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Best Forex Robot Tests

My Best Forex Robot and Expert Advisor testing process is thorough. I take a deep dive into the live and demo accounts of MT4/MT5 compatible products and draw conclusions based on statistical analysis. I provide a full comparison table with trading statistics drawn directly from Myfxbook, and FX Blue accounts.

In addition to the robot table, I’ve put together a full length video of my top choice. Explaining why it is the Best EA currently, based on verified live trading results and and real social proof. I also give 3 amazing tips that will help you grow your accounts with this robot if you choose to use it.

I’ve been using, developing and testing robots for 15 years, so this is the BEST list you will ever find.

Best Forex Robot Tests 2025

I’m actively testing over 100 robots and expert advisors. I only list the robots that I feel are either viable, or that need to be discussed due to their popularity in the market.

#1 Forex Fury

Going on nearly 10 years in business and over 26,000 members, Fury is an EASY choice for the #1 spot.

Not only is this an easy robot to setup, and start working with in under 15 minutes. It’s also the top rated robot by over 90% of the trading robot review sites on the internet.

I’m personally behind the system, and I back it completely. Which is why you will find Myfxbook verified live trading accounts below.

You can click on these images and view some of my live trading accounts using the Forex Fury software.

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This quick video will take you inside the TWP VIP trading room, and show you a complete breakdown of one of the trades.

Here are some of the important features of the service:

  • 13 winning months in a row
  • 3-5 trades every week
  • Full breakdowns of every trade
  • Free trade copier for all members
  • Over 20 years of combined trading experience

15% OFF COUPON: Fury15

#2 TWP VIP

While TWP VIP by definition is a signal service. This service comes with a free Copier, which is an expert advisor that copies all of the trades directly to your MT4 or MT5 account.

All trades provided are vetted by 3 real trading analysts with over 20 years combined trading experience.

Going on 3 years, the service boasts over 2,400 ACTIVE clients, and is on a 13 month winning streak!

If you need automated trading, but want to learn and profit at the same time, then I highly recommend TWP VIP, even though it’s not a conventional Forex robot.

To access the trading room, all you need is the free app telegram, and a willingness to WIN!

This quick video will take you inside the TWP VIP trading room, and show you a complete breakdown of one of the trades.

Here are some of the important features of the service:

  • 13 winning months in a row
  • 3-5 trades every week
  • Full breakdowns of every trade
  • Free trade copier for all members
  • Over 20 years of combined trading experience
#3 Forex Flex EA

Another long time favorite of mine, Forex Flex EA is a powerful trading software. I do not use the robot as actively as I did in the past, but it’s a very effective bot, run by some incredible traders.

They provide a ton of verified Myfxbook accounts, excellent settings packages and have a full forum on their website for members.

There’s very few systems that I ever trust with my live accounts, but Flex is one of them.

While this video is a couple years old, it is still relevant, and I still feel the same way about Flex today.

Here are some of the important features of the service:

  • Members area forums
  • Pre-packaged settings
  • Verified results
  • 10+ years in business
  • Proven team of traders

Forex Robot FAQs

What is a Forex robot?

A Forex robot is an automated software built with algorithms and market specific rules that determine trade opportunities. Robots have many settings that allow for clients to set their take profit, stop loss, lot size, trade time and even influence the strategy itself.

How does a Forex robot place a trade?

Robots will place trades in your MT4 or MT5 trading account when it’s connected to your chart and all the settings are set up properly.

How does a Forex expert advisor determine trade strategy?

Most robots or EA’s will utilize indicators and rules that specify when the software will enter trades. Often the simplest strategies outperform the most advanced. The most common indicators used in algorithmic trading are moving averages. Specifically, moving average crosses to determine accurate trade entries.

Do Forex robots really work?

Yes. Forex robots work. That doesn’t mean that all robots are profitable, but if programmed properly they will execute a strategy and place trades in your account. It’s also worth noting that just because a strategy performs well for a certain period of time, doesn’t mean it will always be a winner. The market is always changing.

How much money can I make using a Forex robot?

This really depends on how much you are willing to invest. A really effective robot can make over 10% per month, and if you compound those gains it can add up very quickly. Though, robots that make larger monthly gains are likely risking more to make those gains possible. So make sure to pick robots with lower drawdowns.

