The world of Forex is huge, and very exciting, but can also be quite intimidating for those first venturing in for the first time. This is where it is really useful to sign up for an autotrade opportunity.
There are many services on the web that offer this type of service, some better than others. There are really three main approaches to autotrading Forex:
Forex Robots – this is a system whereby software automatically makes all trading decisions based on a certain formula such as scalping, swing trading or trend trading. You can have the software based on your own computer, which means that it has to be on, connected and running 24 hours per day. Or you can base the robot on a Virtual Platform, which you log into whenever you want. The robot runs fully automatically for 24 hours without interruption. This system has the least amount of human input – you simply set the software up, link it to your account, and let it run. The most talked-about example of this type robot currently is FAP Turbo, which claims to be able to double a trading account