Frequently asked questions

FOREX
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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.

EXPERT ADVISOR (FOREX ROBOT)
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A forex robot (also known as expert advisor) is a program created in the computer language MQL that automates the trading processes in the MT4 platform. Forex robots can trade automatically based on some predefined conditions and rules.

HOW DO I START?
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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, if we do not show any live track records you are offered to trade an EA in a demo account.

Please download a tutorial here

Yes in case you use a full autmated 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 robots can be purchased in our shop . In case you open an account with one of our prefrerred brokers you will get a 50% discount and when you open and fund your account with at least $5K with our partner brokers you will receive any EA for free.

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.

BROKERS
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Yes. All of our partner brokers are regulated by the FCA or ASIC

This depends on the market conditions, but best to start with $3,000

Yes. Your money is held in a segregated account with our partner brokers.

Please provide us with the name of your broker so we will try to partner up with them.

ABOUT VPS

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. Read more here

Yes, from 5 lots traded we will credit up to $10 monthly for your VPS fees. Read more here

Yes. In case you need help with the installation, our support team is here to help.

You still have questions? Fill out the contact form and we will respond as soon as possible.