Login for registered users

The site can use some of its services only to registered users.
The registration does not entail an obligation to pay

Registration for new users

Forex Robots and forum

Actinic Forex Robot Adaptive Trader Pro Aeron Scalper EA Airhopper Forex EA Alpha Anna Fx Robot Arbitrage FX 1.1 Armas Bot Arteon Forex Robot Asa FX Augur Forex August Forex Golem Auto Breakout PRO Benefit EA Best Scalper BFS Rubicon BFS Trident Big Bull FX Channel Trader Pro Claudius FX EA Concerto FX Covert FX CovertFX Cyrus EA Delton Pro Dragon Forex EA Dragoncell Forex EA Draw Profit EA Dynamic Forex EA Dynamic Pro Scalper EA Impala V 2.1 Easy Walker FX 6.2.0 Einstein Trader EOS Forex EA Esox-Pattern Forex EA Ever Tech Forex Robot Everex Elite EA Exetor Forex EA Extra Edge FX EA F7System Fibonacci EA Fluid Trader Flywheel Forex EA Forex Apollo EA Forex Augmenter EA Forex Cyborg Robot Forex Device EA Forex Diamond Forex Earth Robot -EURUSD Forex Edge Pro Forex Imba Forex in Control Forex MasteRobot Forex Moola Forex Pip Fishing Forex Quant EA Forex Real Profit EA Forex Robotron Forex Scalping EA Forex Seven Forex Steroid EA Forex Time Robot Forex Trend Detector Forex Trend Hunter Forex Turbo Drive Frarelin Forex Robot Funnel Trader EA FX Diverse FX Maximal FX Mower EA FX Plutus FX Secret FX Shutter Stock EA FX Splitter V.604 FX Stabilizer EA FX Turbine FX Voodoo2 FXCharger EA FXMath Gold Pips GoldBull Pro Happy Algo. Pro. Happy Breakout Happy Fast Money EA Happy Forex Happy Forex Robot Happy Gold Happy Market Hours Happy News Hedge Track Trade Hedge Track Trade EA Hunter EA Inertia Trader Keltner Pro Lazzy Lizzy Lion FX Trader Manhattan Forex robot Manhattan FX Math FX Pro Max Scalper Max Scalper Trading MaxiMillian Forex EA Mega Project Forex Robot MFM7 Million Dollar Pips Million Pound Robot Minesweeper EA Mql.Me MT5 Champion MT5 Forex Robot My Bitcoin Bot Nagachika EA Optimum forex robot PastorPro Forex Robot Pip Hunter EA Pivot Trader EA Plugin Forex EA PowerFul Forex Price Action Robot Prince FX Trading Professional Trading Portfolio Push The Trend Ray Scalper RayBot Richeith Forex EA Rigel Forex EA Rocket EA Scalp Trader EA Securza FX Forex Robot Signal Steps Smart Forex Robot Sniper Suite EA Tokyo pro system Trading Manager Pro Trends Tracker Pro - Forex Droider EA TriStar Trader TSFX Tycoon EA Universe FX Robot Volatility Factor 2.0 PRO EA Vortex Trader Pro Wall Street Asia Evolution 2 Wall Street Evolution Wall Street Recovery Pro Evolution Wicor Forex EA XoForex XXL Forex Real Profit
Tags

Best Forex Robots

Welcome to our Best EA Robots review website!

Finance / Investment / Forex Trading Robot

This is a 100% free best forex robots review ( expert advisor or  best forex ea’s) testing site. We find the best forex robots for your live account trading!

Here you can always  find all novelty of the Fx robots. All of our trading results, charts, and stats are available to you at no cost. Like you, we're interested in finding truly gain table forex bot. Our site is frequently updated so be sure to visit often. We hope you find it useful to earn money on markets. Please register now ! For more information use our forex robot forum and newsletter ! I recommend doing your due diligence before purchasing any expert advisor that have not been fully reviewed.

Make money online, with live forex trading robot!

Hard EA’s Comment. This is the reality!

Welcome to our website!

We find the best Forex robots for you.

