Each experienced Forex trader has gone through a long phase of formation, ups, and downs. Many of them nulled their accounts several times while learning to trade. All this time, traders had to analyze the history of trades, follow the news, and trades on their own so on day after day. With the advent of trading robots, many of these routine functions were taken over by them.
New traders friendly
The robot is a fully automatic program and doesnt require you present. This allows beginners to start trading forex immediately after the deployment of the program and does not require previous experience. This is a great advantage for those who want to try their hand at Forex trading.
Constant and stable income
The robot provides work in a fully automatic mode, giving a stable passive income. At the same time, its owner can control all its aspects of the activity, configure it at its discretion, control the current trading process from market analysis, to entering and exiting a position.
Helping in improving your own strategies
Robots are usually developed based on some strategies that have already brought substantial profit to their owners. By applying them at the core of the robot, devs thus allow you to get your profit too. A feature of some robots is that developers maintain the availability of analysis of the history of trading operations so that traders can use this data to improve their own strategies.
List of criteria we use to prepare the best-rated Forex robot sheet
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Trade accuracy
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Numbers of traded currecny pairs
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Different risks level management
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Performing and order execution speed
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Official performing data (gain, profit) from myfxbook and fxblue sites
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Pricing for buying/subscriptions
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Support availability
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User interface
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Bitcoin or other crypto trading availability
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Customization of the standart patterns