icfunded.com [AutoTrading disabled by server]

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john benson
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  • Answered

Dear Andrey,

Thank you for the great work!

I started evaluation process with icfunded,com, but when I try to place an order I got that message: failed market buy 0.01 EURUSD [AutoTrading disabled by server].

My question is, do you have any relations with ICFunded so I can use your EA as a trusted one or any code I can present to them in order to allow this EA to work.

Best Regards!

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Andrey Khatimlianskyi
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Thanks for the update!

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john benson

Hello,

I've sent them a source code, they approved it, after that I put the same name to CP ea and Expert Comment. The CP ea started working. Thank you and you cam mark this topic as a completed.

Happy trading!

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Andrey Khatimlianskyi
Quote from john benson
Thank you,

they like to inspect the code of the EA before allowing it to trade.
Can you advise me some good working trading manager with an open code, I found this in GitHub, but with errors and cannot compile. https://github.com/peterthomet/MetaTrader-5-and-4-Tools/blob/master/Trade%20Manager/Trade%20Manager.mq5

Best Regards!

Find something in the mql5.com codebase.

But it still doesn't have any sense for me. I wouldn't share my strategy (and source code contains it!) with the broker.

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john benson
Thank you,

they like to inspect the code of the EA before allowing it to trade.
Can you advise me some good working trading manager with an open code, I found this in GitHub, but with errors and cannot compile. https://github.com/peterthomet/MetaTrader-5-and-4-Tools/blob/master/Trade%20Manager/Trade%20Manager.mq5

Best Regards!

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leo

the5ers is an alternativ broker for MT5.

the rule with "own code" is very standart on funded broker.

my issue with EA's is the allowed drawdown vs quick profit. I'ts possible. check YT Rene Balke. He documented few successful cases.

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Andrey Khatimlianskyi

You can say them the EA is yours, and they have no way to check this.

Set the Expert Comment with the name of your strategy, some random magic, and go on.

However, I would be quite skeptical about such a broker. Be careful.

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john benson
Quote:

EAs are allowed on our accounts, but only if they meet these rules:

The EA must be your own, and you must own the source code.
It must not include any copy-trading functionality.
Avoid “hyperactivity” (more than 3,000 server messages/requests per day) - that can trigger restrictions/notifications.

EA's must be checked and verified by our team before they are allowed to be used on your account. In order to be able to use an EA it must be one you have created and you would need to supply us with the source code so that we can do our checks before it is issued.

Unquote

This is from ICFunded.

Best Regards!