Algo Bots Research

Author: Saeed Khan

  • EazyBot Overview – Automated Trading, True Passive Income Potential!

    EazyBot Overview – Automated Trading, True Passive Income Potential!

    If you’ve ever wanted to make passive income from trading but felt it was too complex, you’re not alone.

    Many beginners get stuck with confusing charts, risky decisions, and too much stress. That’s where EazyBot comes in.

    EazyBot is a web based software platform that automatically buys and sells cryptocurrency with a built in proven, profitable strategy to generate profits.

    The platform is designed for beginners as it makes trading simple, safe, and stress free, so you can start building passive income, automatically even if you’ve never traded before.

    EazyBot Quick Summary

    • EazyBot is an online automated trading software, with built in strategy to generate profits from the Crypto markets.
    • Its software is beginner friendly.
    • No experience of trading required.
    • Since launch, EazyBot has experienced 3+ years of consistent profitability on documented, live accounts!
    • You don’t need to “deposit” your capital with EazyBot as throughout trading, your funds remain in your trading account, EazyBot only has permission to trade.
    • Anti rug pull proof, as funds always remain in your account.
    • The Eazybot strategy is 100% passive, which means you can generate true passive income.
    • The strategy is designed to generate profits from rising, falling and sideways markets!
    • In 2024 alone EazyBot has helped earn over 5.97 million dollars in net profit through safe secure automated crypto trading

    Effortless, Automated Trading

    It executes trades 24/7 according to pre-set algorithms, allowing you to potentially profit from the market even while you sleep, travel, or focus on other work.

    It removes the need for constant chart monitoring and emotional decision-making.

    Accessible to Everyone (No Experience Needed)

    You do not need to be a professional trader or a coding expert to use it.

    The platform is designed for simplicity, with a user-friendly interface that lets you start automated trading with just a few clicks after connecting your exchange account.

    Powerful, Pre-Built Strategies

    EazyBot comes with sophisticated, pre-configured trading algorithms (DCA – Dollar-Cost Averaging) that are designed to capitalize on market volatility.

    This gives you access to advanced strategies without the need to develop or understand the complex underlying math.

    Enhanced Security & Control

    EazyBot uses API keys to connect to your exchange account (like Binance or KuCoin).
    This means it never has access to your withdrawals or your actual funds, which remain secure on your exchange.

    You retain full custody of your capital at all times.

    Diversification and Risk Management

    The bot includes features designed to manage risk, such as customizable stop-loss and take-profit settings.

    It allows you to run multiple bot instances on different trading pairs, helping you diversify your trading portfolio and spread risk.

    Transparent Performance and Analytics

    The dashboard provides clear, real-time analytics on your bot’s performance, including profit/loss metrics, active trades, and history.
    This transparency allows you to track results and make informed decisions about your strategy.

    By automating the entire trading process, EazyBot saves you a significant amount of time and mental energy that would otherwise be spent on market research, analysis, and manual order placement.

    EazyBot’s Key Benefits And Features

    It Works Like a Personal Trading Assistant

    You connect it to your cryptocurrency exchange account, tell it your basic strategy, and it handles all the complicated buying and selling automatically, 24 hours a day.

    The EazyBot Strategy Works In All Market Conditions

    EazyBot is designed to generate profits from the constant ups and downs of the crypto market, without you having to manually trade  and watch the charts all day and night.

    You Don’t Need to Be an Expert

    It’s built for everyone. If you find crypto confusing, EazyBot handles the complex parts for you. You can set it up even if you’re a complete beginner.

    It Trades While You Sleep

    The bot never rests. It constantly looks for opportunities to make trades, so you can make money from the market at any time of day without having to do anything yourself.

    Your Money Stays Safe

    EazyBot only has permission to trade. It cannot withdraw or send your money anywhere else. Your cryptocurrency remains secure on your exchange account.

    Overview summary

    In summary, primary benefit is that it aims to make cryptocurrency trading simple and literally “easy” by providing an automated, secure, and user-friendly tool that allows anyone to participate in the market with the goal of generating potential profits, regardless of their technical knowledge or available time.

    To learn more about EazyBot and start risk free, with a free trial > click here.

