HFM information and reviews
HFM
96%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
XM information and reviews
XM
86%
Exness information and reviews
Exness
86%

TOP 10 Effective & Profitable Forex Advisors in 2020


Stephane Dubois   Written by Stephane Dubois

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies are integrated into the algorithm of advisers, which will make it possible to earn on the pricing of assets without delving into the subtleties of technical analysis. The potential profitability of such programs significantly exceeds the possible profit from bank deposits.

Attention! Recently, the network is increasingly encountered ads for selling trading robots based on artificial intelligence. Developers and implementers practically guarantee the target audience yield of up to 300% per month. These programs are either sold at prices ranging from 250 to 1000 USD, or the user is offered to open a trading account with a questionable broker. You should know that these ads are placed in 99% of cases by fraudsters. The algorithm of the proposed trading robots is based on the Martingale principle. There are hundreds of such advisers, and all of them are distributed absolutely free of charge on specialized forums. The real developers of these programs warn that when forming a medium-term trend, the adviser will drain the entire deposit.

Paid trading robots really exist. They are implemented through specialized online stores. The potential profitability of these programs does not exceed 10-12% per month. These are very good financial results for an advisor worth 250-500 USD.

In fact, there are enough free trading advisors in the network, which bring a similar profit. The problem is that novice traders are interested in overclocking a deposit and among thousands of trading robots based on the Martingale and the averaging method, they simply do not pay attention to truly effective automated strategies. This article focuses on such programs, and if you want to create a source of stable passive income, it is strongly recommended that you read the information presented to the end.

How to choose an adviser for trading?

When choosing a program for automatic earnings in financial markets, it is important to pay attention to the following criteria:

The following are the best trading robots that exist today that can be used on a real account even by novice traders.

Equilibrium - stable earnings on trends

The main advantage of this trading robot can be called reliability. Doubtful loss optimization methods such as martingale or averaging methods are not integrated into the trading algorithm of the program. The strategy involves short-term trading in the framework of local trends. For work, it is recommended to use periods of M15 or H1 charts for EUR/USD or GBP/USD currency pairs. It is on these time frames that Equilibrium showed the best financial result. To filter spurious signals, the robot uses standard oscillators with the correct settings.

The potential profitability of the robot is small, but stable. Monthly income does not exceed 5%, relative drawdown is not more than 3%.

Equilibrium is a free and profitable Expert Advisor, which can be downloaded from specialized forums. Installation is carried out in the root folder of the trading platform in accordance with standard instructions. When you start the program to make changes to the settings is not required.

Excalibur

Another trading robot, the use of which will automate successful trading with the trend. The strategy integrated into the algorithm implies trading on the corrections of the global trend. Entering the market is carried out on the signals of classical indicators. The settings are spelled out by the developers in the program code, so the trader will only need to open the chart of the currency pair (EUR/USD or GBP/USD) and set the period M15, then start the program.

The potential yield is 20% per annum with a drawdown of up to 3.5%. To increase the profit potential, simultaneous trading on 2 currency pairs is allowed, but no more.

Night Owl - the most effective night scalper

This advisor definitely deserves the attention of beginners and traders of intermediate level of proficiency. The robot works exclusively during the Asian session. Making changes to the settings is permissible only if the time in the trading platform differs from the time zone set by the basic parameters.

For trading, it is recommended to use only EUR/USD or GBP/USD currency pairs with a period of M15. The strategy of the adviser does not involve the use of indicators and is based solely on technical analysis. Transactions are opened automatically with a pronounced lateral asset pricing trend. Despite such a simple strategy, the financial results are really impressive:

potential profit is about 20% per month with a drawdown of no more than 10%. Today it is the most highly profitable trading robot, while the risks are quite moderate.

Is the 10 Point Robot Conservative Martingale Possible?

The adviser is based on the Martingale mathematical strategy, and the developer implements clever tools for filtering trading signals. The number of doublings of the order volume during losing trades is limited by the input parameters. It is possible to use any currency pair and timeframe for trading, however, it is better to give preference to EUR/USD and GBP/USD with a period of H1, because with these parameters during testing, the adviser showed the best financial result, which can be found in the report:

The potential return was almost 100% per annum with a relative drawdown of 12.1%. This is a rather impressive trading result, especially considering that the robot uses the Martingale method to optimize losses. That is why novice traders and investors should be considered to use advisors with more conservative trading strategies.

Kiltner-pro

The strategy of this robot is based on trading with the trend with increased volatility within the day. Advisor is free and does not require any adjustments to the basic settings. The program integrates a unique algorithm for opening and filtering trade orders. The robot showed the best financial result when tested on the EUR/USD pair with a period of M15. Potential profit is about 60% per annum with a relative drawdown of 23%. This value is a little more than acceptable, but the level of profit fully justifies the risks.

Forex Trend Hunter

Quite an interesting trading robot, which definitely deserves the attention of novice traders. The developers have integrated the volatility indicator, which filters false signals according to the local trend. It is recommended to use this robot on the following currency pairs with a period of H1: EUR/USD, GBP/USD, AUD/USD, GBP/JPY.

The potential profitability of an adviser is almost 20% per month, but it is important to pay attention to the relatively high level of drawdown. As can be seen from the yield curve, in some cases, the adviser can actually open several unprofitable orders within a day in a row. You just have to be ready for this.

