The post Best Automated Trading Software in 2025 by Dan Schmidt appeared first on Benzinga. Visit Benzinga to get more great content like this.
What if you could take the psychological element out of trading? What if you could trade without becoming a victim of your own emotions? The best automated trading software, such as 3Commas, makes this possible.
Computers give traders the power to automate their moves and take all the emotion out of the deal. By using automated trading software, you can set parameters for potential trades, allocate capital and open or close positions all while you sleep or watch TV.
But automated trading doesn’t guarantee automatic profits. There’s still plenty of risk involved, even when computers do all the work.
Quick Look at the Top Automated Trading Software:
- Best for All Skill Levels: 3Commas
- Best for Speed and Precision Through Trading Algorithms: Nurp
- Best for Stocks and ETFs: Interactive Brokers
- Best for Auto Trading: StreetBeat
- Best for Automating TradingView and TrendSpider Strategies: TradersPost
- Best for Swing Traders: Zen Trading Strategies
- Best for Scalping: TradeZero
Table of contents
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7 Best Automated Trading Software
Benzinga has selected the best platforms for automated trading based on specific types of securities. Different categories include stocks, options, currencies and binary options.
No matter your trading style, be sure to research and understand what you’re buying. As previously mentioned, automated trading isn’t a golden ticket. You can make money while you sleep, but your platform still requires maintenance. As you select the best platform for your portfolio, remember that you can spread your investments out depending on the performance you prefer and you might also shift your portfolio to a platform that you feel is doing the best work with your money.
1. Best for All Skill Levels: 3Commas
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securely through 3Commas’s
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3Commas is a crypto trading platform that offers novices and experts tools to become a profitable crypto trader. Its range of educational resources, dashboard to track your different exchanges and library of bots and algorithms can give you a major edge.
3Commas offers a range of affordably priced plans and an intuitively-designed trading platform so you can set and tweak your trading parameters.
Best For
- All skill levels
- Those who want full access to all exchanges
- Investors looking for customization
- Comprehensive education and learning tools
- Affordable, scalable plans for traders of all levels
- User-friendly dashboard with all the features you need in 1 place
- Access all major crypto exchanges in 1 platform
- Responsive customer service
- Library of bots you can view and copy
- Onboarding process is long and possibly overwhelming for beginners
- May experience some minor lag in the mobile app
When you register with 3Commas, you access a crypto trading platform that works for everyone from a novice who doesn’t understand the market to an expert who needs a simpler place to manage their portfolio. The range of tools is massive and you can learn on the go while trading.
Those who are experienced can register and connect with as many exchanges as they like, try as many bots as they like and set up a portfolio that serves their chosen strategy. The dashboard is easy to navigate and you can reach out to the customer service team if you have questions about their tools, resources or bots. It might take a little longer to register but you can also invest using the mobile app if you’re traveling or just too busy to sit down and “trade” like everyone else.
Why We Picked It: Whether you’re just starting out or consider yourself an expert, 3Commas caters to investors at every level of experience. This platform is perfect for those looking to set up an account for themselves, as well as for those setting up joint accounts with a partner or friend. With a variety of trading bots available, you have the flexibility to choose, change and adjust your strategies as the market landscape shifts and evolves.
2. Best for Speed and Precision Through Trading Algorithms: Nurp
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website
Nurp is revolutionizing algorithmic forex trading for beginner and experienced traders with its Algorithmic Trading Accelerator, a comprehensive suite of trading algorithms, that allows traders to use modern precision trading tech across multiple financial markets. Algorithmic trading involves the precision execution of predefined trading strategies using computer algorithms to capitalize on market opportunities.
Adapting such strategies to volatile market conditions while managing the complexities of data analysis and algorithm optimization can be challenging. Nurp simplifies these trading strategies with a team of quantitative analysts and product managers dedicated to producing and optimizing algorithms. Users of Nurp’s Algorithmic Trading Accelerator can rest confidently, knowing that they can spend less time staring at financial charts all day and more time doing the things they love.
