Using ForexHero For Your Forex Trading Signal
There are several ways to use ForexHero. For those who want a fully automated experience, where the Forex trading bots will execute buy and sell orders on the brokerage directly, they can use CityIndex, our preferred brokerage partner.
There are others who prefer to stick to their existing brokerages. In this case, they can simply use ForexHero as part of their decision making process to place orders for forex instruments. Many times, we tend to trade when the instrument is skyrocketing or sell when the latter is at a low. Human emotions – greed and fear – are the causes for making such trading mistakes.
In order to trade forex effectively, we need to buy low and sell high. More often than not this is easier said than done. This is why a forex robot software like ForexHero can be a great forex trading companion.
A trader can simply use ForexHero’s inbuilt Paper exchange and configure the bots to trade on the preferred instruments. ForexHero’s Paper exchange simulates the real price movements of the forex and any trades placed in the Paper exchange does not involve real money.
ForexHero offers email, app notification and SMS for notification options.
Whenever a bot places a trade on our Paper exchange, the user will be informed and he or she can make the decision whether to execute the trade in the live brokerage account.
Join thousands of users who are already using ForexHero to help them trade the forex market more effectively. Less emotions. More intelligently.