What Are The Best Forex Robots?

We’ve tested Forex Robotron and found it an adept expert advisor (EA) compatible with top-notch brokers for Metatrader. Its specificity sets it apart; it trades only five EUR cross-currency pairs within a 5-minute timeframe and averages about 500 trades annually. While the initial investment may seem steep, with the basic package at USD 299 and the premium one at USD 999, its performance justifies the cost for serious traders.

Forex Robotron is an expert advisor (EA) that works with several best broker for metatrader. This automated trading system only works:

1. With 5 EUR cross-currency pairs (EURAUD, EURCAD, EURCHF, EURGBP, and EURUSD)
2. Trades based on the 5 minutes time frame
3. Take approximately 500 trades per year.

What is unique about the forex bot is that it only runs between 21:00 – 23:00 GMT. In terms of profitability, Forex Robotron claims to generate a net profit of USD 17,088 in the 2005-2020 time period.

Cost-wise, Forex Robotron is quite expensive. The basic package costs USD 299.00, while for the most expensive package; you need to pay USD 999.

We liked the Ganon Forex Robot for its trend-following capabilities, especially its use of an ATR trailing stop loss, which effectively locks in profits. While the specifics of its trading logic remain proprietary, we were impressed by its real-time trend reversal detection in the market. It’s a solid tool for those seeking an edge in the forex market.

Ganon Forex Robot is a trend-following system that uses an ATR trailing stop loss to lock in profits as the trend develops. We don’t have much information about the trading logic behind this EA, what currency pairs work best or if it works with other asset classes like CFDs or cryptocurrencies.

This algorithm is also capable of detecting real-time trend reversals in the market.

It’s worth noting that the Ganon Forex Robot is developed by the same company Forex Robot Trader (FRT), that creates the Odin Forex Robot. Unfortunately, we couldn’t find a MyFxBook link to verify the success rate.

Cost-wise, this MT4 EA is cheaper at only USD 99.00.

We recommend the GPS Forex Robot, particularly for its impressive 98% winning trade rate claim. The system boasts a minimal drawdown of just 7% when trading the EUR/USD pair. Importantly, it’s backed by a 60-day money-back guarantee. This provides peace of mind for traders who might be on the fence about giving it a go.

GPS Forex Robot is a system that claims to have 98% winning trades and only 2% of the time being wrong. However, the track record verified by a third-party provider like MyFxBook can’t be confirmed.

The system claims a small drawdown of only 7% trading the EUR/USD pair.

Cost-wise, the GPS Forex Robot can be bought for only USD 149.00, and it comes with a 60-day money-back guarantee policy. So, if you’re not satisfied with the performance of this forex bot, you can always ask for a refund.

We recommend the Happy Frequency EA for traders seeking a multifaceted approach. This expert advisor utilises strategies – trend, grid, hedge, and semi-martingale – and effectively scalps across nine currency pairs in a 5-minute timeframe. Importantly, its performance stands verified on platforms like MyFxBook and FxBlue. In our view, it offers both versatility and credibility.

Happy Frequency EA is another expert advisor that analyses the market using a complex algorithm combining multiple trading strategies (trend, grid, hedge, and semi-martingale). This is another scalping EA robot that trades on the 5-minute time frame across nine currency pairs.

Happy Frequency EA runs 24/5 from Monday through Friday. Thus, the developers of this forex robot recommend using a Virtual Private Server (VPS).

The performance of this forex robot can be verified on MyFxBook and FxBlue.

Cost-wise, Happy Frequency EA is priced at USD 299.00 (2 licenses) and USD 499.00 (5 licenses)

We recommend the 1000pip Climber System for traders who value consistent market analysis across diverse timeframes. This system diligently scans intervals, ensuring a thorough perspective on potential trading opportunities. A standout feature we appreciated is the comprehensive alert system, which keeps users informed through visual, audible, and email notifications when a trade is activated.

1000pip Climber System is an automated analysis system that continuously seeks trading opportunities on multiple timeframes (15-minute, 1-hour and 4-hour timeframes).

While the EA developer provides a MyFxBook link, please be aware that the track record is based on a demo account. What is unique about this software is the alert system that will notify users visually, audibly, and via email whenever a trade is triggered.

Cost-wise, you have to pay USD 97.00 to get your hands on this EA robot.

