Forex is a trading platform where people exchange currencies with each other. It is a marketplace that allows individuals to buy and sell 24 hours a day for five days a week. The market remains closed on weekends and public holidays.
Trading takes place on the basis of currency pairs. For example, if you choose the USD/JPY pair, you can sell or buy US dollars for Japanese Yen. You can even earn money through Forex, depending on whether a currency will grow or fall.
Forex store is a place where you can find trading software, like Expert Advisors (EAs) and Forex robots. It is one of the most popular automated trading system providers in the world. You can learn more about this store below.
About Forex Store
Forex store, regarded as the best Forex store, initially sold its own products only. Gradually, they started adding other EAs and robots to their platform. The store has more than 150 distinct and reliable products on its website. It thrives on its variety and unique prices that are even lower than the original seller of the product.
Here is a list of some of its best sellers with the highest ratings:
- FX Fortnite
- FXDiverse Unlimited
- Sun/Moon EA
- Forex InControl
- FX Adept
- FX Helix
- FX Stabilizer
- Forex Gump EA
- The Skilled Trader
- Z Trader FX EA
Benefits of Forex Store
Forex store is popular among people because of the benefits it provides. Along with its wide variety of products, it offers the following advantages to vendors and traders.
Benefits for Traders
- Exclusive price: They have EAs with `exclusive prices that are only available in our store.
- Sales: Forex store conducts regular sales with special offers for traders. You can buy software at affordable prices.
- Regular updates: The store keeps all the old and new software on a single platform. Traders can buy whichever technology suits them.
- Instant access: You can the Robot’s license right after the purchase. It allows you to change your account number anytime you want without any restrictions.
- Everything at one place: Keep all your robots and licenses in one place. You can manage them in the personal area.
Benefits for Vendors and Developers
- Advertising: Vendors can advertise their product on this Forex platform and reach a large number of buyers and traders.
- Protection: They provide a security system with their robots that transfer trading signals from your account. This way, your data will be 100% safe.
- Additional promotion: If your product shows great trading results, the Forex store will promote it on other platforms too.
- Sales monitoring: You can monitor purchases in real-time as they notify you after every sale.
Starting Forex trading with Forex Store
Forex Trading with Forex store is a long but simple process. Below are the steps that will guide you from the beginning to the end:
1. Register on the website
The first step is to go to Forex Store’s website and create an account. Once you log in, there will be hundreds of brokers who trade on Forex. These brokers support the MT4 platform, which is necessary for trading. Choose the broker that suits you as well as your budget.
2. Creating an account
The next step is to create an account at the selected broker’s website. This trading account works like a bank account. So, if you want to trade, deposit money in the account with your most suitable method.
There are various types of accounts you can make on the broker’s website. Leverage, Demo, Micro, and ECN are few examples.
3. Downloading MT4 Platform
After logging in to your account, they will give you an account number and password. You can find MetaTrader 4 at the broker’s website. Install it on your system and use that account number and password to log in for the first time. Open the application, click on files, and then select sign in option.
4. Selecting the Forex Robot
Now, go back to the Forex store’s website and check their Forex robots. You have to consider a lot of factors while purchasing a robot. These factors include durability, system profitability, stable results, trading style, etc.
If you are not sure what to buy, simply go to their list of highest rated EAs. This list contains the best robots based on their client ratings.
5. Download and Install the Robot
Once you select the best robot, download it from the website itself. You need to enter the account number for the download. Forex robots will have a security icon that ensures the product is under the Forex store’s protection.
So, after you purchase an EA, you will immediately get a license for trading. However, if the product does not have a security badge, then your license depends on the seller’s conditions.
After the download is complete, install the EA on your computer. For the installation process, open the MT4 platform and go to the files option. Select “Open data folder” in the drop-down menu. Inside this folder is the MQL4 folder, which contains the downloaded files.
Copy the Forex program file to the Experts folder and the dll file to the Libraries folder. Now, restart the MT4 application, and your installation is complete.
6. Set up
The last step is setting up the Forex Robot. Every Expert Advisor has unique settings and configurations. However, robots with a security badge are much easier to configure than the ones without it.
Every robot comes with a manual that can help you in setting it up. It only takes about 2 to 3 minutes of your time in the setting process.
Summing Up
If you follow the above steps in a standard manner, you can have the best trading experience with the Forex store. For even more consistent results, the computer should be able to work five days without any disruption.
With a Virtual Private Server (VPS) installed, the results improve significantly, and the EA works 24 hours a day. So, try everything you can to make sure that nothing interrupts your trades.
For more details about Forex Store, watch this video:
