Brokers for US stock trading can help you to take advantage of opportunities during a recession. Some investors get excited about a recession because they can buy stocks for at least 20% or 30% of what their market price was just a few months before.
We’re not financial advisors. We don’t know if the price will reverse upwards or if prices will decrease even more. However, we do know that traders and investors should always choose regulated brokers that offer decent platforms.
Whether you want to trade US stocks daily or invest in them for the long term, you should look for a reputable platform to use. So, in today’s post, we’ll share details about the best brokers for US stock trading.
We personally use the brokers that we’ll discuss. However, you should do your due diligence before you open an account at any of these brokers.
Always decide for yourself whether a broker fits your needs. In this post, we’ll also share a strategy that we use for trading and investing in US stocks.
These Brokers for US Stock Trading Allow Manual and Algorithmic Trading
The brokers for US stock trading that we’ll discuss here allow traders to use manual or algorithmic trading. So, if you like to use Expert Advisors, you can do that.
You’ll also need to look for brokers that offer:
Good conditions
Low spreads
Low commissions
Low Swaps
If you visit our Brokers’ page at EAtradingacademy.com, you’ll find all of the brokers that we currently use. Darwin X is one of the brokers that we use, although we won’t discuss it in this post.
We keep the Brokers’ page up to date. We’ve also been very transparent in our reviews. You’ll see that each broker has pros and cons.
So, you’ll always need to assess each broker carefully and choose one that fits your needs. Regulation is critical.
CFD Brokers
These brokers for US stock trading do not offer real stock trading. So, you can speculate on price movements in any direction. So, you can go long or short with CFD trading. For example, if you wish you can trade indexes such as Dow Jones and the S&P 500.
Profit from the difference in prices
Some traders like to trade the Dow because American markets are volatile. They use CFDs to do that without purchasing the stocks in the index.
What Is CFD Trading?
CFD trading is contract for difference trading. You profit from the difference in prices between when the trade opens and when it closes. So, for example, if the price goes up as you anticipated, you can close your position at the higher price and make a profit.
Popular Stocks at Best Brokers for US Stock Trading
Many traders look for brokers that make it easy for them to trade popular stocks like Apple. If you’re trading Apple, Amazon, or Google on a daily time frame, each candlestick would represent one day.
Using Trend Lines with the different platforms
If you’re using trend lines to find the direction of the trend, when the price breaks the trend line you would buy. To draw a precise trend line:
Use a straight line to connect two lows during an uptrend
Use a straight line to connect two highs during a downtrend
Make your trend line valid by making sure that it connects at least three highs or three lows
Please read this post at EAtradingacademy.com to learn more about trends and trend lines.
Double Bottoms and Retracements
We can also trade by using double bottoms. However, traders should look for confirmation. So, look for the price to break through the midpoint (middle point). The price must break through the midpoint of the double bottom.
Some traders like to use retracements in their trading and investing at brokers for US stock trading. Some like to buy stocks such as Apple whenever the price drops.
Trading212 App for Investments
We like to use the Trading212 mobile app for long-term investments. You can easily invest in real stocks by using the app.
For example, with Apple, you might be at a bit of a loss in the short term but hope to make a profit in the long term. The app is really easy to use because it shows you information like dividends.
You can get dividends from Apple. Some traders like Apple because they use a dividend strategy with their investments.
You can also use the app to find other investment options. These include Google, Amazon, PayPal, and Tesla. You can also find indexes like the S&P 500.
Trading212 app
You can use the app to filter assets by top winners, top losers, and the most popular ones. However, apps like Trading212 don’t let you use leverage. So, if you want to buy a single Google stock, you have to pay the actual $98.
However with CFD trading, you can use leverage of 1:100 or 1:500. So, you can open positions 500 times bigger than the amount you have in your account. That’s risky. However, you can profit more quickly. When you trade real stocks you can’t use leverage.
You can get a free stick valued up to $100 from the Trading212 App if you use Promo Code PETKOA
Brokers for European and Indian Traders
European traders can use Trading212. However, American traders sometimes prefer RobinHood. If you want to compare a few brokers with respect to their transparency, speed of execution, and withdrawal process, you can check out TD Ameritrade and Interactive Brokers.
At EAtradingacademy.com, many of our subscribers use Forex.com and IG.
CFD brokers
If you’re in India, you can compare Zerogha, Angel Broking, and Up Stocks. Wherever you are in the world, make sure that you use regulated brokers.
Remember what happened with FTX. We never know which broker, platform, exchange, or app will go bankrupt. Sometimes we won’t be able to withdraw any funds if that happens.
Diversify Your Assets at Best Brokers for US Stock Trading
Don’t invest all of your capital into one risky asset, such as crypto or even a single stock. Something can always happen on the market that will crash the market. Same thing with the brokers – make sure to put your money into a few baskets (brokers, apps and platform)
Final Thoughts
You should always be careful with even if you use the Best Brokers for US Stock Trading. Make sure they offer mobile access and make it easy to diversify your investments.
We personally don’t invest more than 10% of our capital into US stock trading. However, that’s not financial advice. That’s just how we do things.
Traders are always looking for the best Dow Jones trading strategy. The best strategy that we’ve been trading at EA Trading Academy uses the M1 (one-minute) time frame.
For the beginners, traders can choose from several time frames on MetaTrader. With M1, each candlestick refers to one minute.
By using the M1 time frame with this strategy, we can enter and exit trades relatively quickly. We’ll share our Dow Jones trading strategy with you in this blog post. We’ve been improving the strategy for quite a long time.
Previously, we had just one exit condition for the strategy. However, we’ve improved that a lot since then. Right now, this is our best Dow Jones trading strategy.
The Dow Jones Is Volatile
It’s hard to find a decent strategy. That’s because the Dow Jones is very volatile.
Since the Dow Jones is volatile, sometimes it’s hard to decide whether we’re in an uptrend or still in a downtrend. Most of the time, when traders look at daily charts, they’ll see the price fluctuate a lot. That makes it hard to trade.
Trading With 10 Lots is what we use (not a piece of advice)
We traded with 10 lots on this Dow Jones trading strategy. That helped us to make a profit of $200 per day. However, that’s because we traded with so many lots.
We traded with 10 lots on this strategy.
If we reduce it to one lot, we’ll profit $20 per day.
Although our profit would be lower, we would get the same performance from the strategy. If you decide to use the strategy, you should stick to your preferred risk management rules. So, even if you trade with 0.1 lot, you’ll still get a profit of about $2 per day.
Starting Capital for Our Best Dow Jones Trading Strategy
Our starting capital for trades with our best Dow Jones trading strategy was $10,000. Our leverage was 1:100. If we trade smaller accounts, we have to reduce the lots.
Sometimes we take a huge risk with our trades. For example, we might use nearly all of the money in our account to open just one trade. However, we’ll only do that with a strategy we’ve tested for a long time.
We also look for the count of the trades, which shows how many times we executed the strategy.
We made a profit of over $200/Day
This makes our backtests more reliable. In those instances, our trades brought us over 50% profit. In all, we made a profit of over $5,000.
That’s not something that we often do
. We maximize rare opportunities.
Check Trades With the ADX Indicator
Remember, our best Dow Jones trading strategy works on the M1 time frame. We also use the ADX indicator.
When the ADX crosses the level line, that’s our signal to enter. We use a period of 11 and level of 15.
ADX crosses level line upwards
Our rule to remember is that when the ADX crosses the level line up once and matches the Stochastic signal —where the Stochastic line is higher than the signal line — we can enter.
When all of these things confirm entry, we can enter the trade. Those conditions would apply for a long trade. So if we’re going short, we will look for the opposite.
Partially or Fully Automated Trading
Many algo traders choose to let the robot do everything. It helps them to save time and release stress. However, sometimes you might want to take profits manually. That’s helpful if you think your Take Profit won’t be reached.
If you’re an algo trader, it’s a good idea to choose safe rules and stick to them. That’s how you’ll benefit from the best Dow Jones trading strategy. It’s not a good idea to always manually interfere in your trades.
If you do that, eventually, your emotions will get involved and will start to affect your trades. So, if you set a rule for your Stop Loss, stick to it.
Exit Condition for the Best Dow Jones Trading Strategy
With every strategy, we must have an exit condition. With our best Dow Jones trading strategy, we’ll use the standard deviation to find our exit point.
So, we look for the point at which the standard deviation crosses the level line. We set a period of 25 and level 218.
