Best Choice

FAP Turbo 3.0 FX Robot

FAP Turbo
  • Available on both Mt4 and Mt5
  • Offers a 7-day free trial
  • Works on FX & Bitcoin as well

Forex Pulse Detector

Forex Pulse Detector removebg preview
  • Have a recovery system in-built
  • All Brokers compatible
Best for XAUUSD

Golden Pickaxe

Golden Pickaxe removebg preview
  • Works on XAUUSD [Gold]
  • Mean-reversion grid trading
  • Available on MT4 and MT5

Are you curious about the world of AI Forex trading bots? As the financial markets evolve, so does the technology used to navigate them. AI Forex trading bots are revolutionizing the way we trade, offering precision, speed, and efficiency that human traders can't match.

In this article, we delve into the realm of the 12+ Best AI Forex Trading Bots 2024 exploring their key features, performance, and pricing plans. But which of these bots truly stands out in the crowded Forex market? And how can they transform your trading experience? 

Stay tuned as we unravel these intriguing questions.

What are AI Forex Trading Bots and How do they Work?

Best AI Forex Trading Bots

AI Forex Trading Bots are algorithmic software that automates forex trades based on pre-determined logic. They use artificial intelligence to analyze market data in real time, allowing for quicker decision-making than a human trader. 

These bots can be programmed to follow specific trading strategies, making them suitable for both experienced and novice traders. However, it's important to note that while trading bots can offer advantages, they also come with risks. The decision-making ultimately lies with the trader, and the bot simply executes trades based on predetermined rules. It's crucial to do thorough research, read reviews, and compare different options before making a decision.

List of the Best AI Forex Trading Bots

AI Forex Trading BotsOne-time fee of $1980
FAP Turbo 3.0Subscription fee of $39.95
Forex Pulse Detector$39 as a one-time payment
WallStreet Forex Robot 3.0$297 for a single live account license
Night Hunter Pro$1980 for a one-time payment
Evening Scalper Pro$1980 includes lifetime access
Golden PickaxeDiscounted price available of $665
Waka Waka EAOne time fee of $1980
Perceptrader AI30-day money-back guarantee
GPS Forex RobotOne-time fee of $149
Forex Gump EA€199 for one live account
1000pip Climber SystemPrices vary from $97 to $299
IG$40 per month
Forex Fury$229.99 for Gold Lifetime Membership

1. FAP Turbo 3.0

FAP Turbo

Being One of the Best AI Forex Trading Bots FAP Turbo is a well-known automated AI Forex Trading robot that has been on the market for several years. It is designed to work with the MetaTrader platform and can execute trades on behalf of users based on pre-set parameters. 

FAP Turbo is particularly noted for its scalping strategy, which involves making numerous trades to capture small profit margins. Over the years, it has evolved with various versions, each promising to offer improved features and trading strategies to help traders potentially increase their profits in the forex market.

Key Features

  • Fully automated trading is available on MetaTrader 4 and 5 platforms.
  • Scalping strategy targeting small, regular profits.
  • Trades multiple currency pairs including Bitcoin.
  • Built-in risk management with stop-loss and take-profit settings.
  • User-friendly interface for easy setup and operation.
  • Requires continuous tweaking and optimization for best results.

FAP Turbo Price

  • FAP Turbo 3 is available for a monthly subscription fee of $39.95
  • A one-time purchase option for $149 includes free updates and lifetime customer service.
  • It can be used on two real accounts with the purchase.  
  • Offers a 7-day free trial period.

2. Forex Pulse Detector

Forex Plus Detector

Forex Pulse Detector is a sophisticated, fully automated AI Trading Bot designed to leverage market impulses. It employs a complex trading system that uses popular forex indicators like Heiken Ashi, Commodity Channel Index, and MA, among others, to make informed trading decisions.

The system performs numerous mathematical calculations on price and other factors before opening a new position. It is designed to exploit market impulses by identifying market reversals through its various indicator sets.