  • ForexVPS.net Review: My Honest Experience & Is It Worth It?

    ForexVPS.net Review: My Honest Experience & Is It Worth It?

    Is ForexVPS A Reliable VPS for Algo Forex Trading? Let’s find out.

    If you are serious about algorithmic or automated Forex trading, you have probably heard the term “VPS” thrown around.

    A Virtual Private Server (VPS) can be the difference between a strategy that executes flawlessly and one that misses crucial market moves because of a poor internet connection or a home computer that shuts down.

    Finding the right Virtual Private Server (VPS) for algorithmic forex trading can make or break your trading success.

    With so many providers claiming to offer the best service, it becomes challenging to separate genuine quality from marketing fluff.

    When it comes to VPS for Forex,  ForexVPS.net is a very popular company. They aim to specialise on a service built specifically for traders, with a focus on low latency and rock-solid stability.

    And after testing and using ForexVPS.net for several months, I am writing this detailed review to share my first hand experience, of the good, the not so good and whether I believe its worth your investment.

    What Is ForexVPS.net?

    ForexVPS.net is a specialised VPS hosting provider designed specifically for forex traders and automated trading systems. Unlike generic VPS providers, this service focuses exclusively on delivering ultra-low latency connections, optimal uptime, and trading-specific features that professional traders require.

    The company has servers in 22 strategically located data centres worldwide, positioning their servers close to major financial exchanges and broker servers. This geographical advantage aims to minimise execution delays and slippage that can significantly impact trading profitability.

    Pricing and Plans (GBP and USD Examples)

    Here’s how their plans break down in in GBP at the time of publishing:

    Core – £27/$36/month | 2x vCPU | 4 GB RAM, | 100 GB SSD – Good for 1-3 MT4/EAs

    Edge – £42/$56/month | 4x vCPU | 6 GB RAM, | 150 GB SSD – Good for 3-6 MT4/EAs

    Prime- £57/$76/month | 6x vCPU | 8 GB RAM, | 200 GB SSD – Good for 6+ MT4/EAs

    Custom – If you want more than the above specs, you can contact them and request a custom plan based on your requirements.

    All plans include the following features:

    • 100% Uptime guarantee*
    • Dedicated IP address
    • All trading platforms
    • Automated backups
    • Resource spike protection
    • Cyber security protection
    • Trace route monitoring
    • Active load management
    • Trading analytics

    Pros and Cons

    Pros Cons
    Ultra-low latency (as low as 1 ms) Pricing is on the higher side (e.g., $36/month basic)
    100 % uptime guarantee with redundancy No phone support— only chat and email
    Over 22 global data-center locations Limited resource flexibility; no add-on slicing for RAM/CPU
    24/7 support via live chat and email If you want a little more, ram or cpu, you have to upgrade to  higher package
    Easy setup with MetaTrader integration No free trial – but you get the 14 day money back guarantee
    14-day money-back guarantee on VPS plans Windows only –  which may limit traders preferring Linux-based systems.

    My Personal Experience with ForexVPS.net

    I signed with the Core plan to test it with my MetaTrader 4 and 5 setups, running three Expert Advisors simultaneously.

    The onboarding process was straightforward, and I received my login credentials within minutes of payment confirmation.

    I’ve used ForexVPS for a couple of months now. Prior to that I used another service InterServer, which was great for the price, but that service was just a general VPS, they didn’t say specifically for Forex, as ForexVPS claims to be. So I thought, let me try ForexVPS,

    Setup and Initial Impressions

    The setup process was nice and easy in terms of simplicity.

    Although I’m ex IT and I usually know my way around general IT stuff, they had step by step guidance on how to get started, so this will be perfect for beginners.

    The control panel is intuitive, and connecting to the VPS through Remote Desktop Protocol (RDP) was seamless across Windows, Mac, and mobile devices.

    The pre-installed Windows environment came optimised for trading platforms, which saved considerable setup time.

    Performance During Live Trading

    Over a couple of months of continuous use, the VPS maintained impressive stability. My trading platforms experienced zero unexpected shutdowns, and the promised low latency proved accurate.

    During high-impact news events like Non-Farm Payroll releases, I noticed my platforms remained responsive even during these peak volatility periods.

