FAQ
Answers to Common Queries: Frequently Asked Questions (FAQs).
General Queries
What Is An Automated Trading System?
An Automated Trading System is a software or algorithm that executes trades in the foreign exchange (Forex)/ commodity market automatically, without the need for manual intervention. It uses predefined rules and criteria to enter and exit trades.
What Is QTX ATS?
QTX is an automated trading system designed to help unprofitable traders become profitable. As 99% of retail traders fail when they attempt to trade manually, automating your trading through the use of optimized trading robots/algorithms/software is the way to go.
Is Your QTX System Backtested & Optimized?
Yes, our QTX automated trading system is backtested using historical data to evaluate their performance under different market conditions and forward tested before deploying them in live trading.
Why Should I Let QTX System To Trade For Me?
QTX automates analytical and trading processes. QTX automated trading system can open and close trades according to certain criteria or calculations they have been programmed to perform. As a result, they are able to open and close orders much more quickly and efficiently than a human could, and they are able to do this 24/7. QTX do not sleep, do not get tired and do not have human emotions, making them ideal trading tools.
Can I Rely Solely On An Automated Trading System For Income?
While it’s possible to generate income using these systems, it’s not advisable to rely solely on them. Diversifying your income sources and managing risk is essential in trading.
What Are The Advantages Of Using QTX Automated Trading System?
Advantages include the ability to trade 24/7, remove emotional bias, execute trades with high speed, and the potential for systematic and disciplined trading.
How Does QTX Automated Trading System Works?
These systems work by analyzing market data, such as price movements, technical indicators and fundamental data, to make trading decisions. They can execute trades, manage risk, and monitor market conditions 24/7 based on the parameters set by the user/system.
Minimum Amount I Can Start With?
Minimum: 1000
*We recommend you start with the amount you can afford to risk. You are the only one who can answer that question.*
ALWAYS REMEMBER THE NUMBER ONE RULE OF TRADING: NEVER TRADE WITH MONEY YOU CANNOT AFFORD TO LOSE!
Are There Any Risk Associated With Using Automated Trading System?
While utilizing such systems offers potential benefits, it’s important to acknowledge that, like any financial endeavor, there are inherent risks involved. These systems are not infallible and can encounter losses, particularly during volatility market conditions. Hence there are risks associated with using such systems.
Do I Need A Computer To Get Set Up?
There is no need for any system/laptop/computer. Setup will be carried out on the VPS Server and a smartphone is sufficient for logging in and monitoring the trade on MT4.
Setup and Activation Queires
What Is The Setup Fee For Your Automated Trading System?
The setup fee for our automated trading system is $150 per one trade unit.
Why Is Your Setup Fee Higher Than Some Other Automated Trading Systems?
Our setup fee reflects the comprehensive nature of our service and the value we provide. We’ve invested in creating a robust, secure, and user-friendly automated trading system that’s designed to meet the needs of both beginners and experienced traders. This fee enables us to offer you a top-notch trading experience and unmatched support without compromising the speed, accuracy & security.
Can I Pay The Setup Fee In Installments?
At the moment, we require the setup fee to be paid in full to initiate the setup process. However, we’re continuously exploring options to make our service more accessible to users.
Is There Any Way To Reduce Or Waive The Setup Fee?
Our setup fee is a standard cost for all users as it covers the costs associated with purchasing VPS server for 1 year, generating unique license for your trading account to connect to our automated trading system, onboarding, customization, and ongoing support. We believe it represents fair value for the service we provide.
Do You Offer Any Guarantees For The Setup Fee?
While we don’t guarantee specific trading results, we do guarantee a high-quality service. Our setup fee covers the initial setup including 1 year premium VPS subscription, customization, and configuration of your trading system. We’re committed to delivering a system that is reliable, secure, and designed to help you achieve your trading goals.
Are There Any Benefits To Paying A Higher Setup Fee?
Absolutely. By choosing our system and the associated setup fee, you’re investing in a premium service that includes premium virtual private server for your trading account, ongoing support and training. This ensures that you have the best possible chance of success in your trading endeavors.
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