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Forex Trading Tips

FREQUENTLY ASKED QUESTIONS

1. What is Forex Trading?
The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized 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

2. What is EA (Expert Advisor)?
Expert Advisors (EA) are used to render the trading process automatic allowing to exempt the trader from continuous watching the market. Many professional traders have a big amount of trading systems allowing them to work in different markets and under different conditions. EA is robotic script written in MQ4 language. It can work in the Metatrader 4 trading platform.

3. I have no experience with Forex Robots. Is it easy to use?
Yes it is easy to use. “BEST MT4 EA“ is based on a new generation technology that allows you with a few clicks to install, run and start earning money. No need to be professional. Everyone can do it. It is completely hands free and the whole process is 100% automated.

4. How can I install “BEST MT4 EA“ ? Is it easy?
Yes it is too easy. Just a few steps and you will be ready to use “BEST MT4 EA“ .

5. Can “BEST MT4 EA“ work when i am away?
Yes “BEST MT4 EA“ can work 24 hours per day from the market opening on Monday to the market closing on Friday. You don’t need to monitor you trades. Our “BEST MT4 EA“ will do it for you. It will monitor the trades, open and close positions automatically.

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6. Where can I download MT4 (Metatrader 4) trading platform?
MT4 is a free trading platform. You can download it from the official web sites of your broker. Here is the list of most popular brokers:  Exness, XM, FXCM, FXTM, Alpari, Tickmill, FBS, Pepperstone, FXPro.

7. What do I need to start trading Forex?
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.

8. Can I use “BEST MT4 EA“ with any broker?
You can use any broker that offers the Metatrader 4 trading platform. But for Best Experienced results we suggest you to trade with Exness, XM, Fbs.

9. Should I trade myself when I use “BEST MT4 EA“ ?
You don’t need to trade yourself. Just turn on “BEST MT4 EA“ and let it trade using your account to bring some profit for you. Of course you can trade manually too. But we recommend that you use only “BEST MT4 EA“ to avoid any loss.

10. Do you offer free updates?
Yes we offer free updates of our robot. Our development team will not stop improving of the “BEST MT4 EA“ and make it competitive on the market under actual market conditions.

11. I don’t have much money. What is the minimum amount needed to start trading?
We know that the money is the main question. We know well that many people don’t have much money to get started. Our robot is made to be able to trade with a minimum amount of money. The minimum amount depends to your brokerage company too. You can start trading with a small amount as $50.

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12. What time frame is recommended to use “BEST MT4 EA“ ?
“BEST MT4 EA“ is designed to work on any time frame.

13. Do you provide customer support?
Yes we provide customer support. Our support team is working 24/7 for you. If you have any questions about our robot don’t hesitate to contact us: bestmt4ea@gmail.com

14. Can I use “BEST MT4 EA“ on other currency pairs??
Yes you can use. Please Backtest before using it in a real trading.

15. What kind of internet connection and computer hardware do I need?
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.

16. Do i need VPS?
If you can’t keep your PC / Laptop on 24 hours a day so better choice is to get a vps service.

17. What will happen if I lose internet connectivity for a short time?
Robot will stop working. You must have to start the robot as soon as possible.

18. I want to Buy “BEST MT4 EA“, How do i pay?
We accept payments by Neteller, Skrill, Bitcoin & Paypal.

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