Best Forex EA 2021
Top 3 Forex Robots, Expert Advisors
Does greed and fear affecting your trading results during a critical time? Are you frustrated of spending many hours in front of the computer analysing market and learning trading? All these shortcomings of manual Forex trading can easily be resolved by using Forex EAs (Expert Advisors). Check here our in-depth review of the top 3 best Forex EA 2021.
NO. 2 ROBOT
Performance
V. Good
95
Support
Good
AA
Reputation
V. Good
★★★★★
No. 2 Forex EA
10x proven trading strategies for the price of one.
Activate EA on 5 live and unlimited demo accounts.
EA combines the concepts of trend/grid/hedge/semi-martingale according to risk low/middle/high/ combi EA files.
A friendly and professional Live Chat Support (24/5).
Min. amount required to trade with this EA is just 40 USD on a Cent account.
Verified results at myfxbook and fxstats.com
Low drawdown on most of the EAs.
NO. 1 ROBOT
98
Performance
V. Good
98
Support
V. Good
AAA
Reputation
V. Good
★★★★★
No. 1 Forex EA in 2021
EA strategy uses a newly developed innovative technology involving “virtual trades”, that brings precision entry points.
12 unique trading strategies that you can plug and play by just a click of the mouse.
Full Access to their private forum with 100s of custom set files.
Min. amount required to trade with this EA is just $10 on a Nano account.
EA is compatible with NFA regulated Brokers, FIFO & MT4 Build 600+.
EA opens 8 to 14 trades per week.
Verified trading results with myfxbook.
4.2 rating out of 5 at ForexPeaceArmy.
NO. 3 ROBOT
Performance
Good
92
Support
Good
AA
Reputation
V. Good
★★★★★
No. 3 Forex EA
New version-29 of this EA is released on Jan-2021. And its impressive!
EA has a built-in dynamic close feature so a trade can often be closed before the stop loss or take profit is reached.
Min. amount required to trade with this EA is just $50.
EA is compatible with US, Non-US and Islamic friendly brokers and auto adjust to work on 4 and 5-digit brokers.
Depending on market conditions this EA opens approx. 500 trades per year.
Verified trading results with myfxbook.
No Hedging, Martingale, Grids or Arbitrage strategy.
Best Forex EA Robot for 100% Automated Trading
- Ehren Alscher
- ⏱ 14 min read
Manual Forex trading is a full-time job, and need a lot of patience and knowledge. Most importantly, psychological factors like greed and fear plays a vital role in success or failure of a trader in manual trading.
Also, 90% of Manual Forex traders used to make unhealthy call during critical time, which negatively affect their accounts.
However, in today’s computing (AI) era, such shortcomings of Manual trading can easily be resolved by using fully automated Forex trading algorithmic programs called Forex EAs or trading Robots.
To read more, follow the links provided below:
Table of Contents
What is a Forex Robot or Forex EA (Expert Advisor)?
Manual Forex trading is a full-time job, and need a lot of patience and knowledge. Most importantly, psychological factors like greed and fear plays a vital role in success or failure of a trader in manual trading.
Also, 90% of Manual Forex traders used to make unhealthy call during critical time, which negatively affect their accounts.
However, in today’s computing (AI) era, such shortcomings of Manual trading can easily be resolved by using fully Automated Forex trading systems.
Automated trading systems, also known as Forex Robot or Forex EA or Expert Advisor are trading softwares, that uses Algorithmic programs and Mathematical formulas to make lightning fast financial decisions and transactions, that are impossible for human traders. These trading softwares are developed in MQL4 language.
In short, the best Forex EA 2021 trades 100% Automatically, 24*5, without any human intervention and without any rest.
Research shows that traders who use a combination of Robot & Manual trading, realize 125% higher success than those using Manual trading exclusively.
Pros of EA Robot trading
1. 100% Automated — No learning, no experience required. Forex Robots are 100% programmed to carry out real trading without any human intervention and delivers the best result.
2. Trades 24/5 — You can sleep without worrying about market movements. Forex Robot trades 24X5 without food and sleep.
3. No Profit Sharing — The interesting fact is that, unlike fund manager or investment companies, you don’t share your profit with a Robot.
