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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 want to congratulate you for your honesty and your great work doing due diligences with Robots, most EAs web sites are sellers only and they don’t care if they recommend garbage as long as they make a sell. I am an experienced manual trader, but this is my first time experimenting with auto trading, I bought your 2 recommendations and I have applied some common sense and so far very good. When are you going to recommend another EA?
    Regards

    • Hi Beto, thank you very much for those kind words! I’m currently testing a handful of systems, one is well ahead of the others, but I don’t know when it will be released to the public.

  2. Signed up for Fury and Steam last monday.

    Went live with both after a few days and I’ve already made back my purchase price.

    I’ll be buying more licenses soon, that’s for sure.

  3. sandro rondello

    Hi friend, I would like to receive the robot you recommend to buy. Forex Fury.
    You indicate any more.
    appreciate your attention

    Sandro

  4. Hi Admin
    Which broker is the best to use Forex Fury EA?

  5. I bought the Forex Fury but according to their setting it trades only for an hour from 4pm EST. I am puzzled as to how it can make 5-10 trades a day as they mention?
    Can the settings be changed to say UK trading hours? Has anyone tried this time frame and if so was it successful?
    Thank you

    • Fury has been around for a long time Mohamed, and the strategy has always been successful. Try not to be puzzled. Just ask your broker what their GMT offset is, then follow the FAQ. Takes less than 5 minutes to set the system up, and have it earning pips for months.

  6. Hello, Admin
    I have Steam and Fury working together, one on EURUSD and the other on GBPUSD in Live account (FXChoice) with great results. First month with 51 winners and 1 loose.
    Just have a doubt.
    Do you recommend leave the EAs working after extraordinary events such as the military attack on Syria?

  7. I see you started adding a full list of services.

    Very nice!

  8. Has anyone changed the default values in ForexSteam … and successful?

  9. hello,

    I am quite interested to start in this Forex world.. I have zero experience.. where can I get a full and detailed tutorial of how to install and set the server and Forex Fury software?

    thanks

  10. HI just bought Forex steam will like to know after installing it how long those it take for it to start trading. and how will i know if i have installed it correctly.It shows that is active, ohh and i’m using Traders Way as my broker ….

  11. Hi Admin.. Which broker does the steam robot work with the best?

  12. Hi admin. I just started forex trading last January and I am looking for ways which I can copy or automate my trading to gain better results. What can you recommend me to do as a beginner?

    Thank you.

    Ivan

  13. I purchased steam last week and run on demo for 48 hours through my ECN broker with money managment turned of and $10 per pip.(1lot)
    results so far are 4 trades and 4 wins of 10 pips ie $400 very impressive.

    Transfer to vpn and live acc soon. I will post results weekly.
    so far so good

  14. what are the chances of being hit with a margin call when using a forex trading robot?

  15. Hi admin

    I have purchased forex steam EA, and Iam using activetrades broker, do you recommend it?
    activetrades account that I have is not an ECN, so shall I keep the ECN tab FALSE in the setting, or leave it as TRUE ?
    and do you recommed the light version or the normal one please?

    Thanks for your help .

  16. hi

    at the moment i’m trading at admiralmarkets, is ForexSteam compatible to that broker with MT4?

    and can anybody recommend a forex bot to me and maybe with their own history?

    best regards

  17. Started to trade using Forex Steam V9… Love it.. 6 winning trade with in 24 hour. keep up the good work. go go Forex Steam…

  18. Why do you recommend Forex Fury over Forex Steam? I’m trying to decide which would be better for me to purchase.

  19. Hello admin, can I use the FOREXFURY EA on HOTFOREX broker?

  20. Would like to start a $5,000 live account with my forex fury. I would like to know what leverage is right and proper 1:100 or 1:200

    Please advice.

  21. Hi Admin

    i will start with 200$ US deposit is the risk 20 % high enough to cause a damage ?

    Thank you

  22. Hi Admin!
    I want to know, how often that Forex Steam trade per day?

  23. Hi

    Could you recommend a forex robot scalper?

    Thanks

  24. Hi Admin

    Is it possilbe to achive 100% return per month with one or the other Robots?

  25. Great to see Forex Fury doing over 20% per month.

    It’s exactly what I’m looking for!

