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What's the best API for automated forex trading? [closed]

I am interested in writing a small automatic trader for the forex market. I would like to chose my own tools (platform and programming language) and I just need to find a decent API to query the numbers and that accepts requests for trading actions. I guess the ideal would be some web service with a XML API, or similar.

Any ideas?

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Hugo Avatar asked May 10 '11 12:05

Hugo


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Is there a forex API?

For new developers, APIs for forex provide a simple way to add foreign exchange market features to their applications. Endpoints make the integration process easy compared to manually coding in that functionality. Businesses can obtain real-time currency conversions with APIs for the foreign exchange market.


2 Answers

Check out the InteractiveBrokers API or the Cunningham T4 API. Both are really good, although I'm not exactly sure T4 allows forex trading.

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Kiril Avatar answered Oct 07 '22 01:10

Kiril


MT4 is the industry standard. It allows simple interface through .dll files and has an extensive support base.

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Mike Furlender Avatar answered Oct 07 '22 00:10

Mike Furlender