4. React Quickly — You can’t match speed of a computer but Robot can. It’s coded to execute several trades faster than a blink of eye.
5. No Emotions, No Mistakes — The best Forex Robot 2021 is free from negative human emotions such as Ego, Greed & Fear, and make outstanding decisions based on pre-tested strategy and algorithm.
6. Stress Free Trading — Robot lift off enormous trading stress from your shoulder and allows you to earn at comfort of home, work or vacation.
Cons of EA Robot trading?
1. Mechanical Failures — Robot trades 24*5, and it requires uninterrupted internet connection for 24*5 to execute all the trades it programmed to take. But, the good news is that plenty of VPS (Virtual Private Server) providers guarantees 99.9% up-time. Check here fastest Forex VPS for Auto traders.
2. Vulnerable to High Volatility — In 2021, most Robots works best on trending market, however they are vulnerable to sudden reading and deciphering extreme fundamental data, like economic and political events.
How to start 100% automated Forex trading?
1. MT4 Installation — Firstly open a trading account with the best ECN STP Forex broker and install MT4 platform at your computer or at VPS (Virtual Private Server).
2. Robot/EA Installation — Secondly, purchase the best Forex EA 2021 or the best Forex Robot license and download EA from vendor’s website and install it on MT4 platform. They will also give you a manual on how to install an EA on MT4 or you can also check our detailed instruction in last section.
3. EA Activation — Lastly, you need to activate the best Forex EA for Autotrading. EA vendor will provide you an activation code which you need to enter in MT4 platform. Upon completion of EA activation, it will trade on its own without any human intervention.
9 Proven Tips to Enhance Performance of a Forex EA/Robot
If you think you’ll start earning profit the next day just by finding the best Forex Robot 2021 or the best Forex EA 2021, then hold your horses!!!
Our team of experts has years of experience in Forex trading and they have done extensive research on Forex EA Robot trading. And, finally our experts came up with these 9 tips that will help you to improve performance of a Forex trading EA Robot in 2021 —
1. Best trading conditions and Execution quality
If the spread of your Broker gets unreasonably widened during news hours or during market open and close hours, then even the best Forex EA will not be able to make profit in such an adverse trading environment.
To clarify, to get the best result from the best Forex EA 2021, you must need a true ECN STP Forex Broker 2021 on your side offering spread < 0.5 Pips, order execution time < 500 milliseconds, Slippage < 15 Pips and No requotes.
2. Best VPS (Virtual Private Server)
Check VPS latency, it should not exceed 20 milliseconds.
And, without VPS don’t even think about trading with a Robot. In short, Robot trading without a VPS is the same as shooting your foot.
As Robot trades 24*5, it requires 24*5 uninterrupted power supply, internet connection and low latency, which can only be provided by a VPS.
Not only does it increase the likelihood of profit-making opportunities, but also helps to save huge losses. And, you can subscribe to a good VPS for $25 to $40 monthly fee.
3. Daily Check VPS
Certainly, VPS providers give 99.9% uptime, but check your VPS on a daily basis to be on a safer side. In addition, check whether MT4 is working properly, and also check whether Robot is enabled on selected currency charts.
4. Track Major News
Daily follow the Economic Calendar for high, medium and low impact news. Also, follow EA vendor’s instructions about EA trading during news hours.
For instance, some Robot EA programmers instruct their Robot / EA to be disabled one hour before major news hours and to reactivate them one hour after major news.
5. Read EA manual
Each and every word in an EA manual is important. As a result, don’t be a lazy when it comes to reading EA manuals.
In their manuals, EA developers occasionally describe a few secret EA settings that can be game changers.
6. Demo tracking
Activate the best Forex EA on both your demo and live trading accounts.
Furthermore, if you start to notice losses on a continuous basis for 3–4 days, disable your EA in LIVE account but continue to track it in DEMO account.
After that, once you notice that Robot has resumed profit on the demo account, reactivate it in the Live Account.
7. Limit number of Robots
Do not cloud your MT4 platform with multiple Robots that won’t help you improve your trading outcomes.
