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 Pressured by MAS Tightening

The latest move by the Monetary Authority of Singapore (MAS) has caught many market participants by surprise. For the second consecutive meeting, MAS has tightened its policy, increasing the slope of the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER), while the band’s center and width remain unchanged.

Impact on the Gold Market

This sort of monetary tightening can have significant effects on commodity markets, including gold. When a currency like the SGD strengthens, it can lead to shifts in investor behavior, impacting gold demand. A stronger SGD can make gold more expensive for Singaporean investors, potentially reducing local demand.

Automated Trading and Gold

For the average investor, keeping track of these rapid changes and their impact on gold prices can be challenging. This is where automated trading becomes invaluable. By utilizing algorithms that analyze market data, investors can automatically adjust their gold investments without needing to constantly monitor the market.

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