Popular Questions
What is the minimum account balance required?There is no minimum balance required to use the software. It can run on any account size. You should use an account balance that you feel comfortable with and never risk more than you can afford to lose as trading always has an element of risk involved.
What leverage should I use?
The software will run with any leverage. You should use a leverage that you feel comfortable with and understand the risks involved with online trading.
What trading platform do I need?
The software runs only on the MetaTrader 4 (MT4) platform for desktop, not in the MT4 mobile app or web trader platform. You should have the MT4 desktop platform already installed.
What broker should I use?
You can use any MetaTrader 4 forex broker. The lower the brokers spreads/commissions and faster the execution speeds, the better. You should already have an account with an MT4 broker.
I have no experience; can I use the software?
Step by step setup instructions are included but you should have some knowledge of MetaTrader 4 and using expert advisors (EAs).
What currency pairs does the software run on?
The software has been developed to run on EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, USDCAD, USDCHF.
What chart time frame does the software run on?
5-minute charts.
Does the software use any martingale or grids?
No, the software does not use any martingale money management strategies or grid trading.
Can I try on a demo account?
Yes, if you wish. Many would say it is a wise idea to practice trading on a demo account first to familiarise yourself with the software and how it works.
What is a license?
1 license allows you to run the software on 1 real live MetaTrader 4 account.
How many licenses do I get?
The number of real live MetaTrader 4 account licenses that you get will depend on the software package that you purchase. All packages include unlimited demo account licenses.
Can I change my license?
Yes, you can change your license to a different MetaTrader 4 account at any time.
Can I use my license on another computer/VPS?
Yes, you can use the same license for an account on multiple devices.
Can I upgrade my package?
Yes, you can update your package at any time for additional licenses to run the software on additional MetaTrader 4 accounts.
How do I get the software?
You will receive the software and instructions as an instant download link.
How do I activate my license?
You will receive an activation link with the software and instructions.
Are setup instructions included?
Yes, step by step setup instructions are included.
Do I get settings for the software?
The software comes with default settings based on many years of testing. You can set your own lot/risk size. Some users like to experiment with settings, currency pairs and time frames, which is fine but we would do so on a demo account to begin with.
Do you offer support?
Yes, via email only. Please allow up to 24-hours for a response, excluding weekends and public holidays.
Do you offer trial versions?
No, Robotron has taken thousands upon thousands of hours to develop and test over 10+ years.
What is the refund policy?
Due to the downloadable nature of the software and unpredictability of the markets, there are no refunds under any circumstance. If you are unhappy with this, please do not purchase.
How much can I make every day/week/month? What is the drawdown?
There are no guarantees on what the results will be. Trading is risky by nature and there can be significant drawdown and losses as with any trading system. Results depend on many factors such as market conditions, economic news releases, black swan events, settings used, lot/risk size, broker conditions, spreads, commissions, slippage and more.
Can I use the Forex Robotron EA for prop firm challenges?
Yes, you are free to use the Forex Robotron EA for trying to pass prop firm challenges provide the prop trading firm allows automated trading with expert advisors (EAs).
General Forex Questions
What is Forex?The Foreign Exchange market, also referred to as the "FOREX" is the largest financial market in the world, with a volume of over $2 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. With a Forex broker and Forex trading account, anyone can trade the Forex market.
What tools do I need to start trading with Forex Robotron?
You will need a MetaTrader 4 Forex broker trading account, the MetaTrader 4 trading platform for desktop already installed, a computer with an internet connection or virtual private server for remote trading.
What trading software do I need to run Forex Robotron and where do I get it from?
Forex Robotron is designed to run on the Forex trading platform MetaTrader 4 from builds 700+, which is offered by many of the leading Forex brokers. MetaTrader 4 can be downloaded for free from most forex brokers websites, usually via a "download trading platform" link. If you are using an outdated version of MetaTrader then you can easily update via an MetaTrader download link on your forex brokers website.
What is a Forex robot?
A Forex robot (also called expert advisor) is an automated robotic script written in MQL4 language that can work in the MetaTrader 4 platform. MetaQuotes Language 4 (MQL4) is a language for programming of trading strategies. This language allows you to create your own Expert Advisors. (there are also robots for other trading platforms).
Can Forex Robotron work when I am away or go out?
Yes, it can work 24 hours/day for you but has been developed to trade between 21-22 GMT during summer and 22-23 during winter.
Getting Started With Forex Robotron
Do I have to trade manually? Is it difficult to setup Forex Robotron?You will get step-by-step instructions how to setup and run Robotron and it is fully automated.
