Frequently Asked Questions

Frequently Asked Questions

Forex (also referred to as Foreign Exchange or FX).

The foreign exchange market, also known as the forex market, is the world’s most traded financial market.

The forex market is by far the largest and most liquid financial market in the world, with an estimated average global daily turnover of more than US$6.5 trillion — which has risen from $5 trillion just a few years ago.

Forex trading is the process of speculating on currency prices to potentially make a profit. Currencies are traded in pairs, so by exchanging one currency for another, a trader is speculating on whether one currency will rise or fall in value against the other.

The value of a currency pair is influenced by trade flows, economic, political and geopolitical events which affect the supply and demand of forex. This creates daily volatility that may offer a forex trader new opportunities. Online trading platforms provided by global brokers allow traders to buy and sell currencies from their phone, laptop, tablet or PC.

Forex offers many benefits to retail traders.

You can trade around the clock in different sessions across the globe, as the forex market is not traded through a central exchange like a stock market. This means you can jump on volatility, wherever it happens. High liquidity also enables you to execute your orders quickly and effortlessly

Trading forex using leverage allows you to open a position by putting up only a portion of the full trade value. You can also go long (buy) or short (sell) depending on whether you think a forex pair’s value will rise or fall.

Forex trading offers constant opportunities to profit across a wide range of FX pairs.

No, Meta Trade Bot is NOT a Forex Broker or Trading Platform.

Meta Trade Bot is an advanced auto-trading software tool developed by ASCENDING EQUTIY that uses artificial intelligence to trade currency pairs. It is accessible through the broker’s cloud-based Trader’s Room portal by invitation only.

Regardless of trading experience, Meta Trade Bot allows invited subscribers to confidently access the forex markets and fully automate their trading. To get started, use the application link provided by the person who invited you and open and fund your MT4 trading account at the recommended broker. After funding your trading account, simply sign in to the broker’s cloud-based Trader’s Room portal, agree to the terms, and subscribe to the Meta Trade Bot strategy of your choice.

Access to the Meta Trade Bot is available exclusively at our recommended broker.

Yes, Meta Trade Bot is cloud-based and fully automated. This means that once you have opened your account and subscribed to the software, your account is traded on full auto-pilot.

Once subscribed you can return to the broker’s Trader’s Room portal at any time. Sign in as “investor” with your MT4 Login & Password to monitor all trading activity in your account. Easily sign in from any desktop or mobile device and monitor your trading 24/7.

The Meta Trade Bot does all the hard work that traders hate. Say goodbye to countless hours of research, analysis and emotional stress. The Meta Trade Bot handles it all while you focus more time on your family, business, hobbies, sports, etc.

Yes.  Regardless of trading experience, Meta Trade Bot allows subscribers to confidently access the forex markets and fully automate their trading. 

Meta Trade Bot is cloud-based and fully automated. This means that once you have opened your account and subscribed to the software, your account is traded on full auto-pilot. 

Meta Trade Bot makes it easy for anyone to get started with forex trading. 

No, Meta Trade Bot allows you to start auto-trading and gaining opportunities in the Forex market with very little knowledge of the market itself.  However, It is important to understand your own risk appetite and only apply the Meta Trade Bot to your account according to that understanding.

Yes, you must open your own trading account at the recommended broker to gain access to the Meta Trade Bot.

No, there are no lock-in periods or penalties for withdrawing your money from your account. It’s your account.  You can withdraw your money from the broker and/or unsubscribe from the Meta Trade Bot at any time.  It’s completely up to you.

No, the funds in your trading account are in your name at the broker. You are the sole proprietor of your account and you are the only one who can make deposits to or withdrawals from your account. Only you have control of your account. Subscribing to Meta Trade Bot simply allows for the trades generated by the Meta Trade Bot AI software to be placed in your account, and for a deduction of agreed-upon performance fees when new profits are earned in your account.

At the end of each calendar month after your account begins trading, if your account has earned a profit, the broker will deduct the agreed-upon performance fee from new profits earned in your account. Each subsequent month that new profits are earned they will do the same. If there are no profits in a given month, there are no performance fees deducted. A new “high water mark” is established based on the equity balance of your account after performance fees on new profits are deducted. This new “high water mark” must then be surpassed by new profits before any future performance fees can be calculated and deducted. If there is a losing month, all losses must be recovered and your account’s equity must surpass the most recent “high water mark” before any new performance fees can be earned.

