Regulated by the FCA and the Cyprus Securities and Exchange Commission , FXPro has won over 35 awards in the past decade and has clients in over 150 countries. Both fixed and floating fees are available on FXPro’s MetaTrader 4 platform, with no commission fees. With a commitment to full transparency and superb customer service, it is a fine choice for both beginners and experts in forex trading.

  • However, traders can get access to autochartist, which is an automatic chart pattern recognition software, as soon as a trader can take up his account balance to greater than $300.
  • The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
  • With a user-friendly interface and the ability for performance statistics and patterns to be displayed directly on a client’s MetaTrader 4 platform, Autochartist simplifies the trading process.
  • They can simply set the EA to execute an order when the price action conditions are met.
  • Pepperstone also makes available a demo account that allows you to trade with $50,000 in dummy funds.

By reviewing previous performance statistics, customers can understand how Autochartist can add the most value to their trading activity. However, as with any trading, using the service comes with its risks and shouldn’t be considered a sure-fire way to pay the bills. Traders are not able to sign up with Autochartist directly, instead, they need to access the services through registration with a participating broker. By integrating its services into the MetaTrader 4, MetaTrader 5 and cTrader platforms, the services are widely available via web, mobile and desktop applications, including for Windows and Mac. Traders also have the option of trialling the services for free with some brokers via their demo account.

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With the WebTrader version, users can log on to all of their MT4 accounts from any web-connected browser, simply by entering their FXPro Direct credentials. This is useful if you aren’t able to access your own trading terminal for whatever reason. This web-based version of MT4 is optimised for online use, with improvements including a redesigned layout and real-time risk statistics. MT4 for Mobile comes in Android, iOS and web-based versions and includes rapid trade execution and a user-friendly interface optimised for mobile devices. FXPro MT4 is one of four platforms the broker offers, alongside MT5, cTrader and its own brand FXPro Markets platform.

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Pretty much everything about MT4 – including charts, technical indicators, EAs and scripts – can be customized. Detailed trade analysis to identify patterns in trader behaviour, as well as educational videos within the platform. However, they don’t have their own platform and instead work with a variety of partners like ZuluTrade, Myfxbook, RoboX, Mirror Trader, Duplitrade and Pelican. Learning to recognize and to use efficiently chart patterns can increase significantly your probabilities of entering profitable trades (up to 75%). StrategyQuant includes also a great number of ready-to-use strategies for any financial market and for any timeframe.

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Founded in 2002, XTB is a well-known broker in Forex and CFD trading, offering access to over 2100 financial markets. These include forex, indices, commodities, and CFDs on stocks, cryptos and ETFs. It is licensed and regulated by the FCA, the CySEC, the KNF, and the IFSC. For example, the spread on the standard autochartist account is floating, starting from 0.9 pips. On the Pro account, the spreads start from 0 pips and are variable depending on the market movement. The web trader platform uses the web browser to trade binary options, which eradicates the need for a dedicated trading terminal for traders who use multiple devices.

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Their aim is to analyze and to identify recognizable patterns that may occur in the price chart of a Forex pair, an index, a commodity, etc. The recognition process involves several technical analysis theories such as Elliott Waves, Fibonacci Ratios, Harmonic Patterns, etc. These patterns are more reliable when identified on long timeframes, such as the 1-Hour, 4-Hours, and 1-Day.

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Combining leverage with derivative products can generate very rapid losses. Please ensure that you fully understand the risks involved before you engage in such transactions. Forex and CFD trading is not suitable for investors who are not able to withstand losses greater than their initial deposit. Compare and Focus Option in this detailed breakdown of their platforms, features and fees. This website is not intended for use in any jurisdiction where the trading or investments described are prohibited and should only be used by persons and in a manner permitted by law.

A quick-start user manual pdf file is also available online for traders looking for a summary version. You can backtest an EA to see if a strategy has previously been profitable on multiple markets. Although this can give you the confidence to utilize them, keep in mind that past performance is not an indicator of future performance. The mobile versions of the platform are full of useful features, while keeping everything tight and compact.

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The second step was entering the markets of eastern Europe, and over the next few years we entered a new stage of growth when InstaForex brokerage services became available internationally. At the moment, InstaForex is a truly global brand with over 150 offices in more than 20 countries, and an acknowledged leader in its field with numerous industry and business awards. Trading financial products may not be available in your country or are only available for professional traders. Please check with your regulator authority first before your sign up with a broker. Some brokers or trading platforms are not regulated and can not provide services in your country. Autochartist is a technical analysis trading tool that uses financial data to provide traders with valuable trading signals.

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There are also no guaranteed stops and no vanilla or binary options, meaning that as with all trading platforms you buy and sell with FXPro at your own risk. Starfish FX offers a variety of technical analysis and tools which of course will prove very helpful both for experienced as well as newbie traders alike. While newbie traders can learn the ins and outs of binary options trading, experienced traders can develop an insight to carry out successful trades with more confidence. Starfish FX provides Daily Market Reports and News to their clients to stay updated about the market developments. They also offer Autochartist that automatically generates signals for the benefit of the traders. For taking full advantage of the Forex market developments, they also offer Rollovers & Swap Rates to their traders.

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They have their main office in New Zealand, and they offer their services to their global clients. However, Starfish FX does not offer brokering services to the US traders. Starfish Markets Ltd has been founded by a group of seasoned finance professionals with over 20 years of experience in the fields of financial management. They created Starfish FX with an objective of leveraging the huge trading volume of the financial markets to the passionate investors who want to benefit from the trading of financial instruments. Starfish FX offers the most optimal trading platform to their clients for trading a number of assets including currencies. With their MT4 trading platform, traders can access to the foreign exchange market and can make profits from successful trading.