Finding the right automated trading broker depends on several criteria, and if you are looking for such a broker in Australia, here are just a few examples。

Automated trading systems sound like a great opportunity for new traders。After all, they will have a better chance of making a profit without managing the trade。In this way, automated trading provides flexibility for busy traders who can stay in the market while continuing to work full-time。

If you are an Australian trader, there are plenty of automated trading brokers to try。

1. IC Markets: VPS and low latency trading available to reduce latency during automated trading。
   Pepperstone: Allows building and running EA with MetaQuotes Language 4 (MQL4)。
   Admiral: Provides Virtual Private Server Service (VPS)。
   XM: allows trading with EA as well as built-in and custom indicators。
   OANDA: Create and test your automated trading strategy using its API。

Each of the above brokers have different conditions for automated trading, this article will discuss more about their automated trading and support features。

1. IC Markets

IC Markets is an Australian broker based in Sydney。The broker is regulated by ASIC with license number 335692。They are known for their original accounts, offering competitive spreads for all trades, ensuring that their original spreads go from 0.Start at 0: 00。

The CySEC-regulated broker claims to use its low-latency fiber and Equinix NY4 servers to execute orders in 40 milliseconds to reduce slippage and re-quotes.。Of course, they also offer VPS to ensure that traders have the smoothest trading experience。

If you want more trading tools to choose from, IC Markets has more than 60 Forex pair products, 1659 products or stocks and more。Digital currencies can also be used, but currently the broker only allows the use of 10 cryptocurrencies。They also offer instant deposits and free commissions, which are very loose in terms of funding。

---

IC Markets is a private company in International Capital Markets Pty Ltd..) an online forex brokerage company operated under。Traders under Australian jurisdiction offer trading services at IC Markets-AU, which is based in Australia and licensed by the Australian Securities and Investments Commission (ASIC).。

On the other hand, non-Australian traders who open accounts with the broker are under the Seychelles-basedIC Markets SEY registered and regulated by the Seychelles Financial Services Authority (SFSA)。This dual operation is the result of the Australian Securities and Investments Commission's relatively new rules, which prohibit its regulated brokers from providing trading services outside Australia.。

IC Markets is classified as an ECN broker offering clients MetaTrader 4, MetaTrader 5 and cTrader as platform trading options。The broker also follows market trends with cryptocurrencies as one of its products, enriching its already wide selection of trading assets, including currencies, indices, metals, energy, software, stocks and bonds.。

with other affectedThe minimum deposit for IC Markets is at a moderate level compared to ASIC-regulated brokers, as each customer has a deposit of $200。Market analysis materials are also regularly prepared for trading insights on the official website of IC Markets, proving their ability to provide traders with important content created specifically for the market experts they work for.。

For payment methods,IC Markets allows financing and withdrawals via wire transfers, credit cards, PayPal, Skrill, Neteller, FasaPay, UnionPay, and BitPay's Bitcoin。The more interesting aspect of the broker is its multiple base currencies, including the US dollar, Australian dollar, euro, British pound, Singapore dollar, New Zealand dollar, Japanese yen, Swiss franc, Hong Kong dollar and Canadian dollar。

因为IC Markets' trading technology is equipped with highly centralized servers and extremely low latency (especially on cTrader), and the broker is well known for its ability to host traders with special needs for high-frequency trading and order brushing。

Anyway,IC Markets is the right destination for active traders looking for well-regulated brokers。IC Markets is also flexible in terms of base currency and payment methods, which demonstrates their commitment to welcoming traders from outside their home countries.。By the end of 2019, IC Markets was offering websites in 18 international languages, including English, Korean, Indonesian, French, Spanish, Italian, Malay, German and Chinese.。

2. Pepperstone

Pepperstone is an excellent Australian broker based in Melbourne that also offers automated trading。The broker is regulated by ASIC with license number 414530。

The brokerage firm offers many automated trading features。One of the most compelling services is cTrader API Automated。It allows you to test and optimize your trading strategy back and forth by building automated trading robots and custom indicators.。Considering that most brokers are focused on offering automated trading on MetaTrader, it is quite unique。

In other words, Pepperstone's automated trading allows you to trade the market 24 / 5 without having to interfere with various deposit and withdrawal payment methods。

They execute fast and have a fill rate of up to 99.9%, and no trading desk intervention is required to ensure that slippage does not interfere with the profits you earn through automated trading。They also offer competitive raw spreads called "Razor Spreads," which you can enjoy as low as 0.Spread of 0 points, with deep liquidity and no need to re-quote。

