The most expensive advisor for forex trading

Automatic trading on the stock exchange has been very popular not only among novice traders, but also among professionals for many years.

Many Hedge Funds use advisors in their activities, trusting robots to manage multimillion-dollar sums.

Such popularity has led to the emergence of thousands of similar scripts, which confuses a novice trader who wants to get into algorithmic trading.

Usually, beginners start working with free advisors, but after losing their deposit they wonder: Perhaps it’s a matter of price.

I also became interested in what the most expensive robots available on the Market are and how justified their prices are.

RECOMMENDED BROKER
the best choice at the moment

Finding out the situation now is quite simple, just launch metatrader 4 and open the “Market” tab, then set the filter “Descending price”:

As a result, we see that the most expensive robots for stock trading cost no more than $30,000 on the Market; most likely, the maximum price is limited to this amount.

Is it worth buying an advisor for that kind of money?

After all, if we think logically, the most expensive robot should be the best. Is it really? Buying an advisor for $30,000 is definitely not worth it, and there are several reasons for this.

Firstly, there is the opportunity to download a demo version of the robot and see what it is like, and secondly, there is the possibility of renting, and some of the most expensive advisors can be rented for a month for only 20 dollars.

In addition, the effectiveness of such robots is quite questionable; one gets the impression that their developers want to amaze the user more with the price than with the results of the script.

Besides, almost no one buys them. The maximum price attracts attention to an unremarkable script and serves as a kind of advertising to attract at least some buyers, and most likely tenants for the same $20 a month.

I would recommend that when choosing, you should focus not on price, but on popularity, since in this case you get a lot more for a lower price. The most popular advisors usually have good support and a lot of customer reviews:

Every setting parameter and every nuance of work is discussed on the forum, and your questions will not go unnoticed.

The price of robots that deserve attention ranges from $30 to $1,000, and expensive options also have the option of renting for a short period to test their effectiveness and a demo version.

Forex advisors on the website - https://time-forex.com/sovetniki

Joomla templates by a4joomla