Forex Broker Rating
institutional forex broker

Forex advisors

For traders interested in automated forex trading, we would like to bring forward the Forex advisors rating. The advantage of automated trading lies in the fact that Forex advisors increase the chances of profit considerably. However, when choosing an advisor you should be very careful because a wrongly chosen system may entail huge losses. For the utmost efficiency of the advisor, you should scrutinize the functionality of the program before you start working with it. You should pay attention to such nuances as a user-friendly interface and adjusted parameters that will suit the strategies of a trader.

The rating below will help you choose the most suitable automated trading system. The rating includes the comments of the traders that have already worked with some Forex advisor. If you also have the experience of working with some system, please leave your comment.

Forex Adviser Rating

Logo Info For Against Vote Comments Statistics
1.

Wall Street Forex Robots

According to its developers, Wall Street Forex Robot is the smartest and most experienced Expert Adviser on Forex. Wall Street Forex Robot has automatic update and self-adapts to sensible Forex environment.

Wall Street Forex Robot trades and analyses market dynamics 24/5 with no time limits. The Expert Adviser opens positions at the lowest spread and the highest market liquidity.

Wall Street Forex Robot has been specifically developed by a team of professional traders for Forex trading.

Three reasons to use Wall Street Forex Robot:

  • Wall Street Forex Robot was developed by a team of professional traders with more than 30 years of complex experience in trading.

  • Wall Street Forex Robot is one of few time-proved Expert Advisers. The robot is based on low-risk scalping following short and medium-term trends.

  • Wall Street Forex Robot has proven its profitability over the years of Forex trading.

WallStreet Forex Robot is a software product which is 100% unbiased. It trades with EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, NZDUSD and AUDUSD. WallStreet Forex Robot has 15 minutes timeframes. The Expert Adviser requires MetaTrader 4 or MetaTrader 5 installed.

42% 58%
2.

Scalper Day

Expert Advisor Scalper Day – Your Expert in Forex World!

Intraday scalping is one of the most popular techniques of working on Forex.
The intraday scalping allows a trader to get profit from extremely short-term trades. In order to apply scalping strategy to Forex the trader needs experience in working with short-term timeframes and know all details of Forex market functioning. However, many scalpers, being under constant pressure, sometimes because of their inattention or a lack of information about the market, get lost and bare losses consequently.
Thus, to make your Forex scalping easier, we offer you an expert advisor “Scalper Day” for intraday scalping strategies. The EA “Scalper Day” is a trade robot, and robots, as it is assumed, do not make mistakes!
The short-term trades’ Expert Advisor “Scalper Day” is:

  • The analytical software that takes decisions for you and earns money every second.

  • The trading robot “Scalper Day” is adapted for MetaTrader 4.

  • Over 15 high-professional and experienced on Forex IT-specialists and traders were working to create “Scalper Day”.

  • “Scalper Day” is tested, it is absolutely harmless and effective.

  • The EA “Scalper Day” was designed for scalping strategy. Today “Scalper Day” advisor works with all currency pairs.

  • “Scalper Day” does not have work time limits.

“Scalper Day” has been making money for over 4 years!
The EA “Scalper Day” can be applied to 4 or 5 sign quoting rates. The minimal lot is 0.01.
Still using “Scalper Day” a trader has to keep to overall capital management rules, i.e. operate with up to 10% of deposit opening the position.

strong

43% 57%
3.

The Pardus expert advisor

The Pardus expert advisor The Pardus expert advisor is a mechanical trading system which was developed on the basis of time-proved and high-performance trading system. The usage of Pardus helps get high interest from the profit suffering the minimal drawdown. When developing the Pardus advisor the main aim was creating the most efficient instrument for long-term, profitable and low risk trading. The algorithm of the Pardus advisor includes some solutions that were used in the reliable 3WpU Advisor. There are the analysis of several technical indicators and the whole number of candlestick patterns analysis in the basis of the expert’s functioning. Moreover, the Pardus advisor uses a filter system that helps to avoid high-risk positions. There is also a function based on the market fundamental analysis, which helps Pardus to open positions only during such trading sessions when trading is the most efficient (including the market reaction on significant news). It helps Pardus to open positions having a high probability of making profit. Besides, working with the permanent lot the Pardus advisor uses an efficient Money Management mechanism, which helps to increase profit in the case of optimal risks. The Pardus advisor includes the closing bar control function; so, you enter the market at the opening price of the next time period if the trading signal remains. It eliminates the problem of discrepancy between the results of testing and real trading. The Pardus advisor’s peculiarity contains in two different programs that are used for opening and monitoring short and long positions. It means that there are two different algorithms for selling and buying. The reason for that is the market dynamics being different when the market grows and falls. Due to the system’s universality, the Pardus advisor helps to trade successfully with almost any major currency pair and cross-currency pair. Depending on a trader’s decision, the expert advisor can operate in any trading conditions set by different brokers: Market Execution, Instant Execution – the data format having 4 and 5 digits after the comma.

