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As with any tool, automated Forex trading software comes with disadvantages as well as benefits. Some of these include: Scams related to the sale of autonomous trading software - not every program out there will perform the way you want it to, which can make it easy to spend money with no benefit.

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A forex robot (aka "expert advisor") is software that trades a strategy for you. They run inside your forex terminal and can be attached to any currency you choose. Using advanced calculations they open and manage forex trades for you according to a specific strategy. Every EA is different. Use more than one at the same time for best results.

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