Fewpips
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I like that EAs are allowed, with approval
EA support is one of the features that makes Fewpips more interesting to me as a prop trading platform. I don't necessarily want to manually execute every trade if I have a strategy that can be automated. The fact that Fewpips allows EAs, while requiring traders to submit their strategy for approval, gives me a clear framework to work within. I actually prefer having the rules defined upfront rather than discovering after trading that an automated strategy isn't permitted. Of course, EA support doesn't mean an algorithm is profitable, and it doesn't remove the need to monitor risk. The bot still has to operate within the firm's trading restrictions, including the per-trade loss limit and other prohibited strategies. But if you already trade algorithmically, having a prop firm that accommodates EAs is a meaningful advantage. It means the platform isn't designed exclusively around discretionary traders.