We should also see the RSI cross the level line upward at 43.29. With this strategy, most of the time either the Stop Loss or Take Profit is hit.
Look for the point at which standard deviation crosses the level line.
Choosing Your Lot Size
Traders should always choose their lot size carefully. Look back at your Journal to get historical data on your trades.
Your Journal information will help you to decide how much capital you’re willing to risk. Remember, some trades will be losing trades.
If you’re trading with one lot you might lose $33 on a trade. For you, that might be too much money to lose on just one trade.
A losing trade will cost you over $300.
If you decrease the size of your lot to 0.1 lot, you would only lose $3.30. So, always decide how much you’re ready to lose. Remember, you might lose a few times consecutively before you make a profit.
However, if you have a good strategy, you’ll recover from those losses with your winning trades. Our best Dow Jones trading strategy hits the Take Profit more often than others. In other words, if you’re using this strategy, you won’t meet the exit conditions very often.
Final Thoughts – The Best Dow Jones Trading Strategy
This strategy is useful, but you must apply your risk management rules. You can download this robot, attach it to your chart and test it for yourself.
Traders who want to use a XAUUSD scalping strategy will benefit from today’s post. You’ll learn about a strategy that works with the M5 chart. You’ll also learn about the indicators behind this gold trading robot.
Traders will understand the strategy used at EA Trading Academy and how it works. They’ll also learn why the robot enters and exits the market at specific points.
You won’t have to do any manual gold trading with this robot. The robot will buy and sell on its own.
Always Test the Robot Yourself
By the end of this article, you’ll know which indicators are used in the XAUUSD scalping strategy. So, you’ll feel more confident about using it.
However, it would be best if you always tried the robot on a demo account first. Don’t risk your capital without testing the strategy for yourself and making your own decisions.
Everything that we say in this article is not financial advice. This post is only for educational purposes.
XAUUSD Scalping Strategy Entry and Exit Rules
This XAUUSD scalping strategy uses the ADX indicator for its entry rule. This indicator is very popular. So, you can find it easily on the MetaTrader platform. You can go to Insert, Indicators to select it.
The ADX indicator is also known as the average directional movement index. This trend indicator works best with a specific period for this XAUUSD scalping strategy.
XAUUSD Scalping Strategy – Settings for the ADX Indicator
For this strategy, you can stick to a period of 9. The indicator will be displayed below the chart, and you’ll see that there are three lines. The main line is the blue line, which is the ADX line.
However, we also have two more lines. They’re called directional indicators (DIs). These are the positive DI and negative DI. The ADX indicator is in the middle of these lines and tells us when there is a trend.
So if we’re in an uptrend, you’ll see that the ADX rises. Similarly, if we’re in a downtrend, the ADX will still rise.
This happens because the ADX always rises whenever there’s a trend. However, it won’t tell us the direction of the trend. That’s why we need to use the other two lines that are displayed below the chart.
These are the negative DI and the positive DI. So, we’ll buy whenever the positive DI crosses the negative DI upwards.
We’ll buy whenever the DI positive crosses the DI negative upwards.
The opposite is also true. So, we should sell if a positive ADX crosses a negative downward.
XAUUSD Scalping Strategy – Settings for the %R Indicator
After we open a trade, we’ll consider another indicator that’s called the Williams Percent Range (%R). This ranges between 0 and -100. It tells traders whether a stock is overbought or oversold.
With this XAUUSD scalping strategy, we should also consider a Stop Loss and a Take Profit. The %R is an oscillator. So, in MetaTrader, you’ll go to Insert Indicators and Oscillators and select the Williams Percent Range.
For this strategy, you’ll use a period of 50. The %R has levels of negative 20 and negative 80 by default. For this strategy, you should ensure that you change it to negative 70 and negative 30. In other words, they should always sum to negative 100.
When you select the indicator, set your parameters and click “okay”. You’ll see the indicator below the chart.
Use %R as the Exit Signal
We’ll use the %R as our exit signal. So, when the %R crosses the level line upwards, we should exit the trade. Again, when the %R crosses negative 70 upwards, we should exit the trade.
This is a very active strategy on MT4, so you’ll find lots of examples with it. For example, we will have a sell signal if a negative DI crosses a positive DI upwards. We should sell at the opening of the next bar.
We can always use the %R to find the exit point. So, we always look for the point at which the %R crosses the negative 30 line downwards.
You can identify sell signals below. The %R went above negative 30 and then when it crosses downwards, we should close the trade on the opening of the next bar.
We entered that trade at $1821.90 and exited at $1820.30, so the profit was about $1.50. If we traded a 0.1 lot, our profit would be $15. If we traded a complete lot that profit would be $150 with this XAUUSD scalping strategy.
Be Cautious With Leverage
You should always use leverage carefully. Remember, leverage is how much you’re borrowing from your broker.
Although leverage helps you to open more significant positions than you would if you only used what you have in your account, using a lot of leverage is risky. You could blow all of the funds in your account.
It’s best to use 1:30 or even a maximum of 1:50. Traders who exceed that will put their funds at risk.
The XAUUSD scalping strategy has a Stop Loss and Take Profit. So, when you enter a short trade and sell, you have to put a Stop Loss $30 above your entry point and a Take Profit of $25 below the entry. You can enter these values by going to Expert Advisors Properties.
Final Thoughts – XAUUSD Scalping Strategy
This XAUUSD scalping strategy is relatively simple. It uses one indicator to enter. It uses another indicator to exit. We also have a Stop Loss and Take Profit.
We used EA Studio to find the best parameters for the indicators. Over the last four months, we’ve made about $520 by using this strategy. We used EA Studio to analyze our strategies and create new robots.
With EA Studio, we can easily find the effect of changing the value of a parameter. You can also export a strategy as a robot with just one click.
You can test this XAUUSD scalping strategy for yourself. So, you can install MetaTrader, put the robot on it and backtest it. Since the ADX and %R are popular indicators, you can use it on almost any platform.
However, always use it on a demo account until you’re comfortable with the strategy and satisfied with the results. If this is not the right strategy for you, check out another one that we’ve shared recently for the US dollar and Japanese yen. Please check out our videos on YouTube to learn more about our trading strategies.
Thanks for reading this article on our XAUUSD scalping strategy. We hope it was helpful. If you have any questions or ideas, please share them in the comments below. Until next time, take care!
Many traders want to use a Moving Average Crossover Robot to save time. In EA Trading Academy’s recent videos, we exposed a few YouTubers who are teaching moving average strategies that can lead to a high number of losses.
We’ve created dozens of strategies with Moving Average Indicators. In all, we’ve actually created 97 MA Crossover robots that use the moving average crossover indicator.
We’ve also made our best moving average crossover robot available to you, so you can download it at the end of the page. In this post, we’ll share why that moving average crossover robot performs very well
Benefits of a Moving Average Crossover Robot
A moving average crossover robot will automatically open Buy positions when the Fast moving average crosses the Slow moving average. The robot can also open sell positions automatically.
A moving average crossover robot is very useful for traders who like to use MetaTrader 4. Like every strategy, this Moving Average Crossover strategy has Pros and Cons.
There are drawdowns. You can also lose or profit from some trades especially when the market moves sideways. However, at the end of the day, you’ll get more profits than losses with your trades. To be precise, this strategy has a bigger profit factor than one.
How to calculate the profit factor
Remember, profit factor is determined by all the profits divided by all the losses. When we check our statistics for the moving average crossover, we’ll see that our profit factor is 1.45.
We also use the following with this moving average crossover robot:
Stochastic signal
DeMarker
Stop Loss
Take Profit
These all help to protect your capital when you’re using the strategy.
How This Moving Average Crossover Robot Works
This strategy uses two moving averages. So, traders will look for the points where the moving averages cross over each other.
The two moving averages (MAs) have different speeds. So, traders can think of them as the fast MA and the slow MA.
So, the strategy works with fast MA 12 and slow MA 26. We’ll look for points where the fast MA crosses the slow MA upwards.
The fast MA reacts more quickly to price changes.
The fast MA reacts more quickly to price changes. On the chart, the fast MA is the red one. The slow MA is the blue one. So, the blue one reacts more slowly to price changes.
Whenever the fast, red MA crosses the blue, slow one upwards, we should buy. When we have the opposite, we should sell.
However, this strategy uses two more indicators. We’ll use those indicators to confirm our entries.