Indeed, the recommended practice is to use only one Robot on a single MT4 platform, and only on five to six charts.
8. Check version of Robot
You’ve probably seen that the Forex Market trend changes every 4 to 6 months. EA programmers fine-tune their Robots based on changing market conditions, to ensure consistent outcomes throughout the year.
As a result, make sure you’re using the most recent version of the best Forex EA 2021 during trading.
9. Pirated Copy of EA Robot
Do not trade with pirated copy of any popular Forex Robot or Expert Advisors.
To clarify, scam programmers usually crack original Robot code and sell it at lower price.
However, such pirated copies of Robots are several years old, and they are not updated and fine-tuned according to current market conditions.
★ ★ ★
Best Forex trading EA Robots 2021
Your search for the best Forex EA Robot in 2021 has come to an end! Check out our in-depth review of the top 3 Forex EAs (expert advisors).
1. Forex Flex EA (12 proven strategies).
2. Happy Forex EA (Reinsurance position strategy).
3. Forex Robotron EA (500 trades per year).
1. Forex Flex EA Review — Top rated Forex EA 2021
Pros
- Traders get 12 selectable strategies and 100’s of custom set files.
- EA evolved since 2012 to 2021.
- Execute 4 to 8 trades per week.
- Verified trading results with myfxbook.
- 4.2 rating out of 5 at Forex Peace Army.
- EA is NFA and FIFO compatible.
- MT4 and MT5 version of EA is available.
- Works on any MT4 or MT5 Forex Broker.
- Trades all currency pairs.
- Avoids Major News.
- Unfiltered community forum for traders to share, discuss, brainstorm and help each other.
Cons
- The purchasing price for the base product is quite steep.
- No Live Chat Support. But, fast email response 24/7.
Forex Flex EA is one of the best Forex trading robots on the market since 2012 to 2021. Works well on (GBPUSD, USDJPY, USDCAD, USDCHF, EURUSD, AUDUSD, EURJPY, EURCHF, EURGBP, NZDUSD) but can be traded on nearly any chart.
With new versions and updates being released frequently and an automatic update system, it is a very attractive Forex robot available in 2021.
They use innovative technologies involving “virtual trades” and offer many interesting features that other Forex robots don’t provide and keep it optimized to today’s world.
A constant new influx of different strategies for this program makes it more difficult for competitors to keep up with them.
Forex Flex EA Trading Strategy
Basically, Forex Flex EA uses a newly developed innovative technology that involves “Virtual trades”. Which means, EA will open trades virtually in the background, and uses this virtual trade to monitor the market trends. Such monitoring helps EA to determine the perfect entry and exit points for the real trades.
Having the perfect strategy which fits your market is extremely crucial, and every user always experiments a bit with different strategies before finding the perfect one for their trades.
Luckily Flex EA offers 12 different strategies for you, 3 of them are recently added in 2020, so you’ll find the perfect one. To name a few: Big default, Half Grid, TrendSurfer, Custom TDI, ADR Dynamic, Stochastic Grid, high risk and many more.
With Forex Flex EA traders can also design their own strategy or change an existing strategy with the 90+ settings to tweak and modify.
The EA community/forum also advises several strategies for certain markets, making it easier to mix and match.
This often happens when a customer has a very specific requirement and not often trade market, and needs something different to support it. Luckily Flex EA is the only EA that offers this.
It is highly important to choose the correct strategy, so definitely go to the community forum to get some tips and inspiration about modifying your robot to make sure you reap the biggest benefits.
Forex Flex EA has evolved successful over the year by keeping its strategies more open, so that, traders can share their own custom set files on the forum and testing new ideas and strategies.
Why is Forex Flex EA a Top-Rated Expert Advisor?
Considering that there are many other Forex trading robots on the internet available for purchase, Flex EA must have some very consistent and interesting offers and strategies to be captivating.
Every Forex robot has some good points about it that make the robot stand out, but also some bad points which could lead to users quitting the robot or possible users not being attracted to it.
Flex EA also has some positives and negatives regarding their entire robot and company, and we will give you a roundup of those aspects, which have been mentioned in this review with some new things.
