Top 6 Best Forex Robots & Expert Advisors (EAs) in 2025

The allure of automation is undeniable in the world of forex trading. Forex robots, also known as Expert Advisors (EAs) can streamline your trading experience by executing trades automatically. But with so many options available, how do you choose the right one for your trading style and goals?

This page can help. We’ve put together this guide, which cuts through the noise and delivers a curated list of the best forex robots in 2025. But this isn’t just a list of a few popular bots. These forex autotraders have been rigorously tested by our team for various criteria. 

Profitability is the main factor we’ve looked at, but we’ve also taken into account historical performance, transparency, customer support, and more. We’ve even looked at real customer reviews to help build our list. Our team has done the legwork so you can focus on making the best decisions and take your FX trading to the next level.

Best forex robots in 2025

Where can I find the best forex robots?

We’ve carefully selected and reviewed a list of the best forex trading bots available on the market. Scan the different parameters and choose the one that fits your forex trading needs. 

4.2

Perceptrader AI

Min. Deposit n/a

Fees -

No. assets 50+

Demo account Yes

Visit site

Perceptrader AI EA review

4.1

Waka Waka

Min. Deposit n/a

Fees -

No. assets 50+

Demo account Yes

Visit site

Waka Waka EA review

4.4

Golden Pickaxe

Min. Deposit n/a

Fees -

No. assets 1+

Demo account Yes

Visit site

Golden Pickaxe EA review

Top forex robots, reviewed

1. Perceptrader AI. Most advanced EA that uses the power of AI.

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4

Ratings

$-

Min. deposit

...

Fees

50

No. assets

Yes

Demo account

Overview

We love Perceptrader AI because it combines the skills and expertise of pro forex traders with the futuristic power of AI. Built by Valeriia Mishchenko, the developer behind the hugely successful Waka Waka EA, it uses deep-learning algorithms and Artificial Neural Networks (ANN) to analyse vast amounts of data and identify winning trades.

The Perceptrader AI algorithm means the bot can work at high speed to pick out potential trades, while the underlying strategy is built upon what has driven Waka Waka to consistent success over many years. The forex bot integrates with ChatGPT and Google’s Bard to provide the most accurate forecasts, which hands you the power to benefit from intelligent decision-making capabilities.

The fees: A lifetime subscription costs $2200, a one-off cost that grants you access through up to 10 MT4 or MT5 accounts and free updates. The forex robot also comes with an installation guide, personal support from the developer, and access to a unique Telegram group.

Highlights

No. of tradable assets	50+
Min. Deposit	N/A
ID verification required	No
Free demo account	Yes
Supported assets
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies

*Perceptrader AI is an EA and the number of pairs you can use it on will depend on what is available through your broker.

Fees & Costs

Trading fees	Broker dependent
Inactivity fees	Broker dependent
Rollover/overnight fees	Broker dependent
Withdrawal fees	Broker dependent
Spreads	Broker dependent
Conversion fees	Broker dependent

Pros & Cons

Verified track record via myfxbook Integrates with ChatGPT and Google Bard Free VPS included in subscription Free volatility indicator

Limited to a few currencies only Uses a risky grid trading strategy

Read review Visit Perceptrader AI

2. Waka Waka. The most profitable EA on the planet

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4

Ratings

$-

Min. deposit

...

Fees

50

No. assets

Yes

Demo account

Overview

We love Waka Waka because it’s a forex robot built to make you money over the long term. Waka Waka is an EA designed by Valeriia Mishchenko, whose systems boast 60+ consecutive months in profit, recorded and verified through MyFXBook.

The Waka Waka EA is a forex robot that’s designed to continue making money month over month, instead of taking undue risks by chasing short term results. Waka Waka offers the chance at making 80+% profit per year with a drawdown of less than 30%.

The fees: $2000 one-off cost for a lifetime license. A lifetime license gives you 10 MT4 or MT5 accounts, free updates to the forex bot, and access to an exclusive Telegram group, along with 3 trading sets, a strategy guide, and more.

Highlights

No. of tradable assets	50+
Min. Deposit	N/A
ID verification required	No
Free demo account	Yes
Supported assets
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies

*Waka Waka is an EA and the number of pairs you can use it on will depend on what is available through your broker.

