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EA review ·

FX FastBot

FX FastBot

4 live accounts, per the vendor

The vendor lists 4 live accounts. We checked that they exist and can be viewed. The seller still chooses what to show, so such accounts earn at most 8.0 for verifiability.

Checked
Account exists and is public · verified by the platform · trading behaviour matches the described design
Not shown
Return, drawdown, running time. Past figures tempt buyers more than they inform them.
Counts towards
Verifiability (25% of the grade): 8.0 out of 10
Strength of evidence
2 of 3: selected by the seller
Mean reversion2 marketsMT4 / MT5High risk

Reviewed by Pitt Petruschke, operator. No stake in FX FastBot; receives commission from ATS and develops his own EA, Dawnbreak. Disclosure

Cross-checked by an AI agent (different model, blind): 2 of 6 criteria agree. Differences

Verdict

Mean reversion EA on 2 markets. Evidence chosen by the seller only, weakest point risk control: 6.8 out of 10.

AUDCAD range EA by Forex Store for MT4/MT5: mean reversion with a trend component, Envelopes-based take-profit and a spread filter. The presets (Conservative, Moderate V1/V2) largely set the risk. Price: $369.

Suits you if …

  • Yes: you want an EA with fixed entries and exits
  • Yes: you run it as one building block in a portfolio
  • Caution: you set setfile and risk yourself, without ATS calibration

Evidence behind this verdict

  • Product page of the vendorDesign, markets, platform, price · read 02 November 2026
  • 4 live accounts checkedexist and can be viewed, figures deliberately not shown

Design & risk

FX FastBot by Forex Store is a Mean reversion EA on AUDCAD, EURUSD (MT4/MT5), sold directly by the vendor. Each position has its own exit; losses are not absorbed by averaging in. What matters is whether execution at your broker matches the described process. You buy the vendor default; risk frame and setfile are up to you.

What you need to run it

  • Broker with low spreads on AUDCAD, EURUSDRaw or ECN account, no EA restrictionsrequired
  • VPS close to the brokerThe EA has to run around the clockrequired
  • Fix the risk per tradeChoose a lot size that fits the accountset it up yourself

For and against

In favour

  • 4 live accounts on record
  • Fixed exits, no averaging into losses

Against

  • You set risk and setfile yourself
  • Automated, but no substitute for your own risk management

Buying and running

Our interests: We earn no commission on FX FastBot and link neither the vendor nor MQL5. ATS pays us a commission when you buy through the link to the alternatives. We develop our own EA, Dawnbreak. We have no stake in FX FastBot. The grade is set beforehand and independently of that.

Terms

Ad
Price
$369
Sold
directly from the vendor only
Alternatives at ATS

We do not link to FX FastBot itself. The affiliate link changes neither grade nor text.

Partner offers

Ad
BrokerBest EA brokers VPS MT4/MT5Hyonix from $6.50

Our own tool

own product
Monitor the accountFree tracker

What we do not know

  • Whether the accounts shown run with your settings.The seller chooses which accounts to show. We cannot confirm which setfile runs on them.
  • How the EA reacts to spread spikes at rollover.Not tested. With tight stops it can shift exits.
  • What future updates change in the logic.We rated the current version. After every major update we check again and note it in the change log below.

Frequently asked questions

Which markets does FX FastBot trade?

AUDCAD, EURUSD. Several instruments only spread risk while they do not share a driver — correlated pairs go down together when it matters.

Which platform does FX FastBot run on?

MT4/MT5. Continuous operation needs a VPS, because a sleeping machine leaves open positions unattended: VPS providers compared.

What does FX FastBot cost?

369 $ (as of our last check). We take prices from the vendor, ATS or MQL5 product page, not from marketing copy — that often quotes different figures than the buy button.

How good is FX FastBot?

Our grade: 6.8 out of 10. It comes from six criteria: risk control, verifiability, transparency, value for money, usability and broker independence. The sub-grades are computed by our data formula; criteria, weights and caps are the same for every EA, whoever sells it, and no EA vendor pays for ratings. The full calculation with every threshold is in our methodology.

Is there a verified live track for FX FastBot?

Yes, 4 live accounts published by the seller. We check that they exist, are verified and match the described design. Because the seller chooses what to show, such accounts earn at most 8.0 out of 10 for evidence. We deliberately do not show returns or drawdowns.

Changes to this review

  1. Second review by an AI agent (different model, blind): 2 of 6 criteria agree. Differences:
  2. Risiko-Kontrolle: Zweitprüfung 3,6, unsere Bewertung 5,0. Die Mean-Reversion-Bauart und die als hoch eingestufte Risikoklasse sind anfällig für anhaltende Gegenbewegungen, und die öffentlichen Konten belegen teils sehr tiefe Rückgänge, während harte Verlustlimits pro Position nicht dokumentiert sind.
  3. Nachweisbarkeit: Zweitprüfung 7,8, unsere Bewertung 9,4. Mehrere öffentliche Myfxbook-Konten mit unterschiedlich langen, teils mehrjährigen Historien liefern einen brauchbaren Live-Nachweis, jedoch fehlen Angaben zu Brokern und eine explizite Bestätigung der Kontenverifizierung.
  4. Transparenz: Zweitprüfung 6,4, unsere Bewertung 8,4. Strategieansatz, Märkte, Plattformen, Risikopresets und auch ungünstige Kontoverläufe sind teilweise offen benannt, aber konkrete Regeln für Stops, Positionsgrößen und Broker fehlen.
  5. Broker-Unabhängigkeit: Zweitprüfung 5,2, unsere Bewertung 6,4. Die Plattformunterstützung ist breit, aber die öffentlichen Nachweise nennen keine Broker und belegen damit keinen stabilen Einsatz bei mehreren Brokern.