Automated trading allows you to make a profit with the least amount of time and effort. If you prefer to trade with your mobile phone, which application is best for you？

Today, almost anyone with a stable internet connection can start trading and profit from it.。This certainly makes forex trading easier, but it doesn't change the fact that trading is risky and a bit difficult to manage, which is why automated trading is so attractive to many traders.。

Automated trading is a strategy that uses programs or software to execute trades based on a set of predetermined rules.。In other words, the trader only needs to determine and arrange the rules and let the computer execute the trade after all the conditions are met。Automated trading comes in many forms, but the most popular is documentary trading, which basically allows traders to follow and profit from the strategies of other traders.。Even better, some documentary trading platforms can now be used not only on the PC side, but also on mobile devices。

Reasons for Using Automated Trading

The most obvious advantage of using automated trading is improved order entry. When a trading opportunity appears in the market or your single trader opens some positions, you can immediately open a position。Since the foreign exchange market can be very volatile at times, a few seconds can have a huge impact on the trading results, which can also save you time, because you don't need to stare at the screen all day, just let the software complete the task。

In addition to this, automated trading can help you keep the principles of trading。Unlike regular trading, automated trading has no room for hesitation when trading。All rules are absolute, so there is no loss for emotional reasons, such as the fear of losing money or the desire to make more profit than originally deserved。Having said that, you can also use this opportunity for backtesting。The system does not make guesses at all, so you just set the rules and check the effectiveness of the strategy through automated trading。

Especially when following orders, you may not be able to control your position well。But if you choose the right trader, you can make a lot of money with very little effort。

Best Mobile Automatic Trading Platform

When it comes to automated trading platforms, you can choose between two types depending on the platform provider。First, the platform provided by forex brokers can be found in brokers that offer documentary trading capabilities.。Conveniently, their services can be accessed through various devices, including mobile phones。All you need to do is download the app on the Play Store。

However, if your broker does not offer a mobile app for automated trading, then you can choose to use a standalone platform such as ZuluTrade。In order to understand which platform is best for you, let us look at the details of each platform below。

FBS

As the name suggests, FBS Copy Trade is a mobile documentary trading platform provided by FBS。Founded in 2009, the broker is known for offering a variety of trading tools and services, including forex trading, CFD trading, and more.。FBS has excellent security measures because it is regulated by ASIC, the International Financial Services Commission (IFSC) and others.。

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Since 2009, FBS Holding Inc.(FBS) achievements in the field of foreign exchange transactions have been recognized by various international institutions.。As of 2019, the number of FBS clients reached 14 million, winning the most transparent Forex broker in 2018, the best investor education in 2017, the best customer service broker in Asia in 2016, the IB Forex program and many other titles.。

FBS is regulated by Belize IFSC and Cyprus CySEC。The broker is trusted by millions of traders and 370,000 partners from all countries.。According to the data, FBS has about 7,000 new trader and partner accounts every day.。And, 80% of customers will stay in FBS for a long time。

Trading products offered by FBS include Forex, CFD, Precious Metals and Equities。For Forex trading, CySEC-regulated FBS provides leverage of up to 1: 30 for cent accounts and standard accounts。Customers who want to try higher leverage can also register an account with FBS Belize。

In all types of accounts, the spread is from 1 point。Volume orders in standard accounts can be 0.01 to 500 lots, it is recommended that experienced traders use the account。

And on the cent account, bulk orders can be executed up to $500 breakups or the equivalent of 5 standard lots.。Cent accounts involve varying degrees of risk。FBS recommends cent accounts to beginners。All account types support the following trading instruments: 28 currency pairs and 2 metals。

Before entering the real Forex market, traders can practice using the FBS demo account, which is divided into two types, namely standard account and cent account。

Using the MetaTrader 4 and MetaTrader 5 platforms, FBS provides services on Windows and Mac, as well as Android and iOS mobile devices, providing traders with a trading experience at their fingertips, allowing traders to trade anytime, anywhere。

