Trading in the financial markets is known to be immensely profitable. People have been trading in these markets for years and there are many who have made their fortunes in this space. But, these markets also tend to be volatile and risky, so only people who have an expert understanding venture into it. However, the development of automated trading robots has opened up doors for everyone else as well. Even if you don’t have a lot of knowledge, time or understanding of the financial markets, you still have a chance of making some solid returns.
As the name indicates, these trading robots are designed to take automatically. They are programmed to make trading decisions that can be favorable for you and there is a variety of such robots that can be found nowadays. But, it is important to note that not every trading robot will be reliable and you need to go over the options carefully in order to find the one that can give you the desired returns. One of the options you will come across in the market is known as YUAN PAY GROUP Robot. This was primarily developed for use with the MetaTrader trading platforms and advertises impressive win rates and profit gains.
The first thing you will learn about the YUAN PAY GROUP is that it works exclusively with the EUR/USD currency pair. It creates a safe way of trading because it comes with in-built risk management features and allows people to trade some of the most profitable and popular currencies in the world.
How Does YUAN PAY GROUP Robot Work?
Some of the prominent features you will discover about the YUAN PAY GROUP is that it works with the MetaTrader range of trading platforms, which are the top ones that can be found in the market. You can only use it for trading the EUR/USD pair and the robot has been designed for avoiding any potential risks. You will come to know that it uses ‘dynamic price protection’ strategies for ensuring a safe trading process for everyone. There are Reversal counter measures built-in that are capable of turning your losses into profits.
Since the YUAN PAY GROUP Robot works with just one currency pair, some people may think that it is rather limited, but this can also be beneficial because if you have any knowledge of the forex market, then you should know that this currency pair comes with fast execution speeds and tight spreads. When you dig into how this trading robot generates profits, you will come to know that it uses a grid-based strategy. You should note that this system is a bit complicated and can result in losses, so it is a good idea to understand how it works.
The fact that the trading robot works with the MetaTrader 4 trading platform is undoubtedly good news because the MT4 is offered by most high-quality brokers and it is possible to download it on your mobile as well. Once you have added it to the MT4, you have to decide what risk percentage you are comfortable with and then choose from one of the three trading modes that are available. These three modes are aggressive, normal and safe. One thing you will discover when using the YUAN PAY GROUP Robot is that it can work with a balance as low as $100. Nonetheless, it is preferable that you have a deposit of at least $1,000.
In addition, if you plan on using the safe trading modes, then you are most likely going to need more funds.
What is Cost of YUAN PAY GROUP?
You will find that there are two payment options that are available for the YUAN PAY GROUP Robot. You can get a one year license for a price of $347, or you can simply pay a price of $697 in order to obtain a lifetime license. You will come to know that the same set of benefits are provided by both these subscriptions. You receive a live trading account and the software to use with it, along with a 30-day money-back guarantee, updates as well as customer support. Even though some people may think that YUAN PAY GROUP is a bit on the pricier side, as opposed to the rest of the trading robots in the market, the long-term license means that you are free to use it as much as you want.
Who can Use the YUAN PAY GROUP?
Even though the YUAN PAY GROUP automated trading robot is targeted towards beginners, it is best for those who understand the grid-trading strategy. The good news is that you can easily find some detailed and in-depth guides to this kind of trading, so you can just polish your knowledge without any problems. Moreover, as it just works with a single currency pair, you should only use the trading robot when you wish to trade the EUR/USD pair. However, this market is a very liquid one because of its size. This means that there aren’t many times when it may not be advisable to trade.
Pros and Cons of YUAN PAY GROUP
There are certain benefits associated with the YUAN PAY GROUP Robot, starting with the fact that you can get started with a deposit of just $100. Another advantage is that you can use the trading robot with the MetaTrader 4 on both mobile and desktop options. You will also come across flexible risk preferences and trading modes, which can be quite convenient. As far as cons are concerned, some people may find it a little bit expensive, especially considering there are other alternatives in the market. Secondly, there is no monthly subscription available and some may consider this a downside.
Is YUAN PAY GROUP Easy to Use?
You will come to know that the YUAN PAY GROUP Robot is indeed easy to use and setting it up is an absolute breeze. Everything is automated and you don’t have to do much except set the risk preferences you are comfortable with. There is also a demo account option available and the software updates automatically, thereby saving you a lot of effort and making it easy to jump on the trading bandwagon. Learn more about YUAN PAY GROUP here.