Yes, Expert Advisors (EAs) are allowed for trading. Additionally, EAs can use virtual/hidden stop losses. However, there are some guidelines to follow:
Pre-Approval: We kindly request that EAs are pre-approved before use. To do this, please create a free trial account at https://app.alphacapitalgroup.uk/login and then email our support team at [email protected]
Enable EA at Checkout: When purchasing an account, make sure to click on "Enable EA" during the checkout process. However, please note that you will still need to contact our support team to process the enabling of the EA.
It's important to note that we do not allow High-Frequency Trading (HFT), latency arbitrage trading bots, EAs, or strategies. These are prohibited and will result in the closure of the account. The use of third-party EAs poses a risk to both our company and the trader. If more than one trader is found using the same EA and placing the same trades, the account will be flagged for breaching our "No Group Trading" rules, potentially leading to account failure.