What is the best Forex robot?

Forex Fury is currently the best Forex robot in 2022. This is backed by social proof, and verified live trading results. Most robot developers aren’t willing to invest $50,000+ in live trading accounts like Forex Fury does, which says a lot about the project.

What is the worst Forex robot?

Honestly, there are hundreds vying for the worst Forex robot as way too many of these systems hit the market without proper testing. Due to the widespread use, and exorbitant amount of negative complaints, I believe Odin Forex Robot currently holds the title.

Most Important Categories when Picking a Robot

Our analysis of what makes a best Forex EA or robot is based on 7 important categories. Understanding each of these categories is very important when picking out a robot that you can trust with your account.

Gain – we are only interested in systems that are showing a steady gain in overall account size. Accounts don’t have to reach thousands of percentages in order to qualify, as we are content as long as the accounts are consistent.

Monthly Gain – in terms of monthly profit percentages, anything over 3-5% is acceptable. Many robots will naturally start to produce less and less profit over the years. So, it’s important for us to analyze the gain, the monthly gain, and also the recent history. If a robot produced all of it’s best numbers 5 years ago, then we will often advise against it.

Drawdown – the drawdown is incredibly important because it’s the easiest number to use in order to determine the risk level of a robot. For example, if the drawdown is 65%, this means at one point in time the software had -65% in open trades. This doesn’t mean that it resulted in a loss, but it does mean that in the future the software can potentially hold large losses open. The closer this number gets to 100%, the riskier it is. Generally, the best Forex EAs will have a drawdown below 30%, if not even lower.

Account Length – it’s important to know how long a robot is active. Many robots will arrive on the scene with incredible gains in a single month, and then disappear. In the last few months, we’ve been going through all our expert advisor reviews, removing many Myfxbook accounts that crashed. There were over 50 accounts that came out of the gates with a high-risk approach and lost all of their funds within a few months time. So, it’s imperative that vendors provide multiple accounts, showing both long-term and short-term success. If you purchase a robot on just 30 days of evidence, you are taking a risk.

Risk/Reward Ratio – we always analyze the risk/reward ratio of every expert advisor or robot we test. In doing this, we look at the average win, average loss, best trade, and worst trade all in pips. Obviously, depending on the strategy of the robot, these numbers will vary, so a trader’s personal preference comes into play here. We have no issues with large risk reward ratios, as long as the win rate is very high.

Profit Factor – the profit factor is a number that’s been used in testing robots for many years. Basically, it specifies how many times the sum of all the winning trades exceeds the sum of all the losing trades. If this number is high, you are generally looking at a top performing robot.

Average Trade Length – not as important as many of the other categories, but another great indication of how an expert advisor trades. If you prefer short trades, then you will want to see the average trade length below 24 hours. If you prefer long trades, then you can see this number extended to weeks or even months if you appreciate the long game.

There are more categories and specifications we could go on about, but these 7 we selected are very helpful in in understanding what every trader should be looking for in an automated trading software for MT4 or MT5. We have a similar process breaking down how we analyze each of our reviews too, which can be found in our about us section of the website.

Best Forex Robot Review (Most Recent)

We have reviewed thousands of robots over the years. This review table is comprised of all of these reviews, and can be sorted or filtered for your perusal. To start, all of the robots are sorted by date, so you can see what’s new in the market. While we appreciate the advanced technology that new products provide, that doesn’t mean they are always the best. Often, old expert advisor strategies are more profitable, especially if they are updated frequently.

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Robot Testing Conditions

All best Forex robot tests are run on a Forex VPS, the Forex Robot Nation team finds that results are much more consistent, and positive when using a Virtual Private Server. This also allows you to turn your computer off when you trade.

If you have not started using a Virtual Private Server for your trading, go to our review page above, get a coupon and read our easy Forex VPS set up guide to find out how easy it is to start.

Forex Robot Trading can be difficult if you don’t have the right product (best Forex robot).  As a Forex trader, you need to have the right expert advisor, at the right price, and we offer this with our reviews. Currency Trading is an art, if you want the profits and the pips at a low risk then you need the right software. Here at Forex Robot Nation we do everything in our power to make sure you get access to all of the best automated trading systems.

