Gone are the days when a trader’s dependence on the knowledge of a currency trading broker was deemed final. Apart from the internet opening several options, one of the most recent breakthroughs for investors in the Forex market is the use of robots that do your investments and make all the recommendations for you.
Also known as an expert advisor when it comes to investing, it is unthinkable for the conventional web trader to do without this necessary tool that can change the way you can trade for profits in the Forex market. No, you don’t have to waste your time keeping up with the latest news on FX360 either.
Somehow, after all these years of analysts working for hours on end, some of these Forex robots have really given new meaning to the word ‘lazy’ because all it takes for an investor nowadays to trade successfully is to buy one of the these Forex robots.
Here are three Forex robots that traders can use on autopilot:
#1: FXNitro
Made available to the public only recently, a lot of hype surrounded this robot due to the fact that it has not made a losing trade since December 2008. With an accuracy of about 99.75 percent and a design that helps users profit for the long term (not just for a month or so), it has become a force to be reckoned with in the Forex market.
#2: Forex Megadroid
Developed by two professionals who have been in the Forex market for about 38 years, the only way to describe this robot is ‘patience’. Considered to be one of the most awaited (and best) robots that are available in the market today, it is not only adequately priced at $97, but has shown a 2,270 percent net in the year of 2009, when it was released.
#3: FAP Turbo Robot
This product was released in 2008 at a time when the word “forex robots” was considered to be linked with the concept of a scam. However, with an accuracy of almost 95 percent, it has remained a hit amongst Forex investors.