account
Yes
Regulated By
FCA, ASIC, FMA
MT4 Integration
Yes
Min. Deposit
0 $/€/£
Min. Trade
0.01 Lots
Bonus
None
LegacyFX is a multi-asset broker offering an MT5 download & free signals.
Demo Account
Yes
Regulated By
CySec, VFSC, NBRB
MT4 Integration
No
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Vantage FX are a Raw ECN Forex broker, regulated by ASIC is Australia. Boasting MT4, MT5 and Webtrader platforms, a range of account types and a deposit bonus of up to 50%
Demo Account
Yes
Regulated By
ASIC, FCA, CIMA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 Lots
Bonus
Up to 50%
GO Markets is an ASIC-regulated FX & CFD broker.
Demo Account
Yes
Regulated By
ASIC
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
30% deposit bonus
Established spread betting, forex and CFD broker with over 30 years in the business. Regulated around the globe.
Demo Account
Yes
Regulated By
ASIC,FCA
MT4 Integration
Yes
Min. Deposit
£/$100
Min. Trade
0.01 Lots
Bonus
£1000 Switch Bonus For Professional Traders
ThinkMarkets is a multi-regulated forex and CFD broker
Demo Account
Yes
Regulated By
FCA, ASIC, FSCA
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
None
Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.
Demo Account
Yes
Regulated By
CySec
MT4 Integration
Yes
Min. Deposit
€1 to €1000 (Account choice dependent)
Min. Trade
0.01 Lots
Bonus
None
Dukascopy is a Swiss-based forex, CFD, and binary options broker
Demo Account
Yes
Regulated By
FINMA, FCMC, JFSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
10% equity bonus
Noble Trading is an FX & CFD broker offering multiple deposit & payment options.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
30% deposit bonus
TusarFX is a MT4 multi-asset broker offering bonuses & high leverage rates.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$1
Min. Trade
0.01 lots
Bonus
50% deposit bonus
TradeTime is an FX broker also offering trading in stocks, commodities, & Bitcoin.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
$27 no deposit bonus
ICM Brokers is a regulated MT4 broker offering online trading in forex & CFDs.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
Yes
Min. Deposit
$300
Min. Trade
0.01 lots
Bonus
None
TrioMarkets is a CySEC-regulated online ECN trading broker.
Demo Account
Yes
Regulated By
CySEC, FSC (Mauritius)
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
Up to 15% cashback on every lot traded
GCI offers online trading in 300+ tradable assets with up to 1:400 leverage.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
4% interest on account balance
Finexo is a multi-asset online broker regulated by the CySEC.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
HQBroker is a no-frills forex broker offering easy-access live trading accounts.
Demo Account
No
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Tickmill is FCA & CySEC regulated and offers trading in CFDs, FX and commodities.
Demo Account
Yes
Regulated By
FCA, CySEC, FSA, LFSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
30% deposit bonus
Hantec Markets is an online FX broker offering MT4 & trading competitions.
Demo Account
Yes
Regulated By
FCA, ASIC, FSC, FMA, FSA, CGSE, JSC
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
None
101investing.com is a CFD broker providing access to a range of financial markets.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
ROInvesting is an online CFD broker regulated by the CySEC.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Grand Capital is an MT4 retail trading broker offering multiple bonuses.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Bonus
200% deposit bonus
Juno Markets is a regulated forex broker offering the MT4 trading platform.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
Up to $300 monthly cashback
Infinox is a UK-based broker offering MT4 trading with tight spreads.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
£1
Min. Trade
0.01 lots
Bonus
None
TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
CMSTrader offers multi-asset trading with fast payment speeds & useful features.
Demo Account
Yes
Regulated By
None
MT4 Integration
No
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Trade forex and CFDs with rich trading tools and real-time market data.
Demo Account
Yes
Regulated By
FSA Seychelles
MT4 Integration
No
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
ADSS is a regulated forex broker offering $100 minimum deposits & 1:500 leverage.
Demo Account
Yes
Regulated By
Central Bank of the UAE, FCA, SFC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
RoboForex is a multi-asset online broker offering powerful trading aides.
Demo Account
Yes
Regulated By
IFSC
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Bonus
$30 welcome deposit bonus
BP Prime offers MT4 trading with fast executions and a mobile app solution.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$5,000
Min. Trade
0.01 lots
Bonus
None
Blackwell Global offers seamless online trading in forex, stocks & cryptos.
Demo Account
Yes
Regulated By
FCA, CySEC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Khwezi Trade is an online broker offering four live MT4 trading accounts.
Demo Account
Yes
Regulated By
FSCA
MT4 Integration
Yes
Min. Deposit
R 2,000
Min. Trade
0.01 lots
Bonus
None
Key To Markets is an FCA-regulated online trading broker offering a variety of account types, including social PAMMs.
Demo Account
Yes
Regulated By
FCA, FSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
FxGlory offers leveraged trading in forex and commodities through the MT4 desktop and mobile platform.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$1
Min. Trade
0.01 lots
