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.
Who we are
CheaperForex sells Forex Expert Advisors and indicators for MetaTrader 4 and 5. We buy licenses in bulk directly from developers and the MQL5 market and pass the saving on, so you get the same official product at up to 80% below the retail price.
Exclusive MT5 EAs are activated inside your terminal by us, usually within hours of purchase, with every future update arriving the moment the developer releases it. Download products arrive by email the moment you pay, with updates added to your account when we receive them.
We also make two EAs of our own, 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. Exclusive MT5 products are activated through the MQL5 market. 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. Managed installs are usually done within hours during support hours.
Real people on support
Traders, not a ticket queue. Telegram and email, with free remote installation if you get stuck.
Our own EAs
Two products we built and 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.
View DowGold
PrismAlgo EA MT5
Cloud-connected, so its strategy adapts as markets change. Trades 28+ forex pairs, Gold and Bitcoin. 7-day free trial, results on MyFXBook.
Start the free trialFounded by a trader
Peter Jones
Founder, full-time trader
Over 18 years 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
- Our own EAs are tracked on real accounts, published live on MyFXBook
- Pay by card through Stripe, Apple Pay, Google Pay or crypto. We never see your card details
- Free installation help with every purchase
- No group buys, no pirated copies, no shared licenses
Questions before you buy?
Read what customers say, see why we are not a scam, or just ask us.
Recently added
Pay by card through Stripe, or with crypto. Your card details never touch our servers.
Downloads arrive straight after payment. Managed installs are usually done within hours.
We simply will not be beaten on price.