31% 69%
4.

Million Dollar Pips

Million Dollar Pips General Properties Currency Pair: EUR/USD Timeframe: M1 Trading platform: MetaTrader 4 Work time: 24 hours Work with decimal point figure: 5 Forex advisor Million Dollar Pips is in action around the clock, however, trades are opened in very short time periods. Million Dollar Pips advisor opens a few orders and closes sharply fixing a small number of points. One of Million Dollar Pips advantage is that the Advisor sets Stop-loss and Take-profit levels during a high market dynamics. With Million Dollar Pips advisor it is recommended to trade with EUR/USD pair. Worth paying attention that testing of this advisor strategy is carried out only by M1 ticks of EUR/USD pair. There is an opinion that similar Forex-Advisors bring profit only in MetaTrader4, as ticks are synthesized inside of M1 bar in MT. In such a way, before the bar is shaped the tester looks forward, aside from that, on a real account ticks are rectilinear between extreme bar points and they never move as in MT tester. By Forex traders responses this advisor performance in the demo monitoring is quite tempting. But a disadvantage of this advisor is that on a live account huge drawdowns are possible. The thing is that Million Dollar Pips Forex advisor opens and closes a great number of trades for a few seconds that may impact the live trading account negatively while trading.
46% 54%
5.

Megadroid Advisor

Megadroid Advisor We bring to your notice an Expert Advisor for automatic trading on Forex market - Megadroid. Description: Megadroid advisor implements automatic trading on Forex when market is calm and there are no aggressive springs of price in it. Megadroid Advisor developers recommend using the expert only at trading with EUR/USD currency pair, as with other currency pairs the advisor works extremely unstable. The most favorable time for applying Megadroid is night. The best time interval for operating with Megadroid Advisor is from 21:00 to 1:00 GTM. The advisor already has GTM-detector which allowed to make time setting easier, being the very core of Expert’s performance. Stop Loss pending orders are set automatically within 31 up to 153 points depending on a trade size. Take Profit order is set at much lower values than Stop Loss - from 3 to 11 points. Despite that Megadroid Advisor carries out not so many trades, it is proved that 95% of executed trades turn out to be profit-making. Due to that Megadroid Advisor opens trades not every night, the Expert has quite selective approach to opening, so it demonstrates 95% accuracy.

35% 65%
6.

Forex Morning Trade

Forex Morning Trade Main parameters Release date: 2010 Version: 4.1 Digit capacity: 32bit + 64bit Interface language: English Currency pair: GBP/USD Timeframe: M15 To open trade it is necessary to analyze the platform charts and to make a decision, nevertheless, one can just use the rules of the expert advisor “Forex Morning Trade”. In case the conditions coincide, set the lot, and the EA will do everything for you. The trade will be carried out automatically by precise algorithm. The Forex EA “Forex Morning Trade” is based on the principle of “London open”. The session in London opens at 8.00 a.m., thus your EA “Forex Morning Trade” starts its work at the same time. The trade system “Forex Morning Trade” is extremely profitable. “If you are dreaming of opening just a few trades, having got up, and resting thereafter “Forex Morning Trade” advisor is for you”, the developers of the system comment.

44% 56%
7.

Forex Growth Bot

Forex Growth Bot Trading platform: MetaTrader Currency pair: EURUSD Timeframe: М15 Trading time: 24 hours (VPS server is recommended) Digits: 4 and 5 Growth Bot is a Forex Expert Adviser designed for trading with EURUSD. Growth Bot may also trade with other currency pairs; however, no tests with other financial instruments were carried out. Please note that Forex Growth Bot has to constantly monitor open positions. In case of any disruption of connection with a trading server, the Forex Adviser may lose control on open positions. Therefore, the developers strongly recommend using VPS server to ensure continuous work. Although the Expert Adviser trades 24 hours, in executes an average of 3–10 orders a week. Recommended parameters:

  • Deposit 250$ – 0.01 lot

  • Deposit 500$ – 0.03 lot

  • Deposit 1000$ and above – 0.05 lot

  • Deposit 2000$ and above – 0.1 lot

Forex Growth Bot is based on a Wave Stop which means that a Stop level constantly changes. Given there is a movement towards an open position, the Expert Adviser opens additional positions following a trend and raising potential profits.

Until the Forex Adviser closes open positions, do not change either a timeframe or parameters, or restart the terminal.
There are 3 versions of Growth Bot:

  1. Basic

  2. Advanced (with extra parameters)

  3. Power (maximum parameters and a robot’s MQL code)

Forex Growth Bot uses the same algorithm in all versions.

37% 63%
8.

