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YourAlgo trading app - the next level of robot trading
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YourAlgo trading app - the next level of robot trading

created Forex Club22 Września 2020

Forex robots have become extremely popular in recent years. This was due to their ability to provide traders with ready-made investment plans in real time. Based on the programmed code, the robots can run flawlessly, without emotions and 24 hours a day, 7 days a week.

In the opinion of experts from the industry Expert Advisors (EA) and Forex robots, even approx currency market uses various types of algorithms. Some professional traders even depend entirely on them.

With that in mind, the high prices associated with premium bots; essential add-ons such as: Virtual Private Server (average for $ 20 per month); the need for constant monitoring (regardless of the quality of communication and possibly the lack of important updates) discourages new investors from using them. People also forget that trading skills are required to successfully use robots. Knowing the details of a particular strategy is crucial.

And so the question arises - do you really know what the slot machine (EA) of your choice does?

Youralgo enters the game

Youralgo has created a platform where developers creating their own Expert Advisors can offer investors access to their algorithmic trading solutions. Access is granted through your own Real account, which it resembles MAM account. Thanks to this solution, investors do not have to buy EA or VPS. Everything closes in the procedure: "Click and copy".

youralgo ios

While copy trading is nothing new, Youralgo has created a sophisticated app regulated by British financial market supervision FCAwhere investors can choose any strategy and still have a say in managing capital. This means that they still have full control over their funds and the risks they take within their account. What's more - all accounts available for copying are real and filled with real funds. Only 50 strategies (only the best performing ones) are displayed in the app, screening out those with poorer earning prospects.

On the other hand, Youralgo gives EA developers the chance to become regulated managers of their own "funds" and prove that their EA strategy is effective. The fact that you can only operate on real account and capital helps a lot to filter out truly effective trading systems from frauds and machines based on extremely high levels of risk.

Downloading the application is completely free, and in case of problems, you can count on English-language support that will help you configure and use Youralgo in practice. After downloading the application (IOS or Android), we can test and adhere to any strategy without time limits.

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About the Author
Forex Club
Forex Club is one of the largest and oldest Polish investment portals - forex and trading tools. It is an original project launched in 2008 and a recognizable brand focused on the currency market.