Caliber FX Pro is a Forex robot that focuses on risk minimization and diversification – the system itself is a package of 3 robots trading on 3 currency pairs.
Forex Cash Evolution
Forex Cash Evolution is, to quote the official website, the only system that has been tested for 7 years. Its algorithms enable the EA to trade in varied market conditions – trending and non-trending, volatile and non-volatile.
Triple Threat FX
Triple Threat FX is a Forex trading course by a veteran Forex trader and coach Todd Brown. Besides teaching trading strategies, the course has a lot of focus and the trader’s psychology and mindset – very important aspects that are often overlooked.
MT4 Alert
MT4 Alert is a service for those MetaTrader 4 users who no longer want to be stuck to the charts for hours every day monitoring their positions and markets. The service sends you alerts in text messages about your account’s status and changes right to your cell phone. You can receive alerts when a trade is opened, closed, when profit or loss is made, alerts of live trading server going down, monitor spreads, price alerts, and more.
FRWC’s Royal Trader
FRWC Royal Trader consists of top 5-7 Forex robots from the Forex Robot World Cup competition that is about to end. Not only do these robots are the top performers, they run with a constantly updated live statements available for everyone to see for almost 2 months. In addition, it is sponsored by FXCM and Boston Technologies.
Pip Android
Pip Android is the “most intelligent Forex system” that promises remarkable accuracy and profitability. Most importantly, it will show live trading results to back up its accuracy, once it goes live.
Forex Neutrino
Forex Neutrino is a new Forex trading signals program built to beat the Forex robots.
The few demo signals it shows are on the GBPUSD 4 hour chart. So supposedly it gives out long term signals.
Forex Powerband Dominator
Forex Powerband Dominator is a manual Forex trading system that works on any time frame with any currency pair, and is good for scalping as well as long term trading.
Forex Profit Launcher
Forex Profit Launcher is a Forex Trading Signals Software from the same guys that brought you the Supremo FX Signals. The software gives out the signals on screen, as well as it has an option to email them to your inbox. It comes with a detailed manual explaining all the options and usage, so you don’t get lost. It also comes with the Manual Forex Profit Launcher Trading System, so you can also trade manually and study the strategies behind the Forex Profit Launcher software.
Forex Juggernaut
Forex Juggernaut is an EA with a 76.48% winning rate. It’s pretty much like other Expert Advisors, with an exception that it says to use its own Juggernaut ‘SWING’ technology. It runs only with EUR/GBP and on 1 hour timeframe and is a fully automatic robot.
USDBOT
USDBOT is a 2 in 1 EA for two currency pairs – EUR/USD and USD/JPY. The system is built around a strategy of a group of veteran Forex traders, which has taken them years to perfect. The robot was built using the adaptive neural network technology which takes into account common trading strategies in addition to its own. Thus the robot is able to adapt to different market conditions or trends.
Forex Avalanche
Forex Avalanche looks like any other fully automated Expert Advisor system. It works on Meta Trader 4, it’s easy to install, it doesn’t require supervision. It doesn’t claim to use any AI or neural network technologies, or any other bells and whistles. But it promises to work.
Forex Mercenary
Forex Mercenary is a stand-alone Forex signals software developed with its own AI and based on statistical models for each currency pair. The stand alone software doesn’t need any extra platform (such as Meta Trader) and it generates signals for short-term positions. As such it should generate several signals a day.
sRs Trend Rider
sRs Trend Rider is a unique Forex trading system. It’s a hybrid system, which means there are both, manual and automated components. The description of sRs Trend Rider says it’s 95% automated. We should understand that this system is based on a trading strategy that allows automation but also requires humanly touch.
Forex Mutant
Forex Mutant is a signals software and an advanced manual trading system. The trading strategy behind Forex Mutant is said to be 90.3% and the authors have set a goal to not only provide the users with results but to also teach them trading.
Forex Knight Rider
Forex Knight Rider is a new Forex scalper EA. It’s fully automated and will make several trades a day at about 6 pips in profit each (96.67% winning trades). It runs exclusively on EUR/USD 15 minute chart. Indeed, it is a true scalper per specification.