Whenever the fast, red MA crosses the blue, slow one upwards, we should buy.
Confirm Entry Points With the Moving Average Crossover Robot
The first indicator that we use along with our MAs is the DeMarker (DeM). It must be lower than the level line of 30 level of 45.
For example, in the image below, we look for the DeM to be lower than the level line. It’s lower. In fact, it’s just in the middle.
The other confirmation that we look for comes from the Stochastic signal. So, the Stochastic line must be higher than the signal line k. 14 d. So, if we want to buy, we must look for:
The fast moving average crossing the slow moving average upwards
The DeMarker below the level line
The Stochastic is higher than the signal line
When we see all of these signals, we can open the trade with our moving average crossover robot, taking a long position. We also have to use a Stop Loss and Take Profit to protect our capital.
If the DeMarker is It must be lower than the level line of 30 level of 45, we can open the trade.
As a reminder for beginners, we’ll place our Stop Loss below our entry price for our long trades. When we’re going long, we expect the price to rise. So, our Take Profit will be higher than our entry price.
If the Stop Loss and Take Profit are not met, we should close the trade whenever the momentum is higher than the level line, momentum period of 49 and level 100.69.
So, always remember, to exit a long trade look for the momentum going above the line of 100.69. We only need to use this exit rule if the Take Profit isn’t reached.
Example of a Profitable Trade
In the example below, we did a short trade with our moving average crossover robot. This was a profitable trade. We reached the Take Profit. You can see that the fast MA went below the slow MA. The DeMarker was above the line. That’s the opposite of what we look for with long trades. The stochastic was below the signal line. Momentum also showed that we should exit.
This short trade was a profitable trade.
Moving Average Crossover Robot – Example of a Losing Trade
Every strategy has losing trades. So let’s look at our losing trade with this strategy. This was a short trade. We had all of the confirmations. However, we had to reverse.
That’s because we got the opposite signals. Always remember, if you see a signal that you’re wrong when you’re entering a trade, exit immediately. It just means that the market turned.
The market turned with this losing trade.
If you’re wrong and you don’t accept it, you’ll lose money. So, if you open a long trade and realize that you’re wrong, close it. You can open a short trade instead. You can do this with Bitcoin trading, cryptocurrencies, and other assets.
Many people lost money in the crypto market because even when they saw the market crashing, they didn’t sell any of their coins. The crypto market might rise again but not in 2022. That’s because we’re in a stage of increasing interest rates.
Try This Strategy for Yourself
You can get this moving average crossover robot from us and try it yourself on a Trusted Broker.
Put it on the chart on MetaTrader and see how it goes. You can put the indicators on it and test it. The strategy has many indicators to follow. However, if you only follow the moving average indicator you lose money.
That’s because moving averages follow the market. The market doesn’t follow moving averages. So, you have to combine moving averages with other indicators, your Stop Loss, and Take Profit.
You’ll also need to backtest the strategy. However, we’ve already done all of these things at EA Trading Academy. You can save time with this strategy but do your own due diligence with it.
We hope that you liked this post. Please visit us on our YouTube channel and subscribe to learn more about our other trading robots.
If you have any ideas or thoughts that you’d like to share on this post, please do so in the comments below. Have a wonderful day!
Many traders who like to trade commodities want to learn how to trade oil on MetaTrader 4. You can trade this commodity directly from MT4, going long or short. It’s way easier than you think.
Oil is an essential commodity. It’s usually expensive because it’s often in demand. However, like any other asset, oil price can be influenced by external factors. This post will teach you how to trade oil on MetaTrader 4.
Learn How To Profit from Oil Price Fluctuations
In 2020, the COVID pandemic limited transportation, and the world didn’t have a high demand for oil. Goods couldn’t be quickly shipped worldwide, airline transportation was extremely limited, and many people were asked to work from home instead of driving or taking the bus to work. As such, the price of oil dropped below zero.
Nobody was expecting the price of oil to drop like that. However, these fluctuations helped traders to make money. You could profit too, by learning how to trade oil on MetaTrader 4 and being cautious with your trades.
Although traders don’t notice extreme fluctuations in the price of oil every day, the price changes enough for them to benefit from going short or long on oil. If you’re interested in trading oil on MetaTrader 4, we’ll provide you with a simple strategy in this blog post.
We will also give you a FREE robot, so you can trade oil automatically right from your own account. This will help you to save time, and you won’t have to be in front of a chart constantly.
How To Trade Oil on MetaTrader 4 – Do Your Due Diligence
We’ve done the hard work to test this robot. We’ve tested it on live accounts after testing it virtually. As we’ve always done with our Expert Advisors for Forex, gold, and Bitcoin, we only provide you with robots that we’ve tested ourselves.
You should always do your own due diligence when you’re using any type of robot for trading. Always test the robots in a virtual environment first. It’s easy to test our robot on MetaTrader and learn how it performs for yourself.
At the end of the day, it’s up to you whether you’ll use this robot. You can choose to use it, and you’ll be responsible for the outcomes that you get.
Good Brokers Are Essential when You’re Trading Oil on MT4
You’ll be more disciplined when you know how to trade oil on MetaTrader 4. MetaTrader 4 is one of the most popular platforms for algorithmic trading. We’ve developed a good strategy for trading oil on MT4; you’ll learn about it in this post.
The first thing you always have to do is choose a good broker. Your broker should give you complete access to the oil market Always be careful when choosing a broker because just like in any other business, you’ll find a few scams.
We’ve tested these brokers personally and we’ve written detailed reviews about them.
You can check our brokers’ page at EA Trading Academy. This can help you to select a broker. We’ve tested these brokers personally and we’ve written detailed reviews about them. So, you can learn about the pros and cons of each one.
You can choose brokers according to your location. Always learn about the regulator and ensure that the broker is regulated in your area. You should also check their spread and their commission.
How To Download and Install MetaTrader
After you select your broker, you can download the MetaTrader platform. Your broker should have this download link on their website.
Some might send the link to you via email when you register for a demo or a live account. We suggest that you start with a demo account. This is a virtual account, so you won’t lose any cash.
How To Trade Oil on MetaTrader – Spot Trading
You can use your demo account to find oil in the Market Watch. You can spot trade oil. So, it’s not a future that will expire.
You can use your demo account to find oil in the Market Watch.
When you’re in MetaTrader, you can use one-click trading on the chart to buy and sell oil. As a reminder for beginners, with CFD trading, if you buy at $7 and close at $9, you’ll benefit from the difference.
However, if the price goes against you, you’ll lose. Similarly, if you sell and the price goes in your favor, you’ll be able to close and make a profit when you buy.
Sometimes it’s hard to decide when you should buy or sell. You need precise strategies to help you make the best decisions. The strategy that we’ll look at in this post uses envelopes and Bollinger Bands.
The image above shows how you can adjust your parameters. You should always ensurethat you adjust your parameters to get the best results from this strategy.
Simple Rules for the Oil Trading Strategy
You’ll only have to remember one entry rule and one exit rule. With the envelopes, we’ll use a period of 18 and a deviation of 0.85.
With the envelopes, we’ll use a period of 18 and a deviation of 0.85
We’ll also set a condition that the bar must open above the upper band after opening below it. In other words, we should see the price going above the upper bands, and when a new bar is opening, we’ll buy.
In the example below, the red and purple lines are the envelopes. The green lines are the Bollinger Bands. So, you can see that we should buy when a new bar opens. Similarly, when the price goes below the red line from the envelope and the bar’s opening, we should sell.
When the price goes above the upper bands and we see a new bar opening, we should buy.
The trade in this example, went at a loss. It’s important to remember that you can lose with your trades. That’s why we show you losing trades here at EA Trading Academy.
When you’re learning how to trade oil on MetaTrader 4, we don’t want you to be misled and think there are any strategies without losses. There is no such thing.
What Does a Profitable Trade Look Like?
A profitable trade would be one where:
We identify a clear bar that went above the envelope
When the next bar opened we took a long trade
We identified the exit signal by using Bollinger Bands and exited the trade
Traders can find the exit point by looking for a bar that opens below the lower band after opening above it. Ensure that you adjust your Bollinger Bands settings so that the period is 16 and the deviation is 3.51.
Traders should exit as soon as they see the price reversing or going below the lower band of the Bollinger Bands. Close your long trade as soon as you see the price below the Bollinger Bands’ lower band. So, when the next bar opens, you should close the trade.
How Much Have We Made With Oil Trades Like This?