---

Founded in 2010 by a team of experienced traders working together to improve online trading, Pepperstone is based in Melbourne, Australia and has grown into one of the world's largest forex brokers.。If a trader wants to find a broker that offers low spreads, fast execution and award-winning support, the answer is Pepperstone。

Pepperstone has strong legal safeguards as it is licensed by Australian regulators ASIC and FCA.。Traders "funds can be deposited into separate accounts at Australia's top banks, one of which is National Australia Bank (NAB).。Therefore, if a trader chooses to open an account in Pepperstone, the safety of funds is not an issue。

They successfully partnered with 23 top banks to bring bids to investors instantly via fiber optics, which enabled all orders to be executed 100% automatically with delays as low as zero..05 milliseconds, no need for trading desk intervention and re-quotation, and ultra-low transaction costs。

Pepperstone is trusted by more than 73,000 traders worldwide, processing an average of 125 per day..$500 million in trading volume and won awards for such things as:

Best Forex ECN Broker and Best Forex Trading Support Worldwide 2019 (Europe)
Best Australian Broker and Best Trading Platform 2018 by Compare Forex Brokers
2018 UK Forex Awards Best Forex ECN Broker, Best Forex Trading Support and Best Forex Trading Conditions

With numerous awards, Pepperstone attracts more and more traders from all over the world。Pepperstone's performance rose not only because of its ultra-low spreads and fast execution services, but also because many traders were keen to trade in currencies other than the US dollar.。

As a result, Pepperstone is one of the most responsive brokers to the market because it is willing to accept deposits in 10 currencies, including the Australian dollar, the US dollar, the euro, the Canadian dollar, the British pound, the Swiss franc, the Japanese yen, the New Zealand dollar, the Singapore dollar and the Hong Kong dollar.。

Pepperstone allows traders to choose between 11 trading platforms: MT4 Desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad / Tablet, MT5, WebTrader, cTrader WebTrader, cTrader cAlgo and cTrader Mobile。The choice of trading platform is very practical for novices because it executes quickly。

When trading Forex, traders can enjoy 0 on their Razor account.0 pip original spread, over 61 currency pairs, and commission-free account funds for various deposit options。In addition to currency pairs, Pepperstone offers several types of trading tools, including indices and stocks, commodities and cryptocurrency CFD。

Commodity trading tools are very diverse, not only metals, gold and silver, but also soft commodities such as cotton, sugar, coffee, cocoa and orange juice.。Pepperstone also offers energy (oil and gas) trading.。

Pepperstone offers two types of accounts, Razor accounts and Standard accounts。If you are a beginner, it is recommended to choose a EUR / USD average spread of 1.0-1.3 point and commission-free standard account。

Traders with specific trading styles (such as scalping traders and algorithmic traders) may enjoy the traditionally lower-cost setup of Razor accounts, with a trading commission of 7 Australian dollars and a trade of 100,000 US dollars per round..01 (micro) and 1: 400 leverage to start trading。

As Pepperstone customers, traders can deposit and withdraw money through Visa, Mastercard, POLi Internet Banking, Bank Transfer, BPay, PayPal, Neteller, Skrill and Union Pay。

If you are new to trading or want to practice your trading skills in a risk-free environment, you can create a demo account, but if you are experienced or prefer to learn by doing, Pepperstone offers live accounts that allow you to trade with real-time execution and pricing.。

Traders can also use third-party services to follow popular trader scenarios while learning how to improve their trading abilities。Pepperstone works with a range of social trading platforms for traders to choose from, such as Myfxbook, ZuluTrade, Mirror Trader, MetaTrader Signals and Duplitrade。

3. Admiral Markets

Admiral Markets truly deserves to be one of Australia's best automated trading brokers。The broker is based in Sydney and is regulated by ASIC under licence number 410681.。

You can use MetaTrader 4 and MetaTrader 5 around the clock, including your own EA and indicators。To ensure you get the best trading experience, the broker offers a virtual dedicated server service or VPS to support automated trading。

This reduces the risk of costly delays。Admiral Markets spreads are very competitive, you can enjoy spreads as low as 0 points in both MT4 and MT5。Of course, there are a variety of instruments to choose from, including foreign exchange pairs, cryptocurrencies, bonds, stocks and more.。

4. XM

Another Australian automated trading broker you should consider is XM。The Australian broker is regulated by ASIC with licence number 443670 and is based in Sydney.。

This broker allows you to use EA for a better automated trading experience。If you don't know how to set up your system, they will provide you with built-in help guides for MetaTrader 4 and MetaQuotes Language 4。

XM also offers low spread accounts with spreads as low as 0.6 o'clock。However, if foreign exchange transactions are made, rollover fees may be charged。

