This round was won by a robot

25 July, 2016

“One day I was at my friend’s place and he was trading in MT4. He told me that on Forex you can earn more than $100 in mere seconds. I didn’t believe him”. – The winner of round 322 of Drag Trade contest, Amir Khan told us how he became a trader and how popular Forex trading is in Pakistan.

Congratulations once again, Khan!  

Tell us how you became a trader. How did it all start?

Well one day I was at my friend’s place and he was trading in MT4. He told me that on Forex you can earn more than $100 in mere seconds. I didn’t believe him. He then said that I can check it myself on a demo account with virtual money. 5 years have passed since I did it and I never regret this decision. Now Forex trading is a great source of extra income for me – my main source is my business. In the future I want to become a big professional trader.

Is Forex trading popular in Pakistan? 

Yes, I would say it is really popular over here. If you live in Pakistan, you can be confident that there is at least one person around you who is more or less acquainted with Forex. That is why it is easy to find a friend or a colleague at work to discuss a new trading strategy and consult a trader more experienced than yourself.

Do you often participate in contests for traders?

Yes, I participate in Forex trading contests quite often. But I especially like Drag Trade because it is one of the very few contests that last for just 1 hour.

Let’s talk a bit about your trading. You opened 9 Sell orders for GBPJPY pair with completely different volume sees like it was algorithmic trading. Did you use a robot?

Yes – this round was won by a robot specifically developed for short term contests. One of my friends develops expert advisors. I once told him about the contest, the task seemed quite interesting for him and he made a robot for me that would suit short contests. GBPJPY pair I chose by myself – I like it cause of the good spread.

What is the most important in a Forex Broker and why did you choose Grand Capital?

Main criteria are, of course, the spreads, leverage and tradable deposit bonus. As for Grand Capital, above all, it offers great interesting contests.

What would you wish or recommend to those contest participants who haven't won yet?

Well, to both new and current participants who haven’t won yet I would advise to first analyse the 30M chart prior to the start of the contest so you know if the market trend is bullish or bearish.

Drag Trade contest is one of the regular contests held by Grand Capital. Participation in all demo contests is free. Just receive the highest profit trading on demo account with initial deposit of $100 000 and become the next winner!


Source  
Installing MT4 and MT5 on macOS is now easier4 Jan, 2021  

The developers of MetaTrader 4 and MetaTrader 5 have released full-fledged macOS installers for these terminals. This means that installing the popular platform...

Grand Capital: 2020. the year in review30 Dec, 2020  

Dear clients and partners! On behalf of the entire Grand Capital team, we wish you a merry Christmas and a happy New Year! 2020 was not an easy year for all of us...

Merry Christmas and a happy New Year!28 Dec, 2020  

In these challenging times, the support of loved ones is more important than ever. We're grateful for your trust, and we're always there to help you on your financial journey...


The new Grand Capital website is here4 Dec, 2020  

We're exited to share with you the completely new design of our website that we prepared for our anniversary! We hope you like how it looks, and find it more useful...

Current investment portfolio extended for the next quarter26 Nov, 2020  

Early in the autumn, we announced the new quarterly investment portfolio for September-November 2020. We'd like to inform you that we are extending the life of this...

Volatility Index (VIX) now available for trading19 Nov, 2020  

Grand Capital clients now have access to another popular trading instrument: VIX CFD, available for trading on Standard and Swap Free accounts...


Optimization of CFD and Forex Metals categories10 Nov, 2020  

Please be advised that optimization of symbols in CFD METALS and FOREX METALS categories will be initiated on November 19th. CFD METALS will become...

Potential volatility spikes amid the US presidential election4 Nov, 2020  

Due to the upcoming presidential election in the US, a significant surge in volatility along with a reduction in liquidity might be expected within this week in the major markets...

How to make money with ETD CFDs?14 Oct, 2020  

Traders buy CFDs (contracts for difference) to speculate on their prices within the day without purchasing the actual asset. ETFs (exchange-traded funds)...

Top 10 Forex Brokers 2021

200+ Forex Brokers
Top 10 Profitable Forex Advisors
The Most Profitable Forex Advisors

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies are integrated into the algorithm of advisers, which will make it possible to earn on the pricing of assets without delving into the subtleties of technical analysis. We present the Top 10 Forex Advisors including Equilibrium, Excalibur, Night Owl...

Top 10 Forex Advisors 2021

Forex Advisor Yield, %
1Flex300
2Fortnite135
3FX Classic Trader335
4Happy Frequency1163
5FX BlasterPRO180
6Trade Manager65.39
7FXCharger77.31
8Forex Truck246
9Alfa Scalper49.36
10XFXea180
All Forex Advisors
TOP 10 Best Forex Trading Platforms
Best Forex Platforms 2021

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets...

Top 10 Forex Platforms 2021

All Forex Platforms