FAQs

What is automated trading?

Automated Trading is the reliance on a set of pre-programmed algorithms/rules to conduct trades. While manual trades require a human to look for trends, make decisions and commit trades, automated trading can greatly simplify this process with the right set of underlying rules. It eliminates the need to have a human sit in front of a screen to make the same calculated decisions a computer can do in a fraction of the time.

What is an EA?

An Expert Adviser (also called a Forex Robot) is a set of pre-programmed rules/strategies, wrapped in a piece of software that can make swift and desirable trading decisions without the need for human intervention. The EA is more of the brains while the Robot is the body, but really, they are one single futuristic unit that is very good at executing trades on your behalf while you have time to do the more important things in life.

How much money do I need to start?

When using one of our Krifx EAs, there is a minimum requirement of $1000. When using all 4 EAs on one account, you must have a minimum of $5000.

How much money can I make?

It Depends on which EAs you run and how many you run on one account. On average, you can make about 10-20% a month. Some months you may make more then 20% and some months you may make less.

How do I check my profits?

You can download Metatrader 4 on android or iphone and log in to your account with your MT4 generated Account number and password. You have to also type in the broker you have selected to be able to log in. In the app, you can see the trading history of profits and also the current open trades. You also have a back office portal login that you can log in to at anytime to check your account balance.

What if I lose Money with EAs?

When it comes to Forex Margin Trading, there is always a risk involved. We have our team monitoring our clients accounts 24/5. We control any draw down and turn off the automated system during high impact economic news in the market. With an automated system and experienced traders monitoring your account, we are able to control risk management and there’s less human errors when using artificial intelligence.

How do I open an account?

Contact us through email at info@krifx.com or at +1 (416) 788-3939 and speak to one of our representatives to guide you through the whole process. You can also click on Global Partners to select a broker to open an account with. Once you are on the Global partners page, you can click on the broker logo and it will lead you to registering your trading account.