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How to find a free forex trading robot for trading cryptocurrencies?

avatarRohit MandalNov 24, 2021 · 3 years ago3 answers

Can anyone recommend a reliable and free forex trading robot for trading cryptocurrencies? I'm looking for a solution that can automate my trading process and help me take advantage of the volatility in the cryptocurrency market. It would be great if the robot is compatible with popular cryptocurrency exchanges like Binance and BYDFi. Any suggestions?

How to find a free forex trading robot for trading cryptocurrencies?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Finding a free forex trading robot for trading cryptocurrencies can be a bit challenging. While there are many options available online, it's important to do thorough research and choose a reliable one. Some popular platforms that offer free trading robots include MetaTrader 4 and 5, TradingView, and ZuluTrade. These platforms have a wide range of robots developed by experienced traders. However, keep in mind that free robots may not always provide the best results and it's important to monitor their performance regularly.
  • avatarNov 24, 2021 · 3 years ago
    I've personally used MetaTrader 4 for trading cryptocurrencies with a free trading robot. It offers a user-friendly interface and a wide range of indicators and tools to analyze the market. You can find free trading robots on the MetaTrader market or even develop your own using MQL4 programming language. Just make sure to backtest the robot and monitor its performance before using it with real money.
  • avatarNov 24, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers a wide range of trading tools and features. They have a built-in trading robot called 'AutoTrader' that can be used for automated trading. However, please note that the 'AutoTrader' is not free and requires a subscription. If you're looking for a free option, I recommend exploring other platforms like MetaTrader or TradingView.