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Like most of the world’s trading markets the forex market has operated on a manual trading system for many years now but is increasingly turning towards an automated trading system. There are of course many advantages in moving towards automated forex not the least of which is that it allows you to execute trades with traders anywhere on the globe at all hours of the day and night and to set parameters for these trades so that they can be executed without you being actually present to execute them. Automated forex also allows trades to be executed immediately and eliminates many of the problems presently associated with the delays which often occur in manual trading systems. These are just some of the advantages of automated forex which is clearly set to grow by leaps and bounds.