    Here’s a summary of my experience and feedback from my usage:

    • Customer Service: The support team was very good and responsive whenever I had questions.

    • Server Performance: The VPS performance was excellent for the package I chose, and it handled my trading platforms smoothly without lag.

    • Remote Connection: Connecting remotely felt seamless. At times, it was as fast it almost felt like I was using a local desktop.

    • Price: I think the pricing is decent. You can find slightly cheaper VPS providers with the same specs, but ForexVPS is designed specifically for Forex trading. They optimise for latency and execution speed, which are critical for automated trading strategies.

    • Setup & Onboarding: Getting started was straightforward. The VPS was ready to go, and it didn’t take long before I had MetaTrader and my trading bots running.

    • Latency & Broker Connectivity: I noticed very low ping times when connecting to my broker’s servers, which gave me confidence in execution speed compared to running trades from my own computer.

    • Reliability: During my usage, the VPS was stable with no downtime or disconnections, which is exactly what you need when running trades 24/7.

    In addition, I’ve researched the following online to see what other users experiences:

    • Trustpilot reviews are consistently glowing: Users praise the simplicity, fast setup, low latency, and helpful support teams. One recent reviewer noted “Extremely simple set up process and responsive support… saving me a great deal of time and effort.” Trustpilot

    • Myfxbook reviews echo that: Traders mention clean environments, fast EA setup, reliable performance. As one put it: “ForexVPS.net is easy to set up and works smoothly… fast performance and no interruptions.” Myfxbook.com

    • But not all are perfect: A few users expressed concerns on Myfxbook about cost and occasional performance issues—“performance and cost are clear issues… expecting better performance.” Myfxbook.com

    • Forex Peace Army reviews are generally positive; one user had just one outage in two months and praised how hard the team worked to fix it. Forex Peace Army

    Overall, most traders I’ve seen are happy, particularly for latency-sensitive automated strategies.

    ForexVPS.net vs Competitors

    Compared to Generic VPS Providers

    Generic providers like DigitalOcean or Vultr offer servers starting from $5-10/month but lack trading-specific optimizations.

    They require manual configuration, do not guarantee trading platform compatibility, and typically have higher latency to broker servers.

    For serious traders, the additional cost of ForexVPS.net often justifies itself through improved execution quality.

    Compared to Other Trading VPS Services

    Among specialized trading VPS providers, ForexVPS.net positions itself at the premium end.

    Services like Cheap Forex VPS or VPSForexTrader offer lower prices but often with shared resources or fewer global locations.

    ForexVPS.net’s dedicated resources and extensive server network come at higher prices but deliver better performance, in other words, you get what you pay as the saying goes.

    What Makes ForexVPS.net Special?

    ForexVPS.net is a VPS provider designed specifically for traders with the following features:

    Offers ultra-low latency — servers claim execution speeds as low as 1 ms. That’s crucial when every millisecond counts in Forex trading. This translates to better fill prices and reduced slippage, particularly beneficial for scalping and high-frequency trading strategies.

    Promises 100 % uptime guarantee, backed by SLA — so your bots or trades won’t miss a beat.

    Global Server Network — With 22 locations including major financial centres like London, New York, Singapore, and Frankfurt, finding a server close to your broker is straightforward. In addition, powered by Equinix data centres — ideal for proximity to brokers.

    Comprehensive Security — The cyber security protection and automated backup systems provide peace of mind for continuous trading operations.

    Trading Focused Features —Unlike generic VPS providers, ForexVPS.net includes trading-specific benefits like resource spike protection during news events and compatibility optimization for popular trading platforms.

    Flexible Payment Options     — Accepts credit cards, PayPal, Skrill, and cryptocurrency payments, catering to diverse trader preferences.

    Seamless integration     —with MetaTrader 4/5, auto startup, remote connectivity via browser or RDP

    Who Should Consider ForexVPS.net?

    • Algo Traders using EAs or bots: Traders running multiple Expert Advisors or algorithmic strategies that require consistent uptime and low latency.

    • Professional Traders: Those with significant trading capital who can justify the monthly cost through improved execution quality and reduced slippage.

    • High-frequency traders: Every millisecond counts; this setup delivers.