Nurp’s state-of-the-art trading software is designed to take actions based on its in-house research and quant teams coupled with the settings you choose based on your risk tolerances, which can lead to long-term success. Nurp’s variety of trading algorithms and comprehensive educational resources cater to diverse trading styles and goals, from short-term day trading to long-term investment strategies. Nurp empowers traders to make more informed, strategic decisions in the dynamic commodities, forex and crypto markets, ensuring confident and easy navigation of forex trading.
These features align with the company’s goal of democratizing tools and resources normally reserved for hedge funds, in an effort to level the playing field. Nurp users and providing an optimal investment experience for everyone – the experienced and novice alike. Nurp is your go-to trading solution if you seek to grasp advanced trading strategies and achieve long-term success in no time. Its commitment to innovation, combined with extensive training courses focused on trading and risk management, makes it a compelling choice among traders. In this review, Benzinga spotlights Nurp’s core features to help you decide whether it’s the right platform to kickstart your forex trading or investment journey.
Best For
- Beginner forex traders seeking advanced algorithmic trading technology to gain valuable market insights and execute trades with confidence, accelerating their learning curve and improving trading outcomes
- Experienced forex traders looking to capitalize on nuanced market patterns and execute trades with precision, thereby enhancing profitability and risk management via advanced algorithmic trading strategies
- Aspiring trading enthusiasts and novice traders looking for a comprehensive trading environment with extensive educational resources to deepen their market knowledge, develop effective trading plans and learn more about risk management
- Institutional forex investors using Nurp’s advanced algorithmic trading technology to execute large volumes of trades swiftly and efficiently, optimizing market entry and exit points while minimizing slippage and transaction costs.
- Readily accessible and state-of-the-art forex algorithmic trading solution for seamless algo-trading execution
- Unparalleled expertise from professionals with backgrounds in top-tier financial institutions, including SpaceX, IBM and JPMorgan, fueling innovative forex algorithmic trading solutions
- Multiple sophisticated trading algorithms operating across multiple financial markets mean traders can choose what options best align with their trading goals and objectives
- Comprehensive training and learning resources, including downloadable case studies and well-crafted blogs facilitating learning, expert marketing insights and cutting-edge analysis
- Easy-to-use platform with an intuitive and user-friendly interface designed to streamline navigation for a range of traders
- Excellent and accessible customer support services, including community, group support and 1-on-1 support for fast complaint resolution
- A real-time trading algorithm for systematic and efficient forex trading
- May take users time to get accustomed to the platform and get through the training materials during onboarding
- Monthly licensing fee per algorithm that is active
Nurp is transforming algorithmic trading for both beginners and experienced traders with its Algorithmic Trading Accelerator. This comprehensive suite of trading algorithms enables you to utilize advanced precision trading technology across various financial markets.
Nurp’s cutting-edge trading software is built to act on insights from its in-house research and quantitative teams, along with your chosen risk tolerance settings, aiming for long-term success. Nurp offers a variety of trading algorithms and extensive educational resources to accommodate different trading styles and goals, whether for short-term day trading or long-term investment strategies. By empowering traders to make informed, strategic decisions in the dynamic commodities, forex and crypto markets, Nurp ensures confident and seamless navigation of forex trading.
Why We Picked It: Nurp is designed to be user-friendly and accessible for everyone, including beginners in the world of trading. With real-time information available on your preferred assets, Nurp ensures that you are always up-to-date with the latest market trends and opportunities. Powered by several sophisticated algorithms, Nurp utilizes cutting-edge trading software to make the trading experience seamless and efficient.
3. Best for Stocks and ETFs: Interactive Brokers API
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securely through Interactive Brokers’s
website
Interactive Brokers is a comprehensive trading platform that gives you access to a massive range of securities at affordable prices. You can buy assets from all around the world from the comfort of your home or office with access to over 150 global markets. Options, futures, forex and fund trading are also available, and most traders won’t pay a commission on any purchase or sale.
IBKR is geared primarily toward experienced traders and investors but now with the availability of free trades with IBKR Lite, casual traders can also acclimate to IBKR’s offerings.