You can check your Journal in MetaTrader to learn how much you make from your trades. By checking our Journal, we see that we’ve made $8 sometimes on trades like this. But we don’t trade a complete lot. If we had traded a complete lot, we would have made a profit of $8,600.
We exported the strategy as an Expert Advisor for MT4 and MT5. So, once you copy it, go to File, Open Data Folder, click on MQL4 Experts, and then paste. If you’re a developer with coding experience in MQL, you can go through the code by double clicking on it to open the Meta Editor.
Open Data Folder and click on MQL4 Experts and then paste.
If you aren’t experienced with algorithmic trading, you can use the Expert Advisor as is. We recommend that you don’t touch anything in the code.
Under the Navigator tab, select Expert Advisors and Refresh to compile the Expert Advisor. Double-click on it to attach it to the chart.
Final Thoughts – How To Trade Oil on MetaTrader 4
Your life will get easier when you learn how to trade oil on MetaTrader 4. You can attach the Expert Advisor to the chart, which will trade automatically. So, it will open and close on its own.
It will also place the Take Profit automatically, so you won’t need to spend a minute in front of the chart. You won’t even need to put the indicators over the chart.
You can trade easily with this robot by using a demo account. We suggest that you do that so that you won’t risk losing any of your money. After you get used to the robot, you can start trading with real capital.
If you have any other strategy, try it on a demo first. We would be super happy to know about your strategy as well. Please share your ideas in the comments. Maybe we can spend time automating it and see if it works with robots.
Thank you for reading this post, and remember to visit us over at YouTube and subscribe to our channel. Thanks again for reading, and until next time, take care!
The best robot for gold trading lets you use artificial intelligence to save time on your trades. You’ll easily analyze data from several charts with this kind of Gold Trading Strategy.
If you’ve been looking for the best robot for gold trading, you’re in the right place. In this post, you’ll learn about a robot that shows a fantastic average performance.
Using the Gold Trading strategy shared here at EA Trading Academy, you could make an average of $500 per day by trading one ounce of gold. In addition, you’ll get the robot for free, so you can use it on MetaTrader.
Do Your Due Diligence
You can do your own due diligence and test the gold trading robot automatically for yourself. You’ll get a complete, free guide on how to do that, so you can do all of your tests for free.
Traders who like algorithmic trading and traders who want to learn about algorithmic trading can benefit from this post.
What Kind of Gold Trading Strategy is It?
You can think of this strategy for the best robot for gold trading as a scalping strategy. So, for beginners, that means that we’ll enter the market, take quick profits, and leave.
That means we won’t risk a lot from our capital. Of course, your risk really depends on how much you’re trading with. Your risk also depends on the proportion of your capital that you put into each trade.
Here at EA Trading Academy, we recommend never risk more than 2% to 5% of your capital. However, we’re not financial advisors and you need to make your own decisions about your trades. This post is just for educational and entertainment purposes.
How To Use the Best Robot for Gold Trading
It’s easy to use the best robot for gold trading, even if you’re a beginner. When you’re using the TradingView platform, you can open gold on an M1 chart. There are several indicators that you can use on the chart.
The first one that you can add is Bollinger Bands. So, you’ll go to Indicators, look for Bollinger Bands and select it. The default period is 20, with a deviation of 2.
However, you can use Settings to change that to a period of 32 and a deviation of 2.8. Those are the best parameters for the strategy Gold Trading Strategy that we will use.
Whenever there’s a movement or a trend, the bands open.
When you increase the deviation, the Bollinger Bands will open a little bit. Whenever there is a movement or a trend, the Bollinger Bands open up. So, they move away from each other. In that way, Bollinger Bands help you to read the strength of a trend.
However, whenever the market goes sideways, the bands get closer. We use a particular entry rule for Bollinger Bands. So, we will buy or go long, when the price drops below the lower band and then goes inside the bands again.
So, to enter the market with the best robot for gold trading, we look for
The price dropping below the lower band
A bar opening below the band
We can take the trade when the next bar opens.
ON the opening of this bar, we should enter right in here.
When Can We Exit the Trade?
We use another indicator to exit the trade. This indicator is called Standard Deviation and you can find it in MetaTrader 4.
MT4 has a Standard Deviation with a length of 20 by default. However, you can change the length to 37. You can adjust your Settings so that you’ll exit the trade whenever the Standard Deviation line crosses the four levels upwards and goes downwards.
In extreme situations, the standard Deviation gose above the 4 line. We should take our profit in this zone.
So, it should first go up above the four levels and then go down. This only happens under very volatile conditions. So, it happens in extreme conditions.
An Easy Gold Trading Strategy for All Traders
This strategy is very simple. You won’t use a Stop Loss or Take Profit. You only look for price movement around the lower band.
So, if the price goes below the lower band and when the next bar opens the bar is still below the band, we should buy. If you want to go short, you’ll do the opposite.
Using Standard Deviation to find an exit point works well with the best robot for gold trading. That’s because Standard Deviation tells us how widely prices are dispersed from the average. If the standard deviation is high, it means that closing prices are going further away from the established average price.
What Should you Do with Opposite Signals?
What happens if we buy and then, there’s an opposite signal to sell? In that case, we close the buy trade and open the sell trade.
Reversing the trade is very important in trading. You should never fall in love with your trade. This is something that can happen to beginners.
For example, a crypto like Bitcoin will go up, and a trader might buy it. After that, even when they see everything on the opposite side, they still believe that it will go up. So, they don’t short it, and they lose money.
It’s the same thing with gold or another asset. If you see the opposite signal, you have to sell the asset. You should always follow this strategy and avoid emotions.
Stick To the Strategy with this Best Robot for Gold Trading
Sometimes traders get emotional and lose money. This is where robots help. Robots help you to be strict with the strategy. You can download the robot for this strategy for free and test it on MetaTrader.
Note that we have updated this Gold Trading Robot a few times and the one you will download is the latest version.
At EA Trading Academy, we made $524.87 by trading a complete lot with this robot. We’ve tested this strategy 288 times and we have a very steady profit line. Of course, there are some declines. Every strategy has losing trades.
At EA Trading Academy, we made $524.87 by trading a complete lot with this robot.
We had a maximum of four consecutive losses with this strategy. The drawdown was 33% because we used one lot in a $10,000 account. If we decrease it to 0.1, the drawdown would just be 3%. So you can see that it really depends on how much capital you use for each trade.
Always use good risk management practices with your money. Don’t risk a lot of cash with every trade.
Final Thoughts on the Best Robot for Gold Trading
We hope that you found this blog post on the best robot for gold trading useful. We’ll be super happy if you share your thoughts on gold trading in the comments below.
Also, visit us on YouTube and subscribe to our channel to learn more about our algorithmic trading strategies for different assets. We hope you have a wonderful day. Take care!
Traders who use an ETH trading bot are watching to see what will happen when the Ethereum merge takes place. It’s now September and a lot of traders have huge expectations about what the merge will mean for their Ethereum investments.
When the merge happens, Ethereum investors could see huge price movements. The market is really positive about the merge. So, Ethereum is recovering faster than Bitcoin.
What is the Ethereum Merge?
The Ethereum merge will involve a change of networks. Ethereum will move from a Proof of Work (PoW) system to a Proof of Stake (PoS) system.
When Ethereum moves, all of its transactions will speed up. Ethereum will also have less of an environmental impact on a Proof of Stake network.
Proof of Stake might result in a reduction of the number of ETH that are issued per block. Proof of stake will also decrease gas fees.
All of these factors could increase the demand for ETH. An increase in demand can drive Ethereum prices up. However, if the Fed increases rates, that could cause the price of Ethereum to drop.
The Ethereum merge is a huge software upgrade. Big software upgrades are susceptible to bugs. Price changes will depend to a large extent on whether the merge is successful.
My Current ETH Trading Strategy
If you check out my trading page, you can see everything that I’m doing. Right now, I’m buying Ethereum in order to hold it.
I’m completely transparent with all of my trades. On my page, you can see which cryptos I bought and which cryptos I sold to take profits in this bear market.
I’ve sold several cryptos in order to take a profit. Still, I’m holding some cryptos. So my current portfolio has a loss of 25% over the past few months.
This is very good when compared to the performance of Bitcoin. Bitcoin has dropped 74% over the same time.
If the merge is successful, the price of the Ethereum that I’m buying now will go up. However, we know that if the merge fails the price will drop.
