For instance, some traders will want a program that generates reports, or imposes stops, trailing stops and other specific market orders. Real-time monitoring is also a "must-have" item in any automated system. Other traders, especially beginners and the less experienced, may want a simpler "plug and play" type of program with a set-and-forget feature.
Satoshi is our group leader. He’s an old and wise Japanese trading robot that trades centuries old Japanese Candlestick patterns. He’s been predicting the market turns for years, and there’s no sign that he’ll stop anytime soon. Satoshi deals mainly with the Daily and Weekly charts, splitting his trade orders into 2 parts to attain maximum income from the markets.
Major Currency — currencies from the world’s most developed economies including Europe, Japan, Canada, and Australia — represent the most heavily traded and liquid currency markets for any forex trader. A major currency pair is created when one of these currencies is traded against the U.S. dollar. Examples include Euro vs. the U.S. Dollar (EUR/USD) and the U.S. Dollar vs. the Canadian Dollar (USD/CAD). Their availability on a forex brokerage is essential.
2. Hire a programmer to code your strategy – Whilst there are plenty of skilled programmers out there that you can hire to programme your automated day trading strategies, they do come with drawbacks. Firstly, it will be expensive. Secondly, you’ll need a serious trial and error process to determine whether your strategy will yield consistent profit. 

I trade spot forex through forex.com.  I have some losses and I would like to to know how do I file these losses on turbo tax.    I printed out my trading transaction history for during 2014, and on the transaction, it reported a loss for the year.    I spoke to a cpa through turbo tax and he said that they wouldn't question if I filed my gains or losses through Box B(short term), under Scheduled D.  


It doesn’t matter what level of ability you have in Forex trading. Whether you are an experienced, veteran or beginner trader, Forex trading automated software can help you. There are constantly potential dangers when trading in any market — and it’s the same with software. There are a ton of scams on the internet. Fraudulent software can be avoided by conducting due tirelessness on any organization.
No more hassles with choosing brokers, optimal settings, wrong configurations and high spreads. We found out that most effective and most profitable way for our premium members is to trade on the FapTurbo™ 3 optimized feed from Myfxchoice. That is how you can maximize your results. Myfxchoice takes a small commission from your winning trades for providing you the service. So it's a WIN+WIN situation!
I don't normally feel inclined to offer thanks for a Forex product and I realize that at this time you must be very busy. However I must congratulate you on a wonderful achievement. Me and my colleague have designed half a dozen EA's of our own so I can fully understand the difficulties on getting it working correctly never mind profitably. It's still early days yet of course but the EA seems to hold it's own in all conditions and to say that I have been impressed with it is a massive understatement. I shouldn't say this really but i reckon you could have made the price $300 (or more) to start with. I was happy to buy it for $97 which is an absolute steal for me of course. I guess it's also unfortunate that most of the people buying this cash machine will never end up trading it live. Those that are willing to trust their gut however could be very wealthy in the years to come. If any of you guys ever visit the East Coast of Australia then I'd love to shake your hands and thank you for not keeping this wondefrul robot to yourselves. If it is true that what goes around comes around then I'm sure that you guys will achive everything you want to. Once again thanks for giving me a real shot at financial freedom.

When it comes to choosing an automated Forex broker it's important to test the algorithmic trading software offered by each company. While many claim to offer similar services, the actual execution of the algo trading differs from broker to broker. Likewise, the currency pairs available vary between different services, so it's important to check which algorithmic trading platforms offers the pairs that you're interested in.
Considering the fact that this is how Forex Autopilot Turbo operates, it demands continual up to the minute access to market stats 24 hours a day in the form of an Internet connection. It utilizes this so as that it can start and end its investments along with keeping on top of real-time marketplace behavior around the clock to act in response as the market changes.
If you are trading with a reputable broker, the chances that you are on MetaTrader 4 or MetaTrader 5 are pretty high. If you are on this platform and you are looking for an advanced charting solution - you should look no further. MetaTrader platforms are great because they are available with a great number of indicators attached to them, along with a lot of time frames for your analysis. What's more, customising your charts' look and adding your own indicators is simple to do. 