Best For
- Access to international markets
- Active traders
- Sophisticated investors
- Detailed mobile app that makes trading simple
- Wide range of available account types and tradeable assets
- IB SmartRouting provides significant price improvement vs. industry
- Fractional trading allows investing regardless of share price
- Industry’s lowest margin rates
- Earn more by lending your fuly-paid shares
- Beginner investors might prefer a broker that offers a bit more hand-holding and educational resources
New traders will find plenty of educational materials about different products, markets and strategies through its Traders University. Experienced traders can play around with automated systems using Interactive Brokers’ API solutions.
Interactive Brokers API allows users to build their own automated trading systems using popular programming languages like Java, Python and C++. You can connect your program right into Trader Workstation.
For even more sophistication, the FIX CTCI solutions enable super-fast trading by leveraging Interactive Brokers’ high-speed order routing. Trades are executed at the best possible prices, but you’ll pay extra for this service. Required commission minimums for FIX CTCI are $1,500 per month.
Why We Picked It: Interactive Brokers API offers super-fast trading capabilities that make it significantly easier to maintain volume trading strategies. With trades executed quickly and efficiently, you can take advantage of optimal pricing opportunities, ultimately saving money. By optimizing trades at the best possible prices, the API ensures that you can maximize your profitability while minimizing costs.
4. Best for Auto Trading: StreetBeat
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securely through Streetbeat’s
website
Streetbeat is a fintech company that aims to change investing by using a combination of financial technology and software. The company, located in Palo Alto, California, offers a mobile app that has manual and auto-trading. Investment opportunities range from standard investments such as stocks and exchange-traded funds (ETFs) to cryptocurrencies. Streetbeat uses a client-focused approach that implements data solutions and artificial intelligence (AI) to build financial investment solutions.
Best For
- Individuals interested in auto-trading
- Investors from various skill levels
- No trading commissions
- Investments can begin as low as $1
- Bonuses extend to $10,000
- Less than 1% management fee for strategies
- Fees can accumulate on larger accounts
Streetbeat is a fintech firm that is looking to make it easier to invest by mixing fintech innovations and software. Located in Palo Alto, the firm has a mobile app that offers self-trading services and auto trading.
You can invest in a range of assets like stocks and ETFs, but you can also invest in crypto, allowing the platform to do much of the work for you. The client-focused approach from the firm makes it more palatable for most investors and it also offers:
- Functionality for investors of all skill levels
- Auto trading innovations
- No trading commissions
- You can start with as little as $1
- Generous bonuses
- Low management fees
Remember, though, as useful as this platform is, your management fees could rise depending on the size of your portfolio. Either way, you get the support you need and can enhance your portfolio without doing all the math on your own.
Why We Picked It: The bonus programs set up by StreetBeat not only help you add to your portfolio more than usual, but they also eliminate trading commissions. Furthermore, StreetBeat’s platform utilizes proprietary, automated investing technology to ensure that your money is being managed efficiently and effectively.
5. Best for Automating TradingView and TrendSpider Strategies: TradersPost
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securely through TradersPost’s
website
The world of trading is constantly changing, and staying up to date on the latest tools and strategies is essential for success. TradersPost is a revolutionary platform that can help you take advantage of the latest automated trading strategies and maximize your profits. In this article, we’ll take a look at the features, pricing, customer service, security measures, user interface, ease of use, user experience, and more that TradersPost offers.
At TradersPost, they understand that trading isn’t just about making trades, it’s about creating a strategy and executing it with precision. That’s precisely why they created TradersPost, an automated trading platform that allows developers and traders alike to easily link their strategy signals with brokers like TD Ameritrade, TradeStation, Robinhood and Alpaca.
From developers who want to create strategies to traders and investors who want to connect strategies without coding, TradersPost is the ultimate platform for automating TradingView or TrendSpider strategies.
They are dedicated to providing their users with a simple intuitive trading experience. With their user-friendly interface, you can easily customize your strategies to fit your trading needs. Plus, their dedicated customer service team is always available to answer any questions you may have.
Unlike many of its competitors, TradersPost doesn’t require any coding knowledge to connect your strategies to your broker. Additionally, it offers paper trading for testing strategies and webhooks for receiving signals. It also has a unified trading UI that makes managing all your trading activities across multiple accounts easy.
