AuthorBy Jeffrey Cammack
Updated: December 17, 2019

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.

    English

    Here are the best brokers with Free AutoChartist

    Last updated on 17 Dec 2019
    Updated 17 Dec 2019
    by Editorial Director Jeffrey Cammackby Jeffrey Cammack
    Jeffrey Cammack
    All Brokers Regulated
    All Brokers Regulated
    by Trusted Authoritiesby Trusted Authorities
    Trusted
    1
    AvaTrade
    Min. Deposit
    USD 100
    4.184.18
    Min. Spread
    0.90 pips
    Fx Pairs
    50+
    Deposit & Withdrawal Methods
    Overall Rating
    11110.54.18/ 5
    AlertAccepts South African Clients. Average spread EUR/USD 0.90 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 & MT5 platforms supported. AvaTrade Group regulated by ASIC, FSCA, B.V.I FSC & FSA.
    Show Details

    With over 200,000 active traders around the globe on the MT4, MT5, and AvaGo platforms, and the award for Best Trade Execution 2016 by the African Finance Expo, AvaTrade is a good partner for all types of trader. AvaTrade has built its reputation on being a client-focused, dependable broker, and continues to add to that reputation with the recent addition of AvaProtect to its product lineup.

    With great trading conditions across Forex, commodities, cryptocurrencies, ETFs, bonds, and equities and boasting FSCA and ASIC regulation, AvaTrade is competitive with some of the best brokers in the world.

    Pros
    • Good for beginners
    • Well regulated
    • Low minimum deposit
    Cons
    • Dealing desk
    • Limited education
    Read More About AvaTrade
    2
    OctaFX
    Min. Deposit
    USD 50
    4.104.10
    Min. Spread
    0 pips
    Fx Pairs
    28
    Deposit & Withdrawal Methods
    Overall Rating
    11110.54.10/ 5
    AlertAccepts South African Clients. Average spread EUR/USD 1.10 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4 & MT5 and cTrader platforms supported. OctaFX is regulated by CySEC.
    Show Details

    OctaFX is a CySEC regulated STP/ECN broker founded in 2011 that will appeal to all Forex traders, both beginners and professionals.  They have an excellent analytical section and offer a range of useful trading tools such as AutoChartist, copy trading and an account monitoring service so you can learn anonymously from other successful traders.

    Trader education for beginners is well-presented and a generous bonus scheme exists for new deposits; platform support is almost unbeatable, with MT4, MT5 and cTrader all offered – but platforms are linked to account type and trading conditions.

    Pros
    • Great platform choice
    • Fast and free withdrawals
    • Copy trading accounts
    Cons
    • Limited education
    • Restrictive account types
    Read More About OctaFX
    3
    HotForex
    Min. Deposit
    ZAR 70
    4.294.29
    Min. Spread
    0 pips
    Fx Pairs
    51
    Deposit & Withdrawal Methods
    Overall Rating
    11110.54.29/ 5
    AlertAccepts South African Clients. Average spread EUR/USD 1.20 pips on trading account with lowest minimum deposit. Max leverage 1000:1. Islamic account available. MT4 & MT5 platforms supported. HF Markets Group regulated by the FSCA, FCA, FSC, CySEC and the DFSA.
    Show Details

    An STP broker regulated by multiple major authorities including the FCA and CySEC, HotForex has built a reputation among traders for its tight spreads, low fees, and fast market execution. Excellent educational and analytical material is available for both visitors and clients, and customer service is world-class.

    Listed as one the Top 100 Companies by World Finance Magazine and with an award for Business Excellence 2015 (World Confederation of Businesses), HotForex is not just celebrated by their industry peers, but also by the financial industry as a whole.

    Pros
    • Low minimum deposit
    • Tight spreads
    • Well regulated
    • Good range of accounts
    Cons
    • Limited base currencies
    Read More About HotForex
    4
    FxPro
    Min. Deposit
    USD 100
    4.214.21
    Min. Spread
    0.60 pips
    Fx Pairs
    70+
    Deposit & Withdrawal Methods
    Overall Rating
    11110.54.21/ 5
    AlertAccepts South African Clients. Average spread EUR/USD 1.50 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4, MT5, cTrader and FxPro proprietary trading platform supported. FxPro Group is regulated by FCA, CySEC, FSCA, and the DFSA
    Show Details

    FxPro is one of the most respected Forex brokers in the industry. Regulated by the FCA and CySEC and with over 870,000 client accounts in 173 countries, FxPro is a truly global powerhouse.

    FxPro offers a no dealing desk execution model on MT4, MT5, cTrader and a browser-based platform. A reasonable 100 USD opening deposit and outstanding customer service are combined with 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
    5
    Tickmill
    Min. Deposit
    USD 100
    4.344.34
    Min. Spread
    0 pips
    Fx Pairs
    60+
    Deposit & Withdrawal Methods
    Overall Rating
    11110.54.34/ 5
    AlertAccepts South African Clients. Average spread EUR/USD 0.20 pips with 4 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4 platform support. Tickmill is regulated by CySEC, FCA, FSCA, and the FSA-Seychelles.
    Show Details

    Tickmill offers low spreads and commission, fast STP execution on the MT4 platform and has an excellent reputation in the CFD trading industry.

