Expert advisors and bots at prop firms
Many prop firms accept automated trading, yet almost all set boundaries. Here is what is generally welcome and what is not.
Generally welcome
EAs you have built, or purchased and adapted, together with trade managers and risk tools, are widely accepted, especially on MT5 and cTrader.
Generally prohibited
High-frequency trading, latency arbitrage, tick scalping and widely sold commercial EAs run by many traders at once. Firms watch for identical trades across accounts.
The platform question
MT5 runs EAs; cTrader runs cBots written in C#. Web platforms such as Match-Trader and TradeLocker do not support MT5 EAs.
Before you begin
Ask support in writing whether your EA is permitted and keep the reply. Our EA list shows each firm's position.
Questions, answered
Is a trade copier allowed?
Copying your own trades between your own accounts is often permitted; copying others usually is not.
Do EAs run on TradingView?
Not in the same way; TradingView relies on alerts and scripts rather than EAs.