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Forex Robots and automated trading systems
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Before going into a discussion about Forex robot, it is necessary perhaps to understand what the term actually means. A Forex robot is a forex software, available in the market, which efficiently handles the process of currency trading for a client. It knows when to enter, to continue and to exit a trade so as to make a profit for you. Most of the traders opt for the Forex robot because it saves them the trouble of having to enter the trades manually. When you are working manually, you need to exert yourself a lot, trying to keep abreast of all the developments and changes taking place in the trade market everyday. A Forex robot can relieve you of this burden by entering the necessary information automatically.
| Robot or automated system name | Description | Download link |
| AI Forex Robot | AI (Artificial Intelligence) Forex robot for intelligent trading | http://forex-ai.com/ |
| Caliber FX Pro | Caliber FX Pro - newbie friendly | not available now |
| Fap Turbo | Fap Turbo starts rolling the wheels of fortune |  |
| Forex Apocalypse | Forex Apocalypse: bringing about a new forex trade | |
| Forex Black Panther | Forex Black Panther hunts out the best deals | http://www.forex-blackpanther.com/ |
| Forex Bling | Forex Bling works before you blink! | |
| Forex Brilliance | Forex Brilliance: a dazzling performance | http://www.forexbrilliance.net/ |
| Forex Cash Evolution | Forex Cash Evolution to evolve a new "you" | SOLD OUT |
| Forex fantasy | Set your fantasies soaring with Forex Fantasy | not available now |
| Forex GForce | Forex Gforce to make your profits grow | Closed Down |
| Forex Humanoid | Forex Humanoid to advance your trade | http://www.forexhumanoid.com/ |
| Forex Juggernaut | Forex Juggernaut: cannot be stopped | not available |
| Forex killer | Forex Killer: to make a profitable killing | |
| Forex Knight Rider | Forex Knight Rider - a next generation product | |
| Forex maestro | Forex Maestro plays the forex market | SOLD OUT |
| Forex Magic Bullet | Topical Forex robot - Forex Magic Bullet | |
| Forex magic machine | Forex Magic Machine to enchant you | http://www.forexmagicmachine.net/ |
| Forex megadroid | Forex Megadroid: the mega challenge | |
| Forex Monster | Choice of small traders - Forex Monster | SOLD OUT |
| Forex Nuke | Forex Nuke - future Forex robot | |
| Forex Revolver | Forex Revolver robot - trade effortlessly | |
| Forex Ripper | Forex Ripper - double treat | |
| Forex Slasher | Forex Slasher - powerful technology | http://forexslasher.com/ |
| Forex Spectrum | Try Forex Spectrum before invest real money | |
| Forex Supernatural | Forex Supernatural - magical | |
| Forex Torpedo | Forex Torpedo robot | not available |
| Forex tracer | Forex Tracer: tracks your investments | not available |
| Forex Transporter | Forex Transporter: your million dollar is not a dream anymore | |
| Forex Warlord | Forex Warlord - lord of all forex robots | http://www.forexwarlord.com/ |
| GBPBot | GBPBOT - delight for gbp trading fans | not available now |
| IvyBot | Ivy Bot - forex trader's comrade | SOLD OUT |
| StealPips | Now anyone can rob the forex market the lawful way - StealPips | |
Experts are constantly working at updating the forex robot as they need software that is compatible with the constantly changing market. Most robots are prepackaged to deal with one currency pair and this could lead to problems. That is why there is this constant need to upgrade the software in order to get as much out of it as possible.
The best top five Forex robots in use are:
- Forex Megadroid: The Forex Megadroid is the best thing to happen on the automated forex robot scene. It has a profit accuracy of 95.82%. It is easy to download and reasonably priced. It comes with features that are guaranteed to fulfil everyone's expectations. It is the only Forex robot that has withstood all sorts of market conditions.
- Fap Turbo is another automated robot that doubles accounts in a few weeks. It minimizes the chances of loss by bringing in small profits at regular intervals, thus proving to be one of the most reliable automated systems.
- Forex Bling: It is the first automated robot to use 6 Forex robots together that is, 6 experts to advise you . In this way your portfolio undergoes actual diversification and can thus adapt to any market condition.
- AI Forex robot: The AI Robot was created with a target of tripling one's income every month.
- Ivybot: Ivy Bot is an automated forex robot system, consisting of 4 forex robots, each dedicated to its own currency pair, improving trade and profitability. This system has been developed by the graduates of Ivy League universities and as expected, is a very sophisticated trading machinery. As such, this system has been thoroughly tested and tried and proves to be a totally automated system that offers solutions to people who wish to trade in the forex market without help from other human beings.
Some other forex robots to hit the market recently are Forex Invincible, Forex Black Panther, Forex Torpedo and Stealpips.
Some traders are known to use the automated trading system to manage their total trade whereas some others use it to receive help in certain areas of their business. The strategies you adopt as well as the way in which the finances are managed are responsible for the success of the automated robots. Backtesting is needed in order to understand how well an automated forex robot system works.
If you are relatively new to the system and would like to install an automated forex robot to assist you in carrying out the day-to-day activities related to your trade, you need to exercise proper caution. It would be advisable to opt for the robots that demand a payment rather than download a free one for testing because the free models are likely to fall apart a few days later. The ones that ask for payment are likely to be more authentic and help you to collect your profit.