1. Precise Entry points —
EA uses new market monitoring virtual trade technology, which provides precise entry points that no indicator can match with. The default settings open up 6 virtual trades in the background per currency pair to monitor the market and based on that it precisely calculates entry points.
2. Proven Strategies —
Traders will get 12 proven strategies and 100’s of custom set files. Also, a constant influx of new and automatically updated strategies will provide Forex Flex robot with new ways of making success for Forex traders.
These new strategies are always tested to the maximum and only added when the developers are 100% confident of them, and if they accommodate the market.
3. Verified Results —
Just a handful of EA developers dare to show verified trading results of their live accounts via reputed third-party forums such as myfxbook and fxblue, Forex Flex EA is one of them. Their homepage displays 15 separate trading accounts verified by myfxbook. For trader’s self-assessment, these myfxbook verified accounts are just a click away.
4. High Client Rating —
This EA is rated 4.2 out of 5 in the Forex Peace Army and one of the Top-rated EA globally with such high rating at FPA. Good reviews are written by experienced clients meaning that it is a legit Forex robot.
5. Professional Customer Support —
Besides this, they offer a customer support service like nowhere else. This is because when you contact somebody, you’ll be talking to an actual developer of the program (Steve) and not to a hired representative who doesn’t know all the details about it.
Steve reads and responds to every single request and has been working on the program for more than 8 years and helped build the robot.
Steve knows every detail of this robot and can provide all details to you and help you with even the smallest problem that you are having.
Many of the current features were once ideas from customers. This proves how much Flex EA cares about their customers feedback and complaints.
6. Community and Forum for EA users —
Behind this amazing robot is a fantastic community or forum providing information and amazing tips and are ready to help beginners with occurring problems. This community platform is completely unfiltered and has provided Forex Flex EA with many opportunities to improve their program.
Forum members share their own custom set files on the forum and testing new ideas and strategies. Many amazing ideas have been sprouted out of this forum, which is now featured with the robot.
Also, in their active VIP forum you’ll find amazing combinations of strategies to tweak with this Robot.
The forum is a spot where everyone can share, discuss, brainstorm, and help each other. This is an extraordinary option since other EA vendors don’t offer this.
Flex EA has the confidence to provide such community platform/forum because they trust in their best Forex EA 2021.
7. Automatic EA updates —
Forex Flex EA optimizes their robot by featuring an automatic update system. This enables you to be certain that Forex Flex EA is always up to date with the latest, best-operating settings for the current market conditions.
8. Simplicity and Flexibility —
Simplicity and flexibility are quite possibly the most important aspects for users of the best Forex EA 2021. Luckily Forex Flex EA has made it extremely simple to use. They offer a plug and play method when you take it out of the box.
You just have to attach a chart to it, select the strategy you want from the drop-down menu, and apply it. Click, OK, and you are set.
In the setup guide, there are a few pairs that they highly recommend and also ones to avoid.
Tweaking strategies can take a lot of time because of the hundreds of settings. Luckily, Flex EA offers optimized set files. They take the strategies a step further and tweak them to fit your bot the best.
These set files are highly optimized by the team but also by the community. This community has also helped many starting Forex robot users and shared multiple tips.
Next to simplicity is flexibility as being extremely important with a Forex robot. It is a fast robot to set up, and all three memberships include 12 different setting configurations that offer 12 unique strategies.
9. Long Serving —
This EA has been fulfilling the requirements of Forex traders for a long time, from 2012 to 2021.
10. Money Back Guarantee —
You’re able to request a full refund up to 30 days if you don’t like the performance of this EA.
11. Minimum starting balance —
To start trading with this EA, traders need only $10 on a Nano account, $100 on a micro/cent account and $100 on a standard account.
12. Trading Frequency —
If you run 5 charts on default strategy, then expect 4 to 8 trades a week. If 10 charts are running then expect 8 to 16 trades a week.
Key unique Features of Flex EA
Forex Flex EA offers tons of different features. All these features make it easier for traders to consider this EA to enhance their trading results.
