Forex is a commonly used abbreviation for “foreign exchange” and it is typically used to describe trading of currencies in the foreign exchange market by investors and speculators. Forex is the world’s most traded market, with an average turnover in excess of US$4 trillion per day. Compare this to the New York Stock Exchange, which has a daily turnover of around US$50 billion and it’s easy to see how the foreign exchange market is the biggest financial market in the world.
In order to start you need to open an account with our partner broker. After your account has been approved you will get your account number. The Expert Advisor will be send the same day and we will help you with the installation of the EA.
Yes in case you use a full automated strategy and better to use a VPS. We can give you links to good VPS providers. In case you are using a hybrid EA you can enable or disable Auto trading at your choice.
This depends on the market conditions, but best to start with $3,000
The EA’s can be used for free in combination with a preferred broker account. In case you wish to trade our EA’s with a non listed broker, you can purchase the EA. Please contact us for more information.
Yes. Just disable auto trading in your mt4 platform.
Yes as long as your account is funded sufficiently.
Nothing to worry about. The trades that are currently open will stay open until the computers power is restored, no new trades will open at this time and the system will resume normal trading as soon as the power is restored. Just start your computer, run the Metatrader again and be sure that your Expert Advisor is turned on. It will continue trading.
We can help you with the set up. A virtual private server (VPS), also called a virtual dedicated server (VDS), is a virtual server that appears to the user as a dedicated server, but that is actually installed on a computer and can serve your MT4 terminal. The big advantage is that this terminal is always switched on which is needed in order to trade with most forex robots.
We recommend to have a stable internet connection and computer hardware, working without interruptions 24 hours a day from the market opening on Monday to the market closing on Friday. If you need any advice on this matter, give us a call, or request a call back from u, we’ll be happy to advise you on the technology set-up that you’ll need.
You need not worry about your computer losing power of re-booting either; the trades that are currently ‘open’ will stay open until the computers power is restored, no new trades will open until the system will resumes normal trading, as the power is restored. Just start your computer, run Metatrader again, and, ensure that your application is turned on. It will continue trading.
There are never two accounts exactly the same in the forex market, even though the settings can be the same. There will be always differences. If often depends on your broker’s execution time and pricing, so it’s critical to have a good and reliable broker.
We collect a set fee per account we send to our partner brokers. This allows us to offer the forex robots for free and keep an unbiased position towards any EA, regardless how many trades it does.
We do believe that automated trading is performing better for most traders and it saves a lot of time. However, we have heard too many “Holy Grail” stories and there is no such thing. Trading with EAs is risky too and requires monitoring your account from time to time. By partnering with us we try to make the experience transparent and to set realistic goals.