    • Traders needing reliability: With guaranteed uptime and global locations, this is tough to beat.

    • Professionals or institutions: Dedicated server options offer serious horsepower.

    • Scalping Specialists: Short-term traders where milliseconds matter and execution speed directly impacts profitability.

    • International Traders: Those trading across different time zones who need 24/7 platform availability without depending on their home internet connection.

      Who ForexVPS May Not Be Suitable For

      Casual Traders: Recreational traders with small account sizes may not justify the premium cost and improved performance as they would most likely just use their mobile devices to trade.

      Manual Only Traders: Those who trade manually without automation may not benefit significantly from the specialized features.

      Budget Conscious Beginners: New traders learning the basics might prefer starting with cheaper alternatives until their trading volume increases. In this case, you may want to check out a cheaper alternative, such as InterServer, which I’ve also used and decent for beginner and budget conscious traders.

      Frequently Asked Questions

      Is ForexVPS.net suitable for beginners?

      While beginners can use the service, the premium pricing and advanced features are primarily designed for experienced traders. New traders might benefit more from starting with cheaper alternatives until their trading volume justifies the cost.

      Can I run MT4 and MT5 simultaneously?

      Yes, all plans support running multiple trading platforms simultaneously. The Core plan handles 1-3 platforms, while higher-tier plans support more concurrent platforms.

      What happens if I exceed my plan’s resources?

      The service includes resource spike protection that temporarily allocates additional resources during peak usage. For sustained higher requirements, upgrading to a larger plan is recommended.

      Do they offer refunds?

      Yes, ForexVPS.net provides a 14-day money-back guarantee, allowing you to test the service risk-free.

      Which server location should I choose?

      Select the location closest to your broker’s servers. The company provides a broker latency database to help identify optimal server locations for your specific broker.

      Value for Money Assessment

      At $36-76/month, ForexVPS.net is undeniably expensive compared to other general VPS alternatives. However, the value proposition becomes clearer when considering the following, who are serious about professional forex trading:

      Potential Slippage Savings: Reducing average slippage by just 0.5 pips per trade can save hundreds of dollars monthly for active traders, easily offsetting the VPS cost.

      Time Savings: The trading-optimized environment eliminates hours of manual configuration and troubleshooting required with generic providers.

      Risk Reduction: Guaranteed uptime and professional support minimize the risk of platform failures during critical trading periods.

      Opportunity Cost: Missing profitable trades due to connectivity issues or platform crashes can cost significantly more than the monthly VPS fee.

      Final Thoughts

      ForexVPS.net is a strong, reliable VPS solution tailored for traders who demand speed, uptime, and trader-friendly features. It isn’t the cheapest option out there, but you’re paying for performance and peace of mind.

      If you run automated strategies, need low latency, and value responsive support, I think it’s worth it.

      However, the higher price makes it better suited for serious traders who can see the value in better speed and performance. For casual traders or those with small accounts, the cost might be hard to justify.

      Overall, ForexVPS is a strong choice if you want to run automated trading systems, where speed, stability, and uptime are more important than saving a little money on hosting.

      ForexVPS currently offers a 20% discount code, Code: EXTRA20OFF, and also a 14-day money-back guarantee. If you’d like to explore ForexVPS.net for yourself, you can check out their plans here.
  • How to get cashback on every forex trade and earn passive income, even on losing trades!

    How to get cashback on every forex trade and earn passive income, even on losing trades!

    When it comes to forex algo trading, you obviously need a forex account to trade.

    So if your trading bot is making automated trades anyways, what if you could earn automatic passive income on every forex trade your trading bot closes, even the losing ones?

    Luckily that’s now possible with a special type of forex cash back account.

    It’s basically a normal forex account but with a cashback feature integrated.

    Let’s dive into this topic in more detail because I love passive income!…

    What is Forex Cash Back?

    Forex cash back is like getting money back when you shop, but for trading. Every time you make a forex trade, you get some money back. It does not matter if your trade wins or loses – you still get cash back.

    Think of it like a reward programme. When you buy coffee, you might get points. With forex cash back, you get real money for every trade you make.

    How Does Forex Cash Back Work?

    The way forex cash back works is simple. When you trade, your broker makes money from spreads. Spreads are the small difference between buying and selling prices.