Key Features

  • Uses popular forex indicators such as Heiken Ashi, Commodity Channel Index, MA, and others.
  • Integrated money and account management.
  • Inbuilt advanced loss recovery system.
  • Compatibility with all brokers and other EAs.
  • High spread and slippage protection.
  • The system uses a combination of scalping and grid strategies.
  • It works on two currency pairs currently: EURGBP and GBPUSD.
  • Real-money account performance shows a total return of 110.39%.
  • Average win of 244.13 pips and an average loss of -369.53 pips.
  • Fully automated trading system.

Forex Pulse Detector Price

  • Available for $39 as a one-time payment.
  • The package includes 1 real and 2 demo accounts, lifetime updates, and 24/7 support.
  • A 60-day money-back guarantee is offered.

3. WallStreet Forex Robot 3.0

WallStreet Forex Robot 3.0

WallStreet Forex Robot 3.0 is an advanced automated trading system that has been rigorously tested and optimized over the past 20 years to ensure reliable performance across various market conditions.

It is designed to work with the MetaTrader platform, executing trades with a high level of precision and efficiency. The robot's robustness and adaptability have been proven through a decade of backtests and real-money account trading, making it a trusted tool for traders looking to enhance their forex trading strategies.

Key Features

  • Advanced, time-tested trading algorithm.
  • Compatible with MetaTrader 4 and 5 platforms.
  • High spread and slippage protection systems.
  • Advanced Money Management features.
  • Email/Mobile Push Notification System.
  • Proven track record over 20 years of testing.
  • Adapts to multiple currency pairs.
  • Real-money account performance is available for verification.

WallStreet Forex Robot 3.0 Price

  • One-time payment of $297 for a single live account license.
  • Periodic discounts are frequently offered.
  • It comes in three packages: BASIC, PREMIUM, and ULTIMATE, with multiple EAs included in the higher-tier packages.
  • 60-day 100% money-back guarantee.

4. Night Hunter Pro

Night Hunter Pro

Night Hunter Pro is an advanced scalping system developed by Valeriia Mishchenko, designed to identify the safest entry points during calm periods of the market. This Expert Advisor (EA) is focused on long-term stable growth, utilizing smart entry/exit algorithms and sophisticated filtering methods. It has a live track record of stable trading with low drawdowns, demonstrating its effectiveness and reliability in the forex market. Night Hunter is one of the Best AI Trading Bots.

Key Features

  • Supports multiple currency pairs.
  • The recommended timeframe for optimal performance is M5.
  • Suitable for FTMO, enabling use for Prop Firm challenges.
  • FIFO compatible, making it accessible to American traders.
  • Uses pending orders for trade entries and includes a stop loss for each trade.
  • Includes time settings, strategy settings, and news filters.
  • Has a live track record with many months of stable trading with low drawdown.
  • The total gain was +200.42%, with a profit factor of 1.81. The peak drawdown value of the system was 15.58%, which is considered low.

Night Hunter Pro Price

  • The standard price is $1980 for a one-time payment, which includes lifetime access, 10 MetaTrader 4 or 5 accounts, free updates, and access to a user dashboard.
  • There is a limited discount price available at $1665, which also includes a lifetime license for 10 MT4 or MT5 accounts, 3 different set files, user dashboard access, a free Volatility filter indicator, and access to 6 months of ValeryVPS.

5. Evening Scalper Pro

Evening Scalper Pro

Evening Scalper Pro is a highly-rated AI Forex Trading Bot, developed by Valeriia Mishchenko. It employs a scalping strategy during the late New York session, a time typically characterized by low market activity. This tool is designed to automatically trade the forex market using a mean reversion trading system. Since its launch in December 2021, it has generated impressive returns, making it a reliable tool for both novice and seasoned traders. Most traders find Evening Scalper to be the Best AI Forex Trading Bots.

Key Features

  • It enters the market with market orders.
  • The Advanced News Filter feature helps to avoid trading during major news events.
  • The Stock Market Crash Filter feature helps to protect your account during periods of extreme market volatility.
  • Auto GMT Detection feature automatically adjusts the trading time according to your broker's GMT offset.
  • The negative Swap Filter feature avoids holding trades with the negative swap.
  • Since its launch in December 2021, Evening Scalper Pro has generated 144.52% in returns.
  • It has a live track record with a low drawdown.
  • It has a high win rate due to its advanced techniques for identifying the most accurate points of entry and exit.

