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Rankings updated November 2026

Best Brokers For Automated Trading 2026

If you want to automate your trading you need a broker with built-in automation features or an open interface – an API –  you can to connect 3rd party automation software to. We have tested and listed the best brokers with auto trading features and/or external software connectivity.

Best Automated Trading Brokers

These are the 6 best brokers with support for automated trading in 2026:

Tested with a live trading account Accepts traders from New Zealand Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in New Zealand
    1
    BlackBull
    4.5/ 5
    Automation: Expert Advisors (EAs) on MetaTrader, cBots on cTrader
    • Demo account
    • Regulator: FMA, FSA
    • Min. deposit: $0
  2. 2
    Automation: Expert Advisors (EAs) on MetaTrader
    • Demo account
    • Regulator: FCA, FSCA, FSA
    • Min. deposit: $50
  3. 3
    XM
    4.8/ 5
    Automation: Expert Advisors (EAs) on MetaTrader
    • Demo account
    • Platforms: MT4, MT5, TradingCentral
    • Min. deposit: $5
  4. 4
    AvaTrade
    4.9/ 5
    Automation: Expert Advisors (EAs) on MetaTrader
    • Demo account
    • Min. deposit: $100
    • Min. trade: 0.01 Lots
  5. 5
    RoboForex
    4.5/ 5
    Automation: Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader
    • Demo account
    • Regulator: FSC
    • Platforms: R StocksTrader, MT4, MT5, TradingView
  6. 6
    IC
    4.8/ 5
    Automation: Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade
    • Demo account
    • Regulator: ASIC, CySEC, FSA, SCB, CMA-Kenya
    • Min. deposit: $200

Learn how we test brokers and why you can trust our ratings.

Here is a short summary of why we think each broker belongs in this top list:

  1. BlackBull 4.5/5 BlackBull gave us dependable bot performance - MT4/MT5 connectivity, VPS continuity, and low slippage on FX, indices and commodities through volatile sessions.
  2. Moneta Markets 4.4/5 Founded in 2019 and headquartered in Johannesburg, South Africa, Moneta Markets offers over 1000 instruments for short-term trading. New traders can choose between STP and ECN accounts while the smooth sign-up process has helped attract 70,000 registered traders.
  3. XM 4.8/5 In our automation tests, XM was steady: low-latency fills on MT4/MT5, clean EA handling, and VPS support that kept strategies running without hiccups. Backtests matched live behaviour closely across FX, metals and indices, which gave us confidence in deployment.
  4. AvaTrade 4.9/5 In our automation tests, AvaTrade ran EAs smoothly on MT4/MT5 with quick fills and low slippage. We could keep strategies online 24/7 using a third-party VPS, and MT5 backtests lined up well with live execution. For “no-code” or copy automation, the DupliTrade and ZuluTrade integrations provide signals reliably across FX, indices, and commodities - making AvaTrade a practical pick for set-and-forget systems.
  5. RoboForex 4.5/5 RoboForex handled automation well in our tests - MT4/MT5 and cTrader integrations, with VPS keeping EAs online 24/7. We saw crisp fills and stable performance on FX, commodities and indices.
  6. IC 4.8/5 IC was built for auto traders in our trials - ultra-fast execution on MT4/MT5 and cTrader, plus API access and dependable VPS hosting. Our EAs ran continuously with tight slippage across FX, indices and commodities.

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment
BrokerOur Users' RatingTrustpilot ScoreTrustpilot ReviewsiOS App RatingAndroid App Rating
BlackBull 4.0 / 54.7 / 535203.7 / 53.7 / 5
Moneta Markets 4.5 / 54.2 / 56535.0 / 54.4 / 5
XM 4.6 / 52.0 / 530794.7 / 53.9 / 5
AvaTrade 4.3 / 54.8 / 5136684.3 / 54.0 / 5
RoboForex 4.4 / 52.0 / 57744.7 / 54.4 / 5
IC 4.3 / 53.0 / 523.1 / 54.2 / 5

BlackBull

After improving its trading infrastructure with Equinix servers in London, reducing latency for traders, BlackBull is an obvious choice if you want to day trade stock CFDs with ECN pricing. With competitive spreads and no commission on a growing roster of digital tokens paired with USD, BlackBull also works for active crypto traders.