Bonus
50% deposit bonus up to $1000
Uptos offers multiple trading assets, payment options and the MT5 platform.
Demo Account
No
Regulated By
None
MT4 Integration
No
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading.
Demo Account
Yes
Regulated By
FSA (Seychelles)
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
Up to 25% welcome bonus
Bulbrokers EAD offers FX & CFD trading on a choice of leading online platforms.
Demo Account
Yes
Regulated By
FSC, FCA, CNVM
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
None
Min. Trade
0.01 lots
Bonus
20% deposit bonus up to $2,000
LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$20
Min. Trade
0.01 lots
Bonus
100% deposit bonus up to $20,000
Larson & Holz offer desktop & mobile trading on FX and CFDs via the MT5 platform.
Demo Account
Yes
Regulated By
None
MT4 Integration
No
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
10% on deposits of $5,000 or over
TIO Markets offers 120 instruments, MetaTrader platforms & PAMM accounts.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.
Demo Account
Yes
Regulated By
ASIC, VFSC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
Spin & Win Draw
Trade12 offers multi-asset trading with tiered account levels to suit different needs.
Demo Account
No
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Atiora offers forex & CFD trading with easy-access $1 minimum deposit accounts.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
Yes
Min. Deposit
$1
Min. Trade
0.01 lots
Bonus
50% deposit bonus
Windsor Brokers offers MT4 trading on forex, stocks, commodities and more.
Demo Account
Yes
Regulated By
CySEC (Cyprus), IFSC (Belize), JSC (Jordan)
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
$30 no deposit bonus
LiteForex Europe is an FX and CFD broker offering sophisticated trading tools.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
ArgusFX is a Cyprus-based broker offering MT4 trading from a sleek client portal.
Demo Account
No
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
None
PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading.
Demo Account
Yes
Regulated By
FSA
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.0001 lots
Bonus
100% loyalty deposit bonus up to $10,000
Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets
Demo Account
Yes
Regulated By
HCMC
MT4 Integration
Yes
Min. Deposit
$1 to $300 (Broker choice dependent)
Min. Trade
$1
Bonus
None
Amana Capital is a leading retail broker offering deposit bonuses and MT4 trading.
Demo Account
Yes
Regulated By
FCA, DFSA, CySEC, CMA, LFSA, FSC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
$50 deposit bonus
ActivTrades offers online trading on the MT4, MT5 and ActivTrader platforms.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
Cashback on trades
EverFX is an online broker offering trading in forex, stocks, cryptos and commodities.
Demo Account
Yes
Regulated By
CySEC, FSA, CIMA
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
100% rebate bonus
AETOS offers trading on the MT4 & MT5 platforms with a deposit joining bonus.
Demo Account
Yes
Regulated By
FCA, ASIC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
Joining bonus up to $20,000
4xCube is a MetaTrader forex broker registered and licensed in the Cook Islands.
Demo Account
Yes
Regulated By
FSC Cook Islands
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Bonus
None
Weltrade is an established online broker providing tight spreads & powerful tools.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$25
Min. Trade
0.01 lots
Bonus
None
BlackBull Markets offers forex and CFD trading on the MT4 & MT5 platforms.
Demo Account
Yes
Regulated By
FMA, FSA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
None
CGS-CIMB is a Singapore-based trading broker offering futures, FX, CFDs & bonds.
Demo Account
Yes
Regulated By
MAS
MT4 Integration
Yes
Min. Deposit
100 SGD
Min. Trade
0.01 lots
Bonus
None
Trade forex and CFDs with 1:30 leverage and advanced trading tools.
Demo Account
Yes
Regulated By
FCA, CIMA
MT4 Integration
No
Min. Deposit
$5,000
Min. Trade
0.01 lots
Bonus
None
Mitto Markets offers multi-asset trading across a range of competitive instruments.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
None
Arum Capital is a CySEC-regulated forex broker offering the MT5 platform.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
No
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
WH SelfInvest facilitates multi-asset trading through web & downloadable platforms.
Demo Account
Yes
Regulated By
BaFin, CSSF, FSMA, AFM
MT4 Integration
Yes
Min. Deposit
€500
Min. Trade
0.01 lots
Bonus
None
Swissquote is an FCA-regulated FX & CFD broker offering 160+ trading products.
Demo Account
Yes
Regulated By
FCA, FINMA
MT4 Integration
Yes
Min. Deposit
$1,000
Min. Trade
0.01 lots
Bonus
None
EagleFX is a popular trading broker offering forex, stocks, cryptos & commodities.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Bonus
None
EZ Invest is a CySEC-licensed broker offering trading on the financial markets.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Dsdaq specialises in crypto trading through its accessible mobile app & low deposit.
Demo Account
Yes
Regulated By
None
MT4 Integration
No
Min. Deposit
0.001 BTC/BCH/LTC
Min. Trade
0.01 lots
Bonus
$10 welcome bonus
Orbex is a trusted forex broker offering several accounts & the MT4 platform.
Demo Account
Yes
Regulated By
CySEC, BaFin, FSC (Mauritius)
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
None
OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
50% deposit bonus
Colmex Pro is a top retail trading provider offering competitive pricing.
Demo Account
Yes
Regulated By
