Most traders and people do not have time to spend hours of their busy lives on live trading charts and terminals. Often trading can sometimes feel like a difficult world filled with strategies and knowledge too hard to grasp for the everyday person.
Well, this is where the DIFX Algo Trading comes in! A hassle-free trading experience to let you trade with your unique strategies and instructions.
But what is Algo Trading?
Algorithmic trading is also called automated trading, black-box trading, or simply Algo-trading uses a computer program that follows a defined set of instructions (an algorithm) to place a trade. An algorithmic trade can in theory generate profits faster and more frequently than an individual trader could.
DIFX ALGO TRADING
A DIFX user can now set up their own Algo trading bot on the DIFX MT5 platform to leverage the maximum advantages that automated trading provides. Even if you don’t have a programming background, you can utilize the expert DIFX advisors to help create your very own custom trading bot integrated with your unique strategies and preferences. You even get the chance to test your bots in a simulated trading environment and make the necessary changes to optimise in real-time. The DIFX Algo traders will also have access to the graphical representations of all statistical data generated from the bots and use the inbuilt analytical tools to assess risk factors, expected payoffs and much more.
Key Benefits of ALGO TRADING
Minimization of emotional trades
- Algo trading allows users to minimize the emotional aspect of trading and focus more on the data. These traders are less likely to make emotional transactions that occur due to market changes and use the tested generated strategies of the bot instead.
Execution of timely trades
- The programmed trading bots allows users to make sure that trades are executed at the right time and price. Trades are timed correctly and instantly to avoid significant price changes and are ensured to have a high chance of desired results
Reduced risk & better market understanding:
- Additionally, Algo trading allows users to reduce the risk of human error when placing trades. Using historical data and real-time data, you can also backtest Algo-trading to determine the viability of the programmed trading strategies. The bots will also simultaneously conduct automated checks on various market conditions to give an accurate and desirable trade that is profitable.
All in all DIFX Algo trading is perfect for those users who want to earn income through a controlled tool that helps them make the correct decision! Start your journey into cross-asset trading with DIFX today and grow a diverse portfolio.
About DIFX
DIFX is an exchange platform that uses blockchain technology to incorporate centralized finance. It is an easy-to-use platform for both new and experienced traders, establishments, and investors. The company hopes to increase the use of digital currencies for direct settlement between beneficiary and payer by eliminating intermediaries. To begin your journey with Endless Possibilities, download the app now from the iOS or Google Playstore, or visit us at app.difx.io.