Christian Harris Christian Harris, Reviewer

BlackBull quick facts

Demo Account
✔Yes
Instruments
CFDs, Stocks, Indices, Commodities, Futures, Crypto
Regulator
FMA, FSA
Platforms
BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist
Minimum Deposit
$0
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, SGD

Automation

Expert Advisors (EAs) on MetaTrader, cBots on cTrader

Pros

  • After partnering with ZuluTrade and Myfxbook, alongside improvements to its own CopyTrader, and finally enabling cTrader Copy, BlackBull offers one of the most comprehensive copy trading experiences we've seen.
  • With two ECN-powered accounts (Standard and Prime), plus Prime+ - an active trader rewards program offering trading rebates - BlackBull accommodates beginners through to high-volume active traders.
  • BlackBull offers every ingredient for day traders; fast execution speeds of <100ms and tight spreads from 0.0 pips.

Cons

  • Although the Education Hub now features improvements like webinars and tutorials, the courses we’ve explored need more focus on explaining the wider economic factors influencing prices.
  • Unlike most top brokers, BlackBull charges an irritating $5 withdrawal fee, which can detract from the overall cost-effectiveness, especially for active traders who frequently move funds.
  • Despite a growing selection of 2,180+ assets, including additions to its Asia Pacific indices, they are mainly stocks with an average selection of currency pairs and indices.

Moneta Markets

With ECN pricing featuring spreads from 0 and commissions from $1, leveraged trading, and terrific charting platforms, Moneta Markets is an excellent broker for experienced day traders.

Christian Harris Christian Harris, Reviewer

Moneta Markets quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto
Regulator
FCA, FSCA, FSA
Platforms
AppTrader, ProTrader 2.0, MT4, MT5, TradingCentral
Minimum Deposit
$50
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, NZD, JPY, HKD, SGD, BRL

Automation

Expert Advisors (EAs) on MetaTrader

Pros

  • Moneta Markets makes account funding a breeze, with plenty of account currencies, zero transfer fees and a wide selection of traditional, digital and now crypto-backed payment methods.
  • Registering for an account with Moneta Markets is quick and easy through the digital sign-up process, taking just a few minutes with an accessible $50 minimum deposit.
  • Moneta Markets supports a growing suite of 1000+ tradable assets, with a particularly strong selection of commodities and more recently fresh index CFDs.

Cons

  • Clients need an account balance of at least $500 to access educational materials, a serious drawback for beginners who can get free materials from brokers like IG and eToro.
  • Although regulated by the FSCA, trading through the Seychelles-based entity may result in limited regulatory protections due to its offshore base and lax mandated account safeguards.
  • The best pricing is reserved for traders who deposit $20,000 for the ECN Ultra account, putting it out of reach for most retail investors.

XM

With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders.

Christian Harris Christian Harris, Reviewer

XM quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies
Regulator
CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE
Platforms
MT4, MT5, TradingCentral
Minimum Deposit
$5
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, JPY, ZAR

Automation

Expert Advisors (EAs) on MetaTrader

Pros

  • XM’s customer support has delivered over years of testing, with 24/7 assistance in 30 languages, response times of under 2 minutes and a growing Telegram channel.
  • XM’s growing roster of 1,400+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
  • XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.

Cons

  • XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable solution for a more beginner-friendly user experience with unique features.
  • XM is falling behind the curve by not offering cTrader, which is favored over MetaTrader by some serious traders for its smoother user experience and superior charting package.
  • Although trusted and generally well-regulated in some regions, XM also has global entities registered with the weak regulators like FSC (Belize) and FSA (Seychelles), whilst UK clients are no longer accepted, reducing its market reach.

