AuthorBy Jeffrey CammackAuthor InformationUpdated: October 29, 2020

These are the best brokers offering AutoChartist, either completely free or conditional on a deposit threshold. While select brokers will offer Autochartist on all account types, it is more common that brokers offer Autochartist for free on limited account types.

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Best Forex Brokers with Free AutoChartist Support 2020

Last updated on 29 Oct 2020
Updated 29 Oct 2020
by Editorial Director Jeffrey Cammackby Jeffrey Cammack
Jeffrey Cammack
All Brokers Regulated
All Brokers Regulated
by Trusted Authoritiesby Trusted Authorities
Sweden
1
AvaTrade
Min. Deposit
GBP 100
4.184.18
Min. Spread
0.9 pips
Autochartist
Yes
EUR/USD Trading Cost per lot
GBP 9
11110.54.18/ 5
AlertAccepts UK Clients. Average spread EUR/USD 0.9 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & MT5 platforms supported. AvaTrade Group regulated by ASIC, FSCA, B.V.I FSC & FSA. 79% of retail investor accounts lose money when trading CFDs with this provider of retail investor accounts lose money when trading CFDs with this provider.
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Good value, beginner-friendly and hugely respected all over the world, AvaTrade is one of the most reputable brokers in the industry. With support for the leading trading platforms and top-quality multilingual support, AvaTrade has built a brand on a solid reputation and continues to add to that reputation with the recent addition of AvaProtect – an automated loss-protection tool – to its product lineup.

AvaTrade offers trading in Forex, commodities, cryptocurrencies, exchange-traded funds, options, bonds, and equities and is a good choice for any type of forex trader ranging from beginners to scalpers and intraday traders to long-term traders.

Pros
  • Good for beginners
  • Well regulated
  • Low minimum deposit
Cons
  • Dealing desk
  • Limited education
Read More About AvaTrade
2
FxPro
Min. Deposit
GBP 100
4.214.21
Min. Spread
0.6 pips
Autochartist
Yes
EUR/USD Trading Cost per lot
GBP 15
11110.54.21/ 5
AlertMost retail CFD accounts lose money. Your capital is at risk.
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One of the most respected Forex brokers in the industry, well regulated by the FCA and CySEC, and with over 870,000 client accounts in 173 countries. FxPro is a powerhouse in the industry and very well respected among traditional brokers.

With MT4, MT5, cTrader and a browser-based platform, a reasonable 100 USD opening deposit and outstanding customer service, FxPro also offers competitive spreads – often as low as 0.6 pips – to match profitability with security.

Pros
  • Well regulated
  • Great platform choice
  • Tight spreads
Cons
  • Limited education
Read More About FxPro
3
Axitrader
Min. Deposit
GBP 5
4.434.43
Min. Spread
0.1 pips
Autochartist
Yes
EUR/USD Trading Cost per lot
GBP 12
11110.54.43/ 5
AlertMost retail CFD accounts lose money. Your capital is at risk.
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AxiTrader is an ASIC and FCA regulated ECN broker for serious traders. While the trading platform choice is limited to MT4, Axitrader has received industry recognition for their setup including Best MT4 Broker 2018 (Compare Forex Brokers Australia) and Best MT4 Provider 2018 (UK Forex Awards).

Both accounts at AxiTrader require no minimum deposit, though a minimum of 200 USD is recommended. Spreads are tight, commission on the Pro Account is competitive, and educational and analytical support is good for beginners.

Pros
  • Low minimum deposit
  • Wide range of assets
  • Well regulated
  • Tight spreads
Cons
  • Poor customer service
  • Limited demo account
Read More About Axitrader
4
Amana Capital
Min. Deposit
GBP 200
4.054.05
Min. Spread
0.1 pips
Autochartist
Yes
EUR/USD Trading Cost per lot
GBP 14
11110.54.05/ 5
AlertMost retail CFD accounts lose money. Your capital is at risk.
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Amana Capital is a very well-regulated broker with a strong focus on new traders; beginners will find a helpful and well-structured education section and relatively tight spreads on its cheapest account – though trading conditions do improve substantially on the more expensive accounts.

We also like that both MT4 and MT5 are supported and that traders have free access to both AutoChartist and Trade Captain – two excellent third-party analysis applications. 

