GoldBot Air is an automated XAUUSD Expert Advisor for MetaTrader 5. This guide shows how to run it on a FP Markets account, what to check first, and how to get your licence.
| Regulated by | ASIC (Australia), FCA (UK), FMA (New Zealand) |
|---|---|
| Founded | 2005 |
| Headquarters | Sydney, Australia |
| Platforms | MetaTrader 4 and MetaTrader 5 |
| Gold (XAUUSD) | Available on MetaTrader accounts |
Source: ForexXP broker profile. Check the regulator of the exact company you open your account with.
Yes. GoldBot Air runs on any MetaTrader 5 account that offers XAUUSD (gold), so it works on FP Markets as long as your account is on MT5. FP Markets offers MetaTrader 4 and MetaTrader 5.
GoldBot Air reads the gold trend with EMA and ADX filters, manages trades with a recovery system and protects profits with daily targets. How GoldBot Air works.
| Check | What we suggest |
|---|---|
| Platform | MetaTrader 5 (MT4 only with the legacy v1.6 build) |
| Symbol | XAUUSD, with whatever suffix your FP Markets account uses |
| Spread on gold | Ideally under 25 points ($0.25); Raw or ECN accounts are usually cheapest |
| Account size | From about $1,000 on USD accounts, or from $500 on cent accounts |
| Leverage | High enough that margin stays a small part of the balance |
| Uptime | A VPS, so MetaTrader runs 24/5 |
Test on a demo account first and use settings you can afford: automated trading can lose money.
On FP Markets you can start with a one-time free trial, then choose a weekly or monthly plan, paid with GoldBot Credits or USDT. The licence is free if you trade through one of our partner brokers instead: GTCFX, Neex, Star Trader, OEXN.
One key is tied to your MT5 account number and is planned to work in every GoldBot EA.
Whatever you trade with, the free GoldBot App gives you live XAUUSD Scalping and Trend signals, a live candlestick chart, price alerts, key levels and pivots, a daily market brief, a volatility meter, a lot-size calculator and the US news countdown with past impact.
Yes, as long as your FP Markets account runs on MetaTrader 5 and offers XAUUSD (gold). FP Markets offers MetaTrader 4 and MetaTrader 5. GoldBot Air works with any MT5 broker that offers gold.
GoldBot Air offers a one-time free trial on any broker, then weekly or monthly plans paid with GoldBot Credits or USDT. It is free if you trade through one of our partner brokers instead.
Usually XAUUSD, sometimes with a suffix that depends on the account type, such as XAUUSD.m, XAUUSD.c or XAUUSD#. Use the gold symbol that appears in your FP Markets MT5 Market Watch and attach the EA to that chart.
According to ForexXP, FP Markets is regulated by ASIC (Australia), FCA (UK), FMA (New Zealand). Brokers often run several companies under different regulators, so check which one your account is opened with.
Strongly recommended. An EA only trades while MetaTrader is running, so a Windows VPS close to FP Markets's trading server keeps it online 24 hours a day, 5 days a week.
No. FP Markets is a trademark of its owner. GoldBot is independent and not affiliated with or endorsed by FP Markets.
FP Markets is a trademark of its owner. GoldBot is independent and is not affiliated with or endorsed by FP Markets. Trading leveraged products such as gold carries a high level of risk and can result in the loss of your entire capital.