Read first: the risks
- No robot removes market risk. Trading is risky and you can lose all your capital, on a phone or a computer.
- CFDs are complex products and may not suit everyone. Higher volatility means higher risk.
- Past performance is not an indication of future results.
- Test on a Demo account for at least 2-4 weeks, then start small. Use only money you can afford to lose.
The short answers
| Can I... | Answer |
|---|---|
| Run an EA inside the MT5 Android or iPhone app | No. MT5 phone apps do not run EAs or custom indicators. |
| Install a robot APK so MT5 on my phone trades by itself | No. An APK is a separate app. It does not add an EA to the MT5 app. |
| Run an EA on MT5 on a computer or VPS | Yes. That is where EAs run. |
| Watch that account on my phone | Yes, in the MT5 app. |
| Start, stop or set up the EA from the MT5 app | No. Do that on the computer or VPS. |
Is a forex robot APK safe?
Treat it as high risk. US regulators describe the same pattern. FINRA warns of fake trading apps promoted through imposter websites with download links, where deposits go to the scammer and withdrawals get blocked until you pay more. The CFTC warns of scammers who tell victims to download forex software or mobile apps, then show winning trades on a manipulated app.
Those warnings are about fake trading apps in general and do not name any one robot. Check any robot app against these signs:
- It asks for your MT5 login and password. Anyone with your password can trade your account from anywhere.
- It promises a win rate, a daily profit or no losses.
- It installs only from a link, not from an app store. A store listing alone does not prove an app is genuine either.
- It wants your deposit on its own platform instead of your broker account.
- It asks for a fee or tax before you can withdraw.
Install MT5 itself only from your phone's official app store or through the MetaTrader 5 site.
What works: run the EA elsewhere, watch on your phone
- Install MT5 on a computer, or on a VPS, which is a rented computer that stays on 24 hours.
- Install the EA with our install guide, turn on Algo Trading and leave MT5 open.
- On your phone, log in to the same account in the MT5 app to see orders and profit or loss.
- To change a setting from your phone, open the VPS with a remote desktop app.
A VPS costs money every month, so count it as a trading cost. If the computer or VPS goes off, the EA stops working and any open trades stay open without it.
Our free EAs
Our EAs are files for MT5 on a computer. We have no Android or APK version, and unlocking one asks for your MT5 account number, never your password.
Every EA is free for MT5 accounts opened through our partner (IB) link. One account works for all of them, with no separate request. A Demo account cannot unlock the download, but once you have a trading account you can open a Demo account and test the EA there.
Exness does not accept residents of some countries, including the US, Canada, the UK, most of Europe, Australia, Japan, India, Malaysia and Singapore. This offer is not for residents of those countries. Please check before you open an account.
RoboForex is the other broker you can use. It does not accept or serve residents of some countries either, including the US, Canada, Japan, Australia, Brazil, Indonesia, Russia, Turkey, the UK and the EU. Please check before you open an account. After you log in, the unlock window shows the brokers open in your country.
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Sources
Checked on 6 November 2026.