Pros
  • Well regulated
  • Tight spreads
  • Great customer support
Cons
  • High minimum deposit
  • Limited education
Read More About Amana Capital
5
BDSwiss
Min. Deposit
GBP 100
4.224.22
Min. Spread
1.0 pips
Autochartist
Yes
EUR/USD Trading Cost per lot
GBP 16
11110.54.22/ 5
AlertMost retail CFD accounts lose money. Your capital is at risk.
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BDSwiss is a popular and well-regulated broker, based in Cyprus and founded in 2012. It offers a wide range of account types, including a new subscription-based Raw Spread Account, which features very tight spreads and no commission in return for a monthly payment.

MT4 and MT5 are both supported and educational and analytical material are both excellent. More experienced traders will also find a lot to like with the Black Account, including free AutoChartist and one-on-one support.

Overall, BDSwiss is a good choice for all traders and we are curious to see if the low-spread subscription model catches on.

Pros
  • Tight spreads
  • Good for beginners
  • Wide range of assets
Cons
  • Expensive withdrawals
  • Limited market analysis
Read More About BDSwiss
6
FP Markets
Min. Deposit
GBP 100
4.074.07
Min. Spread
0.0 pips
Autochartist
Yes
EUR/USD Trading Cost per lot
GBP 14
11110.54.07/ 5
AlertMost retail CFD accounts lose money. Your capital is at risk.
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FP Markets is an ASIC-regulated, STP broker with simple account options and an exciting set of tools for traders with higher minimum deposits. Spreads are tight, even on the Standard Account, and the lack of dealing desk intervention for all accounts removes any concern over conflict of interest.

Both the MT4 and MT5 platforms are supported and trader education and market analysis are well-presented, structured and useful. Overall, FP Markets is an excellent choice for beginner and more experienced traders alike.

Pros
  • Well regulated
  • Tight spreads
  • Good range of accounts
  • Great customer support
Cons
  • Expensive withdrawals
Read More About FP Markets
7
FXCM
Min. Deposit
GBP 50
4.134.13
Min. Spread
Variable pips
Autochartist
Yes
EUR/USD Trading Cost per lot
GBP 13
11110.54.13/ 5
AlertMost retail CFD accounts lose money. Your capital is at risk.
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Founded in 1999, FXCM is an FCA-regulated market marker with tight spreads and support for the MT4 platform.

Though it has a strong focus on educating new traders, FXCM also offers innovative trading tools and a wide range of specialty platforms for experienced traders. Customer support is excellent and FXCM’s flagship platform, Trading Station, has won multiple awards for its intuitive layout and customisability. Traders will also benefit from FXCM’s enhanced execution model across all popular currency pairs and CFDs.

Pros
  • Well regulated
  • Great platform choice
  • Excellent education
  • Innovative trading tools
Cons
  • Limited demo account
Read More About FXCM
8
IC Markets
Min. Deposit
GBP 200
4.264.26
Min. Spread
0.1 pips
Autochartist
Yes
EUR/USD Trading Cost per lot
GBP 7
11110.54.26/ 5
AlertMost retail CFD accounts lose money. Your capital is at risk.
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IC Markets presents itself as the best and largest true ECN broker. It is ASIC and CySEC regulated and offers the MetaTrader4, MetaTrader5 and cTrader platforms. IC Markets is highly recommended to both new and experienced traders looking for faster execution and tighter spreads.

Beginner traders will find the IC Markets account structure welcoming and simple to understand. IC Markets understands customer retention involves a combination of tighter spreads, cutting edge technology, fast trade execution and top quality customer service.

Pros
  • Well regulated
  • Tight spreads
  • Wide range of assets
  • Great platform choice
Cons
  • High minimum deposit
  • Limited market analysis
Read More About IC Markets
9
IG Markets
Min. Deposit
GBP 250
4.534.53
Min. Spread
0.6 pips
Autochartist
Yes
EUR/USD Trading Cost per lot
GBP 6
11110.54.53/ 5
AlertMost retail CFD accounts lose money. Your capital is at risk.
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One of our highest rated brokers, IG Markets is a market-maker with only the single account for Forex trading, but spreads are tight and educational and analytical materials are excellent. A wide choice of platform (including MT4) is also available and customer service is world-class.

With regulation from the FCA and ASIC, and winner of the Broker of the Year 2018 (UK Forex Awards) and Best CFD Provider 2017 (Investment and Wealth Management Awards), IG Markets is an attractive choice for both beginner and experienced traders.

