4.2
Verified track record via myfxbook
Integrates with ChatGPT and Google Bard
Sign-up with Perceptrader AI Sign-up with Perceptrader AI

Perceptrader AI EA review 2025

Investing options: 4

Platforms & usability: 4.6

Products, markets, & assets: 3.9

Safety & reliability: 4.2

Deposits & withdrawals: 4

Research & analysis tools: 4.3

Fees & costs: 4.5

Education & learning resources: 4.2

Perceptrader AI EA review Summary

Written by
Updated on May 10, 2024
Reading time 14 minutes
Perceptrader AI is an expert advisor that uses artificial intelligence to trade the forex market accurately. This Perceptrader AI review looks at the forex robot in detail to help you decide if it’s the right EA for you.

Investing options
4

Features Perceptrader AI summary
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
View more > Perceptrader AI >

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

Pros & Cons

Pros:

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

Cons:

Can I open an account with Perceptrader AI?

What can I do with Perceptrader AI?

Perceptrader AI is a forex robot that uses artificial intelligence to automatically and accurately trade the currency market. Created by award-winning developer Valeriia Mishchenko of Valery Trading, Perceptrader AI uses deep learning algorithms and artificial neural networks to analyse and scan the FX market in real time to generate profitable trading signals. 

When the Perceptrader AI algorithm finds a trading opportunity, it places and manages trades on a user’s MetaTrader 4 or MetaTrader 5 forex account. The Autotrader provides a hands-off approach to forex trading backed by a verified track record on Myfxbook. 

What accounts does Perceptrader AI offer?

Perceptrader AI is an expert advisor (EA) for the MetaTrader 4 and MetaTrader 5 platforms. Expert advisors are auto trading tools that allow you to trade the foreign exchange market. Perceptrader AI only offers one type of account, which can be purchased for a one-time fee. A free trial is also available for users wanting to test out the system. 

Account types Perceptrader AI accounts Waka Waka accounts Golden Pickaxe accounts
Expert Advisor Yes Yes Yes
Forex robot Yes Yes
View more > Perceptrader AI > Waka Waka > Golden Pickaxe >

Products, markets & assets

What products and assets can you trade on Perceptrader AI?

Perceptrader AI is focused on the forex market only. While it may be possible to use it on other assets, its developer Valeriia Mishchenko has created it specifically for currencies. The exact number of pairs it will work on will depend on what your broker has available; however, at the very least, it can be used on the majors. 

The robot’s developer recommends using NZDUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, and GBPCHF on a 5 minute timeframe for the best results. 

Product Perceptrader AI assets Waka Waka assets Golden Pickaxe assets
50+ 50+
View more > Perceptrader AI > Waka Waka > Golden Pickaxe >

*The exact number of pairs available will depend on your broker

What leverage trading options are there?

The leverage options available with Perceptrader AI depend on the broker you use. During our Perceptrader AI review testing, we used the bot on different leverage levels. Its creator, Valeriia Mishchenko, recommends 1:3000. For traders who are unable or unwilling to use high leverage, Perceptrader AI works adequately on lower levels, such as 30:1.

Product Perceptrader AI maximum leverage Waka Waka maximum leverage Golden Pickaxe maximum leverage
3000:1 1:300
View more > Perceptrader AI > Waka Waka > Golden Pickaxe >

*Available leverage is dependent on your broker

What are the spreads?

Perceptrader AI itself does not charge spreads, although you may be charged spreads when you use the EA to trade through your forex brokerage account. The developer of the EA has tested it with various brokers; below, we’ve included the an example minimum spread for each one.

Broker spreads
IC MarketsFrom 0.02 pips
FIBO GroupFrom 1 pip
TickmillFrom 0.00 pips
PepperstoneFrom 0.05 pips
RannForexFrom 1pips
XMFrom 1 pips
AxiTraderFrom 0.50 pips

Perceptrader AI trade sizes and limits

There are no limits on the size of trade you’ll be able to put on when using Perceptrader AI, however, the broker you use will determine your minimum and maximum position size requirements. Perceptrader AI works with micro lots up to standard lots. The Perceptrader AI expert advisor can also be used with forex prop firms. 

ProductPerceptrader AI minimum trade
Forex brokers0.01 – 3.50 lots
Prop trading firms0.01 – 15 lots

Forex

What forex pairs can be traded on Perceptrader AI?

You can use the Perceptrader Ai trading robot with any forex pair you have available to you. This means you can use it on the majors, minors, and exotics; however, Valeriia Mishchenko suggests sticking to a few pairs which have historically been the best performers. Using a 5 minute (M5) timeframe is also recommended when using Perceptrader AI. 

Currency pair Currency pair Currency pair
NZD/USD USD/CAD AUD/NZD
NZD/CAD GBP/CHF
View more > Perceptrader AI >

What are the minimum spreads for trading forex?