---

XM was founded in 2009 as a company called Trading Point of Financial Instruments Ltd..A member of an online brokerage firm。To serve customers worldwide, the company has split into XM Australia and XM Global, as well as XM Cyprus。Each member has a different head office and license, XM Australia is registered under the Australian Securities and Investments Commission (reference number: 443670), XM Worldwide is registered under the International Financial Services Commission (60 / 354 / TS / 19), and XM Cyprus is registered under the Cyprus Securities and Exchange Commission (reference number: 120 / 10).。

XM is one of the more experienced brokers in today's online forex trading world。Since its inception, the broker has undergone many changes, including the addition of an ultra-low account and webinar function, which supports 19 different languages with 35 local instructors in each language。

In terms of trading instruments,XM is known for its diversity of asset providers, ranging from Forex, commodities, CFDs for equity indices, precious metals, energy, to equities。XM prides itself on being the ideal broker to execute trades, providing a statistic that 99.35% of orders executed in less than a second。Trading at XM also offers a strict no-re-quote policy, no virtual trader plug-ins, no rejection of orders, real-time market execution, and the option for traders to place orders online or over the phone.。

在在Spreads across all major currency pairs can be as low as 0 in an Ultra-Low account.6 points, while the spread of other accounts usually starts at 1 point。XM chose to limit their leverage to a scale of 1: 888, rather than offering a maximum leverage of 1: 500 or 1: 1000 (whole numbers), a unique number now widely recognized as a trademark of XM.。

In order to protect the client's funds in the case of extreme volatility,XM provides negative balance protection for each type of account。Deposits for micro and standard accounts start at $5, while Ultra-Low accounts require a minimum deposit of $50。Traders who open an account at XM can get conditions similar to a penny account environment in a micro-account, where each lot has a contract size of only 1,000 units.。If you use the smallest number of lots on the MetaTrader platform, which is 0.01 lots, then the trader can trade only 10 units per trade。

For deposits,XM applies zero-fee deposits in most of its available payment methods。Traders can choose to deposit and withdraw money by wire transfer, credit card, and the most popular electronic payment options such as Skrill, Neteller, and FasaPay.。

XM also provides Islamic accounts for Muslim traders who comply with Sharia law that prohibits the use of interest-bearing overnight swaps for each currency pair.。In order to provide their customers with the best trading experience, XM has opened access to MT4 and MT5 platforms, each with more than 6 display formats (PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android and Android tablets).。

In general, there is no doubt,XM has gone global, with its deep commitment to providing trading services worldwide available in more than 15 languages.。In addition to simplifying the trader's experience through mainstream trading platforms and high-quality trade execution, XM is open to all types of traders, from small capital traders to preparing large deposits. More experienced traders.。Even a penny trading environment for traders if they choose to register under a micro account。

for their global approach,XM has ensured that traders from various countries can easily access their services.。This has resulted in different domain names for traders in specific jurisdictions。

5. OANDA

OANDA allows you to trade automatically using MT4 plugin。You can also use their API to create and test your own automated trading strategies。OANDA also offers competitive spreads for all major and minor currency pairs it offers。

The brokerage firm advocates trading without re-quotes because market orders will only be rejected if they exceed the upper or lower limit you set to prevent price fluctuations。

OANDA is regulated by ASIC under license number 412981 and is located in Sydney, Australia。

---

OANDA can be an option for traders looking for a precision broker。This is because OANDA is a broker that offers 5-digit accuracy quotes and active price movements that follow market developments, and the broker's orders are executed faster.。OANDA provides benefits for novice traders because they can use a calculation system based on currency value for smaller trading volumes, which is different from other brokers that use lot systems。

OANDA was founded in 1996 by Dr. Michael Stumm, Lecturer in Computer Engineering at the University of Toronto, Canada, and colleagues at The Olsen Ltd, one of the leading econometric research institutes..Dr. Richard Olsen co-founded the institution。Their headquarters are located in San Francisco, USA。

OANDA Branches Everywhere。Some of these offices are located in the UK, Singapore, Japan and Canada。With the distribution of the number of offices, OANDA increasingly attracts the attention of global customers。

OANDA's companies are registered in several well-known jurisdictions in the field of financial transactions。They are regulated by the US CFTC and NFA, UK FCA, Australian ASIC and others。Traders no longer need to worry about security when trading OANDA。However, these advantages make OANDA's trading rules more stringent than other brokers。

For example, OANDA only allows a maximum leverage of 1: 20 because the rules in the United States and Japan do not allow higher than that leverage。In addition, the registration process is more complicated due to various additional requirements that other forex brokers do not submit。Most importantly, hedging is not allowed in one trading account, as the client must open another account to hedge。

