Autotrading is the right solution for those of you who don’t want to miss out on opportunities. Especially if you are extremely busy and don’t have the time to set up your trading setup. The concept resembles copy trading. The difference is that auto trading puts more emphasis on automated execution processes. Thus, the choice of methods can be broader. Even trading with robots can be categorized as auto trading. Since the methodology also focuses on the selection of signals and automatic execution on the trading platform.
Myfxbook service is one of the ways of auto trading that not only provides automated trading convenience but also displays signal choices from expert traders. If trading at a forex broker provides the connection, you can connect the trading account directly to the Myfxbook signal. Thus, auto trading becomes much easier and simpler.
The advantages of Myfxbook Autotrade
Because Myfxbook Autotrade has many advantages that can facilitate traders through automated trading, many auto trading platforms are now appearing to offer services with different privileges.
Experienced
Myfxbook is one of the pioneers in providing online platforms for forex auto trading, as well as being the first forex trader community that you can connect to the trading platform.
Directly connected to MT4
According to MetaTrader 4, the powerful MetaTrader 4 trading system allows you to implement strategies of any complexity. Thus, iIf you log in with a forex broker account that has worked with Myfxbook, then you can connect your Myfxbook account directly to MT4. If you register as a Follower, then auto trading on Myfxbook can be executed automatically on your MT4.
Social Trading Services
In addition to providing auto trading, Myfxbook is a platform that also functions as a gathering place for traders for discussions (such as forums) and provides facilities for Followers to track, compare and analyze the performance of signal providers. Conversely, the Myfxbook service also provides a place for signal providers to hook as many Followers as possible.
Accurate Statistics
Myfxbook can display trading performance statistics with high accuracy. Therefore, it is only natural that the Myfxbook platform is relied upon by many signal providers to system sellers and trading robots, to display evidence of the performance of each of their products.
Best Trading System Selection
This auto trading platform has several special features to identify account providers whose signals are truly credible. Besides, Myfxbook has automatic filters that can eliminate trading systems with poor performance.
Unlimited Demo Account
Trial accounts on Myfxbook are available unlimited. No time limit expires your demo account on this platform.
Guarantee the Credibility of the Signal Provider
Myfxbook policy does not permit demo account holders to become signal providers. Thus, it is certain that the auto trading signals on Myfxbook come from genuine traders who already manage live accounts and have a proven trading track record.
Transparent Fee
Myfxbook displays all detailed information about fees and services. This auto trading provider also provides incentives for profitable signal providers.
Provides Full Control
Even if you run auto trading, Myfxbook provides full freedom. You can set whatever system you choose, how to manage money, and make execution adjustments if market conditions are not following system rules.
