Forex has a diverse assortment of robots to meet the needs of various traders

We are always in a rush to label a product without doing a full study, which might lead to mistakes. This article compares and contrasts the two most popular forex robots, the FAP Turbo robot and the Ivybot robot.

Both robots are automated and can trade with excellent precision 24 hours a day, seven days a week. Both have AI, or artificial intelligence, which allows the robot to analyse and trade rationally rather than randomly. After years of experience in currency trading, Forex built both robots. They have the ability to trade in the foreign exchange market. It is not pricey and does not necessitate a large sum of money. The initial purchase includes a 60-day money-back guarantee, a user manual, an easy-to-follow video, a lifetime forex membership, a trading licence, and a trading account. To trade, both robots require an internet connection.

Differences: Ivybot is a newer product than the FAP Turbo robot. Ivybot can trade many currency pairings, but Turbo can only trade one. FAP T can trade while you sleep or are distracted by something else. Ivybot is straightforward to set up, whereas FAP Turbo may require support from forex customer service during setup. Ivybot receives regular weekly updates, whereas FAP Turbo does not. In a recent forex robot survey, FAP Turbo came in second place. FAP Turbo is likely to have been employed in many profitable transactions. However, Ivybot is a relatively new robot that is revolutionising the forex market.

FAP Turbo is a unique feature.

To begin trading, the FAP Turbo robot requires a capital of $50.

It can only trade one currency pair, EUR/CHF.

With the use of VPS – Virtual Private Server – it can trade even while you are sleeping. If you want your robot to trade while you’re sleeping or doing anything else, you can select this option, which allows the robot to trade even if your system is turned off. However, there is an additional price for hoisting.

For optimised positive trading, it use the Metatrader 4 platform.

Installation takes around 15 minutes, with some help from FX customer service.

Ivybot

The Ivybot robot is the newest forex robot.

To begin trading, you’ll need a minimum of $50.

The EUR/USD, USD/CHF, EUR/JPY, and USD/JPY are the four currency pairs that the Ivybot robot can trade. This is because the robot programme is made up of four separate robots, each of which trades in a different currency pair with the help of the EA – Expert Advisor feature.

It gets weekly updates, so it’s never out of date.

The installation process is fairly simple and takes about 15 minutes to complete.

Nicole Anne Smith has worked as a professional forex trader for a leading brokerage firm in the United States for over 6 years. She has been exposed to how professional traders employ forex trading robots for their everyday trading activity since the introduction of these robots. She has now applied this knowledge and deployed forex robots in her own firm. Learn how to use automated forex robots to trade forex professionally.