Forex Robot Reviews

New ForexFBI Best Forex Robot Competition

Competition has begun here!

We here at ForexFBI are excited to announce our first ever best forex robot trading competition scheduled to start August 1st. This competition will feature the top 10 most popular commercial robots available voted by you. You can vote for your top 5 in the poll below, and we will go ahead and take the top 10 voted and enter them into the competition.

The competition will have equal playing grounds for all EA’s running all on a $5000 demo account with the same leverage and same broker for the same duration. It will run for a full 30 days and will be viewable for all with updated results up to the minute.

If there is a forex robot not on the poll below, please leave a comment letting us know that you feel it should be added.

(Update July 31st)- Ok we have our list of 10 robots for testing. The tests will begin on August 15th.

(Update August 15th)- Been busy with some personal matters and rounding up all the EA’s plus setting them up on a new vps. I am post-poning the competition to start on September 1st instead of today, August 15th.

(Update August 29th)-  Ok, things are looking good! I’ve got all the robots purchased, and setup on $5000 demo accounts on a vps. I’m using mostly default settings, or any optimized settings provided by the vendor. I took out EA Shark as it had manipulative code that was used to avoid big losing trades in back test history to make their back tests look good. That type of stuff drives me nuts so I’m not even going to waste my time with such a product. So instead of 9 robots in the competition, I have managed to put together a nice little surprise for you guys after much negotiation. But you will have to wait until Monday for the start of the competition to see the surprise 😉

If there is a robot you feel should be included, please plead your case in a comment below. I don’t mind having a few more than 10 EA’s in the competition.

[poll id="5"]

 

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23 Comments
  • Joe - Posts:
    September 5, 2012
    Reply#1

    Today is wednesday and i still cant see the table you promised to put on, or you have not started the test yet ?

  • Joe - Posts:
    September 1, 2012
    Reply#3

    How can i see the progress of the competition,to actually know which robot is doing well.

    • Joe Stevens - Posts:
      September 1, 2012
      Reply#4

      I will have a nice laid out table for you hopefully by monday with all the robots hooked up to myfxbook.

  • Benny - Posts:
    August 15, 2012
    Reply#5

    Has the competition started?

    • Joe Stevens - Posts:
      August 15, 2012
      Reply#6

      Going to start Sep 1st due to some unforeseen personal reasons that have caused the delay.

  • Brandon Miller - Posts:
    July 31, 2012
    Reply#7

    How about (if they exist) adding the top two EAs from the last Surefire Trading Chalenge in to the mix.

    • Joe Stevens - Posts:
      August 1, 2012
      Reply#8

      Will look into those, thanks for the input.

  • bob - Posts:
    July 21, 2012
    Reply#9

    The “Wall Street Forex Robot” guys apparantly just came out w/ a new BOT called “Volatility Factor”. Might be a good idea to add this guy to t/ mix since the Wall Street robot is on the list, and drawing a fair amount of attention.

  • asics - Posts:
    July 19, 2012
    Reply#10

    i would like to see martibot2 from dobelFx, head to head with its biggest competitor, forexhacked.

  • RON - Posts:
    July 18, 2012
    Reply#11

    i SECOND LEWIS, FOREX BULLITPROOF SHOULD BE GIVEN A SHOWING. IT’S BEEN AROUND SINCE 2009, AND HAS PERFORMED WELL. WITH $5000 USE THE AGRESSIVE SETTING…..

    THE FOREXAPPRENTICE SHOULD ALSO BE GIVEN A RUN. MUCH TOUTED AS A BANKING SYSTEM BASED ROBOT… VERY INTERESTING.

    THIS TYPE OF COMPETITION SHOULD BE DONE MUSH MORE OFTEN..

  • Lewis - Posts:
    July 18, 2012
    Reply#12

    Also the smartfx technology breakout hunter, and master scalper.

  • Lewis - Posts:
    July 18, 2012
    Reply#13

    Add forex bulletproof.

  • CAVINCENT - Posts:
    July 18, 2012
    Reply#14

    i want the forex trading appprentice ea to vote for -this ea is based from that trading systemTHAT USED BY BIG BANKS IN THE REAL WORLD,ITS WORTH THE CHALLENGE.

  • Jeff - Posts:
    July 18, 2012
    Reply#15

    Is this the best we have? If so, I am disappointed. We need some real EA robots that can make us all financially successful. So far none have been developed. Forex is a tough market to beat!

  • Stella - Posts:
    July 18, 2012
    Reply#16

    I’d like to see the Hedgehunter added from Trendtrimmer. Thanks!

  • gomaa - Posts:
    July 18, 2012
    Reply#17

    I hope that the price is suitable for small investors

  • murrumba3 - Posts:
    July 18, 2012
    Reply#18

    I lost money on the Instant Forex Profit Robot

    • Benny - Posts:
      July 18, 2012
      Reply#19

      Thanks for your input. I was tempted to give this one a try.

  • Graham Scarr - Posts:
    July 18, 2012
    Reply#20

    You could try Forex Proteon as well. I’m trading this ea now as its fairly reliable with no losses so far.

  • Jack - Posts:
    July 18, 2012
    Reply#21

    Is it possible to also add Smart Trader from Windsor Park? I have had good results on a demo account.

  • Required: Name - Posts:
    July 18, 2012
    Reply#22

    I would like to search for EA using fibo.levels, harmonic & MACD divergence

  • Benny - Posts:
    June 27, 2012
    Reply#23

    I would like to see KishoreM ‘s Instant Forex Profit Robot added to the vote.

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