Fees & Costs

Trading fees	Broker dependent
Inactivity fees	Broker dependent
Rollover/overnight fees	Broker dependent
Withdrawal fees	Broker dependent
Spreads	Broker dependent
Conversion fees	Broker dependent

Pros & Cons

Fully customisable forex trading EA Verified track record (6600%+ over five years) Can be integrated with MT4 and MT5 Active developer and good customer service

It uses a martingale strategy for risk Waka Waka is more expensive than other bots

Read review Visit Waka Waka

3. Golden Pickaxe. The best way to trade gold

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4

Ratings

$-

Min. deposit

...

Fees

...

No. assets

Yes

Demo account

Overview

We love Golden Pickaxe because it’s the EA with the best gold trading system on the market. Led by acclaimed EA developer, Valeriia Mishchenko, Golden Pickaxe is a grid trading bot that gives you the chance to make as much as 25%+ profit per month in a sustainable way.

The Golden Pickaxe forex bot comes with five different risk settings so you can tailor the EA to your appetite, maintaining control over your money while also benefitting from the same trading principles that drove 60+ consecutive months in profit in another of Valery Trading’s EAs.

The fees: A one off fee of $1850 gives you a lifetime license and entitles you to five different trading sets, a strategy guide, and access to a Telegram group. You also get 1-to-1 support from a developer and free updates for the duration of the license.

Highlights

No. of tradable assets	1
Min. Deposit	N/A
ID verification required	No
Free demo account	Yes
Supported assets	Commodities
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies

Fees & Costs

Trading fees	Broker dependent
Inactivity fees	Broker dependent
Rollover/overnight fees	Broker dependent
Withdrawal fees	Broker dependent
Spreads	Broker dependent
Conversion fees	Broker dependent

Pros & Cons

Automatically trade the gold market Verified results on a live account Created by a highly regarded developer

It's more expensive than other bots Only available on one market

Read review Visit Golden Pickaxe

4. Evening Scalper Pro. Best night scalper on the market

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4

Ratings

$-

Min. deposit

...

Fees

50

No. assets

Yes

Demo account

Overview

We love Evening Scalper Pro because it uses a unique trading system to trade the late evening forex markets. A mean-reversion scalping strategy has produced consistent profits over more than two years, all double verified on MyFXbook.

Since 2021 it has a trade success rate of 68% at a drawdown of just 15%. The average monthly growth rate is just over 5% and the lifetime growth rate is well over 100% so far.

The fees: A lifetime subscription costs $2200 and discounts are sometimes available. The license grants you access from 10 MT4/5 accounts, free lifetime updates and lots of different trading sets.

Highlights

No. of tradable assets	50
Min. Deposit
ID verification required	No
Free demo account	Yes
Supported assets
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies

Fees & Costs

Conversion fees	Broker dependent
Inactivity fees	Broker dependent
Rollover/overnight fees	Broker dependent
Spreads	Broker dependent
Trading fees	Broker dependent
Withdrawal fees	Broker dependent

Pros & Cons

Scalp the forex market automatically Verified results Long period of back testing Mean reversion strategy

Spreads and commission could eat into profits Slippage should be considered

Read review Visit Evening Scalper Pro

5. 1000pip Climber System. Best fully automated forex trading system.

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4.5

Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love 1000pip Climber System because it’s a 100% rules based forex robot that uses algorithms to find the best forex trades. With verifiable returns of more than 20,000 pips over the last three years with minimal drawdown, it offers high rewards for minimal effort on your part.

The robot uses software to scour the market and provides you with trade details, including an entry point and stop-loss and take-profit exit points. You remain in control of your own account, but the bot does all the research for you.

The fees: A one off fee of $299 gets you a lifetime license but the system is currently reduced to only $97 for a lifetime licence.

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Pros & Cons

Low cost signals service No monthly subscription charges Personal customer support for every account Simple and easy access to trading signals

Focus on 6 specific forex pairs only

Read review Visit 1000pip Climber System

6. Night Hunter Pro. Best for long term growth with low drawdowns.

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4

Ratings

$-

Min. deposit

...

Fees

50

No. assets

Yes

Demo account

Overview

We love Night Hunter Pro because it’s an advanced scalping system that delivers verifiable long term growth. Designed to trade during periods of low volatility, it uses smart algorithms to find safe entry and exit points on leading currency pairs.

