Whether you are a total beginner, investor or an experienced Forex trader, we have reviewed dozens of companies, services and software currently available in search of training and strategies which are profitable from those that are just money for old rope!

EA Robots Review Update

We have now published our findings on the recent growth of the Retail MT4 EA Robot and Automated Signal Provider Industry. To read this article reviewing Retail EA Robots please click here.

The Latest Trend - Some Good News

More recently we have found a growing number of available services that act as a front end for managing all your systems and strategies from signal providers. This includes full history of live trades, analysis, review and user feedback on thousands of available EAs and providers.

The difference between these EAs and signal providers and the Retail EA Robot market is that they are only available through these third party front end services and do not market themselves direct to Retail market.

Apart from providing extensive review and analysis of signal providers, these services provide a front end interface that can be linked to your existing or a new trading account (live or demo) to replicate trades from the providers automatically.

After linking to an account you just review, compare performance and then select from a choice of literally thousands of automated systems and live signal providers to place trades into your account.

The benefit of using these services is that every trade or update to a trade that the live trader (or EA Robot) makes is passed through the service providing a full, independant history giving you a very detailed analysis and ranking of every provider.

This is far better than trying to find an EA or strategy direct from just reviewing their own marketing material or online review sites that may or may not be trusted.

Some Even Better News...

Most of these new services are free and then you pay to subscribe to each signal provider (typically $200-$300 per month) to replicate trades into your account. However, the even better news is that we have found one completely zero cost provider, ZuluTrade. Instead of charging for the signals the service takes a small commission from your broker's spread for every trade placed.

We prefer this business model for many obvious reasons. Primarily because the signal providers are paid on performance - the more you earn then the more they earn. A win-win business model. If their systems aren't very good then nobody would follow them... because of this and to help you select providers the service shares the current trade volume and number of live traders following each signal provider.

Also consider that to cover a $300/month signal service you would need at least 3% net return off a minimum of $10,000 account balance. The majority of people coming into forex trading today are investing $300-$1,000 initially. Unfortunately this is why so many get suckered into $97 EA Robots - they have targeted the right market! So a zero cost service means you can move onto live trading from demo with minimal investment.

To find out more please have a look at our Live Results page where you can review our live trading account and full history of trades from a small range of signal providers we have selected from the thousands reviewed within the ZuluTrade user interface. There are a range of statistics and charts you can run from within the page to see the capabilities of the service... and of course how we are getting on from the EAs and signal providers selected.

These services are the closest to what we have always strived to achieve - a Network of Forex Winners!

Continue to Live Results