We are always adapting our reviews and processes as we look for the Best Forex Robot and expert advisors based on current market conditions. So, if you are a a Forex trader interested in Forex robot trading then you need to look at some of top systems we have selected.  They are low risk, priced low and are easily accessible, even for new traders.

Conclusion

Do you need more Best Forex Robot information? Feel free to click on and check out our full expert advisor reviews or go to the official websites of each vendor. We are always looking to discuss these Forex Robots and add new systems that are performing well so send us an email and we can help you find the best forex robot.

There is a lot that goes into our testing process. In the beginning stages of Forex robots, we really never had the same level of technology that we do have now, so there’s been a very positive shift. This makes backtesting very difficult because the majority of popular commercial systems are all relying on live trading data. This makes demo testing and live testing extremely important. The only issue with this approach, is that we need to trade a system for quite some time before we have enough of a sample size to rely on.

Our testing process will only grow more and more complex as the years pass by, but this is a good thing. This allows us to look at many different robot strategy elements and find ways to ensure that the community is only dealing with systems that can securely grow their investments.

574 comments

  1. Hi, I am a beginner in forex, which robot is suitable for me that would work in FXTM ECN Zero Account?

  2. Hi, I’m using Forex Steam Light Risk V9, the Stop Loss is standard -90 pips. I noticed in your MT4Live account you are using a StopLoss -20 pips. You believe to be safer?

  3. hello dear.
    is fury uses stop loss in trades ?

    i would like to buy it . is it still consistent in performence ?

  4. Any results from live accounts? Because most ea’s works fine on demo, but absolutely different in live account.

  5. Do the performance remain consistent especially with the recent eurusd volatility?

  6. Hi Admin, concerning the money management the robot uses, does it take into account the amount of margin available when it places trades. In the US we cant use the high leverage..I dont want to have to wory about margin calls or blowing my account but I do want to maximize the use of my investment capital. Do you have suggestions for this?

  7. Hi
    I want to buy this EA. Is it still consistent? Do you run with real account?

    How many months have you traded on real account and what is the profit percentage so far?

    Thanks
    Selvan

  8. I made 386.00 today on my demo account.I put the Fury robot on the gbp/usd and also the eur/usd and 6 trades were placed in the eur/usd by the robot. Is it safe to say that we can use the robot on both pairs? I think I was the third person to try this and it worked, thought’s admin?

  9. Not yet, I want to move to live soon.

  10. jeremyjohn82@gmail.com

    hi there, if after installing the forex fury, will it trade for me after i turn of my laptop? thanks

  11. Hello,

    I’m new here and not so familiar with Forex and MT4.
    I recently bought Forex Steam and want to try this out with severals brokers simultaneously. Should I re-download MT4 with each broker to run them simultaneously?
    I hope someone can help me.
    Sorry for my English.

  12. Can Fury work on micro account and any broker?

  13. Would you still recommend Forex Fury? Which broker does it work best with?

  14. I am thinking about ordering forex fury. I noticed on the order form you can order download protection, what is it ? Is it something you would order ?

  15. Hi,

    I am having trouble downloading the FinFx mt4 on my laptop. I have contacted support and we tried almost every conceivable solution. Other mt4;s are downloading just but I would like to deposit into Finfx since its a recommended broker. Is there any other recommended broker apart from Finfx?
    Thanks

  16. i have Forex Fury the last 24 hours and no trades. The pair has moved yesterday and today.

  17. I have an apple laptop can I download MT4? or is it only a windows supporting system ?

  18. Hi admin, I bought Forex fury 3 days ago, I try to use it with gainsy on a VPS. Since I installed it following the instructions it didn’t make any trade, and the little smiley in the top right corner is unhappy.
    The max spread is set as 2.5, if I increase it, what should be the good value ?
    I read that the best trading hour is 20:00 to 20:59 GMT, but how can I see the broker time ? Is that the same as market time ?
    Thank you

  19. hi , is Forex Fury still top rated?

    can i start with a $100 , must the spreads be tight?

  20. Can I start with 100 euro with Steam because my situation is very dare to say at least to put more at this time into a live account.