This is a 100% free forex robot (expert advisor or EA) testing site. Here you can always  find all novelty of the Fx robots. All of our trading results, charts, and stats are available to you at no cost. Like you, we're interested in finding truly profitable robots. Our site is frequently updated so be sure to visit often. We hope you find it useful to earn money on markets. We have many robots that can help you to make richer, so stay with us and we will successful! For more information  use our forum! Click the buttons on the Navigation Bar (on the left side) I recommend doing your due diligence before purchasing any expert advisors that have not been fully reviewed.

FEATURED NEW FOREX EA’s

Prince FX Trading

Prince FX Trading

Live Account  

Price:  1250 USD
Monthly gain:  775.54%
Running Time (day):  9 day
Start:  79
Balance:  71
Floating P/L:  -18.03

Review  

 Forex robot for sale  

Securza FX Forex Robot

Securza FX Forex Robot

Live Account  

Price:  199 USD
Monthly gain:  95.80%
Running Time (day):  89 day
Start:  1950
Balance:  1962
Floating P/L:  -5.92

Review  

 Forex robot for sale  

Fluid Trader

Fluid Trader

Demo Account  

Price:  347 USD
Monthly gain:  12.27%
Running Time (day):  325 day
Start:  80000
Balance:  285621
Floating P/L:  -761.98