The MetaTrader platform also has a variety of key features, including the creation, purchase and use of Expert Advisors (EA) and scripts, one-click trading and embedded news, technical analysis tools, documentary other traders, hedging positions and VPS service support。

Another advantage of FBS is that customers who meet specific requirements receive a 100% deposit bonus and the deposit and withdrawal process is fast and convenient.。According to the customer, in addition to holidays, usually no more than 3-4 hours。

In order to increase the security of client funds, FBS also offers segregated accounts where 70 per cent of funds can be deposited with the client's bank; in addition, the margin is between 10 and 100 per cent.。If the trader loses funds in the course of trading but is insured, FBS will refund the trader's funds。

Traders have the opportunity to develop a side business when trading with FBS, i.e. as an economically recommended (IB) or affiliate。The commission provided by the FBS partner system is already at level 3, and traders can only earn additional income if they introduce new customers to FBS according to certain procedures。

Traders will also gain trading education experience at FBS。They have prepared a comprehensive foreign exchange course divided into 4 levels: beginner, beginner, intermediate and advanced。Traders can take courses that transform them from novice to professional, all materials are well structured。In addition, FBS offers a variety of forex analysis, webinars, forex news and daily market analysis that can be easily accessed on its website。

Traders can visit the official FBS website, which is available in multiple languages, including English, Dutch, Italian, French, Portuguese, Indonesian, Spanish, etc., and also provides live chat support 24 hours a day, 7 days a week。

In summary, FBS is a well-known broker among global retail traders。Due to flexible trading conditions, customers are able to use a variety of instruments for trading, low deposits, etc.。

In addition, documentary trading is one of the most interesting features of FBS because it can be used as an application for tablets and smartphones。Alternatively, you can download the file in APK format from the official website of the broker。It is also very easy to open an account with FBS。

In FBS documentary trading, you can choose to register as an investor or trader。If you plan to follow this strategy, you should join as an investor.。This feature is suitable for those who do not have enough time or experience for regular trading。At the same time, if you are confident in your skills and want to earn extra income by having other traders follow your strategy, you can join as a trader。In return, you get a commission every time someone orders your strategy。

FBS Copy Trade has a user-friendly interface for easy trading。The app lets you browse through many different policies and shows details of each one so you can understand them。You can see the trader's profile, which includes a lot of personal information such as name, profile picture, earnings history and recent trading performance。You can then put this information together and determine which trader is best for your trade。

In addition, you can also choose Risk-Free Deal investment, that is, 10% automatic stop loss。If a stop loss is triggered, the broker will compensate the client for the loss。But remember that the special offer only applies to 3 trades (one trade applies to 3 different traders)。

eToro

eToro is a popular broker that is known to focus on social trading and offers one of the best follow-up trading platforms。The broker has proven to be trustworthy as it is regulated by CySEC, ASIC, FINRA and FCA。For additional security, the platform uses advanced encryption and requires users to complete two-factor authentication (2FA) after registering an account.。

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Founded in early 2007, eToro's mission is to make transactions available to anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。

eToro (Europe) Limited is a financial services company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number # 109 / 10.。Meanwhile, eToro (UK) Limited is regulated and regulated by the Financial Conduct Authority (FCA) under license number FRN 583263.。

As foreToro AUS Capital Pty Ltd, whose legal status is recognised by the Australian Securities and Investments Commission (ASIC), provides financial services under Australian Financial Services Licence 491139。

As a belonging4-digit broker, eToro offers both short-term options for day traders and long-term options for investors, such as their innovative CopyPortfoliosTM, a fully managed thematic portfolio。

自Since 2007, eToro has been at the forefront of the fintech revolution.。The latest is CopyPortfolio, which was launched in 2017 and is powered by machine learning Al。In addition to developing CopyPortfolio, the company also integrated Microsoft's machine learning technology into Momentum DD.。