Evening Scalper Pro Price

  • The EA can be purchased for a one-time fee of $1980, which includes lifetime access, 10 MetaTrader 4 or 5 accounts, free updates, and access to support.
  • There is also an option to test the system for free before purchasing.

6. Golden Pickaxe

Golden Pickaxe

Golden Pickaxe is a sophisticated Expert Advisor (EA) designed for automated forex trading. It operates on the MetaTrader 4 and MetaTrader 5 platforms, scanning currency pair charts for trading signals based on its built-in trading algorithm.

The EA is particularly noted for its mean-reversion grid trading system, and it is the Best AI Trading Bot that incorporates machine learning technology to place trades on the XAU/USD pair (Gold). The system aims to exploit real market inefficiencies to gain an edge over the market. Since its inception, Golden Pickaxe has demonstrated impressive performance, making it a reliable tool for both novice and seasoned traders.

Key Features

  • Operates on MetaTrader 4 and MetaTrader 5 platforms.
  • Uses a mean-reversion grid trading system.
  • Incorporates machine learning technology.
  • Trades the XAU/USD pair (Gold).
  • Automatically scans currency pair charts for trading signals.
  • Places and manages trades on behalf of the user.
  • Uses real market inefficiencies to gain an edge over the market
  • Performance can be tested with different risk settings.

Golden Pickaxe Price

  • The standard price is $1980 for a one-time payment, which includes lifetime access, 10 MetaTrader 4 or 5 accounts, free updates, user dashboard access, and 5 different trading sets.
  • There is a discounted price available of $665.
  • The EA can also be tested for free before purchasing.
  • A 30-day money-back guarantee is offered.

7. Waka Waka EA

Waka Waka EA

Waka Waka EA is a powerful forex trading robot designed for long-term, stable growth. Developed by a seasoned professional with over 13 years of experience in the retail trading industry, it has a proven track record of consistent profitability and minimal drawdowns.

Waka Waka EA employs a combination of technical indicators and grid systems to identify and trade market price inefficiencies, making it a reliable and consistent automated trading solution. It operates primarily on major currency pairs and offers various risk management settings to accommodate different trading styles and risk appetites.

Key Features

  • It simplifies the trading experience by handling all symbols on one chart.
  • Trades multiple currency pairs.
  • A proven track record of stable trading with low drawdowns.
  • There is no need to adjust GMT.
  • Easy to use with just a few lines of instructions.
  • Allows users to adjust parameters for optimal trading.
  • Offers a range of resources to help traders understand grid trading strategies.
  • The EA is focused on long-term stable growth rather than making quick profits.
  • Traders have been able to successfully replicate the vendor's performance and generate a profit.

Waka Waka EA Price

  • One-time fee of $1,980 without incurring any monthly subscription payments.
  • Two-week free trial is available. 

8. Perceptrader AI

Perceptrader AI

Perceptrader AI is the Best AI Forex Trading Bots for precise market analysis and strategic decision-making. Perceptrader AI is an advanced forex trading robot that leverages the power of artificial intelligence to provide automated trading solutions. Developed by Valeriia Mishchenko, it combines the proven trading strategies of the renowned Waka Waka EA with the predictive capabilities of AI technologies like deep learning algorithms and Artificial Neural Networks (ANNs). This fusion allows Perceptrader AI to rapidly analyze vast amounts of market data and identify high-potential trading opportunities.

Key Features

  • Utilizing advanced AI with deep learning algorithms and ANNs, it analyzes markets effectively.
  • Employs a grid system of orders for efficient trading.
  • Trades multiple currency pairs.
  • Simplifies trading by handling all symbols on one chart.
  • Provides a set of verified trading results via MyFXBook.
  • Regularly updated to incorporate the latest innovations in financial market trading.
  • Has a live track record of stable trading with low drawdowns.
  • Offers a potential average yearly return of 21.95%.
  • Shares trading strategy and logic principles with the popular EA, Waka Waka, which has a verified MyFxBook track record of over 6800%+ account growth over five years.

