A forex "robot" is trading software that makes trading decisions for you, more or less acting as an advisor, but robots have their pros and cons. Your robot can be programmed to trade for you all day, every day, although you might want a hand in what it decides on your behalf. The effectiveness of Forex robots. Do Forex trading robots really work? Though forex auto trading robot software promises to make beneficial trades, not all automated forex trading robots are what traders expect them to be. Moreover, some federal governments consider bots to be scams. In a similar way, you are not likely to find any article in John Henry Last updated: 05/09/23 Table of Contents show Forex trading with robots is more than just a fancy term to describe automated trading systems. Forex trading robots are a reality. There are many people who use these types of programs to trade the foreign exchange market. But are they really worth your time? Review 1000PipBuilder offer forex signals via subscription. Independently verified results highlight potential, and ongoing support from experienced traders means there is more on offer than just signals.. Review 1000PipClimber provide a 100% rule based Forex signal service. H2ZHU18.