Review  

 Forex robot for sale  




Best Forex Robots | Live account | Forex Trading | Expert Advisor Review

Top Ranking
  • All results
  • Highly recommended EA´S
  • More than a year running
Filtering results
  • LIVE
  • DEMO
  • NEW
  • CLOSED
Rank Best Forex Robots | Expert Advisors | Top Forex EA’S LIVE (New or Demo) Trading Account Monthly Gain (%) Start Balance Running Time (day) Floating P/L Manual MyFxBook More Facts and FX Robot's Forum Hard EA’s Comment. This is the reality
1 DEMO 710.41 5000 30115 546 0.00 Broker sensitive. Demo results are great so logic is good. But reliable and fast broker required!
2 LIVE NEW 95.80 1950 1962 89 -5.92 VENDOR'S LIVE ACCOUNT RESULTS! Scam ! View /Monthly return table/ : 2017 Jul - Big Profit. / not permanent results /
3 LIVE 48.46 100 179 44 0.00 VENDOR'S LIVE ACCOUNT RESULTS! Little test time
4 DEMO 43.64 1000 2368 72 0.00 Big Drawdown 18.05.2017 and 100% loss. Restart Robot (original website) and use old fx blue name. Scam? Yes. not view 2017 Sep
5 DEMO 42.04 10000 1454105 416 77.30 Broker sensitive. Demo results are great so logic is good. But reliable and fast broker required! Old info - monthly return table (Vendor fxblue - update problem)
6 DEMO 40.06 20000 45984 85 -6375.00 VENDORS ACCOUNT RESULTS. FX Blue - no max. data , "This statement is not complete.."
7 DEMO 35.96 1000 1686628 710 0.00 Broker sensitive. Demo results are great so logic is good. But reliable and fast broker required!
8 LIVE 33.72 1800 270 377 0.00 Important! Not recommended !!! Wrong graph !
9 DEMO 33.07 1000 899907 700 0.00 Broker sensitive. Demo results are great so logic is good. But reliable and fast broker required!
10 DEMO 31.95 5000 9569 199 0.00 Broker sensitive. Demo results are great so logic is good. But reliable and fast broker required!
11 LIVE 29.68 601 5002 298 0.00 VENDOR'S LIVE ACCOUNT RESULTS! Big Stop and Big drawdown! Good result!
12 DEMO 27.28 3000 2574679 823 0.00 Broker sensitive. Demo results are great so logic is good. But reliable and fast broker required!
13 DEMO 26.64 3000 90446 428 0.00 Broker sensitive. Demo results are great so logic is good. But reliable and fast broker required!
14 DEMO 24.98 1000 3391 161 -38.09 Scam. 2017 Apr - Big Profit. / not permanent results /
15 LIVE 24.39 2500 5451 103 -120.54 VENDORS LIVE ACCOUNT RESULTS! Big Drawdown!
16 LIVE 19.62 5000 6513 113 0.00 VENDOR'S LIVE ACCOUNT RESULTS. Little test time
17 LIVE 19.28 500 6086 419 0.00 VENDOR'S LIVE ACCOUNT RESULTS. Big drawdown* - old time. Now: Good!
18 LIVE 17.66 1000 27957 600 513.69 VENDOR'S LIVE ACCOUNT RESULTS!
19 LIVE 17.56 5000 197041 667 -905.87 VENDOR'S LIVE ACCOUNT RESULTS! Big Drawdown !
20 DEMO 14.66 100000 639929 398 0.00
21 LIVE 14.44 2000 25788 556 -9.34 VENDOR'S LIVE ACCOUNT RESULTS! Old time: Big drawdown. Now : Good. Free demo download
22 DEMO 13.64 20000 572081 635 0.00 Broker sensitive. Demo results are great so logic is good. But reliable and fast broker required!
23 LIVE 13.20 5000 47995 536 1859.22 FXChoice no IB patner
24 LIVE 12.73 1500 13695 547 -15.40 VENDOR'S LIVE ACCOUNT RESULTS! Good forex robot! Big drawdown 2017.02
25 DEMO NEW 12.27 80000 285621 325 -761.98
26 DEMO 12.23 100000 240919 223 0.00 Vendor - FX Blue - update problem
27 LIVE 11.24 4710 126 455 -2.00 VENDOR'S LIVE ACCOUNT RESULTS! Big Drawdown
28 DEMO 10.60 2000 3109 128 -5.00
29 LIVE NEW 10.32 1479 815 388 0.00 VENDOR'S LIVE ACCOUNT RESULTS. Big Drawdown!
30 LIVE 9.76 621 1351 407 0.00 VENDOR'S LIVE ACCOUNT RESULTS! FX Blue - Update problem
31 LIVE 9.45 7000 97278 856 -543.60 VENDOR'S LIVE ACCOUNT RESULTS! Big Drawdown !
32 LIVE 8.92 200 5037 1109 0.00 VENDOR'S LIVE ACCOUNT RESULTS! Big Drawdown !
33 LIVE 6.69 2000 4016 374 -25.88 VENDOR'S LIVE ACCOUNT RESULTS!
34 LIVE 6.36 2000 633 405 0.00 VENDOR'S LIVE ACCOUNT RESULTS! Big Drawdown!
35 LIVE 5.99 10000 129547 1311 0.00 VENDOR'S LIVE ACCOUNT RESULTS! This is good
36 LIVE 5.40 5000 11738 484 -1260.12 VENDOR'S LIVE ACCOUNT RESULTS! Old time: Big Drawdown -now: good
37 DEMO 5.12 8958 75441 1481 0.00
38 LIVE 4.96 612 2580 1023 0.00
39 DEMO 4.70 3000 4304 230 5.12 FX Blue data problem. Warning: Tick Mill brokers. (TickMill demo = scam)
40 LIVE 4.21 6654 23776 922 -3306.71
41 LIVE 3.19 2000 2315 170 0.00
42 LIVE 3.18 386 1838 1571 -19.95
43 DEMO 2.78 100000 244538 961 0.00
44 DEMO 2.33 720 1001 527 0.00 VENDOR'S LIVE ACCOUNT RESULTS. Trade with 2% risk. "Alpari" - No IB partner
45 DEMO 2.33 720 1001 527 0.00
46 LIVE 2.21 1680 203 23 0.00
47 DEMO 2.07 10000 25571 1348 -2218.36
48 LIVE 1.98 5000 6165 315 0.00 Myfxbook account 2 - Real account ICMarkets
49 LIVE 1.90 1568 2416 991 0.50
50 LIVE -7.46 231 219 17 0.00
* LIVE NEW 775.54 79 71 9 -18.03 VENDOR'S LIVE ACCOUNT RESULTS! Little test time (FX Blue result)
* LIVE 16.53 2569 27438 476 -12390.03 Attention!Big Drawdown! Real account.Good - medium graph. Forex robot price: low
* LIVE 13.12 17122 9839 788 -2582.40 VENDOR'S LIVE ACCOUNT RESULTS! Big Drawdown!
* LIVE NEW 6.51 3106 3249 21 -821.76 New version: V3 Real account.
* LIVE 3.98 7577 10861 425 -4652.22 Big Drawdown!

