Forex robots are ingenious inventions that use algorithms to search for profitable trades. The reason why people are using EAs is so that they can easily set them to trade automatically or switch to manually (as and when recruited) and gain large amounts of profits at all times by trading 24 hours a day. There are over hundreds of Forex robots available in the market today that are designed specifically with the latest technologies to ensure the most profitable trade for both a beginner and an experienced trader.
If you desire to become a more profitable trader or you are a newbie and are in need of proper guidance then the following list of best Forex robots will help you find the right one suitable for you: –
1. ROFX: ROFX is one of the most popular trading robots that have some of the most advanced trading features in the market. When compared to other robots it is entirely automated which means you don’t get to select when you want to trade manually when using it. Our ROFX overview shows that robot’s account type is real. . This robot has +371% gains and the number of funds on the account is $1000000.
2. Forex Fury: Forex Fury is a popular robot amongst traders because it acts as an all-in-one robot. It is fully automated and its results are fully verified. Forex Fury robot’s account type is a demo and has +144.5% gains. The number of funds on the Forex Fury account is $5000.
3. Forex Robotron: Forex Robotron is one amongst the best Forex EAs that claims to be the only one in the market that has been tested with variable spreads, real slippage, and tick data too. Its latest version features 8 trading currency pairs and a 5 minute time frame. The account type of this robot is real and the number of funds on the account is $100. Its gains rate is +157.11%.
4. Dragon Expert FX: Dragon Expert FX is quite popular these days and his dominating the chart. This is because they claim and prove to allow users to generate up to 70 to 80% profit on a monthly basis. Their claim is backed by their software which uses an advanced real-time algorithm code along with a correlation pairs strategy. Dragon Expert FX robot’s account type is a demo and the deposited funds on the account are $5000. Its gains rate is +218.22%.
5. FXCharger EA: This Forex robot claims uniqueness as it is designed specifically for daily trading, working on an intellectual stop-loss and take-profit setting. FXCharger EA comes in two versions namely FXCharger basic and FXCharger max. Its rate of gains is +2135% and the account type is real. The number of funds on the account is $2000.
6. FXStabilizer EA: FXStabilizer EA has 2 versions. The pro version provides eight currency pairs and allows customisation of other parameters. While the ultimate version provides a Forex robot that manages to trade six currency pairs and has two training modes, one with high risks and higher returns and the other with low risk and stable income. FXStabilizer EA robot’s account type is real and has a gain rate of +1935.66%. The amount of money deposited on the accounts is $500.
7. FXGoodway EA: FXGoodway EA is another popular Forex robot for the year 2020. It helps traders earn profits every week smoothly and the developers claim that the robot has four years of backtesting history on a live account. FXGoodway EA is a robot with a real account and the deposits on the account is $2100. Its gain rate is +428.96%.
8. Forex Gump EA: Forex Gump EA runs online currency pairs and monitors trends, news, and prices. Using this robot you can opt to set your trading reference to low-risk, medium risk, or high risk which has a direct effect on the outcome of your trades. Forex Gump EA robot’s gains are +1236.1%. The account type of this Forex robot is real and the number of funds on the account is $19,653.93.
9. Trading Manager Pro: Trading Manager Pro is a highly customisable EA with an excellent money management system. The robot is known for providing two types of trading including fully automated and semi-automated. Trading Manager Pro has an account type that is real and has +361.59% of gains. The number of funds on the account is $1124.97.
To become an effective and successful trader you are required to keep up with currency markets, world economics, and news while keeping a track of historical knowledge and data to predict the correct opportunity to enter or leave a trade. All this is possible by just using Forex robots which automate and take the emotional aspect out of trading. Therefore you must opt for an EA right away in order to attain success in the world of foreign exchange.