    Cash back companies like CashBackForex have deals with forex brokers. The brokers share some of their money with these companies. Then, the cash back companies give part of this money to you.

    You do not need to do anything special. Once you set up your cash back account, the money comes to you automatically. Every trade you make gets you cash back.

    Why Use Forex Cash Back Accounts?

    Get Money Every Day

    The best thing about forex cash back is that you earn money every day you trade. Even if your trades lose money, you still get cash back. This means you have two ways to make money from trading.

    Lower Trading Costs

    Cash back makes trading cheaper. If you pay $10 in spreads but get $3 back, you only really paid $7. For people who trade a lot, this saves real money.

    No Extra Risk

    You do not take on any new risks with cash back. You make the same trades you were already making. The cash back is just a bonus on top.

    Works with Any Trading Style

    Cash back works no matter how you trade. You might trade once a week or 100 times a day. You might use trading robots or trade by hand. Either way, you get cash back.

    Which Type of Traders Should Consider Forex Cash Back Accounts?

    Almost every forex trader should consider cash back accounts. But some people benefit more than others.

    People Who Trade A Lot: If you make many trades each day, the cash back adds up fast. Even small amounts per trade become big numbers over time.

    Robot Traders: People who use trading robots often make more trades than manual traders. More trades mean more cash back opportunities.

    New Traders: Beginners can use the extra money while they learn to trade. The cash back helps pay for the cost of learning.

    Any Trader: Even if you only trade once a month, why not get money back? There is no reason not to sign up.

    How Much Cash Back Can You Get?

    The amount you get back depends on a few things. These include your broker, the currency pairs you trade, and how much you trade.

    With only 20 trades per day (0.1 lot size) and a rebate level of 0.5 pips, you could be making a monthly profit of $210 or a yearly profit of $2,520.

    Here is another example: If you get $3 cash back for each lot you trade and you trade 10 lots per month, that is $30 extra money. Over a year, this becomes $360. If you trade more, you earn more.

    CashBackForex, my personal favorite, often offers higher rates than other companies. For example, while other sites might list $4 per lot, through their best rate guarantee, some traders get $6 per lot instead.

    Why Automated Trading and Cashback Are a Perfect Match

    Automated, algo trading is becoming the go-to method for many traders who want to save time and reduce the stress of manual trading.

    By using trading bots or Expert Advisors (EAs), your trades can be opened and closed automatically, based on a strategy that runs 24/7 without emotions or hesitation.

    This means you can take advantage of opportunities in the forex market at any time, even while you sleep.

    Now, when you combine this with cashback on every trade, you create a powerful system for extra income.

    Cashback rewards you with a small rebate on every trade your account makes, win or lose.

    So even on losing trades, you are still earning something back.

    Over time, these rebates can add up to a meaningful stream of passive income, especially if your bot trades frequently.

    The benefits are clear:

    • Extra passive income on every trade, regardless of the result.
    • Reduced trading costs, as cashback can offset spreads or commissions.
    • Perfect fit for automated systems, since frequent trading means more cashback.
    • No extra effort required, everything is automatic once you set it up.
    • Compounding advantage, as cashback can be reinvested to grow your account faster.

    Automated trading alone helps you scale and grow your income streams, but with cashback, you’re squeezing even more value out of each trade.

    For traders looking to maximise their results with minimum effort, this combination is hard to beat.

    How to Start with CashBackForex

    1. Click here to go to CashBackForex and look at their list of brokers
    2. Sign Up: Create your free account with basic details
    3. Choose Your Broker: Pick from their list of partner brokers,
    4. Open Your Trading Account: Open your forex account through their link
    5. Start Trading: Begin trading as normal and watch the cash back build up

    The whole process takes just a few minutes.

    Real Trader Reviews

    Traders praise CashBackForex.com for their excellent service, saying they have better support than many brokers and that they can beat any competitor rate if you prove somebody else has a higher rate.

    Many traders appreciate the daily payments and the fact that the company has been around since 2007, showing they are reliable and trustworthy.

    I also personally use CashBackForex for many of my trading accounts that are eligible for cashback.

