GoldBot Air is an automated XAUUSD Expert Advisor for MetaTrader 5. This guide shows how to run it on a EC Markets (also known as ECMarkets) account, what to check first, and how to get your licence.
| Regulated by | ASIC (Australia), FCA (UK), FSA (Seychelles), FMA (New Zealand), FSCA (South Africa) |
|---|---|
| Founded | 2010 |
| Headquarters | United Kingdom |
| Platforms | MetaTrader 4 |
| 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 EC Markets as long as your account is on MT5. EC Markets offers MetaTrader 4, so make sure you open an MT5 account: GoldBot EAs are MetaTrader 5 only.
GoldBot Air v3 trades BUY and SELL sides on gold, starts new trades only on GoldBot SideKick Signals, locks profit on winners and trails them, manages losses with a capped recovery system and stops at a daily target. How GoldBot Air works.
| Check | What we suggest |
|---|---|
| Platform | MetaTrader 5 (GoldBot EAs are MT5 only), hedging account |
| Symbol | XAUUSD, with whatever suffix your EC Markets account uses |
| Spread on gold | $0.30 or less for GoldBot Air v3; Raw or ECN accounts are usually cheapest |
| Account size | From about $2,000 on USD accounts, or 200,000 USC 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 EC Markets you can start with a free 5-day demo key, then a 7-day Instant Demo or a Monthly licence, paid with GoldBot Credits or USDT. One key runs every GoldBot EA. 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 EC Markets account runs on MetaTrader 5 and offers XAUUSD (gold). EC Markets offers MetaTrader 4. GoldBot Air works with any MT5 broker that offers gold; it is not available for MetaTrader 4, so open an MT5 account.
Every account starts with a free 5-day demo key, then a 7-day Instant Demo or a Monthly licence paid with GoldBot Credits or USDT. It is free if you trade through one of our partner brokers instead, and the same key also runs GoldBot CandleGuard.
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 EC Markets MT5 Market Watch and attach the EA to that chart.
According to ForexXP, EC Markets is regulated by ASIC (Australia), FCA (UK), FSA (Seychelles), FMA (New Zealand), FSCA (South Africa). 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 EC Markets's trading server keeps it online 24 hours a day, 5 days a week.
No. EC Markets is a trademark of its owner. GoldBot is independent and not affiliated with or endorsed by EC Markets.
EC Markets is a trademark of its owner. GoldBot is independent and is not affiliated with or endorsed by EC Markets. Trading leveraged products such as gold carries a high level of risk and can result in the loss of your entire capital.