Summary

Rewiewer
Review Date
Reviewed Item
Forex robot | Expert Advisors | Forex trading
Author Rating
5
Warning: getimagesize() [function.getimagesize]: Filename cannot be empty in /var/www/data1/S4-032/bestforexrobots.com/system/kozos_fuggvenyek.php on line 251
NEM JÓ! A kép tipusa . A neve:.
https://bestearobots.com/robotkepek/forex-robot-

Top Ranked Fx Robots or expert advisors MT4 - Live account only

Securza FX Forex Robot

Securza FX Forex Robot

Live Account  

Price:  199 USD
Monthly gain::  95.80%
Running Time (day):  89 day
Start:  1950
Balance:  1962
Floating P/L:  -5.92

Review  

 Forex robot for sale  

Forex Quant EA

Forex Quant EA

Live Account  

Price:  199 USD
Monthly gain::  48.46%
Running Time (day):  44 day
Start:  100
Balance:  179
Floating P/L:  0.00

Review  

 Forex robot for sale  

Dragon Forex EA

Dragon Forex EA

Live Account  

Price:  199 USD
Monthly gain::  33.72%
Running Time (day):  377 day
Start:  1800
Balance:  270
Floating P/L:  0.00

Review  

 Forex robot for sale  


Review

best forex robots | forex robot | robot forex trading | forex trading robot free download

PastorPro Forex Robot

PastorPro Forex Robot

PastorPro Forex Robot Review - We Generate Profit Advantage PastorPro Forex Robot User 100% Perfectly automated trading system Proven profitable and Stable Developed with an Easy Step-By-Step and Logical Format Extensively tested with specific forward tests Forex Advisor based on ideas of our acquaintances among deep insiders in the Forex Incomparable stop loss management 30 days money back guarantee 24/7 customer support All time winning...Check it now!

Best EA Robots Site Description

  • This FX robots table below aims to guide you to explore and investigate the profitability of the Best Forex robot that fits your style of trade by checking the top Forex robots live performance results.
  • The trading systems indexed below are arranged according to their performances so that the Best Forex EA'S or forex robot will be at the top and remains there till another one performs better so it rises and takes its place.
  • These live performance forward tests are the official ones managed by the best expert advisors authors, some of them are running on live accounts and others on demo.
  • Forex Trading Robot Reviews table interactive ! Example: Click "Running time (day)
  • Would like to purchase FX robot? Please double-click on the robot's name!
  • Use forex robots review link! 
  • Please register. Please use the forex robot forum
  • For more up-to-date performance results on our demo or live accounts,click the buttons on the Navigation Bar (on the left-hand side).Table above is updated periodically.
  • Our robot test results ( Updated every 30 minutes)
  • Forex EA Install - HELP

Attention !

* - In case the FLOATING P/L goes under 25%

Hard EA’s Comment !

Broker sensitive. Demo results are great so logic is good. But reliable and fast broker required!

To have an even ground, I am attempting to target a 10% - 40% monthly return and a maximum of 25% as drawdown  

"Testing Stopped" - In case the loss of the account is too high I stop the test.

After 100 days We stopped running this Expert Advisor because of weak or negative results

Best Forex EA - Top 20 Ranking

best forex robots

FX Shutter Stock EA free? (Live version) Read more


Best Forex Broker

Top forex brokers in 2017

Choose a broker you need a trading platform – a place for putting your orders. The broker is responsible for the execution of these orders. Brokers provides the platforms. Personally I prefer Metatrader 4 (MT4) trading software. 

XM

icmarkets

Fort FS

swiss markets

Forex brokers reviews  - on the left side

To the best forex robots continued function internet connection is a must, Windows-based VPS is recommended. The good news is, that, some brokerage firms such as XM, provide this for free above a level of capital investment(and trading volume). Details are on the brokerage firm's website.

If you wish not to use a robot, instead, would like to trade manually, of course can do so. Please click on the advert of the brokerage (the all brokerage firms are listed on the left).You can open a demo or a live account.


