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Expert Advisors

Explore automated trading solutions for MetaTrader platforms. From marketplace EAs to custom development, find the right automation for your strategy.

Warning: High Scam Risk

  • ⚠Most forex robots sold online fail to deliver promised results. Be extremely skeptical.
  • ⚠Impressive backtests often don't work in live markets. Demand forward testing results.
  • ⚠Always test any EA on a demo account for at least 3 months before going live.
Recommended

MQL5 Market

4.7
Pricing
Free & Paid

Official marketplace for MT4/MT5 Expert Advisors. Verified products with ratings, reviews, and demo versions available.

Key Features
  • Official Marketplace
  • Verified Sellers
  • Demo Available
  • Direct MT4/MT5 Install
Visit Website

Forex Robot Nation

4.4
Pricing
Reviews Only

Independent EA review site with honest assessments. Find detailed analysis of popular forex robots and automated systems.

Key Features
  • Independent Reviews
  • Detailed Analysis
  • Comparison Tables
  • Free Resources
Visit Website

FX Blue

4.5
Pricing
Free

Free trading analysis and EA tools. Popular among retail traders for position sizing calculators and trade analytics.

Key Features
  • Free Tools
  • Trade Analysis
  • Position Calculator
  • MT4 Add-ons
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Forex Factory

4.6
Pricing
Free Forum

Community forum with EA reviews, discussions, and shared strategies. Great for research before purchasing any robot.

Key Features
  • Community Reviews
  • User Discussions
  • Free EAs
  • Strategy Sharing
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Fiverr (EA Development)

4.2
Pricing
From $50

Hire freelance MQL programmers to build custom EAs. Good for turning your strategy into automated code.

Key Features
  • Custom Development
  • Freelance Coders
  • Competitive Pricing
  • Direct Communication
Visit Website

Risk Warning: Most Expert Advisors fail to produce long-term profits. Automated trading involves significant risk. Never trade with money you cannot afford to lose.

Guide to Expert Advisors and Forex Robots

Expert Advisors (EAs) are automated trading programs for MetaTrader 4 and MetaTrader 5 platforms. They can execute trades based on predefined rules without human intervention, making them attractive for traders who want to remove emotions from trading or trade around the clock. However, the EA market is full of scams and overhyped products. Many EAs show impressive backtests that don't translate to live trading due to curve-fitting or overly optimized parameters. Before purchasing any EA, test it extensively on a demo account, verify performance claims independently, and understand the strategy it uses. The best approach is often to develop or commission an EA based on a strategy you already trade profitably manually.