Automated trading software operates according to a pre-defined trade plan or algorithm without the need for manual intervention. They also sometimes go by the name of Expert Advisors or EAs and often run as such on the popular MetaTrader4 trading platform. The so-called forex trading robots available on the commercial forex market generally fall into this category, as do personalized trade plans that traders program or have programmed themselves.
Live trading results – It is common for robot sellers to promise a winning ratio of 90-99%. But this figure is very deceiving, and you should take a look at the bottom of the page to find out whether the results are based on real time or simulated trading. As there is a big difference between results in real time trading, where markets can be very chaotic, and simulated trading where parameters are strictly controlled. There is also the fact that simulated trading doesn’t take into account liquidity, which is a crucial part of real-time trading. You should also bear in mind that simulated trading can easily be manipulated so that the Forex robot comes out a winner every time. Whereas real-time trading results show the true performance of Forex auto trading.
Rounding out the top five were FXCM, ADS Securities, and XTB. FXCM’s support had the longest average wait time of our top seven; however, reps were always professional and never had trouble answering our questions. XTB also consistently delivered on its around-the-clock service, and ADS Securities provided tailored support for us as a dedicated customer service representative is assigned to each customer for calls made during regular market hours.
3. Buy automated day trading systems right off the shelf – There are plenty to choose from and a whole host of reviews that will reveal their past performance. The problem with this option is that whilst backtesting may reveal promising results, those results don’t always translate when you apply them to live markets. In addition, your work isn’t finished after the initial purchase, your system will need updating as the market changes.
The FXCM Group is headquartered at 20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom. Forex Capital Markets Limited ("FXCM LTD") is authorised and regulated in the UK by the Financial Conduct Authority. Registration number 217689. Registered in England and Wales with Companies House company number 04072877. FXCM Australia Pty. Limited ("FXCM AU") is regulated by the Australian Securities and Investments Commission, AFSL 309763. FXCM AU ACN: 121934432. FXCM Markets Limited ("FXCM Markets") is an operating subsidiary within the FXCM Group. FXCM Markets is not regulated and not subject to the regulatory oversight that govern other FXCM Group entities, which includes but is not limited to, Financial Conduct Authority, and the Australian Securities and Investments Commission. FXCM Global Services, LLC is an operating subsidiary within the FXCM Group. FXCM Global Services, LLC is not regulated and not subject to regulatory oversight.

Live trading results – It is common for robot sellers to promise a winning ratio of 90-99%. But this figure is very deceiving, and you should take a look at the bottom of the page to find out whether the results are based on real time or simulated trading. As there is a big difference between results in real time trading, where markets can be very chaotic, and simulated trading where parameters are strictly controlled. There is also the fact that simulated trading doesn’t take into account liquidity, which is a crucial part of real-time trading. You should also bear in mind that simulated trading can easily be manipulated so that the Forex robot comes out a winner every time. Whereas real-time trading results show the true performance of Forex auto trading.


Automated trading software can be a great way for beginners to observe how a professional traderapproaches the market.This gets back to emotional issues, the plague of all forex currency trading beginners. If you select wisely, and only place the robot on a demo account or small live account, you can sit back and “see how it should be done” at your leisure.
Over-optimisation – A focus on curve-fitting leads to automated day trading algorithms that should be fantastic in theory, but often fall short of the mark when it comes to live trading. For example; a lot of people fine tune a plan with almost 100% profitable trades that shouldn’t ever experience a drawdown. Apply it to a live market however and it can completely fail. This is why you should stick with low value trades until you’ve ironed out all the creases.
Shane his trading journey in 2005, became a Netpicks customer in 2008 needing structure in his trading approach. His focus is on the technical side of trading filtering in a macro overview and credits a handful of traders that have heavily influenced his relaxed approach to trading. Shane started day trading Forex but has since transitioned to a swing/position focus in most markets including commodities and futures. This has allowed less time in front of the computer without an adverse affect on returns.

FXCM Trading Station Mobile: This service offers a wide range of trading tools in addition and easy access to forex markets. The app grants access to more than 56 currency pairs, and users can place and manage forex trades through it. A free in-app demo is offered to new users who would like to try the platform risk-free before they decide to sign up and fund accounts for real FX trading.
I purchased the FAP Turbo last week and set it up on my already running MetaTrader account. The results are awesome and I could not be any happier. Even with a conservative risk setting of 4%, it still generates close to 300/day. Already 2 of my family members and 4 friends have also made the purchase based on my recommendation. Thank you for releasing such a great product that works just as advertised. I am so excited to see the account growing daily and I will keep spreading the good word on your FAP Turbo robot!!
I am very impressed with everything I have seen and read here. I am fresh from a nasty experience with a robot very recently launched on the market, that simply did not work - at all - even on backtest. I like the way this webpage has been presented, very individually styled... very personal. It doesn't follow the same old, same old... And that gives me confidence to try your software. I'm looking forward to it.
FXCM Trading Station Mobile: This service offers a wide range of trading tools in addition and easy access to forex markets. The app grants access to more than 56 currency pairs, and users can place and manage forex trades through it. A free in-app demo is offered to new users who would like to try the platform risk-free before they decide to sign up and fund accounts for real FX trading.
The trading interface is what the user of the forex trading software interacts with in order to execute forex trades. Such an interface needs to be both ergonomic and generally acceptable for your purposes. Most trading interfaces can be customized, but to what extent generally depends on the software. Adjusting window placement and display colors are common trading interface changes that most platforms permit.
Risk warning: Trading Forex (foreign exchange) or CFDs (contracts for difference) on margin carries a high level of risk and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. Before using Admiral Markets UK Ltd, Admiral Markets AS or Admiral Markets Cyprus Ltd services, please acknowledge all of the risks associated with trading.
For the Best Forex Trading Platform category, Dukascopy Bank took the top podium spot this year for its highly innovative JForex 3 platform, which comes available for desktop, web, and mobile, and is compatible with Windows, Mac, and Linux operating systems. Charting in JForex 3 comes packed with 313 technical indicators and the platform supports automated trading strategies, helping it compete with popular third-party software, such as the MetaTrader4 (MT4) platform and cTrader platform.
We use real life well-proven trading strategies with a solid edge. Unlike other robot developers, we did not use the past price action to create our trading systems. All our trading strategies have been traded by many professional traders for many years well before Evestin Forex. All we have done is automated these well-proven trading strategies so everyone can use them.
This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.
As soon as you sign-up for FAP Turbo you’ll receive your very own welcome package and access to your FAPT3 Members area. From here you’ll be given your unique License/Receipt# for the robot (which you can find on the License Management page). As soon as the robot is installed on your computer, you’re ready to follow the step-by-step training instructions and set yourself on the path to success.
Plus500 UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909). While US-based traders aren’t allowed to open Plus500 accounts, traders in Europe, Asia, and Australia can enjoy the myriad of perks this broker offers. For starters, the minimum deposit for Plus500 is $100, which is lower than what other regulated brokers require. They offer a decent 300:1 leverage that can be used to trade 50 currency pairs including EUR/USD and USD/JPY.
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