  21. Forex Fury is a very expensive Robot, do they ever come down to an affordable price?

  22. On forex steam do you use default settings? Or did you tweak them?

  23. Good day, I have Purchased the forex fury, ha there been any trading activity over the last 2 days as there are no trades placed on my account

  24. Hi, do you use in your account forex steam light v.9 or the forex steam normal?

  25. hi Would you recommend i pay forex steam and Is it best deposit $ 3,000 to start and What do you recommend

  26. Any recommendations on a broker to use for the Forex Fury program?

  27. Hi,
    First of all thanks for your website and the help you offer. I have bought Forex Fury and run it through Admiral Markets (in Australia) with the Interserver VPS (based in USA). My problem is that I am getting differing results from the demo that I am running with FX Club (based in Cyprus and without VPS). The other day the FX Club demo took 7 trades and the Admiral account took 4 trades, at roughly the same time…..hence my concern
    My first question is does the distance with the VPS matter? The second question, does the broker make a difference? I am happy to go with Fin FX and we do have FXCM here in Australia but not the same company as in Europe. I would appreciate any advice as to how best to set my trading account up.
    Cheers, Pete

    • Hi Pete, this would likely be due to the different sizes of the accounts. If the software can open 7 trades at a certain risk level they will, but if it can only open 4 trades to meet the same level of risk it will. It’s for trader safety.

  28. Hi Admin.
    *** Three questions about Forex Fury:
    1- I have two accounts with Swissquote (CH & UK). Any compatibility problem with those accounts ?
    2- Only works with MT4 ?
    3- After purchasing the license can I install the robot in a VPS or that is another type of license ?
    *** Finally: pros vs cons of every robot (Fury vs Steam) and what’s the best of them for an absolute beginner (!).
    Thx in advance for Your kind reply.

    • Hi LB, no compatibility issues there. Yes only works with MT4. Yes you can install it on a VPS. I like both systems but I prefer Fury, I would say it’s better for beginners since the installation videos are newer and easier to follow.

      • 1st: THANK YOU VERY MUCH FOR YOUR JOB !
        2nd: how much time do you suggest to “tune” the robot on a demo account before go to real money account ?
        3rd: same as previous point but related to “switching” from PC to VPS. Or is it possible to start directly from a VPS infrastructure (commuting later from demo account to real money) ?
        4th: always $300 are sufficient/good amount to start a real money account ? With what leverage ?
        5th: best quality/cost rate VPS providers are listed in Your link at bottom ? What criteria can I use to select same class of service providers in Switzerland or UK ?
        Newly: Thx a lot for your very appreciated help.
        Best regards.

        • No problem LB. Trade 1-2 weeks on demo, when you feel comfortable go live. You can switch to a VPS whenever you like. Yes $300 is sufficient. I don’t use any VPS in Europe currently. Just lowest price Windows VPS is best choice.

  29. Hi
    Would you consider Forex Steam a good EA for starter trader? Is Forex Fury still better these days then Forex Steam? I am just trying to decide between Steam and Fury. Somehow I like Steam better but I dont want to go wrong from the begining. What would you advice. What is better for someone just starting with Forex and EAs. Thank you

  30. I just purchased Forex Fury based on your reviews. I’m wondering if you have tested other parameters. I am currently running on FXCM demo and FX Choice demo accounts with the robot added to both EURUSD and GBPUSD 15m charts. Using the recommended parameters on FXCM it took a GBPUSD trade at close of business (US) Friday and yielded a nearly $900 profit ($50,000 demo). Today, just to test, I changed the trade time on the FX Choice account ($5,000 demo) to 24 hours. Forex Fury has taken trades in both EURUSD and GBPUSD for profits of over $500 in one hours of a.m. U.S. trading. Would you consider this dangerous and I should stay with the 1 hour trading timeframe or is it a good idea that I am testing the trading times for my own optimum performance?

    • Hi Tyke, with unlimited demo accounts it’s always a good idea to test. Just do it on demo before and if you establish a new strategy take advantage of it. That’s the beauty of automated trading and Forex Fury.