CySEC, FSCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Trade a range of products on the MetaTrader platforms at DMM FX.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
Undisclosed
Min. Trade
0.01 lots
Bonus
None
FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads.
Demo Account
Yes
Regulated By
IFSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
15% deposit bonus with Bitcoin payments
CIX Markets is an FCA-regulated online trading broker offering powerful tools.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.1 lots
Bonus
None
CFD Global FX is an offshore broker offering trading on multiple financial markets.
Demo Account
Yes
Regulated By
None
MT4 Integration
No
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Trade the markets with MT4 trading tools alongside CySEC regulation.
Demo Account
Yes
Regulated By
CYSEC, VFSC, FSCA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Trade on the financial markets with the latest technology at City Credit Capital.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
SmartFX is a leading online provider of forex, CFDs and futures.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
No
Min. Deposit
Undisclosed
Min. Trade
0.01 lots
Bonus
None
FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.
Demo Account
Yes
Regulated By
CySEC, IFSC
MT4 Integration
Yes
Min. Deposit
$1
Min. Trade
0.01 lots
Bonus
$100 welcome bonus
FXGiants is a top trading provider, offering a breadth of assets on the MT4 platform.
Demo Account
Yes
Regulated By
FCA & ASIC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
$10 no deposit welcome bonus
Forex4you offers retail trading on a choice of top trading platforms.
Demo Account
Yes
Regulated By
BVI FSC
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
100% deposit bonus
ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
1 EUR/USD
Min. Trade
0.01 lots
Bonus
30% welcome bonus (non-EU traders only)
FCMarket offers forex, stocks and commodities trading on a choice of live accounts.
Demo Account
Yes
Regulated By
SVG FSA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
FXTrading offers online forex, stocks, commodities and crypto financial markets.
Demo Account
Yes
Regulated By
ASIC, VFSC
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
10% deposit bonus up to $5,000
Trade FX, stocks, cryptos and commodities with powerful trading tools at eXcentral.
Demo Account
No
Regulated By
CySEC, FSCA
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Start trading forex and CFD products on the MetaTrader 4 platform at Finotrade.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$1,000
Min. Trade
0.01 lots
Bonus
None
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
None
Min. Trade
0.01 lots
Bonus
50% spread cashback
Capital Index is a spread betting, FX & CFD provider offering reasonable trading fees.
Demo Account
Yes
Regulated By
FCA, ASIC, SCB
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
$50 welcome bonus
TeleTrade offers ECN accounts with tight spreads & powerful trading platforms.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
100 EUR/USD
Min. Trade
0.01 lots
Bonus
None
Trade stocks, forex and commodities on the CrescoFX platform & MT4 app.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$1,000
Min. Trade
0.01 lots
Bonus
None
KLMFX offers traditional assets and markets on the MetaTrader 5 platform.
Demo Account
Yes
Regulated By
None
MT4 Integration
No
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
100% deposit bonus
With multiple trading products and an advanced suite of analysis tools, Darwinex is an excellent online broker.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
FIBO Group is a dual-licensed forex broker offering multiple trading platforms.
Demo Account
Yes
Regulated By
CySEC, FSC BVI
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
Global Market Index offers multiple asset classes on five powerful trading platforms.
Demo Account
Yes
Regulated By
FCA, VFSC
MT4 Integration
Yes
Min. Deposit
$2,000
Min. Trade
0.01 lots
Bonus
None
FXDD offers online trading in six major asset classes on the MT4, MT5 and WebTrader platforms.
Demo Account
Yes
Regulated By
Malta Financial Services Authority (MFSA), Mauritius Financial Services Commission (MFSC)
MT4 Integration
Yes
Min. Deposit
$/£1
Min. Trade
0.01 lots
Bonus
None
AMarkets offers a suite of tools and trading products on the MT4 & MT5 platforms.
Demo Account
Yes
Regulated By
FSA SVG
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
25% welcome deposit bonus
CPT Markets offers CFDs, futures and options trading on the MT4 platform. 
Demo Account
Yes
Regulated By
FCA, IFSC (Belize)
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Trade forex, CFDs and futures with leading tools and low minimum deposits.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
No
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Choose from a multitude of trading platforms and instruments at Intertrader.
Demo Account
Yes
Regulated By
Gibraltar Financial Services Commission & Limited Regulation under the FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
Up to 10% rebate scheme
Daniels Trading offers a variety of trading solutions & advanced tools.
Demo Account
Yes
Regulated By
National Futures Association (NFA)
MT4 Integration
No
Min. Deposit
$2,000
Min. Trade
0.01 lots
Bonus
None
House of Borse offers trading in over 200 financial instruments on MT4 and MT5.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$5,000
Min. Trade
0.01 lots
Bonus
None
Trade stocks and options on advanced platforms at Cobra Trading.
Demo Account
Yes
Regulated By
FINRA
MT4 Integration
No
Min. Deposit
$30,000
Min. Trade
$1.00
Bonus
None

