About CheaperForex

A marketplace for genuine Forex Expert Advisors at prices that make sense. Founded in 2019, run by a trader, and honest about what an EA can and cannot do.

28,000+Customers since 2019

1,490+Products in the store

4.6 / 5Rated Excellent on Trustpilot (opens in a new tab)

2EAs we trade ourselves, results live on MyFXBook

Who we are

CheaperForex sells Forex Expert Advisors and indicators for MetaTrader 4 and 5. We buy licenses in bulk directly from developers and pass the saving on, so you get the same official product at up to 80% below the retail price.

Every EA is an instant download, ready in your account the moment you pay, with free lifetime updates. EAs over $300 also include an optional free remote installation.

We also trade two EAs ourselves, DowGold and PrismAlgo. Both are tracked on real accounts published live on MyFXBook, because we would rather show you than tell you.

What sets us apart

The EA market is full of inflated prices, unverified claims and outright scams. We built CheaperForex to be the alternative: fair prices, genuine products, and results you can check.

Genuine, not cracked

Every EA is the official version, delivered as an instant download. No cracks, no DLLs, no shared licenses.

The lowest honest price

Up to 80% below MQL5 for the same product. No group buys, no pirated copies, no second charge for updates.

Fast delivery

Downloads arrive instantly.

Real people on support

Traders, not a ticket queue. Telegram and email.

The EAs we trade ourselves

Our #1 recommended EAs and the two we trade ourselves, both with real accounts tracked publicly on MyFXBook.

DowGold EA MT5

The EA we run our own money on. Gold, US30 and Silver, four risk modes from steady compounding to prop firm safe. Tracked on a real $50K account, published live on MyFXBook.

From$624.95

From $499.96 with crypto

View DowGold

PrismAlgo EA MT5

Cloud-connected, so its strategy adapts as markets change. Trades 28+ forex pairs, Gold and Bitcoin. Lifetime licenses for 1, 2 or 5 accounts, results on MyFXBook.

Lifetime licenses from$699.95

From $559.96 with crypto

View PrismAlgo

Founded by a trader

Peter Jones

Founder, full-time trader

Over 10 years of experience in algorithmic trading and the forex industry. Peter built CheaperForex in 2019 so traders could get premium Expert Advisors without the MQL5 price tag, and he still tests and chooses what goes in the store. DowGold is the EA he trades himself.

What we stand by

Every product is the official version, activated or delivered the way the developer intended
A 7-day refund policy, with the terms written plainly in the FAQ
The EAs we trade ourselves are tracked on real accounts, published live on MyFXBook
Pay by card, Apple Pay, Google Pay or crypto. We never see your card details
An installation guide with every download, plus optional free remote installation for EAs over $300
No group buys, no pirated copies, no shared licenses