  26. Hello
    Which one is better? Do you have recent update for fury robot result. I mean the result show like forex steam which start from 2011/2012 until now.
    Do fury have statement like that?

  27. Does it work on tradersway broker, what broker do u recommend. And can u monitor your trades from your phone?

  28. Both Steam and Fury are doing very well for me since I purchased them 6 months ago.

    I hope that you add a third system to this list soon.

    If you are using anything that’s like Fury or Steam I want to know about it.

    Thanks in advance.

    • tyler, 6 month you are using , what is the average monthly return , example deposit usd 5000 in account to start ?

      thank .

  29. Hi

    Many thanks for your reviews. I visited both website, I will make my decision later

    Many thanks
    Ahmed

  30. witch would you recommend forex fury or forex steam?

  31. hi admin

    how is fx steam and fx fury perfomance now , is it still good ? thanks

  32. Hi Admin, when I’m using the same broker as you, irrespective of my location we should get the same trades isn’t it so?also using same settings.

  33. hi admin, i am interested in buying forex steam, so if this the best still or any thing new has come and what kind of investment it needs? and can we trust your word on these EA?

    thanks in advance.

    Zain

    • Hi Zain, good to hear from you. Steam is still performing very well. You can start with a small investment on a micro account, under $300. Yes, the EA has been in the market over 5 years now, and continues to produce winning trades.

  34. lester augustus browne

    can i make money here

  35. Do you recommend to buy forex fury for deposit 500$ strating ?

  36. can you tell me the minimum deposit for ea forex fury?

  37. Hi Admin,

    For gold license, it says 1 live account license. I can run one account with multiple timeframe?

  38. Lysander I Cuevas

    Haven’t had a trade all day but yesterday it worked. I’m trading on eur usd and xaud was today a day of big news?

  39. I have micro accounts with FXCM and Tallinex, and an MT4 ECN Pro account with Tradersway will either of these softwares work with these accounts, and if so which ones?

  40. Hi, may I know the minimum capital for Fury?

  41. Hi ! i want to purchase the fury and steam both , at the moment i have a MT4 account wit h spreadco and ICN both i am not sure about the spreads but will it work with the EA .

  42. Bought both Forex Steam and Forex Fury two months ago and my account is up from $1000 to $3000.

    Thanks so much for recommending these systems and please email me if you are working on anything new!

    • Sylvester Rolack II

      Hey, are using Forex Steam and Forex Fury together but on separate charts or are you using them on a totally seperate MT4 accounts?

  43. I am planning to purchase an EA, which one would you suggest me currently from fury and steam? What does your experience say, which is the best so far?

  44. Hi Admin, What is the risk that you set for Forex Steam?

  45. Admin, I’m new to this whole Fx thing. And I really feel like I’m late to the game with these comments. Should I be trading binary as a newbie or should I learn how to trade charts? I’ve only been seriously looking at the market for about a week. Though I’ve been thinking about for a couple of months. I’m just learning so what do I need to do. So far I think all I need is a broker with a platform, does the platform matter? And my computer? And the money to trade. My knowledge is really limited at this point but reading some of the comments here I’m inspired and excited to begin. Using this EA how long did it take to from your beginning deposit to the balance you show. This thread has some age on it now though, so I’m sure your balance is unbelievable at this point.

    • Hi Tony, good to hear from you. Yes, been around for a long time and still at it. Both are great options for you, Forex and Binary.

      You can start with whatever you prefer. Binary is more hands on.

      I’ve been trading for years now with Forex Steam. With Fury, not as long.

      Hope that helps you get started, I suggest you jump in and learn on the fly. Trade some on demo and enjoy the process.

  46. Forex steam and Forex fury have both done a magnificent job at helping me grow my accounts. I purchased both of these systems in early January and have taken my $1000 account and grown it to $4000 in the short period of time.

    I used some aggressive money management but I’ve always felt comfortable with the trading strategy of both the systems.

    I plan to use both steam and fury for the next few years and hope to continue seeing these excellent results.

  47. Dear admin,

    It seems like the discount coupon code is not working for me when i want to purchase Fury ea. Please advise. Thank you.

  48. does paxforex work well with fury?

  49. Is this works for Binary Options and for Europe as well?

  50. I love Forex Robot Nation!

    I am using both Steam and Fury, it’s going great.

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