Software

Yes. If your platform runs on a Mac, so does the EA.

Yes. When you switch off the computer you also switch off the EA. To prevent this you can choose to use a VPS server.

Yes, we allow you to test any of our algorithms in a demo account for 30 days, free of charge

If you trade 20 standard lots monthly, our partner broker offers the VPS service for free. In case you trade less our VPS providers will charge you a small monthly fee.

General questions about Forex Robots

No. An EA is used to improve your trading, not to make huge profits. We concentrate mostly on money management parameters instead of making money indicators. We strongly believe that robots help to improve trading, however robots have flaws too. That is why we at unitedforextraders are constantly working on adjusting parameters so that your robot funtions exactly the way you want.

On the internet you are able to find over 100.000 Forex Robots or Indicators and they all have one thing in common: They will make you rich!!

If it would be so easy we would not exist. Most Robots are not updated or don’t even exist anymore. We believe in the combination of robots and human monitoring.

Because we don’t believe in back testing. 100% of all back tests out there show positive results. In order to identify a good strategy we recommend to try it yourself in real time.

Best is to test an EA in a live account. Not that there is a difference in a demo or live EA, but it depends on the servers which the broker uses. There can be a slight difference in data feed between a demo and a live server.

No. We have an exclusive partnership with Axitrader and Varianse for all the important reasons. Both brokers are FCA regulated, EA friendly and they offer competitive spreads and charge no deposit or withdrawal fees.

Robots that make money you can’t buy, simply because they don’t exist. Why would someone sell a successful algorithm if it makes great profits? Stop believing in miracles and be realistic. Robot trading is a lot  easier than manual trading but still needs attention.

Trading

For trading a forex robot or EA you need to first download the MT4 platform by just opening demo or a live account. For this you will need a laptop or a desktop computer, After this has been completed, we will help you installing the EA on your trading platform.

This depends on the EAs parameters, but mostly we recommend you to start from $3000.

Yes, you can switch an EA on or off at any given time. Also during volatile market sessions it can be wise to switch off your EA.

Yes. At any time you can contact our support desk who will help you to adjust the parameters in case you would prefer this.

We charge a 1 pip markup per round turn trade.

Broker and account opening

No. We have an exclusive partnership with Axitrader and Varianse

Yes, they are both FCA regulated whereas Axitrader is also ASIC regulated.

After your account has been approved, you can login to the clients portal of both Axitrader and Varianse where you can select many funding methods.

After the first month we will pay up to $100 into your trading account in case your balance shows a loss. Minimum deposit is $3.000.
For example: if your balance will be at $2700 after you started trading with $3.000, we will pay you back $100.