Automated trading, also known as algorithmic trading or black box trading, is a rapidly growing trend in the global forex market. This technology-driven approach has become a go-to trading style for modern traders looking for ways to simplify the trading process with the help of advanced trading systems. New-age traders and even traditional traders are trying to automate their strategies for a seamless trading experience. In this introductory guide, we will explore the basics of automated trading in forex, including how it works, its advantages and disadvantages, and how to start auto trading forex, and we will also answer some relevant FAQs by the end. 

What is Automated Trading?

Automated forex trading using computer programs or algorithms to execute trades in the foreign exchange market. These programs are designed to identify trading opportunities and execute trades based on predetermined rules and parameters. One of the primary advantages of automated forex trading is that it removes the emotional and psychological factors that can impact trading decisions. Automated trading can help traders avoid the impulse to make emotional trades based on fear or greed by relying on algorithms and predetermined rules. Learn More