Night Hunter Pro has delivered lifetime account growth of more than 200% since 2020, which you can verify in MyFXbook. That works out to a win rate of more than 70% and almost 90% of months are in profit.

The fees: $2200 for a lifetime subscription. That gives you three trading sets, a strategy guide, free updates, and a lot more besides, including access to an exclusive Telegram group that contains expert traders.

Highlights

No. of tradable assets	50
Min. Deposit
ID verification required	No
Free demo account	Yes
Supported assets
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies

Fees & Costs

Conversion fees	Broker dependent
Inactivity fees	Broker dependent
Rollover/overnight fees	Broker dependent
Spreads	Broker dependent
Trading fees	Broker dependent
Withdrawal fees	Broker dependent

Pros & Cons

Automatic scalping system Verified results on a live account Built for stability Easy to set up and use

Limited to currencies only

Read review Visit Night Hunter Pro

What are forex robots?

Forex robots are automatic trading systems that use a computer program to make decisions about which currencies to trade based on market cycles, news events, and technical analysis. They are essentially human-written scripts that follow a set of rules. Most of these robots are built by using MetaTrader or MQL scripting language.

A forex trading robot (often referred to as an ‘Expert Advisor’ or an EA) monitors the markets round the clock and performs technical analysis based on their algorithms. It identifies currency pairs and then decides the best entry and exit points according to the strategy it’s programmed to use. 

Forex trading bots are not the same as forex signals providers, which are pro traders offering their alerts for a fee, although there is often a crossover between the two. Some forex robots are designed by professional traders who use their experience to create an algorithm that follows their own trading strategy.

You can use trading robots for a variety of assets beyond currencies, but they are particularly popular among traders who deal with volatile markets like forex. However, they come with plenty of very real risks—the market is oversaturated by scammers, they deliver mixed results in the long term, and they are not fool-proof despite how they are advertised.

Nevertheless, trading robots are quite effective at eliminating impulsive trading decisions and helping traders stick to a predetermined strategy, which, in this case, is encoded into the software.

Many studies suggest that impulsive and emotion-driven decision-making in trading, especially in high-stakes situations, which we see often while trading currencies, can significantly undermine performance 1 files.stlouisfed.org https://files.stlouisfed.org/files/htdocs/wp/2011/2011-001.pdf . When faced with significant financial stakes, immediate emotional responses can override the logical analysis 2 academic.oup.com https://academic.oup.com/book/11511/chapter-abstract/160258147?redirectedFrom=fulltext&login=false , resulting in suboptimal outcomes—either exacerbating losses or missing out on potential gains due to the failure to adhere to a disciplined trading strategy.

Embedding your trading strategy into a piece of software and letting it run without too much intervention effectively removes the risk of acting on impulsive decisions based on market fluctuations. The trick here is to regularly monitor your robot and be able to tweak your trading strategy when needed.

What types of forex robot are there?

Forex robots come in various forms, each tailored to specific trading styles and market conditions. Understanding these distinctions is crucial before choosing the right robot for your goals. Below, we’ve explored the most common types:

• Automated trading systems. These fully autonomous robots scan markets, execute trades according to pre-defined algorithms, and manage positions independently. 
• Expert Advisors (EAs). These are the most popular forex robots among retail traders and offer more flexibility. They generate trade signals based on chosen strategies, but you have full control over execution.
• Copy trading robots. These robots mimic the trades of experienced traders. By following proven traders on the best copy trading platforms, you can quickly speed up the learning curve. 
• Scalping robots. Scalping robots capitalize on tiny price movements, opening and closing numerous trades in quick succession. They require high liquidity and precise settings. Evening Scalper Pro is one of the top scalping forex bots in 2025.
• News trading robots. News trading EAs react to real-time news events, aiming to capture market reactions. They require careful calibration and awareness of news-driven volatility.
• Grid trading robots. Grid bots systematically place buy and sell orders at predetermined intervals, creating a “grid” around the current price. They aim to profit from gradual price movements. Waka Waka is the most successful grid trading bot.
• AI robots. AI bots and AI EAs are a new style of forex robot. They use machine learning to adapt to changing market conditions. Perceptrader AI is a leading artificial intelligence expert advisor and has already delivered over 250% returns for users. 

How do forex robots work?