Currency automated trading for beginners

Suggestion

Please check:

  • Minimum deposit:? Leverage: ?  ECN or Standard account?

  • Forex Account Protection ? (Stop loss and Maximum Drawdown and news filter)

  • Maximum drawdown info: FXblue (stats-charts-Floating P/L% hourly) or myfxbook link

  • New protection: Broker Spy Module - Wall Street Forex EA

  • Gain: Take and percent gain

Forex EA Guide for beginners:

Find an Expert Advisor (EA) first

Few tips:

  • Choose the one best fits your trading style;
  • Expected risk/reward ratio
  • Maximum tolerated drawdown, floating
  • Trading currency pair(s), period, frequency
  • Trading strategy (scalp, hedge, grid, etc.)

We have many ideas that can help make you and us richer so stay with us and we will succeed!

We are committed looking for the best trading systems, whether Best Forex robots or trading signals. Forex trading is so difficult and we will help you to be able to choose the expetr advisors according to your needs. A lot of forex traders spend years of trading forex with almost no success, but we provide a proven track of records to ensure that these Best Forex EA'S will really help to improve your trading success.


Work from home opportunity - with stock exchange trading!

Work from home opportunity - with stock exchange trading!

Nowadays it is quite comon, that we have not only one but two or more jobs.

Why could not be our other job in the stock market? Of course it can be so, and it's not a problem if you have no experience in this field!

The best forex robots can help us, they can do trading on the stock market for us automatically. These fx robots can simply be bought (like any program for your computer). You can test them and can be used in demo, or live account as well. So you can make real money with it.

Remember, we need to make the gain with the help of the EA robots.

You just need to select the appropriate robot and start using it. But which one is the right robot? use: Best forex ea - top ranking

We are happy to assist you in the installation and usage (robot setting)!

It is worth to check the trading live accounts.


Good to know:

This is a sort of income, and of course everyone must pay taxes on gains. Fortunately, it is very well worth it if we, so our robot trade well.

The best forex robots and the use of forex can involve risks. This is not a bank! Details here: Privacy Policy


What is Forex?

Forex (FX) is the market in which currencies are traded. The forex market is the largest, most liquid market in the world, with average traded values that can be trillions of dollars per day. It includes all of the currencies in the world.There is no central marketplace for currency exchange; trade is conducted over the counter. The forex market is open 24 hours a day, five days a week, except for holidays, and currencies are traded worldwide among the major financial centers of London, New York, Tokyo, Zürich, Frankfurt, Hong Kong, Singapore, Paris and Sydney. The forex is the largest market in the world in terms of the total cash value traded, and any person, firm or country may participate in this market.

The U.S. dollar is the most actively traded currency. The euro is the most actively traded counter currency, followed by the Japanese yen, British pound and Swiss franc.
Market moves are driven by a combination of speculation, especially in the short term; economic strength and growth; and interest rate differentials.

How to trade currency?

Easy,
1. Use: Forex trading robot
2, Manual Trading. Example - EURUSD - sell - 0.01 lot (Use: Sp and Tp)

Foreign exchange trading

Forex Trading is short for Foreign Exchange Trading and refers to the gain or loss that is made by trading different foreign currencies against each other. The study of different international markets, how geo-political events affect those markets and the analysis of the stability level of a certain economy are factors that help a trader in assessing which foreign currency is about to strengthen against another.

What is the best forex robot?

Forex robots = forex automated trading strategies

Best forex robot (EA or  Best Expert advisors) is an automated trading program which places buy and sell orders on the world’s largest trading volume market, the foreign exchange market (foreign exchange=forex=fx). This can be performed 24 hours a day, in a controlled manner using pre-defined conditions.

Why is Trading Robot ( automated ea) good?

-no expertise needed
-no experience needed
-no need to spend time on it, therefore is a perfect investment next to a full time job
-the EA program only needs to be installed once and will generate forex gain from that point onwards
Too good to be true…but it is really true!
When I was introduced to the forex robot I thought this was just too good to be true. But after testing it on a demo account, and continuously, daily, weekly it kept bringing gain, I decided that I do not want to miss a single cent, and will start using a real account . And it just keeps generating real profit ever since.
If you have doubts, try it out in demo without money!

