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Forex Robotron has been tested using real data and it also uses a tight stop loss, which also sets it apart from many other trading robots. This should reduce the risk significantly and protect your capital by limiting your exposure.

The back-testing date for this robot is displayed on the Forex Robotron homepage, yet it should be noted that this is shown as static screenshots. There’s no up-to-date results or data, which is why our Forex Robotron reviewers decided to dig a little deeper.

 

NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Continue reading our review of Forex Robotron to learn exactly how the robot works and whether or not it could help to improve your trading activity.

 

Forex Robotron Robot Review

This Forex Robotron review explores a popular automated trading program. Designed for use with MetaTrader 4, it can be used with hundreds of popular STP/ECN brokers, making it suitable for beginner and veteran traders alike.

Forex Robotron is a piece of software designed specifically for the MetaTrader 4 forex trading platform. You can use it with any broker, as long as they have MT4, however, the developer does recommend that you opt for an ECN/STP broker.

Our Forex Robotron review experts found that this robot generates the best results in an environment with low spreads, low commissions, fast execution, and no limitations on stops. It works with EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/USD, GBP/AUD, USD/CAD, and USD/CHF on five-minute charts.

 

How Much Does Forex Robotron EA Robot Cost?

To create this in-depth review, we looked at all four of the different Forex Robotron packages: Basic, Standard, Gold, and Premium. The difference lies in the cost and the number of licenses.

The Basic package, for example, includes a license for a single account at $299. The Premium package, which is the most expensive option at $999, offers licenses for an unlimited number of accounts. All the packages feature a lifetime of updates and dedicated support.

Unfortunately, Forex Robotron has a strict no refund policy. This is somewhat concerning, especially when you consider the fact the developer also points out that you may have weeks where you don’t make a profit.

When compared to other robots, this review of Forex Robotron found the software to be competitively priced, especially considering the results.

 

Forex Robotron Robot Founder

While documenting this Forex Robotron Robot review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the Profile.

Forex Robotron Robot provides no verifiable information about who owns or runs the company on its website.

 

How to use Forex Robotron EA Robot

Our Forex Robotron review team recommends that this software should only be used by experienced traders who have a firm understanding of market conditions and a sizable account balance.

Complete beginner traders shouldn’t attempt trading with this automated forex trading software, especially if they’ve never used an EA before. This is due to the fact you can’t get your money back if you don’t like Forex Robotron, and so you need to be very certain this is the correct robot for you.

 

Pros of using Forex Robotrone EA Robot

  • Includes a strict stop loss feature to protect your capital
  • Easy to install and to use
  • All packages include a lifetime of updates and support

 

Cons of using Forex Robotron EA Robot

  • Limited trading window and currency pairs could result in missed opportunities
  • No explanation of the strategy the robot uses to trade
  • Results are only shown as screenshots and not updated regularly
  • Strict no-refund policy

 

Is Forex Robotron Robot Safe and Credible

This EA program can be used 24 hours a day, yet it only opens new trades between 21:00 and 22:00 GMT in the summer months and between 22:00 and 23:00 during the winter months. This is disappointing as it makes it unsuitable for some traders yet, according to the developer, these are the hours during which Forex Robotron performs best in terms of trading volume and accuracy.

The automated trading software comes complete with profit and loss features. When activated, the loss feature will close a trade as soon as it goes into a loss. The profit feature, on the other hand, will ensure the robot exits at the best possible time.

 

Is Forex Robotron Robot Legit 

To get started with Forex Robotron, you need to have MetaTrader 4 installed. You then need to transfer the Forex Robotron files to the right folders in MT4. This is easy to do and Robotron comes with complete instructions. Once installed, you can simply drag Forex Robotron from the Navigator window onto the appropriate chart.

Forex Robotron allows you to tweak a variety of settings, which include lot size, risk percentage, trading style (aggressive, normal, conservative) and more. This means you can adjust the robot to your preferred trading style and then sit back and watch it do all the work.

 

Is Forex Robotron Robot Scam

Our Forex Robotron review team found this automated system very easy to use. The developer provides detailed instructions and it only takes a few minutes to set the software up.

