FXL Scalper EA

The FXL Scalper EA is a fully automated multi-currency Forex robot that uses about 20 strategies for trading with very strict loss control. This EA scalper is known to make multiple trades in just one minute, with all trades generally lasting a few minutes at most. The FXL Scalper EA requires some specific technical conditions that traders must know before using it.

In this review, we will take an in-depth look at the FXL Scalper EA, including its features, strengths, weaknesses, and requirements. By the end of this review, you should have a better understanding of whether the FXL Scalper EA is the right solution for you.

FXL Scalper EA Strategy

The FXL Scalper EA is a fully automated multi-currency forex robot that uses about 20 strategies for trading with strict loss control. It specializes in scalping trades with a duration of a few minutes, and it can make multiple trades within one minute. The recommended currency pairs for trading are GBPUSD, GBPJPY, EURUSD, USDJPY, AUDJPY, EURCHF, USDCHF, and NZDUSD, with the timeframe set to M1. The developer recommends IC Markets as the broker of choice, and a PRO, ECN, or RAW account with leverage of 1:500, where spreads are less than 12 points (or 1.2 pips), is required. The latency must also be less than 3 ms for optimal results.

FXL Scalper EA
FXL Scalper EA

The FXL Scalper EA uses scalping as its primary trading strategy. Scalping is a high-frequency trading strategy where the trader aims to trade small price changes by opening and closing positions quickly. This strategy requires strict risk management since the losses can accumulate quickly. The EA also uses certain technical indicators to aid in its trading decisions.

Using the FXL Scalper EA directly on any account in real-time requires a forex VPS with a latency of less than 3 ms. It is not recommended to test the EA on a local computer without a VPS since it is a high-frequency trading robot that can make multiple trades in one minute. For the EA to work best, orders must be carried out quickly and latency must be very low. Without a latency of less than 3ms, the user will not achieve any profit.


One weakness of the FXL Scalper EA is that it requires extremely fast order execution or low latency in order to perform well. This means that traders who do not have access to a VPS with low latency or fast order execution may experience losses or reduced profitability with this EA. Additionally, some users have reported that the EA only performs well on demo accounts and may not produce profitable results on real accounts. This may be due to factors such as slippage and latency that are present on real accounts but not on demo accounts.

Caution is advised, and users must thoroughly test the EA on a demo account with a low-latency VPS before investing any real money. The negative review suggests that the EA may not perform as expected on a real account, and the developer’s claims must be scrutinized before investing.

FXL Scalper EA Features

  • Fully automated multi-currency forex robot
  • Uses about 20 strategies for trading
  • Implements very strict loss control
  • Trades have a few minutes maximum duration
  • Often makes multiple trades in just one minute
  • Designed to work on the MT4 platform
  • Trades on the following currency pairs: GBPUSD, GBPJPY, EURUSD, USDJPY, AUDJPY, EURCHF, USDCHF, NZDUSD
  • Works on the M1 timeframe
  • Recommended brokers are ICMarkets with PRO, ECN or RAW account with leverage of 1:500 and spreads < 12 points (or 1.2 pips)
  • Requires latency < 3ms for optimal performance
  • Requires VPS with latency < 3ms for testing on demo account in real-time
  • High-frequency EA that can realize multiple trades in 1 minute

FXL Scalper EA Settings

  • Magic Number: Identification number for EA trades
  • Use Fixed: Option to use fixed lot size for trades
  • Fixed Lots: Fixed lot size for trades
  • Use Risk % Account: Option to use a percentage of account balance for lot size calculation
  • Risk % Account: Percentage of account balance to be used for lot size calculation
  • Use MT4 Alert: Option to receive alerts through MT4 platform
  • Use Email: Option to receive email notifications
  • Use Mobile Notification: Option to receive mobile notifications

FXL Scalper EA Summary

In conclusion, the FXL Scalper EA is a fully automated multi-currency forex robot that uses about 20 strategies for trading with very strict loss control. While it has some strengths such as its high win rate and ability to realize multiple trades in just one minute, it also has some weaknesses such as its sensitivity to latency and limited trading pairs.

It is important to thoroughly test the EA on a demo account with good risk management settings before using it on a live account. This includes using a VPS with latency <3ms and choosing a reputable broker that meets the recommended technical conditions for the EA. Ultimately, the decision to use the FXL Scalper EA should be based on careful consideration of its strengths and weaknesses, as well as the trader’s own experience and trading goals.

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