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.
5 Pips A Day

8topuz

Actinic Forex Robot

Adaptive Trader Pro

Aeron Scalper

Airhopper Forex EA

AlnoTrade

Apex Scalper

Arbitron

Arteon FX Robot

Arya Trader

AsA Fx

ATM Scalping SFS EA

Augur Forex

August Forex Golem

Auto Arb

Auto Breakout Pro

Auto News Trader

Benefit EA

Best Scalper Forex Robot

BF Scalper Pro

Big Ben Time EA

Big Bull FX

Bounce Trader

Broker Arbitrage

Cabex Expert Advisor

Channel Trader Pro

Claudius Forex EA

Core Trader EA

Covert FX

Cryptohopper

Delton Pro

Directional Forex Robot

Dragon Forex

DragonCell Forex EA

Draw Profit EA

Drive Gold Expert Advisor

Dynamic Pro Scalper

Econ Power Trader

EFC EA Robot

Einstein Trader

Eklatant Forex Robot

EOS Forex EA

Esox Pattern Forex EA

Everex Elite

EverTech Forex Robot

Exreign Forex EA

EXTRAEDGE FX EA

Falcor Forex Robot

Fap Turbo 2

Fap Turbo 3

Fibonacci Expert Advisor

Finwe Forex Robot

Fluid Trader

Flywheel Forex EA

Forex Alpha Robot EA

Forex Apollo

Forex Armor

Forex AstroBot

Forex Auto Millions

Forex Combo System

Forex Cyborg

Forex Device

Forex Diamond

Forex EA Trader

Forex Earth Robot

Forex Enigma EA

Forex Fastron

Forex Flex EA

Forex Forager

Forex Fury

Forex Gold Investor

Forex Gump EA

Forex Hunter EA

Forex Impulse Trader

Forex inControl

Forex Jabrix Scalper Robot

Forex Kore EA

Forex Megadroid

Forex Million Pound Robot

Forex Phasr EA

Forex Pip Shooter

Forex Pulse Detector

Forex Quant EA

Forex Real Profit EA

Forex Robotron

Forex Scalping EA

Forex Spectre

Forex Steam

Forex Steroid

Forex Striker Robot

Forex Sugar

Forex Supreme Robot

Forex Time Robot

Forex Transformer

Forex Trend Detector

Forex Trend Hunter

Forex Truck

Forex Turbo Drive

Forex Warrior

Forex Weekend Gap EA

Forex ZEON-X Pro

ForexBot28

Frarelin Forex Robot

Free Fx Trading Robot

Funnel Trader

FX Charger

FX Ekspert Moving Average EA

FX Fortnite EA

Fx Maximal

Fx Mower Forex Robot

FX Oxygen

FX Secret

FX Seven Pips

FX Shutter Stock EA

Fx Splitter EA

Fx Stabilizer

Fx Turbine

Fx Voodoo

FX-Neuro Bot

FXAdept

FXAutoPips

FXBLASTERPRO

FxDiverse

FXEURGrid

FXFlightPro

FXGoodway EA

FXHelix

FXMasterBot

FXMath X-Trader

fxProud Expert Advisor

FXrobotGO

FXSecret Immortal

FXShooter EA

FXTraderKit

Ganon Forex Robot

Gold Elevate EA

Gold Light FX EA

Gold Pips Forex Robot

GOLD Scalper Pro

Gold Trader

Goldbull Pro

GPS Forex Robot

Greenbull Robot

Grid Master Pro

HaasOnline

Happy Algorithm Pro

Happy Breakout

Happy Fast Money

Happy Forex

Happy Frequency

Happy Gold

Happy Market Hours

Happy Martigrid

Happy News

Happy Trend

Happy Way

HAS MTF Forex Robot

Hedge Forex Robot

Hedge Track Trader

Hi-Tech Trader

HotEAForex

Inertia Trader

iProfit HFT EA

Jet Trader Pro

Keltner Pro

Lion FX Trader

Manhattan FX

Math Fx Pro

Max Scalper

MaxiMillian Forex EA

Maxturbo EA

Mega Project FX

MFM7

Million Dollar Pips

Minesweeper EA

Modular Trader EA

MQL.me Forex Robot

MT4Street Bot

MT5 Champion Forex Robot

MT5 FX ROBOT

Nagachika Expert Advisor

News Action Trader

News Scope EA Pro

Odin Forex Robot

Omega Trend EA

On Control EA

Optimum Forex Robot

Pastorpro Forex Robot

Pattern Trader Pro

PIPjet

Pivot Trader Pro

Powerful Forex Expert Advisor

Price Action Robot

Prince FX EA

Professional Trading Portfolio

Profitable FX EA

Pterodactyl Forex Robot

QuickScalp Trader

RayBOT Expert Advisor

RealCashBot

Reaper Forex Robot

Rev Trader Pro

Richeith Forex EA

RobotFX

Rocket EA

RoFX

Ruby Forex Expert Advisor

Scalp Trader Pro

Securza Forex Robot

Signal Steps Forex Trading System

Smart Scalper Pro

Sniper Suite

Stabilis Lucra

Star Trader

Strike FX

Tension Trader

The Skilled Trader

The Wave Scalper

Titan Scalper EA

TradeRobo Expert Advisor

Trading Manager Pro

Trend Extreme Dashboard

Trends Tracker Pro

TSFX

Tycoon Forex Robot

Universe Forex Robot

Vader Forex Robot

Volatility Factor 2.0

Volatility Factor EA

Volatility Forex Robot

Volvox Trader

Vortex Trader Pro Review

Wall Street Forex Robot

WaveRunner Forex Robot

Wicor Forex EA

Worthy FX TRADER

XFXea

XoForex Expert Advisor

XXL Forex Real Profit Robot

Yeti Forex Robot Review

Z Trader FX EA

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.
For the best possible trading conditions when using a forex robot, I would personally only use an ECN forex broker with tight spreads, competitive commissions and plenty of liquidity providers (LP’s) for reliable trade execution speeds at the best possible prices. You can see broker ratings and reviews on my best forex brokers page.
You can compare forex robots results on my best forex robots page. Please note that forex robots can change over time and these reviews are based on my own opinion on the date that they are published. Only you can decide which is the best forex robot for your trading style.
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.