with verified results
- are fully automated
- reduce risk
- trade 24hrs a day
- are fully automated
- reduce risk
- trade 24hrs a day
Our research indicates that traders are influenced by emotion and instinct, while the limits of the human brain and body mean people can only trade at a certain speed and frequency. MyTradingRobots eliminates these human failings by using our Algorithms to carry out trades based on instructions tailored to a range of scenarios.
This is why 70% of Pro Traders use Robots!
The majority of pro traders use FX Robots and automated trading algorithms to drive their businesses. Our automated trading solutions range from solutions for the novice trader through to comprehensive decision support and automation applications for money managers, brokers, institutions and fund managers.
Fully Automated in Your Broker Account
What Our Client’s Say
“The algorithms easy to install on the trading platform, I was live in 10 minutes after opening my account”
“I always wanted to get involved in the financial markets but wasn’t sure where to start! Running a robot gives me peace of mind as I have a day job I am not stuck in front of the screen all day and can monitor my positions via my mobile – so simple!
“its trades 24 hours a day for me, if there isn’t a currency pair that is performing I check the news to see what would suit my current portfolio and add it, so simple!”
Now Available To Every Trader – Historically, automated trading algorithms have been the mainstay of hedge funds and banks globally. Our mission at MyTradingRobots is to put that same technology and know-how into the hands of all traders, globally. Within a matter of minutes, you could be up, running, trading and making your money work harder.
Founded in 2014 by foreign exchange trading veterans and digital entrepreneurs, IFX Digital was established to achieve one simple goal, to make the very best, specialist market trading know-how available to everyone. In an increasingly global trend, people are taking control of their own financial destiny, and in many cases, this has seen people establishing and trading online foreign exchange, indices and equities trading accounts. We noticed, that for relatively inexperienced traders, the risks of trading far outweigh the benefits. We’ve also noticed that seasoned traders often favour secondary accounts that trade in the mainstream and follow other like-minded traders. So, we decided to do something about it. We have produced a series of trading advisor applications, or automated algorithms, that enable users to automate their trades; increasingly the likelihood of success by copying other successful trades while mitigating risk by reducing exposure to trading positions that are loss-making. Each of our products is configured by individual users, based on their levels of knowledge, experience and attitudes to risk and indeed, reward.
Our team is highly motivated to assist all our customers, be they experienced traders or new to the online trading sector.
The foreign exchange market (forex, FX, or currency market) is a worldwide decentralised over-the-counter financial market for the trading of currencies. The foreign exchange market is the largest and most liquid financial market in the world. Traders include large banks, central banks, currency speculators, corporations, governments, and other financial institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Daily turnover was reported to be over US $3.98 trillion in April 2010 by the Bank for International Settlements, and this compares to the NYSE which is reputed to trade between $80 and $100 billion per day.
An algorithm is a mathematical formula or model that is a specific set of clearly defined instructions aimed to carry out a task or process. Algorithmic trading (automated trading, black-box trading, or simply ‘algo-trading’) is the process of using computer applications that are programmed to follow a defined set of instructions for placing a trade in order to generate profits at a speed and frequency that is impossible for a human trader.
Typically, the defined sets of rules are based on timing, price, quantity or indeed, any mathematical model.
Apart from profit opportunities for the trader, algo-trading makes markets more liquid and makes trading more systematic by ruling out emotional human impacts on trading activities.
Algo-trading can provide the following benefits:
- Trades are executed at the best possible prices
- Instant and accurate trade order placement (thereby high chances of execution at desired levels)
- Trades timed correctly and instantly, to avoid significant price changes
- Reduced transaction costs Simultaneous automated checks on multiple market conditions
- Reduced risk of manual errors in placing the trades
- Back testing the algorithm, based on available historical and real time data
- Reduced possibility of mistakes by human traders based on emotional and psychological factors
IFX Digital’s applications are intelligent trading support applications that can place automatic trades in the main foreign exchange currencies and stock markets globally. Our products are manifested in a number applications that enable users to automate their trading strategies. These applications have been designed, built, tested and used live by a team compromising trading experts and analysts, mathematicians and computer engineering experts. IFX’s products can ‘learn’ in real-time, assessing thousands of trading positions in milliseconds and then emulate the trades that are most successful while discounting trades that do not yield profit. Our technology applications can be configured.
Our applications work with all Metatrader4 (MT4) forex trading platforms. MT4 can be found and downloaded from most brokers’ websites. It is free with most online trading accounts.
Yes, it is easy to use. Our applications are based on a new generation technology that allows you install, run and start earning money within a few clicks. There’s no need to be a professional. Everyone can do it! It is completely hands free and the whole process is 100% automated.
Even installing our application is a straightforward process, although if you need any assistance, our support team will walk you through the process.
The installation process is simple; once you have ordered your 30-day free trial, or indeed, your subscription or outright purchase, we will send you an email with a link to download the product that you have selected. This will enable you to download your chosen product directly into your Meta Trader software platform. There are a few configuration settings that we advise you to undertake, these are straightforward, however our support team will be happy to assist you with this process.
You should always test our applications on a Demo account first to check if your broker is compatible with Powered by IFX Digital applications! Never trade on a ‘live’ account without testing on Demo first!
You can use upgrade your Demo account to a ‘live’ account at any time.
Yes, MyTradingRobots applications can work 24 hours per day from the market opening on Monday to the market closing on Friday, or 24/5 as it’s known in the FX sector! You don’t need to monitor you trades. Our application will do it for you. It will monitor the trades, open and close positions automatically, and keep you updated with your trades in real-time.
If there are good conditions for trade (buy or sell) our applications will take the necessary actions. If there are no good conditions they will wait for the most suitable moment to open an order. And in case you wondered, our applications de-activate once the markets are ‘closed’, so at the weekends, the applications will ‘sleep’ until Monday.
First you need a computer with a minimal hardware configuration and a stable internet connection. Second you need to install Metatrader 4 trading platform. You don’t need to have any additional Forex knowledge because MyTradingRobots applications include detailed User Guide & Installation Manual.
Our applications are designed to trade with an ‘optimal’ balance in your account; our entry level application works best with a balance of $3,000. But, any minimum balance may depend on your brokerage company too. You can start trading with as small an amount as $3,000. We recommend our new customers trade a demonstration or trial account first, so that they can become familiar with how the MyTradingRobots works.
Our products are software applications that our customers install within their own online accounts. We can set up a trading account for you, or you can use your existing account, the only caveat is that each one of our products is associated to a unique account, and that you as the user, are responsible for the management of that account.
We recommend to have a stable internet connection and computer hardware, working without interruptions 24 hours a day from the market opening on Monday to the market closing on Friday. If you need any advice on this matter, give us a call, or request a call back from u, we’ll be happy to advise you on the technology set-up that you’ll need.
You need not worry about your computer losing power of re-booting either; the trades that are currently ‘open’ will stay open until the computers power is restored, no new trades will open until the system will resumes normal trading, as the power is restored. Just start your computer, run Metatrader again, and, ensure that your application is turned on. It will continue trading.