Automated Trading Explained

The simple definition: an investment strategy where clients set up a program of parameters like price and amount, which if met will trigger the execution of a specific trade.

For example, a trader could instruct the system to enter a long position of 50 lots of EUR/USD if it rises above 1.500, or to buy Google shares if the price falls lower than the 20-day moving average. In theory, automated trading results in a strategy based on data and not emotional sentiment, meaning that earnings may increase for both beginners and experienced investors. Systems are also able to monitor market volatility much more broadly, so can detect changes and respond more rapidly than a human.

Automated systems include Expert Advisors (EAs) and trading robots. Robots automatically place market orders based on the set algorithms discussed above. EAs offer the client trading signals, which are alerts about a potential order opportunity, that a user can manually act on or have the EA place automatically depending on their set-up. Copy trading is another form of automated investing that allows users to replicate the strategies and positions of successful traders.

To get started at home, clients should select an online broker that allows order execution with robots.

Markets

Algorithmic strategies can be used across the majority of markets that offer manual trading. It is particularly popular with forex brokers and in futures markets, though bots are also used with cryptocurrency exchanges, hedge funds, ETFs, CFDs, and for options and commodities. Automated stock and gold trading systems are also utilised at high volume, for example buying and selling on the ASX or NSE stock exchanges.

How To Create An Automated Trading Bot

Building an automated trading system requires coding knowledge, whether you start from scratch or use a program to help you. Robot software is readily available in the UK and many of those with positive reviews offer free trial periods. Artificial intelligence (AI) is also becoming widely used in automated trading software. You may also decide to hire a developer to create the program, which could match your requirements more closely but might carry extra expense compared to buying a robot directly.

An automated trading robot, or bot, can be created in any programming language – some users prefer Python as it can eventually allow your bot to use machine learning. However some platforms require the program to be written in a specific language, for example MetaTrader systems must use MQL.

Users should then pick a broker for automated trading, a choice which depends on the assets you wish to buy/sell and on whether they have an open-source API – this is critical for your bot to be functional. After selecting a host server for the bot, e.g. a cloud or even a Raspberry Pi, you are ready to start creating an automated trading system.

Automated Trading With Python

Many users choose to create their automated trading bot using Python. This language is prevalent in the algorithmic space as it gives access to excellent frameworks for using machine and reinforcement learning in the future. Programmers can usually find API documentation, e.g. for stock trading, using Python on Github.

