What does it cost to join?

Nothing. You only deposit trading capital with the broker — funds that remain yours.

How do you make money?

The broker pays us a share of the spread when you trade. You pay nothing extra.

Yes. CFD and FX trading involves risk. Past performance does not guarantee future results.

What is the minimum deposit?

Depends on the account type with the broker. Shown during registration.

Can I stop at any time?

Yes. You own your account and can stop copying or withdraw funds at any time.

Which broker is used?

A regulated broker with client funds protected up to USD 1M via a Lloyd's of London-backed program.

Do I need trading knowledge?

No. The strategy handles all decisions.

Singapore Dollar: MAS Expected to Hold Steady Amid Inflation Concerns

The Monetary Authority of Singapore (MAS) is expected to keep its policy for the Singapore Dollar unchanged at the upcoming meeting. This is despite a modest rebound in core inflation, with the Consumer Price Index (CPI) rising 1.6% year-on-year in June. This cautious stance reflects uncertainties regarding inflation trends.

What Does This Mean for the Gold Market?

While MAS's decision directly impacts the Singapore Dollar, it could also have indirect effects on the gold market. A stable Singapore Dollar can reduce volatility in the forex markets, making gold an attractive option for investors seeking safety amid uncertainty.

Automated Trading: A Solution for Gold Followers

For the average investor, keeping up with currency policies and their impact on gold prices can be challenging. This is where automated trading comes in handy. By using algorithms designed to react to market changes, investors can benefit from gold price movements without needing to constantly monitor the markets.

Join aiforex for free and get access to automated trading with a public track record since 2024.