The minimum spreads for trading forex will depend on the broker you use the expert advisor with. If you use any of the developer’s recommended forex brokers, minimum spreads can be as low as 0.01 pips. However, it’s important to remember that most brokers have variable spreads, which can fluctuate depending on the time of day, liquidity, volatility, and more. 

Deposits & withdrawals

Can I deposit money with Perceptrader AI?

No Perceptrader AI is a trading robot that works on the MetaTrader 4 and MetaTrader 5 forex platforms. You do not deposit any money with the robot, rather you’ll need to make a deposit with your forex brokerage account to trade the system using live funds. There is a one time fee applicable for purchasing a licence for Perceptrader AI. 

Fees & costs

How do Perceptrader AI fees work?

Perceptrader AI costs a one off $1440 for a licence fee. You’ll need to purchase a licence to use the autotrading software on your own brokerage account. There are no recurring monthly or annual fees for using Perceptrader AI. You can also take advantage of a 14 day free trial period to test out the software. 

When you use the bot with a broker, you will need to consider fees such as spread and commission.

Fee Perceptrader AI fees Waka Waka fees Golden Pickaxe fees
Trading fees Broker dependent Broker dependent Broker dependent
Inactivity fees Broker dependent Broker dependent Broker dependent
Rollover/overnight fees Broker dependent Broker dependent Broker dependent
Withdrawal fees Broker dependent Broker dependent Broker dependent
Spreads Broker dependent Broker dependent Broker dependent
Conversion fees Broker dependent Broker dependent Broker dependent
View more > Perceptrader AI > Waka Waka > Golden Pickaxe >

How much is the Perceptrader AI subscription?

Perceptrader AI costs a flat, one-off fee of $1440. There is no recurring subscription. This means you won’t have to worry about paying a monthly fee to use the trading robot. All you need to do is purchase a licence from the Perceptrader AI website, and you can start using the expert advisor immediately. 

Platforms & usability

What devices can I use Perceptrader AI on?

Perceptrader AI is an expert advisor developed in MetaQuotes Language 4 (MQL4). This means it is designed specifically for the MetaTrader 4 and MetaTrader 5 platforms. Both MT4 and MT5 work on desktop and mobile devices. When first using the Perceptrader AI bot, it is recommended that you use a desktop. 

Device Browser/operating system
Web browser Google Chrome, Microsoft Edge, Mozilla Firefox, Safari
Mobile app MetaTrader app, iOS, Android
Tablet MetaTrader app, iOS, Android
View more > Perceptrader AI >

Mobile app

Perceptrader AI does not have its own mobile app. Still, you can easily use the EA on a mobile device via the MetaTrader 4 or MetaTrader 5 app. You can download the MetaTrader app from the app store or directly from your forex brokerage account. Once downloaded, you can use the expert advisor on the go. 

Web trading platform

Almost all forex brokers offer a web based trading platform which means you’ll be able to use Perceptrader AI directly from your web browser. The MetaTrader web platform is slightly limited compared to the downloadable desktop version; however, it provides enough functionality to use the Perceptrader Ai trading software successfully. 

Desktop trading platform

When you first use the Perceptrader Ai forex EA you will be required to use the desktop version on MetaTrader. By doing this, you’ll find it easier to set up the robot and adjust its parameters. Perceptrader Ai is completely customisable and its developer has given control to users. This means you can play around with its settings to find the optimal trading for you. 

Key features

Verified results

One of Perceptrader Ai’s key features is that it comes with a set of verified trading results via Myfxbook. These verified results give further confidence in the system as they’re linked to a live trading account. Perceptrader Ai delivered over 250% in just under two years with a drawdown of less than 20%. 

ChatGPT and Google Bard integration

Perceptrader Ai uses its own custom artificial intelligence algorithm and harnesses the power of two of the biggest names in AI, ChatGPT and Google Bard. Within the trading robot, you can market forecasts, analysis, and more from either ChatGPT or Google Bard. This can help you stay out of the market when conditions don’t look favourable. 

Fully customisable

Perceptrader AI is fully customisable and you can adjust or change its trading parameters anytime. This means you have complete control over how much you want to risk, what markets you wish to trade, and more. Many EAs only let you change risk settings, but with Perceptrader AI, you can access much more. 

Safety & reliability

Is Perceptrader AI safe?

Yes, Perceptrader Ai is a safe expert advisor. It has a verified trading track record, low drawdown, and an inbuilt customisable risk management tool, making it relatively safe compared to other EAs on the market. 

There are a few things to be aware of before using it, such as its grid system entry method. This type of entry style can be pretty unsafe, especially if conditions are not optimal; however, the EA’s verified results suggest grid trading has not been an issue in the past.

Customer support

There is a range of customer support options available with Perceptrader Ai. Not only is there ample support information available on the valerytrading website, but there is also a dedicated Perceptrader AI Telegram group. This is where you’ll find the latest developments for the EA and can speak directly with Valeriia Mishchenko. 

