WikiFX

Sagot

From my direct experience and analysis as a forex trader, I place a high priority on regulatory status and platform capabilities when evaluating brokers for automated trading. With RHB, the first concern that stands out for me is that their SFC license has reportedly been revoked, which immediately gives me pause regarding the safety and oversight of their services. When it comes to actual trading platforms, RHB offers its own proprietary web-based system called “RHB Share Trading” along with mobile app versions, but I notice there’s no mention of established third-party platforms like MetaTrader 4 or MetaTrader 5, which are known for robust Expert Advisor (EA) support. This absence is important because, in my experience, most EAs are designed specifically for MT4 or MT5 due to their flexibility and scripting environment. Unless RHB’s proprietary platform supports custom automation—which isn’t indicated in the available information—using traditional EAs or forex robots would not be possible here. Even if some form of automation is available, without transparency and strong regulation, I would be extremely cautious about entrusting my capital to automated processes on this platform. For me, reliable EA support and regulatory transparency are non-negotiable, so I would not consider RHB suitable for automated EA trading given the current information.