Why Rofx.net is the Best Bitcoin Trading Bot Compared to Gekko and Zenbot

Forex trading can be a very lucrative and rewarding business. It can also take you down a ruinous financial journey for which you can deeply regret. The difference lies is the mix of skills in this otherwise nerve wracking activity.
Being a successful forex trader requires great skill and experience. It is estimated that 95% of forex traders lose their money. That’s just how brutal the sector is. Enter forex trading robots.
With advances in technology, pretty much anyone can participate in forex trading and make a profit while at it. Robots are getting better at analysing the markets and making the best trades.

What is a Bitcoin Trading Bot?

Crypto trading bots are algorithms specifically programmed to read trends and execute winning trades in the cryptocurrency market. They interact directly with exchanges like Coinbase through an API, interpret the data and places buy or sell orders.
ROFX advantages
Basically, crypto bots react to market data according to certain pre-programmed rules. Orders, volume, price and time are just some of the parameters monitored by trading bots.
Bots are not new. They have been in use for some time for example in equities.
Even then, they have for a long time been a preserve for corporations and the rich. From simple electronic order books, bots made their way into forex trading and are now very much part of crypto trading.
Bots are becoming much more cheaper and sophisticated by the day. And they are now more or less universally accessible.
Trading robots like the Bloomberg terminal are still very pricy at about $10,000. Luckily, the blockchain technology has opened up the market. It is not uncommon to find completely free and capable bots on offer. We look at a few of them and evaluate their capabilities below.

Gekko review

Gekko trading bot is one of the many crypto bots now available in the market. This is an entry level open source trading bot that can aggregate live data, price data, calculate indicators and execute trades. It can also backtest trading strategies using live data.
Gekko is basically an entry level trading bot for people who are just learning and experimenting on different strategies. Its functionalities are very limited compared to others already in the market. It does allow users to take advantage of arbitrage opportunities. This is not a high frequency trading bot either but a good place to start for people trying out bitcoin trading bots for the very first time.

Zenbot review

Zenbot is also an open source trading software. This means it can be downloaded for free on Github and modified. One advantage with Zenbot is that it supports multiple currencies.
The general strategy is based on technical analysis of the markets with extensive backtesting, high frequency trading. A paper trading function for testing strategies in real time is also in place.
Tests have however shown a discrepancy between live trading and paper trading. Users have reported making losses in live trading when in fact paper trading shows gains.
The developer warns against putting in large amounts of capital into the bot. Updates to the platform can take several months meaning it is at a major disadvantage compared to other competitors. A good zenbot review reveals that it is not the best if you are looking at minimizing risk and making a profit. You definitely might want to think twice before deciding to choose zenbot for bitcoin trading.

So why Rofx is better than Gekko and Zenbot?

Unlike other markets, the cryptocurrency market never sleeps. This can be highly stressful for traders who need to always be in the know. They need to constantly see and interpret the markets and make that winning trade. But traders need to sleep sometimes. Which is why trading bots come in hand.
Rofx.net is a fully automated trading robot. This means there is no need for any intervention from you. Rofx.net levels the ground for beginners and experts alike. If you are a beginner, you can start earning passive income from cryptocurrency trading right away while knowing close to nothing about trading. For experts, automated trading takes off the pressure of always having to stare at the charts all day.
Robots can see an unlimited number of trading signals and execute buy and sell orders. Humans can’t simply match the speeds and will inevitably miss many opportunities to make profit.

Constant Profit

Rofx.net is one of the few trading robots that have proven themselves in the market. Rofx.net has been around for more than 9 years and getting better at making profits for its users. In 2017, customers made more than 100% profit. If you look at the charts, Rofx.net has been posting better results each coming year from about 88% per cent when it started out. The average profit per day is 0.38% or 10% every month. This is just about the best crypto trading bot ever made.
Since it is automated, the robot can send signals to an unlimited number of trading accounts that are linked to it.

No charges

Unlike many other trading platforms, Rofx.net does not charge any fee for withdrawals. Withdrawal fees and other arbitrary charges place a very high burden on traders. The good news is that you can escape this yoke with Rofx.net trading robot.

No Losses

When you use Rofx.net, the developers assure you that you will make no losses. That might sound superfluous but it’s actually true. Of course the robot is not perfect. None is. There are a few days it will make a few losses. But the company maintains an reserve exactly to cover for such scenarios. It takes a high level of confidence in its systems for Rofx.net to provide such reassurance. Rofx.net places minimum risk trades and has a stop loss system that allows it to exit trades with minimal losses.

Powered by Artificial Intelligence

In the fast changing world, it takes more than an algorithm to turn in a profit. You need the constant input from trading experts. But artificial intelligence is one of the most important ingredient to a trading robot. Rofx.net has AI built into it to constantly learn and modify its strategies on the go.

Easy transfers and simple user interface

You can load your using Visa/MasterCard and bank transfer. You can also enjoy one-day bitcoin funding.
Rofx.net comes with a simple, easy to use interface. Newbie will have not trouble navigating the high contrast and self explanatory site.

Best Bitcoin Trading Bot for Bitcoin

The combination of the clear advantages above easily makes Rofx.net the best bitcoin trading bot for bitcoin. The combination of automatic trading, artificial intelligence makes Rofx.net one of the most advanced bitcoin trading bots. With loss coverage, it is not difficult to see why this is the best bitcoin trading bot currently in the market.

Why Rofx.net is the Best Bitcoin Trading Bot Compared to Gekko and Zenbot
4.2 (83.33%) 6 votes

By | 2018-06-18T14:46:46+00:00 March 28th, 2018|Blog|Comments Off on Why Rofx.net is the Best Bitcoin Trading Bot Compared to Gekko and Zenbot