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XML Feed Advanced Programmer Interface (API)

Pros:

This API system is a great resource for traders that want to run different tests in various trading environments before actually going through with trading on real funds. The application provides real-time rates, the ability to create and edit stop-loss and take-profit orders, submit trade requests, and receive automated trade activity confirmations. Another advantage is that it is compatible to any network language available and is comprised of Rate Data Interface and Trading Functions technologies.

Cons:

The process of registering for this application can be troublesome because you do need to make an account on the API forum, apply for an API demo account, complete the application process, develop you API, and fund your trading account.

Overview:

Setting up an account is free to use on the Forex.com website. For new users you must register on the AutoEx API Forum page and follow the instructions carefully.

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