NewThe CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders who are most likely to earn double-digit returns and bundles traders into a fully managed portfolio.。eToro has hundreds of financial assets available for trading, including stocks, commodities, crypto assets, currencies, indices and ETFs。Each asset class has its own characteristics and can be traded using multiple investment strategies。

Certain positions on eToro involve ownership of underlying assets, such as non-leveraged positions in equities and crypto assets。Using contracts for difference (CFD) will make various options possible, such as leveraged trading, short (sell) positions, fractional ownership, etc.。For example, a trader can invest in gold at a minimum amount of $100, even if the price of a single unit of gold is $1,000.。eToro's most popular CFD commodities include gold, oil, gas, silver and platinum。

Currency can only be used asCFD Trading on eToro。In addition, CFD allows for short selling (short) positions and leveraged trading, even for assets that do not offer this option in traditional trading.。Some popular currency pairs include EUR / USD, GBP / USD, AUD / USD, USD / JPY, and USD / CAD。

In addition, exchange-traded funds (ETF) is a financial instrument consisting of several assets, used as a tradable fund。After opening an eToro account, traders can invest at least $250 in an ETF that sells for $500.。Some popular ETFs on eToro include SPY, VXXB, TLT and HMMJ。

However,eToro also provides additional functionality through the use of CFD trading。All leveraged ETF positions in the UK are regulated by the FCA。Meanwhile, all CFD positions executed by eToro Australia are regulated by ASIC.。

The company also has other advantages。of all tradable financial assets,eToro does not charge any deposit or transaction fees other than spreads。

eToro charges $25 for withdrawals, with a minimum withdrawal amount of $50。holdings of cryptocurrencies, stocks andETF non-leveraged long positions are not executed as CFD and no fees are charged。eToro charges overnight or weekend fees for CFD positions, such as leveraged positions and short (sell) orders。

Update of fees always applies to open positions。Fees are subject to change at any time and may change on a daily basis based on market conditions without prior notice。

As a beginner, traders can useeToro's documentary trading function。Unlike the features of other brokers, traders can follow the strategies of professional traders for free, without splitting into profits。因此 ，100% of the profit goes entirely to the trader。For example, when Trader A, who is followed by Trader B, generates a 10% profit this month, Trader B also earns a 10% profit.。

The company is the world's leading social trading network.。因为eToro operates in complete transparency, and each trader has valuable information in their eToro profile, so it is helpful for other traders interested in following their trades when creating their best portfolio。

Another unique feature of eToro is personalized social news subscriptions。Just like on any social media, traders can post their own updates in a subscription, comment on other people's posts, and gradually create a subscription that suits a trader's trading and investing interests.。在在On the eToro social trading platform, traders will also be notified when there are new posts and other important updates from traders。

Share4You

Share4You is a documentary trading platform backed by broker Forex4You。The broker was founded in 2007 and currently operates in the British Virgin Islands under the license of the BVI FSC (Financial Services Commission).。As we all know, Forex4You is a beginner-friendly broker with various offers such as a wide range of trading assets and fast trading。

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Forex4you has largely gone unnoticed since offering its services in 2007, although its trading conditions are considered one of the most flexible among other forex brokers.。The broker is based in the British Virgin Islands and is currently regulated by the British Virgin Islands Financial Services Commission (BVIFSC), the local financial regulator.。

After opening an account at Forex4you, traders can choose leverage up to 1: 1000 thanks to the relatively loose policy of the BVIFSC。Forex4you classifies account types by execution, with two of the four available accounts using instant execution (Cent and Classic), while the remaining two require market execution (Cent NDD and Pro STP)。For traders who choose an instant execution account, no trading commission will be charged, but the spread is a bit high because it is in the range of 2 points (the lowest); on the other hand, despite the commission of $8 per lot, the account type with market execution function can still provide 0.Floating spread of 1 point。

