Thread: Forex automated trading

Hello i'm looking for a good automated online platform with reliable signal providers , what can you recommend to me? Any info is appreciated. Thank you in advance.

Hi vlager,

Thank you for posting. FXCM does provide trading signal in ST
http://forexforums.dailyfx.com/daily...g-signals.html (DailyFX Plus Trading Signals)

Regards,
jpschan

Hi jpschan. Thx for the reply. I'm kinda of confused , fxcm offer many platforms , which is the one that have signal providers whom i can follow and copy their trades.

imo, and as per my experience so far, zulutrade.

Hi vlager,

Thank you for you reply. As for dailyfx plus signal, only Strategy Trader have automated stEA for it. We are planning on bringing it to our new MT4 platform.

Regards,
jpschan

Originally Posted by vlager

Hello i'm looking for a good automated online platform with reliable signal providers , what can you recommend to me? Any info is appreciated. Thank you in advance.

I don't tried those, but i'm having the idea to select the signal providers.... Have a check on reviews to find the forex service provider!

Originally Posted by Ericmick

I don't tried those, but i'm having the idea to select the signal providers.... Have a check on reviews to find the forex service provider!

the best way to check is to open a demo and start following signals...it's for free, anyhow and you can only gain from it, since you are interested in auto-trading forex.

Originally Posted by Robyn

the best way to check is to open a demo and start following signals...it's for free, anyhow and you can only gain from it, since you are interested in auto-trading forex.

Yeah! interest is needed for everything to trade in forex..... Demo accounts can help to find the best signal providers with those features!

True demo can test almost eveerything...! but keep in mind that it doesnt include slippage (if and when it happens) since slippage is quite a brokers thing and can hardly be predicted.

Originally Posted by Robyn

True demo can test almost eveerything...! but keep in mind that it doesnt include slippage (if and when it happens) since slippage is quite a brokers thing and can hardly be predicted.

Could you explain what are coming to say about slippage in forex market and with demo accounts? I can't get some points....

slippage occurs in turbulent times when for example your broker delays closing a positions after it has been closed in your account. what i ment is that since a demo does not take into account who your broker is or will be therefore results from following cannot address slippage. there is a graph per each provider how much slippage is with every broker. i think the most important is to look for a broker that will give you full refund in cases like this.

Originally Posted by Robyn

slippage occurs in turbulent times when for example your broker delays closing a positions after it has been closed in your account. what i ment is that since a demo does not take into account who your broker is or will be therefore results from following cannot address slippage. there is a graph per each provider how much slippage is with every broker. i think the most important is to look for a broker that will give you full refund in cases like this.

Ok Robyn! Do you have any refund experience from the brokers due to slippage? And any broker is having that option to refund the money for their fault you know?!

yes unfortunatelly i do I used to have one account with alpari that at some point i was gettin over 3 pips slippage with some providers - so I complained and they did nth about - attributed it to high volume trading...so i searched it more and thank god I found that aaafx offers full refund in cases like that. Plus got rid of the comission with zulutrade. Problems solved!

Zulutrade that was mentioned above is actually a very cool service. I got on their demo account and started evaluating the performances of various providers that are hosted there. Some are bad but some are very good.

Interesting to hear your experience with such broker friend.. And i got one doubt, whether the zulutrade also one of the service provided by the brokers or this platform provided peculiarly by some brokers?