Which Forex auto trading platform is the best
Before we start discussing which Forex auto trading platform is the best, it is important to know what they are and how they serve.
Auto trading platforms applications designed for the execution of machine-controlled trading systems. They serve within the market, in line with pre-programmed trading methods, without the necessity for human intervention.
These machine-controlled systems will be active and operate 24 hours daily while not needing control from an investor. They will open and shut positions following an outlined trading strategy.
The majority of strategies used to design auto trading systems base themselves on the use of technical analysis indicators; said indicators help determine the rules for opening and closing positions.
In this way, the auto trader can tell the system under which market conditions it can open (or close) a position.
How Do Auto Trading Platforms Work?
In many cases, auto trading platforms are online, web-based applications that do not require downloading.
Some are desktop either and run over client side or hosted at trader’s own host through third parties.
The applications work based on the company that provides the supported auto trading service. The services of said companies include one or more trading systems, from which the traders can choose,
They also connect the auto trading platform to the users’ trading accounts; you can use funds without needing to set up a connection for each trade.
Optimum auto trading platforms are those platforms that support both client and server side scripting, the reason behind that is that volume and high-frequency traders need server-side scripts and programs that should be in near and closed place to the broker if not in the same broker’s server in order of reducing network latency and hence fast order execution.
Auto Traders: Help To Determine Which Forex Auto Trading Platform Is The Best
One of the most common forms of auto trading i witnessed in the market is the use of Auto Traders on platforms such as VertexFX, one of the most widely used trading platforms in the Forex market.
Traders can freely download or purchase Auto Traders (EAs) in sites dedicated to selling EA based on proven trading techniques like www.vstore.co .
In this sense, there is a lot of Auto Traders offered, and you can find a lot of free ones offered by solidarity traders on websites and forums dedicated to Forex.
One of the advantages of Auto Traders is that you can use them on virtually any trading strategy. That includes technical analysis strategies (based on technical indicators) and fundamental analysis (based on important news and economic indicators).
Hybrid Solutions’ VertexFX: Is it your Best Choice?
It is about time we told you which Forex auto trading platform is the Best.
Based on researches its released and known to some that clients who use client-side Auto Traders only, sometimes misses some trading opportunities due to network latency of being far away from the broker’s server that will require from them to pay extra costs for renting one or more VPS (Virtual Private Server) to host their Auto traders on it, that also in some cases might also be far from the server and not perform as required.
When I browsed solutions I found Hybrid Solutions offers a strategic online system through VertexFX that is currently one amongst the most reliable trading systems on a world scale, and supports the server-side hosting for the auto traders freely with no cost at all on the trader and can guarantee the speed and efficiency of execution of the auto trading scripts, this is side-by-side with client side script that are needed for custom indicators and visual plugins.
Additionally, they aim their technical support towards customers and to partitioning any reasonably business or technical issues.
It does not matter what level of experience you have in Forex trading. Whether you are a novice, experienced or veteran trader, VertrexFX Forex trading software can help you.