Hi, I'm Hugh Kimura and I'm the founder of Trading Heroes. My mission is to help you harness your unique strengths to become the best trader you can be. Over 90% of traders fail because they are trading a strategy that is built for someone else. Breaking out of the cycle of system hopping and long losing streaks begins with understanding your Trading Personality. Download this free PDF to learn more...


If you've made money trading foreign currencies, then the IRS wants to know about it. TurboTax and other tax-preparation software make it fairly easy to track and report your gains, and your trading platform should provide the backup documentation, if needed. Keep in mind the important choice you have to make, as a forex trader, to treat forex gains as miscellaneous or investment income.
The software you use to place trades and manage positions in the Forex market can mean the difference between long-term profitability and blowing up your account in a matter of 6 months or even less. In fact, multi-billion dollar hedge funds and professional investors allocate a great sum of money to acquire cutting-edge software and talented individuals who can design complex algorithms to better predict price movement, all of which are done in the hopes of getting even the slightest edge against the market. But for a regular Forex trader, these seemingly infinite resources in talent and capital may be out of reach. This guide aims to equip both beginners and professional FX traders in finding and implementing the right Forex trading software without breaking their bank account.
As a Forex trader, you will know how exhausting trading can be, especially if something goes wrong. There are traders who dream of a partner who is intelligent, not exposed to emotions, logical, always looking for profitable trades, and who can execute trades almost immediately. If you're looking for all of the above, the search might be over, as all of these qualities also describe the best automated trading software for Forex.
The main beauty of this platform is that it is vivid. There are thousands of traders and analysts that are publishing their forecasts and ideas, providing comments and assessing the content. You are not just provided with powerful charting and great analytics - you are also supplied with a chance to discuss a certain topic or a certain trading idea.
One of the best parts about Ally’s trading platform: the intuitiveness of its layout and functions. The smart and streamlined trading interface makes it quick and easy to watch trends and make trades. New investors should be able to get familiar with the lay of the land fairly quickly by navigating from the trading panel. The panel also includes shortcuts: Buy and sell with one click. As your preferences develop, you can customize the look and location to suit your trading style.
Currency trading software has proved itself very successful for the amateur and professional trader alike. Through the transaction from one currency to another, the process becomes easier and faster with Forex trading software. Traders can trade 6 times a day or once a day or once a week with Forex trading software. In short, currency trading software has turned out to be a blessing for the Forex industry.
Trade Interceptor: A very popular iOS and Android trading app that allows users to trade currency pairs, binary options and commodity futures through a choice of forex brokers. Traders can set alerts for price levels or news releases, and the app provides access to the daily economic news calendar and real-time market news. There is also a feature that allows traders to do simulated trading and back-test trading strategies using historical price data.
There are many platforms that specialise in Forex trades, but only few can really deliver. When comparing brokers and their respective trading platforms, one must take into consideration key factors that directly affect trading approach. Cost per trade is one critical factor that affects bottom-line. In Forex, the commission paid to the broker is usually based on the currency spread, or the difference in price of two currencies paired together. The value of the fee is also converted to a PIP value, which is the standard measure of movement in Forex, rather than a dollar value. Depending on position size, the spread fees will fluctuate.
As a forex trader, you have a choice of two very different tax treatments: Section 988 or Section 1256. With the latter, you report gains on Form 6781 and can split your gains: 60 percent at the long-term rate (15 percent as of 2013) and 40 percent at the short-term rate (your own marginal income tax rate) -- no matter how long you held your position. Under Section 988, you report gains and losses as interest income or loss, with any gain added to your ordinary income from other sources. You can opt out of Section 988 and select the Section 1256 treatment, but you must do so before you start currency trading.
The best way to look at automated forex trading systems is to use a simple acid test. If the very, very best hedge funds in the world can just about hit 30-40% in a year consistently during the good times then how realistic is a system pumping out 100% per month or whichever claim is being made which can be bought online for a few hundred bucks. Now factor in that hedge funds and other advanced trading institutions have teams of PhD level quants building strategies around the clock and trading with super fast direct market access, not pedestrian level MT4 retail connections and the like.