TradersPost also offers access to trading strategies, an online community and built in Paper Trading to practice trading strategies. This makes it easier for traders to get started with automated trading and provides them with the tools they need to succeed in the markets.
Best For
- Strategy Developers interested in creating automated trading strategies and connecting them to their broker
- Traders and Investors interested in connecting automated trading strategies to their broker without any coding knowledge
- Automates trading strategies through connection to various supported brokers such as TD Ameritrade, TradeStation, Robinhood and Alpaca
- Allows other users to subscribe to your strategies
- Allows trading in multiple asset classes, including stocks, options, and futures with support for over 100 tickers
- Not designed for high-frequency trading
- Requires connection to an existing brokerage account to use the functionality. Failed or rejected orders will not be retried
- Alert webhooks from third parties may be delayed or not sent at al
TradersPost is an innovative automated trading platform that helps traders automate their stock, options and futures trading strategies from popular charting software like TradingView and TrendSpider.
Using TradersPost traders can easily connect their strategies to their brokers using webhooks for sending signals, notifications for keeping track of strategies and the ability to trade IRA accounts with automated strategies.
The platform is also mobile-friendly and has a unified trading UI that makes managing all your trading activities across multiple accounts easy.
Why We Picked It: With TradersPost, you can connect to as many brokers as you need, making it easier to manage all your trading needs in one place. The unified dashboard simplifies the trading process, especially for those who prefer to use a mobile device. Additionally, TradersPost offers the option to trade in IRAs, allowing you to enhance your retirement savings and invest for the future with ease.
6. Best for Swing Traders: Zen Trading Strategies
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securely through Zen Trading’s
website
From proven, prebuilt strategies and indicators to professional consulting for advanced traders who build their own trading scripts, Zen Trading Strategies offers services for algo traders of all skill levels. With free trials, tiered pricing options, and a wide variety of plans, this company aims to offer something that fits every budget and every trading style.
Best For
- Investors who are new to algo trading and want to learn the ropes without losing money in the process.
- Algo traders looking for customizable trading scripts to use in any financial market.
- Scalpers, day traders, swing traders and other higher frequency traders who want access to hundreds of indicators, including automated trading indictors.
- 4 regularly updated, customizable trading strategies that can be adapted to any timeframe or asset.
- Unlimited backtesting, performance monitoring, and strategy development
- Indicators that can be synced to live exchanges to automatically place orders for you.
- Comprehensive master course in automated algorithmic trading
- Tutorials, explainers, and other helpful resources that make algorithmic trading accessible at all skill levels
- Optional VPS alert service so you don’t lose money due to servers being down.
- Trading consulting service to get expert feedback and recommendations on your own trading strategy
- Currently only compatible with TradingView
Zen Trading Strategies offers access to premium Tradingview strategies and indicators. You can try any strategy FREE for 1 week when you sign up on its website.
All of Zen’s Tradingview strategies allow you to backtest different ideas on TradingView, so you can take a look at how your trading idea did over historical data in the past.
Try different trading ideas and customize settings for trend detection, mean reversion, volume, breakouts, momentum and more. You can also set stop losses, take profit and add additional filters for how and when your trades should enter and exit.
You can see the results visually on your TradingView chart. You can also see where trades enter and exit, how they do it, how much profit they make, how much money they lose and all kinds of other performance statistics.
Why We Picked It: Zen Trading Strategies offers investors access to a wealth of performance statistics. By providing extensive historical data for each asset, you can analyze trends and patterns to guide your trading strategies. Partnering with TradingView enhances this experience, offering users better quality charts, detailed information and visually appealing visuals.
7. Best for Scalping: TradeZero
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securely through TradeZero’s
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TradeZero is an online broker and free stock trading platform that provides everything you need to successfully share and trade, including round-the-clock customer support. TradeZero provides four different trading state-of-the-art software programs with its services, a locator for sourcing shares for shorting, commission-free trades, and real-time streaming, to name a few of the features promoted on their website. The software is a unique and (potentially) affordable option for anyone interested in stock trading.