Other languages like R and Java are popular in the development of bots. MATLAB and artificial neural networks have also been applied to generate these systems, and they can even be created from Excel.

Best Automated Trading Software & Brokers

Automated trading is now offered by a wide range of brokers and companies. Below we cover some popular choices.

MT4

Automated trading in the MetaTrader4 (MT4) platform, as well as the updated MetaTrader 5 (MT5) solution, is performed using Expert Advisors (EAs). Clients can either buy EAs directly from the platforms marketplace or can opt to program their own bots using the system’s programming language, MQL4. Reviews for this software are generally excellent, and it often appears in top five lists for automated investing systems. Traders can find many tutorials and forums online to get started.

Potential users may also be interested in MultiCharts, a similar offering to MT4 that was created with algorithmic strategies in mind.

NinjaTrader

Regulated by the National Futures Association (NFA), NinjaTrader 8 is a dedicated platform for automated trading strategies. It allows clients to create or purchase systems, and then execute orders either with the NinjaTrader brokerage or another partner broker like TD Ameritrade. Traders can use the key aspects of NinjaTrader 8 free of charge, but may also choose to rent or own the platform to access more advanced features and lower commission rates.

Robinhood

Robinhood is a platform where clients can trade stocks, ETFs, or options commission-free and with no account minimum. Building an automated trading system in this platform requires an API, which is available from the firm in Python via Github. Potential clients with little coding experience should note that automated trading on Robinhood appears to have no technical support from the firm, and may be better suited to advanced programmers.

Zerodha

The Zerodha technology suite includes several trading platforms, which offer free equity delivery and mutual fund investments alongside stocks, futures and options. Fully automated trading using Zerodha is possible using the online Kite platform with the Kite Connect API, available on Github. The firm provides an in-depth video tutorial on their website. Traders can also install Zerodha Pi, the software platform offering, to access additional features.

Interactive Brokers

Interactive Brokers is regulated by the Financial Conduct Authority (FCA) and advertises the lowest costs in the industry. The firm also offers its own desktop platform named Trader Workstation (TWS), and a trading app for iPhone and Android called IBKR Mobile.

Several programming languages including Java and DDE for Excel are supported on the TWS API, which is the connection that makes automated trading with Interactive Brokers possible. The broker also offers Capitalise.ai, a subscription that allows traders to generate algorithmic strategies without coding.

Thinkorswim

Clients with TD Ameritrade can use the thinkorswim platform to make trades on a wide array of assets including stocks, options, and ETFs on a commission-free basis, plus futures, forex, and mutual funds. Automated trading is possible with the algorithm panel in thinkorswim, which is used for selecting trigger conditions, and more complex strategies can be achieved by writing manual code.

TradingView

TradingView is a social trading network for stocks, futures, and forex markets. Clients can start automated trading on TradingView by creating a bot in the PineScript language, with a set of predefined conditions. The bot can then be automated with the Wunderbit Trading platform by connecting to the API and linking the bot with a TradingView signal.

Cryptocurrency Exchanges

Automated trading robots and platforms for cryptocurrency such as Bitcoin and XRP are particularly popular, as the crypto asset market runs 24/7 and system bots can also operate round the clock. Automated Bitcoin trading in the UK is done on exchanges such as Binance, Coinbase Pro, and Kraken – clients have access to established bots like Cryptohopper or 3commas if they do not wish to create their own. These bots cost around $20 per month, often require no installation, and can even alter the automated trading strategy based on market news.

Other Brokers

Many more brokers offer automated forex and stock trading with at least a public API – these include OandaDegiro, IQ option, IG, ZuluTrade, eToro, XTB, JForex, TradeStation, Trading 212, eTrade, Questrade, Fidelity, Zorro, Tradovate, and QuantShare. Brokers that offer useful tools such as a trading journal to keep track of algorithmic investments are beneficial.

Automated Trading Strategies

Time-Series Momentum/Mean Reversion

This concept, sometimes called trend-following, involves using the past price return of an asset to predict its future values. In time-series momentum, it is expected that the future price will follow the same trend as previously observed, and in mean-reversion it is anticipated to go in the opposite direction.

Dollar-Cost Averaging

This strategy involves investing money into an asset bit by bit instead of all at once, to reduce the effect of volatility. By using smaller and similar amounts periodically, you could avoid investing all your capital at high price points.

