Automated Forex Trading

Definition

A type of Forex, or foreign currency exchange, trading software that is run automatically by trading robots programmed with an algorithm to execute trades continuously. While valid programs exist, the SEC has issued a warning against Automated Forex Trading internet scams which attempt to lure investors into signing away the trading rights to their brokerage accounts without due diligence.
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Automated Direct Debit Amendment and Cancellation Service (ADDACS) Automated Order Entry System