Perceptrader AI Price

  • The standard price is $1980 for a one-time payment, which includes lifetime access, 10 MetaTrader 4 or 5 accounts, free updates, user dashboard access, and 3 different trading sets.
  • The price has been seen to increase with every sale of 10 licenses, with a $100 increment each time.
  • Offers a free two-week trial for users to test its features.
  • Comes with a 30-day money-back guarantee.

9.  GPS Forex Robot

GPS Forex Robot

GPS Forex Robot is an automated trading software designed to operate on the MetaTrader 4 platform. It was developed by Mark Larsen and his team, aiming to provide traders with a reliable tool for navigating the forex market. The robot employs advanced algorithms to predict short-term market movements with high accuracy and is equipped with a reverse trading strategy to mitigate losses.

GPS Forex Robot is tailored to cater to both novice and experienced traders, offering a user-friendly interface and customizable settings to align with individual trading styles. GPS Forex Robot stands out for its ability to continuously scan the market for profitable opportunities, striving to deliver consistent performance and protect traders' investments.

Key Features

  • Adaptable to individual trading styles.
  • Predicts short-term market movements with 98% accuracy.
  • Uses a reverse trading strategy to cover small losses.
  • Compatible with MetaTrader 4 platform.
  • Incorporates a money management system to protect traders’ capital and maximize profits.
  • Claims to make more than 30% per month for a private group of forex traders.
  • Has shown enduring profitability, with an average drawdown of around 12%.
  • The ratio of winning to losing trades is approximately 90 to 10.
  • It has been reported to generate monthly returns of around 26-29%.

GPS Forex Robot Price

  • Available for a one-time fee of $149.

 10.  Forex Gump EA

Forex Gump EA

Forex Gump EA is a dynamic and popular Forex Expert Advisor (EA) that offers traders an automated trading solution on both MT4 and MT5 platforms. It is designed to adapt to the current market conditions, providing unique take-profit levels for each trade. Forex Gump operates with a daily trading frequency and incorporates a news filter to manage risks associated with market volatility.

The EA is equipped with multiple settings to cater to various risk appetites, from high to conservative. It supports a multi-currency strategy, allowing traders to diversify their portfolios across several currency pairs and timeframes.

Key Features

  • Compatible with MT4 and MT5 platforms.
  • Daily trading with a unique take-profit for each order.
  • News filter to avoid trading during high-impact events.
  • Multiple risk settings: High, Middle, low, and Conservative.
  • Multi-currency strategy supporting 9/25 currency pairs.
  • Operates 24/5, seeking profitable opportunities.
  • Adapts to real-time market conditions for optimal performance.
  • Aims to protect capital with advanced risk management settings.
  • The continuous operation ensures no missed trade opportunities.

Forex Gump EA Price

  • Standard Plan costs €199 for one live account and one demo account, with free 24/7 support, free updates, and a 30-day money-back guarantee.
  • Extended Plan costs €399 for three live accounts and unlimited demo accounts, also including free support, updates, and a money-back guarantee.

11. 1000pip Climber System

1000pip Climber System

1000pip Climber System is a Forex trading signal service that provides users with entry, stop loss, and take profit levels for each trade opportunity. It is designed to be user-friendly and suitable for both beginners and experienced traders. The system generates signals based on multiple time frames, which caters to both short-term and long-term trading strategies. It operates on a 100% rule-based approach, offering a clear and consistent method for trading in the Forex market.

Key Features

  • Provides entry price, stops loss, and takes profit values for each trade.
  • Produces signals over multiple time frames.
  • Offers visual, audio, and email notifications for trading signals.
  • Uses a 100% rule-based approach, eliminating guesswork and promoting consistency.
  • Provides a free ‘beginners guide' to trading with detailed instructions on how to follow the 1000pip Climber robot.
  • Over three years, the system would have achieved almost 20,000 pips with minimal drawdown.
  • The system's performance is independently verified by MyFXBook.

1000pip Climber System Price

  • The system is available for a one-time payment, with prices varying from $97 to $299 depending on the source.

