Australian foreign exchange and CFD broker, Pepperstone has just announced a new service on their site, RoboX. This facility is an automated, forex-oriented algorithm developed by Tradency, a popular financial technology provider. This technology has recently been featured on various company websites.
RoboX can create trading strategies considering the trader's style and a large number of algorithms. Algorithmic trading, or algo trading, is when a computer follows rules regarding opening trades. The goal is to make profits more often and faster than manual trading.
With this facility, traders will be more helpful in determining trading strategies. Moreover, this strategy is based on robot analysis of each trader's trading style. So that each trader will have a unique strategy to be able to make profits faster.
Broker Pepperstone can also be one of your choices because it provides super tight spreads and fast execution. Australia's largest broker provides trading facilities for various assets at low fees, including forex, gold, oil, and CFDs.
In addition, the Pepperstone broker has a strong legality guarantee thanks to the license from the Australian regulator ASIC. Client funds are also kept in separate (segregated accounts) bank accounts at top Australian banks, including National Australia Bank (NAB).
Pepperstone also provides 11 trading platforms: MT4 for desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad/Tablet, MT5, WebTrader, cTrader, cTrader WebTrader, cTrader calAlgo, and cTrader Mobile. Traders can choose a platform that suits their needs and trading style.