FXOpen
Before writing a review of FXOpen I’ve researched a lot of Forex brokers that use MetaTrader 4 platform and they were one of the most talked about brokers with a very decent feedback. Furthermore, FXOpen is used by traders who trade with Expert Advisors and realizing that most readers of this site are interested in auto trading, it was a nice fit. The only problems that people seem to be having are with scalping – the servers sometime seem to be having delaying and an occasional re-quoting is happening. So if you’re looking for a broker for scalping, FXOpen may not be ideal. Other than that most traders seem to be having a good experience, so I went ahead and took a closer look at this broker.
4X Pip Snager
4X Pip Snager is a manual Forex trading system for those who want to get their hands dirty and get results faster. The package actually contains two systems – scalping and intraday swing trading system. Each system is a set of rules and indicators which you use to manually open trades with provided stop loss and take profit.
A.I. Forex Robot
The AI Forex Robot is another expert advisor that claims outstanding results by using Artificial Intelligence technology. Once again though, there’s no more detail about how it implements the AI and how it makes the robot better.
Forex Twister
Forex Twister is new long term Expert Advisor that among its unique features declares a 95% success rater and Artificial Intelligence under the hood. The robot works with all major currencies and any type of Forex broker that works with MetaTrader 4 platform.
Forex Income Engine 2.0
Forex Income Engine 2.0 is a limited release of a Forex home study course. The course caters to beginners as well as the advanced traders. In a nutshell, the whole course consists of:
Easy Forex
If you’re a beginner, Easy Forex comes first to mind for a Forex broker, and not just because of the title having the word “easy”, it really is. Easy Forex founded in 2003, is well established internationally with offices all around the world; while the main head quarters of the company are based in Cyprus (part of EU).
Before I continue allow me to add a little disclaimer. All information in this review is as per the official Easy Forex website on the day this article is published. They can change their services and website at their discretion, and should that happen I may not necessarily be aware of it to update this page. Please check the official site to confirm any details if you’re making any financial decision.
Forex Nuke
Forex Nuke is a new EA software advertised as EA built with a brand new strategy for 2010. The features of this robot are more or less the usual – low investment requirement, it works on MetaTrader 4 platform, it works on demo accounts, it doesn’t require experience and has video tutorials to give you a start. I’ll skip the details as they aren’t that important as long as it works.
No Loss Robot
No Loss Robot comes out of the blue and announces that it can trade 100% successfully and 100% automatically. That’s certainly an outrageous claim – I’m yet to see a system that is really flawless – that’s impossible. Could it be a play on numbers? You be it is.
But first, the features. No Loss Robot has grown from a manual trading system which was based on trend spotting. The authors claim to have had great success with their system and they have decided to automate the process. As a result the robot is trend based too.
Correlation Code
Correlation Code is a new and very unique Forex trading system. In a nutshell, the system is using the similarities and differences (correlation) between two currency pairs. The system is based on monitoring fundamental correlation between different pairs and as a result of testing 82 strategies based on this, Correlation Code is a set of 8 strategies that performed best.
Over Under Expert Advisor
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Forex Automoney
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Pips Miner
Pips Miner is a completely automated Forex trading software from Forexzone Ltd., a company based in London, UK. The developer of the software is important to consider, because you can tell what they have at stake. For instance, if a software is created by a little known or unknown at all individual, they have nothing to lose and they don’t have to care if their software works right and if they provide good support.
A company like Forexzone, on the other hand risks their brand name should their software fail. It’s a big plus for Pips Miner when deciding to invest in it.
Forex Rebellion
Forex Rebellion is a manual Forex trading system comprised of unique indicators and money management system. It is endorsed and verified by the Surefire Trading Challenge and tested by numerous beta testers to get an average success rate of 80% – they report profits from 35% to 130% in four weeks of trading with the system.
Supremo FX Signals
Supremo FX Signals is a Forex trading signals software. Â It runs on Meta Trader platform and generates signals when to open positions, what stop loss and take profit orders to place. It works with all currency pairs and all time frames. And since the software doesn’t trade, there’s no dependency on account size, you can use the signals with any account.