  31. Hi love the site and all the info provided just curious between purchasing Forex Fury Or Goldbull Pro

  32. I purchased Forex Fury on the morning of 6/30/15 with great expectations. I have a demo account with PaxForex (based on your website recommendation). On 6/30/15, the Forex Fury install went smooth and shows it is active on my demo account. Between 6/30/15 and 7/1/15, there appears to be lots of movement on the GBPUSD pair. However the Forex Fury did not make any trades. I was wondering if anyone had any Forex Fury trades Between 6/30/15 and 7/1/15. I want to know if Forex Fury is working on my MT4 platform. Do I need to try a different broker?

  33. Just saw answer to my previous question. I would still like to see results of Forex Steam. Does it work on different currency pairs? Can you use them both concurrently on the same MT4 platform?

  34. Hello again. My account with FXCM is a demo account at this point. If I load Forex Fury with the idea of trying it out before I fund the account, will it be a problem to switch it over to a live account? Also, in the past, I had trouble getting an EA installed. Is there a real live person I can talk to at Forex Fury if I run into problems? Emails back and forth are not efficient when you need tech support and are very frustrating! Thanks.

    • Hi Andrea, switching accounts is never a problem. They answer within an hour during office hours so it’s never an issue. The videos are also top notch and slowed down for beginners.

  35. Hi. I am interested in purchasing either Forex Fury or Forex Steam. You say you have used Forex Steam (light version) for some time now. Have you actually used Forex Fury yet, and if so, how do your results (for one or both) compare with the what the company advertises? Also, if I have an acct. with FXCM already, are these compatible? Thanks for your time.

  36. I want to purchase this product but i failed using mycommerce website , is there any other payment method to buy it ?
    Second thing .. in general.. using light or full version ?

  37. I purchased Steam and installed successfully but it hasn’t taken a trade in the few hours it’s been on. Does anyone know if it works w/ ForexBrokerInc?

    • Hi Dave, you will need more patience, sometimes it can go a day or two without a trade if the right opportunity isn’t available. It will work with your broker.

      • Hi ! Thanks to your recommendation i have 3 days that i bought Forex Steam your review its really good ! know i am testing the Light Version in my demo account , can you tell us , you use the default setup or you change it to get the results in your live account that its shown here ? went you started with 1000$ account you set the risk to 1% o used 10% ?

  38. Would like to purchase steam light. My concern: Is their a paid sevice to instal tne Robot to my broker and a Vps,as I dont want to do that on my own? Thanks

  39. Awesome website. I plan to get the FX steam too. Did it get recently cheaper? its only $117 now. I remember it was more expensive a few months ago. Also, will this work with fixed spread accounts? Thank you.

  40. how can i get a copy of your ea

  41. what is the minimum amount that can be used to trade steam

  42. Hi, Can I use my broker previously with this robot? .. or should I use a broker that is recommended in the members area? ..

  43. Hi,

    Really good that you have really fast responses :), one question is there a suggested minimum that you start with, with forex steam and if so how much? ohh and how much is it likely to turn into in a month? not because I want a get rich quick so I can risk mange better and decide on taking trading full time with the extra income it will provide 🙂

  44. Hi, your tab says Top 3 forex robots. But there is only 1 forex robot shown: Forex Steam. Where are number 2 and 3?

  45. Is meta Trader a broker? or is a platform that links to a broker? if so whats the best broker to use with this software?

    Regards
    Jordon

    • Hi Jordan, it’s a platform used by all Forex brokers, free demo accounts are always available. You can use any broker you prefer, they have links in the members area for those that need direction.

  46. What is the recommended size trading bank with this?

  47. Can anyone give me the best broker and VPS to use with this robot?

  48. My First Trades with Forex Steam EA took place on March 26th.
    So i am 2 for 2 trading eur/usd
    2 wins (+10 pips each win) and did not take long (only minutes) to reach take profit.
    So far, i’m satisfied but its very early.

    • got 2 more +10 pip wins EUR/USD while sleeping last night.
      But the odds may be against me as my fifth trade is next, and i am probably due for my first loss if the 80% win/loss stat holds true.

  49. i want to buy this EA forexsteam how can i ?

  50. Hi
    I noticed you have redone your site. It looks nice.
    Where is the list of EAs by performance? I clicked everywhere ????
    all I get is best robot.

    Thank you
    Oded

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