Best Scalper Forex Robot Review
We are proud to announce we have found the best forex broker for scalping and that broker is TradeView Forex. It also comes with detailed instructions, full support, free updates and a money back guarantee which effectively will allow you to try out the Best Scalper Forex Robot risk free. We do not have any evidence that definitively proves that these are manipulated and until we do they will remain on this list. We have reviewed the results and will name the Pros and Cons of each robot.
I remember purchasing the my first forex ea which was Forex Auto Pilot. The idea of a robot trading for you while you sleep was amazing, I bought into it and of course lost all my money. The site is still up to my surprise , here it is: Well this of course is a debatable topic, however I am going to attempt to share my opinion in a way that will show you the correct way of going about it.
Before we can test what the best forex robot is we have to find the best conditions to test them on i. The broker you choose is so important that even if you have found the holy grail in an expert advisor it means absolutely nothing unless you trade with the correct broker. We have written an article on this previously: Best Forex Broker for Scalping So now we know which brokers we should use, this brings us to our next question: What is the best trading method for robots?
The answer here is quite simple: Scalping is the best way to trade forex, period. Now that is quite a statement and many of you may disagree off the bat, but hang on just one second. What we want is the following: Scalping is the only strategy where you can use a tiny stoploss, huge volume and virtually unlimited up side. So by this logic, we are saying that the best forex robot currently has to be a scalper. So we are looking at scalpers. This luckily dramatically reduces our options.
Lets reduce the list even further by adding another very important filter, verified results on a Live Account. Now this might be more difficult than you think, yes there are tools like Myfxbook and FXBlue but the reality is that brokers themselves can create fake accounts. Why would they do this? Well, if they can prove the best forex robot works with their trading conditions most traders will simply open an account with them.
This makes it virtually impossible to verify live results, so how do we make sure they are real? It is actually not that difficult, here are the steps you take:. If the results are the same as the vendors account pip for pip that means you can believe that the rest of the verified results are indeed correct. This does not mean you have to make a profit in 7 days, your account just needs to match that of the vendor.
By filtering we came up with the best 3 , you might think we are biased so we will let you test them yourselves. These are the 3 best forex robots on the retail market at the moment, do not take my word for it, test and compare them to make sure.
Forex Scalping is a method of trading the currency market which entails entering and exiting the market at short intervals and usually taking small amounts of profits in terms of points. Forex scalpers would most often only hold trades for a few seconds or minutes at a time before closing their trades. The forex market is especially suited to scalping due to the high level of leverage employed.
A trader is able to gain large amounts of profits for small movements in the currency market. Scalping is very exciting and can be a very low risk way of trading if done correctly. If you would like to test a scalping strategy please let us know. We would be happy to share our expertise. We have created a list of the top 10 best forex robots Our list was comprised through various factors including drawdown, minimum deposit requirements, risk management and obviously performance. All the robots in our list have myfxbook live accounts to verufy that they actually work in real market conditions.
We have reviewed the results and will name the Pros and Cons of each robot. It is very important to note that we did this research with the assumption that the accounts on Myfxbook are real and not manipulated, we do however have to mention that some brokers are known to manipulate results one of the brokers that came up a lot when doing our research was SynergyFX.
Two of the Robots here are on SynergyFX and they seem remarkably similar: We do not have any evidence that definitively proves that these are manipulated and until we do they will remain on this list.
It was important to take the following into account when trying to identify the best forex robots Obviously the cost of a forex robot is also key. The top 2 robots are very similar but the reason for FSR 3. We hope this information helps you and that you! We really believe these are the best forex robots So you are a little low on cash and cannot afford to buy a expensive scalping ea.
Unfortunately in life things that are free often more expensive. They are either not up to standard so nobody can sell them or they are a way to sell you something else. One way or another you will end paying. I will do this on the agreement that as soon as my robot has created the money that it costs you actually buy it. This is an awesome deal no matter from which angle you look at it.
What do you have to lose? Once this period is over we believe you will have enough faith to actually buy the robot. What will we do if you take the money and run? Well we cannot do anything but ban you from ever using our bot again.
Get your free scalping ea today! To start a successful scalping journey you first have to find the best forex broker for scalping. The success of scalping is highly sensitive to the trading conditions provided by the broker.
It is critical that you have low slippage, fast execution and low spreads. It is easy for brokers to give low spreads and then manipulate execution ann slippage as this is hidden from the view of most traders. So to make it easy we decided to do some tests and publish the results on our website.
We started with a large pool of metatrader 4 brokers and quickly eliminated the bulk because of extreme execution or slippage issues. We will not mention the losers here but we will have a look at the brokers who made it through to the top 5. The average slippage across our trades was 0. The Ping time 7ms. Remember these tests were all run on live accounts. So in our view they are the best forex broker for scalping.
GBE had excellent conditions as well but there were some spikes in slippage and execution which lead to lower scores overall. There was one trade that went horribly wrong with slippage of 9 pips which was a real pity as we performed well over all.