Forex4you does not offer an overnight interest-free feature, so the broker is not Sharia-compliant。Nevertheless, it is worth noting that the broker offers an alternative to trading on the platform, so if traders feel restricted by MetaTrader4, they can try to trade on another platform with a new interface。The platform is Forex4you's unique trading technology, available on WebTrader and mobile apps。

Forex4you also highlighted their own social trading platform, Share4you, which allows all traders to play the role of leader or follower.。Both sides have a common advantage because the leader can get additional fees from followers, and followers can follow orders to make trading easier and more reliable because the signals come from more experienced traders。

In addition to innovations in trading platforms and social trading facilities, Forex4you is also quite transparent in terms of liquidity providers for its forex pairs.。However, they do not have a specific page of contract specifications specifically for other classes of assets。

Payment methods in Forex4you are very limited and only available for bank transfers, Neteller, Skrill, WebMoney and credit cards (Visa and Master cards)。The broker claims to have more than a million accounts worldwide, so Forex4you is one of the stable-performing forex brokers, even if its popularity hasn't skyrocketed because of an intense marketing program.。

What makes Forex4you trading stand out is the remaining cent account, which allows traders to trade at contract sizes as low as 1,000 units per lot.。Ultra-small trading volumes have been notorious for traders who want to trade in real accounts with very low risk。However, as retail traders appear keen to take on more risk, the number of brokers offering the cent function is tapering off.。However, Forex4you still retains its cent account, not only offering one type, but also two execution types, so beginners can make their own choices in terms of commission or other spreads。

All in all, if you are looking for flexible trading conditions and an advanced social trading platform, Forex4you is one of the top choices for forex brokers。In addition, the remaining cents account offers an interesting option even for experienced traders looking for an alternate account to try out new strategies。Nevertheless, since the company is registered in an offshore jurisdiction, large transactions are not recommended。

Share4You is a fully automated documentary trading platform for mobile users。While it's not as big as eToro, it's definitely worth a try, and it's been in operation a few years before FBS Copy Trade.。Basically, the broker makes a list of active traders on the platform。Potential documentary traders can then join their accounts。By doing so, the trader's strategy is automatically followed to the account of the documentary trader.。If the trade is successful, the acquirer shall pay the trader a commission of a certain amount from its profits.。

If you want to be on the list and have someone follow your strategy, just trade normally and make a profit, your account will automatically enter the broker's rating。The higher your rate of return, the higher your rating ranking and the greater your chances of attracting documentary traders。

Share4You provides an excellent execution speed of a few milliseconds (ms), which is one of the fastest execution speeds in the market. You can follow the strategy as soon as possible and minimize the risk of loss due to rapid market fluctuations。Another benefit is flexibility, as there is no limit to the number of traders you can follow。So you can diversify your portfolio and make any number of trades, and you can also disconnect your account and stop documentary at any time。

ZuluTrade

ZuluTrade is the only non-broker-specific platform on this list。The platform was first released in 2007 and has since gained huge attention。Today, ZuluTrade serves users from more than 150 countries, with more than 90,000 traders on the platform to choose from.。Essentially, the platform allows traders to follow the strategies of expert traders。Not only that, traders can also leave feedback and share their thoughts on the platform。

At least 70 brokers are currently integrated with ZuluTrade。If your broker is one of them, you need to go to ZuluTrade and select an expert to follow。Keep in mind that the minimum deposit amount varies from broker to broker, some may only charge $1, while others require $300。

Conclusion

Automated trading is an effective solution to increase potential profits and minimize the risk factors present in manual trading. It is suitable for beginners and traders who are too busy to execute trades in person and always look at the computer screen.。Since automated trading and documentary trading are now available to mobile users, you can more easily view your progress and manage your transactions。

When choosing the best platform, you need to consider many important factors, such as transaction fees, execution speed and risk level, so you need to do research in advance and find the best platform for you, just read the terms and conditions on the platform website or Read user reviews。Finally, do not forget to check the compatibility of the application with your device。Ensure sufficient memory space and a stable Internet connection for a smooth trading experience。