It is an MT5 Expert Advisor that receives secure trading instructions from the PipsLab system and automatically executes and manages eligible trades inside your own MT5 terminal.
Frequently asked questions.
Clear answers about the PipsLab EA Bot, demo access and MT5 automation.
Simple AnswersStraight to the point
Real SupportWe're here to help
TransparentClear product information
Built for TradersPractical MT5 automation
No. Trading instructions are supplied by the PipsLab system. The EA Bot handles the MT5-side execution and position management inside your terminal.
No. You do not enter your MT5 account password into the public PipsLab website. The EA Bot runs inside your own MT5 terminal.
No. The demo is intended for supported MT5 demo accounts so you can evaluate the EA Bot workflow before considering subscriber access.
Not necessarily. Broker pricing, spreads, slippage, latency, liquidity, contract specifications and connectivity can create differences in execution and results.
No. Trading involves risk. No EA Bot, algorithm or trading system can guarantee profit or eliminate losses.
You verify your email, create your PipsLab member password and receive access to your member area, demo licence and secure EA Bot download when available.
PipsLab supports broker symbol mapping for compatible markets. Broker, account and instrument compatibility must still be supported by the PipsLab service.
PipsLab staff use a separate secure administration area. Customer access remains through the PipsLab Member Login.
Secure & PrivateYour account stays in your control.
Easy to Set UpClear steps to get connected.
Transparent ProcessClear access and account status.
Ongoing SupportHelp when you need it.
Ready to experience the PipsLab EA Bot?
Create a free demo profile and see how it works. No payment required.