ETH Trading With Robots
I like to trade with professional strategy builders from EA Studio and FSB Pro. I save time with robots because they help me to analyze the details quickly.
I’ll show you how I use them in this article. You can use my strategy with any broker that offers CFD Trading with MetaTrader.
So, you can use my ETH trading strategy with Binance. You can also use it with Crypto.com and Kraken. As long as you’re trading with candlesticks, you can give my robot trading strategy a try.
I Monitor My ETH Trading Robots
When you’re using robots for ETH trading or other crypto , sometimes you’ll have to manually close your trades. For example, recently I used a Bitcoin robot to trade a $5,000 trading account and I doubled it with just two trades.
The first one hit take profit at $20,538. However, I closed the second trade manually.
I also switched off the Auto Trading feature. I did that because when I checked the daily chart there was a possibility that Bitcoin could form a double bottom and reverse upward.
That would wipe out my profit. I wasn’t taking that chance, so I closed the trade.
How does My ETH Trading Strategy Work?
My ETH trading strategy uses one entry indicator and one exit indicator. I watch the color of the candlesticks.
With my ETH bot, I buy ETH whenever I have two consecutive bullish candlesticks. So, on the opening of the third candlestick we’ll buy.
With ETH trading, we sell when we have two bearish candlesticks. So, on the opening of the third bearish candlestick, we’ll sell.
We also check Commodity Channel Index (CCI) levels. So, if the CCI is lower than the level line of negative 190, the robot will close the long trade.
The opposite applies to short trades in ETH trading. So the robot will check for the CCI going above the positive 190 level.
With this strategy and every strategy, you’ll always have profits and losses. What you need to do is look at the big picture.
So with this strategy, I’ve done over 80 trades since the beginning of 2022. I’ve made an average profit of $17.68 per day.
Be Cautious With Margin Trading
I can use my robots to trade on margin at popular brokers. Margin trading has a lot of benefits. If you’re going to use margin trading, always practice good money management.
If I used the same robots for ETH trading but I increased the lots 10 more times I would make 10 times the profit. However, I would put more of my capital at risk.
Similarly, if I decrease the lots by 10 times I would make less profit. I am not going to take any risks with my account. If you are a beginner trader, it’s a good idea to stick to one lot.
You can export your expert advisors to MetaTrader 4 and MetaTrader 5. After you export them you can change the lot size as you wish.
Which Robot Is Right for You?
You might be wondering which robot is right for you. Even if you are a beginner, you can use robots to trade. Robots can help beginners and advanced traders.
If you’re interested in a particular ETH trading robot, try it on a demo account for the platform that you like first. You could try different robots to find the one that fits your trading personality.
Final Thoughts
ETH trading with robots can work for both beginners and advanced traders. It can help you to save time. Robots can help you to take advantage of opportunities in the market as long as you use them wisely and you’re careful with your margins.
Thanks for reading this article. If you have any questions about robot trading with Ethereum please leave them in the comments below.
I love you guys. I look forward to seeing you soon.
This easyMarkets review will discuss their licenses, safety features, and tools, so you can invest with confidence. You’ll also learn about their Forex spreads and the amount of leverage that they offer. This easyMarkets review will also discuss your deposit and withdrawal options.
Introduction to easyMarkets
easyMarkets is a broker that has offices in several locations around the world, including Greece. They started doing business in 2001. In fact, they’re among the first firms that offered online trading. They have retained many of their clients because of the unique features that they offer through their proprietary platform.
So, over the years, they’ve honed this platform to meet the needs of their clients. It’s very user friendly and beginners will easily adapt to using it. easyMarkets have several locations around the world. That helps them to provide good customer care in each trader’s preferred language.
They’ve received more than 30 awards over the years that they’ve been in business. These recognize their excellence in technology. They’ve also been awarded for their level of service and the trust that traders have in them. Their awards include:
AG Arabcom Gropu Best retail FX Provider 2010
China Financial Awards Best FX Service Provider
COTS Best Innovative Forex Platform
Fin Expo Egypt Most Trusted Forex Broker in Middle East 2022
EasyMarkets traders focus on the Forex market when they’re using this platform. However, you can also trade other assets. Like many of their competitors, they have demo accounts.
So, you can learn more about the platform before trading with real cash. Their spreads are good. However, they’re not as tight as some of their competitors.
easyMarkets’ Regulators
EasyMarkets is based in Cyprus Greece. So, they’re regulated in a tier-1 jurisdiction and a tier-2 jurisdiction. This means traders experience average risk with them. Their tier-1 license is from ASIC. Their tier-2 license is from CySEC
They’re licensed to act as a broker across Europe. They meet the Markets in Financial Instruments Directive (MIFID) regulations. So, traders can invest comfortably in the European Union.
They also have several other licenses. That’s because they have offices in Shanghai, Sydney, and Limassol. So, they can offer their services around the Asia Pacific region because of their ASIC license. They even have offices in the Marshall Islands. However, they are not regulated there.
The easyMarkets demo account is easy to use. If you’re new to Forex trading, you can use the demo to practice with an established broker. If you’re experienced, you can use the demo as long as you like.
The demo helps you to learn how to use TradingView. However, you can also trade on MT4. So, you can quickly learn which platform you prefer. You can register for the demo account for free.
easyMarkets Review – Currency Pairs and Tradable Assets
Traders can buy or sell a few types of assets and easy markets. Their range of instruments isn’t as big as some of their competitors. In fact, you can only trade a little over 250 instruments there.
So, you can’t directly trade Ethereum, Bitcoin, and other cryptocurrencies. However, you can trade cryptocurrency CFDs. There are limits to this. If you are a resident of the United Kingdom, you can’t trade crypto CFDs at this broker.
You can also trade on the energy market. If you like to trade metals or global indexes you can do so via this platform.
easyMarkets Platforms
easyMarkets have several platforms that you can use for trading. They have their own proprietary easyMarkets platform. easyMarkets also have mobile apps that let you trade on the go.
EasyMarkets also offer:
TradingView – best for price action trading
MetaTrader 4 and MetaTrader 5 – suitable for algorithmic trading
The easyMarkets platform is simple to use. New traders adjust to it easily.
It comes with easyMarkets’ guaranteed stop loss, fixed spreads, and other features. The Inside View feature shows you market sentiment so you can tell what other traders are doing. It tells you what they’re buying and selling in terms of percentages.
You can trade CFDs, forwards and options on these platforms. If you like to use technical analysis to find entry levels you can use pending orders to boost your trading.
You can use several trading platforms on the site. All of them can be used on your iOS device or your Android phone. So you can trade on the go.
MT4 is one of the most popular options on this site. Metatrader has good customer service. It also has news in its Trading Central area. MetaTrader 4 also comes with several tools that you can use for analysis. It lets you customize its features and execute your orders instantly.
easyMarkets Review – Account Types
There are different types of accounts that you can open at this broker. You can choose from three and the level of customer service that you get will also vary according to your account type.
So, you can use MT4, MT5 or TradingView. You won’t have to download the HTML5 platform since it’s web based.
Their message trailer account gives you access to mt4. They also have a VIP account. The VIP account offers the most competitive pricing but you’ll need to invest more. You need to deposit at least $2,500 to open a VIP account.
easyMarkets Review – Trading Fees
This broker has a fixed spread. They don’t charge any commissions. As you can see in the table below, their EURUSD spread is 0.8 pips for TradingView. However, the spread for GBPUSD is 1.4 pips. The spread also depends on the platform you’re using.
So, if you’re using MT4 instead of their proprietary TradingView platform, the EURUSD spread is 0.7 pips. if you’re using MT5 with the same currency pair, the spread is 0.6 pips.
easyMarkets keeps the spread stable no matter what market liquidity is like. They’ve proven that they keep their word. Even during the historic bull run with Bitcoin they continued to offer the cryptocurrency. They also kept the spreads fixed.
easyMarket has fairly tight spreads. However, there are competitors with even lower spreads. For example at easyMarkets the EURUSD spread is 0.8 pip.
Despite that, many people around the world select easyMarkets because they aim to provide reliable trading conditions. Even when the market is volatile, they keep the spread fixed. Traders won’t have to worry about slippage. So, you’ll always be able to predict your costs.
They charge a rollover fee. So, if you hold your position overnight you’ll be charged for that. Every instrument has a different fee and conditions for overnight positions.
easyMarkets Deposit/Withdrawal Options
You can fund your account in different ways on easyMarkets. You can use their online cashier to make the process easier. The online cashier is available in the Client section of the site.
