What is a Forex Robot: A Forex robot or else a Forex Expert Advisor is a small computer program that plugs in an automated-trading platform such as MetaTrader or TradeStation. This software is based on certain algorithms that use a set of TA rules and conditions to open, modify, and close trading positions. A Forex robot can trade the market on a 24/7 basis by excluding all human emotions and limitations such as fatigue and frustration.
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FX ROBOTS |
ROBOT TYPE |
PLATFORM |
FEATURES |
COST & INFO |
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◘ EA BUILDER
RATING: 5/5
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■ CREATE CUSTOM EXPERT ADVISORS ■ BUILD AUTO-TRADING SYSTEMS WITHOUT USING ANY CODE ■ TRADE FOREX, EQUITIES, METALS |
L METATRADER 4 & 5 | TRADESTATION
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■ Create custom Automated Trading Strategies ■ Graphical User Interface (no programming needed) ■ Full set of functions, including time■ Full Money Management features ■ Lifetime access to Support |
> Free for creating indicators > $97 (one time) for EAs Unlimited Real & Demo Accounts
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◘ FOREX MEGADROID
RATING: 3/5 |
■ SCALPING EUR/USD |
L METATRADER | L ZULU
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■ Trades Only EUR/USD pair ■ Provides a Stealth Mode ■ Smooth Results ■ Losses Minimization Strategy |
> $82.40
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◘ WALLSTREET FOREX
RATING: 3/5
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■ SCALPING 6 FOREX MAJORS |
L METATRADER 4 & 5
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■ Five (5) built-in protection algorithms ■ Trading six (6) Forex pairs: EUR/USD, GBP/USD, USD/CAD, USD/CHF, NZD/USD, AUD/USD |
> $299 (free updates) for two (2) real accounts Unlimited Demos
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◘ GPS FOREX
RATING: 2/5 |
■ SCALPING FOREX |
L METATRADER 4 & 5
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■ Targeting the Asian Session ■ Reversal Strategy ■ Specialized in trading: EUR/USD, USD/CHF, GBP/USD, EUR/GBP |
> €149.00
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◘ AUTO BINARY OPTIONS
RATING: 2/5 |
■ SEMI-AUTOMATED TRADING |
L BINARY OPTIONS PLATFORMS
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■ Visual Interface and Automatic Alerts ■ Including 5 Indicators ■ 1-15 minutes Turbo Binary Options ■ 15 minutes and longer Binary Options |
> $119.31
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■ Fx Robots Comparison
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