CySEC and IFSC regulated global FX brokerage RoboForex today announced a new third party addition to its offering fitting for its name. Capitalizing on the growing algorithmic trend for retail traders, RoboForex added StrategyQuant, a trading robots and strategies designer.
Using a desktop version or EA Wizard web platform, clients will be able to create, backtest, and optimize trading robots for the MetaTrader 4 platform even if lacking in programming skills.
As part of the package, the broker included EA Wizard for beginners. More experienced traders can utilize the desktop version of StrategyQuant.
EA Wizard accounts minimum deposit stands at $500, while StrategyQuant accounts minimum deposit is set at $1,000.
Apparently, the service is free to traders, but to retain access to StrategyQuant products after the first month, trading volume has to be at least 5 standard lots per month.
For detailed instructions how to work with the StrategyQuant software click here (PDF).