In this article, we are going to go through which proprietary trading firms allow traders to use EAs for trading.
Which prop firms allow EAs?
In this article, we are going to go through which proprietary trading firms allow traders to use EAs for trading.
Note that despite the list, you should consider asking the desired prop trading firm about the use of EAs and not use them until you get approval! In addition, you should also consider that you shouldn’t be using third-party EAs because you are running the risk of breaching the maximum allocation rule of a particular proprietary trading firm since more traders can be using the same third-party EA!
You can see which proprietary trading firms allow traders to use EAs as their trading strategy in the spreadsheet below:
Note that despite the list, you should consider asking the desired prop trading firm about the use of EAs and not use them until you get approval! In addition, you should also consider that you shouldn’t be using third-party EAs because you are running the risk of breaching the maximum allocation rule of a particular proprietary trading firm since more traders can be using the same third-party EA!
You can check complete reviews of EAs and the proprietary trading firms listed above on our website.
This article was lastly updated on 15.04.2024 at 16:26 (CE(S)T).
8 Replies to “Which prop firms allow EAs?”
Leave a Reply
NEWSLETTER
Always stay up to date with our latest news
Hello, Top Tier allows EAs now on their Challenge Plus Accounts.
You are correct. We have updated our prop facts. Thank you for the notification.
TFT allows EAs on Royal challenges.
Thank you for your reply. You are correct, the article was updated.
Hello
MyForexFunds according their 17th rule do not allow EA
Hello, kindly note that self-developed EAs are allowed. The 17th rule only specifies that third-party software and vendors for trading are forbidden. This means that any third-party vendor that is selling a service (account management/EA) that promotes usage on any prop firm is forbidden.
Which prop firm alloew using HFT only for passing the challenge ?
Kindly note that proprietary trading firms in general don’t allow any HFT strategies during the evaluation challenge, as well as once a trader becomes funded.