Gerchik&Co a Belize-regulated Russian forex broker, announced it has added the RoboX automated service to its trading tools.
RoboX is developed by the Israeli fintech company Tradency and was launched earlier this year. Dubbed “a smart trading machine”, RoboX is a type of automated trading service that adapts to the needs, preferences and trading risk of the individual trader based on a questionnaire filled in upon sign up. The service offers “smart packages of strategies” compiled of the millions of strategies and trading signals passing through Tradency’s trading platform. The company’s proprietary algorithm is based on the data about preferred and best performing strategies, instruments, time frames and trader behavior Tradency has accumulated over the years.
Gerchik&Co was established in 2015 in Russia with a license from Belize’s regulator, the International Financial Services Commission (IFSC) and is mostly active in Russia, Ukraine and Belarus, where it recently got a forex license.
The broker offers trading in forex and CFDs. There are five types of live trading accounts, all of them with a maximum leverage of 1:100. The minimum initial deposit for the Mini account is $500.