FOREX Funnel Vs. FOREX Tracer

FOREX Funnel Vs. FOREX Tracer thumbnail
Some forex traders prefer automatic, or robotic, trading systems.

Forex Funnel and Forex Tracer are automated forex trading systems which are termed forex robots because they can be integrated with metatrading platforms and essentially do all your trading for you.

  1. Forex Funnel

    • You don't have to be a seasoned trader to use forex funnel as it requires no previous trading experience. It works on autopilot and all you need is a fast internet connection 24 hours a day.This software was reportedly tested for four years and produced amazing profit results. It integrates with a Meta4 trading platform.

    Forex Tracer

    • Forex Tracer is a a forex adviser which also trades automatically 24 hours a day.The software integrates on any forex broker trading platform which uses Metatrader.

    Funnel Vs. Tracer

    • There is not a lot of difference between the two forex robots. Both are very successful in the percentage of winning trades, around 88 percent of trades are winners. Both easily integrate with Metatrader platforms. Of the two however, Forex Tracer does tend to perform less trades than Forex Funnel and can leave traders waiting a long time for a trade to come along. It also does not offer a demo account as does Forex Funnel, where traders can test it out before using their own risk capital.

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  • Photo Credit information and money image by Vladimir Melnik from Fotolia.com

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