    Why CashBackForex.com Beats the Competition

    Here is why CashBackForex.com is the best choice for forex cash back:

    • Longest Track Record: Running since 2007, showing they are reliable
    • Best Rate Guarantee: They will beat any competitor’s rate
    • Daily Payments: Get your money faster than with other companies
    • Excellent Support: Better customer service than most brokers
    • Wide Broker Selection: Work with the broker you want

    Common Worries About Forex Cash Back Platforms.

    • “This Sounds Too Good” –  Some people think forex cash back is a trick. It is not. This is a real business where everyone wins. Brokers get more customers, cash back companies get fees, and traders get money back.
    • “It Will Change My Trading” –  Good cash back systems do not change your trading at all. Your trades work exactly the same way. The spreads are the same. The only difference is you get money back.
    • “The Money is Too Small” – Single cash back payments might look small. But they add up over time. For active traders, this extra money can be quite a lot.
    • Is Forex Cashback Legitimate? – Yes, legitimate Forex cashback is a very real and transparent service. It is crucial, however, to use a reputable provider. A trusted company like CashbackForex.com has established relationships with major brokers and operates with a clear payment structure. Always ensure you choose a well-reviewed and established service.

    Things to Keep in Mind

    While Forex Cashback is powerful, there are a few points to note:

    • Stay disciplined with your trading strategy. Cashback isn’t a reason to overtrade.
    • Some brokers may have restrictions on rebate-eligible trades. Always check details.
    • Minimum payout thresholds may apply, depending on your account setup.

    Forex cash back does not add any risk to your trading. But remember that forex trading itself can be risky. You can lose money.

    Do not let cash back change how you manage risk.

    Do not trade more just to get more cash back.

    The extra money should be seen as a bonus, not your main way to make money.

    Keep focusing on learning and trading good, profitable trading strategies with your trading bots, and ensure your bots are managing risk properly.

    Final Thoughts

    Forex cash back accounts are a real way to make extra money from trading.

    If you already trade forex, joining Cashback Forex is a smart move. It doesn’t cost anything, it reduces your trading expenses, and it pays you automatically, month after month.

    Whether you are a beginner or an expert trader, whether you trade manually or use robots, using trusted cashback platforms like CashBackForex.com can help you earn extra money from every trade you make.

    For automated traders, this is one of the easiest ways to boost long-term profitability. Even when your bot has a losing trade, you still earn. That’s the power of Cashback Forex.

    Remember, cash back gives you extra income, but you still need knowledge and skill to trade forex successfully.

    Good risk management and trading strategy are still some of the most important things in trading.

    The cash back is just a nice bonus or “cherry” on top 🙂

    Start earning cash back on your forex trades today and watch your extra income grow with every trade you make, even losing ones!

    Click here to get started with CashBackForex

  • Free forex Expert Advisors on MQL5: Automate your trading without spending a penny

    If you’re looking to automate your trading without spending a fortune, then the Free Expert Advisors on the MQL5 marketplace could be exactly what you need. 

    What are Expert Advisors

    Expert Advisors are simply software programs that run on the MetaTrader 4 platform. 

    On the MetaTrader platform, Expert Advisors are basically algorithmic trading bots with a different name.

    They can automatically analyse the market, open trades, and even close them for you. 

    Also commonly referred to as “EA”s, you don’t need to watch the charts all day. It’s like having your own personal trader that works for you 24/7:-)

    Why choose free EAs from the MQL5 marketplace?

    MQL5’s marketplace offers a wide variety of free EAs for MetaTrader 4 and Meta Trader 5. 

    Here’s why they’re worth checking out:

    • No cost – You can try them without spending a penny. Perfect if you’re new to trading or want to test new strategies.
    • Variety of strategies – From scalping to trend-following, there’s an EA for every style.
    • Community ratings – Free EAs often come with user reviews, so you can see how well they perform.
    • Instant download – Get started in minutes without complicated setups.

    Benefits of using Free EAs

    • Automated trading – Let the EA handle the trades for you, reducing stress and emotion-based decisions.
    • Time-saving – No need to monitor the charts constantly. You can focus on other things in life while your EA trading bots do the trading for you.
    • Learning tools – EAs can teach you about various trading strategies and market patterns as they are based on various technical analysis strategies. 
    • Testing with virtual funds – Try them on demo accounts first to understand how they work and whether they are likely to be profitable, without risking real money.

