BotX Pro Auto Trading | Smart & Reliable Automated Trading Software

Terms and Conditions

Terms and Conditions

Welcome to BotX Pro. By accessing and using our website, software, and services, you agree to comply with the following terms and conditions. Please read them carefully before using our platform.

1. Acceptance of Terms

By accessing or using our services, you agree to abide by these Terms and Conditions. If you do not agree, please refrain from using our services.

2. Use of Services

BotX Pro provides automated trading solutions. You are responsible for ensuring that your use of our services complies with all applicable laws and regulations.

3. Account Registration

To use certain features, you may need to register an account. You agree to provide accurate information and maintain the security of your account credentials.

4. Risk Disclosure

Trading involves risk, and past performance does not guarantee future results. BotX Pro is not liable for any financial losses incurred while using our software.

5. Termination

We reserve the right to terminate accounts that violate our terms, misuse our services, or engage in fraudulent activities.

6. Changes to Terms

We may update these terms from time to time. Continued use of our services after changes implies acceptance of the new terms.

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Frequently Asked Questions

Foreign exchange referred as forex or FX trading involves buying one currency and selling another while attempting to profit from the trade. In forex markets, currencies are traded against each other as exchange rate pairs. Individuals and businesses use forex trading to secure themselves from unfavourable currency movements.

Algorithmic trading is often called as algo-trading or automated trading utilises computer program and follows a defined set of instructions (an algorithm) for trading. It can generate profits rapidly and more frequently than humans.

Yes, forex trading is legal in India. According to the RBI guidelines – “Resident persons are permitted to undertake forex transactions only with authorised persons and for permitted purposes, in terms of the Foreign Exchange Management Act, 1999 (FEMA).”

Algorithmic Trading has several features that differentiates it from manual trading methods. Some of the key features include, Speed and Efficiency, precision, Automation, Customisation, Backtesting, Diversification, and more.

Algo trading uses computer algorithms to execute trades at high speed and large volumes. This trading method has evolved the financial market enormously yet involves certain risks. Effective risk management in algo trading involves several key strategies: Pre-Trade Risk Controls, Dynamic Stop-Loss and Take-Profit Algorithms, Position Sizing and Portfolio Diversification, Ongoing Monitoring and Surveillance and more.