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In this case, trading with EAs will be stopped, which can harm your trading account. The free EA may be granted only once for a single person. Free Forex robots: profit or scam? If you just decided to trade Forex automatically you have probably thought about the possibility of beginning with some free robot just to learn more about this way of trading and to become more confident before purchasing a commercial one.
And it is the right thing to do but it is important to understand that not all of the free Forex robots that you might find on the Internet are good for any kind of trading. Moreover, most of them are actually very close to what can be called trash. It is obvious that no one would give you something for free having no benefit from it.
Most of the so-called free Forex EA is actually either: Just another way to make you invest money in some Forex broker; Some hacked systems that are actually made for commercial use often do not work correctly; Just some trading systems that are no more valid for real trading since they are old and have no support and updates. Anyway, in most cases, those "free" systems can cost you a lot more than you would spend for a good commercial EA.
In every case mentioned above, there is a big risk for your deposit to be destroyed, especially in the last two of them because those systems have no updates, support, or guarantee of quality. In other words, it is extremely dangerous to trust them with real money. They can be used only on a demo account for learning purposes. But there is a big difference in the case of the Forex robot that you can download here. We represent you real commercial EA you can download for free which has live trading statistics, technical support, and updates.
Since ForexStore is a big well-known Forex robot marketplace we care about our reputation and give our customers only quality products. The Forex robot for MT5 and 4 that is available for free here is just a special offer from ForexStore which is intended to introduce you to Forex and robo trading. You get a full version of the commercial Forex robot with all the features of the system included forever. There is no benefit we get by giving you the EA for free.
It is just a promotion that is meant to attract more interested Forex people to automated trading. Benefits of the Forex robots Manual Forex trading is a complicated thing to do that requires years of experience to be a pro. And even pro traders can make mistakes due to different reasons. Even small things like tiredness, hunger, or sickness can affect manual traders since we all human. But it is the opposite if talking about the automated Forex trading systems.
Unlike humans, the automated trading system can bring profit even at night or on holidays. In this video I will show you how to quickly and effectively take the free Forex fireball robot and get it working for you in no time. If there is something you missed in the video you can easily pause as you follow through or rewind. So just download the zip file, put the free Forex robot file in the Metatrader4 experts folder and you will be up and running.
I will be producing another video shortly just updating the process, making it a bit easier to walk through and showing you some of the potential trade results as well. Thanks for spending the time to utilize my free robot, and I hope it helps you learn about automated trading while growing your trading accounts simultaneously. So, if you get tired of the Fireball bot, then you are welcome to the Fiverr moving average, trailing stop EA.
They can both be used in the same MT4 platform at the exact same time, so it doubles your opportunities.
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