You can use a bank transfer credit or debit card or e-wallet to fund your account. Skrill, WebMoney and Neteller are all accepted.
You need at least €100 to open an account. As stated in this easyMarkets review, if you would like a VIP account with premium features, you’ll need a higher balance.
You aren’t charged to make withdrawals. Withdrawal methods are similar to those for making your deposit.
You also aren’t charged for funding your account. However, your payment provider might charge you fees from their side.
easyMarket Leverage
easyMarkets has good leverage. However, their leverage varies according to several factors. For example, the regulations in your geographical area will affect the type of leverage that you can get.
Your leverage will also be affected by the instrument that you’re trading. If you live in Australia or another area that’s governed by ASIC you can get leverage of 1:400 when you’re trading major currencies. If you’re trading crypto, you can get leverage of 1:50.
However, if you live in the European Union you’re subject to CySEC regulations. So, your maximum leverage will be lower.
To meet ESMA restrictions, the broker will only give you leverage of 1:30 when you’re trading Forex. You’ll have leverage of 1:10 for commodities.
easyMarkets Review – Research
You’ll get good education and research with this broker. No matter what type of account you have, you will get emails each day with technical analysis. The emails don’t only benefit technical traders. If you’re a fundamental trader you’ll find a lot of fundamental data in each email.
easyMarkets Review – Trading Tools
easyMarkets have tools to protect you while you trade. They offer negative balance protection. So, if a trade goes badly, you won’t lose more money than you have in your account. That way, you’ll never end up going broke.
All traders benefit from negative balance protection. It’s been a standard feature of all accounts since 2001. This feature is already included in your package. So, you won’t have to pay an additional cost or request it.
This type of protection is especially beneficial for new traders. That’s because beginners might not be familiar with how rapidly the Forex market can change. During news or other announcements everything can change rapidly.
Similarly, traders are also at risk during market openings. Easy markets also offers a dealCancellation feature. So, you can control your risk when you’re in the market.
The dealCancellation tool is available for a small fee. It gives you a specific amount of time to undo a trade. You can get up to six hours. So, it lets you reclaim your losses.
easyMarkets Review – Stop Loss Guaranteed
Margin calls can also keep you from going into debt. So, margin calls will automatically close your open positions when they’re dropping rapidly.
They offer free guaranteed stop loss. You can set the stop level that you like. This feature comes standard with easyMarkets’ proprietary platform and their apps.
The level that you set is guaranteed to be met. It will always close your trade if the market moves against you. So, you always have a limit on the maximum risk that you’ll be exposed to.
Traders can use their Market Explorer to gain insights. That tool shows you the rates for over 200 instruments. You’ll be able to view these rates in real time and choose those that you want to trade. So, you can always base your trades on the latest information that they have available.
easyMarkets Secures Your Money
easyMarkets keeps their clients’ cash secure in several ways. They segregate their clients’ money. easyMarkets also participate in a plan which reimburses clients with all or some of their money if the company becomes in solvent.
They keep their processes constantly audited so that they can keep their licenses. So, traders know that their procedures meet the highest standard.
easyMarkets Cons
easyMarkets doesn’t have a lot of cons. If you’re interested in trading Forex, you’ll find good research there. Their spreads could be better. However, they’re still average.
The chief con is their range of assets. As stated before in this easyMarkets review, that is limited. But you can trade Forex, options, forwards and CFDs. Additionally, although they have good customers support, customer service is not available 24/7.
They only use the US dollar and the Euro as their base currencies. Additionally, their minimum deposit is a little higher than some of their competitors.
During regular market conditions their spread can also seem pricey. However it’s beneficial when the market is volatile.
Final Thoughts
In this easyMarkets review, you learned that the broker is regulated and available to traders around the world. They have unique features on their platform that help you to manage risk as you trade.
They also offer good information on the platform to help with your trading decisions. You won’t have to leave the site to get updates from third-party platforms.
easyMarkets has fixed spreads and a lot of features that aren’t commonly found at other brokers. So, many traders are attracted to this broker because of its proprietary platform and stable prices in volatile markets. The platform is also easy to use and they offer good customer service.
This AAAFx review will discuss the benefits of using this broker to trade on the Forex market. This international company is open to traders from almost every country. In this AAAFx review, you’ll also learn about the drawbacks of trading Forex on this platform.
Introduction to AAAFx
AAAFx have their headquarters in Athens, Greece. They’ve been offering Forex services to traders around the world for several years.
This is an award-winning broker. In fact, they have a very good reputation. In 2022, the Ultimate Fintech Awards recognized them as the Most Transparent Broker.
You can trade Forex easily with this affordable broker. You can also trade other products, such as crypto, commodities and stock indexes.
In this AAAFx review you’ll learn more about what global traders can expect from them. You’ll also learn about the provisions that they have for Islamic traders and clients who have to meet trading laws in Europe.
AAAFx Regulators
AAAFx were founded in 2008 and traders generally think that they’re trustworthy. They’re regulated by both the HCMC and FSCA.
The HCMC is the Hellenic Capital Market Commission. This organization regulates brokers that are based in Greece. The FSCA is the Financial Sector Conduct Authority. It regulates brokers in South Africa.
When you invest with AAAFx, you will be protected by the Greek Guarantee Fund. So, you’ll be reimbursed with up to €30,000 if the broker goes bankrupt.
If you’re an Islamic trader, you can get an Islamic account with this broker. So, this account will be swap free.
AAAFx don’t just offer accounts to individual traders. They also have institutional accounts.
AAAFx has thousands of accounts — for customers around the world. However, their services are not available everywhere. For example, if you live in Quebec, you can’t use this broker.
In fact, they have clients in 176 countries. They offer adequate customer support to all of their traders. So, their customer care team can help clients with answers to their trading questions in 10 languages.
You can speak with customer care via live chat. There’s a chat button that you can click on. You can find it on the bottom right corner of your screen. Traders can also email them for support. You can even call them.
AAAFx Review – 100% Deposit Bonus
AAAFx gives a deposit bonus to their clients. All global clients can benefit. This AAAFx review will explain more about how global traders can benefit. However, if you’re based in Europe you can’t get this bonus.
You can get up to 100% extra with this match bonus. New clients can qualify. However, you must deposit at least $300 into your account. You won’t qualify for the bonus if money is transferred into a new account from an existing account.
You won’t be able to withdraw the bonus from your account until you meet specific conditions. For example, you need to complete a specific number of trades before you can withdraw any of the bonus. If you don’t use your bonus within 90 days after receiving it, you’ll lose it.
There is a cap of $3,000 on this bonus. So, for example, if you deposit $5,000 when you open an account you’ll only get a bonus of $3,000 to use for trading. You must verify your account to receive this bonus. So, you’ll have to upload documents that verify your identity.
AAAFx Review – Currency Pairs and Tradable Assets
Fortunately for traders, AAAFx offers over 30 Forex pairs for currency trading.
Several Forex traders also like to trade other assets. They don’t limit their trading to fiat currencies. AAAFx has many other tradable assets. For example, you can trade cryptocurrency CFDs there. You can also trade stock CFDs and commodity CFDs.
This broker has nine stock indexes. They don’t offer services to US traders. However, global traders can buy stock in US companies. You can trade 170 US shares with this broker.
They offer six commodities. You can trade crude oil, gold and natural gas, among others. They also offer cryptocurrency trading. So, you can trade all the popular options such as Bitcoin and Ethereum, as well as new cryptos.
AAAFx Platforms
Many traders prefer to use a platform that they’re comfortable with. They want a platform that’s easy to use. If they’re a beginner, they want to learn how to use it quickly.
MetaTrader or MT4 is popular among many Forex traders. This AAAFx review will explain why that is so. It lets them backtest their strategies. It also has a number of other features.
So, traders will be glad to know AAAFx has MT4. This broker also has other platforms. You can use MT5 and ActTrader.
MetaTrader has a multilingual interface. You can learn how to use it quickly since it has built-in guides. This platform is suitable for technical traders. It has lots of charting tools and indicators. You can also customize the indicators.
Traders who use MT4 can make a decision by using more than 30 technical analysis tools. You can customize 50 indicators on this platform to suit your needs. Additionally, MT4 has 9 timeline choices.
You need to have at least $300 in your account to use MetaTrader with this broker. One of the best features of MT4 is automated trading.
