The table below is a list of all the most popular commercial forex robots that trade the forex market automatically, sorted by highest gain percentage by default. You can click each of the column headers to sort by each respectively. Please be sure to read any red warning indicators for each robot as some have manipulated results.
While this may not be an absolute definitive list to find the best forex robot , it is a great place to start. Here you can quickly eliminate many robots that would other wise look rather appealing at first glance.
Any robot with a red indicator warning should almost always be avoided. The chances of you replicating the kind of results they have are next to nil. These warnings will range from things like a scalper on a demo account, which is a guaranteed way to be tricked into buy a garbage EA. Another warning is a history of manipulated results like an EA vendor being in a partnership with a broker to give favorable results. Right now the top performing EA is Forex Flex EA, which has held the spot for almost 2 year now which is impressive to say the least.
You can see some of these various strategies and their results in the table below. It also comes with a ton of settings for advanced users to create their own strategies if needed. All of the ratings are user voted averages, which gives a great sense of what the public is experiencing with these top expert advisors. If there is an robot missing on this best forex robot table, please leave a comment naming it and I will do my best to have it added.
Review — This column contains a link to the full review of each respective forex ea, and any potential warnings about it as a red exclamation mark. This is obviously the first thing traders will look at when analyzing trade results of any forex trading bot. Monthly — The average percentage you can expect to achieve from this forex robot. Be careful of new accounts with only a few months history and high gains, usually not sustainable.
Daily — Same as above, but on a daily basis of how much each fx robot has done in forex trading on a live account, or demo account. Drawdown — This is the biggest floating loss the forex robot has witnessed during the life of that account.
Trades per day — The average number of traders per day the fx robot opens. Chart — This is the equity growth the forex ea has achieved throughout the accounts life.
The trouble with these strategies is they work great on demo accounts which vendors love to show, but when you run them on a live account , the results are completely different and much worse. A Scalper EA is one of the more popular used scams by vendors to show great demo results.
Forex Brokers — This is where you need to open an account, and fund it with real money in order to trade. Here is a list of the top MT4 forex brokers. Live Account — This refers to a real account with real money and real profit, not a demo account where fake money is traded and results are always more favorable.
Trade results from forex expert advisors will always be better on demo accounts compared to live accounts. Stop Loss — When to cut your losses on a trade. This usually refers to a pip based loss. Take Profit — When to close your trade in profit. Again, this usually refers to pip based. Trailing Stop — This means a stop loss that moves up as the price moves in favor of your position, so if the price does reverse, your stop loss is much less than originally set and possible even in profit at that point.
Any good fx robot should have some sort of trailing stop feature. Curreny Pairs — These are the pairs traded by each fx trading ea. Forex Indicator — A forex indicator is used to interpret price data and patterns.
Your email address will not be published. Notify me of new posts by email. Best Forex Robots Of Performance Table The table below is a list of all the most popular commercial forex robots that trade the forex market automatically, sorted by highest gain percentage by default. Leave a Reply Cancel Reply Your email address will not be published. Review Another Doug Price manipulated account, Do not buy his products!
Review Manipulated results via partnered broker. Do not trust the results from this account. Review Asian scalper, you must have a very good low spread low latency broker. EOS hasn't been performing well in though so be careful! Review another scalper, and history is hidden, be careful with this one! Review No longer profitable! Uses Asian scalping which brokers are now fighting! Review Martingale, very limited, there are much better alternatives.
Review scalper, performs poorly on real accounts! Review Dangerous martingale, very expensive! Review Arbitrade ea, it will only work on demo!
Review Arbitrage ea, it will only work on demo!More...