    How to get started with free EA’s from MQL market place. 

    1. Go to the MQL5 EA Market at: https://www.mql5.com/en/market
    2. On the left menu, click on the metatrader 4 or 5 section, whichever one your trading account is on. 

    3. Make sure you click on the “free” tab to see the list of all the free EAs

    4. Browse the collection and check the user ratings for each EA

    5. Download the EA to your MetaTrader 4/5 platform depending on what platform you’re using. 

    6. It is always a good idea to attach it to a demo account first to test performance.

    7. Once activated, start observing how it handles trades automatically.

    8. You can test the EAs on demo accounts for as long as you want, but the longer you let it run, the more useful performance data you’ll get.

    Tips for using free EAs successfully

    • Always test on demo first – never run a free EA straight on a live account.
    • Run long tests – the longer you test, the more reliable the results.
    • Check different market conditions – test in trending, ranging, and news periods.
    • Don’t over leverage – use small lot sizes to keep risk low.
    • Backtest and forward test – use both history data and live demo to see consistency.
    • Track results carefully – keep a simple journal or use MyFXBook/FX Blue.
    • Avoid “set and forget” – monitor the EA regularly in case market changes.
    • Update settings – adjust based on results, don’t just use default blindly.
    • Use good brokers – spreads, slippage, and execution speed affect EA performance.
    • Free doesn’t always mean bad – but most free EAs are quite basic, so it’s important to keep your expectations realistic

    Final thoughts

    Free MT4 EAs from the MQL5 marketplace are a great way to start your journey into automated trading. 

    They allow you to learn, test, and practice without financial risk. 

    While a lot of the free EAs are often basic, they still provide real value for beginners who want to understand how trading bots work in different market conditions.

    Personally, I enjoy exploring the MQL5 marketplace because I know the EAs come from a trusted and legitimate platform.

    It gives me confidence that I’m downloading tools safely, without worrying about shady or pirated software. 

    Over time, testing these free EAs has helped me build experience, improve my trading knowledge, and discover which strategies fit my style best.

    Keep an eye out for future posts, as I’ll be sharing a series on free EAs whenever I discover new ones.

     

  • How to choose a forex VPS for algo trading

    If you’re trading with a Forex EA, one of the smartest moves you can make is using a VPS.

    Why?

    Because a Forex VPS keeps your trading bot running 24/7, even if your computer is off or your internet drops.

    But here’s the thing…

    Not all VPS providers are the same. 

    And if you choose the wrong one, you could end up with slow execution, downtime, or even missed trades.

    In this post, I’ll break down the key things to look for when choosing a Forex VPS, so you can keep your trades running smoothly and avoid headaches.

    Let’s get into it.

    What is a Forex VPS?

    A Forex VPS (Virtual Private Server) is like a computer that lives in the cloud. You can use it to run your Forex trading software (like MT4 or MT5) all the time — even when your own computer is off.

    Why use a forex VPS?

    • Always On: Your trading robot (EA) keeps running 24/7
    • Fast Trades: Faster connection to your broker, less delay
    • No Interruptions: No worries about power cuts or internet problems at home
    • Safe & Secure: Runs in a protected, professional data center
    • Access Anywhere: You can log in from your phone or laptop, anywhere in the world

    Who should use a forex VPS?

    • If you use a trading robot (Expert Advisor)
    • If you want your trades to keep running without watching your screen
    • If your trading style needs fast and accurate execution
    • If you want to trade passively, while you sleep or work

    What to look for in a good Forex VPS

    • Low Latency Connection to Broker
    • Choose a VPS close to your broker’s servers (e.g., London or New York)
    • Lower latency = faster trade execution
    • Ideal latency: <5 ms
    • High Uptime Guarantee, Look for 99.9% uptime or higher
    • VPS should run 24/7 without interruptions

    Sufficient specs for trading latforms

    • Minimum: 1 GB RAM, 1 CPU core (for light EA use)
    • Better: 2–4 GB RAM, SSD storage, stable CPU
    • Ensure smooth performance of MT4/MT5 and multiple charts

    Here’s a screenshot of my server:

     