Compared to other forex trading robots, Forex Robotron is very user-friendly and doesn’t fall into the trap of providing so many options that it becomes overcomplicated.

Forex Robotron is an automated forex trading system suitable for any trader who has in-depth experience using EAs. It has various features that will allow you to trade according to your preferred style, whether you’re more conservative or aggressive.

If you want to check out Forex Robotron, below you will find a list of the best forex brokers to use in conjunction with this software.

 

Disclaimer

This Forex Robotron Robot Review Article isn’t aimed at defaming Forex Robotron Robot nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Forex Robotron Robot review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

LEGIT BUSINESS OPPORTUNITIES 🔻🔻

 

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Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

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Fx Analysis

Forex Market Majors Improve Ahead of US Data

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  • Euro and Pound Both Trade Higher
  • Key US Figures Including PMIs and Payroll
  • Wall Street Resilient Despite China Concerns

The Euro and GBP forex market against the Dollar both picked up some momentum yesterday and into the European trading session today as USD weakness continued with several important pieces of data due this week. These include the ADP non-farm payroll numbers as well as ISM Services PMIs and speeches from the Fed. All of these could be potentially market-moving events based on the outcome. Meanwhile, on Wall Street, the S&P 500 managed to notch another record as US stocks fail to get dragged down by the ongoing questions around Chinese names.

Strong Signs From Euro and Pound

The Euro and Pound have both managed to take advantage of some Dollar weakness so far this week. Despite several concerns around COVID-19 cases in China making a reappearance, the Dollar has continued to remain lower with those in forex trading to the advantage of the Euro. A settling of virus cases in the bloc has also come at the right time for the Euro as it moves back close to 1.19. 

It has been a similar story for Sterling. The number of coronavirus cases in the UK has continued to decline. This despite a largescale reopening that it would appeal has had little impact on the case numbers. This positive news has led many to speculate that the Bank of England may move to raise interest rates. Forex brokers and traders alike await this decision.

US Data to Play Central Role

The other key factor weighing on the Greenback and providing some room for other major currencies to advance is the upcoming data releases in the US. This includes ADP non-farm payroll numbers and ISM Services PMIs. Both are important numbers in determining how quickly the economy is continuing to get back to work, and can provide some insight on the ongoing inflation issue. 

Treasury Secretary Janet Yellen is also set to speak today in support of the infrastructure bill and total of $3.5 trillion in spending plans that the government has in store. She will remark that such spending is required to maintain the US place at the top of the world order in terms of economic prowess. Democrats are generally hoping to gain public support for this spending plan.

Records Continue as Wall Street Pushes Forward

Renewed concern in China as COVID-19 cases reemerged seems not to have been felt so far this week on Wall Street. Amid a broadly impressive earnings season with few shocks, the S&P 500 moved to close yesterday at a new record high. 

The key driver today will be the US data releases and how the market reacts to Yellen’s speech on spending. More important names, particularly in travel and hospitality are also due to report quarterly earnings today including MGM and Booking with expectations creeping up in the sector as more get back to travel.

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Fx Analysis

Ukraine to Allow CBDCs while BoA Anticipates Demise of Cash – CBDCs Weekly

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As development of a U.S. based Central Bank Digital Currency (CBDC) continues, an increasing amount of figureheads are speaking on their future importance.  Whether this is the result of a need to keep up with the joneses (i.e. Ukraine) or the Bank of America touting the effectiveness of CBDCs, the end result will be the same – a future inundated with digital currencies from private issuers and central banks alike.

The United States ‘Needs’ a CBDC

In a recent discussion with the Aspen Institute Economic Strategy Group, Federal Reserve Governor Lael Brainard shared her thoughts on a potential U.S. Central Bank Digital Currency.

Interestingly, Brainard specifically notes that a key reason behind the United States ‘need’ for a CBDC, is due to the actions of nations globally.

“The dollar is very dominant in international payments, and if you have the other major jurisdictions in the world with a digital currency, a CBDC(central bank digital currency) offering, and the U.S. doesn’t have one, I just, I can’t wrap my head around that…That just doesn’t sound like a sustainable future to me.”

Beyond the need described above, Brainard noted the following points as driving factors behind the creation of a CBDC.

