Algorithmic trading in the financial market has become widely adopted, as it greatly reduces the workload of a trader while improving trading performance. It is, however, important to choose the right trading robot. Traders Union analysts compiled a rating of the Best Free Forex Robots to make the choice easier.
What is a trading robot?
Trading robots are automated software programs that analyze markets and generate signals. Trading robots can perform trades automatically or provide signals to traders who can opt to open a position manually.
A trading robot strictly follows the strategy specified in its settings. No emotional factor is involved. Trading robots operate 24/7, and you can customize the settings to correspond to your strategy.
Best Free Forex Robots
Traders Union experts chose 9 top-performing free robots based on the analysis of over 100 robots. They are as follows:
- RoboForex
- 1000pip Climber
- Flex
- Fortnite
- Alfa Scalper
- Forex Gump
- EA Pros
- BinBotPro
- Coinrule
RoboForex Bot was chosen as the best performing trading robot. It was developed by the team of the RoboForex brokerage company. The bot has flexible settings and shows great results.
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