AI trading or artificial intelligence trading is a new and innovative way of trading. There are many AI in the market. Some of these are free, and some of these AI are paid. Although it is hard to select the best one, I am giving a list 8 best ai forex trading software.
8 best ai forex trading software
eToro is regulated by FCA, and CySEC.eToro has over 20 million active users. In addition, it offers a handy “copytrader” feature. This feature allows active traders to copy the trade ideas automatically. eToro has one more feature: CopyPortfolio. eToro users can invest real money in these portfolios directly online. And for doing this, users don’t need any fees.
This provider has more than 25,000 active subscribers. They also provide a handy signal service.
This is one of the best AI forex brokers. This AI broker is regulated by both CySEc and MiFID.which means they protect traders’ funds.
British Bitcoin Profit:
This automated trading software is known as a day trading robot.” British Bitcoin Profit“ can trade the forex market on your behalf. The advanced technology of British Bitcoin Profit scans the market conditions 24/7 for finding profitable setups. If find any opportunity, the AI instantly places trades.
Forex Fury is compatible with both mt4 and mt5 online trading platforms. Forex Fury boasts that they have a more than 90 % winning rate.
If you want consistent profitable results, go for 1000pip Climber. Often traders don’t have time to analyze the market trust blindly on 1000pip Climber.1000pip Climber is considered one of the best and most advanced trading bots available to the market today. Many AI is difficult to use for their complex features. But 1000pip Climber is different. They have only a few settings which makes them extremely easy to use
FX Master Bot:
This is a web-based automated trading service. This AI is different because you don’t need to download or install software on your devices. Instead, execute everything online. If you are an experienced trader then this EA would be the best choice for you.
This EA provides forex and crypto trading signals. EA Pros boasts that it can return more than 2 % daily! Can you imagine? 2% is enormous in the forex, cryptocurrency markets, or other financial markets.
These 8 are the best ai forex trading software. You can trade any pairs like major, minor, cross, and exotic, but I will recommend sticking only the most traded major pairs for getting the best output.
Advantages and disadvantages of artificial intelligence forex trading software
|Hundreds and thousands of forex, stocks, CFDs, crypto instruments are available to trade.||Newcomers often lose money|
|Trade sitting in front of your personal computer from the comfort of your home.||Not all trading AI is credible and trusty.|
|Use simple everyday payment methods as the deposit and withdrawal processes.||You need a minimum amount.|
|Commissions and fees are not too high.|
|AI saves your time|
|You will trade under incredible professional analysis.|
|If you trade based on AI, your emotion will not hamper your trading decisions. AI trade without human intervention.|
|Some AI company has free signals group. By joining these groups, you can learn analysis of your own.|
|From the above 8 I mentioned earlier, some boast more than 90% accuracy.|
What should I look for when selecting the best ai forex trading software?
- Reputation and awards
- Asset classes
- Payment methods
- Spreads and commissions
- Research and technical indicators and other technical analysis tools
- Customer support
- Maximum Drawdown
- Is 30-day free trial available or not
The internet is full of different forex robots and EAs.All of these aim to help your automatic trading. But many deceive users with their false results and fake claims. So it is crucial to sort out the best ones from the worst ones. If you thoroughly read the content, I wrote above, finding the best ai forex trading software would not be so challenging for you.
Is robot good for forex trading?
Forex robot is not suitable for newbies. But highly professional traders can use robots to improve their performance. For newcomers, my suggestion is to profit in manual trading style first. Then go for AI
Which is the best software for forex trading?
Forex Fury is the best ai forex trading software.
Is AI trading profitable?
Yes. When professionals use AI, then AI trading turns into a profitable trading strategy.
Which trading robot is the best?
If you are looking for the best, choose from British Bitcoin Profit and Forex Fury.