AI trading vs AI forex signals. What's the best FX solution?

Lucas Vaz

Last update 2020.10.20

If you search for forex signals on google, you will find around 22.2 million results, all related to signal providers, forex brokers, and trading platforms. This huge amount of links is mainly due to the popularity of forex trading worldwide, which has become a strong point of discussion in the financial sector. However, have you ever wondered whether it is worth using forex signals to trade? Do you know what AI forex signals are? Which is the best, manual forex signals, AI signals, or AI trading?

In this article, we hope to help you understand the difference between automated AI trading and AI forex signals and how to improve your fx trading performance with both investment tools.

What you will learn ahead🎓

What AI forex signals are
Comparing AI signals and AI trading
How to use artificial intelligence to trade
Why manual forex signals providers are no longer the best choice
What forex brokers to use for AI forex signals and AI trading.

Understanding forex signals 🧐

The digitization of forex trading has enabled people from anywhere to trade. But, do people really know how to trade forex? Overall, no. It turns out that forex trading involves dealing with a variety of factors, such as currency symbols, direction, type of contracts or lots, risk management, spreads, liquidity, targets (take profit and stop loss), type of orders, leverage, and so on.

Thus, forex trading is complex and that is why forex signal providers increase every day. They provide trading recommendations to people, also known as forex signals, to make forex trading easier. These forex signals are usually calculated by professional traders using MT4 or other trading platforms using a set of trading indicators, and it is commonly distributed through Facebook, Telegram, and WhatsApp groups.

💡 Then, a forex signal is basically a combination of information for opening and closing orders through forex brokers. These recommendations, or signals, are usually sent by individual investors or expert advisers.

But is it really efficient? Are forex signal providers reliable? How much does it cost? What is the best forex signal, provider? Are they scammers? Considering all the complexity of the financial market, are individual expert advisers able to support a mass of Forex traders?

Well, as you can see, just having access to this type of service will not make you rich, and to make it right, you really need to know more about forex and finance. You also must be wary of free forex signals providers and fake professional traders who might be scammers.

It turns out that it is impossible for a human being, or even for a group of expert traders without robust automation, to process big data economics as quickly and efficiently as a machine with AI can. It means that simple robot traders or automated trading through MT4 / MT5 are no longer efficient, mainly due to the large amount of data involved in forex trading.

📌 Just a real AI trading system can rapidly analyze big data and bring it to life to trade. It is important to make clear that MT4 does not support AI and many websites out there have been promoting this sort of service (MT4 with AI). Another point is that unlike a human being or simple algorithms, an AI can work 24/7, doing a much more productive job.

Before choosing a forex signal provider, you must evaluate whether they are really capable of providing a good long-term solution. Let us help you with finding the best forex trading system ahead.

You should also be wary of free forex signal providers and fake professional traders who may be scammers displaying that they offer AI through MT4. The native trading code solutions of MetaTrader are not able to fit AI software.

The only way to use AI via MT4 or MT5 is to connect it to an external source, on which the AI can execute, mirroring the negotiations on MetaTrader.

With Wiseinvest automated AI trading, you do not need MT4 or any other trading platform. You just need to link your forex broker account directly on our dashboard and enable the AI trading in 1-click.

Artificial intelligence has arrived in forex

Hopefully, Artificial Intelligence (AI) appeared in the financial space, helping companies and traders to improve the trading experience. It came first to the stock market, motivating the rise of Robo-advisory companies, such as Robinhood and Betterment. Finally, Wiseinvest developed the AI forex signals and the AI trading solution, which made possible trade forex automatically.

What is AI?
🔬 🎯 Artificial Intelligence is a system capable of analyzing and learning in order to make predictions. The goal of using AI is making our lives easier, doing complex tasks faster, better and cheaper.

With the implementation of AI in forex trading, it is now possible to analyze the mass of data involved in forex trading to define the best trading strategies much faster than when done by humans using technical indicators. Therefore, an investment system developed as an AI is able to identify many more good trades, much more accurately than manual forex signal providers.

📌 The dynamics of the market have changed and we have to agree that we need machines to do many things better, especially in the field of the forex trading market. From this point of view, the providers of manual forex signals are no longer a great choice. AI is the best forex trading solution and you can use it now wherever you are.

AI forex signals vs AI trading

Once you can use AI to trade forex, how do you do that? Wiseinvest has developed two solutions to make forex trading easy and efficient:

AI Signals

This is an AI system that sends real-time forex signals to be manually placed by the trade-in any forex broker. In doing so, you can use AI signals to trade in the broker of your choice.

AI Trading

This is an AI that can invest automatically for you without the need of copying the signals manually. You just need to link a forex broker account and enable the AI to trade. This is totally hands-off and can save you a lot of time.

