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10 Best AI Platforms for Forex Trading in 2024

Last Updated : 04 Mar, 2024
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Forex trading can be a great initiative to become independent by generating a new source of income. It requires meticulous assessment of the trading market and exceptional analytical skills in investment. In this domain, the advent of artificial intelligence (AI) has made it a lot easier even for newbie traders.

10 Best AI Platforms for Forex Trading in 2024

Executing trades with precision and pace will not be daunting anymore. Here is a list of the best AI platforms for Forex Trading you can use to get familiar with the game and generate a new avenue for passive income.

10 Best AI Platforms for Forex Trading

1. Capitalise.ai

Capitalise.ai is the best-in-class forex trading app that leverages AI. It allows creating, testing, and automating trading with simple text-based prompts. The AI interface assists you in making informed decisions by following simulated strategies.

Capitalise AI

Features

  • Automate trading strategies
  • Simulation and back-testing tools
  • Monitor the market on a real-time basis

Pros

  • Highly user-friendly interface
  • Tools for enhancing trading outcomes
  • Overcome emotional trading drawbacks

Cons

  • Options for scripting are fewer than competitors

Pricing

  • It is free to use

Link: Capitalise.ai

2. Learn2Trade

Learn2Trade is one of the best AI platforms for Forex Trading. It has an overwhelming success rate of 76% with over 40,000 traders onboard. Subscribers can perform 70 trades every month. Its ML technology called L2T Algo notifies users through Telegram for informed decisions.

Learn2Trade

Features

  • Instant notification via Telegram
  • Daily five signals for trading
  • Market analysis through L2T Algo AI

Pros

  • 76% success rate
  • Professional management by experienced traders
  • Flexible premium plans

Cons

  • Require manual intervention to convert signals intro trade (not automated)

Pricing

  • It has a free version.
  • 1-Month: $49.36/month
  • 3-Month: $37.59/month billed every three months
  • 6-Month: $27.21/month billed every six months
  • Lifetime: $504.95 billed once
  • Swing Trading: $63.28/month

Link: Learn2Trade

3. Forex Fury

Forex Fury is a critically acclaimed forex trading platform that assists traders with its AI-driven interface. It can scan market progression and provide data-driven insights to make proper decisions. Users can trade pairs and crypto on the same platform.

Forex Fury

Features

  • AI engine for trade execution
  • Automation following quantified strategies
  • Risk management tools available
  • Performance Analytics

Pros

  • Risk-adjusted returns
  • Ideal for beginners
  • Customization options available

Cons

  • Only focused on MetaTrader (MT) 4 and 5
  • Requires installation on computers
  • No free plan

Pricing

  • Gold: $249.99 for 1 user (lifetime membership)
  • Diamond: $459.99 for 2 users (lifetime membership)

Link: Forex Fury

4. Forex Gump

Forex Gump is another commendable option among the best AI platforms for Forex Trading. This AI-driven platform also focuses on MT 4 and 5 platforms for professional forex trading experience. It also assists in monitoring markets on a real-time basis.

4-Forex-Gump

Features

  • Trading strategy automation with AI
  • Risk management tools
  • Inbuilt position sizing
  • Cloud-based platform

Pros

  • Minimum input for users
  • Multiple currency pairs
  • Fast updates on market changes

Cons

  • Full access needs a subscription
  • Only for MT 4 and 5 platforms

Pricing

  • It has a free version.
  • One user: $251.84 (one-time subscription)
  • Three users: $504.95 (one-time subscription)

Link: Forex Gump

5. Composer

Composer is an automated AI-driven trading platform known for its seamless user interface. It can execute trades automatically by following the latest algorithms. Beginners with minimum market understanding can use this platform for forex trading.

Composer

Features

  • Trading automation
  • AI-powered strategy designing
  • No-code NLP model
  • Default strategies to implement

Pros

  • Trading execution automation
  • Plans are quite budget-friendly

Cons

  • No coding reduces flexibility for advanced traders

Pricing

  • It has a free plan.
  • Trading Pass: $24/month billed annually
  • Extra Trading Pass: $16/month billed annually.

Link: Composer

6. 1000pip Climber System

1000pip Climber System is one of the best AI platforms for Forex Trading on the MT-4 platform. It offers default trading strategies for beginners and custom tools for advanced users. Users can use its automated detection features for stopping loss, entering, and taking profit levels.

1000pip Climber System

Features

  • Automated built-in trading strategies
  • Can adapt to different trading durations and styles
  • Provides notifications

Pros

  • Ideal for all-level traders
  • Full control for users

Cons

  • Newbie traders should not rely fully on it
  • No trial period

Pricing

  • No free version.
  • Lifetime license: $299 (may offer discounts)

Link: 1000pip Climber System

7. Forex VPS

Forex VPS is a dedicated cloud-based AI-powered forex trading platform that guarantees 100% uptime. It takes only five minutes to set up an account on this platform. Get a proper guide to educate on how to trade and begin.

