How to Use MyFxBots?

Automated Forex trading robots or Expert Advisors are Metatrader plugins that help execute trades based on pre-programmed strategies. To use them, you need to install the robot on the Metatrader platform, configure its settings, and test it on a demo account before using real money.

Welcome to MyFxBots! Our team of experts meticulously analyzes strategies, conducts rigorous backtesting, tests with real money, and provides comprehensive reviews. We aim to empower our valued traders with our wealth of experience and insights!

  1. Get A Trading Account in a Good Broker

    Choose a reputable broker that offers low fees, good customer support, and a user-friendly platform. Ensure the broker is regulated and has a good track record.

  2. Get A Profitable Expert Advisor

    An Expert Advisor (EA) is an automated trading system. Look for EAs with a proven track record of profitability, positive reviews, and back-tested results. Test the EA on a demo account before using it with real funds. Our reviews are below!

  3. Get A Fast Cheap VPS

    A Virtual Private Server (VPS) hosts your trading software and provides low latency for faster trade execution. Look for VPS providers that offer good performance at an affordable price, and ensure they have reliable customer support.

  4. Get A Reliable CopyTrading

    CopyTrading allows you to automatically replicate the trades of experienced traders. Choose a reliable platform that offers verified and profitable traders to copy, and ensure the platform has good security measures in place.

  5. Get A Reliable Trading Signals

    Trading signals are in-time recommendations to buy or sell financial instruments. Choose a provider with a good reputation, transparent performance history, and a reasonable cost. Test the signals on a demo account before following them with real money.

Last Reviewed On:
Thurs, 4 Apr 2019
ForexBot28 uses neural networks that help it to achieve impressive results.
Visit ForexBot28 Website
4.66/5
23 total votes.
Last Reviewed On:
Tues, 26 Mar 2019
FxStabilizer precisely computes the most suitable situation to open a trade and then perform every ability to close it in profit. It is also packed with an absolute trading security mechanism as a last resort where the loss will be stopped at a preset percentage of the deposit the trader is ready to risk.
Visit FxStabilizer Website
4.16/5
43 total votes.
Last Reviewed On:
Thurs, 21 Feb 2019
Forex Kore EA is one of the best Asian scalpers on the market.
Visit Forex Kore EA Website
4.68/5
24 total votes.
Last Reviewed On:
Fri, 7 Sep 2018
No matter they were good or bad, Happy News EA trades important Forex news automatically.
Visit Happy News Website
4.55/5
39 total votes.
Last Reviewed On:
Tues, 24 Jul 2018
The trading strategy of Forex Impulse Trader main idea is detecting the impulse then opening two trades at the same time and direction.
Visit Forex Impulse Trader Website
4.79/5
60 total votes.
Last Reviewed On:
Fri, 13 Jul 2018
FxCharger is designed to open trades every day. Each order has a unique Takeprofit as the EA adjusts it to the current Market condition. Each trade has a unique Stoploss.
Visit FXCharger Website
4.76/5
46 total votes.
Last Reviewed On:
Fri, 22 Jun 2018
Forex Spectre is a trend follower EA coded with 3 different strategies but with many similar behavior aspects. Although proved profitable, further descriptive data about those strategies were not revealed by the EA developers and are still vague.
4.77/5
33 total votes.
Last Reviewed On:
Thurs, 14 Jun 2018
Happy Trend trades on high volatility including a News Filter. No martingale, no hedging, and no grid are included in its trading algorithm.
Visit Happy Trend Website
4.8/5
25 total votes.
Last Reviewed On:
Tues, 13 Mar 2018
FxMath Stochastic Trader employs multiple trading strategies working together, basically the trend / swing strategy.
Visit FxMath Stochastic Trader Website
4.94/5
194 total votes.
Last Reviewed On:
Fri, 12 Jan 2018
Forex Pulse Detector is a scalper and grid trader with multiple built in indicator sets for market reversal precise detection and special algorithms for the highest accuracy on its compatible low timeframe (M15) causing higher trading activity with faster profits as in the backtests and live trading performance results.
Visit Forex Pulse Detector Website
4.76/5
78 total votes.
Last Reviewed On:
Mon, 1 Jan 2018
Ray Scalper core trading strategy is the concept of Ray Tracing on M15 / H1 trading range channels & Fibonacci levels. It never performs martingale nor pyramiding neither pending orders.
Visit Ray Scalper EA Website
4.79/5
252 total votes.
Last Reviewed On:
Wed, 20 Dec 2017
Professional Trading Portfolio is a merge of both Professional Breakout Trading System and Professional Reversal Trading System to work together, they are totally automated Forex systems coded for Metatrader4 platform.
Visit Professional Trading Portfolio Website
4.78/5
242 total votes.
Last Reviewed On:
Tues, 8 Aug 2017
Forex Earth Robot incorporates a powerful money management strategy and tends to look for high-quality available positions around the clock conserving optimum gains supported by minimum risk, it works will any MT4 platform no matter what the broker is.
Visit Forex Earth Robot Website
4.56/5
324 total votes.
Last Reviewed On:
Thurs, 15 Jun 2017
FXMower EA allows setting a desired drawdown limit for the account!
Visit FXMower Website
4.84/5
390 total votes.
Last Reviewed On:
Sat, 4 Mar 2017
Forex Testosterone TSFX EA is a mathematical two-martingale (interacting external & internal) algorithms with a logic that closes orders according the current risk and account balance.
Visit Forex Testosterone TSFX Website
4.53/5
35 total votes.
Last Reviewed On:
Fri, 24 Feb 2017
Multiple strategies are working together in MineSweeper EA, basically back Martingale for the first 3 - 4 orders, then basic Martingale to increase the profits with risk minimizing measures after 7 - 8 - 9 orders.
Visit MineSweeper EA Website
4.59/5
60 total votes.
Last Reviewed On:
Sat, 18 Feb 2017
It waits for the market's best situation to open trades, by setting the maximum drawdown value for all the trades or for each tradable currency pair separately, it guarantees an unprecedented control over the account balance it's trading. It can also run alone or simultaneously with other Forex Robots.
Visit Forex inControl reborn Website
4.54/5
91 total votes.
Last Reviewed On:
Thurs, 19 Jan 2017
Einstein Trader is a price action frequent scalper, an automated Forex system with safety filters, no high stop loss, quick – in and out trades, no grid trading and no martingale.
Visit Einstein Trader Website
4.81/5
258 total votes.

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.