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Based in Dubai, UAE, Avenix Fzco is a fintech startup that has created FxEasyBot, a forex robot meant for MetaTrader 4 platform use. This automatic trading tool seeks to help users handle the forex market.
FxEasyBot utilizes a channel-based trading strategy incorporating Bollinger Bands to determine market entry points. When the price breaks through the channel, the forex robot is made to open a market order in the direction of the break and place a pending order on the opposite channel border. For every trade the system employs set fixed stop loss and take profit criteria.
The forex robot requires an initial investment of $1,000 and operates with a minimum lot size of 0.01. Hedging, scalping, and grid trading are not strategies FxEasyBot employs. With the help of Thinkberry SRL's Tick Data Suite, Avenix Fzco hoped to optimize FXEasyBot using tick data spanning 2016–present.
FxEasyBot is compatible with the MetaTrader 4 trading platform. The forex robot includes features intended for both new and experienced traders.
Users can access a free demo (backtester version) to test the robot in their own trading environment. Live monitoring of forward tests are available through MyFxBook, allowing users to view real-time performance metrics.
Avenix Fzco states that FxEasyBot receives regular updates and enhancements to adapt to market trends and trading conditions. The company reports that the forex robot is continuously improved for performance.
Avenix Fzco offers several support options for FxEasyBot users:
These resources are designed to assist users in understanding and utilizing the forex robot's features. The company offers one-on-one sessions to help users refine their trading strategies and effectively use FxEasyBot.
The Dubai, United Arab Emirates-based fintech company Avenix Fzco creates forex trading software. Accuracy, risk mitigation, and useful features are the company's goals in developing trading tools. Avenix Fzco has created various forex robots compatible with the MetaTrader 4 platform. The company states that its forex robot designs include live market insights, user interfaces, and analytical capabilities. Avenix Fzco reports that it regularly updates its software to align with market changes and incorporates new developments in trading technology. Beyond software development, the company aims to create an environment for traders to share ideas, learn collaboratively, and develop skills. Avenix Fzco offers customer support to assist clients in navigating the forex market. Those interested in learning more about FxEasyBot can visit the Avenix Fzco website to test the software.