Your Questions About Forex Automated Trading
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
James asks…
Is there an automated Forex trading program that...
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Your Questions About Forex Automated Trading
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
James asks…
Is there an automated Forex trading program that automatically
executes arbitrage opportunities?
I am picturing a “set it and forget it” program that constantly calculates the value of complex
currency cycles and automatically executes an arbitrage trade when one becomes available.
I
understand the window of opportunity on such trades would be very short, is it even possible?
admin answers:
There are programs that do this.
However, there is a very low profit margin and commissions
will eat up more than you make unless you have a very low commission rate.
Usually only
brokerage houses can do this arbitrage as they have the lowest commission rates because they
act as their own brokers.
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