AUTOMATIC FOREX TRADING

Automatic forex trading using expert programs or signals has attracted our attention, although our website is focused on real estate investing, and will be the first in a series of articles we will be posting on Forex Investing, as it is another investment alternative in which we have great interest.

Automatic
Foreign Exchange Trading Using EXPERT Signals
of Your Choice,
ALL FOR FREE

Before saying anything else we empasize that forex trading can result in high gains but also in large losses including total loss of investment capital because of the high margin used in typical trades.

We have done some research on automatic forex trading using expert programs or signals as we find trading manually without expert advise a difficult and very stressful task.

Automatic Forex trading is possible using the so called "forex robots", which usually can be attached as "expert advisors" in the Metatrader (MT) platform. Once they are attached to the specific charts of currency pairs that they have been designed for, they can automatically place trades. Of course in order to be able to use these programs for live trading you need to have an account with a forex broker that supports the MT platform. Not all forex brokers provide live trading through this platform.

Do not buy a forex robot without checking some actual forward test results either live or on demo accounts from independent evaluators. Most forex automated robots claim to be able to make big money based on backtests and simulations. Backtests and simulations are not necessarily good indicators of performance in real live forward trading. We searched extensively the internet to find such sites but we found only a few. We will discuss them in our next Forex article.

Another way of trading with expert advise is to subsribe to expert providers of "forex signals" for a monthly or annual fee. These experts claim that they follow all developments and news that they may affect currency movements, and derive their signals through analysis of this information and technical analysis of currency movements. Some of these signal providers may provide and a program that will automatically place the trades in your account but most of them they don't. So actually subscribers will need to enter the recommended trades in their accounts manually.

There are sites though, such as ZuluTrade, that make possible fully automated trading with forex signals from experts without paying anything neither for using ZuluTrade platform neither for the signal providers. Users of ZuluTrade get automatic placement of recommended trades from experts without paying anything. Signals providers are paid from rebates provided by the brokers that work with ZuluTrade. In this sense ZuluTrade bridged the gap between valuable information in money markets and trade execution, by converting the advice of professional and talented traders globally to an executed trade rapidly and automatically in the subsriber's account. In order to do that, subscribers need to have live trading accounts with supported brokers that work with ZuluTrade.

ZuluTrade subscribers can choose the expert signal providers they would like to use based on actual performance results on demo or live accounts provided by ZuluTrade. The other advantage of ZuluTrade is that subscibers can access their accounts and trade from anywhere they have access to the internet, not only from their computers.

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