Auto trading capabilities on Forex.

On the forex market, you can trade manually or choose one of the automated trading options. The latter significantly increases a novice trader's chances of making money.

Since automated trading programs are usually developed by professional traders, you can also use the Forex copy system, which allows you to replicate the trades of other traders.

Currently, dealing centers offer the following automated trading options: expert advisors, specialized trading terminals, and various signal services.

Each of these has its own advantages and disadvantages.

• Advisors, also known as experts , are considered by most traders with mixed feelings, as they are not guaranteed to react to changing market conditions. Using advisors often results in losing your entire deposit.

• ForexCopy can also be considered automated trading, although trades are not always opened automatically. When using ForexCopy, you select a professional trader's account from which to copy and configure other important parameters. Unlike advisors, this is a more secure option.

• Signals are considered automated trading, as they do not require automated analysis, but open the trade manually. The trader receives a message about a favorable time to enter the market and places a new order.

Automated trading allows you to earn even without fundamental or technical analysis. However, you should not rely entirely on the opinions of others; it is advisable to analyze the information received before entering the market.