Introduction

When it comes to online trading, there are a lot of different options available. But when it comes to choosing the right platform for your needs, it can be difficult to know where to start. If you’re looking for a comprehensive review of FXAutomator.com, then you’ve come to the right place. In this post, we’ll take a look at everything you need to know about this online trading platform, including their regulations, platforms, instruments and user ratings.

About FXAutomator

FXAutomator is an online broker that offers forex and CFD trading. The company is headquartered in the United Kingdom and is regulated by the Financial Conduct Authority (FCA). FXAutomator offers the MetaTrader 4 and cTrader trading platforms. The broker provides leverage of up to 1:500 and offers a wide range of currency pairs, precious metals, indices, and commodities for trading.

FXAutomator was established in 2014 and is owned by Fulcrum Media Ltd. The broker is registered as a money service business with HMRC in the UK. Deposits and withdrawals can be made via bank wire transfer, credit/debit card, or e-wallet. Customer support is available via live chat, email, or telephone.

Regulation

There are many different regulatory bodies around the world that oversee Forex brokers. In the United States, the most popular regulatory body is the National Futures Association (NFA). The NFA is a non-profit organization that self-regulates the futures industry in the United States. They create rules and regulations that all NFA member firms must follow in order to protect consumers and maintain fair markets.

The NFA requires all member firms to be registered with them and to comply with their rules and regulations. All member firms must also submit to periodic audits by the NFA to ensure compliance. FXAutomator.com is a registered member firm of the NFA (#0525821).

In addition to being regulated by the NFA, FXAutomator.com is also registered with other major regulatory bodies around the world, including:

The Financial Conduct Authority (FCA) in the United Kingdom

The Australian Securities & Investments Commission (ASIC)

The Cyprus Securities & Exchange Commission (CySEC)

These registrations allow FXAutomator.com to offer its services to clients from all over the world.

Platforms

When it comes to online trading, the platforms and instruments offered by a broker are of utmost importance. This is why we have carefully examined the offerings of FXAutomator.com in this regard.

FXAutomator.com offers the popular MetaTrader 4 (MT4) trading platform which is widely used by traders around the world. The MT4 platform is well-known for its user-friendly interface and advanced features such as charting and technical analysis tools. In addition, the platform supports automated trading with expert advisors (EAs).

Instrument-wise, FXAutomator.com offers a good selection of major, minor and exotic currency pairs as well as CFDs on commodities, indices and cryptocurrencies. We also like that margin requirements are relatively low at just 2%.

All in all, we are impressed with the platforms and instruments offered by FXAutomator.com.

Instruments

The foreign exchange market, or forex, is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.

The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency’s absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: 1 USD is worth X CAD, or CHF, or JPY, etc..

The foreign exchange market assists international trade and investments by enabling currency conversion. For example, it permits a business in the United States to import goods from European Union member states, especially Eurozone members, and pay Euros even though its income is in United States dollars. It also supports direct speculation and evaluation relative to other currencies and instruments traded in foreign exchange markets.

User Ratings

User ratings play an important role in helping potential customers make informed decisions about whether or not to use a particular product or service. In the case of FXAutomator.com, users have given the website high marks for its range of features and tools, as well as its overall user friendliness.

In particular, users have praised FXAutomator.com for its easy-to-use interface, which makes it simple to find and use the site’s various features. They’ve also been impressed with the site’s wide range of currency pairs and other instruments, which gives traders plenty of options to choose from. And finally, users have been happy with the site’s regulatory compliance record, which ensures that their funds are safe and secure.

Pros and Cons

Before trading with any online broker, it’s always important to do your due diligence and research the company. In this review, we will take a look at FXAutomator.com, an online broker that specializes in forex and CFD trading. We’ll go over the company’s regulation, platforms, instruments and user ratings to help you decide if they are the right broker for you.

Regulation

FXAutomator is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 109/10. CySEC is a respected regulator in the forex industry and requires brokers to meet certain standards, such as maintaining minimum capital requirements and segregating client funds. This gives traders some peace of mind that their funds are safe and that the broker is operating legally.

Platforms

FXAutomator offers two main trading platforms: MetaTrader 4 (MT4) and their own proprietary platform, Webtrader 2.0. MT4 is one of the most popular forex trading platforms in the world and is known for its user-friendly interface, advanced charting features and extensive range of Expert Advisors (EAs). Webtrader 2.0 is FXAutomator’s own web-based platform which offers a more simplified interface than MT4 but still includes some powerful features like live market newsfeeds and one-click trading. Both platforms are available for desktop, web and mobile so you can trade

Conclusion

All in all, we believe that FXAutomator.com is a reliable and user-friendly forex broker with a wide range of features and benefits for its clients. We would recommend this broker to both experienced and novice traders looking for a reputable company to trade with. If you have any further questions about this broker, feel free to contact their customer support team who will be more than happy to assist you.