1. News Filter —
One of their most significant features is News Filter, which avoids any major news event. Traders can either turn it off or avoid major news for as many minutes/hours before/after as you want. News filter is quite configurable.
2. Equity Trailing TP —
It’s one of the core proven methods of Flex EA, which doesn’t require a physical TP on each trade.
Instead, it follows all trades from each pair in a “basket,” and when one basket reaches a pre-defined percentage, it will trigger this Equity Trail TP to start.
Locking in half the earnings and it will begin trailing it up with the potential of gaining a lot more than you would imagine while sustaining the safeguard of never losing once the TP is locked in.
3. Money Management —
This feature allows the user to automatically adjust lot sizes based on account balance, even as it grows.
4. Draw down Stop Loss —
Furthermore, this EA offers all kinds of smaller but impactful features such as the drawdown and stop-loss. It’s a failsafe. If your account hits a certain number, then it will automatically close all trades to maintain that percentage and not go any lower.
5. Session Filters —
Session filters can be added when you want to trade 24/5 or avoid particular regional sessions such as London, New York, or Asian sessions.
6. Hide from Broker —
Some Forex brokers intervene with the trades of their clients. Traders can use this feature if they want to trade anonymously without revealing their broker about their trades.
7. Currency Filters —
It will narrow your exposure to particular currencies. It is useful because it will limit that max number of USD pairs to be capable of trading simultaneously to two by default, but this can be adjusted to whatever you prefer.
8. Indicators —
Indicators such as TDI, Support & Resistance, EMA crosses, ADR, Stochastic, Bollinger Bands, RSi, Candle sizes, Momentum, and more, which can all be individually toggled on and off.
What the actual clients think about this Robot?
There are many positive reviews written by experienced clients on different sites. Often these reviews include detailed descriptions of what they like and why they like Forex Flex EA so much.
Scrolling through review sites shows that Forex Flex EA has received many 4- and 5-star reviews and consider it a best Forex EA 2021.
These reviews include praise for the fantastic customer support, the enormous range of strategies to choose from, and how good of a product Flex EA is.
This review mentions Steve, just like many other reviews. Steve is the in-house developer of Flex EA and is also part of the customer support; he is the person you talk to when you contact their support.
Steve is also the one who responds to negative reviews on sites. He aids people who posted a one-star review, explaining the possible problem and telling the customer that he either did everything he could or that the assessment is purely subjective and does not make much sense.
One customer has posted a two-star review, explaining his dissatisfaction with Flex EA. Steve has made a clear response to this, telling the user that they don’t offer certain packages, the site is updated to 2020 standards and gets continuous updates, there are guides on how to use the set files, and many more.
Steve always explains to the customer what has caused the problems and how he could help them work their issues out.
Luckily there are only a few one or two-star reviews out of the 76 total reviews proving that there are many more positive reviews and that Flex EA is actually a good product.
Final Thoughts on Forex Flex EA
In conclusion, after several years of operation, Forex Flex EA is one of the most challenging EA on the industry.
With wide range of proven strategies, regular automated upgrades, verified trading results, optimized settings, reliable money management, strong clients rating and an unfiltered community/forum, this is a stable Forex trading EA.
Forex Flex EA meets requirement of both beginner and experienced Forex trader. It is the best forex EA 2021 for many situations and different traders.
2. Happy Forex Review
Pros
- 10x proven EA strategies for the price of one.
- Verified results at myfxbook.
- Happy Forex EA developers promise a success rate of more than 70%.
- Low drawdown on most of the EAs.
- Can activate EA on 5 live and unlimited demo accounts.
- Use of reinsurance positions strategy without increasing lots.
- 24/7 friendly and professional live chat support.
- 30% discount offer.
- Free lifetime updates.
- 30 days money-back guarantee.
- This EA trades with any MT4 Forex broker with maximum 4 pips spread.
- EA is created by a smart community of developers.
Cons
- The purchasing price for the EA is a bit high but affordable after 30% discount.
- Real account change is possible only once.
Happy Forex EAs are extremely powerful and well-programmed FX expert advisors created by the professionals at the Happy Forex Group, meant for the MetaTrader4 platform. They are extremely easy to set-up, in just a few minutes.