If you want to use MT4 on your mobile device you can do that. You’ll just need to download the Android or iPhone version of the app from the respective store.
ZuluTrade and ActTrader
Some traders might not be as familiar with ZuluTrade. However, several traders like this platform because it has auto trading.
ZuluTrade also has social trading. You can learn what other traders are doing. So, you can do the same trades and gain profits whenever their trades are successful. However, you should do your due diligence because you can also lose if they lose from a trade.
Since the interfaces are connected you can easily do all the trading with your AAAFx account. You won’t have to spend time installing ZuluTrade. As soon as you open your AAAFx account, you can start looking at what other traders are doing. This gives you access to information on what traders in 190 countries are buying or selling.
ZuluScripts gives you an algorithmic trading option. So, if you wish, you can write code for your trades.
If you have a ZuluTrade account, it’s protected by ZuluGuard. You’ll also get additional protection with Margin Call-o-Meter. So, you’ll limit your losses.
Some traders aren’t used to ActTrader. However, ActTrader is a user-friendly package. Beginners can easily learn how to trade on this platform.
ActTrader has been around for a while. It was launched in 2000. It’s easy to navigate. When you’re trading with real cash you’ll benefit from trading volumes of $5 million a month. You can download this platform. You can also use it from your browser.
AAAFx Review – Demo Account
Several traders try their strategies on demo accounts. AAAFx has a demo account. So, you can get used to the platform.
In this video, you will learn how to Open a Demo account with AAAFx and get a Free Bitcoin Robot for M1 TimeFrame:
In fact, even if you’ve traded Forex before, it’s usually best to try their demo account before trading with real capital. This allows you to become accustomed to the platform.
After you register, you’ll use the demo for the platform that you like. For example, if you like ZuluTrade, that demo account will let you practice as if you were using real cash in the real trading environment. You will be able to see how the traders that you like are trading. You could start practicing right away without real cash.
AAAFx Mobile Trading
In this AAAFx review, you’ve learned that the broker has several platforms. You can use these on mobile. For example, if you like to use MT4, you can use the mobile version on your device.
The apps offer you many of the features of the desktop. However, You can’t customize them as much. You’ll also won’t be able to use some analysis tools.
If you’re trading on your iPhone or another mobile device, you’ll save time with one touch trading. Although the broker has limited information, they present it visually on mobile. So, it’s easy to follow.
When you’re using your mobile device for trading, you can also do analysis. You can make several types of orders from your mobile device. With their mobile apps, you won’t miss any opportunities.
AAAFx Review – Corporate Accounts
Many traders immediately think of trading for themselves. However, there are many people who are interested in the Forex market but wants to trade at the corporate level. This broker has institutional accounts. However, more documentation is required if you want to open an institutional account.
For example, you’ll need a proof of residence document, the annual report of the company, and a signed statement from the person who is authorized to do transactions on behalf of the company. Any deposits that you make must be made under the company’s name.
So, for example, you’ll need to do deposits by using the company’s bank account or credit card. If you want to open an institutional account you’ll need to make a deposit of at least $100,000.
AAAFx Account Types and Trading Fees
AAAFx has low trading fees. The fees depend on the type of account that you have with them. They have three different ECN accounts plus an Islamic account.
Many beginners choose an ECN account. That account has low commission charges. You’ll pay $0.99 per $100,000.
However, you can also avoid commission charges by opening an ECN Plus account. Their ECN Zulu account connects directly to the Zulu platform but it’s very expensive. Commissions are $10 per $100,000.
Spreads on Accounts
Spreads on all ECN accounts are low, ranging from 0.0 pips to 0.8 pips on major pairs. So, if you’re trading the EURUSD the spread is usually 0.3 pips. If you’re trading the GBPUSD dollar the spread is 0.7 pips. For EURGBP pound, the spread is 0.5 pips.
Each Islamic account comes with thin spreads. If you open on Islamic account, and you’re an institutional client, you’ll also pay low commissions.
In some situations, AAAFx may charge for positions that you hold overnight. So, if you hold a position open past 17:00 EST, you’ll be changed an overnight swap or rollover rate. This broker has a calendar with details on those charges. However, overall their fees are competitive.
If you’re trading major currency pairs throughout the week or even through the day, you’ll save money with this broker. It usually takes 24 hours to activate an account.
AAAFx Low Minimum Deposit
AAAFx has a low minimum deposit. You only need $10 to fund your account and start trading with real currencies. This is why some beginners like to use the platform.
AAAFx Deposit Options
There are multiple deposit options. You can fund your account by using a bank wire. For example, you can use EuroBank and DixiPay, among others.
You can also fund your account by using your international bank card. So, you can fund your account with your Visa debit or Visa credit card. You can also use your MasterCard.
You can use e-wallets such as Skrill and VirtualPay to make your deposit. This broker has a welcome bonus to new clients. As explained in this AAAFx review, you can use your bank card to get the bonus.
Traders can use cryptocurrency to fund their accounts. For example, you can fund your account with Bitcoin or Ethereum.
Choose Your Currency
You can do your deposits and withdrawals in other currencies. The three main currencies that you can use for your account are the Euro, British pound and US dollar.
Your transaction will be converted to US dollars. So, always ensure that the sum meets the US dollar deposit limit.
If you make your deposit by using Bitcoin or your bank card it will be processed instantly. However, if you use Skrill or your e-wallet it could take 24 hours to be processed.
A wire transfer take up to three business days. Deposit fees aren’t applied by the broker.
However, conversion fees are sometimes applied if your deposit is made in a currency other than the US dollar and has to be converted to US.
AAAFx Withdrawal Options
The withdrawal options are similar to those for deposits. So, you can do wire transfers via FairPay, PayRetailers and other providers.
You can also withdraw money from your account by using an e-wallet. Generally, traders can use wallets like VirtualPay and Skrill.
If you don’t want to use a wire transfer or e-wallet to make your withdrawal, you have options. So, you can use crypto. Additionally, AAAFx accepts Match2Pay.
You won’t have to meet a minimum for withdrawals. You also won’t have a maximum for withdrawals. However, before you can withdraw money from your account, you must be verified.
Additionally, if you used a particular method to make your deposit, you must use the same method to make your withdrawal. For example if your deposit was made via a wire transfer, you must withdraw funds via a wire transfer.
Your withdrawals might sometimes be delayed. That’s one of the complaints that traders have. Additionally, some clients say that their withdrawals are sometimes split into two sums.
Islamic Forex Trading Accounts
AAAFx offers trading accounts that let you trade Forex in accordance with Sharia law. If you’re interested in an Islamic trading accounts, you can contact customers service for details.
How Much Leverage Can You Get With AAAFx?
This Forex broker has good leverage. However, the amount of leverage that you can get is based on your location. AAAFx is a regulated broker. So, they have to meet ESMA standards.
European traders can only get a leverage ratio of 1 to 30. This is to protect traders in Europe. Whenever you use the leverage it magnifies your potential profit. However, it also increases the amount of money that you could lose.
Be Cautious With AAAFx Leverage
Global traders aren’t subjected to the same restrictions but they should still be cautious. Leverage gives you larger exposure to the market even with a small deposit for a trade. So, it can be tempting to use the maximum. However, ignoring risk management rules could wipe out your capital.
Even for European traders, 1:30 is the maximum leverage on AAAFx. That’s offered for major currency pairs. If you are a European trader your leverage for other currency pairs will be 1:20.
Leverage Depends on Asset Type
Similarly, leverage varies according to the type of asset that you’re trading. So commodities and indexes have leverage of 1:10. US company stocks have leverage of 1:5. These limits apply to European traders.
As stated earlier in this AAAFx review, global traders have more leverage. That applies to all instruments. However, if you’re a global trader and your equity is greater than $50,000 you’ll have maximum leverage of 1:200.
Similarly, if you’re a new client, your account will have a standard leverage of 1:100. You can contact the customer care team to increase your leverage.
AAAFx offers a maximum leverage of 1:500. However, using this type of leverage can make your trades more risky. So, it’s important to do your due diligence with AAAFx. Generally, be cautious with all of the transactions that you do on this and other platforms.
AAAFx Research
AAAFx does not have good research. You’ll have to use third-party sources for information. This can be time-consuming.
As stated before in this AAAFx review, the broker lets you trade on the go. So, you can open a trade in minutes. However you can’t do so quickly if information isn’t really available on the platform.
