Alpari UK Live Forex Trading Results

This week I have set up a live trading account with Alpari Uk to look at the performance of several Forex Trading Robots.

Over the coming months I will be looking at :

Forex Apocalypse

This is an EA which operates on the M30 time frame and requires very little attention from me. It’s a long term trading robot that looks for strong trends in the market and in my demo trading has made great gains.

Fap Turbo Version 49 with the extra trading pair: USD/CHF

As you are probably aware I have demo tested this robot on FXDD, FXCM, Alpari UK and the Collective FX MT4 platforms. In general its done very well, though occasionally its few loosing trades have been large.

Cloveri

This is a less well known robot which has been shown to be profitable, like FAP Turbo, its primarily a Scalper working on the main pairs in the Asian session. I have ran this one for 2 months in demo on Alpari UK and its made a few errors, but overall its turned in a profit. Its simple to set up, but has to be done each time the computer is rebooted.. not so good.

In addition to these fully automatic EA’s I have also purchased :

Forex Rebellion

This is a chart template which has integrated within it an audible trade alert. Its trades all pairs and time frames picking up strong trends in the market. I have had this on a demo account for a month and it’s got potential. The key thing though is you initiate the trade and it’s your call when you exit it. There is no exit strategy other than providing take profit and setting stop loss. Ideally you need to catch the signal straight away and get in fast. It’s also a good idea to be watching the trade to exit it at the best time.

Forex Ultimatum

I’ve only had this a week or so and its given me two trending options, but again you have to be there to take action on it. This is also a chart theme setup rather than an EA. It does though give you two take profit levels and initial stop loss and enter price.