The Best Forex Trading Robots: Do Forex Robots Work? ? Understanding Forex Robots: Pros And Cons
July 2021 was a huge month in forex trading. Piles of quality trades were just ripe for the taking. But don’t forget: August is typically one of the biggest trading months of the year. The last few days have had some of the best forex robot action we’ve seen in a while. But without a forex bot you’re missing out on some easy pips. Let’s look at the top three automated robots actually making money right now.
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Best forex robot overall: Odin Forex Robot
Odin has quickly become the best forex ea of 2021. It’s the top choice for professionals right now due to its solid grid trading strategy and powerful features. It comes optimized for over 22 different currency pairs. Most of all its tight stop loss and take profit levels keep your account safe. As a result it found over $154,944 in forex trades during July.
The Odin Forex Robot plots price in real time to find the best entry and exit points automatically.
Odin also uses the brand new Broker Shield™ technology to hide your forex terminal info from brokers. So forex brokers can’t see your trading levels or what software you’re using. This prevents broker stop hunts when using Odin’s powerful candlestick trailing stop. Watch its latest forex trades here.
Odin’s equity curve has minimal drawdown thanks to its tight stops.
Using Odin is simple and straightforward. It runs inside the MetaTrader 4 forex terminal. Most forex brokers offer free demo accounts you can sign up for instantly. With MetaTrader 4 installed you simply drop Odin into place and attach it to a forex chart. After that everything is fully automatic. We highly recommend Odin to all forex traders regardless of skill level.
Biggest forex trades: Vader Forex Robot
Vader is a proven EA with years of live account experience. Advanced new features and a solid Fibonacci strategy make it a reliable choice for all users. It runs the brand new Gryphon Trading Engine 3 with over 30 new features, upgrades, and enhancements not available anywhere else. It also found over $139,908 in automated forex trades in July.
The Vader Forex Robot cuts your charts into pieces using daily fib levels.
Vader comes optimized for over 22 pairs. It also features fully automated overbought/oversold re-entries to trade the price coming and going. Currently Vader is used by over 1,000 active forex traders around the world daily. Keep track of its latest trades here.
Vader is a reliable performer with steady account gains and sound money management.
You can use Vader on demo or live forex accounts out of the box. It also comes with free updates for life. That means you never have to pay for future updates or setting changes. All of these features and its reliable performance make it one of the best fx robots currently available.
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Best forex strategy: Ganon Forex Robot
Ganon is the best forex robot for trading smart trends. Its new technology and features put it ahead of traditional expert advisors. It’s also the only EA out there using the newly developed Strand Theory™ code base. This new logic enables it to filter out noise on charts and find those big trends. In July it found over $102,148 in automated forex trades.
The Ganon Forex Robot takes your charts and tears them wide open using powerful new features like Strand Theory.
Ganon is highly customizable and has two basic modes of operation. Switching between both modes lets you quickly change trade frequency and size. It’s a solid choice for an expert advisor that works right out of the box. You can see its latest trades here.
Ganon is actively traded on over 2,000 live forex accounts daily.
Ganon also comes with full support from its developers. You’ll receive help every step of the way. Including custom settings, installation help, strategy guides, and troubleshooting. Simply contact us for anything you might need.
Safe trading with any forex account size
All three forex robots work with any account size. So you can trade mini, micro, or full size lots. Mini lots allow you to start with as little as $100. And demo accounts let you test and go live later on. These forex bots determine the safest lot size for your account balance. Over-trading your account is nearly impossible due to built in margin checks. And safe money management routines are directly inside the software.
Choosing a forex broker
These bots run inside the MetaTrader 4 forex terminal. It’s easily the most supported forex terminal in the world. Hundreds of brokers offer this platform for free to use with both demo and live accounts. Any broker that offers MetaTrader 4 will work well with these forex bots. Both 4 and 5 digit brokers are fully supported.
Any currency pair with a good spread is a good choice for Odin. So finding the best pairs to use is easy.
Choosing the best forex pairs
The best pair is typically the one with the lowest spread. Less spread means less pips you have to recover on each trade. Otherwise any pair will do. Gold and oil are supported too but typically have very high spreads. It’s best to start with 2 or three pairs and add more as you go along.
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Finding the best forex robot for you
All of these expert advisors are solid choices for any trader who wants software that actually works. But if you’re looking for the best forex robot, choose Odin. If bigger trades are your thing stick with Vader. And for the best strategy go with Ganon.