Yes, provided your forex broker offers the MetaTrader 4 trading platform. Forex Robotron is compatible with US brokers, Non-US brokers and Islamic friendly brokers. It will automatically adjust to work on 4 and 5 digit brokers.
How much money do I need to start trading with Forex Robotron?
Depending on your broker terms, you can start trading with around $50 on some brokers. There is no minimum account balance or leverage required to run Forex Robotron. You can use any account balance and leverage that you feel comfortable with. It is recommended that you start with capital that you can afford to lose as trading is risky and practice on a demo account untill you are satisfied with the performance and familiar with how it works.
What is the minimum leverage required?
There is no minimum leverage requirement. You should set lot sizes so that you do not over leverage your account. For example, if your leverage is 100:1 and account balance is $10,000 then your maximum exposure is $10,000 x 100 = $100,000. Please make sure you have an understanding of leverage and margin before using any forex system. It is not a good idea to over leverage an account. Trading is risky and you should be aware of all risks and only trade with what you can afford to lose due to the nature of the markets.
Is it hard to use Forex Robotron?
We provide detailed instructions and 24/7 support.
Can I adjust parameters of the Forex Robotron advisor?
You can change stop loss, take profit and other parameters & filters depending specifically on your needs. All of them are described in the instructions. You are responsible for the settings that you choose.
What timeframe(s) and currency pair(s) should I choose?
Forex Robotron trades the EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, USDCAD, USDCHF. currency pairs on the 5 minute charts.
Specific Forex Robotron Questions
What is Forex Robotron?
Forex Robotron is a fully automated robot software which trades the foreign exchange currency market (Forex) on autopilot. Robots such as Forex Robotron are called "Expert Advisors" or EA's, and are attached to the currency charts in the MetaTrader 4 trading platform software which is provided to Forex traders by Forex brokers. Thousands upon thousands of hours' worth of work has gone into trying to make it the best Forex robot commercially available.
What is the percentage of winning trades?
There is no guarantee on the % of winning trades due to the very nature of trading online. NOTE: Results are based on historical data. There is no guarantee of future performance. You should understand the risks involved with trading. Different brokers can produce different results due to factors such as spreads, slippage, liquidity, commissions and market conditions. Your capital is at risk. Beginner traders should research and learn about trading before using any forex software.
I do not like the "no stop loss idea" in other Forex robots. How about that in Forex Robotron?
Forex Robotron uses a fixed stop loss.
Does my broker require any minimum stop levels?
Some brokers require you to place the stop loss and/or trailing stop a minimum distance from the current price.
Can I use Forex Robotron on more than one account?
Yes, you can use it on more than one trading account depending on the package that you purchase.
How much money can I make with this forex robot?
There are no guarantees in trading, you should understand the risks involved with trading any forex system and not use any if you are unsure. The market changes all of the time and nobody can 100% predict in which way it will go. There is no guarantee of future performance. Different brokers can produce different results due to spreads and liquidity. Your capital is at risk. Beginner traders should research and learn about trading before using any forex software. Results depend on many factors such as market conditions, lot/risk size used, settings, economic data, brokers conditions and much more.
How do I get a copy of Forex Robotron?
You can download Forex Robotron from the Buy Now links on the Robotron home page.
What is a Virtual Private Server (VPS)?
A VPS is a special service that can host your trading on a remote server so you no longer need to keep your PC on 24/5. There are Forex VPS providers who specialise in Forex and can provide this service for you to use to run Forex Robotron on the MetaTrader platform without needing your computer on all of the time. This is not a requirement but can be useful to some when it is not realistic to leave your computer running.
Guarantee and Support
What if I am not happy with Forex Robotron?
If you have no patience and will not give the EA any time to produce results, then please respectfully leave this website now and do not purchase. Due to time wasters there is a strict NO REFUND policy with NO EXCEPTIONS. This is an EA for serious traders only who understand how the markets work and the potential risks involved. It is not intended for those who do not understand trading and have unrealistic expectations.Do you provide support?
We provide rapid dedicated email support to all of our users. We aim to reply within 24 hours, excluding weekends. Support can be anything from setting up Forex Robotron for you for the first time, explaining settings and much more. Feel free to contact Forex Robotron if you have any questions or if you need support.Does Forex Robotron get regular updates?
Forex Robotron took years of programming and historical data testing. If we or any of our users identify room for improvements then we will update Forex Robotron and ensure all users have the most up to date version.I have another question...
We would love to hear from you! Please use the contact link below and we will try our best to get back to you within 24 hours, excluding weekends. Please ensure that you read through the Robotron website and FAQ pages before contacting support as your question is likely to already be covered on the website. We are constantly busy developing and testing Robotron to further improve it so the more time that we can focus on that, the more improvements we can continue to make.