This page is obsolete and no longer maintained.
Starting from September 2010, all my forward tests are featured on real accounts. It simply doesn’t get any more realistic than this. Most of the accounts are going to be opened with LiteForex, FXOpen or, starting from summer 2011, PrivateFx.
If you would like to compare the performance of the expert advisors on this page, please head to the EA Top where the information is more condensed and you can also see some stats.
Forex Combo System
Settings: default, money management set to 2 for each system
Started: 19.09.2010
Broker: FXOpen
Account type: live, cent
Starting balance: ¢4980
Currency pairs: EURUSD
Settings: default, risk set to 2 for each system, GMT detection disabled and manual GMT offset configured to 3 permanently (LiteForex has 3 during DST and 2 otherwise)
Started: 12.03.2011
Broker: LiteForex
Account type: live, cent
Starting balance: ¢5000
Currency pairs: GBPUSD
Settings: default, risk set to 2 for each system and currency pair; for GBPUSD only, GMT detection disabled and manual GMT offset configured to 3 permanently (PrivateFX is using GMT+2 and DST)
Started: 22.08.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Currency pairs: EURUSD, GBPUSD
Forex Megabot
Settings: default, RiskLevel 1 and StealthMode off
Started: 21.09.2010
Broker: LiteForex
Account type: live, cent
Starting balance: ¢5000
KangarooEA
Settings: default
Started: 01.12.2010
Broker: LiteForex
Account type: live, cent
Starting balance: ¢5000
Settings: default
Started: 17.01.2010
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Pairs: AUDUSD
Forex Growth Bot
Settings: default (lot size 0.1)
Started: 12.01.2011
Broker: LiteForex
Account type: live, cent
Starting balance: ¢5000
EURClimber
Settings: default
Started: 13.01.2011
Broker: FXOpen
Account type: live, cent
Starting balance: ¢5013
Note: spreads fixed on 3 for both EURCHF and EURGBP
Harvester v2
Settings: default, risk 3
Started: 27.03.2011
Broker: FXOpen
Account type: live, cent
Starting balance: ¢5013
Forex Real Profit EA
Settings: default, risk 5
Started: 23.02.2010
Broker: GO Markets
Account type: live, micro
Starting balance: AUD 96.30
Forex Morning Trade
Settings: default, hour set to 8:15, risk 2
Started: 27.03.2011
Broker: LiteForex
Account type: live, cent
Starting balance: ¢5000
Wallstreet Forex Robot
Settings: default, AutoMM set to 3 for all pairs
Started: 29.03.2011
Broker: LiteForex
Account type: live, micro
Starting balance: $500
Forex WindFall
Settings: default, risk 5, automatic money management
Started: 02.06.2011
Broker: LiteForex
Account type: live, micro
Starting balance: $503
PipRider
Settings: default, MaximumSpread 3.5
Started: 23.06.2011
Broker: LiteForex
Account type: live, cent
Starting balance: ¢3000
Fx Steady Growth
Settings: default, money management enabled using LotsPercent = 2.0
Started: 07.08.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Quantum FX Bot
Settings: default (RiskPercent = 3.0)
Started: 07.08.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Silver EA
Settings: default (Risk is 100)
Started: 12.09.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Steady Winner
Settings: default, PercentToRisk = 5.0 (as suggested by the author)
Started: 07.08.2011
Broker: PrivateFx
Account type: live
Starting balance: $300
Iris FX
Settings: default, Strategy 1 lot_percent = 3.0, Strategy 2 lot_percent = 1.5, Strategy 3 lot_percent = 3.0
Started: 07.08.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Million Dollar Pips EURUSD
Settings: all default, except: Risk 1.5, FIFO disabled; starting with 11.10.2011, Stop Orders, Hard Stop Trailing and AutoAdjust_ECN are set to false
Started: 07.08.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Million Dollar Pips GBPUSD
Settings: all default, except: Risk 1.5, FIFO false, Stop Orders false, Hard Stop Trailing false and AutoAdjust_ECN false
Started: 24.10.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Million Dollar Pips USDJPY
Settings: all default, except: Risk 1.5, FIFO false, Stop Orders false, Hard Stop Trailing false and AutoAdjust_ECN false
Started: 24.10.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex Gold Trader v4
Settings: default (FGT_AutoLot 0.005)
Started: 31.10.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Leverage: 1:500
Note: this account is running Forex Gold Trader v4
Forex Gold Trader v3
Settings: default (dynamicLot 0.5)
Started: 08.08.2011
Stopped: 26.09.2011 when gold took a plunge and the account took a stop out.
