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Arnold Joseph
1-2 years

Can you use Expert Advisors (EAs) for automated trading on OSTOUL’s platforms?

Broker Issues
OSTOUL
Leverage
Platform
Instruments
Account
07-05
United States
WikiFX
Reply

From my own research and experience analyzing OSTOUL, I noticed that their trading platforms are limited to a proprietary Web Trader and a mobile app for iOS and Android. Notably, OSTOUL does not offer MetaTrader 4 or MetaTrader 5, which are the industry standards for using Expert Advisors (EAs) in automated trading. In my trading journey, I’ve found that the main advantage of MT4 and MT5 is their vast ecosystem of EAs and the ability to run custom scripts—both of which are crucial for traders who depend on automation. The absence of MT4/MT5 on OSTOUL’s platform is significant for me. Without these platforms, there is no native support for EAs or automated strategies. While proprietary platforms sometimes offer their own automation tools, I could not find any clear information or documentation from OSTOUL regarding algorithmic trading or automated strategy support on their web or mobile platforms. Given the lack of regulation and limited transparency about trading technology, I would exercise extra caution as a trader interested in automation. No matter your level of experience, the inability to use EAs can be a critical limitation if your strategies depend on them. For now, if automated trading via EAs is essential for you, OSTOUL does not appear to be a suitable option.

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