12.  IG


IG, or IG Group, is a leading global online trading provider with over 45 years of experience in the industry. It offers a wide range of trading and investment services, including forex, CFDs, and spread betting, to a global clientele. IG is known for its reliable execution, flexible access to more than 17,000 global markets, and award-winning trading app. It also provides timely market analysis from a large team of global analysts and in-platform news feeds from Reuters and Twitter to help inform trading decisions.

Key Features

  • Access to over 17,000 global markets.
  • Award-winning trading app for trading on the move.
  • Timely market analysis from a large team of global analysts.
  • In-platform Reuters and Twitter feeds for real-time news updates.
  • 24/7 Customer Support (except from 6 AM to 4 PM on Saturday UTC+8).
  • IG has a six-year track record with its range of fully managed, low-cost portfolios.
  • IG Managed Risk Portfolio Growth Focus F has shown a 5.93% return in 1 year and a 5.51% return in 3 years.

IG Price

  • Forex trading costs start at 0.8 pips for EUR/USD.
  • A $12 inactivity fee is charged on the first of every month if no trading activity has occurred for two years or more.
  • Subscription to ProRealTime, an advanced charting package, costs $40 per month, refunded if you place four or more trades a month.
  • Currency conversion fee of 0.5% for both CFDs and share dealing accounts.

13 . Forex Fury

Forex Fury

Forex Fury is a fully automated trading system designed for the forex market. It operates on the popular MetaTrader 4 and 5 platforms, using advanced algorithms to analyze market conditions, identify trading opportunities, and execute trades automatically.

Forex Fury is known for its user-friendly interface, excellent customer support, and a range of features to enhance profitability. It aims to eliminate human emotions and biases from the trading equation, making it an attractive option for both beginner and experienced traders. It is designed to trade any pair, indices, or crypto, and offers low, medium, and high-risk strategies. Forex Fury is recognized for its effective money management to ensure sustainable growth.

Key Features

  • Compatible with NFA, FIFO, ECN, MT4, and MT5 Build 600+.
  • Trades any pair, indices, or crypto.
  • Offers low, medium, and high-risk strategies.
  • Provides effective money management.
  • Allows users to optimize their trading.
  • Forex Fury has a proven track record of success, with live and demo accounts showing the power of the Fury software. 
  • It uses advanced scalping mechanics and generally opens trades for 1 hour per day when the market is ranging. 
  • The software has a 93% winning percentage, which is verified by trading results on the site.

Forex Fury Price

  • Pay $229.99 for Gold Lifetime Membership once for full access to Forex Fury EA on 1 live account and unlimited demo accounts.
  • Pay $439.99 for the Diamond Lifetime Membership once for full access to Forex Fury EA on 2 live accounts and unlimited demo accounts.

How can traders ensure the security and privacy of their data when using AI Forex Trading Bots?

To ensure the security and privacy of their data when using AI Forex Trading Bots, traders should:

  • Choose AI trading platforms that comply with established regulations and guidelines, including specific certifications such as the International Organization for Standardization (ISO) 27001 for information security management. These certifications ensure that proper protocols are in place to protect sensitive financial data and prevent potential breaches.
  • Ensure their trading accounts and personal information are secure when using bots. This includes using strong, unique passwords, enabling two-factor authentication, and regularly updating and patching software to protect against vulnerabilities.
  • Be aware of the risks associated with AI/ML adoption, including unique cyber risks and privacy concerns. Financial stability issues could also arise with respect to the robustness of AI/ML models and algorithms.

Using Trading Bots (EAs) in Prop Firm Challenges

Trading bots can indeed be utilized in proprietary (prop) firms, provided they align with the firm's specific policies and guidelines. These bots, which are essentially automated trading strategies, can help traders pass prop firm challenges and become funded traders. They offer several advantages, such as removing human emotion from trading decisions, providing consistent execution of strategies, and operating continuously without fatigue.

However, the use of trading bots in prop firms is not universal. Some firms may have restrictions or outright prohibitions on their use. Therefore, it's crucial to consult the firm's policies or communicate directly with the firm's representatives to understand their stance on automated trading.

When used effectively, trading bots can help address some of the challenges faced by prop firms. For instance, they can help manage risk, maintain trading activity within predetermined limits, and achieve profit targets set by the firm. Some bots are even designed specifically to pass prop firm challenges, such as the HFT Robot.

