RoboX – an algorithmic trader’s dream from AMarkets
A universal trading advisor is every trader’s dream, but each robot is unique in its own way and works exclusively in certain periods of time. The Israeli company Tradency took one of the first steps to create a universal platform that would analyze thousands of trading algorithms and select the best ones. Recently, the platform has become available thanks to the technical support of the broker AMarkets, who introduced it as a RoboX service.
RoboX is a unique and so far the only service of its kind, which, according to the basic parameters set by the trader, selects the optimal strategies from the international partner network. The platform constantly changes the portfolio of strategies, minimizing the number of losing trades and increasing the number of profitable ones. The selection algorithm is kept secret. It is only known that RoboX is an independent platform integrated into the trading system (similar to Currenex), and the broker is only a provider between the service and the trader.
Benefits of the RoboX service:
- the intelligent platform takes over what a person had to do before – it analyzes trading systems, choosing the best ones. The investment portfolio of strategies is constantly updated – the RoboX service analyzes the dynamics of income, adjusting portfolios. The frequency of the portfolio update is visible to the trader;
- easy to operate, the system is fully automated, works autonomously;
- profitability of the most profitable portfolio – 92% per year!
How to work with RoboX service
To connect to the RoboX service, you need to open an account with AMarkets and link the account with the platform in your personal account. You don’t need to top up your account right away to get to know the service. We answer three questions: the amount of the deposit (it may be less than the account balance), the purpose of the trade (minimum losses – conservative policy, maximum profit – aggressive policy), type of strategy (reliable, moderate, aggressive). Then the trader only has to choose portfolios from the ready-made list.
Features of working with RoboX and its functionality:
- the minimum deposit to connect to the platform is $ 100. USA;
- commission for work with the RoboX service – 15 dollars. USA per lot;
- it is possible to set up notifications about open and closed positions;
- the Guard function (account control) allows you to set limits on losses;
- there are three modes of opening deals. Automatic opening, opening after confirmation from a trader, opening deals exclusively by a trader, closing automatically.
Before connecting to the portfolio formed by RoboX (there may be several of them), a trader can see the history of trading signals, traded assets, risk level in%, profit, the date of creating strategies for the portfolio.
Summary… RoboX is a platform that brings together trading advisors and selects the best of them. Now there is no need to look for an optimal robot, RoboX will do it itself. A trader can manually adjust the investment portfolio of strategies and open positions, manage risks, or rely entirely on algorithmic trading. The service is unique and for several months of its existence it has earned only a positive reputation. Learn more about this platform from our partner AMarkets and earn on spread rebates with the FxCash rebate service.