Meta Trade Bot’s share of performance is deducted from your account’s new profits on a monthly basis as follows: 

Performance Fee: 30%

Yes. Simply login to the broker’s Trader’s Room portal and unsubscribe from the Meta Trade Bot strategy you are subscribed to. To withdraw funds, simply execute a withdrawal request according to the broker’s withdrawal procedures. (Withdrawal procedures are outlined on our “META TRADE BOT” page).

Meta Trade Bot subscribers have the option to subscribe to either the Meta Trade Bot Conservative or the Meta Trade Bot Aggressive strategies.  The Conservative strategy applies the same leverage/risk/profit settings that are applied to the team’s professionally managed funds (same settings as the fully verified results on our Live Trading page). The Aggressive strategy is identical to the Conservative strategy but simply increases the leverage/risk/profit settings of the Conservative strategy by 1.6 times.  Meaning the leverage, risk, and potential for profit or loss realized while subscribed to the Aggressive strategy will all be 1.6 times greater than that of the Conservative strategy.  

The following details of the Meta Trade Bot settings are provided for informational purposes only and are in no way a guarantee or indication that your account will achieve similar profit or be exempt from exceeding historically observed maximum risk:

Meta Trade Bot Conservative:
Annual profit target: 20%-30%.
Historically observed max risk: <20%

Meta Trade Bot Aggressive:
Annual profit target: 40%-50%.
Historically observed max risk: <40%

Meta Trade Bot does not provide financial or trading advice. It is important to understand your own risk appetite and only apply the Meta Trade Bot to your account according to that understanding. Meta Trade Bot is in no way liable for any financial losses that may occur for any reason.

No, not at all. Once subscribed, Meta Trade Bot trades your account on the cloud on full auto-pilot. It’s truly set and forget. Through technology provided by the broker, the Meta Trade bot is already hosted on the cloud and actively connected to your trading account 24/7. No need for VPS or to be continuously logged into your account from your computer or mobile device.

Yes, Meta Trade Bot trades your account on the cloud on full auto-pilot.

No, it only trades when trade opportunities are identified according to its built-in strategies.

The Meta Trade Bot was designed to trade effectively through economic news events and has proven robust while trading in these conditions both in extensive backtesting and live trading.  However, each user must understand their own risk appetite and use the Meta Trade Bot according to that understanding.

 $1,000 minimum for trading plus a one-time activation fee of $300 for lifetime access to the Meta Trade Bot.  So you can get started with as little as $1,300.

No.  Lifetime access to the Meta Trade Bot is just $300 whether you deposit $1,000 or $1,000,000+ to your trading account.  The activation fee is a one-time-only fee to cover initial setup and administrative costs.

Meta Trade Bot has been rigorously back-tested on real data feeds dating back 7 years, and Meta Trade Bot trading strategy has proven its value by consistently delivering profits to both retail and institutional subscribers in live trading since May 2018.  MORE IMPORTANTLY Meta Trade Bot has further proven its value while trading on FULL AUTO-PILOT IN LIVE TRADING SINCE JULY 2022.  Third party verified Live Trading Results (updated in real time) are right in front of you on our results page! 

Meta Trade Bot provides 100% transparency.  Prospective subscribers can observe verified live trading results on our results page as long as needed and then subscribe when they are comfortable.

 Meta Trade Bot is built around a strategy that is both fully back-tested for 7+ years and forward tested and verified in real time trading for 5+ years, including proving itself on full automation from July 2022.  Once a client pays the small one-time activation fee they gain lifetime access to MetaTradeBot and incur no further out-of-pocket charges.  Going forward a reasonable performance fee is deducted by the broker ONLY when Meta Trade Bot generates new profits in subscribers accounts.  

Meta Trade Bot provides 100% transparency and prospective subscribers can observe live trading results in real time on our results page and subscribe when they are comfortable.  For this reason, Meta Trade Bot does not provide any money back guarantees or refunds. 

Meta Trade Bot does not provide financial or trading advice. It is important to understand your own risk appetite and only apply the Meta Trade Bot to your account according to that understanding. Meta Trade Bot is in no way liable for any financial losses that may occur for any reason.