They work with USDCAD, EURUSD, EURGBP, EURJPY, EURCHF, GBPUSD, AUDUSD, USDCHF and USDJPY currency pairs on 5 min to 1-hour timeframe.
Happy Forex provides 10 EAs for the price of one, such as Happy Gold, Happy Trend, Happy MartiGrid, Happy Frequency and others.
Happy Forex EAs are fully automatic and able to work from the market opening on Monday to the market closing on Friday, 24 hours a day.
Happy Forex works with any MT4 Forex broker around the globe with max. 4 pips spread, therefore offering an excellent opportunity for traders globally.
The robot is supported by an amazing customer service team ready to help customers at any given time. This customer service is provided to Happy Forex users through the live chat on their website, email, TeamViewer, and AnyDesk. Only a handful of EA developers offers such wide range of customer support platforms, especially Live Chat support.
Happy Forex is the best Forex EA 2021 or best Forex Robot 2021 for traders who want an excellent program with 100% market evaluation and implementation.
8 Secrets to the Success of Happy Forex
Traders will get 12 proven strategies and 100’s of custom set files. Also, a constant influx of new and automatically updated strategies will provide Forex Flex robot with new ways of making success for Forex traders.
These new strategies are always tested to the maximum and only added when the developers are 100% confident of them, and if they accommodate the market.
1. Uses Reinsurance position strategy without increasing lots
The first feature which Happy Forex presents to their clients is their use of reinsurance positions called a grid strategy.
However, unlike similar Forex robots, Happy Forex implements this grid strategy without an increase of lots. Therefore, it has no martingale.
The grid strategy is an automated method of trading which various Forex robots employ. For this, several buy and sell stop orders are placed at certain intervals above or below the market place.
First, the trader must establish whether a pair of currencies is engaged in a trend or limited to a trading range. Then, a starting point must be selected by the trader, and the number of grid levels and appropriate intervals must be chosen.
For this unique feature, Happy Forex offers the Happy MartiGrid.
This bundle makes use of the martingale/grid strategy with technical indicators, and it comes with a news filter. This news filter helps to detect possible news releases and avoid the possible spikes that the market might experience.
Apart from new filters, there are also other features such as minimum equity risk management, max loss risk management, the maximum spread filter, and many others that will be useful.
As this strategy is very intensive, Happy Forex uses 99.90% optimization in MT4 in order to achieve the best stability and success for their clients.
2. Uses tailored technical analysis indicator
Another unique feature Happy Forex offers their clients is the use of technical analysis indicator for safe market entry.
Every trader knows that indicators are a key factor in trading success, and with these Happy Forex indicators, their traders have the opportunity to enter the market safely and comfortably.
With their bundle Happy INDIcators PRO, Happy Forex offers an impressive tool that aids traders in planning and executing their trades at the optimal time.
The Happy Forex indicators suggest the future direction of a currency, which in return makes traders stable their results.
Furthermore, these indicators are responsible for the success of traders in the market and the longevity of their trades.
3. Highly rated at ForexPeaceArmy
Happy Forex is possibly one of the best Forex robots on the market in 2021. Many customers have written a positive review on either their website or the Forex Peace Army site, where they have a 3.8 rating out of 5.
Forex Peace Army has displayed some of the live accounts from Happy Forex with the help of investor access.
The FPA appreciates Happy Forex Sharing their EA performance on a LIVE account with Forex Peace Army trader’s community.
4. Live trading result verified by myfxbook and fxblue
Have you ever seen an EA trading result verified for 8 years at a third party website like myfxbook and fxblue ?
You will find 8 years of Happy MartiGrid EA trading history at myfxbook. In addition, you will find a gain of 250%, a drawdown of just 23%, and a withdrawal of $200,000.
Happy Forex mentions profit trades up to 87.62% on their website when using the Happy Breakout expert advisor, results are verified at fxstat.com website.
They even promise a more than 2076.7% profit for more than two years with Happy Frequency, and myfxbook.com fully verifies these results.
5. Acceptable Drawdown
To know how risky Happy Forex EA is, we first need to look at its maximum drawdown.