A forex robot works by following a set of custom rules to execute trades on your behalf automatically via your forex broker account. To do this, they use an array of technical indicators and continuously scan the market to detect trading signals and act on them. Here’s a rundown of the most important points:

• Technical indicators. These indicators might include tools used heavily in technical analysis, like moving averages, Relative Strength Index (RSI), or Bollinger Bands. The robot continuously scans the market using these indicators to detect trading trends, breakouts, and reversals (these are collectively called “trading signals”). Every robot for trading forex allows you to set your own custom indicators. As soon as a trade order is executed, any protective mechanisms (stop loss or trailing orders) for risk management that are subsequently triggered will be executed following your instructions. 

• Executing your trading strategy. The robots scan the market in real-time, looking for signals that match your pre-programmed criteria. For example, if you set a rule that a trade should be executed when the 50-day moving average crosses above the 100-day moving average, the robot will monitor this condition and initiate a trade as soon as it occurs.

• Automated execution. Once the robot detects a signal that meets the predefined criteria, it automatically places a trade without requiring manual intervention. As we said earlier, this is particularly useful for volatile and fast-moving markets like forex.

Risk management while using forex trading robots

Before you deploy an automated forex trading robot, you need to fully understand how forex trading signals work and the technical indicators the robot relies on, as well as the specific market conditions it’s designed to handle. Review its backtested results to gauge its historical performance, but remain cautious—past performance doesn’t guarantee future results.

You should also set realistic expectations by avoiding high leverage, which can magnify both your gains and losses, and establish conservative profit targets, at least at the start. Additionally, you can and should customize key risk parameters like stop-loss orders and position sizes to align with your risk tolerance. A good rule of thumb is to risk no more than 1-2% of your total capital per trade.

It’s crucial that you regularly monitor your robot’s performance. Market conditions can change, requiring adjustments to the robot’s settings or strategy. You should also diversify your approach by using multiple strategies for effective risk management and not rely solely on automation. Manual interventions are almost always necessary in certain market conditions. If you need help setting up a strategy, we put together a list of seven time-tested forex strategies.

Last but not least, consider testing your robot in a demo account to fine-tune its settings and assess its performance in a risk-free environment.

How do I install a forex trading bot?

When you sign up for your automated forex trading software, you’ll be given a link to a file to download. Make sure you also have MetaTrader 4 downloaded to your desktop, then follow these steps.

How to choose the best forex trading robot

Our experts used a series of factors to narrow down this list of the best forex trading robots. You can find them below. Use this guidance to help you choose your own Forex Expert Advisor by focusing on which ones are most important to you.

• Back testing & verifiable results. Good robots allow you to back-test your present trading idea or strategy against historical data. They should also provide a verifiable track record on a site like MyFXbook. Only use robots with results you can check and trust.
• Live trade results. It’s common for service providers to display the winning ratio for forex Expert Advisors using simulated results rather than live results. It is a manipulative practice that showcases the robot’s winning outcomes at a much higher rate. Try to ensure you evaluate a robot’s live trading results rather than stimulated results.  
• Fees and cost. Analyze and study the fee structure of several auto trading forex robots before you sign up. The best forex EA might offer a monthly subscription for a period of 1 month, 3 months, six months, and so on. Other robots require you to pay a one-time subscription payment. You’ll also find that robots have differing minimum investment amounts.
• Drawdown. Drawdown refers to how much your trading account is down from its highest point. It measures the volatility of a trading system: a high drawdown (measured as a percentage) means the system is volatile, and you might have to absorb lots of losses between successes. According to research from the Unitec Institute of Technology in New Zealand – 30% or lower is a good guide – when choosing a forex robot.
• Multiple payment methods. Most automated forex traders offer common payment methods, including wire transfer, credit card and PayPal. In addition to the traditional methods, many software providers have also started offering Bitcoin and other cryptocurrencies as payment options if you would prefer to use them that way.
• Deposit and withdrawal limits. Deposit limits vary between service providers. Robots require you to fund your account with a minimum investment, which can be as low as $100 but can be significantly more. This should factor into your final decision, as a high minimum investment might not be something you can afford at first.
• Good reputation. Before picking your forex EA (Expert Advisor), take a close look at any online testimonials you can find and verify that customers are completely satisfied. We also offer genuine reviews that should help you to make a well-informed decision. 
• Security. The software program will be installed on your computer or laptop’s hard drive. It will be privy to your private financial history and personal information. You need to check if the service provider offers encryption and keeps your trading history hidden. 
• Design and ease of use. The user-interface should be pretty simple and easy to navigate. Sign up for a demo account on the software platform and get acquainted with the program before you start trading with real money.