Trading toolPerceptrader AI tools
Auto tradingYes
Risk managementYes
One chart loadYes
MetaTrader integrationYes
ChatGPT Google Bard integrationYes

What are the risks of using Perceptrader AI?

All expert advisors come with some risks, mainly losing money. Perceptrader Ai has a good amount of historical data backing up its results; however, that doesn’t mean it will win every trade. Here’s a look at a few other risks associated with using Perceptrader Ai. 

  • It uses a grid trading strategy. Grid systems are when many orders are placed above or below a set price at increasing or decreasing intervals. While Perceptrader Ai has made a grid system work, it still could backfire if conditions aren’t optimal. 
  • Past performance is no guarantee of future results. As with all auto traders, it’s important to remember that past performance does not guarantee future success. Markets can quickly change, which could result in the EA losing its edge. 
  • Artificial intelligence can sometimes be unreliable. AI is a growing technology, although it is still in its infancy. It is important to remember that Ai is not always correct, and as the EA relies on it, you should be cautious. 

Research & analysis tools

What trading tools are on offer?

There are several trading tools available when using Perceptrader AI. When you purchase a licence, you’ll have access to all its features, including an auto trading facility, risk management tools, MetaTrader integration, and more. Here’s a look at a few of the main trading tools available with Perceptrader Ai. 

Trading toolPerceptrader AI tools
Auto tradingYes
Risk managementYes
One chart loadYes
MetaTrader integrationYes
ChatGPT Google Bard integrationYes

Auto trading

Perceptrader Ai is an expert advisor which will automatically make trades on your MetaTrader account. All you have to do is set up the EA according to your risk settings or use the preinstalled parameters, and the bot will begin trading on your behalf. It will use its preprogrammed algorithm to make trading decisions. 

ChatGPT and Google Bard analysis

Built into the Perceptrader AI software is a feature that allows you to access trading insights and market analysis produced by either ChatGPT or Google Bard. These services are leading Ai resources and the developer at valerytrading has integrated them into the expert advisor. 

Risk management settings

One of the key features of Perceptrader Ai is it’s built in risk management tools that give you complete control over how much you risk on each trade. You can adjust the parameters once you’ve loaded the EA onto your charts. You can choose from multiple settings that allow you to adjust risk for various circumstances. 

Education & learning resources

What educational resources are on offer?

A good selection of educational resources is available on the valerytrading website and dedicated Perceptrader AI page. You can access numerous guides, including PDFs and videos, to help you set up the robot. You can also access the Perceptrader Ai Telegram group, where you can speak directly with the EA developer, Valeriia Mishchenko.

Educational resourcePerceptrader AI resources
Video tutorials/webinarsYes
Walkthrough guidesYes
Help centerYes
TelegramYes

Telegram group

When you use the Perceptrader AI software, you will not be alone. Valerytrading has a dedicated Telegram group for the EA, with thousands of members in it. The group services as the EA’s main announcement board and is where you’ll find the latest developments, additions, and bug fixes.

14 day free trial

The developer of Perceptrader Ai, valerytrading, is confident in the robot’s ability to deliver consistent profits and offers a free 14 day trial to test the software. During the trial period, you’ll gain access to a temporary licence, giving you access to all of the features available to paying members. 

Profit calculator

On the valerytrading website, there is a profit calculator designed by the developer which shows you exactly how much money you can expect to make when using the expert advisor. You can select different starting capital amounts and adjust many other settings to find the optimal sum of the initial investment. 

Our verdict

Perceptrader AI is an impressive and effective expert advisor for trading the forex market. Designed by award winning developer Valeriia Mishchenko of Valerytrading, Perceptrader AI looks set to continue with the theme of profitable EAs already released by the company. 

Including artificial intelligence in Valeriia Mishchenko’s latest creation has already proven to be a good decision, as the bot has delivered consistent gains over the past two years. While testing the Perceptrader AI expert advisor, we generated decent returns using moderate risk settings. If you’re happy with taking on some risk, this EA will likely deliver strong gains consistently. 

Like other bots Valerytrading offers, Perceptrader has a 14-day free trial, a 30-day money-back guarantee, and full support. While it’s not the cheapest EA on the market, it is worth spending the money, especially if you want to generate profits on autopilot from the foreign exchange market. 

Methodology

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

We test each trading robot to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other autotraders we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the expert advisor, conduct research, and score the service.

To supplement our practical testing and experience, we research the service to gather any further relevant information and provide context to help you decide whether the trading platform is suitable for your investing needs. 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.

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

We work closely with the individual brand to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process.


Sources & references

Risk disclaimer

Prash Raval

Prash Raval

Financial Writer

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Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while running an educational service helping novice traders learn the markets. He has a keen interest in micro and small cap stocks....