Brokers trading robots are designed for those traders who rely on forex trading automated trading system. Using the robot allows you to trade forex without trader’s participation in advance by setting the necessary parameters in the settings Expert Advisor. However, not all brokers allow trading robots. If you do not want your account has been locked because of a violation of the established rules of trade broker, trading conditions carefully study your broker. You can also take advantage of our ranking, which includes brokers, officially authorizing the trading robots.
Traders always attracted trade robot because it has the following advantages:
– No need to constantly analyze the situation on the market, technical analysis, monitoring of open positions;
– The absence of the human element eliminates the influence of emotion on trading operations, which has a positive effect on increasing the profitability of the transactions;
– Trading robots can simultaneously trade on several currency pairs around the clock, five days a week, which is not possible with manual trading.
For successful trading using trading robots requires two conditions:
1. Have a profitable automated trading system;
2. Resolution on the implementation of the trade broker using robots.
Below are the brokers for trading robots allowing the use of trade experts.