Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.2% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Beginner

What is the best algo platform?

There are a wealth of trading platforms out there which facilitate algorithmic trading. They generally differ in terms of the coding language they support, so cross compatibility is not often achievable without code changes. If you’re a coder with specific skills in a certain language, finding the right platform for you might require research about the coding languages accepted by the platform itself.

This being said, one of the most popular and easy to use platforms for algorithmic trading is the MT4 platform. Having been around for over 15 years now, it has become an industry standard for new and professional traders alike. Using the MQL4 coding language (based on C++), creating expert advisors which place trades and manage your account for you has never been easier.

Not only is it easy to create your own algorithm through the MT4 platform, but a vast community and marketplace has developed over the years, making it one of the best platforms to buy off-the-shelf software, indicators, signals and trading robots from. You can find many solutions for your MT4 trading needs here.

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