A drawdown of less than 25% is considered safe. However, if your investment amount is small and if your appetite for risk is higher than even a drawdown of 40% is considered acceptable.
Most of the Happy Forex EAs (except Happy Frequency) has low drawdowns. We found their drawdown between 3% and 30% as the maximum drawdown in various accounts.
6. Surprisingly Cheap EA
Happy Forex offers 2 packages for traders, the normal package and the premium package.
Normal package includes all 10 EAs, 2 real accounts, unlimited demo accounts, 24/7 premium support (Live Chat, email, TeamViewer/AnyDesk), free life time update, 30 days money back guarantee. In addition to that, traders get two bonuses, free Happy INDIcators PRO and Happy Gold MT5 Version.
And, a premium package includes 5 real accounts and all the same items as in the other package.
There are no further charges after you paid the €299 (after 30% discount, €209.30) for the normal package or the $499 (after 30% discount, €349.30) for the premium package.
You receive lifetime membership, updates for the product, and free support. Updates are done very regularly compared to other Forex robots and always provide a whole new array of functions to your best Forex EA 2021.
7. Minimum balance requirement
The minimum balance requirement in the MT4 or MT5 trading terminal to trade with Happy Forex is $1000. Traders who don’t have this amount could go for a cent account. With cent account, they can trade as little as $10.
8. Trading years and number of trades
The number of trading years and the number of closed trades must always be checked for any EA to be reviewed. These data help traders understand whether EA has long-term consistent trading outcomes or whether EA is recent without a trackable background.
If EA shows a verified third-party track record of its Live account for more than 1 year and more than 500 closed trades, then such EAs are more reliable than others without a track record.
All the third party verified accounts of the Happy Forex EA are between 2 and 7 years old and have closed trades from 700 to 15000. Considering that, we may argue that Happy Forex is the most consistent, reliable and accurate Forex EA on the Forex market.
Final Thoughts on Happy Forex EA
The Happy Forex robot is the best Forex robot you’ll need in 2021. It is obvious that Happy Forex is created by a smart community of developers who understand the Forex market.
The developers promise a more than 70% success rate when trading, and they also provide third party verified results. The fantastic features make Happy Forex stand out from the rest of the Forex robots.
The set-up manual is easy to understand and quick to install, with it only taking 5 minutes. Traders get a full package of 10 EAs for the price of one.
It is one of the best Forex EA 2021 for beginner and experienced Forex traders.
3. Forex Robotron Review
Pros
- Trade approx. 500 trades per year.
- Verified trading results with myfxbook.
- With real tick data and 99% modelling accuracy.
- Tested with real variable spreads and real slippage.
- Tested including trade commission of $7 per lot per round turn.
- Option for No trade open over weekend.
- No Hedging, Martingale, Grids or Arbitrage.
- Works well with US brokers, Non-US brokers and Islamic friendly brokers.
Cons
- No Live Chat Support. But, 24/5 professional email support is available!
- EA contains a lot of detailed settings, can be tiresome for beginner traders.
- No detailed information about trading strategy used in EA.
If you are a small investor and you don’t have the time, it will be difficult for you to make a good result consistently. However, a Forex trading robot is designed to take the trading decisions off the investor’s hands. But a Forex robot should be fast enough to make fast trading decisions. Furthermore, the right decisions are taken by probabilistic, and they work 24/7 so that nothing should be missed.
When searching for the best Forex robot 2021 that promises high success rate, you will find a lot on the market. However, time has shown that Forex Robotron EA has become a pioneer in the industry.
This review is perfectly suitable for people interested in algorithmic Forex trading, and especially in Forex Robotron.
If you want to know how useful Forex Robotron is, then you should consult meaningful reviews and trustworthy testimonials. Trading with such trading robots requires a lot of research work to find the right software that will execute your trades correctly.
Reading this review is, therefore, the right step.
About Forex Robotron EA
The Forex robot operates at the Meta Trader 4 platform. Also, Forex Robotron focuses on exactly four currency pairs on 5 minute time frame, which are among the largest on the market, and promise the lowest spreads with high liquidity. These are EURAUD, EURCAD, EURCHF, EURGBP, EURUSD.