Wall street Asia

As the name implies, the robot opens trades automatically only during the Asian trading session. The strategy of the adviser is based on the volatility indicator, which allows the robot to effectively filter false signals to enter the market. During testing, the best financial result of this adviser was demonstrated on a pair of GBP/USD with a period of M15.

The expected level of monthly profit is about 10-15%, with a drawdown of 1.21%. This is a very good financial result for automated trading strategies. It is important to pay attention to the yield curve, on which the drawdown is almost imperceptible. This gives grounds to consider the Wall Street Asia adviser to be one of the most efficient and at the same time conservative trading robots.

Generic A-TLP

The developers of this robot have automated a fairly popular strategy based on the Bollinger envelope. Trading is carried out on corrections, as evidenced by the price breakdown of the extreme line of the indicator. To obtain the best financial result when using this advisor, you must comply with a number of conditions:

The potential profitability of the robot is about 15% per month with a relative drawdown of 2.07%. Such a test result fully justifies the use of this advisor in practice. However, first it is important to make sure that the trading robot is effective through a demo account.

Wall street forex robot

This trading robot can rightly be called legendary. There were even rumors in the circle of traders that the adviser's strategy was based on the insider trading system, which is used in practice by large investment companies. Perhaps this is true, since it is one of the few advisers, monitoring of real trading by which has not shown any serious drawdown over the past 10 years.

Developers provided:

As can be seen, the relative drawdown is only 4.71%. The potential profitability is 8-12% per month.

Attention! Beginner traders who wish to ensure passive income on the pricing of financial instruments are advised to look at the submitted trading robots for a number of reasons:


RELATED

Trading forex, stocks, and crypto during a downturn

As 2023 gets into full swing, stock market volatility is heating up and showing a teaser of what’s coming—despite recession fears continuing to dominate headlines...

Exploring The Limitations Of Fundamental Analysis: A Comprehensive Perspective

Fundamental analysis is a method used to evaluate securities by examining the underlying factors that influence their intrinsic value. It involves analyzing both qualitative...

APR vs. APY in Crypto: A Comprehensive Guide

Cryptocurrency investments have become increasingly popular in recent years, attracting investors from all walks of life. As the crypto market continues to grow and evolve...

What is a Zero-Knowledge Rollup?

Blockchain technology is revolutionizing the way we store, transmit, and validate data. However, as the popularity of blockchain technology grows, so too does the demand for faster...

HotForex Grand Seminar 2018

Our webinars are designed to improve your FX knowledge and help you hone your trading skills to give you the confidence you need to trade the markets...

What is an NFT?

It is fair to say that 2021 was the year of NFT, Ethereum’s enfant terrible. Non-fungible tokens invaded the world of digital currencies to become...

Monero: New All-Time High Coming?

Monero has seen significant gains over the past few months, more than doubling in price. However, there is room for growth - at the very least, to its all-time high of $495.84...

Nasdaq CFD Trading: Everything You Need To know

The Nasdaq composite index is one of the three most important and popular major stock indices traded on the United States stock market. These three crucial indices...

FBS: Trading Cryptocurrencies on MetaTrader 5

Millions of traders all over the world use the MetaTrader 5 trading platform to trade Forex, stocks, and futures. Over time, it has become popular among cryptocurrency trading enthusiasts as well...

New York Stock Exchange (NYSE): Defined & Explained

The New York Stock Exchange (NYSE) appeared 231 years ago, immediately changed the US market, and became the largest marketplace for buying and selling assets in the world...

Ten Tips to becoming a Forex Trader

Getting started in forex has never been simpler. Easier access to currency markets and brokerage platforms that fit a range of trading needs has become widely prevalent...

Nasdaq - Are Tech Stocks the Future?

The US Stock Market has more than $100 trillion worth of stocks sold yearly, with technology stocks such as Apple and Netflix becoming more popular. However, not many...

How to invest in gold

Many investors are keen on the precious metals market. So many seem to be looking to buy gold - a time-tested, safe-haven asset - especially as COVID-19 continues...

Currency Pairs and Stocks: A Comparative Analysis

Currency pairs and stocks are the most popular assets for day trading, long-term, and medium-term investing. The daily turnover volume on Forex exceeds $5 trillion...

Why VPS is important to forex traders?

Forex traders operate in one of the world’s largest and most volatile financial markets. A daily trading volume of US$6.6 trillion makes the forex market the most traded market globally...

Advantages and disadvantages of forex rebate

If you are really concerned about your profit on the forex market you should definitely use one of the mayor forex rebate providers...

Navigating the Exciting Challenge of Trading Over 150 Stocks with ModMount

ModMount presents traders with the exhilarating opportunity to dive into one of the largest and most dynamic online markets – the stock market. This platform challenges traders, whether novice or seasoned...

Is the US market too expensive during COVID-19?

Global financial media have reported the "extreme cost" of the US stock market in recent days. In theory, this should be followed by an imminent collapse...

How To Cut Losses Trading Cryptocurrencies

Even good trading and investment strategies can lead to portfolio losses if the basic rules of money management are neglected. In addition to the basic rules typical for investing...

Analyzing Cryptocurrencies: Key Notions

Today few professionals can boast of an impeccable trading process with cryptocurrencies - there are many nuances. In our article...

FP Markets information and reviews
FP Markets
81%
IronFX information and reviews
IronFX
77%
AMarkets information and reviews
AMarkets
76%
Just2Trade information and reviews
Just2Trade
76%
FXNovus information and reviews
FXNovus
75%
T4Trade information and reviews
T4Trade
75%

© 2006-2026 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.