AvaTrade

Celebrating 20 Years in the industry, AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets.

Jemma Grist Jemma Grist, Reviewer

AvaTrade quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures
Regulator
ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)
Platforms
WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade
Minimum Deposit
$100
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, ZAR

Automation

Expert Advisors (EAs) on MetaTrader

Pros

  • AvaFutures traders can now use TradingView for 100+ indicators, screeners and a calendar, the sharing of trade ideas, commissions from $0.45, intraday margins from $60, and access to exchanges like CME and EUREX.
  • AvaTrade launched AvaFutures to offer low-margin access to global markets, then expanded in 2025 as one of the first brokers to add CME’s Micro Grain Futures.
  • Years on, AvaTrade remains one of the few brokers offering a bespoke risk management tool, AvaProtect, that insures losses up to $1M for a fee and is easy to activate on the platform.

Cons

  • The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
  • AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.
  • While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.

RoboForex

RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists.

Christian Harris Christian Harris, Reviewer

RoboForex quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Crypto
Regulator
FSC
Platforms
R StocksTrader, MT4, MT5, TradingView
Minimum Deposit
$10
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR

Automation

Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader

Pros

  • RoboForex is known for its tight spreads starting from 0 pips and low minimum deposits from $10, making it accessible to those on a budget. The ability to trade with micro lots further lowers the barrier to entry for new traders.
  • RoboForex offers over 12,000 instruments, providing more short-term trading opportunities than the vast majority of online brokers, with forex, stocks, indices, ETFs, commodities, and futures.
  • In July MobileTrader Telegram Mini App was released - bringing out one of the first solutions we've seen that lets users execute trades and manage positions without leaving the Telegram messaging app.

Cons

  • RoboForex now restricts base currency options to USD and EUR. This limitation may inconvenience day traders preferring to manage their accounts in other currencies, while potentially leading to conversion fees.
  • Despite 15+ years in the industry and registering with the Financial Commission, RoboForex is authorized by one ‘Red-Tier’ regulator – the FSC in Belize, lowering the level of regulatory protections for traders.
  • While RoboForex offers competitive spreads, some of its account types come with high trading commissions up to $20 per lot, trailing the cheapest brokers, such as IC Markets.

IC

IC (formerly IC Markets) offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders.

Christian Harris Christian Harris, Reviewer

IC quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Regulator
ASIC, CySEC, FSA, SCB, CMA-Kenya
Platforms
MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower
Minimum Deposit
$200
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Automation

Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade

Pros

  • IC offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders.
  • IC secured DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its seamless, industry-leading MetaTrader integration, refined over years to maximize the platform experience.
  • You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.

Cons

  • Interest isn't paid on unused cash, an increasingly popular feature found at alternatives like Interactive Brokers.
  • Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind.
  • While IC offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.

Automation Through Copy Trading

Automated trading does not necessarily mean that you run special software or coded algorithms that make trading decisions for you, you can also simply automatically copy what other traders do.

This is called copy trading, and is becoming very popular due to its simplicity. It does not require any programming skills or other complications – just find another trader that seems successful and automatically copy their trades.

There are many different brokers and platforms that facilitate copy trading in different ways. To learn more and get started with copy trading, consult the list of the best copy trading brokers.

Automation Through High-Frequency Trading

For active traders, automation doesn’t always mean copying others, it can also mean deploying your own high-speed strategies. High-frequency trading (HFT) uses custom algorithms to scan the market and place trades in milliseconds, aiming to capture tiny price movements at scale.

Unlike copy trading, HFT is more advanced and requires technical know-how, but it gives you full control over your strategy. You’ll need a broker with low latency, raw spreads, and access to tools like FIX APIs and VPS hosting.

If you want to go deeper into automation, see our list of top HFT brokers.