What Is AVAFX Autotrader?
Avafx has a Forex autotrading service called Avafx Auto Trader, a platform with the intention of allows its Forex brokerage clients to point out from various trading signals providers and be inflicted with persons signals traded involuntarily in their live trading tab.
With a emancipated 30-day sample, decent web-based platform and wide-ranging signals performance, the Avafx Auto Trader is a very skilled broker-based service to look by as comparing autotrading providers. This service does occur highly recommended pro traders looking to add autotrading to their Forex portfolio.
Firstly, the Avafx Auto Trader platform is positively straightforward to navigate and start up its 30-day sample. The sample allots an tab of $100,000 to trade with. Avafx allows trading on 23 uncommon currency pairs. The performance leaf is very wide-ranging to compare and point out from the hundreds of expert trading indicate providers: You can filter the trade indicate providers by profit($), max magnet down, profit thing, appointment ongoing, mean kernel profit, winning percentage, and currency duo.
You can furthermore fit your most digit of trades with the intention of you fancy to be commence pro your trading tab, your ration sizes for every indicate source, or most bring to a standstill losses for every trade source. Right away you can pick up to 10 uncommon indicate providers, point out pairs and ration sizes, and be inflicted with the platform take ended from here, involuntarily trading your tab with your selected trading signals. Your notebook does not need to be on pro the signals to be traded in your tab, as this service uses a remote member of staff serving at table.
Now, to energy live with a live autotraded tab here are a hardly any rules. Your trading tab smallest investment is $1000. Also, Avafx charges you 1 kernel commission on all around tumble trade on top of their habitual apply to aid their autotrade logic.
Seem unfair? Not really. Comparing ZuluTrade to Avafx Auto Trader, Avafx in fact comes made known on top. Yes, ZuluTrade does not charge a commission, however comparing the preeminent indicate providers, Avafx appears to be inflicted with the preeminent performing signals.
Avafx’s performance comparison is in fact much more user-friendly than ZuluTrade’s performance leaf: You can quickly compare valuable trading logic factors like expose adjustment rate (RAR) and profit thing which cannot even be single-minded on ZuluTrade.
Both sort out provide most drawdown pro all indicate source, which is lone of the generally valuable. But as looking by the RAR, whole pips accumulated on bad terms by max magnet down, the Avafx providers be inflicted with a much better RAR than the ZuluTrade signals providers. Is with the intention of worth the 1 kernel commission for every trade? Absolutely. Now, if your trading tab is $50,000 or more, you are at that time a celebrity level tab which earnings you will not be charged the 1 kernel commission and you will make a better deal on the spreads as well.
Another business to annotation: Avafx is an standard adviser pro ZuluTrade. So, if you try made known Avafx Auto Trader signals and are not impressed, at that time it will be very straightforward to fit up a ZuluTrade tab using Avafx as your adviser.
On the unenthusiastic feature, the Help section and Support Center are not very caring regarding the Auto Trader. However, the Live chat help was very open and they answered generally of my questions quickly. There was lone question with the intention of remains with Auto Trader: Here is a very generous disclaimer by the underside of the trading platform in this area “Hypothetical trading results and performance data”.
It is doubtful if Avafx Auto Trader signals providers are using live trading accounts or DEMO accounts pro their trading performance data. I would think with the intention of DEMO trading is likely to be a reduced amount of accurate than live trading performance data. Avafx support did not answer this question frankly.
Also the Avafx Auto Trader does not be inflicted with the Margin-call-ometer with the intention of ZuluTrade does, which is a very kind figure with the intention of explains and guards hostile to tab margin calls. However, Avafx’s platform does be inflicted with approximately decent facial appearance to help clients wait clear and not margin call their accounts.
Inside prose this assess, single a sample tab was used to try made known the logic and platform. Avafx insists with the intention of the platform and service are identical whether trading sample or live with them.
Overall the Avafx Auto Trader receives 4 stars and comes highly recommended.