  • Increasing efficiency of opaque, long, and costly intermediation chains
  • Staving off rise of stablecoins and a potentially ‘fragmented payment system’
  • Easier distribution of funds among citizens

While it isn’t a given, a U.S. based CBDC is widely expected to be unveiled in the coming years.  Whatever the scenario, the government will be ready, as it is already actively developing this product in an effort to hit-the-ground-running when the green light is given.  For the time being, various members of Congress are still on the fence pertaining to their need, and believe such a product should be handled by the private sector.

Ukraine to Allow CBDC

While the U.S. may still be mulling over the need for a CBDC, other nations are rolling full steam towards their eventuality.  One of the most recent examples of this comes from the Ukraine, where President Volodymyr Zelensky signed a bill allowing for the National Bank of Ukraine (NBU) to develop and issue its own CBDC.  This development is the result of years-worth of research in to the CBDCs, dating back to 2018, when the NBU first began mulling over the idea.

In addition to now having the ability to launch a CBDC, the bill allows for the creation of a FinTech sandbox, and provides increased clarity/definitions surrounding nine categories of payment service providers.

Bank of America Anticipates the Demise of Cash

If the development of CBDCs by other world governments wasn’t enough to spur the United States in to action, perhaps recent reports from the Bank of America (BoA) will be.

Not only does the BoA find that CBDCs are ‘a much more effective payment system than cash’, it believes that these digital assets have the potential to ‘replace cash completely’.

Part of this reasoning is its belief that rising public use of blockchain-based digital currencies is resulting in a decreased demand for existing currencies.  As a result, central banks will be forced to release CBDCs to compete – eliminating cash along the way.

If this scenario does come true, cash may not be the only victim of CBDCs.  There are those worried about the future of other assets like Bitcoin.  The Motley Fool recently took a look at how a CBDC would affect digital currencies, and whether or not investors should be worried.

“…a CBDC network’s revolutionary potential, coupled with the legitimacy of government backing, has the potential to entice many people to flock to its coin, putting it in direct competition with decentralized cryptocurrencies. Since the latter require growing user adoption for sustained price appreciation, many cryptocurrencies could end up struggling in the face of this formidable competition.”

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Fx Analysis

Investing In Klaytn (KLAY) – Everything You Need to Know

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Klaytn (KLAY) operates as a high-performance public blockchain and decentralized ecosystem. The protocol was designed to empower businesses and entrepreneurs to create and integrate blockchain technologies. As such, the network provides a variety of helpful features designed to eliminate hurdles to blockchain adoption while streamlining the onboarding process.

What Problems Does Klaytn (KLAY) Attempt to Fix?

One of the premier issues that Klaytn developers sought out to tackle was developer and user confusion. There are many technical barriers for businesses seeking to integrate blockchain services into their traditional business systems. Klaytn removes all friction points from the equation via a simplistic interface.

Klaytn (KLAY) - Twitter

Klaytn (KLAY) – Twitter

Centralization

Another major issue that Klaytn helps to alleviate is centralization. The platform was built from the ground up with decentralization as a main characteristic of the network. In this way, Klaytn users enjoy a higher level of transparency and security.

Benefits of Klaytn (KLAY)

There are many benefits that businesses and startups realize when they join Klaytn’s network. For one, the platform has proven to be reliable. The network has developed a strong community that can assist you with your integration processes. Here are some other benefits worth mentioning.

Scalability

Klaytn offers low latency and enterprise-level scalability. Specifically, the network is capable of 3,000 tps which puts it on par with major payment processors. To make this throughput possible, the system leverages Service Chains. These off-chain protocols provide more flexibility and expandability.

Security

Klaytn is an open-source project that has been carefully vetted by the community. Additionally, the platform has undergone third-party code audits by the Y Combinator-backed blockchain security company, Quantstamp.

Klaytn Secures High Level Partnerships

Klaytn Secures High-Level Partnerships

Legacy Systems

One of the biggest advantages gained by Klaytn users is interoperability with legacy business systems. Klaytn envisions a more subtle blockchain integration where the benefits are present but the technical barriers have vanished. They provide smooth interoperability with existing data tools as part of this approach.