Broker: PrivateFx
Account type: live, micro
Starting balance: $300 (increased by $200 on 24.08.2011 when the account was close to a margin call)
Note: this account was running Forex Gold Trader v3
Genial Invest
Settings: default (RiskLevel = 1)
Started: 08.08.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Euro Smarter
Settings: default, EnableMM = true, Risk = 5
Started: 08.08.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
FX Speed Trader
Settings: default, Risk = 2, TradeMicroLots = true
Started: 22.08.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
ParaSwing
Settings: default, percentage free margin set to 5.0
Started: 29.09.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex Gale
Settings: all defaults except TakeProfit 0.65, TrailingStopLoss 0.65, LotsSize 0.02 (medium risk, as recommended by the vendor)
Started: 29.08.2011
Broker: PrivateFx
Account type: live, micro
Leverage: 1:200
Starting balance: $300
Forex Shocker
Settings: default, MaxSpread 4.0, MoneyManagement enabled, SuperAggressive enabled (due to what seems to be a lot calculation problem with micro lots)
Started: 30.09.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Pairs: EURUSD only, as recommended by the vendor
Forex Cleaner
Settings: default, Stealth false, Risk 3.0
Started: 24.10.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Smart FX Master Scalper
Settings: default
Started: 31.10.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Smart FX Breakout Hunter
Settings: default
Started: 31.10.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Two Percent Daily
Settings: default
Started: 31.10.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex Trend Hunter
Settings: default, AutoRisk 3.0
Started: 01.11.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex Winning Solution
Settings: default, MMPercentage 5
Started: 03.11.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Orange Forex Robot
Settings: default, MaximumRisk 1.0 (due to the 10k lot size; the normal, recommended setting is 0.1)
Started: 13.11.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex Flow
Settings: default (StartLotSize 0.01, MaxLevel 6)
Started: 22.11.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex EAs Trend Scalper
Settings: default, Percent Risk 0.5
Started: 27.11.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
MyFXDuplicate
Settings: default, FixedLots 0.15
Started: 27.11.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
FX Smart Invest
Settings: default; RiskScaling increased to 10.0 after 1 week of testing when it became obvious that the EA doesn’t know how to handle a different contract size.
Started: 06.12.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Hyper EA
Settings: default; UseMM – enabled, MMType – 1, LotsFor1000 – 1.0, Lotsdigits – 2, UseTradePause – false, SettingsType – 1
Started: 13.12.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Hyper EA Pro
Settings: default; UseMM – enabled, MMType – 1, LotsFor1000 – 1.0 for EURCAD and 0.5 for the other pairs, Lotsdigits – 2, UseTradePause – false
Started: 21.08.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Magic Champ II
Settings: mostly default; settings changed or worth mentioning: MoneyManagement_Variant 1, risk_Long_Percent 3, risk_Short_Percent 3, use_Adaptive_MM false, OrderOpen_withSLTP false, Auto_Trade_Open true, use_Local_Time false, use_Server_Time true, startTime_Hour 2
Started: 20.12.2011
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Fast Forex Millions
Settings: defaults other than risk which was set as follows: EURUSD – 3, GBPUSD – 3, USDCAD – 2, AUDUSD – 2
Started: 20.01.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Interbank Trade Advisor
Settings: default, fixed lot size 0.04
Started: 12.01.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
FAP Turbo
Settings: default; Scalper_LotsRiskReductor 5.0, Scalper_StealthMode false
Started: 13.02.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex Megadroid
Settings: default; Stealth false, RiskLevel 0.05, RecoveryMode false
Started: 13.02.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
PhiBase Pro
Settings: default; Variable_LotSize 5.0
Started: 15.02.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex Envy
Settings: as provided by the vendor, long cycle only
Started: 12.03.2012
Broker: PrivateFx
Account type: live, cent
Starting balance: ¢40000 ($400)
NeoTradEx
Settings: default (using the provided set files with Fixed off and Capital 0.05)
Started: 09.04.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex Real Profit EA v6
Settings: default (including risk 2)
Started: 10.04.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Euronis
Settings: default (using the profile provided)
Started: 08.05.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
NumberOne Impulsive Scalper
Settings: default, risk 2.0
Started: 25.06.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
FxPapa
Settings: default, Risk_Percent 20
Started: 25.06.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
PipJet
Settings: default, risk 0.2, recovery mode disabled
Started: 29.06.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex Robin VOL
Settings: default; riskPercent 1.5, useBracketSLTP enabled
Started: 06.08.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
ACTrader Scalper
Settings: default, risk 30 (due to an issue with the lot size calculation, would’ve used 3 otherwise)
Started: 27.08.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Forex Minute Trader
Settings: default, risk 0.5 on all pairs
Started: 06.10.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
History
I am committed to keeping a log of all the changes applied to the forward tests, but it was getting rather big and cluttering this page needlessly so I decided to move it. It is now available at the Forward test change history page.