There are inherent risks with trading any financial market.  No one can guarantee any amount of profits or maximum risk.  Meta Trade Bot is offered  “as is”.  With that being said, Meta Trade Bot is built around a strategy that is both fully back-tested for 7+ years and forward tested and verified in real time trading for 5+ years, including proving itself on full automation from July 2022. Each user must understand their own risk appetite and subscribe to the Meta Trade Bot according to that understanding.

The following details of the Meta Trade Bot settings are provided for informational purposes only and are in no way a guarantee or indication that your account will achieve similar profit or be exempt from exceeding historically observed maximum risk:

Meta Trade Bot Conservative:

Annual profit target: 20%-30%.

Historically observed max risk: <20%

Meta Trade Bot Aggressive:

Annual profit target: 40%-50%.

Historically observed max risk: <40%

Meta Trade Bot is capable of trading numerous currency pairs, however, the optimized and fully automated Meta Trade Bot has been rigorously tested and found to perform at is best when trading a combination of the following 6 currency pairs:  EURUSD, AUDUSD, NZDCAD, EURGBP, AUDCAD, AUDNZD.

No. Simply register on your computer or mobile device using the application link provided by the person who invited you and open and fund an MT4 trading account at the recommended broker. After funding your trading account, simply sign in to the broker’s cloud-based Trader’s Room portal, agree to the terms, and subscribe to the Meta Trade Bot strategy of your choice.

 

Once subscribed your account is traded on full auto-pilot on the cloud. You can return to the broker’s Trader’s Room portal at any time and easily sign in from any computer or mobile device and monitor your trading account 24/7.

Yes!  Simply visit our RESULTS page and click on “Live Trading” or directly visit the following link to our FXBlue Third Party Verified Statement, updated in real time: https://www.fxblue.com/users/mtb-live  (click the drop down menu and scroll to “Monthly return table” to see all monthly performance from May 2018).  FXBlue is a third party verification service that is highly trusted worldwide.

Yes!  The fully automated Meta Trade Bot strategy is back-tested on past feeds dating back 7 years in a real trading environment, further showcasing the reliability and capability of this powerful AI tool even during turbulent times like COVID or the Russia-Ukraine war.

Meta Trade Bot is an official software product of www.AscendingEquity.com

Disclaimers: Meta Trade Bot offers a Software License As A Subscription (SLAAS) to be used as a trading tool at your sole discretion and risk. The Meta Trade Bot is not a broker-dealer, exchange, custodian, money manager, or counterparty. You are responsible for all trading instructions given through the Meta Trade Bot to your trading account and for all trades executed in your trading account as a result of your subscribing to and connecting the Meta Trade Bot to your trading account.

RISK DISCLOSURE STATEMENT
HIGH-RISK WARNING: Trading in the financial markets carries a high level of risk that may not be suitable for all users. Leverage creates additional risk and loss exposure. Before you decide to trade the financial markets, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided ‘as is’ solely for informational purposes and is not intended for trading purposes or advice. By using this website you agree to our full Terms and Conditions and Privacy Policy.

PAST PERFORMANCE AND HYPOTHETICAL BACKTEST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. NO REPRESENTATION IS BEING MADE THAT ANY USER WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING SYSTEM OR STRATEGY WHICH CANNOT BE FULLY ACCOUNTED FOR BY PAST PERFORMANCE OR HYPOTHETICAL BACKTEST RESULTS. PROSPECTIVE CLIENTS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON PAST PERFORMANCE OR HYPOTHETICAL BACKTEST RESULTS AND SHOULD NOT BASE THEIR DECISION OF USING ANY TRADING SYSTEM OR STRATEGY SOLELY ON THE PAST PERFORMANCE OR HYPOTHETICAL BACKTESTS PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST RELY SOLELY ON THEIR OWN EXAMINATION OF THE TRADING SYSTEM OR STRATEGY AND THE MERITS AND RISKS INVOLVED.

The services of META TRADE BOT and information on our website are not aimed at residents of certain jurisdictions and are not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use may be contrary to any of the laws or regulations of that jurisdiction. The products and services described herein may not be available in all countries and jurisdictions. Those who access our website or services do so on their own initiative and are therefore responsible for compliance with applicable local laws and regulations. The release does not constitute any invitation or recruitment of business.

Meta Trade Bot does not offer its services to residents of certain jurisdictions including USA, Iran, North Korea, Syria, Afghanistan, Cuba, Crimea, and Sevastopol, Luhansk People’s Republic, and Donetsk People’s Republic. This list is not exhaustive.

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