Best For
- Traders seeking high transparency and mobility in a stock trading program
- Those attracted to commission-free trades
- Those seeking a free version of a high-quality trading program
- 24/7 live customer support
- Uses ZeroWeb technology, a powerful level 2 online platform with direct market access
- Mobile app allows users to access stocks and trade in real-time while on the go
- Enforces Pattern Day Trading restrictions (accounts need to maintain a daily equity balance of at least $25k)
- Mobile app could offer more features
Mobile and desktop trading are easier when you use TradeZero. You can download the app for free or log in using the website. In addition to trading for low or no fees, you can chart and complete technical analysis for any asset you please.
If you want more powerful trading tools, you can step up to a Pro account for $59 per month. You can set automated trades using limits and other parameters that help you hedge against losses. While automated trading is not the primary service at TradeZero, you can automate a few trades as needed.
In addition to powerful trading options, you can reach out to the customer support team 24/7 for assistance with your account.
Why We Picked It: With TradeZero, you have the flexibility to seamlessly switch between devices, allowing you to invest on the move with ease. Whether you’re using your computer, tablet or mobile phone, TradeZero ensures that you can stay connected to the markets at all times. Additionally, TradeZero provides access to a variety of indicators and analysis tools that help you make informed decisions about their trades.
What is Automated Trading Software?
Automated trading software is a sophisticated trading platform that uses computer algorithms to monitor markets for certain conditions. A stock market trader using an automated platform can set some initial guidelines for equities, such as volatile small-cap stocks with prices that recently crossed over their 50-day moving average.
Traders also set entry and exit points for their potential positions and then let the computers take over. The automated software can screen for stocks that fit the criteria and execute trades based on the pre-established parameters.
Some of the benefits of automated trading are obvious. Human beings are limited in the number of stocks or currencies they can monitor at a given moment. We only have two eyes, right?
On the other hand, computers can look through different markets and securities with a speed incomprehensible to flesh-and-blood traders. Algorithms can spot a trend reversal and execute a new trade in a fraction of a second.
Automated strategies only work in specific market conditions — they aren’t universal and you’ll need to understand when to deploy them. Additionally, many automated strategies become over-optimized and fail to account for real-world market conditions. Remember, all the backtesting in the world can’t make any one strategy foolproof.
Pros of Automated Trading
Automated trading has a massive upside—it does most of the work for you. If you’re considering using an automated trading platform, these benefits will likely pique your interest.
- Fast trade execution
- Sticks to a predetermined strategy and doesn’t deviate
- Removes stress and emotion
- Lower transaction costs
Cons of Automated Trading
While automated trading can be highly beneficial as an investment tool, it is not without its faults. Weigh these drawbacks against the benefits of an automated trading system before taking the plunge.
- Lack of control is difficult for some traders to accept
- Successful strategies in backtests may falter in real life
- Easy to over-optimize your strategy
- Many robots or expert advisors have questionable success rates
What to Look for in Automated Trading Software
The best-automated trading platforms all share a few common characteristics. Keep these features in mind as you choose.
Access to your preferred markets: Automated software doesn’t mean you’ll have access to all markets. For example, MetaTrader 4 can only be used to trade forex products. Make sure you can trade your preferred securities.
Reduced latency: When you use an automated trading platform, there could be a lag between your price quote, the transaction and the completion of that transaction. A proper automated trading system should reduce latency as much as possible, protecting your investments and giving you the same access to the market a floor trader has.
Functional interface: Yes, the computers do much of the heavy lifting, but automated platforms still need to be managed (and adjusted when needed). Choose software with a navigable interface so you can make changes on the fly.
Industry-standard programming language: If you really want a unique strategy, you’ll need to program it yourself. Programming language use varies from platform to platform. In the case of MetaTrader 4, some languages are only used on specific software.
Detailed price histories for backtesting: Charts are critical to performing backtests, so make sure your platform has detailed backtesting that can be used across multiple timeframes.
