ForexHero Review
ForexHero is a cutting-edge automated forex trading software that empowers both beginner and experienced traders with advanced trading capabilities. Users can create, deploy, and manage trading bots through a seamless, no-code interface that connects directly to existing brokerage accounts.
Key Features:
- High Win Rate Bots: Trading bots boast a 90% win rate, offering strategies optimized for high performance.
- Diverse Trading Strategies: Supports strategies like Dollar Cost Averaging, Grid, and others suitable for various risk appetites.
- User-Friendly Interface: Simplifies the bot creation process, making it accessible to users without technical skills.
- Paper Exchange Testing: Enables risk-free strategy testing in real-time market conditions.
- TradingView Integration: Bots can execute trades based on signals from TradingView, enhancing decision-making.
- Backtesting Capabilities: Robust engine for strategy testing using historical data.
- Bot Marketplace: Allows users to rent pre-configured bots or share their own for additional income.
Subscription Plans: ForexHero offers flexible subscription options including features such as unlimited backtests, various numbers of active bots, and 24/7 premium support, catering to different needs and budgets.
For Beginners: The platform is ideal for those new to forex trading, providing tools and a market for renting bots, making it easy to start trading quickly without prior knowledge.
For Experienced Traders: Advanced traders will find extensive tools for refining their algorithmic trading techniques, including detailed analytics for backtesting and a marketplace for exchanging expert strategies.
How It Works:
- Bots Marketplace: Evaluate and choose bots based on key metrics like APY and W/L Ratio. Rent and deploy bots through a simple API connection to your brokerage.
- Custom Bot Creation: Set trading parameters, backtest strategies, and deploy live or use the paper trading feature for further adjustments without risk.
Customer Support: ForexHero provides premium support through multiple channels including email, WhatsApp, and Telegram, ensuring users receive timely assistance.
Company Info: Owned by Novum Global Ventures and established in 2018, ForexHero continues to innovate in the fintech space, backed by a team with deep expertise in trading and technology.
Special Promotion: Try ForexHero with a 14-day free trial or take advantage of current promotions like $5 off or free bots with an annual plan.
Trade intelligently and maximize your trading potential with ForexHero – where technology meets finance to help you succeed in the forex market.
Try ForexHero Free for 14 days
Features
- Free Trial : Yes
- Features : ForexHero is an automated forex trading platform suitable for all trader levels, facilitating easy setup and management of trading bots without coding. It integrates with users’ brokerage accounts and offers features like advanced backtesting, a bot rental marketplace, and TradingView integration. The platform supports multiple trading strategies and includes a simulated paper exchange for risk-free testing. Flexible subscription plans cater to various user needs, making advanced trading accessible and efficient.
- Founded : 2018
- Company Website
Reviewed by 1 user
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- by: Enda Cusack
- May 9, 2024 1:02 pm
ForexHero is a automated trading platform offering tools like bot builders and a marketplace for user-created bots. While its simplicity and accessibility make it beginner-friendly, it may lack depth for advanced traders.
Customization is limited to five technical indicators, and marketplace bots don’t provide detailed historical data. That said, it’s an accessible entry point for traders exploring automation.
PROS
- Beginner-friendly interface
- Marketplace bots available
- Useful backtesting tools
CONS
- Limited brokerage support
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