The trading frequency is about 500 trades per year. The EA trades automatically without human expert assessments, which evaluate the current developments on the market and incorporate them into the robot.
There are four packs you can buy, from basic to premium. The packs differ mainly from the number of real licenses. The premium version contains an unlimited number of real licenses. The more real licenses you have, the more trades can be made. The price range is from $299 up to $999.
True Secrets to the success of Forex Robotron
1. Low Risk — A very notable feature of the Forex Robotron is to operate with minimal risk, including a stop-loss system. Statistics from the past had already proven the success rate, in many cases, up to 80% and even higher.
2. Impressive Results — Compared to other Forex robots, these results are considerably noticeable and could give the traders a great success depending on how much the traders allow the robot to spend.
3. Verified Results — On the Forex Robotron website, potential users can see the expected results for many trades. Robotron is open about their results and wants to show them off to the public, something other Forex robots don’t have on their site in such great detail.
4. Great Reviews — Reviews can always let a potential user know if a product is worth it or not. Many customers and websites who own Forex Robotron have written a review about this product, and they are generally quite positive.
In all reviews, the same positive aspects return, such as the full support, the lifetime updates, easy to set up, and the very impressive results that were received.
However, the same negative aspects were mentioned in all three reviews. These were the price and the fact that the trading results take time to give a good result.
Other customers have also reported the same positive and negative aspects of Forex Robotron. However, it is expected that these negative aspects will change later in the future.
Pros Forex Robotron
Like every product in the market, there are some good and bad points. The following points will give you an overview, but you will recognize that the points at the pros are more valuable than the cons.
1. Speed and Accuracy — A positive aspect of the Forex Robotron is the speed at which the trading strategies are implemented. While a trader first examines all the indicators, gathers information, and creates a trading strategy from it, the computer software quickly calculates the best possible trading variant along with the entered parameters, indicators, and data.
2. Massive number of trades — Forex Robotron is also successful when it comes to the number of completed trades. The robot works and calculates according to a specific trading routine and can thus implement a massive number of trades within a short time.
3. Product Diversity — With Forex Robotron trading software, traders can trade mostly all currencies pairs.
4. Low Price — An equivalent advantage of the Forex Robotron is the financial point of view. In terms of the success that a professional trader can achieve through the trading software, the purchase fees are low. Besides, no further costs occur when running the software for the whole lifetime.
5. Experienced Developers — The brand and community behind the robot are also important. They provide the newest tips for users and give information about upcoming trends. There is also a forum to get further insights, or you can share some questions.
6. Lifelong Updates — When you buy the Forex Robotron software, you will receive lifelong updates, as well as lifetime customer support.
Thus, this Forex robot trades like a professional trader. It is never tired, has no fear, and always pays attention. The robot exactly fulfils the conditions of the trading strategy prescribed in it. Therefore, deals are concluded at the most optimal price.
Cons Forex Robotron
1. Lots of settings — The trading software contains a lot of detailed settings, which can seem quite complicated and unfriendly for the beginner traders. Therefore, it is essential that the trader understands and follows the instructions provided with the software.
2. No Explanation — Beginners may feel too safe with the software. They do not provide information about all strategies.
Final Thoughts on Robotron EA
After setting up the Forex Robotron, it is recommended to observe the actions for a few days to be able to intervene if necessary. In addition, the trader can check at any time whether the strategy works and change it in case of failure. All in all, promoted Robotron is an effective tool to fulfil your trading goals.
Moreover, buyers should avoid any trading robots for free or at a low price as they cannot be a good quality EA like the Forex Robotron.
Forex Robotron one of the best Forex EA 2021 for beginner and experienced Forex traders.
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I wish you good luck in Forex trading!!
Ehren has worked for prominent Forex firms for more than ten years as a finance market analyst. He has an MBA in economics. He is highly motivated and passionate about Forex trading. Ehren has a thorough understanding of market analysis, Forex brokers, expert advisors, Forex Signals, Copy trading and online trading courses which he enjoys sharing with fellow Forex traders.
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