Forex trading has gained huge popularity over the last decade which resulted in new technological advancements within Fintech. Fully automated trading systems are one of them. If you haven’t heard about them, automated trading software, also known as expert advisors or robot traders, is an algorithmic trading strategy. Companies are developing the algorithm to then analyze the market and make the right decisions. Due to the complexity of the algorithm, and, sadly, lack of transparency across the industry there are many scam robots on the market, but today we are going to talk about one company that succeed in producing good automated trading robots.
Risk warning: Trading forex is a high-risk investment activity with even the best forex brokers. You must perform adequate research to ensure that you understand the risks of trading forex before committing money to a trading platform. Consider seeking professional financial advice. Financial Expert has not performed due diligence on Elite CurrenSea and this is not an endorsement of the service. This article is journalistic in nature.
About Elite CurrenSea
Even though there are many successful automated trading software, Elite CurrenSea (ECS) founded in 2014, has managed to take the lead and introduced a fully automated grid trading robot with additional capabilities that set them apart from any other options. This robot revolutionizes the overall approach to traditional trading – as we have discussed, fully automated trading robots are capable of turning a winning manual indicator based system (often indicator-based). On top of that, they attempt to expose market inefficiencies (arbitrage, scalping) while the trader takes a backseat with full control and reporting on the investment.
Trading on autopilot with Athena EA
Elite CurrenSea has introduced one of the most profitable, fully automated trading robot – Athena EA and since January 2020, this expert advisor has never closed a single month on a loss.
Due to the solid experience in Forex trading, the company managed to develop a fully automized algorithm that the provider claims yields an average of 200% return yearly, although it’s impossible for us to verify this claim. ECS offers two versions for Athena EA. Managed and Rental. The rental version is billed annually at the cost of €799. This includes 12-month access to the Athena EA with no profit shares, special support, an onboarding guide, and an option to add a VPS that can be managed by ECS. On the other hand, they also offer a managed version which has €0 upfront fees and a profit share of 25% to 35% depending on the net capital with no requirement for VPS (Virtual Private Server).
Athena EA has staggering results, all of which is depicted on myfxbook, and has third-party verification. Overall Athena EA MT4 is an exciting product that could change the way you handle forex trading. The program minimizes your input to open a broker account and follow your account performance, which is very reminiscent of driving a Tesla car on autopilot. Even though Forex trading is known to have a high-risk failure, and past performance is not an indication of future results, Athena EA, so far, has yet to meet the challenge it can’t trade through.