Day Trading Automation

Many day trading approaches can be automated, including popular systems like the gap-up momentum strategy. This idea is used when a financial instrument opens considerably higher or lower than it closed on the previous day, which generates momentum that can be exploited as not all instruments will keep rising.

Clients can evaluate the viability of their automated trading strategies using backtesting, which applies the set parameters to previous market data.

How To Start Automated Trading

Clients should start by selecting a broker, and taking into account how much automation they want readily available. For example, Interactive Brokers clients can create automated strategies without involving any code, whereas traders with brokers like Robinhood would have to be experienced in programming languages to use algorithmic methods.

After signing up with the chosen broker and depositing funds, your strategies can be operational straight away. Beginners might first consider copy trading, which is an automated form of execution that copies the orders of other investors with a successful track record. This does not require the more complex set up of a trading robot and may make clients more comfortable with the risk associated with an automated process.

It’s also worth checking out the multiple books and online courses available to get a boosting approach to automated trading.

Pros Of Automated Trading

  • Reduces emotional impact – where humans may become hesitant after losing trades or over-confident after winning, bots simply adhere to the predetermined criteria and execute orders when these are met
  • Faster and simultaneous order execution – bots can place trades more rapidly than humans, operate 24/7 and execute multiple orders at once which is critical in fast-moving markets
  • Backtesting – applying the strategy you have developed to historical data allows you to assess the validity of the set parameters, which can help to improve profits by fixing issues before trading with real funds
  • Diverse portfolio – as bots can monitor several assets, markets, and strategies at once it encourages the traders’ portfolio to widen and also mitigates risk as capital is spread over many instruments
  • Legal – UK laws do not prohibit the use of automated trading strategies

Cons Of Automated Trading

  • Monitoring still required – automated systems are vulnerable to IT issues like internet crashes just as a computer operating manual trading would be, and as such should be monitored so any problems can be rectified swiftly
  • Needs technical knowledge and experience – automation requires considerable trading and programming expertise, and it is best to consider especially as a beginner whether it would be beneficial compared to manual strategies
  • Perfecting strategies in backtesting – testing your automated system and adjusting it to be entirely profitable based on previous market data is not a guarantee that it will fare well as a live strategy, and so initial automated trades should always be relatively small

Final Word On Automated Trading

Automated trading systems, or bots, work by adhering to a pre-programmed set of parameters and will execute orders if the parameters are met. Markets like cryptocurrency and forex are popular with these algorithm bots, alongside platforms such as MT4. Bots can be created from scratch using languages like Python or can be purchased and optimised using software. Although these strategies remove the human emotional aspects of trading and can execute orders simultaneously 24/7, they require a lot of technical expertise, and orders must still be checked frequently.

FAQs

How Does Automated Trading Work?

Algorithms follow pre-defined instructions to scan the financial markets and execute trades based on specific criteria. This allows for the automatic opening and closing of trades in line with a trader’s specific strategy. Online systems still need careful development and monitoring.

What Types Of Automated Trading Systems Exist?

Automated trading algorithms can follow different strategies, from following detailed technical analysis to acting upon major news events. Copy trading is also a form of automated trading that will see the positions and strategies of successful investors automatically followed.

Is Automated Trading Legit?

Yes, automated trading is a legitimate way to invest in the financial markets. In fact, up to 80% of certain markets, such as FX, are thought to be automated. Institutional investors, in particular, use sophisticated algorithms to approach the markets. Retail traders are quickly realising its potential too.

How Do I Start Automated Trading?

To get started automated trading, you’ll first need to sign up with a broker that offers auto trading. You can then buy pre-built expert advisors or trading bots. Alternatively, you can use software, such as MT4 and MT5, to build, test and deploy your own trading algorithms.

Will Automated Trading Make Me Money?

Automated trading is no shortcut to profits. Algorithms still require careful development and monitoring. The bots are only as good as the humans that have designed them. Left to their own devices without the proper supervision, trading bots can accumulate losses. It’s therefore important to have a careful risk management strategy with alerts and halts in place.

Should I Start Using Automated Trading?

Automated trading isn’t for everyone. However, for those with established manual strategies that want to automate to save time and increase volumes, it could work. Buying established trading bots may also suit beginners who don’t have time to analyse the markets and want to see how successful strategies operate and perform on the forex market, for example.