    Easy MT4/MT5 compatibility

    • Should allow quick and easy installation of MetaTrader
    • Windows-based VPS is best for compatibility
    • Some VPS providers even pre-install MT4 for you

    Forex- friendly hosting providers

    • Choose providers that specialize in Forex
    • These have optimized setups and better support

    Security & remote access

    • Encrypted Remote Desktop Protocol (RDP) access
    • Firewall & antivirus protection
    • Ability to restart VPS remotely

     

    Scalable plans

    • Start with a basic plan and upgrade as needed
    • More EAs = more resources needed

    24/7 Technical Support

    • Quick help if something goes wrong
    • Look for providers with live chat or fast email support as minimum.

    My favorite VPS’s 

    ForexVPS and Interserver

    Interserver: Cheaper monthly packages from $10 per month. 

    ForexVPS: I stuck with ForexVPS as I find it to be much better performance.

    Learn about ForexVPS here

    Learn about Interserver here

  • What I look for when choosing a forex account for algo trading

    Want to grow your Forex trading account faster, even if you’re starting small?

    The secret might not be in your strategy alone… but in also choosing the right broker and setup.

    From high leverage to cashback rewards, I want to share some things what smart traders look for when setting up for success with Expert Advisors (EAs) and automation.

    Here are the key things I personally look for when considering a Forex Broker:

    1:500 leverage
    With 1:500 leverage, you can control big trades using a small amount of money.

    This helps you enter the market with less capital while still having the potential to earn bigger returns.

    But be careful — higher leverage also increases risk, so always manage your trades wisely.

    Ability to trade large lot sizes
    High leverage also gives you the ability to trade larger lot sizes.

    This is useful when your trading strategy or EA performs better with larger positions.

    Even if your account is small, you can still take advantage of larger trade sizes.

    Regulated broker
    Always trade with a broker that is regulated by trusted authorities like: FCA (UK),  ASIC (Australia), CySEC (Cyprus)

    You can usually find regulatory details at the bottom of the broker’s website. Also, check their Trustpilot reviews to make sure they are reliable and trusted by other traders.

    Expert Advisor support
    If you’re using trading bots, make sure your broker allows automated trading. Expert Advisors (EAs) are software programs that follow a built-in strategy and trade for you. A good broker will fully support EAs on platforms like MT4 and MT5.

    Low spreads
    Low spreads mean you pay less to open and close a trade.

    This helps you keep more of your profits.

    Avoid brokers that have wide spreads, hidden fees, or high overnight charges (also called swaps).

    Interest-free (swap-free) accounts
    Some brokers offer swap-free accounts for traders who follow Islamic finance principles.

    These accounts don’t charge interest on trades left open overnight.

    You may need to provide proof of faith, like an Islamic marriage certificate, to open one.

    MT4 and MT5 Compatibility
    Most Forex bots only work with MT4 or MT5.

    Make sure your broker offers these platforms on desktop, mobile, and web so you can manage your trading anytime, anywhere.

    Convenient deposit & withdrawal methods
    Look for brokers that offer fast and flexible deposit and withdrawal options, such as: Bank transfers, Crypto, PayPal, Skrill or Neteller.

    Quick and reliable payments make trading much easier and stress-free.

    Reliable Customer support
    Good support is essential when you’re trading with EAs.

    Choose brokers that offer: 24/5 or 24/7 live chat.

    Fast email responses. Phone support for emergencies

    You’ll want help quickly if something goes wrong with your account or trades.

    Cashback Forex Account
    Did you know you can earn money just by placing trades? Even losing ones?

    Cashback Forex accounts give you small rewards on every trade — even if you lose.

    I use a cashback account myself, and I earn a little extra from every lot traded.

    It’s a great way to build passive income on the side.

    Here’s a link to my favorite cashback site.

    Forex Brokers I personally use
    I personally use and recommend these brokers because they support all the features above:

    IC Markets

    FXOpen

    TickMill

    They offer strong regulation, EA support, low spreads, fast payments, and great customer service.

    Conclusion
    Choosing the right broker and tools can make a big difference in your Forex trading success.

    Whether you’re using a small account or running multiple bots, I’d make sure my setup includes everything mentioned in this guide.