How do I choose a forex robot?
Choose on evidence, not marketing. Require a public live account funded with real money that survived a volatile period, a defined stop and daily-loss limit (no martingale), a strategy you can describe in one sentence, and a refund policy. Ignore advertised win rates; judge drawdown and reward-to-risk instead.
A defensible forex robot shares four properties regardless of strategy. First, verifiable live results — a public Myfxbook or MQL5 Signals account at a reputable broker spanning more than one market regime, not a backtest screenshot. Second, bounded risk — every position has a real stop and the account a daily-loss cut-out, rather than an averaging mechanism that 'recovers' losers. Third, a describable strategy — if you cannot state what triggers a trade and where it stops, you cannot size its risk. Fourth, vendor accountability — a refund window, active support, and honest, realistic return claims. Use our ranked, data-backed lists and methodology as a starting point, then verify each candidate yourself.