Best Automated Trading Platforms
Automated trading platforms reduce the workload of investors by analysing assets autonomously. These trading platforms also help users identify profitable trading opportunities as well as the best entry and exit points for these trades.To get more news about automated trading, you can visit wikifx.com official website.
Before making a choice, investors should know how these platforms work and the Best Automated Trading Platform to use for their investments.
1. eToro Copy Trading: The Overall Best Automated Trading Platform
eToro is a social trading platform and one of the best investing apps where investors can trade financial assets for low fees. The platform offers opportunities for investors to buy cryptocurrency, stocks, commodities and others. Also, the platform also provides investors with access to earning opportunities through its unique automated trading system, CopyTrader.
CopyTrader allows investors to mimic the trades made by the platform’s expert traders. They can choose which traders they would like to copy and model their trading strategies after.
With the CopyTrader auto trading system, investors can examine the different top traders based on several parameters. These include trading style, risk tolerance, and past portfolio performance. The feature offers an extensive list of customisation options, allowing you to place your investment on auto-pilot.
CopyTrader requires a minimum requirement of $200. Additionally, the fees applicable to investors on crypto trades consist of a 1% charge each when investors open and close a position in addition to the raw market spread of 0.46%. This brings the total fee on a crypto trade to 2.46%. Withdrawals attract a flat fee of $5.
eToro supports payments using cards, wire transfers, payment processors, and e-wallets.
Additionally, the crypto trading platform prioritises security and is regulated by top-tier regulatory bodies.
The Cyprus Securities and Exchange (CySEC), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), and the Financial Industry Regulatory Authority (FINRA) all oversee eToro’s financial processes.
To further enhance security, the platform uses advanced encryption and masking technologies to protect user accounts. eToro also uses two-factor authentication (2FA) to secure the accounts and deter imposters from gaining access.
If you’re a beginner looking to remain profitable while learning the ropes or an expert trader looking for additional validation, eToro is right for you.
2. Learn2Trade: Easily Trade Forex And Crypto
Learn2Trade is a premium service that offers crypto and the best forex signals to traders in the market. Based in the United Kingdom, the service operates through a highly exclusive Telegram channel.
3. Cryptosignals.org: High-Quality Crypto Signals At Your Fingertips
As its name suggests, Cryptosignals.org is a full-service provider of cryptocurrency trading signals. Launched in 2014, Cryptosignals runs its crypto trading services through a dedicated Telegram channel. The platform offers access to up to 3 signals daily and the developers promise that investors have the opportunity to make up to 40% profit monthly according to its developers.
4. Bitcoin Era: High-Quality AI-Powered Trading System
Bitcoin Era is another great option among the best automated trading platforms that offers impressive service to cryptocurrency traders. Its developers tout its 85% success rate, although we recommend proceeding with caution.
5. Bitcode AI: Great Trading Platform for Beginners
Bitcode AI is another automated Bitcoin trading software that is starting to make the rounds. Like many other Bitcoin trading bots out there, this one focuses on parsing the market using its artificial intelligence and machine learning system. You should know that this is a cryptocurrency trading bot, and we recommend doing your research before using it.
6. Oil Profit: Trade Oil Markets Like A Pro
Oil Profit, one of the best automated trading platforms for alternative markets, focuses on helping you to earn profits from the oil markets. With Oil Profit, commodity traders have an automated trading system that allows them to trade the oil markets from the comfort of their homes.
As fees, this automated oil trading platform takes a 2% commission on all successful trades. The broker also charges 2% for withdrawal transactions, which are usually processed in 24 hours.