How to choose the right automated trading platform: 8 things to consider

Automated trading platforms offer a range of benefits, including the ability to execute trades quickly and efficiently, as well as the potential for improved trade performance. However, it's important to carefully consider a number of factors before using an automated trading platform, in order to ensure that you are using the right platform for your needs. In this article, we will discuss 8 things to consider when using an automated trading platform.

1. The trading strategy or strategies being used by the platform.

   Autoview itself does not provide trading strategies. It does however allow traders to share theirs with others. Autoview does its best to provide you with all the necessary information tomake an educated decision on whos strategies you should follow.
   
   

2. The security of the platform and the protection of your funds

   Autoview is a Chrome extension that is run directly on your personal machine. Your API Keys are as secure as the machine you are running it on. There is no 3rd party or middleman sharing your data. Requests are between your Chrome and your brokerage.
   
   

3. The fees associated with using the platform, including any commissions or spreads.

   Autoview truly believes that traders have enough fees and commissions to worry about. In the cases that we partner with a brokerage, we can have them pay on your behalf. For the other integrations, we simply ask for a small monthly subscription that provides all access to our features and tools.
   
   

4. The availability of customer support and the responsiveness of the support team.

   Autoview support and staff is most active 9-5 Mon-Fri, however Autoview has a great community in Discord that is always willing and able to help other members 24/7. https://discord.gg/autoview
   
   

5. The platform's track record and overall performance

   Autoview has been around since 2015 and has helped 10's of 1,000's of traders automate aspects, or all of their trading.
   
   

6. The range of assets available for trading on the platform.

   Autoview currently has more than a dozen integrated brokerages that provide access to crypto, commodities, forex and futures.
   
   

7. The platform's user-friendliness and ease of use

   Autoview has a steep learning curve, but once the basics have been grasped, the sky is the limit.
   
   

8. The reliability and uptime of the platform, as well as any potential downtime or maintenance periods.

   With Autoview being a Chrome extension, the uptime is solely on the user. We highly recommend a quality VPS to help ensure your machine is running and connected to the internet at all times.
   We are also regularly providing updates to the extension, which are managed and typically upgraded automatically by Google on behalf of our members.

In conclusion, using an automated trading platform can be a great way to improve your trade performance and efficiency. However, it's important to carefully consider a range of factors before choosing a platform, in order to ensure that it is the right fit for your needs and goals. By considering the points discussed in this article, you can make an informed decision and select the right automated trading platform for your needs