Expandable

Klaytn was built for Dapp developers and businesses. The ecosystem enables Bapp developers to be creative and expand on the user experience. The network’s open-source code and community give developers a powerful edge when creating their new systems.

Sustainability

Compared to the top blockchains of today, like Bitcoin and Ethereum, Klaytn is far more sustainable. The network has a small carbon footprint and low energy requirements. Much of this efficiency stems from the network operating a Proof-of-Stake consensus algorithm.

How Does Klaytn (KLAY) Work

Klaytn is able to provide a user-friendly blockchain experience due to its unique technical characteristics and features. The network combines a custom-built blockchain, cryptocurrency, community governance, and much more.

Klaytn Blockchain

The Klaytn blockchain is a Byzantine Fault Tolerant (BFT)-based public blockchain. It provides a scalable, secure, and user-friendly platform to businesses and start-ups. Klaytn has a 1-second block latency and near real-time finality.

KLaytn (KLAY) Consensus

Klaytn utilizes a Proof-of-Stake (PoS) consensus mechanism to validate the state of the blockchain. PoS networks are more energy-efficient than Proof-of-Work networks because they eliminate the use of miners. Instead, regular users secure the network by staking their tokens in a network wallet. For their efforts, users receive rewards based on the time and amount they staked.

Bapps

Blockchain Applications (BApps) play a vital role in the network. These applications are how users interact with the Klaytn blockchain. The developers have simplified many of the most popular Bapp features. There are easy-to-use options such as account type profiling, base calculation, retention analysis, and funnel analysis. They also support blockchain-specific features such as network congestion monitoring, token distribution tracking, and token economy health diagnosis.

Klaytn (KLAY) Community Governance

Klaytn integrates a community governance mechanism to ensure every user gets their voice herd. Notably, the network’s governance is made up of a mix of users and well-known organizations. For example, Binance joined the governance council recently. Regular users participate by staking their KLAY tokens.

KLAY - CoinMarketCap

KLAY – CoinMarketCap

KLAY

KLAY is the utility and governance token of the network. This cryptocurrency plays a variety of roles in the ecosystem. You can use KLAY to pay your transaction fees. It’s also a very fast and efficient medium of exchange. You can stake the token to secure passive rewards and you can even use it for collateral for secondary tokens.

Klaytn Wallet

The Klaytn Wallet is easy to navigate and very secure. The dashboard makes it simple to complete tasks like sending or receiving KLAY. Best of all, the wallet is non-custodial. As such, you’re the only one who has access to your tokens. Even the developers can’t access your tokens.

Klaytn Improvement Reserve

The Klaytn Improvement Reserve is a non-profit tasked with improving the network. The group provides both technical and financial support to projects that could positively impact the network. There are a variety of developer tools also available from the group.

History of Klaytn (KLAY)

Klaytn launched and saw immediate adoption. The network officially went live in June 2020. Notably, the network had 40 Initial Service Partners (ISP). These partners were from diverse industries including healthcare, eCommerce, entertainment, and finance.

Notably, Klaytn was launched by the South Korean tech giant and internet provider Kakao. Kakao is a dominant force in the region. The company boasts revenues of 4.16 trillion KRW. Additionally, the firm’s instant messaging app Kakao Talk has more than 220 million registered users. There is a good chance you will see more blockchain integration into these other services in the near future. Notably, integrating Klaytn into Kakao Talk would prove to be a major milestone for the sector.

How to Buy Klaytn (KLAY)

BinanceBest for Australia, Canada, Singapore, UK and most of the world. USA residents are prohibited from buying KLAY. Use Discount Code: EE59L0QP for 10% cashback off all trading fees. 

Gate.io – This is our most recommended exchange for USA residents.

Klaytn (KLAY) – Blockchain for All

Klaytn’s approach is simple, make it easier for businesses to leverage blockchain services without it being a huge fiasco. Notably, the network’s interoperability with legacy systems is a big draw for major firms ready to make the leap. For now, Klaytn operates as a pioneering force in the enterprise-grade decentralized service provider’s arena. You can expect the network to expand its positioning as more users get hip to its helpful features.

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