FREQUENTLY ASKED QUESTIONS
The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies. The foreign exchange market is the largest and most liquid financial market in the world. Traders include large banks, central banks, currency speculators, corporations, governments, and other financial institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Daily turnover was reported to be over the US $3.90 trillion in April 2010 by the Bank for International Settlements
Expert Advisors (EA) are used to render the trading process automatic allowing to exempt the trader from continuously watching the market. Many professional traders have a big amount of trading systems allowing them to work in different markets and under different conditions. EA is a robotic script written in the MQ4 language. It can work in the Metatrader 4 trading platform.
gitFlex EA can work with MetaTrader 4 (MT4) platforms. MT4 can be found and downloaded from most brokers’ websites. It is free. Also, you can download it here.
Yes, It does. Just click here and follow up. There is a step by step tutorial,
After download and following the installation steps then you need to run it on your PC, LAPTOP or VPS as well. Note that the MT4 and EA should be running 24 hours a day.
Yes, it can work 24 hours per day from the market opening on Monday to the market closing on Friday. You don’t need to monitor your trades. Our EA will do it for you. It will monitor the trades, open, and close positions automatically.
First, you have to open an account with a broker which has either a low spread or commission. Then, you need to purchase our service plane and that’s all.
You can use any broker that offers the MT4/MT5 trading platform
- Brokers with low spread and commission.
- Leverage 1:500
- ECN accounts are much better performance.
Yes, we offer free updates on our products and services. Our development team will not stop improving the Forex gitFlex EA and make it competitive on the market under actual market conditions.
If there are good conditions for trade (buy or sell) the robot will take the necessary actions. If there are no good conditions the robot will wait for the most suitable moment to open an order.
We know that money is the main question. We know well that many people don’t have much money to get started. Our robot is made to be able to trade with a minimum amount of money. The minimum amount depends on your broker too. You can start trading with a small amount of $500. But don’t forget the fact that trading with a small amount may be a disadvantage because you will only be able to trade the market in small sizes. The recommended capital is $10,000 of course you can test it with a Demo account first.
Yes, it does. The EA will not touch any other trades, Although We don’t recommend
The EA was designed to work on the H1 timeframe. But you don’t need to set up the MT4 timeframe. Because it does not affect the EA performance.
Yes We do, Our support team is working 24/7 for you. If you have any questions about our robot or about our website don’t hesitate to contact us.
Yes, But it does not affect. The EA caching the signal from our server and master EA provider. You can run it on any pair.
You should always test your Expert Advisor on a Demo account first to check if your broker is compatible with the EA. Never trade on a real account without testing on Demo first!
The best solution for that is a VPS. As we said the EA should running 24 hours in 7 weeks.