Risk disclosure
Please read this before you buy or run any of our tools.
Trading carries a high risk of loss
Trading foreign exchange (forex), gold and other contracts for difference (CFDs) on margin carries a high level of risk. Leverage magnifies losses as well as gains, and you can lose some or all of the money in your trading account. Only trade with money you can afford to lose.
We sell software, not advice
BestForexTool sells expert advisors, indicators and utilities for MetaTrader. We are not a broker, an investment adviser or a money manager. Nothing on this website is investment, financial, tax or legal advice, or a recommendation to buy or sell any instrument. You decide whether to use our tools, on which account and with which settings, and you are responsible for every trade placed on your account.
Past results don’t predict future results
Live results show what a tool did on one account, with one broker, over one period. Backtests are hypothetical: they show how the rules would have performed on historical prices, with the benefit of hindsight, and they can’t fully reflect spreads, slippage, commission, liquidity or execution. Neither live nor backtested results guarantee future results, and yours will differ.
Automated trading has its own risks
An EA can fail or behave unexpectedly because of software errors, platform updates, broker changes, internet or VPS outages, wrong settings, or market conditions its strategy was not built for, such as price gaps, sudden volatility or news. Stop losses may be filled at a worse price than the level you set.
Prop firm accounts
Prop firms set their own rules and change them. A tool that follows your risk settings cannot guarantee that you pass an evaluation or keep a funded account.
Local rules
The rules on leveraged trading differ by country, and some brokers, including US brokers, don’t permit strategies such as hedging. Use our tools only where it is lawful for you to do so.
Your responsibilities
Test every tool on a demo account first, use the settings and account size the tool’s documentation recommends, monitor your account, and read your broker’s and prop firm’s rules.
Questions?
Contact us before you trade.