AlgoVerdict

FX FastBot Review

3.3/ 5
🔍 Vendor’s public account read by usLast updated: 21 September 2026

AUDCAD range EA (mean reversion + trend, Envelopes TP, spread filter) by Forex Store with four public accounts, the longest over 3.5 years. The preset decides everything: Moderate V1 +1,835% at 45.8% drawdown, Conservative +113% at 13.1%. The in-house 10/10 rating does not count. Yellow — run only Conservative or Moderate V2.

AlgoVerdict score

Weighted from 6 criteria — weighting in percent.

Strategy risk25%
2.4
Live track record25%
4.0
Transparency15%
3.6
Value for money15%
3.2
Usability10%
3.4
Broker independence10%
3.4
Open methodology
Strategy
mean-reversion
Market
AUDCAD, EURUSD
Platform
MT4/MT5
Price
369–429 $
Vendor
Forex Store
Source
Direct from vendor
Public track
+1.835 % · max drawdown -45,8 % · 1260 days · 4 accounts (Myfxbook — Moderate V1)
  • Vendor's public real account, read by us (+1.835 %, max drawdown -45,8 %)
  • Long track — longest account over 1260 days
  • Demonstrably calm on a calibrated funded account
  • Elevated floating loss (up to 45.8 %) — only run with a buffer
  • Run aggressively, far riskier than the calm account suggests
  • Vendor setting only — set your own risk cap

What FX FastBot is

FX FastBot by Forex Store is a mean-reversion EA on AUDCAD, EURUSD (MT4/MT5), sold via the vendor directly. We classify it independently — by strategy risk, verified live track, transparency and value, not by vendor promises.

Live results & track record

Vier verlinkte Myfxbook-Konten (Stand Produktseite/EA-Scout 01.09.2026): Moderate V1 +1.835 % bei 45,8 % Drawdown über rund 42 Monate, Moderate V2 +225 %/12,1 %, Conservative +113 %/13,1 %, Elevated +259 %/31,9 %. Der Anbieter erstattet zusätzlich, wenn der Drawdown mit empfohlenen Einstellungen 35 % übersteigt. The vendor documents 4 public accounts for this EA, the longest over 1260 days — details in the accounts table below. Its most telling account shows +1.835 % at a maximum floating loss of -45,8 % (Myfxbook (Anbieter)). Note: an account run more aggressively sat far deeper underwater at 45.8 % floating loss — the EA can run calm *or* risky depending on the setfile. That is real money, not a polished backtest.

Strategy & risk

The mean-reversion approach sets the risk profile. The approach uses defined entries/exits; what matters is whether the live track confirms the backtest picture. From the vendor you buy the vendor setting — a hard risk cap (parameters or an external drawdown guard) is on you to set.

Cost & usability

From the vendor the EA costs 369–429 $. You buy the vendor version without calibration — risk cap, broker choice and setfile are on you. Delivered by e-mail against your account number, licence bound to accounts — direct sellers rarely offer refunds.

Who it is (not) for

Suitable for traders who accept a documented live track and run the EA with their own hard risk cap and budget it as *one* building block. Not suitable for small accounts without a buffer, given the floating loss of up to 45.8 %, or for anyone who mistakes a smooth backtest curve for a guarantee.

Verdict

FX FastBot lands at 3.3/5 — with reservations. The calibrated ATS track shows it can be run calmly — discipline on the setfile decides.

Vendor’s public accounts

Accounts the vendor publicly links himself (Myfxbook or MQL5 signal) and that we read ourselves on the reference date — not his marketing figures. The "Account" column says whether it is real money or a demo account. For Myfxbook accounts the floating-loss column shows the platform’s maximum drawdown.

AccountGainAvg mo.PFMax floating lossAgeTradesBroker
Myfxbook 11297482 — „Moderate V1“ (~42 Monate)+1.835 %-45,8 %1260d
Myfxbook — „Moderate V2“ (21 Monate)+225 %-12,1 %630d
Myfxbook — „Conservative“ (21 Monate)+113 %-13,1 %630d
Myfxbook — „Elevated“ (26 Monate)+259 %-31,9 %780d

⚠ Mixed risk profile: on a calibrated (funded) account the EA runs calmly, but an aggressively run account shows a very high floating loss. Tradeable when configured properly, real blow-up risk when unleashed. The setfile and risk cap decide everything.