In addition, other market elements might trigger buy or sell alerts, such as moving average crossovers, chart configurations (like triple bottoms or tops, or other indicators of support or resistance levels). Additionally, automated software programs also enable traders to manage multiple accounts at the same time, a real plus not easily available to manual trades on a single PC.


I don't normally feel inclined to offer thanks for a Forex product and I realize that at this time you must be very busy. However I must congratulate you on a wonderful achievement. Me and my colleague have designed half a dozen EA's of our own so I can fully understand the difficulties on getting it working correctly never mind profitably. It's still early days yet of course but the EA seems to hold it's own in all conditions and to say that I have been impressed with it is a massive understatement. I shouldn't say this really but i reckon you could have made the price $300 (or more) to start with. I was happy to buy it for $97 which is an absolute steal for me of course. I guess it's also unfortunate that most of the people buying this cash machine will never end up trading it live. Those that are willing to trust their gut however could be very wealthy in the years to come. If any of you guys ever visit the East Coast of Australia then I'd love to shake your hands and thank you for not keeping this wondefrul robot to yourselves. If it is true that what goes around comes around then I'm sure that you guys will achive everything you want to. Once again thanks for giving me a real shot at financial freedom.
Aside from cost and sign-up bonuses, the technical elements offered by each software must be considered thoroughly. For instance, what technical indicators are built into the software? If you are a technical trader, meaning you use price-derived formulas to make actionable decisions, then having a modest set of technical indicators will play an important role in your ability to consistently follow trading rules over the long term. Most Forex trading software like MT4 and FXCM’s proprietary platform have built-in standard and custom indicators like Bollinger Bands, Moving Averages, and Stochastics. Advanced traders can even upload custom indicators they’ve made or sourced from the online community.
Forex is HIGH RISK: Trading involves substantial risk and there is always the potential for loss. All content on this website is for informational purposes only, it is not advice on any kind. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk threshold. You could lose more than your initial investment. You should be aware of all the risks associated with trading, and seek advice from an independent certified financial adviser if you have any doubts.
Regulation: Not all regulatory jurisdictions and licenses are created equal for international forex and CFD Brokers. Investors should know which country their broker is based in and which country’s laws apply to their account. To avoid fraud, it is critical to use a broker that is well-known and well-regulated. To quickly identify brokers you can trust, reference the Trust Score we provide on each broker’s review page.
Novice and even experienced traders might sometimes make a trade based on some psychological trigger that disobeys the logic of market conditions. With automated trading, different human lapses of judgement just do not happen. Furthermore, for currency speculators who do not make trades based on interest rates, but rather on particular currency spreads, auto Forex trading software can be effective. This is because price discrepancies are instantaneously apparent, the information is immediately read by the trading system and consequently a trade is executed.

Hidden agendas: some brokers provide free signals. You've got to ask yourself why would someone offer free signals if they are serious and profitable. The answer in most cases is that they have a hidden motive -- to push you to trade more. The equation is simple: the more signals they send you, the more trades you make, and the more commissions they earn. That's why their main interested is sending as many signals as possible, not as good and profitable signals as possible. These kinds of freebie signals have made a bad name for the world of signals, but luckily there are a few rare paid signals providers who do a good job.---- Best Forex Automated Trading Robot 2014 | Download Forex Trading Robot Software Free Risk