Best Online Brokers for Stock Trading
Compare the best online brokers to get started in stock trading. Buy, sell and trade with the best.
get started
get started
securely through Stock Rover’s
website
Stock Rover is a comprehensive stock analysis and screening tool that gives investors access to high-quality research tools, educational content, expert analysis and more. Stock Rover goes well beyond standard analysis tools, offering account holders 1 of the most comprehensive sets of screening criteria and research qualifications that we’ve seen. For example, users can filter investment opportunities using over 650 metrics with Premium Plus access.
Stock Rover offers 4 different plan tiers, which can become confusing for new investors who aren’t exactly sure which tools they’ll use. However, free accounts offer a wide range of functionality that gives users a better feel for Stock Rover’s setup, along with a free trial of Premium Plus functionality. Getting started with a Stock Rover account is also exceptionally easy — we were able to open our free account in under 60 seconds.
Best For
- Professional investors who need high-quality analysis and research tools
- Visual learners who benefit from seeing data laid out using charts and graphs
- Anyone searching for the widest array of screening metrics
- Incredibly comprehensive range of investment analysis tools
- Over 650 screening criteria included on Premium Plus plans
- Simple account opening and brokerage account linking
- Free accounts available
- Wide variety of plan options that can be more confusing for new investors
get started
securely through Tradingview’s
website
TradingView is a powerful stock screener, charting platform and research powerhouse providing a massive range of tools investors can use to learn more about the markets. Some of TradingView’s most impressive features include its fully operational mobile app, wide range of screening criteria, custom script incorporation and much more.
In addition to charting and research tools, TradingView also offers a wide range of educational tools. View news feeds associated with each asset, read articles, view real-time market data and even watch livestreams with professional traders to improve your skills. Paper trading accounts are also available to help you master TradingView’s wide selection of tools.
Although TradingView’s content can be overwhelming for newer traders and investors, the platform remains among the most impressive research hubs on the internet.
Best For
- Professional investors
- Investors with programming experience
- Traders who need minute-by-minute updates
- Impressive selection of research tools
- Comprehensive stock screening
- Free accounts available
- Wide selection of engaging educational resources
- Customer service choices not all-inclusive
- Higher-tier plans out of some investors’ budgets
- Certain areas of the website poorly organized
get started
securely through Webull’s
website
Webull is a commission-free trading platform designed with both beginner and advanced investors in mind. Offering an extensive range of assets like stocks, ETFs, and futures, Webull makes it easy for users to manage their investments through a highly intuitive interface. With educational resources, paper trading options, and no minimum account balance required, Webull caters to those looking to start investing without high upfront costs. The platform’s mobile app ensures that users can trade anytime, anywhere, making it a flexible choice for those with busy lifestyles. Webull’s customer service options are limited, and the platform may feel overwhelming to those completely new to investing.
Best For
- Commission-free trading
- Mobile and desktop trading
- Beginners and experienced traders alike
- No commissions on trades
- Extensive range of tradable assets
- Easy-to-use mobile app
- Limited customer service options
- Learning curve for complete beginners
Choose the Best Automated Trading Software Today
Automated trading software can simplify your life in a number of ways but it’s still critical to learn and understand why trades are being made. Even the most sophisticated automated system will need maintenance and tweaking during certain market conditions. As you make your choice, be sure you keep your investment goals in mind.
What types of securities are you comfortable trading? How much capital can you invest in an automated system? The computers might do the trading for you but you’ll be the one who feels pain if things go awry. Do your research, choose tools that are just right for you and prepare for the future with an automated trading platform.
Frequently Asked Questions
Does automated trading make money?
No form of investing is guaranteed to make money, but automated strategies are designed to enhance the performance of your portfolio.
Answer Link
Do you need to know how to code to set up automated trading software?
No, you don’t need to know how to code to set up automated trading. However, there are automated trading platforms that allow you to create custom strategies that may require coding.
Answer Link
What automated trading software should I use?
You should choose automated trading software that fits your needs. Check out the list above for Benzinga’s recommendations.
Answer Link
The post Best Automated Trading Software in 2025 by Dan Schmidt appeared first on Benzinga. Visit Benzinga to get more great content like this.