Quick answers to key questions

Are trading robots legit? Will they make me money?

Yes, many popular robots are entirely legitimate and designed to maximize trading potential. However, as with almost any market, scams are not uncommon, so a sensible degree of caution is advisable when finding the forex trading EA for you.

Unlike humans, robots can monitor markets 24/7 and are devoid of any emotional or psychological factors. They can also process data at a much higher speed. These advantages can give forex auto trading robots an edge.

Of course, utilizing a robot doesn’t necessarily mean forgoing all human input. Traders can set their own custom indicators and work alongside the robot. While trading robots offer better analysis and add efficiency to your trading, they don’t come with a guarantee of profits. Ultimately, that remains your responsibility.

Are automated forex traders safe and secure?

Yes, most auto-trading robots are safe, but there are some scammers out there. Here are some tips to help you avoid fake forex scams.

• Be skeptical of unbelievable claims. Many scam Expert Advisors promise huge and immediate success. Don’t believe everything you read; trust only forex robots that can verify recent performance through a reliable third-party platform like MyFXBook.
• Don’t trust unverified reviews. Customer reviews are a great way to learn more about the platform, but that doesn’t mean you should trust them blindly. Be careful if there’s no way to check that the people behind the reviews are real.
• Look for demo accounts. A platform that’s confident and comfortable enough to let you test the automated forex trading software before you pay is one that you can trust. Be skeptical if you have to put down a large minimum deposit before accessing anything, especially if you can’t verify the robots’ past results.
• Supervise the robot. While forex robots are designed for automated trading, you should still spend time checking trades and tweaking the settings to adjust your preferred risk or the size of each position. That way, you maintain control over your account even as you benefit from the trading software.
• Prioritize robots with a quick and easy setup. Expert Advisors should be easy to set up. In most cases, you can add one to your MT4 or MT5 platform. If there is something to download, then make sure you trust the source to avoid letting a virus or a piece of malware onto your computer.

Are trading robot systems regulated?

Forex trading robots typically don’t need to be regulated themselves. Automated forex trading robots are essentially software tools, not financial services or products. They don’t hold or manage client funds, nor do they execute trades independently of a broker. They can only execute trades through a connection with a regulated forex broker, which is responsible for complying with financial regulations.

The US Commodity Futures Trading Commission (CFTC) oversees the forex brokers in the US, providing a level of security that protects traders from fraud or misconduct. Besides conducting due diligence for your forex trading robot, you should also choose one of the regulated brokers.

How much does a forex robot cost?

Some forex robots charge a monthly subscription fee, which can start from $10-15 per month. Others charge a one-off fee for a lifetime subscription, which may be $100 or more.

The cost varies dramatically across forex bots, and you should look beyond the absolute amount to assess the value of the money. Some forex bots offer multiple different trading strategies as part of the one-off cost, and others have strategies that are adapted for multiple currencies.

You should also be patient and look for discounts. Many forex trading bots offer regular discounts on their services, so if you’re prepared to wait, you can save hundreds of pounds.

Will I also need an online broker account to use a forex trading bot?

Yes, you need a trading account that is both live and funded to start auto trading forex. Forex robots or expert advisors usually require you to have an account with a forex broker because it works by sending automated signals about when to start trading currencies.

The best forex trading bots might include a broker as part of their platform, or you may have to set up your own account.

Do I need trading software to use a forex robot?

Yes, you do need trading software to use a forex robot or expert advisor (EA). Forex robots are essentially automated trading programs that execute trades based on predefined rules and strategies. These programs cannot function independently and require integration with a trading platform or terminal.

Trading platforms serve as the bridge between your forex robot and the live markets. They provide the necessary infrastructure for the robot to analyze real-time market data, place orders, and manage trades automatically. Without a compatible trading platform, forex robots would have no means to connect to the markets and execute trades.

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are the most widely used and popular choices for running forex robots. These platforms, developed by MetaQuotes Software, offer a user-friendly environment and support for a wide range of automated trading solutions.