When you sign up, you can access your demo account. You’ll get an email with tips on using the demo account. However, even as a beginner, you would need to search for news and other information elsewhere to help you trade.
AAAFx Client Protection
As explained earlier in this AAAFx review, the platform that you choose will often have inbuilt features that protect you. However, the broker also has additional safety features. These include SSL encryption for their website traffic. They also use firewalls and authentication systems. Several access control mechanisms work together to protect your data while you’re trading.
AAAFx Review – Cons of Using this platform
AAAFx doesn’t offer good educational resources. That’s not the only drawback of using this broker. They don’t offer Peer-to-Peer trading and they don’t offer spot trading. However, they have negative balance protection which is quite important nowadays.
Good Forex trading strategies can help you to avoid unnecessary losses. These include risk management strategies.
In this AAAFx review, you’ve learned that traders in several countries can open accounts with this broker. However, due to regulatory requirements, AAAFx doesn’t offer their services everywhere. For example, if you live in the United States or China, you won’t be able to trade with this broker.
AAAFx say that they don’t charge fees on deposit and withdrawals. However, you might sometimes receive less money than you expect from a withdrawal. That’s because there may be third-party charges.
Final Thoughts on AAAFx
So, in conclusion, AAAFx is generally a low risk trading platform. You can trade on the go by using your iPad, iPhone, or any Android device.
It’s easy to fund your account by using your bank card, e-wallet, or cryptocurrency balance. You can trade with a platform that makes you comfortable, with options including the popular MT4 platform.
The minimum to start your own account is very low. You can even trade with leverage of up to 1:500, although your money is safer with less leverage.
If you want to trade Forex and are just starting out, you can check out this broker for yourself. Many new and experienced Forex brokers think that they’re reliable.
Lots of investors are looking for free stocks, and there are several legitimate companies that are giving stocks away for free. In the US, there are many free stock trading brokers. These include TD Ameritrade and Interactive Brokers.
In India, Zerodha offers free stocks. In Europe, there are numerous alternatives for free stocks too. For example, Trading 212 gives stocks away for free, and in this article, you’ll learn how you can get some of those free shares.
What’s Trading 212?
Trading 212 is a stock broker that also lets you trade ETFs and CFDs. You can open an account there for free. They’re currently based in Europe but they may eventually expand to the United States and Asia.
Trading 212 will also give you free stocks when you open a new account. The free stock bonus that you’ll get is worth €100. Plus, all you have to do to get your free stock is open a new account, verify your identity, fund your account and apply the promo code PETKOA within 7 days.
Adjusting to Trading Stocks on Mobile
For many traders, it’s easy to trade on a desktop computer because they have access to software like MetaTrader and a large screen. It’s easy to view charts and other information. It can be difficult to adjust to the smaller screen of a smartphone.
However, some traders have gotten used to trading on their smartphones because of the convenience. They can benefit from trading opportunities while they’re on the go.
After a while, those traders hardly ever use their laptops or desktop for trading. They do almost everything on their mobile device because using an app to trade is easy. That’s especially true if they use robots to trade crypto and stocks. When traders use Expert Advisors, they spend less time looking at charts.
Free Stock Trading Broker vs Broker with Free Stocks
Trading 212 is both a free stock trading broker and a broker that offers free stocks. Trading 212 app simplifies the process of trading crypto, stocks, ETFs, and other instruments for traders.
So, as a free stock trading broker, they don’t charge commissions on trades. As a broker that gives free stocks, you can get free stocks with them when you fulfill certain requirements during special promotions.
Trading 212 pays the commissions for you whenever you buy or sell instruments. They do this in order to be competitive. Traders nowadays have lots of choices. So, many choose Trading 212 because they don’t have to pay any commissions.
Several brokers also offer free stocks like Trading 212. All of them have requirements that you have to meet. For example, you might need to make a minimum deposit of €10.
Sometimes traders can’t benefit from free stock promotions because of where they live. For example, if you live in Bulgaria, you won’t be able to benefit from a promotion offered by Webull. However, traders in the United States can get five stocks for free from Webull.
Trading 212 Fractional Shares
Trading 212 offers fractional trading. So, if you want to buy an expensive stock such as Google or Apple, you can buy a fraction of it instead of spending a lot of your capital on one company.
For example, if you buy $10 worth of Apple stock at Trading 212, it doesn’t mean that you’re buying one share for $10. You’ll actually buy a fraction of one Apple share for $10. You just buy a piece of Apple stock. The rest will be sold to other clients.
Some stocks like Amazon and Google cost thousands of dollars each. But, when you buy fractional shares of these stocks, you can own a portion for $10 or $100. It depends on how much you want to own.
The “F” icon indicating shows whether an instrument supports fractional shares
Buying Stocks with the Trading 212 App
The Trading 212 app is very easy to use. You can easily search for stocks to buy by category. For example, they have a popular stocks category. That shows you which stocks are frequently traded.
You should always check the performance of any stock that you’re interested in from the frequently-traded category. Even if a stock is popular, that doesn’t mean that its value is increasing over time.
The Trading 212 app gives you a little information on the performance of each stock. For example, if you want to buy Tesla stock, you can click on it and below it, you’ll see a small chart that shows you the performance of Tesla stock over time. You can do the same with your free stock.
Trading 212 app
Traders who like fundamental trading can also get information on any companies that they’re looking at. For example, for Elon Musk’s company – Tesla, you can find out how many employees they have and other details just by clicking. You can get income and balance sheet information along with the performance charts, right in the app.
Trading 212 Free Stock Categories
You can get free stock from several categories at Trading 212. Some traders like to focus on stocks from the United States. You can find a category just for that on the Trading 212 app. You can also use the app to find UK stocks.
If you want to search for newly listed stocks, the app can also help you to do that. Some investors like to look for new listed assets, such as newly listed cryptos. That’s because they want to catch the momentum.
Some traders also like to look for stocks that give good dividends. When you choose a dividend strategy, look for stocks that give you 4%, 5%, or even 6% per year. So, if you invest $100,000 in a company, you would get dividends of $5,000.
Detailed Dividends Info Tab on Trading 212 App
If your free stock also increases in value over time you would benefit from that as well. Traders look forward to these capital gains. However, sometimes they experience losses. The Trading 212 app helps you to keep things balanced. You can create a portfolio of stocks.
Building a portfolio with stocks and other assets helps you to reduce your risk. Diversification should always be an important part of your strategy. So, even if the value of some of your assets goes down, if the value of the others goes up you’ll still make an overall profit.
When you’re purchasing apps by using different currencies, you’ll need to keep in mind fluctuations in your purchase currency. For example, you may see a slight dip in value in terms of the US dollar but you’ll simultaneously be making a profit in Euro.
View Your Buying History for Trading 212 Free Stock and Paid Stock
The Trading 212 app keeps records of all the transactions that you’ve done with each stock. For example, you could see all the transactions that you’ve done with Apple stock. You could also view the dividends that have been paid out for the stock.
The good thing about the Trading 212 app is that you can keep consistently purchasing as much as you can afford. That’s because they offer fractional shares.
Every time you buy a portion of the stock, you’re likely to get it at a different price. This means it can be hard to keep track of the different prices at that you’ve bought the same stock. The Trading 212 app helps you to stay on track. The app calculates an average price automatically when you steadily invest in a particular stock.
You can use the app to view a chart that has your average price line. This average price line helps you to compare the current price of the asset to your average position. You can quickly see where you experienced a loss and when the market recovered. You can also easily tell whether you’re making an overall profit or an overall loss.
Average stock price and profit
For example, if you have invested in Apple stock and you notice that Apple is forming a double top, it may be time to consider selling since you would be making a loss. If you sell and make a profit, you can wait for a better opportunity to invest in Apple again when the price is lower.
Always Stick to Your Free Stock Trading Strategy
Sometimes traders regret it when they sell stock and then the price goes higher. However, you should never regret selling a stock at a profit. There will always be another opportunity to invest again and make more profit.
The Trading 212 app makes it easy to enter and exit the market while you’re on the go. It’s easy to use for free stock trading and you can trade other assets as well, such as cryptos. Useful trading information is provided within the app, so you don’t need to leave and go to a third-party source.
If you aren’t already using this app, it could be a useful part of your strategy and you’ll get free stock if you sign up with the code PETKOA. However, the final decision is always up to you. Everything presented in this article is just for educational purposes and it’s not financial advice. Thanks for reading!
