Algorithmic trading accounts for 80%+ of daily Forex trading volumes, but most retail Forex traders rely on manual trading, placing them at a distinct competitive disadvantage.
Capitalise AI allows code-free algorithmic trading and connects to MT4. It emerged as the most cutting-edge trading tool, but only a handful of Capitalise AI brokers exist. While traders can use Capitalise AI, does it provide the necessary advantage to transform a manual portfolio into a cutting-edge operation? Read my Capitalise AI broker review and determine if and how you can benefit from it.
- AvaTrade, Highly regulated, choice of fixed or floating spreads.
- Eightcap, Competitive pricing + excellent daily videos.
- ACY Securities, Swap-free trading with the MT5 trading platform.
Capitalise AI Forex Brokers Reviews
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Regulators | ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID | ASIC, CySEC, FCA, SCB | ASIC |
Year Established | 2006 | 2009 | 2011 |
Execution Type(s) | Market Maker | ECN/STP, Market Maker | ECN/STP, Market Maker |
Minimum Deposit | |||
Average Trading Cost EUR/USD | 0.9 pips | 1.0 pips | 1.1 pips ($11.00) |
Average Trading Cost GBP/USD | 1.5 pips | 1.2 pips | 1.1 pips ($11.00) |
Average Trading Cost Gold | $0.29 | $0.12 | $0.15 |
Trading Platform(s) | Other, MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based+ | MetaTrader 4, MetaTrader 5, Trading View | MetaTrader 4, MetaTrader 5 |
Islamic Account | |||
Negative Balance Protection | |||
| Visit Website | Visit Website | Visit Website |
AvaTrade
In Summary Highly regulated, choice of fixed or floating spreadsAvaTrade provides beginners with industry-leading education via the Ava Academy. Traders also receive the MT4 Guardian Angel plugin and the fee-based Ava Protect insurance policy, protecting against trading losses. The well-balanced asset selection includes cryptocurrencies, ETFs, and bonds. Forex fees start with commission-free spreads of 0.9 pips per 1.0 round lot or $9.00. Equity CFD trading has reasonable commission-free fixed spreads between 0.13% and 0.19% with a maximum leverage of 1:10. It places AvaTrade among the best Capitalise AI Forex brokers.
AvaTrade has a high-paying partnership program featuring 70,000+ partners and $250M+ commission payouts for passive income seekers.
Pros & Cons
- High quality educational offering via AvaAcademy
- Excellent choice of trading platforms catering to various trading needs
- Broad asset selection and cross-asset diversification opportunities
- Well-regulated and trusted broker with oversight from a central bank
- Trading costs competitive but nothing special
Eightcap
In Summary Competitive pricing + excellent daily videosI rank Eightcap among the best Capitalise AI Forex brokers as it offers traders deep liquidity, fast order execution, and raw Forex spreads from 0.0 pips for a commission of $7.00 per 1.0 standard round lot. VPS hosting ensures 24/5 low-latency Forex trading. The well-balanced asset selection includes 100+ cryptocurrency CFDs, and Eightcap supports cryptocurrency deposits and withdrawals with instant processing and a minimum transaction size of $50. Traders also get 24/5 customer support.
The $100 minimum deposit makes Eightcap and Capitalise AI accessible to all, and Eightcap supports micro lot trading from 0.01 lots or 1,000 currency units.
Pros & Cons
- Low minimum deposit and high leverage of up to 1:500
- Competitive cost structure
- Excellent technology infrastructure and seasoned management team
- Daily research and quality educational content
- Limited leverage in some areas
ACY Securities
In Summary Swap-free trading with the MT5 trading platformACY Securities ranks among the best Capitalise AI Forex brokers, providing a well-balanced asset selection of 2,200+ assets and VPS hosting for 24/5 low-latency Forex trading. Forex traders benefit from competitive fees, starting with raw spreads from 0.0 pips for a $6.00 commission per 1.0 round lot for a reasonable $200 minimum deposit requirement. ACY Securities also offers deep liquidity with an average order execution speed of under 30 milliseconds, which is ideal for scalpers.
Beginner education features trading courses, webinars, seminars, e-books, and a Forex trading how-to snapshot. A seven-member team adds educational value via in-house market commentary.
Pros & Cons
- Large repository of daily analysis and educational content
- Low spreads starting at 0 pips in the Spread Zero account
- 16 payment processors, including cryptocurrencies
- Competitive trading fees in its commission-based accounts
- Only 1 regulator
What Is Capitalise AI in Forex Trading?
Capitalise AI is a third-party trading tool that enables automated trading in a code-free environment. It connects to MT4, and traders can use everyday English to code their strategies. It includes a backtesting tool, the ability to refine trading strategies, and a simulation. The Strategies Library has many live strategy examples, and Smart Notifications help traders monitor their portfolios. Capitalise AI is free via partner brokers and exchanges and ranks as the most innovative third-party trading tool.
How to Connect My Trading Account to Capitalise AI
Traders must connect their trading account to Capitalise AI before being able to use Capitalise AI for code-free algorithmic trading.
Here is how you can connect your trading account to Capitalise AI:
1. Log into Capitalise AI
2. Click “Connect Trading Account”
3. Enter your MT4 account number, password, and server.
4. Click “Submit.”
Noteworthy:
You can connect multiple trading accounts to Capitalise AI, but only one can be active at any time
Automating Trading Strategies with Capitalise AI
Traders must trade with a Capitalise AI broker, as they must connect their trading account to Capitalise AI, which is only available at partner brokers and exchanges.
Here are a few ways to automate trading strategies with Capitalise AI:
- Ideally, traders have an existing strategy that they wish to code using everyday English
- The backtesting tool allows traders to evaluate their strategy, refine, and simulate conditions to evaluate results
- Traders can create automated strategies using technical indicators, specific timeframes, or macroeconomic news
- Traders may also check the Strategies Library for inspiration
Trading with Capitalise AI – Pros and Cons
Before traders connect their trading accounts to Capitalise AI, they should consider the pros and cons of trading with Capitalise AI.
The Pros of Trading with Capitalise AI
- Algorithmic trading in a code-free environment
- Free to use
- Connects to MT4 and other trading platforms
- Includes backtesting and simulations
- Strategies Library featuring live strategy examples
- Smart Notifications for portfolio management
- Code strategies using technical indicators, specific timeframes, or macroeconomic news
The Cons of Trading with Capitalise AI
- Traders must trade with a Capitalise AI broker
- Traders must have an existing trading strategy to code
- Traders still need to learn how to trade
Bottom Line
Capitalise AI brokers offer traders a unique competitive edge by enabling algorithmic trading in a code-free environment. Capitalise AI is free and includes backtesting, simulations, a Strategies Library, and Smart Notifications. It is the most cutting-edge trading tool that connects to MT4, but it is no substitute for learning how to trade, as it requires a trading strategy to code.
