Which Broker has a free API you can trade mini lots with? | Forex Factory

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Which Broker has a free API you can trade mini lots with?

  • #1
  • First Post: Feb 24, 2009 2:35am Feb 24, 2009 2:35am
Hi guys,

as far as I know MB Trading is the only one, who offers this. I checked out every one I know (IB,HotSpot,Gain,Oanda,.......).
I am looking for an API I can use with an object oriented language, no scripting language. (This excludes for example Metatrader-Brokers and also FxSpyder)

Unfortunately MB caters to daytraders (their roll over is really, really, really bad).

Is MB really the only one?

Pete
  • #2
  • Feb 24, 2009 3:57am Feb 24, 2009 3:57am
Quoting napppeter
Hi guys,

as far as I know MB Trading is the only one, who offers this. I checked out every one I know (IB,HotSpot,Gain,Oanda,.......).
I am looking for an API I can use with an object oriented language, no scripting language. (This excludes for example Metatrader-Brokers and also FxSpyder)

Unfortunately MB caters to daytraders (their roll over is really, really, really bad).

Is MB really the only one?

Pete
Try MT4 brokers such as IBFX, FXCM MT4 to name a few.
IBFX even allow micro 0.01 lot (ie $0.10 per pip).
  • #3
  • Feb 24, 2009 8:23am Feb 24, 2009 8:23am
Hi ragnakore,

thx for your input. Are you sure, that the client version of MT4 has an API. As I read their homepage, only the server version (which you do not get) has the API.

I also read on other forums, that they "sell" the ability to call the dll's from a MQL written language as API, which certainly is not a "real" API.

Pete
  • #4
  • Feb 24, 2009 8:43am Feb 24, 2009 8:43am
Quoting napppeter
Hi ragnakore,

thx for your input. Are you sure, that the client version of MT4 has an API. As I read their homepage, only the server version (which you do not get) has the API.
MT4 brokers do NOT expose an API so any orders will need to be placed by an EA.

I've heard of people using macro scripting languages to automate order entry with Oanda

I cant remember the brokers name but those people who supply the VT Trader thing (cmsfx ?) used to supply an API, but no idea if they offer mini or micro accounts, or if they are reliable etc, but might be worth taking a look
  • #5
  • Last Post: Sep 25, 2009 6:34pm Sep 25, 2009 6:34pm
Quoting napppeter
Hi guys,

as far as I know MB Trading is the only one, who offers this. I checked out every one I know (IB,HotSpot,Gain,Oanda,.......).
I am looking for an API I can use with an object oriented language, no scripting language. (This excludes for example Metatrader-Brokers and also FxSpyder)

Unfortunately MB caters to daytraders (their roll over is really, really, really bad).

Is MB really the only one?

Pete
You could try to use MT4 API for .NET and trade your strategy at any MT4 broker.
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