F.A.Q
Frequently Asked Questions
You Ask, We Answer
We are a group of traders and programmers with over 11 years of experience in trading. We developed NexifyBot mainly for our personal trading purposes. Later, to make more profits with our robot, we have decided to release it publicly. For a fee of only 10% from profits, you can also use our fully automated trading robot and enjoy the benefits of profitable algorithmic trading with NexifyBot.
NexifyBot can trade on your account even when the available trading balance is just 1 USD or 100k USD. NexifyBot automatically adjust its calculations of trading amount (lots) according to your available trading balance.
When connected to your trading account, NexifyBot sees what’s the balance available for trading, and it considers it into its calculations automatically every time when it opens a trade.
Let’s see how the calculation works on an example:
Example no. 1:
Let’s say we have 500.000 USD balance on our trading account. And NexifyBot opens a trade “BUY 1.000.000 EUR on EURUSD” on our account. That’s 10 lots. And let’s say the trade will be closed later, with profit +1.000 USD.
Now, let’s see how NexifyBot opens exactly the same trade on your trading account where you have different available trading balance:
Example no. 2:
You have 250.000 USD balance on your trading account. NexifyBot opens a trade “BUY 500.000 EUR on EURUSD” on your account. That’s 5 lots. And the trade profit will be only +500 USD.
If you have an account with 2x lower available trading balance, then NexifyBot opens the same trades but using 2x smaller trading amount (lots), which results in 2x smaller profit/loss. It’s logical. If you have an account with 5x smaller available trading balance, then NexifyBot opens the same trades but using 5x smaller trading amount (lots) and the trade will be closed with 5x smaller profit/loss.
MIN. AMOUNT
Let’s say you have 5000x smaller available trading balance on your account, then NexifyBot theoretically tries to open the same trade but using 5000x smaller trading amount (lots). But, it’s not possible to open such a tiny trade, because brokers have a minimum trade size (trading amount, lots) which they can accept. If your account balance is too low, and NexifyBot tries to open a trade with too small amount (lots), which would not be accepted by your broker, then it automatically uses min amount (lots) instead, which is 0,01 lot per each trade. In order to have NexifyBot trading with more lots, you just simply have to have a higher available trading balance on your trading account.
Try For Free
Try for free. Start on Demo account, when profitable switch to Live.