What is an Expert Advisor?

Our MT4 trading platform allows you to reduce the stress of trading,by making use of Expert Advisors (EAs) to trade on your behalf.

EA’s are trading robots, capable of trading 24/5, that can open and close trades on your behalf responding to market indicators. Simply put they make trading decisions on your behalf using set algorithms, without any intervention from you.

Is an Expert Advisor right for me?

EA’s can be suitable for traders of all levels, especially those just starting out in Forex Trading. It’s important that you understand that although an EA can be useful to help you monitor the market and react 24/5, they still need to be monitored and activity adjusted for changing market conditions.

iForexrobot

We’ve partnered with iForexrobot to offer Formax clients free access to their already developed Expert Advisors. You can either download the software and start using them straight away through your Formax Trading account, or test a free 30-day trial to see if the EA selected behaves according to your risk parameters.

Important information

Open an account

Get started in no time with a simple four-step process for live trading access.

Try a free demo

Practice risk free with a comprehensive demo account up and running in minutes.