Nevertheless, OANDA is known as a leading broker and offers many advantages。OANDA faces greater market risk during periods of price volatility, such as economic and political news announcements。When market spreads increase or decrease, their pricing engine expands or narrows spreads accordingly。In this way, traders can be more quickly updated on market price movements。

Prices in the market move very quickly, especially when news releases have a large impact on market volatility。Brokers often exploit this situation to take advantage of clients by re-quoting。However, traders do not need to worry about additional fees when trading with OANDA。

Firms never withdraw re-quotes, so traders get maximum profit。When traders cannot monitor open positions, they can set take profit orders to lock in profits and stop loss orders to help prevent further losses。

As an experienced and well-known online forex broker, OANDA is committed to maintaining an efficient trading environment, reducing delays and providing tools to help clients manage acceptable levels of slippage.。

With OANDA's fast and reliable trading platform, customers can trade at 0.Execute within 012 seconds。This is suitable for traders who choose a broker based on execution speed。

Due to this outstanding executive service, it is no surprise that Oanda has won many awards, including the world's best retail forex platform award in the prestigious e-FX awards.。The broker was also rated number one for consistency in executing trades on quote, execution speed and platform reliability.。

There is no minimum deposit or minimum balance requirement to open an OANDA account, both deposits and withdrawals can be done easily。OANDA offers multiple payment method facilities including Paypal, wire transfer, credit and debit cards。Traders can adjust according to the region they live in。

OANDA offers more than 100 trading instruments, including 71 currency pairs, 16 indices, 8 commodities (Brent, copper, corn, natural gas, soybeans, sugar, etc.), 6 bonds and 23 metals.。

fxTrade and MetaTrader platforms available on OANDA。These platforms are available for desktop and mobile devices。Another advantage is that they have OANDA technical analysis in cooperation with Autochartist technical analysis provider。

With these platforms, customers can more easily monitor price movements and automatically identify patterns created on charts and receive alerts when waiting patterns appear。The technology can be used for free。

In summary, OANDA is the ideal broker for traders who need fast execution backed by years of experience.。The firm is also a good choice for those looking for a broker with good regulation and flexible trading and deposit conditions。

Support automatic trading function

Some platforms with strategy building wizards allow traders to build their own automated trading systems。Sometimes traders need to work closely with programmers to develop systems。

When choosing an automated trading broker, you need to consider the following factors:

1. VPS hosting: Consider using a virtual private server (VPS) to host your automated trading system。VPS provides a stable, high-speed connection to broker servers, reducing delays caused by computer hardware, software or Internet outages。
   Trading Platforms and APIs: Trading Platforms and Application Programming Interfaces (APIs) for Evaluating Brokers。The trading platform should be user-friendly, stable and provide the tools needed for automated trading。The API should provide a reliable and efficient connection for your automated trading system。
   Integration with trading software: If you plan to use specific automated trading software or algorithms (such as "EA trading"), check whether the agent supports integration with these tools, compatibility and ease of integration can simplify your trading process。
   Latency: Low latency is essential for automated trading as it helps ensure timely execution of trades and minimizes slippage risk。You need to check the origin of the proxy server as this may affect the latency。

Advantages and disadvantages of automated trading

Advantages:

1. No trading psychology involved: controlling emotions is important if you want to trade successfully。Many traders make bad decisions because they panic or are affected by certain emotions, which are the result of not controlling their emotions and trading psychology。However, since automated trading is performed by robots, no emotions are involved in the process, and everything follows the results brought about by the automated system。
   Trade anywhere, anytime: If you still have a full-time job or usually have a very busy schedule, it may be difficult to monitor positions。It may be difficult to check positions clearly if not in the time zone of your preferred market。With an automated trading system, you can trade as usual。

Disadvantages:

1. Limited settings: you have little chance to change the automation system。If the market changes or evolves in some way beyond the established strategy, the system will not be able to adapt。If you are not careful, this can lead to huge losses。
   No educational value: Because you rely on software, there is no learning value, just like running on autopilot。This is different from when you trade on your own in the real market, which allows you to understand the brutal unpredictability of prices。

Conclusion

There are many Australian brokers offering automated trading, which can be a good and safer option for new traders, especially if they are busy, working full-time, or living in different time zones, which makes it difficult for them to stay in the market all the time.。Fortunately, these Australian brokers have excellent features such as low spreads, low latency, VPS, and some of the features needed to support automated trading。

Automated trading has been a controversial issue for years, but it's still winning over a growing number of users.。In fact, you can learn more about the advantages and disadvantages of forex automated trading。