This technology provider can connect you to various brokers but the stand out is Dukascopy. We have always liked Dukascopy so it was great to test the bridge. All in all however a good experience with FTT. They are a great option for traders with limited funds to start. IC Markets have great spreads and their comms are reasonable considering the low entry point. They are more expensive on comms than the other brokers ahead of them but a very good outfit which you can use to profit from with scalping strategies.
FXCM has been known as the best broker for scalping over a number of years. If you have the capital and you are looking for a stable very reliable broker then look no further.
A broker that has stood the test of time and is listed on the NYSE. Very good broker, they are very big and focus on the bigger hitters rather than normal retail clients. Our test only ran 30 days but because of the number of trades we were able to execute we believe it was long enough. It is important to note this test is relevant to all forms of trading not just scalping as you could save a fortune from spread, commissions and execution delays if you trade with the best trading conditions available.
We are proud to announce we have found the best forex broker for scalping and that broker is TradeView Forex. So you are looking for the best forex scalping robots in We had a look at various factors including affordability, durability, performance, pairs traded and risk.
Here is a list of our favourites:. Remote Installation for new traders. The Forex Scalping Robot v3. The other robots also faired well but not as well as FSR 3. High Profit Factor Poor when slippage is added. It is extremely effective and profitable under the right trading conditions. When conditions change however so does the performance. You need a professional ECN Account for this robot to work properly. If you have all this it is a great bot to go for. Everex is a great scalping robot.
We are surprised they do not have live trading data as we have had great results on a live account. We are also surprised with the limited lot size, you have to pay more to trade more lots. All round very stable good forex scalping robot. We hope you have enjoyed our comparison between these 3 forex robots. If you have the money we recommend you buy all 3. If you only have enough money for one we recommend buying FSR 3. So we claim to have the best forex scalping ea , many people claim many things, why should you believe us?
Well quite plainly we actually did a lot of research and testing before even coming up with the philosophy of our scalping bot. Here is a list of the tests we performed:. MT4 Broker with the best trading conditions for scalping.
Best times for scalping. Best Entry points for Scalping 4. Best trailing stop configuration. Best combination of Trading Pairs 7. The desired outcome for this test was to identify the MT4 retail broker with the best conditions for automated scalping on a live account. We tested a total of 20 MT4 brokers in this test.
The areas we tested were execution time, latency, slippage and of course spread. We tested these factors in low and high volatility and at random market times over all majors. We immediately eliminated 16 of these brokers due to slippage which averaged over 1 pip per trade. On the remaining brokers we ran a high frequency EA over 30 days to gather further slippage and execution data.
We crunched all the figures and one broker came out tops. We found that TradeView Forex was the best all-round option for scalping. The only issue that some people did have was their regulation which is in the Seychelles.
From our tests however they out-performed all other brokers. This was on their Innovative Liquidity Connector Account. In order to create the best forex scalping EA we had to come up with the best execution time. There are a number of factors which affect execution i. These are all connected to time. At certain times of the day there is more liquidity which increases execution speed. Execution speed is essential for success in scalping. We used the data from our brokers test to see if there were certain optimal times and days for scalping.
What we found was very significant. For this test we used a variety of known entry strategies for scalping including different crossovers, market cycles, Fibonacci Retracements, Volatility Indicators etc. The Entries with the most success however proved to be old reliable Support and Resistance levels. Contrary to the belief most people have these areas act as a instigator for volatility and often spikes occur at these levels.
This makes it a perfect entry strategy for scalping. As this is our secret sauce we will not reveal the specifics but the general philosophy behind our trailing stop and essentially our exit strategy.
We are strong believers of low risk, both in business and in trading. If you can limit your downside risk and have infinite upside exposure you are in a great place. Our initial stoploss is set at 2 pips which allows us to use high volumes when trading. These two strategies are highly customizable in Aeron EA. Aeron EA is especially designed for maximum and steady profit from forex market and ofcourse with minimum risk.
This EA sets Takeprofit and Stop loss with every position. Equity risk management is present in this EA, so you can decide the equity percentage you want to put on risk. This EA is capable to make profit from stable market as well as from volatile market. Requirements for Aeron EA: Dynamic Pro Scalper support 9 nine currency pairs.
With Dynamic Pro Scalper you can increase your trading income. The robot has a unique and high-efficient trading strategy.
Dynamic Pro Scalper is a forex robot which has dynamic volatility entry and exit levels. Our first and most significant recommendation for our customers is to trade with reasonable risk. Such risk is considered any which will not harm your account balance significantly when a large loss occurs. Depending on the type of the robot and supported currency pairs, our recommendations are different. The second recommendation is for the minimum account balance. Third recommendation - always test the robot on a demo before you switch to real-money trading.
We provide a limitless period for testing on a demo - take advantage of this! If you like the results after this, you may consider using the robot on a real account also.