FX Algo usage has been growing steadily over the last several years driven by a number of factors. Those factors arguably include:
Algos which trade according to a linear schedule or aim to get an average price over a time interval have been available in FX spot for at least 10 years. Every major FX broker has a version in what could be considered a commoditised product. However, these algos can be traded in a number of different ways, and so it is worth revisiting why they are so popular and features that can differentiate them.