Category: Trading Bots

Explore free and paid trading bots, expert advisors (EAs), signal bots and step-by-step setup guides to automate your trades.

  • 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.