The foreign exchange market (or the 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 approx. US $5 trillion in April 2016 by the Bank for International Settlements.
Support and FAQ
Answers to FAQ
What is an EA (Expert Advisor)?
Expert Advisors (EAs) render the trading process automatic. This allows traders to capitalize on more opportunities and relieve them from continuously monitoring trading screens. Most institutional and professional traders utilize automated trading systems. EAs are (usually) scripts written in MQL, designed for the Metatrader trading platform. EA’s work 24/5 from the market open to the market close. You don’t have to sit in front of the screen monitoring the trades – the EA lets you set and forget; opening, adjusting and closing positions automatically.
Are FatCat EAs and Indicators compatible with any broker?
Yes, FatCat EAs are compatible with any broker that offers the Metatrader trading platform. Metatrader can be downloaded for free from most brokers’ websites.
What do I need to start trading with FatCat EAs?
How do I apply a FatCat EA (or an indicator or a tool)?
Can I use FatCat EAs and Indicators on more than one trading account?
Yes. You can use FatCat EAs and Indicators on an unlimited number of trading accounts, charts and instruments. You can switch between trading on Demo and Live accounts at any time. You’re in full control. Note that the free version of some of our EAs are only compatible with Demo trading accounts.
Can I run other EAs, trade manually, and intervene with trades opened by FatCat EAs and Indicators?
Yes, FatCat EAs and Indicators do not interfere with other EAs or manually-opened trades. If you intervene with trades opened by FatCat EAs, the EA will resume as normal afterwards. You are completely in control.
Should I shutdown Metatrader or turn off FatCat EAs and Indicators at the weekends?
No, you don’t have to shutdown Metatrader, nor turn off FatCat EAs and Indicators. There is no trading activity over the weekends as the market is closed.
What happens if I lose internet connectivity, or my computer loses power or reboots?
The trades that are currently open will remain open, and no new trades will open. When the computer’s power and/or internet connection is restored, FatCat EAs and Indicators will resume as normal. Just make sure to open Metatrader again and that your FatCat EA is turned on and it will continue trading.
Do you offer free updates?
How can I send you my EA and Indicator settings?
How can I contact Forex FatCat Support?
Please contact us on social media or use the contact form below to contact us.