For the Best Forex Trading Platform category, Dukascopy Bank took the top podium spot this year for its highly innovative JForex 3 platform, which comes available for desktop, web, and mobile, and is compatible with Windows, Mac, and Linux operating systems. Charting in JForex 3 comes packed with 313 technical indicators and the platform supports automated trading strategies, helping it compete with popular third-party software, such as the MetaTrader4 (MT4) platform and cTrader platform.
Rounding out the top five were FXCM, ADS Securities, and XTB. FXCM’s support had the longest average wait time of our top seven; however, reps were always professional and never had trouble answering our questions. XTB also consistently delivered on its around-the-clock service, and ADS Securities provided tailored support for us as a dedicated customer service representative is assigned to each customer for calls made during regular market hours.
imply, because there are so many people that life treated unfairly, and I felt that this simple way of earnings, must be shared all over the world. Please understand, helping others doesn't make me earn any more or any less , it only makes me feel good knowing others can have a good life, going with their families on vacation, spending more time at home with their kids, and buying whatever they want.
Many forex brokers offer some form of charting software to their traders using their services. Some online sites also provide a variety of charts, either for free or under a subscription service. Choosing the best software generally depends on a trader’s needs and experience. Considerations include the type of technical analysis they wish to undertake, the volume or duration of their trades, and the kind of device they want to to use to view the charts.
The best way to look at automated forex trading systems is to use a simple acid test. If the very, very best hedge funds in the world can just about hit 30-40% in a year consistently during the good times then how realistic is a system pumping out 100% per month or whichever claim is being made which can be bought online for a few hundred bucks. Now factor in that hedge funds and other advanced trading institutions have teams of PhD level quants building strategies around the clock and trading with super fast direct market access, not pedestrian level MT4 retail connections and the like.
× ForexBrokers.com helps investors like you across the globe by spending hundreds of hours each year testing and researching forex brokers. You support us through our independently chosen links, which may earn us a commission. This does not impact our completely unbiased research, which is respected by broker executives as among the most thorough on the web. Thank you for your support.
FX, forex, foreign-exchange market, currency trading – whatever you choose to call it, this high-potential market is unique in more ways than one. Not only is it extremely liquid, it operates around the clock, across the world and trades in volumes larger than all other markets combined. The forex market is a competitive, open market, as nothing but capital is required to enter. Its flexibility, coupled with the success of countless traders with different levels of expertise, proves that there is more than one way to eat an elephant.
Hypothetical performance results have many inherent limitations, some of which are described here. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

For veteran traders: it's a real opportunity to hone your skills, and provide an additional source of profitable trades to diversify your "portfolio" of strategies. It is also an opportunity to join a community of like minded traders who communicate (through chat and live trading rooms) during the trading day, and help each other achieve better results.
FXCM (Forex Capital Markets) was founded in 1999 in the U.S.A. and was an early pioneer of internet-based trading. FXCM was listed among the fastest growing companies by Inc. 500 List of America’s Fastest Growing Companies three years in a row. The FXCM Group has headquarters in New York, with offices around the globe in places such as the U.K., France, Italy, and Australia. It is regulated and licensed in each of them. FXCM is also a publicly traded company on the Nasdaq Exchange, the major U.S. exchange listing the equity of large technology-based companies.
Worthy of strong consideration are StockCharts.com, who also come with a solid recommendation.  Worth commending are the sharp charts, which are visually very impressive, and its array of exotic indicators may excite the more advanced investor.  One thing to mention this service offers excellent Point and Figure Charts, which to my knowledge no other free service offers.

