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Pushpender Sharma
1-2 years

Is it possible to use Expert Advisors (EAs) for automated trading on Shin's platforms?

Broker Issues
Shin
Platform
Leverage
Instruments
Account
08-29
United States
WikiFX
Reply

Based on my own research and experience reviewing brokers, I would not consider Shin suitable for automated trading with Expert Advisors (EAs). Shin is a Japanese broker that specializes in traditional securities, such as stocks, investment trusts, and bonds, and notably does not offer an online trading platform. For me, the absence of a digital trading environment effectively rules out the use of EAs, which require compatible software—most commonly platforms like MetaTrader 4 or 5. In my trading journey, the ability to deploy EAs is entirely dependent on having access to such platforms, and Shin simply doesn’t provide that infrastructure. Furthermore, Shin appears to target novice investors in Japan, focusing on low commissions and NISA tax-exempt accounts, rather than catering to advanced needs like algorithmic or high-frequency trading. While Shin is licensed and regulated by Japan’s FSA, providing a certain level of trust, the broker’s overall offering is quite traditional. In my view, those looking to utilize EAs or engage in any automated trading should seek out brokers with a robust online trading platform and explicit support for automation, neither of which are evident with Shin. For now, I personally would choose a more technologically advanced broker if EA trading is a priority.

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