EXPERT ADVISOR INTRODUCTION

Best Expert Advisor (EA) is a sophisticated automatic trading software tool. Each EA is built upon a specific set of rules, on your trading platform to execute trades on a purely logical basis.The EA watches the market for you and will execute trades based upon predefined parameters. Unlike a human, it is also capable of monitoring indicators, support and resistance levels, and many other factors in multiple timeframes and making immediate decisions.An Expert Advisor (EA) is software written specifically for MetaTrader platforms to enhance the results and profits of currency traders.There are two types of EAs for MetaTrader4: MQL4 and EX4 files. The main difference is that MQL4 can be opened and edited with the MetaEditor program, while cannot be edited

Forex Robot VS Forex Robot

About US

At Best EA Robots site we have a tendency to search the net for reliable and honest Forex product. Then completely take a look at the product with the most effective reviews before deciding if they must be listed live. This is a 100% free  forex trading  robot reviews ( Expert Advisors or  Best Forex EA’S) testing site. We find the best forex robots for your live account trading!

BestEARobots-Logo

 

Best forex trading platform and app

 

XM Calculators

XM Forex News XM Economic Calendar

 


What is a Forex Hedge?

A forex hedge is a transaction implemented by a forex trader to protect an existing or anticipated position from an unwanted move in exchange rates. By using a forex hedge properly, a trader who is long a foreign currency pair can be protected from downside risk, while the trader who is short a foreign currency pair can protect against upside risk

What is a Forex Scalping?

A fx trading strategy used by forex traders to buy a currency pair and then to hold it for a short period of time in an attempt to make a gain. A forex scalper looks to make a large number of trades and earn a small FX gain each time.

What is a Forex VPS?

If you’re not sure that your provider is able to give you stable connection, or if you don’t want to leave on your PC night and day, you can use a VPS service.

It is easy, handy, comfortable to use VPS instead of keeping on your PC all the time, not to mention the importance of having continuous, stable internet connection. Use: Windows VPS. Vps companies: Click the buttons on the Navigation Bar (on the left side)

Attention!  Clients of XM  with a  deposit $5000 and above  will be able to use VPS service for free* info XM site.

What is an ECN forex broker?

An ECN forex broker is an expert who uses electronic communications networks (ECNs) to provide its forex trading clients direct access to other participants in the currency markets. Because an ECN forex broker consolidates price quotations from several market participants, it can generally offer its forex trading clients tighter bid/ask spreads than would be otherwise available to them.

Since an ECN broker only matches trades between forex market participants, it cannot trade against the client, which is an allegation that is often directed against some “market maker” retail forex brokers. Because ECN forex broker spreads are much smaller than those spreads used by everyday market maker brokers, ECN forex brokers charge clients a fixed commission per transaction. Even with commissions considered, trading with an ECN forex broker is less expensive and more reliable than using a market maker non-ECN forex broker.

icmarkets

An ECN forex broker allows people to open  accounts and trade forex through the internet using a trading platform such as Meta Trader . You can begin by practising trading on a demo account and move over to a live trading account when you are ready. There are plenty of forex brokers to choose from before you begin forex trading, so be sure to do your research and ensure that your chosen broker meets certain criteria. They should provide low spreads, low commissions, fast execution and no limitations on stops. ECN forex trading accounts form the ultimate trading environment for trading currencies, this is why it is highly recommended to choose an ECN forex broker.

What are the advantages of an ECN forex broker?

The type of broker that you choose to use can have a significant impact on your forex trading performance. If you opt to use a retail market maker forex broker that does not execute your trades on time and at the initial price that you wanted, what may have been an opportunity for a good trade can rapidly descend into an unexpected loss – through no fault of your own or due to your forex trading system but due to the impact of choosing an unreliable retail market maker forex broker. Therefore, it is upmost importance that you carefully analyse the advantages and disadvantages of each forex broker before making a decision on which one you would like to open a forex trading account with and trade through.

icmarkets

True ECN forex broker Pros:

