Pips Miner is a completely automated Forex trading software from Forexzone Ltd., a company based in London, UK. The developer of the software is important to consider, because you can tell what they have at stake. For instance, if a software is created by a little known or unknown at all individual, they have nothing to lose and they don’t have to care if their software works right and if they provide good support.
A company like Forexzone, on the other hand risks their brand name should their software fail. It’s a big plus for Pips Miner when deciding to invest in it.
Foreign Exchange Market or Forex is currency trading market and is similar to stock market. The currency pairs are on a trade like shares, only the difference is Forex is much simpler and a lot more active. It is said that because it’s more active, it is a lot more risky. However, in my opinion it doesn’t matter how fast market moves, the risk involved is highly subject to the trader himself. When further comparing stock market and Forex, we must note that sometimes the shares can plummet overnight like none currency pair would ever.