Forex Robot Reviews

Here are my forex robot reviews containing all of the forex robots that I have reviewed over the years. Each forex robot review includes the key features, trading strategy, back tests, live statistics (where applicable), summary and overall rating. There is also a link to each official forex robot website included for your convenience.

#NAMERATING
1

Forex Robotron EA

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2

Forex Scalping EA

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3

Forex Flex EA

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4

Forex Cyborg

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5

Tickeron

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6

Forex Atlantis EA

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7

Gunbot

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8

TradeSanta

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9

Bitsgap

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10

DynaScalp

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11

3Commas

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12

AX Trader

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13

Bounce Trader

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14

Coinrule

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15

Cornix

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16

CryptoHero

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17

Cryptohopper

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18

Forex Diamond

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19

Forex Gold Investor

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20

Forex Gump EA

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21

Forex Truck

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22

Funnel Trader

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23

Fx Stabilizer

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24

FXQuaser

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25

GPS Forex Robot

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26

HaasOnline

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27

Mudrex

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28

Pionex

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29

Shrimpy

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30

Smart Scalper Pro

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31

Stoic

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32

Trade Explorer

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33

Trality

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34

Volatility Factor 2.0

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35

Wall Street Forex Robot

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36

Zignaly

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37

FXCipher EA

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38

Econ Power Trader

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39

Forex Combo System

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40

Forex Trend Detector

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41

GOLD Scalper Pro

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42

Grid Master Pro

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43

Jet Trader Pro

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44

The Fund Trader

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45

8topuz

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46

Easy Money X-Ray Robot

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47

FXZipper EA

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48

FXConstant EA

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49

GRAVITY FX NG

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50

Vantage Point X

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51

Automic Trader

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52

Forex Fury

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53

FXParabol EA

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54

Happy Neuron

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55

Killa Gorilla FX Master EA

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56

Robomaster

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57

Vision Scalper

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58

Centobot

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59

Forex Steam

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60

FXRapidEA

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61

Galileo FX

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62

iProfit HFT EA

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63

Pivot Trader Pro

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64

ProfitTrailer

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65

EFC EA Robot

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66

FX SCALPER X

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67

Happy Forex

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68

Pattern Trader Pro

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69

The Skilled Trader

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70

Aeron Scalper

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71

August Forex Golem

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72

Einstein Trader

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73

Elite Forex Scalper

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74

Forex Hunter EA

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75

Forex inControl

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76

Forex Megadroid

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77

FX Secret

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78

Happy Market Hours

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79

Max Scalper

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80

Promax Gold EA

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81

Rev Trader Pro

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82

Dynamic Pro Scalper

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83

Forex Pip Shooter

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84

Forex Trend Hunter

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85

FxDiverse

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86

FXSecret Immortal

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87

Happy Gold

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88

News Action Trader

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89

AlnoTrade

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90

Fap Turbo 3

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91

Forex EA Trader

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92

Forex Impulse Trader

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93

Forex MG Pro EA

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94

Forex Pulse Detector

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95

FX Classic Trader

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96

FX Fortnite EA

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97

FX Oxygen

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98

Happy Power

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99

Omega Trend EA

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100

Cabex Expert Advisor

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101

Forex AstroBot

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102

Happy Breakout

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103

Million Dollar Pips

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104

BF Scalper Pro

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105

Goldify EA

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106

Powerful Forex Expert Advisor

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107

Happy Frequency

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108

Directional Forex Robot

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109

Falcor Forex Robot

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110

Forex Jabrix Scalper Robot

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111

FXTrackPRO

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112

Ganon Forex Robot

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113

Happy Algorithm Pro

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114

Happy News

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115

Happy Trend

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116

HAS MTF Forex Robot

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117

Hedge Forex Robot

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118

News Scope EA Pro

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119

Odin Forex Robot

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120

Pterodactyl Forex Robot

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121

Reaper Forex Robot

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122

Vader Forex Robot

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123

Volatility Forex Robot

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124

WaveRunner Forex Robot

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125

ForexBot28

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126

Arbitron

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127

Auto Arb

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128

Forex Forager

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129

FX Charger

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130

Gold Trader

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131

FXTraderKit

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132

FXAdept

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133

Gold Pips Forex Robot

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134

XFXea

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135

FXHelix

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136

Happy Way

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137

FXAutoPips

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138

Happy Fast Money

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139

MT4Street Bot

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What is a Forex Robot?

For those new to forex robots, they are fully automated trading systems that analyse charts for trading signals based on their built-in algorithm. This is usually comprised of a combination of technical indicators. Once the robot finds a signal, it can place and manage trades on behalf of the user. They are therefore a popular choice amongst users who do not have the time to trade manually.

Most forex robots have been developed to run in the popular and free to download MetaTrader 4 (MT4) trading platform which is available from most online forex brokers. You need to have the MT4 desktop platform running in order for a robot to work. If you cannot always have your computer running then you could use a Forex VPS to run the platform 24/7 without needing your computer switched on.

Forex robots will usually have already been optimised by the developer to find the best settings. The instructions will tell you how to setup the robot and what currency pairs and chart time frames the robot has been designed for. They can therefore be used “out of the box” although you should make sure that it is set with a lot or risk size that is suitable for you.

The more experienced traders can optimise robots in the MT4 strategy tester using historical data to create bespoke settings. I believe that all back tests should be conducted with 99% modelling quality using real tick data, variable spreads, swaps, slippage and commissions. This can be done using add-on software such as Birts Tick Data Suite for as accurate as possible historical results. Even then, these results are not always realistic due to factors that are impossible to duplicate during a back test.

It is important to note that there are absolutely no guarantees on how any forex robot will perform and historical results are not an indication of future performance. Forex robots can advertise big profits but you should be aware that many of them are based on back testing and therefore may not perform the same going forward. Furthermore, differences in broker trading conditions such as spreads, slippage, liquidity and commissions, can cause different results from broker to broker.