Updated October 2026
Arbitrage software compared side by side
The five arbitrage programs we rate in 2026, scored on the same four criteria. Pick a card to read the full review, or scroll down for the feature-by-feature table.
1
Read the full review →SharpTrader
BJF Trading GroupTop-tier suite4.4★★★★★
2
Read the full review →Westernpips
Private 7 suitePro infrastructure4.4★★★★★
3
Read the full review →HFT Arbitrage Platform
Best value · more affordable4.3★★★★★
4
Read the full review →NewHope Arbitrage
New Hope Inc.3.8★★★★★
5
Read the full review →Arbitrage EA
arbitrageea.netFree option3.7★★★★★
Scores are our editorial assessment at the time of review. Broker conditions change quickly, so always test on a demo account before trading live.
Feature table
Feature-by-feature comparison
Connectivity, markets, strategies and price level at a glance. On a phone, swipe the table sideways.
| SharpTrader | Westernpips | HFT Arbitrage Platform | NewHope Arbitrage | Arbitrage EA | |
|---|---|---|---|---|---|
| Overall score | 4.4 / 5 | 4.4 / 5 | 4.3 / 5 | 3.8 / 5 | 3.7 / 5 |
| Connectivity | Built-in Easy FIX API; crypto exchanges via WebSocket & REST | Direct FIX API & ITCH, professional data feeds | MT4/MT5, cTrader, FIX API; crypto exchanges | MT4/MT5 (INSIDE), FIX API, crypto | MT4 expert advisor |
| Markets | Forex, crypto | Forex, crypto, indices, commodities, futures | Forex, crypto | Forex, crypto | Forex |
| Strategies | Multi-strategy latency & hedge arbitrage | Two-leg HFT latency arbitrage | One-leg (latency), Hedge, Two-leg latency | Classic, hidden and two-leg latency | Basic latency arbitrage |
| Price level | Premium | Premium | Affordable | Paid packages | Free |
| Best for | Professional traders who want one mature suite for forex and crypto | Experienced HFT traders with an arbitrage-tolerant broker | Traders who want modern strategies at a lower price | Companies and funds running MetaTrader-based arbitrage | Learning the concept on a demo account |
How we score
Four criteria, one scale
Every program is rated 1 to 5 on feed and broker coverage, execution speed, features and tooling, and value for money. The overall score is the average, rounded to one decimal.
Read the 2026 arbitrage guideOther programs we have reviewed
Older reviews that have not been re-tested for 2026, so they are not scored here.
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