    Regulated by the FCA in the UK, CySEC in Europe and the Seychelles FSCA international – and a regular winner of trade execution and trading conditions awards – Tickmill has the reputation, and the performance, traders should look for in a broker.

    Pros
    • Tight spreads
    • Well regulated
    • Fast and free withdrawals
    • Wide range of assets
    Cons
    • MT4 only
    Read More About Tickmill
    6
    Swissquote
    Min. Deposit
    USD 1000
    3.603.60
    Min. Spread
    1.70 pips
    Fx Pairs
    78
    Deposit & Withdrawal Methods
    Overall Rating
    1110.503.60/ 5
    AlertAccepts South African Clients. Average spread EUR/USD 1.30 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4, MT5 and Swissquote platforms supported. Swissquote is regulated by the FCA.
    Show Details

    Swissquote is an award-winning, FCA-regulated STP broker. Swissquote targets more experienced traders (and serious beginners) as the minimum deposits required are considerably higher than with other similar brokers. However, Swissquote’s trading conditions reflect what clients should expect from a professional brokerage.

    Swissquote has an award-winning proprietary trading platform, but also offer support for the MetaTrader suite. In addition, premium analytical tools are available for clients for free.

    Pros
    • Great platform choice
    • Wide range of assets
    Cons
    • High minimum deposit
    • Limited education
    • Poor customer service
    Read More About Swissquote
    7
    Axitrader
    Min. Deposit
    USD 5
    4.434.43
    Min. Spread
    0 pips
    Fx Pairs
    80+
    Deposit & Withdrawal Methods
    Overall Rating
    11110.54.43/ 5
    AlertAccepts South African Clients. Average spread EUR/USD 1.20 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4 & MT5 platforms supported. Axi Group is regulated by the FCA, ASIC and the DFSA.
    Show Details

    Built by traders, for traders, Axi is an ASIC and FCA regulated ECN broker for the serious trader, where traders execute their positions directly on the markets without any broker interference.

    While the trading platform choice is limited to MT4, Axi has received strong industry recognition for their setup including Best MT4 Broker 2018 (Compare Forex Brokers Australia) and Best MT4 Provider 2018 (UK Forex Awards).

    Joining Axi requires a $5 minimum deposit which gives you a strong MT4 setup and an ECN account.  This combination only highlights further that they are built by traders, for traders.

    Pros
    • Low minimum deposit
    • Wide range of assets
    • Well regulated
    • Tight spreads
    Cons
    • Poor customer service
    • Limited demo account
    Read More About Axitrader
    8
    ThinkMarkets
    Min. Deposit
    USD 5
    3.983.98
    Min. Spread
    0 pips
    Fx Pairs
    36
    Deposit & Withdrawal Methods
    Overall Rating
    1110.503.98/ 5
    AlertAccepts South African Clients. Average spread EUR/USD 1.20 pips with 0 USD commission round turn on the trading account with lowest minimum deposit. Islamic account available. MT4 & MT5 platforms supported. ThinkMarkets is regulated by the FSCA, FCA, and ASIC.
    Show Details

    ThinkMarkets is a very well-regulated international broker which has been operating in South Africa since 2017. It offers support for MT4, MT5 and its own ThinkTrader platform on two account types: One with a very low minimum deposit and the other a commission-based ECN account for more experienced traders.

    Education is well-structured and useful for beginners, though market analysis is poor and sometimes left to in-platform third parties. Customer support is excellent and provided locally and execution times are world-class, perfect for automated trading.

    Pros
    • Low minimum deposit
    • Well regulated
    • Great platform choice
    Cons
    • Limited market analysis
    • Non-transparent spreads
    Read More About ThinkMarkets
    9
    ATFX
    Min. Deposit
    USD 100
    3.893.89
    Min. Spread
    1 pips
    Fx Pairs
    42
    Deposit & Withdrawal Methods
    Overall Rating
    1110.503.89/ 5
    AlertAccepts South African Clients. Average spread EUR/USD 1 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 platform support. ATFX Group is regulated by the FCA, FSA (St. Vincent), CySEC, and the FSC.
    Show Details

    ATFX is a well-regulated STP broker founded in 2017 in London and has expanded rapidly over the last few years. Four account types are offered (including a commission-based Raw Account), but minimum deposits are high, and spreads are wide on all but the most expensive account types. MT4 is the only trading platform supported.

    Education is excellent and market analysis is offered by the globally renowned Trading Central. Both deposits and withdrawals are free and Autochartist is offered for free on all account types.

    Pros
    • Well regulated
    • Wide range of assets
    • Copy trading accounts
    • Good range of accounts
    Cons
    • MT4 only
    • High minimum deposit
    Read More About ATFX

    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 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.

    References

    Stay updated

    This form has double opt in enabled. You will need to confirm your email address before being added to the list.

    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.

    Close
    >