When it comes to the forex trading, there are a lot of trading platforms that are very useful. One of them is the AVAFX auto trader platform. The best thing about this platform is that it is very easy to handle. To get started, you can use a demo account that will help you to formulate your strategies. Demo accounts provide you with the demo currency of $100,000 which you can use in the trading. Through AVFAX, you can trade with up to 23 various currency pairs. On the performance page, you will find a list of various signal providers. You can easily compare them to pick the best one for you. There are various factors which you can use to filter the signal providers who include Profit, PIP, date started, and much more.
AVAFX allows you to perform some exclusive events that include; your decision to how many trades you choose while opening your account, you can also choose the stop losses on each trade along with lot sizes from each signals provider. The services from the AVAFX uses remote server so it is not necessary to keep your computer turned ON for trading the signals.
If you want to go for the live auto trading accounts, then there are few things that you need to keep an eye on. You must have a minimum investment of $1000. You will be charged just one pip commission on every round trip during your normal trading. This may sound unfair to some traders, but when we compare AVAFX with Zulu trade, we found out that AVAFX is still ahead of its competitor. Signal providing of AVAFX is best among others out there in the market.
When we compared the performance of AVAFX, we found out that it is more user-friendly than Zulu trade. It is very easy for you to compare various trading system components like RAR and factors related to the profit. These are not provided by the Zulu trade. Another important thing to remember is that both the trading platform provides the best possible drawdown for every signal provider. However, if you look at the RAR, AVAFX proved that it is better than Zulu trade. However, if your trading account is over $50,000, you will be qualified for the VIP account which means that you will not be charged one pip commission on your account.
Another important thing to remember: AVAFX appears as an eligible broker for the Zulu trade. This means that if you are not happy with the trading mechanism of AVAFX, you can easily switch to Zulu trade, and it won’t take much time to get familiar with the changes.
Only one downside about AVAFX is their help and support centre, which isn’t very helpful. However, the live chat system does cover up the weakness of the support centre. There is one big question mark about the AVAFX that remains in the mind. This is about the “performance data and hypothetical trading.”
One thing is unclear that whether the signal providers are using live accounts or demo accounts to compare performance data. Along the demo, account is highly potential, but it doesn’t provide much of accurate results as compared to the live accounts.
Overall AVAFX deserves 4 out of five stars, and it is highly recommended.