Which is the best, AI Signals or AI trading? 🔎

Well, AI signals are the evolution of forex signals. But, I truly believe that with AI trading it is much more efficient and time-saving. Check out below some benefits of AI trading which AI signals do not have:

Very easy setup in 3 minutes.
Totally hands-free, from anywhere.
Invest from just $1.
Integrated with the forex best brokers.
APY of 40% over the past 13 years*.
Lightning-fast execution & no slippage.
No commissions, no management fees.
Portfolio with 40 different automatic strategies.
No MT4/MT5 or other platforms required.
Test with a risk-free practice account.
Trading results directly on our dashboard.
Trading alerts in the broker account by email and Telegram.

How to trade forex with AI trading

What forex brokers can I use to trade with AI?

You can trade automated with AI through the forex brokers FXCM and Oanda, which are some of the largest and most reliable forex brokers in the world. Open an account for free and start trading on Oanda from just $1 clicking here, or with FXCM from $300 here. You can also get a risk-free account to test our AI trading.

If you want to trade through the broker of your choice, you can use our AI forex signals. In this case, our AI will send you alerts by email and Telegram in real-time. Then, it just copies the signals and pastes them into the broker. To trade manually, we suggest the forex broker XTB.com, which is one of the largest forex brokers in Europe. You can open a free account with XTB clicking here.

Our AI trading system was developed to serve the worldwide community of traders. However, it is important to mention that there are some restrictions from the forex brokers’ side. You can check your eligibility directly when trying to register with the broker.

Check out how you will see the brokers on our dashboard. You just need to select one and paste your account information on “Edit Account”.

What happens after linking a forex broker account with AI trading

The AI will automatically invest on average every 12 hours in your account.
There will be up to 60 trades per month (Monday – Friday).
You can enable and disable AI whenever you want.
Check your trades on our dashboard or the brokerage.
You can link more than one broker at the same time.
You don’t need MT4 / MT5. It’s all on our dashboard.
Your capital is protected under the broker.
Your personal data is protected by us.

Would you like to try our automated AI trading for free in a risk-free practice account? Get started free here.

Do I need to use MT4/MT5 or another trading platform?

With Automated AI trading you do not need MT4 / MT5 and other trading platforms to invest in forex. All forex trades are automatically placed into your broker account every time that our AI system identifies a new worthy trading opportunity. You can monitor the AI trading performance in real-time directly on our dashboard.

Why trust Wiseinvest instead of other trading solutions

These are the main reasons why forex traders at all levels trust us, rather than other trading solutions.

Our automated AI trading is efficient, simple, safe, and affordable. You do not need MT4 or other complicated platforms to trade forex.
We are a legitimate and reliable company with extensive experience in finance. We combine 19 years of trading experience and extensive academic research in the financial markets.
Our AI outperformed the investment market with an average annual return of 42% over the past 10 years (2011-2020).
The automated AI trading works with some of the best forex brokers.
When using our AI solutions, all your money is protected by brokerage firms.
We do not have access to withdrawals from our customers’ accounts.
All of your data is encrypted and will never be shared.

Takeaways

Whether you are a beginner or a professional trader, artificial intelligence can help you invest in forex.
Wiseinvest provides helpful AI trading solutions for forex. You can trade automated through partner brokers with AI trading or manually with AI forex signals in the forex broker of your choice.
To trade forex with AI you just need a Wiseinvest subscription and a trading account with partner brokers. We suggest the forex broker Oanda to start trading from just $1.
You can get started with free AI forex signals and use a risk-free practice account.

We are engaged in democratizing the retail forex trading market through AI solutions. We work hard to provide financial education, allow anyone in the world to invest easily with Automated AI trading and free AI forex signals. Our AI platform is integrated with AWS, IBM Watson, and Google AI.

Disclaimer: Forex and Contracts for Difference (CFDs) are complex instruments and come with a high risk of losing money due to leverage. Forex trading is not suitable for everyone. You should consider whether you understand how forex and CFDs work and whether you can afford to take the high risk of losing your money.

The forex brokerages displayed shall disclaim the overall performance of traders in their platforms. Oanda warns that 76.8% of retail forex traders lose money trading CFDs. XTB warns that 80% of retail forex traders lose money trading CFDs. FXCM warns that 74.74% of retail forex traders lose money trading CFDs.

The performances aforementioned are not related to Wiseinvest AI forex trading and AI forex signals system. You can check the performance of our AI forex system on our dashboard.

AI trading vs AI forex signals. What's the best FX solution? How to trade Forex Automated with AI in simple steps How does Wiseinvest use AI to trade forex? How to Trade Forex with Artificial Intelligence

We can help you trade Forex.

About the Author