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Many forex investors are attracted by the idea of autortading. What could be better than a sophisticated algorithm that trades for you and generates consistent earnings on a regular basis? The technical indicators allow for such algorithms to be created, but nothing can guarantee that they will work well all the time. However, it is enough for such trading robot to generate more winning trades than losing ones, and it can turn into a profit making machine.
Any person who has some basic knowledge about the forex industry knows that such trading robots exist. However using them to make profits it’s not that simple. First of all, most successful trading robots are not free of charge. They require a onetime payment to purchase, and some of them also require monthly fees to be able to use them.
The most famous and successful trading robot as of today is FAP Turbo. It had excellent results in the past, and it is still used by many. However, there are some disadvantages with it too. FAP Turbo requires a MT4 platform to work, and it is not easy to find a reliable broker using this platform and also accepting autotraders. The purchasing fee is not to be neglected too, and if you want to use it 24h you must keep the computer working or pay a monthly fee to use FAP Turbo’s servers. Also, you may experience problems with your broker if the robot is scalping, and high spreads can ruin the results. Considering the above mentioned problems, using such robot is not an easy thing to do. It can be very profitable if done right, but it usually requires a high budget and some experience in the field. But is there any other way to find a robot to trade for you? AVA FX Auto Trader seems to be the answer to this question. This new service from AVA FX lets you trade using a large number of autotrading robots. Using this service, you can choose from a high number of robots and use only the ones that you prefer. You can order them by past performance, drawdown, number of trades and more. Their database provides accurate statistics about the past performance of the robots, so you can have an informed choice when selecting the robots you want. With AVA Auto Trader you can create a portfolio of robots to trade for you, and edit their settings to fit best your budget or trading needs. You can even reverse a robot, if you prefer to use exactly the opposite of a losing robot. The big advantage of this service compared to classical autotrading is the fact that the broker is in perfect accordance with your autotraders. The spread for autptrading is indeed one pip higher than AVA FX’s regular spread, but you can at least rest assured that the broker is not against your robots. The minimum investment for using this service is about $550, but they recommend at least $1000 as initial investment to be able to rip the benefits of this service. You can also try a demo account for auto trading to test the way it works and see if it is the right thing for you without risking your money. Considering the wide range of auto trading robots you can choose from, the advantage of using a reputed broker and all the other aspects mentioned before, we can say that AVA FX Auto Trader is a hidden gem in the world of forex and auto trading. However, making money with this depends on your choices and of course, your luck. To learn more about AVA FX Auto Trader you can visit their website at AVA FX Website |