Automate your trades with advanced algorithmic order types available on 2500+ ASX Instruments.
Why use CMC Invest for algo trading?
- Low fees
For just a 0.033% trade fee, reduce costs by executing multiple orders in addition to one brokerage fee. - Institutional tools
Access leading institutional tools that aren’t commonly available for everyday investors. - Powerful platform
Access 7+ chart types and 200+ technical indicators with our powerful charting packages.
Capitalise on the power of automation with algo trading.
Using algorithmic trading can help give you the competitive edge by:
Improving trade execution by reducing the market impact of larger orders.
Potentially saving money on transaction costs, compared to executing multiple orders individually.
Saving time by not having to monitor large or multiple orders continuously during the trading day.
Investing with logic, rather than emotion.
Available order strategies
- VWAP
- TWAP
- Target Open
- Target close
Volume-weighted average price (VWAP) is a popular algorithmic trading strategy, which uses projected volume curves to execute the order proportionally over a specified period. This will reduce the impact on the market price and generally result in a better execution outcome.
Algorithmic Trading
Frequently asked questions
Which platforms can I use algorithmic trading on?
You can use algorithmic orders on both our standard and pro platforms on desktop only.
How does my algorithmic buy order impact my available funds?
Each algorithmic order has a price limit that must be set at the time of order placement. While the order is open, your available funds will be reduced by the maximum possible trade consideration based on this trade limit. Once the algorithmic order is complete, a trade confirmation is issued for the exact consideration, which is then considered as a normal unsettled trade.
Can I amend an active algorithmic order?
No. To make any changes to the algorithmic parameters, you will need to cancel the order and create a new order with the updated parameters. If the order is to increase volume, then you can add the incremental portion as a new algorithmic order.
Can I use algorithmic trading for any stock?
Algorithmic trading can be used to place orders on 3000+ ASX stocks.
Let’s start trading
1
2
3
Support