FapTurbo

FapTurbo FapTurbo is one of the most popular Expert Advisers using night scalping. FapTurbo is based on iRSI indicators with different periods and the МА indicator. In addition to Forex indicators, FapTurbo Expert Adviser uses opening time filters, volatility filters, and trend and noise filters. FapTurbo principally trades with 4 and 5 digits. EURUSD currency pair and the M15 timeframe are recommended. FabTurbo developers also recommend trading with GBPUSD, EURCHF, USDCAD, USDCHF and GBPCHF. FapTurbo combines two trading strategies: short-term scalping and long-term advanced FAP strategy. A trader may select a desired strategy by adjusting parameters. FapTurbo scalping is a unique strategy which executes 1–5 trades a day with profits of 6–10 points. The Expert Adviser trades at Greenwich night time, when the market is stable and predictable. Scalping is a reliable strategy as it uses an advanced Stop Loss technique monitoring and closing trades before they have reached the Stop Loss level. FapTurbo scalping trades with EURGPB, EURCHF, GBPCHF and USDCAD currency pairs on the М15 timeframe. FapTurbo Expert Adviser chooses the most promising trend, examines it with internal indicators and opens trades to fix at maximum profits. FapTurbo (FAP is for ForexAutoPilot) was developed by a team of professional programmers and Forex traders with a great experience in Forex trading.

42% 58%
9.

Euro Smarter

Euro Smarter Euro Smarter Expert Adviser is based on a crab pattern and a grid strategy. It uses a time analyses based Stop Loss. Euro Smarter trades 24 hours with most trades opened during the London session where volatility is high enough and crab patterns have been well formed. It trades EURUSD, a currency with well established patterns. Since this is the most traded currency, patterns can be easily spotted. The robot trader works with 5 digits brokers and with any account size. Moreover, it has an evident advantage: the Expert Adviser successfully passed tests from 1999 to 2011 and has proved its efficiency and profitability on Forex. Euro Smarter is a bug free robot, it properly handles connection losses and spread changes. If you want to earn on Forex, you need Euro Smarter. You do not have to spend hours in front of your computer or learn math and things like pivot points, harmonic patterns, Fibonacci numbers, Japanese candlesticks, etc. All this knowledge has been already incorporated in Euro Smarter, one of the best Forex Expert Advisers. Euro Smarter is a 100% hands free trading system.

46% 54%
10.

EA Gold Shark ver.5

EA Gold Shark ver. 5 Specifications: Trading platform: MetaTrader 4 Currency pairs: EUR/USD recommended Time frame: M5, М15, М30, Н1 (М15, М30 recommended) Work time: 24 hours EA Gold Shark ver. 5 is a unique Expert Adviser and one of the latest and best products developed by the Finance Plus team for Forex traders. EA Gold Shark ver. 5 is based on a unique algorithm of indicators to provide maximum profits.

  • 3 unconventional indicators;

  • Parallel trading with several currency pairs (multicurrency trading);

  • Protection from false signals;

  • Locking and averaging of unfavorable positions to offset losses;

  • Trailing orders;

  • Inverse trading;

  • Stable trading even on highly volatile market.

EA Gold Shark ver. 5 may be used both in normal conditions and at high risks.
Having properly adjusted it, any trader, even inexperienced one, may use EA Gold Shark ver. 5 to raise his capital.

43% 57%
Read Comments Here

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YOUR COMMENTS WILL BE PUBLISHED SOON.

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Gambos|2013-10-10|wall-street-forex-robot
| 0
Good that I don't have to trade manually, everything is automatic. It runs smooth and flawless. Double profits in just a month.
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Tent Mpre|2013-10-10|scalper-day
| 1
Avoid. This EA doesn't work normally. It will crash and won't perform the way I should. Lost a big amount of money using this useless robot.
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Paps|2013-10-10|the-pardus-expert-advisor
| 0
It trades very infrequent and so it has not even made a dent in towards recovering the costs. Seems bogus.
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Broas|2013-10-10|million-dollar-pips
| 0
made no changes to default. So far I have 50 losing trades and 12 winners. My losses far exceed my winning. I guess I will go back to manual trading.
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Ram|2013-10-10|forex-morning-trade
| 0
Complete garbage! Do not waste your money and do not believe the hype. Believe on your own skill instead of trying this sucky EA.
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Forex Quotes
Symbol Bid Ask
EUR/USD 9.8765 9.8765
GBP/USD 9.8765 9.8765
USD/JPY 9.8765 9.8765
USD/CHF 9.8765 9.8765
USD/CAD 9.8765 9.8765
EUR/JPY 9.8765 9.8765
EUR/CHF 9.8765 9.8765
GBP/JPY 9.8765 9.8765
GBP/CHF 9.8765 9.8765
GOLD 9.8765 9.8765
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InstaForex InstaForex
Special Offers

40% welcome bonus on each deposit
Deposit starts from $1
34 CFDshoder

Leverage from 1:1 to 1:1000
EU-regulated broker
Deposit starts from $1

Bonus 55% for every deposit|
Leverage 1:1000 | Prize fund 500 000 USD