  • More often than not better bid/ask prices due to the fact that they are derived from multiple sources. You get the best bid and best ask prices at the time of trading.
  • The possibility to trade forex on prices that have very small or even zero spreads at specific times.
  • Real true ECN forex brokers do not trade against you as a market maker would, instead they will pass on your trade orders to a bank or another trader on the opposite side of your trade transaction.
  • Prices can be more volatile, this is better for forex scalping systems.
  • You have the ability to offer a price between the bid and ask.
  • ECN forex trading is completely anonymous. This enables you to trade forex on neutral prices that are a reflection strictly of the real market conditions with no bias whatsoever against your trade direction/position.
  • Instant Trade Execution on the best possible prices with immediate confirmation. There is no dealing desk to interfere so there are no re-quotes.
  • Client-to-Bank Trading. Forex traders can trade directly on the global liquidity of the best banks and fully qualified/registered financial institutions. ECN forex brokers provide traders with direct access to market prices.
  • Ideal conditions for automated forex trading systems (forex robots).
  • Many ECN forex brokers have very low commissions along with the lowest (sometimes zero) spreads making trading costs and chances of being profitable much higher than using a non-ECN forex broker or market maker.

What is an Electronic Communication Network (ECN)?

An electronic communication network (ECN) is an automated system that will match forex traders buy and sell orders. An ECN will connect to major forex brokerages worldwide and individual forex traders enabling them to trade directly between themselves without the need of going through a middleman (such as a market maker). The ECN makes money by charging a small fee for each conducted transaction, known as a commission. ECNs give the possibility for forex traders in multiple different locations around the globe to trade with each other in a fast and efficient manner. The Securities and Exchange Commission requires ECNs to register as broker-dealers making them extremely reliable and completely transparent.
ECNs will display the best possible available bid/ask quotes from various market participants, then automatically match and execute the orders. ECNs allow the use of automated trading, passive order matching and fast execution. ECNs serve large institutional and retail forex traders. This makes ECN forex brokers the perfect solution for using forex robots.

icmarkets

How does an ECN work?

ECNs pass on all of the prices from multiple forex market participants, such as banks and market makers, along with other forex traders connected to the ECN. They display the best bid/ask quotes on their forex trading platforms based on these prices. ECN forex brokers also serve as counterparties to forex transactions, although they operate on a settlement, rather than a pricing basis. Unlike fixed spreads that are offered by some market makers, the spreads of currency pairs do vary on ECNs, dependant on that particular pair’s trading activity. Market makers can also increase the spreads making it more difficult for the forex trader to be profitable and so that they make more money for themselves by increasing the trade costs. During trading periods of high activity, you will sometimes get zero ECN spread, particularly on the very liquid currency pairs like the majors (EUR/USD, USD/JPY, GBP/USD and USD/CHF) and also on other currency crosses.

Forex Currency Trading

A form of instruction or mentorship that provides information on  tactics, methods and successful practices. Forex training acts as a guide for the retail forex trader, providing insight into successful strategies, signals and systems as well as other general information on the foreign exchange market.

Manual Trading

A trading system that involves human decision-making for entering and exiting trades. This is in contrast to automatic trading, which employs programs linked to market data, which are able to originate trades based on human instructional criteria. Manual traders often employ computer programs in order to consolidate information. In some cases, they may also set automated indicators to alert them to potential trading opportunities. However, in all cases, human input is required to authorize trades.

Forex Trading Strategy

A set of analyses that a forex day trader uses to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis charting tools or fundamental, news-based events. The day trader's currency trading strategy is usually made up of a multitude of signals, which trigger buy or sell decisions. Forex trading strategies are available for free, for a fee or are developed by the traders themselves.

What is the Day Trader?

Options can fit a range of investing goals whether it's maximizing your exposure or helping to minimize your risk.

Forex Signal System

A set of analyses that a forex trader uses to determine whether to buy or sell a currency pair at any given time. Forex signal systems could be based on technical analysis charting tools or news-based events. The day trader's currency trading system is usually made up of a multitude of signals that work together to create a buy or sell decision. Forex trading signals are available for free, for a fee or are developed by the traders themselves.


Please register: Best Forex Robot Forum  Click the buttons on the Navigation Bar (on the left side)  - Best Forex EA newsletters


BestEARobots