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April 25, 2016

Question:How to use EAs(Expert Advisers) on XTrade online trading platform?

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Answer:

Yes, you are allowed to use EAs(expert advisers) or other algorithm trading programs in XTrade online trading platform.

But XTrade offers only one trading platform built by the company, and EAs which are compatible with other platforms(MT4, cTrader) are not compatible with the XTrade online trading platform.

So you will need to find a way to adapt your trading program to the platform in this case.

Not MT4 but XTrade online trading platform

XTrde does not offer MetaTrader4 as its platform but its advanced web-based trading platform built by the company itself.

You can access to the trading platform on the web or as an application for Android and iOS devices.

In its web-based trading platform, you are able to manage all kinds of account activity including deposit/withdrawal, opening/closing orders and applying for promotions etc.

XTrade online trading platform maybe even easier in terms of usability comparing to MetaTrader4.

But still, in case you are looking to trade with EAs(algorithm program to trade) with XTrade, you will need to have your own technology to reflect orders into the trading platform by yourself.

Trading restrictions

As XTrade offers the largest number of CFD instruments through the platform, you might have already thought of some restrictions on trading methods.

There are certain trading methods which are not authorized by XTrade, which are not only limited to:

  • Snipping
  • Scalping
  • Pip-hunting
  • Hedging
  • placing “buy stop” or “sell stop” Orders prior to the release of financial data
  • arbitrage
  • manipulations or a combination of faster/slower feeds.

EA(trading programs) trading is not prohibited by XTrade, but you need to make sure that your program is not trading above kind of methods.

XTrade has the right to cancel orders and nullify profit/loss made upon unauthorized trading activity in its trading accounts.

Number 1 in CFD industry

The biggest merit of trading with XTrade is that:

You can access to more than 700 of CFDs(stock, Index, commodities, metals) and Forex Pairs in one trading account on the web.

When it comes to CFD tradings, no brokers might beat XTrade.

You can even trade with lower costs than the actual financial markets and even the tradings are high leveraged up to 1:400.

Like Cristiano Ronaldo has mentioned that “To be the best, you need the best. That is why I have chosen to partner with XTrade“, choosing XTrade as your CFD broker may be the best choice for you.

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