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Forex Robot World Cup – Know the Best Forex Robots
Automated trading has taken the forex community by storm in recent years. Every month you will find a new fx robot released on the market with high claims about its capabilities. You, as a trader, cannot tell if a forex robot is the real deal or if it is just another piece of junk hitting the market.
All that is about to change with the world’s first Forex Robot World Championship. This World Championship of Forex Robots was created with the intention of finding the best non-profit forex trading robot in the world. First, what does the word non-profit mean here. This means that any forex robot that is not sold or sold anywhere is eligible to participate in this contest.
The first prize is 100 thousand dollars. Second prize is $30,000, third prize is $20,000. So, you can see for yourself that this competition is really serious. 329 robots or as you call expert consultants were registered to participate in the competition, of which only 24 eventually qualified. Live trading began on December 1. You can follow the results on the official website.
You probably think it has something to do with you. You can see that automated trading is now a well-known method of trading. Many traders have automated their mechanical trading systems. Advances in programming languages make it possible to automate a mechanical trading system. With automation comes ease of trading. You don’t need to sit in front of a computer and stare at it for hours to generate a trading signal. An automated trading system can trade without human intervention. You need a proven automated trading system that you can rely on. This forex robot competition will go a long way in setting the standard for how to test the performance of automated trading systems in the long run!
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