Best Forex Autopilot System – What is It?2 min read
Do you know what the best forex autopilot system is? Are there new pretenders to the throne or are the old ones still the best? All will be revealed in this article.
Out With The Old – FAP Turbo
For a long time, F.Turbo was the leader of the pack. Why?
This system was designed for a wide basket of different currencies which was a great asset given that most EAs are designed for EUR/USD only.
It also won several awards at the beginning of the year.
But more than anything, it really took off because it was tested against live data rather than the usual backtest data. Their live accounts are shown on their website even.
In With The New – Ivy Bot
So why switch to Ivy Bot if another system is already so amazing?
First of all, I.B. has four EAs specifically designed for four different currency pairs. Of course, F.Turbo could easily handle multiple pairs and showed good results so this may not be such a huge advantage for I.B.
But what people are loving about Ivy Bot is that the engine is constantly updated according to market conditions. So far, so good – the results are comparable with I.B. but safe in the knowledge that they are likely to last much longer than for the typical EA.
Ultimately, both of these bots are very good. Personally I would advise going for Ivy Bot but both EAs would make a good investment.