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Nali5689
1-2 years

Can you use Expert Advisors (EAs) for automated trading on SOCIETE GENERALE’s platforms?

Broker Issues
SOCIETE GENERALE
Leverage
Account
Platform
Instruments
08-25
United States
WikiFX
Reply

Based on my careful review of the available information, I do not see any confirmation that SOCIETE GENERALE offers a trading platform compatible with Expert Advisors or supports automated trading features. As someone who has relied on EAs for systematic trading in the past, the first criteria I look for is clear disclosure about trading platforms—such as MT4 or MT5—which are essential for running EAs. SOCIETE GENERALE's WikiFX profile does not indicate support for MetaTrader or any other platform well known for automated strategies. Furthermore, there is a concerning lack of detail regarding the broker’s account specifics, software environment, or even fundamental aspects like spreads, leverage, or deposit/withdrawal procedures. In my experience, transparency about operational details is vital for trust and risk management—especially with automation. More critically, SOCIETE GENERALE is not regulated and is flagged for potential high risk and suspicious business scope. In the world of forex trading—especially where automation is involved—relying on an unregulated entity exposes a trader’s capital to heightened risk, with limited recourse in the event of issues. For me, this lack of regulatory backing alone would be a decisive reason not to pursue any form of automated trading or EA integration with this broker, regardless of the technical support for EAs. My priority is always capital security and broker reliability, and in this case, I would remain on the sidelines.

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