Name

ForexIGO

Legal name

AVENIX FZCO

Website

https://forexigo.com/

Company type

Private

Founded year

2016

Operating status

Operating

Ownership category

akta.pro rank

Headquarters

HQ city

Limassol

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Marketing or Sales, Personnel, Operations, Others

Revenue model

1. One-Time Software License: Customers pay a single one-time fee for a perpetual license to use the Forexigo EA software. No subscription or recurring fees. License covers both XAUUSD and GBPUSD modules under a single purchase.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

ForexIGO sells a single perpetual software license for its ForexIGO Expert Advisor (EA), a MetaTrader 4-based algorithmic trading robot that simultaneously trades Gold (XAUUSD) and GBPUSD on the M30 timeframe using a three-layer confirmation system (Moving Average trend, oscillator screening, and candlestick engulfing patterns). The XAUUSD module uses a 1.5:1 reward-to-risk ratio and the GBPUSD module uses a 1:1 ratio, each with independent parameter sets, an optional light Martingale recovery sequence, and institutional-grade global circuit-breaker stop levels.

Product overview

ForexIGO offers a single unified product: the ForexIGO EA (Expert Advisor), a dual-asset forex trading robot built exclusively for MetaTrader 4. The product bridges XAUUSD (Gold) and GBPUSD trading in a single license, with two independently optimized modules under one system. The Gold module applies a 1.5:1 reward-to-risk ratio calibrated to gold's extended directional moves, while the GBPUSD module uses a 1:1 ratio suited to the pair's tighter range behavior. Both modules operate on the M30 timeframe and share a three-layer entry confirmation system (Moving Average trend, oscillator screening, and engulfing candlestick validation). A light Martingale recovery mechanism is available for managing losing positions. The product requires a minimum capital of $10,000 USD and is available for purchase at $10,000.00 with a one-time license.

Differentiator

Problem solved

Functional benefit

Products and services

• ForexIGO EA A dual-asset MetaTrader 4 Expert Advisor (forex trading robot) that simultaneously trades XAUUSD (Gold) and GBPUSD on the M30 timeframe. The XAUUSD module uses a 1.5:1 Take Profit to Stop Loss ratio with one concurrent position, while the GBPUSD module uses a 1:1 ratio with up to four concurrent positions. The system employs a three-layer entry confirmation process (Moving Average trend, oscillator overbought/oversold screening, and bullish/bearish engulfing candlestick validation), an optional light Martingale recovery mechanism, and institutional-grade global stop-level circuit breakers. It is sold as a $10,000 USD one-time perpetual license covering both modules, with a minimum $10,000 trading capital requirement and a free demo available for download. Target users are individual retail forex traders who want automated, systematic exposure to Gold and GBPUSD.

Quantifiable outcome

• 24.69% maximum drawdown since 2016
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability3 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Thinkberry SRL (Tick Data Suite)coreTechnology or IntegrationTick Data Suite by Thinkberry SRL provides 100% quality tick data used for optimizing Forexigo's trading parameters since 2016. This dataset accurately models real-world slippage, spread conditions, and execution behavior, ensuring the EA is refined against high-quality historical data.
• MyfxbookcoreTechnology or IntegrationMyfxbook provides independent live performance tracking and verification for both XAUUSD and GBPUSD modules. The complete trading history is publicly accessible, offering transparency on the EA's actual performance. The martingale recovery sequence history is also documented on this platform.
• MetaQuotes (MetaTrader 4)coreTechnology or IntegrationForexigo operates exclusively on the MetaTrader 4 (MT4) platform. The EA is installed in the MQL4 Experts folder and functions through MT4's Expert Advisor system on both XAUUSD and GBPUSD M30 charts.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• GPS Forex Robot: Long-running MT4 Expert Advisor selling automated forex signals to retail traders. Direct competitor to ForexIGO in the same one-time-license MT4 EA category with comparable target customers.
• Forex Fury: Popular MT4/MetaTrader forex robot sold as a one-time license to retail traders. Competes head-to-head with ForexIGO for the same algorithmic-trader buyer profile.
• Perceptrader AI: AI-driven MT4/MT5 Expert Advisor for automated forex trading targeting retail users. Closely comparable positioning as an 'AI trading bot' on the same MetaTrader platform.
• Waka Waka EA: MT4 expert advisor marketed to retail forex traders with perpetual-license pricing. Operates in the same product category, distribution channel (own e-commerce site), and customer segment as ForexIGO.
• FXStable: Vendor of automated forex trading robots sold to retail users via direct online purchase. Overlaps with ForexIGO in product type (EA), distribution (self-serve web sales), and end customer (retail forex trader).

Others

• MetaQuotes (MetaTrader): Developer of the MetaTrader 4/5 platforms on which ForexIGO's EA runs. Platform dependency and ecosystem enabler rather than a competitor.
• Myfxbook: Independent forex performance verification platform that publishes ForexIGO's live track record. An ecosystem infrastructure provider rather than a competing product.
• EarnForex.com: Independent forex education and EA review portal that covers and reviews MT4 expert advisors including those competing with ForexIGO. Functions as a discovery and comparison channel rather than a direct competitor.

Emerging players

• Capitalise.ai: No-code AI automation platform for retail traders to build and backtest algo strategies. Adjacent rather than directly competing, but addresses the same AI-automated-trading demand as ForexIGO.
• AlgoBulls: Algo trading platform offering automated strategy execution for retail and prosumer traders. Partial overlap with ForexIGO's automated-trading value proposition though delivered via platform rather than downloadable EA.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ForexIGO