If you are searching for the Best Forex EA, you already know the importance of having a reliable Forex Expert Advisor. Most Forex robot developers guarantee great outcomes, however the market is always moving, and Forex is particularly helpless before worldwide occasions, so guaranteed outcomes may not work out as intended.
They will tell you that their EA has made them thousands of pips without them having to do a thing. But unless they show you account statements that are audited by a highly reputable, third-party accounting firm, take it with a grain of salt.
Be careful about any Forex EA developer that makes and ensures about huge profits.
Best Forex EA 2019
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DaxRobot.com is a very simple-to-use automated trading robot for Forex and Cryptocurrency.
There is substantial evidence that DaxRobot delivers an amazing 90% win rate on a consistent basis.
This is among the few auto trading software that offers demo trading because the team of professionals behind it are confident on its ability to yield the promised results.
The robot’s algorithm combines these trading systems (Classic, Fibonacci and Martingale) with indicators like MACD, RSI, Stochastic Oscillators to predict the next move in the market.
DaxRoBot has been around for a significant length of time, which is an indication that the team of professional traders who developed it are dedicated to making sure that this robot will extract decent return on investment for all traders who use it.
The robot’s benefits can be summarized as follows:
- More than 90% average win rate!
- Consistent results which means no huge draw downs
- Proven and tested to work well going by the numerous user results
- It’s very simple to use, hence the name DaxRoBot.
- Free to use
- Minimum Deposit is $250
Official Site: https://daxRobot.com
More Details About DaxRobot
DaxRobot is Forex and Cryptocurrency trading robot that automatically buys and sells Forex pairs like EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD as well as Bitcoin(BTC) and altcoins as long as there is significant volatility and high probability trading signals in the market.
The average win rate for this software is 90%, and it trades a wide range of assets such asForex and CFds on Bitcoin(XBT), Ethereum(ETH), Litecoin(LTC), Ripple(XRP) and so on.
The 90% win rate is the average strike rate that traders should be expecting. Nevertheless, profits generally depend with the amount of trading capital that a user will start with.
If you start with $250 (which is the minimum), you should expect to make between $50 and $100 per day. That is an estimate because these results are hypothetical in nature.
What does this mean? It means that after collecting results from various users and calculating the average, it was discovered that DaxRobot was able to make up to $100 on a $250 account.
What if you make a deposit of $1000 instead. Well, that’s the most recommended amount to start with if you want to earn a living from your trading.
Users who have started with $1000 have made up to $400 a day. That’s sufficient to earn a living from.
Signing up is quite straight forward and only takes a few minutes for you to have a broker account fully operational.
Once you submit your details here through a special sign up form, you will be redirected to a licensed broker’s platform where you’ll be required to sign up and make a deposit as well.
This can barely take you one hour since deposits are instantly approved so that you can start trading immediately.
The ‘best’ Forex EA is one that:
- Has clear, public, transparent results – both good and bad.
- Educates you – with no conflict of interest – on proper account management and risk management.
- Has no preference on a broker that you use for trading.
- Provides signals that fit in with your trading style.
Check a Forex EA web site to see their trade history. Confirm a cross section of those trades through your broker’s online platform – do the entry and exit prices and dates/times match what really happened in the market?
Results could be fictitious. Are there too many winning trades, and only a few losing ones? If so, this could highlight that the data is false.
Check back with the provider every few weeks – are their results being updated? Has any data been changed (e.g. an existing losing trade is now removed from the site)?
Education and Conflict
It is not enough to choose a Forex EA that makes a profit. Do they include details on how to trade?
It is always your responsibility to learn the Forex market, and understand trading – as well as the risks associated with it. However, a good Forex EA will provide clear guidance on areas including:
- Account balances
- When to enter / exit trades
Avoid Forex EA offering free trades and/or requiring a specific broker be used. This typically means the Forex EA is incentivised (paid) by the broker to induce you to trade badly, and lose money to the broker (this is how the EA developer then gets paid a commission, in turn, from the broker).
Your Trading Style
This is subjective. If you have had success day trading over small timeframes, congratulations. Use a Forex EA that follows your approach and trading strategy.
If you’re not going to be at a computer during key market hours, or a Forex EA requires you to make quick trades, then they’re probably not for you.
In short – ‘best’ is both an objective and subjective question.
Look at the many options available for traders using DaxRobot.
Try a Free Demo Account at: DaxRobot.com, and see how it is.
To be a successful trader its required to get in touch with successful traders world wide who are really making profit.