We liked the Odin Forex Robot for its focused approach to grid trading within the 5-minute timeframe. This strategy revolves around executing trades above and below a set base price, offering a systematic approach to the forex market. A standout feature of this tool is its built-in money management system, which autonomously determines the risk per trade.

Odin Forex Robot is a “reliable grid trading strategy” that seeks trading opportunities within the 5-minute timeframe. A forex grid trading system involves buying and selling currency pairs above and below a pre-defined base price.

The most unique feature of this forex robot is the built-in money management tool, which automatically calculates the risk per trade on your behalf. However, taking care of the risk management into your own hands is safer, especially since we’re dealing with a riskier grid trading system.

Cost-wise, Odin Forex Robot is accessible. For only USD 129.00, you’ll get an FX robot that seeks trading opportunities in over 22 currency pairs.

We were impressed with the Forex Fury Robot, particularly its compatibility with both MT4 and MT5 forex brokers. Catering to traders who appreciate steady and conservative gains, it boasts a commendable track record, reflecting monthly returns on live and demo accounts. Its standout feature is its focused trading approach: operating just 1 hour per day, trading one instrument at a time, specifically during low volatility periods.

Forex Fury Robot is an expert advisor compatible with MT4 and MT5 forex brokers. This automated trading robot is recommended if you’re looking for low but steady monthly returns.

Forex Fury Robot claims to generate 10% – 20% monthly gains. MyFxBook verifies the track record on real trading and demo accounts. What’s unique about this algo is that it only trades 1 hour per day, only one instrument at a time and only during low volatility trading conditions.

On the downside, Forex Fury Robot only works on a limited number of currency pairs (EUR/USD, GBP/USD, USD/JPY, and USD/CHF).

Cost-wise, this forex bot can be bought for USD 229.99 (Gold package) and USD 439.99 (Diamond package), which comes with two live account licenses.

We appreciate FX Fornite EA’s seamless blend of trend-following and hedging strategies. Configurable for varied risk appetites – high, medium, or low – its performance comes backed by the reputable FX Blue verification service. Unique to this forex robot is its exclusive focus on the EUR/CHF pair and the 1-hour timeframe. Offering three pricing tiers, the packages are competitively priced.

FX Fornite EA is a fully automated expert advisor combining trend-following and hedging strategies. This forex EA can be configured based on different levels of risk (high, low and medium).

The performance of FX Fornite is verified by FX Blue, a web-based service that authenticates your trading results.

What is unique about this forex robot is the fact that it only works on EUR/CHF and in the 1-hour time frame.

Cost-wise, FX Fornite EA comes in three packages. The cheapest version costs USD 149.00 (Bronze package), while the most expensive version costs USD 249.00 (Platinum package). The most expensive package comes with 3 real account licenses and a 30-day money-back guarantee policy.

We’ve looked at the WallStreet Forex Robot 2.0 Evolution, which certainly caught our attention. One of its standout features is its inherent protection against high spreads and significant slippage. It offers peace of mind with a 60-day 100% money-back guarantee. For us, it ticks a lot of the right boxes for traders.

WallStreet Forex Robot 2.0 Evolution claims to have an 80% winning rate with only a maximum drawdown of 6.24%. The performance of this automated trading system can be verified on MyFxBook.

What is unique about this FX bot is the built-in functionalities that protect you against high spreads and slippage.

Cost-wise, WallStreet Forex Robot 2.0 Evolution has a price tag of USD 237.00 and comes with a 60-day 100% money-back guarantee policy.

We’ve delved deep into Cryptohopper, and there’s a lot to appreciate about this automated crypto trading bot. Operating tirelessly 24/7, it’s adept at navigating the nuances of over 100 cryptocurrencies. What sets it apart is its ability to pinpoint opportunities, whether in bull, bear, or sideways markets, thanks to its tech-driven signals. Best of all, you can get started for free.

Cryptohopper is an automated crypto trading bot specialising in cryptocurrency trading. This crypto bot claims to trade on over +100 cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.) and is available 24/7.

The trading signals this cryptocurrency bot generates are driven by technical factors that allow it to find opportunities in bull markets, bear markets and sideways markets.

Cryptohopper is free to use; however, if you want to try its more advanced features, you must pay a monthly subscription fee starting at USD 19.00.