FAQ

  • I am new to Forex, is this for me?

Absolutely.Our Robots are very easy to install. Simply drop them into your MetaTrader 4, and 5platform and then let the robots do everything for you! The MetaTrader 4, and 5 is the most popular Forex trading platform, it is very easy to use and is available free of charge from brokers worldwide.And if you need help, we can install them for you in your computer or VPS, via remote assistance, at no additional charge!

  • Can you help me set up the robots in my computer?

Yes, we can help you set up the robots!Installation is very easy, but if you are new to it we can help you via remote assistance. We can connect to your PC, (you click to authorize the remote session), and we will install the robots to your MT4, and 5 platform. It takes less than 5 minutes.We can also install the robots in your VPS if you trade from a Virtual Private Server.In minutes you will be up and running, with the robots installed in your trading platform and ready to trade.Just drop an email into support@iqautotrader.comand we will assist you.

  • What is the difference between our two robots?

The two strategies are quite different, yet complement each other perfectly. The Conservative version trades five pairs as programmed for EURUSD, GBPUSD, USDJPY, USDCHF, NZDUSD and Gold future. The Moderate version trades fifteen pairs as programmed forEURUSD, GBPUSD, USDJPY, USDCHF, NZDUSD, AUDNZD, GBPJPY, AUDCAD, GBPAUD, EURNZD, AUDUSD, EURGBP, USDCAD, CADJPY, NZDJPY and Gold future. The moderate version has more advantages as trades on more pairs and the gains are more with very low risk. Using both robots is depends on your own strategy and risk you want to set into your account and the amount of the capital, since they alternate using the available margin of your account.We trade them both in our own Live Trading.For more information please check the performance tab.

  • Which broker do you recommend?

You can use our robots with any Forex broker. Most brokers worldwide support the MetaTrader 4 and 5platforms.Among our favorite brokers, we recommend “Pepperstone-Razor”, “FXChoice”, “Squared Financial”, “FxPro”,“IamFX”, and “Tallinex”for traders worldwide.For US residents, who are required to use a US based broker, we recommend Trader’s Tallinex broker.

  • How much money is required to get started?

It depends on the account you choose: For a “Micro” account (minimum lot size: 0.01) we recommend $250 for the Conservative Version, $500 for the Moderate Version. For a Demo accounts you need no money at all – you will trade with virtual money. Brokers also offer other account types that trade larger lot sizes and would require larger account balances.

  • What is the robots’ trading schedule?

Two Robots will trade during the London session (9:00 to 18:30 GMT and 1:00 to 3:00 GMT) when markets are very volatile as robots are being programmed. Robots will rarely trade during the quiet Asian session when markets are less volatile (17:30 to 23:00 GMT)

  • How long does it take to learn to use the robots?

Both our robots are set up to “Plug and Trade”.You can use them right away without any prior knowledge of Forex.No programming or technical knowledge whatsoever is required. Once they are set up, they are true “Set them and forget them” trading – they manage all aspects or your trading automatically, without any supervision, completely on their own

  • Is this completely automated? Do the robots keep up with Economic News Reports and check the volatility of the markets?

Yes, everything is completely automated! Our robots handle the schedule completely on their own, without any supervision. Welcome to completely automated Forex trading!

  • How does Money Management work?

The Money Management function controls the size of your orders automatically, as a percentage of the available balance in your trading account.As your account grows, so do the size of your trades.

  • Why are these high-end robots inexpensive?

We know that if we sell our Robots for $550 (instead of, for example $900, as some comparable robots are selling for), we are going to sell many, many more, and make up the difference in quantity.

  • How many live and demo accounts can I use?

Our license allows trading in one live or demo account at the same time. You can change the account any time you want by going in the member area site.

  • Is purchasing the robots secure?

Purchasing the robots is extremely safe and secure.IQ Auto Trader Robot handles payments directly through Paypal so you do not have to worry about the security of your credit card information. Our website is verified by the Paypal. You do not need a Paypal account. All you need is your Credit Card information. PayPal will securely handle the complete payment process so you do not have to share your financial information with anyone.If you prefer to pay using your Paypal account balance or your bank account, check out using the “Paypal” option in the checkout cart. Immediately after completing your payment, you will receive the Robot Download file, the license key and user manual so you can start using the trading robots right away.If you have any questions or concerns, just send us email.

  • Is there any additional charge or monthly fee after I buy the robots?

Absolutely not.Our price is a one-time payment. There are no other fees of any kind.Updates are also Free-of-Charge.Once you buy the robots, they are yours to own forever.

  • Do you release updates on a regular basis? Are they free of charge?

Yes.Occasionally we publish updates with improvements and when the market changes. They are always Free of Charge and are e-mailed to all of our customers.In member area the latest version of Robot is always be available.

  • Can the robots trade if I am away from the computer? How about weekends?

Yes, they work completely on their own 24 hours a day. You do not need to supervise their trading at all. The robots will open and close positions, and handle all aspects of the trading for you, including the managing of lot sizes, placing of Stop Losses, and closing of winning positions when we reach Take Profit levels.

  • What happens if I have a power outage or need to reboot my PC?

Just start again your MetaTrader 4 platform. The robots will still be there, ready to resume trading.Even if your computer or VPS restarts with the wrong clock time, there is no problem. We do not read the time from your local PC, but from NTP internet clocks, so that our robots will still trade at the correct times even after a power failure.If you have frequent Internet connection problems or power failures, you should consider trading from a VPS (Virtual Private Server).

  • Can I run these robots with other EAs, or together with manual trading?

Yes, no problem. Each trading robot has its own “Magic Number” and will keep track of its own trades. It will not get confused with other robots or with manual trades.If you wish to trade 2 EAs on the same pair, just use separate charts and make sure that your broker allows “hedging” positions, so you can have trades going in opposite directions at the same time. The same applies to manual trading on the same pairs used by the robots.



We stand behind our Forex Trading Robots!If your account (Demo or Live) fails to make a profit by the end of 30 days, using default settings, we will refund your full purchase price, no questions asked.

Important Risk Information

Please note that foreign exchange and other leveraged trading carries a high level of risk and may not be suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.






For more information, please contact us through the support page on our website or send us an email

support@iqautotrader.com
 
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