Forex VPS

Features

  • Dedicated server creation
  • Very low latency on connectivity
  • Dedicated to forex trading
  • Works on any operating system

Pros

  • No risk of missing opportunities
  • Reliable due to 100% uptime
  • Budget-friendly

Cons

  • Requires a trading platform for utilization
  • No free plan but a money-back guarantee

Pricing

  • Basic: $22.81/month billed annually
  • Basic+: $27.27/month billed annually
  • Standard: $41.75/month billed annually
  • High Freq: $48.87/month billed annually

Link: b

8. GPS Forex Robot 3

GPS Forex Robot 3 is a trading system harnessing AI and ML technology. It helps users to make instant decisions and execute trades. It offers real-time analysis of targeted forex markets along with risk management strategies.

GPS Forex Robot 3

Features

  • Full automation for forex trading
  • Real-time analysis of target markets
  • Built-in risk management tools

Pros

  • Beginner-friendly
  • Trading system customizable
  • All-market compatibility

Cons

  • Demands heft brokerage
  • Transparency issues in its black box system

Pricing

  • No free version is available.
  • Lifetime fee: $149

Link: GPS Forex Robot 3

9. The Trading Analyst

The Trading Analyst is an AI-driven forex trading app that harnesses the power of automation. It offers smooth trading features to assist beginners and pro traders. Get real-time alerts and notifications from this platform.

The Trading Analyst

Features

  • Trading notifications via messages
  • Track portfolio real-time
  • Learning easily from educational content

Pros

  • Easy-to-follow notifications
  • Swing trading effectiveness
  • Trading reports for portfolio analysis

Cons

  • Pricier subscription plans
  • Research reports are not deep
  • No free plan is available

Pricing

  • Monthly: $147/month
  • Quarterly: $357/3 months
  • Annual: $787/year

Link: The Trading Analyst

10. ZuluTrade

ZuluTrade is a unique AI platform with a social networking angle. It allows traders to follow and copy proven techniques of forex trading. Users can rank signal providers considering their performances.

ZuluTrade

Features

  • Multiple trading platform integration
  • Social trading features
  • Risk management tools
  • Mobile app available
  • Real-time signals

Pros

  • Cross-platform forex trading
  • Social Intelligence
  • Broker neutral platform

Cons

  • Might be risky for new traders
  • Have to follow partnered brokers

Pricing

  • It has a free plan for choosing one integrated broker.
  • Subscription: $10/leader strategy/month

Link: ZuluTrade

Comparison Between the Best AI Platforms for Forex Trading

AI Forex Trading Platform

Features

Free Version

Pricing

Capitalise.ai

  • trading strategy automaton
  • back-testing and simulation tools

Free

No charge

Learn2Trade

  • Instant notifications via Telegram
  • L2T Algo AI for market analysis

Free version available

Starts from $27.21/month for a six-month plan

Forex Fury

  • AI trade execution
  • risk assessment

No

$249.99 for one user lifetime license

Forex Gump

  • Trading automation
  • Cloud-based platform

Free version available

$251.84 for a lifetime subscription for one user

Composer

  • AI assistance for strategy design
  • No-code NLP model

Free version available

$16/month onwards

1000pip Climber System

  • Trading style adaptation
  • Built-in strategies

No trial period

$299 for a lifetime subscription

Forex VPS

  • Dedicated server creation
  • Very low latency

No free plan

$22.81/month onwards

GPS Forex Robot 3

  • Full automation
  • Real-time market analysis

No free plan

$149 for a lifetime subscription

The Trading Analyst

  • Trading notifications
  • Portfolio tracking

No free plan

$147/month onwards

ZuluTrade

  • Social trading
  • Cross-platform interface

Free plan for choosing an integrated broker

$10/leader strategy/month

Start your Forex Trading Journey with AI

Use this comprehensive list of the best AI platforms for Forex Trading and find a compatible one. Check for cross-platform compatibility and notification features to get real-time updates. Work on your forex strategy by using the built-in plans and risk management tools. Choose a platform that offers regular accurate portfolio analysis reports to take your forex trading to the next level.

FAQs – Best AI Platforms for Forex Trading

Which AI platforms can assist in forex trading?

The best AI platforms for forex trading in 2024 are:

  1. Capitalise.ai
  2. Learn2Trade
  3. Forex Fury
  4. Forex Gump
  5. Composer
  6. 1000pip Climber System
  7. Forex VPS
  8. GPS Forex Robot 3
  9. The Trading Analyst
  10. ZuluTrade

Is there an AI for forex trading?

There are multiple options available as web and software applications that leverage AI for accurate forex trading. The software platforms are Forex Fury, 1000pip Climber System, and GPS Forex Robot 3. The best web apps are Capitalise.ai, Learn2Trade, and The Trading Analyst.

How can I choose an AI forex trading platform?

Here is the list of factors you can consider to choosing a suitable AI forex trading platform.

  • Your trading style, risk tolerance and other personal requirements
  • Customized strategy formation
  • Algorithmic architecture
  • Data source
  • Strategy evaluation and implementation
  • Subscription plans
  • Security and regulations

Compare the top names by following these factors and choose a suitable AI forex trading platform.

Can I use an AI forex trading platform without learning code?

The best AI platforms for Forex Trading without coding requirements are Composer, Forex Fury, and Capitalise.ai. These platforms use an advanced NLP model to interpret your human-text commands for monitoring markets and executing trades.



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