Sniper Fx Signals
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Forex NightFox
Forex NightFox is an automated Forex trading system which has two unique aspects to it. It has a sophisticated money management system and it works in Asian markets. While there’s not much information about how it works in these markets (since the proof of results is in the main currency pairs, such as EURUSD and EURGBP), but I think it does that by trading at specific times when the Asian market is active. In other words, it’s built to trade at specific times of the day.
Forex Warlord
Forex Warlord is a new Expert Advisor, a system that promises to make you consistent profit by trading Forex automatically. The proof it provides as usual looks good – that’s pretty standard. But the way that this robot tries to be unique is by combining 3 different systems in one EA. The idea is to achieve a better reliability.
TrendProphecy FX
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Forex Enforcer
Forex Enforcer from the creators of Forex Decimator is a brand new automated trading software (EA) which claims to have addressed the major problems traders have had during the past 12 months. There are no specific details as to what problems exactly it has addressed, but as its best feature the creators list its ability to adapt to any market conditions.
Forex Trend Scalper
Forex Trend Scalper as the name suggests is an intraday trend scalper. One thing we can be sure of – it will make enough trades. The product comes with a set of extra 4 indicators for Meta Trader 4 to suit any market conditions and a starter’s kit for those new in Forex.
Forex Trend Scalper can be used to trade either automatically or manually. It’s comes with an EA as well as the indicators and strategies for manual trading.
Forex Invader
Forex Invader is yet another expert advisor promising to get you outstanding results and make you money on autopilot. I will skip all the promises it makes, most of them are exaggerated as usual for marketing purposes.
Forex Supernatural
Forex Supernatural is another automated Forex trading robot. What’s so special about this robot is that it is very active. It’s a scalping robot and trades every day. That of course adds a hazard to quickly lose money – you have to be careful about that, especially considering its profit-reward ratio is rather small at 1.2. But the potential is there nonetheless.
Forex Apocalypse
Forex Apocalypse is one of those Forex robots that shoots high. It claims to have turned the $3,000 account into $100,000 in just over 14 months. That’s a huge return on investment and not an often automated trading software makes such claims (unless they are outright lying). It also claims to have a nearly 100% winning rate which is supposedly why such profits are possible.
Forex Bling
Forex Bling is an automated Forex trading system employing 4 types of trading methods – Trend Following Trading, Breakout Trading, Scalping Trading, and Grid Trading.
Separating its functionality into these four parts makes the software flexible and allows traders to adapt their own trading strategies. And as such, the package consists of 6 expert advisors:
Forex Cash Siphon
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Pips Autopilot
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Best Forex Software
There’s a ton of Forex software to choose from, but to be honest, very few are really any good. It’s a big market with a great demand so there will always be those trying to create a supply but they don’t always deliver quality.
This site is a 100% community driven site which has received thousands of reviews and comments about hundreds of Expert Advisors, Forex systems, strategies, courses and other products over the years. While we don’t test these products ourselves, we have an opportunity to see the overall situation in the Forex software market – something that can help greatly in choosing the right product.
Forex Signal Safe
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Forex Typhoon
Normally I don’t even write about software that has no firm ground to it and looks like a copycat of a system that you can get for free. But I will make an example of what to look out for. Now, I must admit I haven’t bought it and I don’t claim that it is a copycat or anything, but it just looks like someone decided to make some money by selling air.
Forex Wealth Machine
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Forex Executor Pro
Forex Executor Pro is not just yet another automated Forex trading robot. It’s a software that enhances the Meta Trader platform. But before I get into the how, I should tell you about the why. You see, there was a good reason for such a software to be created.
Since August 1st of this year (2009), NFA has hit the Forex community like a lightning from a clear blue sky. The new regulations have shocked every single broker in US. According to the new rules, the brokers can no longer accept OCO, stop loss, or limit orders. That’s huge, because there is no trading strategy that would not use at least one of them. Not only that, most automated trading programs that use those orders are affected too.
Instant Forex Profits Course
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Decision Bar
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Forex Ultimatum System
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Forex Decimator
Forex Decimator is a new Forex trading robot that claims 92% success rate (only 14 losses out of 179 trades). That’s a bold claim from the author who is new to this business – it’s his first product. Nevertheless, software should be judged by its performance.
Forex Geek
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Forex Nitty Gritty
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Forex Training Prof
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