Comment on The rise of Algo trading platforms & everything you need to know
commented on
10 Dec 2021, 06:33 PM
If brokers aren’t permitted to allow API’s calls, it will be retails traders who would be facing teh set back. The institutions always get their way through.
Regarding the false advertising of high returns via 3rd party algos, it is essential for the retailers to learn and ignore the fake ones. Putting such strict regulations on brokers is just going to harm the retailers. Also, telegram channels giving tips (including some really branded brokers) will continue. At least in algos, good programmers get a slight chance of beating the market.