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Foreign exchange market allows the trading of different currencies to earn money. One of the latest trends here is the emergence of the use of automatic forex trading. It is the ability to conduct trades in forex market with the help of automated software which is also known as a robot.How are these robots acquired?1.) Ready-to-use software.There are two types of ready-to-use forex trading program; these are the software that are installed on the desktop and the one that is web-based. Both can make trades automatically. Their difference is just a matter of choosing where you want this software to reside, whether in your own computer or in some host server.2.) Creation of own trading program.Other development applications are made to facilitate the creation of these trading-robots. What they do is that they provide a development environment wherein users who have programming skills can code their forex principles and strategies. This will allow them to use different parameters and then conduct some test to validate if it's working optimally.Who can use this robot?Most of its users are the novice forex traders. It is because this trading software can do tasks required in forex...more
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