I am beginner in the forex. I have already tried 6 EAs but the Fapturbo forec EA far the best. I purchased it on 23 Dec and there is 149 USD on my demo account at IamFX broker as support offered. I choosed 100 000 USD deposit 1:200 leverage and 1.0 lot size. there was 5 trades and every trades was successfull. I hope it will as good on the real account as the demo account. Thanks Sandor
Disclaimer: In the interest of full disclosure we can not say that these results are representative of all users. We simply share the results we personally achieved on our accounts during our forex trading. Our results are not indicative of future performance or success. We are not implying that these results can be generally expected or achieved by anyone. There is a substantial risk of loss associated with trading Forex. Past performances do not necessarily indicate future results!
The downside is that successful automated forex trading systems can be difficult to develop. While backtesting may show positive results, past performance is never a guarantee of future results and many trading systems are over optimized – or curve fit – for past results. Traders should exercise caution when buying “off the shelf” automated forex trading systems since they may be curve fit to the past and offer no or limited benefits for the future.
I'm writing to let you know that so far I'm very astounded by your EA. I have traded the market since 2003 (6 years) manually and also with robots... I have purchased every course, every EA, every software program... and spent thousands.... I don't care that I've spent thousands because the Forex market is worth it..... I bought your EA the other day and put it to work..... Over 900+ pips in two days.... 900 PIPS IN TWO DAYS!!! Once again 900 PIPS in 2 days.

NinjaTrader Group, LLC Affiliates: NinjaTrader, LLC is a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform. NinjaTrader Brokerage™ is an NFA registered introducing broker (NFA #0339976) providing brokerage services to traders of futures and foreign exchange products.
BetterTrader.co is a cheap program that allows for multiple charts in view, back-tested statistical analysis and AI driven trade ideas. Besides that, BetterTrader.co provides a live events calendar that notifies the trader when an economic event ,that will affect currencies on their watch-list, is prepared to be released. BetterTrader.co also created the market sense and market wake-up functions. These alert the trader when a currency or future in their watch-list shifts in price or volatility dramatically.
More sophisticated charting software generally offers some support for traders using Elliot Wave Theory to analyze exchange rate movements that would include calculating Fibonacci retracement and projection levels. Additional advanced forex charting software features might include: more advanced line-drawing options that include channels and Gann lines, computing and displaying Pivot Points, as well as providing a wider range of increasingly-complex technical indicators.
One of the most positive aspects of Forex auto trading software is that the marketing incentives to buy specific packages might provide extra tools for trading. Nevertheless, those programs are far from infallible – and the trader should be aware that the use of automated software does not 100% guarantee an infinite amount of successful trades. Let's look at how this type of software actually works.
The following is a comprehensive list of automated Forex trading brokers. You can rest assured that the automated Forex trading reviews listed below were conducted with the utmost level of professionalism and objectivity. We highly recommended that you read these reviews, open a demo account with several different automated Forex traders, and only then open a real account with the automated trading service that best suits your needs.
It cannot be stressed enough that forex trading is both complex and risky. Before starting to trade in this market visit the Australian Securities and Investments Commission (ASIC) website (www.moneysmart.gov.au/investing/complex-investments/foreign-exchange-trading) for more details on how it works, the risks a trader faces and the potential to lose large sums of money, particularly if a person doesn’t know what they are doing.
In third place is Dukascopy Bank which also held its position year-over-year. No broker puts out more content than Dukascopy thanks to its in-house, out-sourced, and community-sourced research and news content. The Swiss bank and brokerage incorporates an extensive amount of research-related content within its website and trading platforms, along with a fully staffed professional TV studio that powers Dukascopy TV. To round out its offering, Dukascopy provides many social elements within its community to engage traders with important market content and related analysis tools, as well as even competition incentives (beyond the typical deposit bonus).
Arguably, the main platform used for automated trading is MetaTrader 4 (MT4). This system can help you trade; it can also automate trading for you, and many traders place MT4 software on things called ‘virtual private servers’ that enable them to automatically trade 24 hours a day, seven days a week. You can even download and install programs and scripts called ‘Expert Advisors’ (EAs) that plug into MT4 and help automate your trading even further.
do NOT make any veiled threats about having to escalate this issue to our superiors; they will tell you EXACTLY the same thing that we informed you! Since April, you have made SEVERAL requests for change in your live account# and that is something we will NOT encourage any further, is that clear?! Our response to you remains the same: you will have to purchase a new license, there will be NO compromise on this matter!
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