There are many different ways to measure “best.” You could measure by daily PnL, return on invested capital, return on total capital including infrastructure and labor (programmers, traders, etc), or in other ways.
Having said that, common automated forex strategies are pure arbitrage and market making. To write a successful automated forex trade using those strategies, you’ll want some extremely fast hardware, a bunch of extremely smart traders and programmers, and really great network connectivity to everywhere you want to trade. Think on the scale of your own dedicated line to UBS, not a “high speed” home internet connection to some forex site. In terms of startup costs, plan to raise a minimum of a few tens of millions of dollars to start, so that you can fund your infrastructure build-out, pay your programmers and traders competitively, and survive some losses as you develop your trades.
One of the basic rules of successful trading is to make right decision at right time on right place. Many broker lost their investment because of wrong decision. Another rules of successful trading is to make a good trading strategy. Without strategy it is quite impossible to make profit from the forex market. A good broker can help to make a good strategy. I use Tpglobalfx as my broker. They always help me when I face some problem in my trading. They are perfect for my strategy. They are very supportive and the trading techniques are very easy.
There are many strategies in the forex market you have to choose one that makes you more comfortable for trading. Every strategy has a different feature. Every reliable broker provides different strategies. A reliable broker and strong knowledge are very important for a trader. It can make you earn a lot of money. I trade with Eurotrader. They are one of the best brokers I have ever worked with. They are really very supportive and helpful.
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