Risk warning: Trading CFDs and FX is risky and if you are a professional client, losses can exceed deposits. Pepperstone Financial Services (DIFC) Limited is regulated by the DFSA. Arranging for Pepperstone Group Limited, AFSL 414530, the product issuer.


Why use your EA with Pepperstone?

We’re not the only broker to allow automated strategies. But there are a few reasons why you should be using your algorithms with Pepperstone.

Superior Executions

Algorithms, especially scalping ones, generally send a significant number of orders, sometimes over a very short period of time. It's essential that these orders are executed fast so that your strategy has a greater chance of success. At Pepperstone, we have no dealing desk intervention when it comes to any client orders, be it from client placed trades or algos. We execute 99.9%1 of all orders that we receive, with just a small portion of rejections where there are liquidity or other market related technical issues. Being able to successfully apply your EA to your trading account means having trust in your broker to execute your trades with near 100%1 success, and that’s what we can offer.

Further, we execute orders at an average rate of ~30ms2 when they hit our servers. That means that for pending orders (stops, limits, stop losses, take profits), you can count on very fast execution speeds which reduce execution slippage. We also have a number of DCs (data centres) and access servers for our global client base to connect to. These servers are located all across the world, with multiple access points in Europe, Asia, Australia, South & North America as well as the Middle East.

That means that, wherever you have your algo is based, we have a low latency location for you to connect to. That means faster price updates and faster trade executions.

Deep liquidity

Whether you’re trading micro, mini or standard lots, our deep pool liquidity from multiple liquidity providers reduces any slippage you incur. If you’re trading major & minor fx, major indices or gold, you can be confident that orders will be executed at a competitive price. Trading with Pepperstone means you won’t get slipped frequently due to poor liquidity conditions.

Simulate your algorithms

We have a range of Smart Trader Tools available for all clients to backtest their expert advisers & algorithmic strategies. One of these tools is the Trade Simulator. Available on the MT4 platform, use real live market data to test how your algorithmic strategy would have fared on historical data, and review its performance with a range of important trading metrics.

For more on the trade simulator, click here.

Competitive spreads

When trading with an algorithm, you want to be getting the lowest spreads possible and low commissions. We offer spreads from just 0.0 pips* on Razor accounts on 14 major and minor FX pairs, and some of the tightest spreads on gold and oil in the industry. Take a look at some of our minimum and average spreads on Razor accounts below:

InstrumentMinimum Raw SpreadAverage Raw Spread
Spot Crude2.02.3

EAs and algorithms trade off the quoted bid and ask prices on your platform, so you want to be sure you’re trading on tight, raw spreads. This ensures that your trade entry and exit points are triggered at market prices, and not at heavily marked up brokerage"prices.

*Other fees and charges may apply

1 99.5%. *Fill rates based on all trades 1-31 Dec 2021.

2 Order processing time once received in our bridge is approximately ~30 milliseconds for Pepperstone Group Limited.

Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information provided here, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.