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The following article was published in our article directory on December 16, 2014.
Learn more about SpinDistribute Article Distribution System.
Article Category: Finances
Author Name: Frans Boucken
A forex robot is used in automated forex trading. It is a software program that is built to distinguish the situation of the market, according to the settings that are displayed and entered by the user. It is used in automated trading so that the individual can trade continuously, even during sleeping hours, while requiring no human evaluation to administer the trading process. There are many types of automated forex trading software or forex robots. The most common type is the software called Metrader expert advisor. This type of software is a trading platform, which regulates the trading account, and can even trade, using the parameters that are being chosen. In the process of trading, forex robots can do much of the work of an individual trader, using automatic strategy to do much of the trading.
There are a number of forex robots being listed at this age. To know which of those are among the best forex robot, it would be effective to base their standing on the leverage, the gains, and the profits made by these forex robots. The uppermost item in the best forex robots is the Broker Arbitrage, with absolute gains of 2123|, and profits of $258,448. It uses the Deutsche Trading as broker, and has leverage of 1:200. Taking the second place in the best forex robot is the KeltnerPRO, with gains of 2110|, and profits of $126,600. It uses the Synergy FX broker, with a leverage of 1:100. On the third place comes the WallStreet Forex Robot, with gains of 584|, and profits of $6251. It uses Alpari NZ as broker, and with leverage of 1:500. On the fourth spot is the Forex Growth, with gains of 579|, and profits of $1446. It uses the ThinkForex broker, and with leverage of 1:200. On the fifth spot is the FX Capitalist, with gains of 327|, and profits of $32,662. It uses the FXOpen as broker, and with leverage of 1:500. On the sixth spot is the GPS Forex Robot, with gains of 264|, and profits of $264,157. It uses the FX Choice as broker, with a leverage of 1:200. On the seventh spot is the Iris FX, with gains of 230|, and profits of $11,476. It uses the FinFx as broker, with leverage of 1:100. On the eighth record of the best forex robot is the Forex Warrior, with gains of 219|, and profits of $26,735. It uses the Forex4you broker, and with a leverage of 1:500. On the ninth spot is the Forex Sensation Extended, with gains of 215|, and profits of $21,507. It uses the FX Choice as broker, with a leverage of 1:200. Finally, on the tenth spot of the best forex robot, the FX-Builder comes with gains of 154|, and profits of $1824. It uses the Forex4you as broker for forex trading.
Forex robots are usually under the fully automated forex trading, wherein a computer algorithm is being used to decipher the aspects of order, including the timing, price, as well as quantity. In using the software, the users can operate them by changing the technical parameters of the program, according to the wishes of the trader.
Keywords: forex trading, best forex robot, best forex signals, auto forex trading
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