However, forex robots can also be integrated with other trading platforms like Tradingview, cTrader, and Tradestation. Each platform has its own set of features, charting tools, and compatibility with different brokers and markets.

How often does a forex bot need updating?

You shouldn’t have to update the robot too often, and when you do, the process should be more or less automatic. If you sign up for a lifetime license, then free updates to the Expert Advisor (EA) to tweak the forex trading strategy should be included.

How do I get a free forex robot?

You normally have to pay to use a forex trading robot, but you may be able to test one out for free using a demo account. The best forex EA will offer a demo account, which allows you to try out automated forex trading robots before paying anything.

With an automated trading system, it’s generally better to pay for a good one rather than try to get a poor one for free. Free forex robots that advertise incredible results are often scams, and you should be particularly cautious about anything that sounds too good to be true.

What are the advantages of using a forex robot?

Before you decide whether to use a robot for forex trading, here are some of the reasons why signing up for one might be for you:

• Eliminate emotions. One of the primary advantages of using an automatic forex trader or a forex EA is that it can help to keep emotions in check. Auto trading software automatically carries out trades according to a set of specified instructions. Emotions like fatigue or stress don’t influence it. 
• Accessibility. The forex market can seem complex to a beginner. Forex trading robots offer a route that’s simple to understand and easy to follow for new users. This is particularly useful as a way to learn more about the forex market and how it works.
• Backtesting. The best forex EAs provide you with the tools to backtest a trading strategy or an idea. By backtesting an idea based on historical data, a trader can fine-tune their strategy.
• Discipline. Every successful trader knows the value of discipline, and forex markets are especially volatile, so maintaining a controlled approach is imperative. Forex robot trading enables you to set the ground rules and stick to them.
• Entry speed. The volatility of forex markets means that it’s possible to make a huge loss very quickly. An automatic forex trader can react much faster than a human. It can place trades with enhanced speed and enter and exit a trade with precise timing. 

What are the risks of automated forex trading?

Financial trading always involves risks. Here are some of the potential pitfalls of using a robot for forex trading.

• Technological discrepancies. Forex robot software programs need a continuous internet connection to function effectively. A lost internet connection can result in negative outcomes, including missing trade orders and the placing of hypothetical trade orders. 
• Monitoring requirements. Although they conduct automatic forex trading, a certain level of human intervention and monitoring is required. This helps to identify and prevent any mechanical faults in the expert advisor or simple mistakes that can arise from using forex trading bots.
• Over-optimization. Over-optimization of trades can result in negative results. Even automated forex traders that offer tools like backtesting don’t guarantee success. Live trade results can turn out to be very different to trade outcomes displayed while backtesting. 

Should I use a forex robot?

It’s up to you to weigh up the benefits of forex trading robots. A good automatic forex trader has the potential to seriously upgrade your trading capabilities, but it’s important to keep in mind that robots don’t guarantee profits.

While forex robots can clearly add speed, accuracy, and discipline to your trading, you should regard them as tools that can be deployed intelligently rather than as fix-all solutions. 

Best forex robots: user reviews

We’ve provided lots of information to help you find the right forex trading robot for your needs. But there’s one more factor you should consider when making your decision – user ratings.

Real customer ratings from sites like Trust Pilot can help you weed out forex EA scams from profitable robots. Many of these forex auto traders use clever marketing ploys to attract new users but ultimately underdeliver. That’s why we always consider real customer reviews before suggesting any service.

Check out the table below, where we’ve selected the three best forex robots and included their overall customer review scores from some of the leading rating sites.

Methodology: How we chose the best forex robots

Helping people make better financial decisions is at the heart of our mission at Invezz.

We periodically test more than 63 forex trading platforms to provide our users with clear, accessible guidance on the investing options available. Our panel of forex experts, analysts, and active traders sign up for each broker, conduct research, and score each service.

Our tests are designed to find foreign exchange robots that offer a beginner-friendly, secure trading experience at a fair price. To supplement our practical testing and experience, we research each service to gather any further relevant information. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

Each forex robot is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit and withdrawals, investing options, range of products/markets, research and analysis tools, and the availability of educational and learning resources.

We work closely with individual Expert Advisors to ensure the factual information displayed here is accurate. An independent reviewer then fact-checks the data. In our review process, you can learn more about our expert panel and how we test, rate, and review platforms.

FAQs