WikiFX

Reply

Based on my personal experience researching Forex Sport and considering their background and available information, I couldn't find explicit confirmation regarding support for Expert Advisors (EAs) or automated trading on their platforms. Forex Sport is an ASIC-regulated broker that has operated in Australia for over a decade, primarily offering services such as international payments, FX risk management, and asset purchases or sales. While they present themselves as a market maker and claim to have a straightforward fee structure, the absence of clear details about supported trading platforms—such as whether they offer MetaTrader 4 or MetaTrader 5, which are essential for most EA users—raises questions for me. In my years of navigating various brokers, I have learned that the presence of regulatory oversight, like ASIC’s involvement, does add a degree of reassurance. Still, transparency around trading features remains crucial, especially for traders with a focus on automation. With Forex Sport, there are labeled business risks and a "suspicious scope of business" tag, suggesting I should be cautious and conduct further due diligence before considering any automated trading approach on their system. Until I receive direct evidence that EAs are supported, I personally would refrain from relying on Forex Sport for my automated trading needs.