However, it's important to note that while trading bots can enhance efficiency and reduce the room for human error, they are not guaranteed to outperform human traders. Their effectiveness depends on optimal trading conditions, and they may struggle in markets with frequent reversals or periods of low volatility. Therefore, careful risk management is essential when using trading bots in prop firms.

How can a Trader Choose the Right AI Forex Trading Bot that Matches their Trading Goals and Strategies?

Choosing the right AI Forex Trading Bot that matches a trader's goals and strategies involves careful consideration of several factors:

  • Strategy: Different AI trading bots use varying strategies to execute trades. Some may focus on technical analysis, while others may use a combination of fundamental and technical analysis. It is crucial to choose a bot that aligns with your own trading goals and risk tolerance.
  • Performance and Accuracy: Look for bots that have a high success rate and a low margin of error. Analyze the historical performance of the bot by examining its past trades and profitability.
  • Customization: Each trader has unique preferences and risk management strategies. Therefore, it is essential to choose an AI trading bot that allows for customization and adjustment of settings to fit your individual needs.
  • Support: As with any technology, technical difficulties can arise when using AI trading bots. Choose a bot that offers reliable customer support to address any issues promptly.
  • Budget: Ensure the bot fits within your budget. The cost of AI trading bots can vary significantly, and it's important to find one that offers good value for money.
  • Reputation: Look for bots that have been tested over time and have provided excellent results in terms of profitability and consistency.
  • Compatibility: The bot should be compatible with your trading platform. The most common trading platforms for bots are MetaTrader 4 or 5.

Remember, while AI trading bots can be a valuable tool, they should not replace a solid understanding of forex trading fundamentals. It's also recommended to test the bot in a demo account before investing real money.

Most Frequently Asked Questions about AI Forex Trading Bots

What are the key features to look for in the AI Forex Trading Bots?

Key features to look for include compatibility with trading platforms, multi-currency support, customizable settings, backtesting capabilities, and a proven track record of performance.

How do the Forex Trading Bots improve trading performance?

The Forex Trading Bots can improve trading performance by providing accurate and timely trading signals, automating trading processes, and minimizing human errors and emotional decisions in trading.

Are AI Trading Bots suitable for beginners?

Yes, many of the AI Trading Bots are designed to be user-friendly and suitable for both beginners and experienced traders. They often come with detailed instructions and customer support to assist users.

Can I test Trading Bots before purchasing?

Some of the Forex Trading Bots offer a free trial or demo version for users to test their features and performance before making a purchase.

How reliable are the AI Forex Trading Bots?

The reliability of the AI Forex Trading Bots can be verified by their track record of performance, user reviews, and independent verification by third-party platforms like MyFXBook.

Do the AI Forex Trading Bots offer customer support?

Yes, most of the AI Forex Trading Bots offer robust customer support to assist users with setup, operation, and any issues that may arise.

Can the AI Trading Bots trade multiple currency pairs?

Yes, many of the AI Trading Bots support multi-currency trading, allowing traders to diversify their portfolios across several currency pairs.

Do AI Forex Trading Bots require constant monitoring?

No, one of the main advantages of the Best AI Forex Trading Bots is that they can operate 24/7 without constant monitoring. However, it's still recommended for traders to periodically check on their performance and make adjustments as needed.

Do the AI Forex Trading Bots require constant monitoring?

While the Best AI Forex Trading Bots can improve trading performance, they are not without risks. These include the risk of software malfunction, market volatility, and the inherent risks associated with forex trading. It's always recommended for traders to use risk management strategies and start with a demo account before live trading.


To sum up, AI Forex trading bots have taken the trading world by storm, providing unparalleled accuracy and efficiency. After reading the 12+ best AI Forex Trading Bots, it’s clear that these tools are more than just a trend, they are an essential part of Forex trading’s future. But it’s important to keep in mind that these bots are built to complement human decision-making, not replace it.

As we enter this new age of trading, it is important to use these bots wisely, leveraging their analytical power alongside our strategic insights for better trading outcomes.

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