Autotrade Account

Expert Advisors (EAs)

ITCFX permits the use of Expert Advisors in trader accounts. An Expert Advisor is program that allows for automated trading on the Metatrader 4 platform. These programs are also known as Forex trading robots, and once installed will trade based on the settings defined by the programmer. Some of the benefits and features of Expert Advisors include:

·         Time efficiency – traders need much less monitoring on their portfolios

·         EAs detect market patterns and movements, without the risk of human emotion

·         EAs open and close positions, place pending orders, place and modify Stop Loss and Take Profit

·         Ability to trade across various markets simultaneously: Forex, Commodities, Indexes, Stocks, etc.

·         EAs continuously seek market opportunities and execute trades 24 hours a day, 5 days a week