What are Forex Robots?
A Forex robot is a program that makes trades automatically. It will use an algorithm that tracks price movements and uses strategies and signals to determine how it will trade for Monaco traders. The purpose of Forex robots is to allow Monégasque to be profitable without spending any time on research or executing their trades.
Some Forex robots are built into the Monaco trading platforms. Others can be installed and downloaded separately. MetaTrader (MT4 and MT5) have quite a few robots available for Monaco traders.