With the dawn of the new technological trends, many robots reign the world of foreign exchange.The importance of these robots is that each one has its own special features that was intended to create a fortune for the traders. The latest invention in this line of robots is the IvyBot a Forex trading robot. This robot has already made heads turn in spite of it being relatively new to the Foreign exchange. Since its release in July 2009 the IvyBot is being much hyped about its performance in the Forex trading circuit.
The brain child of a group of Ivy League students, with its consistent and high level of performance IvyBot is gaining popularity. The IvyBot also shows a large win percentage during its recent trading sessions.This team has created IvyBot with many special characteristics but when it comes to trading counts does the IvyBot actually work? Though it underwent backtesting for eight long years the real challenge lies here in the live market. But so far the IvyBot
has shown a high return on the investments which makes it a positive trading session.
The IvyBot is versatile in nature allowing you to trade in four different currency pairs around the globe giving you more opportunity to trade.so four different robots clubbed into one trading in four different currencies. This also means that the IvyBot is actually working constantly to find the best trade practices since in currency trading if one currency loses the opposite currency gains making it always bullish in nature.
The distinct feature of the robot is that its been constantly updated by its developers. To make the best use of the opportunity in a fluctuating trade market the software is constantly being monitored and updated to produce better results. The updates come as a part of the purchase price of the robot all through the life time of it. A round the clock update is an important criteria in the fast changing Forex trade.
The robot seems to be user-friendly , as it can be downloaded and installed easily and requires less user intervention. There is a practice account with the product package in order to sharpen your trading skills without actively participating in it. On summing up the IvyBot seems to be very profitable for the usage of both newcomers and veterans in the field of Foreign exchange.