The bargaining the good news about Forex automated.

I received comments positive and negative many of you that have experienced forex automation. I don't want to talk about the bad news immediately. So, what is good? Unfortunately, the good news is mainly to the APIs available for the development of your system and brokers that support automation. I have not heard of many success stories relating to the Automated Forex trading. Here are some recommended API and brokers and some comments so I'll explore them further.

Interactive Brokers is a free C++, Java, and.NET API. The C++ API is not highly recommended a merchant, I received an email from but the API are free. It will also say that, "Interactive Brokers is also good from a security point of view Fund, given that they are one of the largest brokerage houses." "Commission is very good market and basically offer everything that you can exchange with". This seems to be the best option, I've seen and certainly worth exploring further.

An another trader recommended Varengold Bank Exchange via Metatrader. He said that he was "yet to find something to come closer to their service using the Metatrader platform." Varengold Bank is a bank German and regulatory oversight by the Federal German Financial Services supervisory agency. Unfortunately I don't have much experience with brokers or regulators outside the United States, but this may be worth exploring if Metatrader is the platform of choice.

Interbankfx with Metatrader comes recommended also. A trader who has recently started using IBFX States, "I just started the negotiation live this week… automated they seem to be very friendly EA and come highly recommended.".

MB Trader is recommended because of their "well documented API and you can develop and test your system on their servers to demo for free." MB Trading is a relatively well known firm in the United States so that this could be yet another option worth Explorer.

Ninja trader comes recommended and may be a "good option which allows test and free development." It is also independent broker supporting the Gain Capital, Interactive Brokers, MB Trading and much more. I love the options and with the support of multiple brokerage, I can look into Ninja Trader further.

Other options include FSS or Forex System Selector FXCM. From what I've read, even if you really cannot not design your own system. You can choose from their own designed forex systems. I do not see the benefit to this at all.

FXTraderLink provides an Exchange installation automatically your account based on the signals of a portfolio of signal providers. I do not want to rely on a signal provider to "provide" me with wealth and more I do trust them. I am not a big fan.

I have not yet begun to explore these options yet, but I will regardless of the bad news that I received from other persons. It is possible to make money with forex automation? Unfortunately I cannot answer that. I had a tough enough time to do manually in exchange of money, but at this stage, I would like to try something else.

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