News & Analysis

Popular Expert Advisors on MetaTrader:

7 June 2022 By GO Markets


The following EAs are examples of Expert Advisors rated on Trustpilot. They have been rated by traders in general, however, please understand that past performances are not indication of future success. Below is a list of EAs, which you can purchase online, however there are several free ones you can find on the market, these are labelled (f), please do your own research when choosing the right EA for your own trading style, objectives, and risk settings.

  • 1000pip Climber – This EA has the highest rated metric on Trustpilot. Apart from the added support that is on offer by the developers, this EA is specifically impressive given its high yield in both trending and range bound markets.
  • Flex – Has been voted best EA on the market for an incredible 8 consecutive years! Flex requires a deposit of $3000 and works well in trending markets.
  • FXCharger – With a great yield of 77.3% and a high rating on Trustpilot, this EA opens trades every day and closes them at the right time, such that the trader earns a profit. FXCharger requires a deposit of $1000.
  • Fortnite – Another customisable EA that allows the user to change the settings according to the trading style they want. Is yield ranks around the 135%, it requires a deposit of $500.
  • Alfa Scalper – Using a scalping method to get trading opportunities this EA yields sits at 49.36% and has a rating of 8.57. Its one of the easiest EAs to use and requires a deposit of $100.
  • Forex Gump – It’s probably one of the most rated EAs by traders on the market, it has a rating of 8.52 and a yield of 2200%. It utilizes daily trading and scalping to make trading decisions. This one requires a small deposit of $40.
  • Trade Manager – With a 65.39% yield, you can create your own strategies and set your own parameters for the best results. A deposit of $100 is required.
  • Forex Diamond – Has a yield of 63.39%. This EA uses trend and countertrend strategies to make trading decisions, is fast, safe, and precise. Requires a deposit of $1000.

Below is a list of free experts’ advisors which you can look up with the power of the internet:

  • Trader New (f).
  • Daydream01 (f).
  • Calypso (f).
  • Day Profit SE (f).
  • Breakout11 (f).
  • Euro FX2 (f)
  • Channels (f).

As a trader it is important to know what type of trading you would like to do, this means what types of strategy, which markets and if you would benefit from the use of an EA or if you would prefer to trade manually. If you are thinking that having access to an EA might benefit your trading activity, then there are many available on the MQL5 commuminty.

If you are interested in automating your own strategy, then there are companies like TradeView that help traders to automate and create their own Expert Advisor without coding experience. GO Markets also provides access to their TradeView X platform via the client portal with a monthly subscription at a reduced cost other than directly with them.

By having an account with GO Markets you will also have access to our Metatrader 4 and 5 trading platform and a VPS (needed for EA traders).

Please visit us here to get started or call us directly and speak to one of our account managers on 03 8566 7680.


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Disclaimer: Articles are from GO Markets analysts and contributors and are based on their independent analysis or personal experiences. Views, opinions or trading styles expressed are their own, and should not be taken as either representative of or shared by GO Markets. Advice, if any, is of a ‘general’ nature and not based on your personal objectives, financial situation or needs. Consider how appropriate the advice, if any, is to your objectives, financial situation and needs, before acting on the advice. If the advice relates to acquiring a particular financial product, you should obtain and consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) for that product before making any decisions.