Who's behind MT5 Gold EA

A fair question for any free trading tool is: who actually makes this, and what's in it for them? This site publishes a checklist for vetting a free gold EA — so it's only right that we pass our own test. Here's the honest version.

The person who runs it

My name is Dennis, and I build and run automated gold (XAUUSD) strategies for MetaTrader 5. MT5 Gold EA isn't a faceless download I resell — it's the exact engine I run on my own live accounts, and every client account running it reports into the live fleet index you can inspect yourself. When the EA changes, it changes on my accounts first.

That's the whole reason the safety stack exists the way it does: I'm not optimising a screenshot to sell a course, I'm trying to keep real accounts — including mine — alive through bad days. The capped grid, the always-on equity kill-switch, the news filter, the minimum-balance gate: those are the things that let me sleep while it runs.

Why it's free — the honest version

The EA costs you nothing because the business is introducing-broker (IB) commission, not software sales. When you open a broker account through one of the partner links on this site and trade with it, the broker shares a small part of its normal spread with me — at no extra cost to you. Your spread is the same whether you use my link or not.

So the model only works if your account stays open and active, which means my incentive is genuinely aligned with yours: I want the EA installed correctly, your account funded sensibly, and the whole thing running for a long time. A blown or abandoned account earns nothing. That's why so much of this site is setup guides, safeguards, and monitoring rather than hype.

I won't pretend there's no commercial interest — there is, and now you know exactly what it is. What there isn't is a subscription, an upsell, a "VIP signals" tier, or a paid unlock. The EA and the license are free for as long as your account stays funded and active.

What I promise — and what I don't

• I don't promise profits. Nobody honest can. Trading gold on margin carries a real risk of losing money, and a grid strategy can draw down. Anyone guaranteeing returns is misleading you.
• Your money stays yours. Your deposit lives in your account at your regulated broker. I never receive it, hold it, or have any way to withdraw it. You can withdraw any time.
• I show the same data I'd want to see. Two independently-tracked live accounts, a live index of real client accounts, published with its best, median and worst, and version stamps that can't advertise a stale build.
• I answer. There's a real inbox and real monitoring behind this — see below.

Risk & disclosure. Trading foreign exchange, gold and CFDs on margin carries a high level of risk and may not be suitable for all investors. You may lose some or all of your capital. Some links on this site are partner (introducing-broker) links from which we may earn a commission at no extra cost to you. Nothing here is financial advice. See our full Risk Disclosure.