Objective Looks at Today's Top Forex Auto Trading Robots

Whether you're a beginner just getting into the foreign exchange (Forex) market or a seasoned veteran who has made and lost thousands, you know how dynamic and complex the market can be. One third of all traders now rely on this technology for just that reason to eliminate the risk and guesswork largely from trading. This explains the great abundance of forex auto trading robots out on the market today.

The sole purpose of this site is to provide frequently updated and completely objective consumer reviews to anyone who is specifically interested in this technology as well as anyone who is looking to diversify or simply make better money in the world's most popular and investment market. Below are ratings on the top 3 best performing forex robots of today, including individual summaries and the pros, cons, and differences associated with each.

Our Top Pick: FAP Turbo
   

 

 

 

 

FAP Turbo

FAP Turbo

   
What it Promises:
 

FAP Turbo (standing for Forex Autopilot Turbo) is a forex trading robot which promises to carry out 100% of the trading work in the forex market on your behalf from analytics to acting on trades to getting out at peak times so that you need neither the time or experience on any level to see reliable and sizable profits coming your way. It works well even with a small initial investment and even in the harshest and most unstable market conditions.

   
How it Works:
 

This forex trading robot works largely by reacting to changes in the market as they occur, keeping watch over real time market behavior 24/7. It first finds a reliable trading opportunity which it deems as being of high probability. This is key because it keeps much higher standards which currency pairs must meet before it will invest. This is a welcome breath of fresh air compared to the gunslinging automated traders we've tried in the past which go after any and all trades.

Once it finds a high probability trading opportunity it invests accordingly with the capital you give it to work with then rides a trend until it reverses to a point the program decides is best to exit at.

Because it's completely automated and keeps connected to real time market behavior 24 hours a day, it's always in a position to act on any kind of reversal first before its human trading counterparts. The publisher also stand by the product to offer a full 60 day money back guarantee, so that you can trade within the supplied demo account and see it work in virtual currency before you fully commit to it with real currency.

It was designed so that anyone, regardless of their trading experience could see reliable gains come from this market given the fact that it's completely automated and can be left untouched for weeks and months on end. With this in mind they offer simple quick to get started video guides so that you can set the program up and have it trading within minutes of downloading the program (you will need a metatrader 4 broker for the program to actually trade through, you can use the broker they suggest or choose your own).

What is also nice is that the program generates live trading results for you 24 hours a day, Monday through Friday, so that you can see it perform in real time before giving it any real money to invest with. This is in contrast to the other programs which merely provide back tests which are easily fabricated.

Refer to the admittedly cheesy video below for further information and testimonials from their website.

   
Additional Resources:
 
   
Pros/Cons
 
Pros
Cons
   
  • Simply put, this is the program that made us respect forex auto traders
  • Easily the fastest, most responsive auto trader we've tested to date
  • Most conservative trading system to date
  • Easy to understand video tutorials included to get you set up quickly and easily without having to be a techie or have a business degree
  • Friendly interface
  • Very fast and helpful email support
  • Connected demo account allows you to trade with virtual money rather than having to invest real money before seeing the benefits of this program
  • 8 week money back guarantee: We completely guarantee that you give it a shot with nothing to lose
  • Requires that you leave your computer on and that you have a reliable internet connection 24 hours a day if you run it from home
  • Monthly fee if you choose to run the program from their servers
  • No phone support

 

   
Overall Rating:
 

With high marks in reliability, ease of use, an 8 week money back guarantee, and an extremely low refund rate, as well as its uniqueness at being much more discerning in the trades which it enacts to yield a higher, near perfect winning rate overall, we give this program an overall 4.5 out of 5.

4.5/5

   
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2. Forex Killer

   

 

 

 

 

Forex Killer

FAP Turbo

   
What it Promises:
 

While Forex Killer doesn't qualify as a fully automated forex trading robot, it still qualifies as a automated signal generator which is essentially a stock picker but for the forex environment. This means that it performs the analytical work for you to detect signals or new trends in the forex market so that you can trade accordingly.

   
How it Works:
 

This program finds what it deems to be profitable trends so that you can invest using mathematical algorithms based on actual methods and strategies which the professional traders which they commissioned to help design this program use on a daily basis.

Because this program only finds well performing trends for you, you are obviously left with the task of initiating the trades based on the signals which it generates for you accordingly. Traders who prefer a more hands on approach in their trading will appreciate. Furthermore, if you strictly want the best tips, this is the one for you.

Because this program takes a little effort from you the trader, we obviously recommend that you have or know how to enact a forex trade yourself to use it. They have very good customer service to handles any questions or concerns you might have. With constant updates, this product continues to get better and better. For a limited time, there is a half price code upon purchase to cut the overall cost in half.

Check out this video below to learn more.

   
Additional Resources:
 
   
Pros/Cons
 
Pros
Cons
   
  • The most precise signal generator on the market
  • Great for more experienced traders looking to have a little more control over their trading
  • Fast and friendly customer service
  • 8 week money back guarantee, so receive a few picks and follow their performances in the market for yourself by sight at no risk
  • Requires more knowledge about enacting trades to use
  • No phone support

 

   
Overall Rating:
 

Dramatic names aside, with high marks in accuracy, an 8 week money back guarantee, and an extremely low refund rate, as well as its uniqueness at being one of the few truly effective signal generators which delivers near perfect winning rate overall on its recommended signals, we give this program an overall 4 out of 5.

4/5

   
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3. Forex Tracer

   

 

 

 

 

Forex Tracer

Forex Tracer

   
What it Promises:
 

Like FAP Turbo, Forex Tracer promises to begin and end trades for you in a completely automated fashion in the forex market. It's one of the older automated trading systems available today but has remained popular over the years.

   
How it Works:
 

Forex Tracer is one of the easier forex auto trading programs to pick up and use. You could tell that both ease of use and accessibility were on its publisher's minds while they were making this one. This, like FAP Turbo, is recommended for newcomers to the forex market.

A bonus you get with this program is the FX Cherry Picker which is basically this program's version of Forex Killer which they coupled with it to increase the overall value. Overall, however, as an forex trading robot goes it's not as responsive as FAP Turbo, nor as precise as Forex Killer as a signal generator in FX Cherry Picker, making this just an above average combo product to consider but still a solid choice above most other programs.

   
Additional Resources:
 
   
Pros/Cons
 
Pros
Cons
   
  • Combines adequate signal generator technology with a good forex trading robot
  • Great for beginners
  • Easy to pick up and get going with
  • Connected with demo account which allows you to trade again without having to invest money before seeing the benefits of this program
  • Overly aggressive in trading
  • Not as responsive as FAP as a forex trading robot
  • Not as precise as Forex Killer as a signal generator
  • No phone support

 

   
Overall Rating:
 

With high marks in reliability, ease of use, an 8 week money back guarantee, and an extremely low refund rate, as well as its uniqueness at being much more discerning in the trades which it enacts to yield a higher, near perfect winning rate overall, we give this program an overall 3.5 out of 5.

3.5/5

   
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