August 18, 2010 12:00

Your Smart Solution to Trade Foreign Exchange

FWS 1.0 : Frequently Asked Question

What is Forex?

  4. The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies. The foreign exchange market is the largest and most liquid financial market in the world. Traders include large banks, central banks, currency speculators, corporations, governments, and other financial institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Daily turnover was reported to be over US $3.98 trillion in April 2010 by the Bank for International Settlements
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What is Expert Advisor (EA)?

  1. Expert Advisors (EA) are used to render the trading process automatic allowing to exempt the trader from continuous watching the market. Many professional traders have a big amount of trading systems allowing them to work in different markets and under different conditions. EA is robotic script written in MQ4 language. It can work in the Metatrader 4 trading platform. 
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What type of trading software should I use to work with fws?

    FWS can works with all Metatrader4 (MT4) forex trading platforms. MT4 can be found and downloaded from most brokers' websites. It is free.
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I have no experience with EA/ROBOT. Is it easy to use?

  1. Yes it is easy to use. Forex Winning Solution is based on a new generation technology that allows you with a few clicks to install, run and start earning money. No need to be professional. Everyone can do it. It is completely hands free and the whole process is 100% automated.
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How can I install fOREX winning solution (fws)? Is it easy?

  1. Yes it is too easy. Just a few steps and you will be ready to use Forex Winning Solution (FWS). You can download detailed installation guide from the download section in the member area. It will guide you through the setup process.
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How can I activate my FOREX winning solution (fws)?

  1. You should login into your Account: http://www.expert-advisor-server.com/forexwinningsolution and then find license info. Update your account number and then EA ready to trade for you.
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Can Forex Winning Solution work when I am away?

  1. Yes Forex Winning Solution can work 24 hours per day from the market opening on Monday to the market closing on Friday. You don't need to monitor you trades. Our EA will do it for you. It will monitor the trades, open and close positions automatically.
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Where can I download MT4 (Metatrader 4) trading platform?

  1. MT4 is a free trading platform. You can download it from the official web sites of your broker. You can download here http://wssfx.com/forex-broker.php
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What do I need to start trading Forex?

  1. First you need a computer with a minimal hardware configuration and a stable internet connection. Second you need to install Metatrader 4 trading platform. You don't need to have any additional Forex knowledge because our Forex Winning Solution includes detailed User Guide & Installation Manual. And our technical support are ready to help you.
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Can I use FOREX WINNING SOLUTION with any broker?

  1. You can use any broker that offers the Metatrader 4 trading platform.
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Should I trade myself when I use FWS?

  1. You don't need to trade yourself. Just turn on FWS and let it trade using your account to bring some profit for you. Of course you can trade manually too. But we recommend that you use only FWS to avoid any lost.
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Do you offer free updates?

  1. Yes we offer free updates of our robot. Our development team will not stop improving of the FWS and make it adaptable with current market condition. We will share optimization result every month in the member area.
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Does the Robot Trade Every Day?

  1. If there are good conditions for trade (buy or sell) the robot will take the necessary actions. If there are no good conditions the robot will wait for the most suitable moment to open an order.
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I don't have much money. What is the minimum amount needed to start trading?

  1. We know that the money are the main question. We know well that many people don't have much money to get started. Our robot is made to be able to trade with a minimum amount of money. The minimum amount depends to your brokerage company too. You can start trading with a small amount as $100-$500. But don't forget the fact that trading with a small amount may be disadvantage because you will only be able to trade the market in small sizes. The recommended capital is $1,000-$5,000 of course you can test it with Demo account first.
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Is it possible to run more thAn one EA on a single account?

  1. Yes it is possible. FWS will not touch any other trades.
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Do you provide customer support?

  1. Yes we provide customer support. Our support team is working 24/7 for you. If you have any questions about our robot or about our website don't hesitate to contact us.
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Can I use FWS on other currency pairs?

  1. Yes you can use but FWS is designed to work on currency pair GBP/USD (M30 chart)!
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What is best Demo or Real account at the beginning?

  1. You should always test your Expert Advisor on a Demo account first to check if your broker is compatible with your current Expert Advisor! NEVER trade on Real account without testing on Demo first!
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Can I use FWS on a demo account until I feel comfortable trading on a live account?

  1. Yes you can. You can use FWS and switch between demo and live trading at any time you wish.
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What kind of internet connection and computer hardware do I need?

  1. We recommend to have a stable internet connection and computer hardware, working without interruptions 24 hours a day from the market opening on Monday to the market closing on Friday.
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Should I turn off FWS on weekends?

    You don't need to do that. The market is closed on weekends and the FWS will sleep until Monday..
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What will happen if I lose internet connectivity for a short time?

  1. This will not affect the system as long as the internet is reconnected within a short period.
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What will happen if my computer lose power or reboot?

    You shouldn't worry about that. The trades that are currently open will stay open until the computers power is restored, no new trades will open at this time and the system will resume normal trading as soon as the power is restored. Just start your computer, run the Metatrader again and be sure that your FWS EA is turned on. It will continue trading..
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    I AM WSS OLD MEMBER, I WANT TO USE FWS?

      Please email us at support@forexwinningsolution.com.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FWS provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FWS specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FWS expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.