PsyQuation Review (https://psyquation.com/?c=pq&fp_ref=denis-voshchanov64)PsyQuation Review (https://psyquation.com/?c=pq&fp_ref=denis-voshchanov64)
Founded 2015 year
Headquarters Australia, North Sydney, 90 Arthurs Road., 10th Floor
Support Number +61-43-423-49-79
Support Types Phone, email, feedback form on the site
Languages English, Thai, Spanish, Chinese, etc.
Trading Platform MetaTrader 4
Minimum 1st Deposit $1
Minimum Trade Amount $5
Leverage Up to 1:1000
Spread ecn.mt5, pro.ecn.4: from 0; ecn.mt4: from 0.1; standard.mt4, mt5: from 0.3PsyQuation Review (https://psyquation.com/?c=pq&fp_ref=denis-voshchanov64)
Regulation ASIC (AFSL №218770)
Deposit Methods Cash, credit/debit cards, bank transfer, Qiwi, Skrill (MoneyBookers), Neteller, Yandex.Money, Webmoney, etc.
Withdrawal Methods Cash, credit/debit cards, bank transfer, Qiwi, Skrill (MoneyBookers), Neteller, Yandex.Money, Webmoney, etc.
US Traders Allowed No
Mobile Trading Yes
Forex trading is a risky business, but with the strong potential for building a financial future. The Australian company PsyQuation aims to help traders make more intelligent trading decisions. Launched in 2015, the PsyQuation project uses profiling of traders' behavior and sophisticated algorithms that can analyze and give recommendations to help improve trading results, as well as more attentively look at trading behavior, eliminate errors and make more profit.
Still, PsyQuation is a dilution and unsafe analytical platform for work or a serious Forex organization? You can get answers to these questions by reading our review.
PsyQuation trading conditions
From the very beginning, PsyQuation has been positioning itself and its products as a profitable partner not only for private traders trading on the Forex market, but also for Forex brokers providing access to the market for their clients. These are for instance ForexStart, AMarkets, Alpari etc.
According to statistics, 95% of traders lose their money on the market and only 5% stay profitable. Since the launch of its first beta version of the software in May 2016, PsyQuation has trumpeted that its goal is to change these statistics in favor of private traders through the use of analysis and training algorithms applied in Proprearity trading companys, complemented by self-learning artificial intelligence (Forex trading training).
PsyQuation has also managed to gain the trust of brokerage companies. Cooperation with it often means honest and open work of a broker, as the goal of improving the trading results of private traders can be positive for an honest broker, who earns only on the commissions that he receives for transferring the client's transaction to his liquidity provider and then to the real market (full truth about Forex).
After all, the statistics, which speaks about the losses of 95% of traders, does not allow brokerage companies to build long-term relationships with new clients, because most of them, having failed, leave the market and never come back. PsyQuation also offers a number of tools to help clients keep track of their trading progress, including the Equity curve calculator, informative statistics, intraday VaR (Value at Risk) calculator and much more.
PsyQuation (https://psyquation.com/?c=pq&fp_ref=denis-voshchanov64) applications offer unique analytical data on behavioral profiling, which helps a trader to determine the patterns in his or her trading behavior and how they affect the ability to make a profit. Depending on a trader's personal risk profile and trading habits, PsyQuation can help a trader to improve his trading performance and, most importantly, to keep him on the right track, helping him to set and achieve realistic trading goals using a unique tool called a behavioral profile index. In fact, this index serves as an information point that encourages the willingness to accept offers to improve trading from the service, as well as to punish for ignoring such offers.
Psyquation overview by Vesper Capital
How to Avoid Costly Trading Mistakes - Webinar with Michael Berman, CEO of PsyQuation
The application is a toolbar in a web browser and can be accessed by any client using the MT4 trading platform. The PsyQuation Control Panel is designed to display the most important aspects of a trading account. The data displayed immediately after logging in to the PsyQuation platform is available in a clean and easy-to-read form. The project team has carefully developed the toolbar so that it also displays the summary and gives advice on how to improve the overall performance and profitability of a trader.
Since a lot of things happen at the same time during trading, trading can be very stressful sometimes. Tools based on self-taught artificial intelligence allow you to guess the trader's forecasts, find out which of his guesses are false in order to continue trading without making a fatal mistake.
To start working with PsyQuation services, you need to register a trading account with one of PsyQuation 's partner brokers. The next step is to request access to the PsyQuation application from this broker. After that, the PsyQuation application will get access to the trading data received from the broker, analyze them and provide a number of recommendations on how to improve your trading habits.