Pros
  • Well regulated
  • Tight spreads
  • Great platform choice
  • Excellent education
  • Excellent market analysis
Cons
  • High minimum deposit
Read More About IG Markets
10
Pepperstone
Min. Deposit
GBP 200
4.514.51
Min. Spread
Variable pips
Autochartist
Yes
EUR/USD Trading Cost per lot
GBP 7
11110.54.51/ 5
AlertMost retail CFD accounts lose money. Your capital is at risk.
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Founded in 2010, Pepperstone is an Australian ECN broker known for tight spreads, ultra-fast trade execution and broad platform support. Pepperstone’s award-winning, 24-hour support provides the foundation for its excellent customer service, where personalised assistance is available via several methods.

As our highest rated pure ECN broker, if you want to pay a small commission for tighter spreads, you won’t find a better broker than Pepperstone.

Pros
  • Well regulated
  • Tight spreads
  • Great platform choice
  • Wide range of assets
Cons
  • High minimum deposit
  • Limited market analysis
Read More About Pepperstone

What is AutoChartist?

AutoChartist is the most popular automated pattern analysis tool available to Forex traders. 

It constantly monitors thousands of CFD assets, looking for trading opportunities and providing technical analysis back to the user. Needless to say, it is a very powerful tool and many traders won’t enter the market without it.

Autochartist Sections

AutoChartist Features:

  • Offers traders hundreds of actionable trade opportunities in the Forex, Indices, Commodities, Stocks, CFD’s and Futures markets.
  • All chart patterns, Fibonacci patterns and key levels are identified in real-time
  • Huge time savings for traders, as Autochartist continuously scans the market for trading opportunities.
  • Visual Quality indicators allow beginner traders to identify patterns with ease and allows experienced traders to perform advanced search functions.

For a more detailed overview of how AutoChartist works check out the AutoChartist Quick Start Guide.

How can I get AutoChartist?

Due to its popularity, many brokers offer AutoChartist as a free plugin for the MT4/MT5 platforms, though in some cases you may need to reach a minimum deposit threshold before being able to use it. Be aware that if you are an MT4/MT5 user and your broker does not offer it for free, you can still get an individual subscription to AutoChartist.

Traders who use cTrader are in luck, as Spotware (cTrader’s parent company) has signed a deal with AutoChartist to include it by default in both their downloadable client and web versions.

AutoChartist also has a mobile app for both Android and iOS devices. This is fully functional and will sync with your desktop version.

AutoChartist is not available on broker proprietary platforms. This means that if you are using eToro, Markets.com or Plus500 you will not have access to AutoChartist, as they only offer their own trading software.

How much does AutoChartist Cost?

As mentioned above, some brokers offer AutoChartist for free and if you are a cTrader user it comes built into both the desktop and web versions.

If you are an MT4/MT5 user but your broker does not offer it for free you can get AutoChartist on a monthly subscription basis. The individual costs vary depending on your country of residence but will be between 30-50 USD per month, though this cost will decrease if you get a 3 month or 6-month subscription.

You can download and use AutoChartist as a free trial for 14 days if you want to test it first.

Forex Risk Disclaimer

Trading Forex and CFDs is not suitable for all investors as it carries a high degree of risk to your capital: 75-90% of retail investors lose money trading these products. 

Forex and CFD transactions involve high risk due to the following factors: Over-leveraging, unpredictable market volatility, slippage arising from a lack of liquidity, inadequate trading knowledge or experience, and a lack of regulatory protection for clients.

Traders should not deposit any money that is not disposable. Regardless of how much research you have done, or how confident you are in your trade, there is always a substantial risk of loss. (Learn more from the FCA or from ASIC)

Our Methodology

Our State of the Market Report and Broker Directory are the result of extensive research on over 100 Forex brokers. The explicit goal of these resources is to help traders find the best Forex brokers – and steer them away from the worst ones – with the benefit of accurate and up-to-date information.

With over 150 data points on each broker and over 3000 hours of research and review writing, we believe we have succeeded in our goal. 

In a world where trading conditions and customer support can vary based on where you live, our broker reviews focus on the local trader and give you information about these brokers from your perspective.

All research has been conducted by our in-house team of researchers and writers, gathering information from various company representatives, websites and by sifting through the fine print. Learn more about how we rank brokers.

Resources

Featured Brokers

Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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