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Expert Advisors Reviews
Have you ever seen the historical performance of an Expert Advisor and ever wanted to jump in right in the beginning? Some charts simply look too good to be true – one can get the feeling they have already missed the gains and the system will surely backfire at this point. This will be a review of a fairly new robot, with which you can jump in at the very start of the profit graph … if the system is worth anything that is.
The system we will review is the Forex Cyborg Robot. The fact it is fairly new comes with a couple of disclaimers we have to make in the beginning: the historical performance is for an extremely short period of time, which makes it less credible. Furthermore we reserve the right to reevaluate this review in the future.
The developers of the Forex Cyborg Robot provide little clarity on its trading strategy. This is generally a bad sign. Their website cites things like Neural Networks and Deep Learning. These are fairly advanced concepts, which sound catchy and like a solid investment to the average trader. However no proof of their claims is provided.
On the other hand their myfxbook account, which we will get to more deeply later, tells a very different story. Trades are being open near the end of the day, at periods of rather low liquidity and closed shortly after, as shown in this illustration:
This makes the Forex Cyborg Robot a night trader. These systems are one of the rather dangerous ones, which can be very broker dependent. Although this strategy works perfectly on paper and during backtesting, concerns often appear during live trading.
The aforementioned myfxbook account is being traded at FXPIG. Its current history is only about three months old, with a 25% gain. The profit chart is very smooth, with lots of small profits being taken often. This reinforces our opinion about the system’s way of entering new positions. Here is the graphic representation:
The risk parameter, for this account, is set at 4.5%, by the developer’s claim. We are not certain if this is the maximum risk per trade, as a portion of the account balance. The drawdown suggests this is not the case, as such a drawdown appears only once. Here is the chart:
The 4% level is only touched once, with even lower levels being present for most of the time. Do remember this account is still a relatively new account, so bigger downswings are to be expected.
The average pips per trade of this strategy is currently 5.1 pips. This is an important factor, when comparing systems. Anything under 5 pips is not recommendable, as factors such as the spread will play a huge factor in determining your results. For instance, the Rocket EA only scores 1.6 pips, which makes it vulnerable.
The price of the Forex Cyborg Robot varies between EUR 299.99 to EUR 599.99, depending on the way you want to use it. The difference comes in the number of accounts which you can use the system on and the number of pairs you are allowed to trade. Here are the full details, as provided by the developers:
This may be a bit steep, considering other systems can be obtained for far less. At least these are one time payments.
The Forex Cyborg Robot is a fairly new automated system. The results on its verified myfxbook account lead us to believe it is a night trade, although the developers state it is a very advanced algorithm. Trading with this system will be risky in our opinion, but there is a potential for vast gains. We will update this review in the future, as this is a system with little trading history.
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FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.
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Forex Fury EA Review – Is it scam or good forex system?
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FXCharger EA Review – Is it scam or good forex system?
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Inertia EA Review – is it scam or good forex system?
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Funnel Trader EA Review – Is it scam or good forex system?
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Cash Cow EA Review – is it scam or good forex system?
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Forex Robot Review : Genuine Forex Trading Software Or Scam? Find Out
If you are searching for a legitimate Forex Robot review, you have just reached the right spot on the internet. Forex Robot software is one of the most reliable trading packages currently on the market. This Forex Robot review software is a rare example of software which actually works as advertised. It does not claim to generate impossible amounts of money overnight – but is instead geared towards making reasonably steady and consistent income. Clients can choose to trade a variety of markets/options via the Forex Robot trading system, but do be aware that it does expect users to already have some understanding and grounding in the basic principles.
Forex Robot Review- Is It a Reliable Forex Trading Software Or A Scam?
When used effectively and with a long-term strategy to generate quality returns, the Forex Robot app is without question one of the best products out there. That’s not to say it is 100% perfect though. As we’ll discuss over the course of this Forex Robot review, there are a couple of flaws that we’d like to see ironed out in due course. Yet for now, this is a very impressive Forex Robot package that is clearly moving in the right direction.
What Is Forex Robot Software?
Yes – the name alone made our Forex Robot review team automatically cynical. Usually combining Forex and Robots equals nothing more than an opportunistic scam. Throw in cryptocurrency trading and those red flags automatically start spinning! In all truth, we weren’t expecting much – but my goodness we were surprised by Forex Robot results. Here’s a quick description of the finest features that Forex Robot website offers:
Every investment is going to have a chance of risk. This is why we always go out of our way to support platforms that offer realistic, long-term earnings. Forex Robot crypto trading software is specifically designed to work as the most prudent financial advisor going. It will generate consistent profits on the lowest risk setting, but also can be customized for those looking to score big on a cryptocurrency boom with any generated profits. Now is the time to reinvest!
Usually, we try and steer clear of jargon and fancy wordplay – but in this case, they’re very relevant. The Forex Robot review app uses what is very close to a perfect polynomial algorithm. In layman’s terms, this means that it is constantly measuring risk and exposure. After testing on the most conservative of settings (we’re not made of money!) it delivers more than nine times out of ten. Small trades, low exposure = smart trading.
Playing it safe is always the best way to trade any currency pair, but it can be a long-term process. Those who opt for this sensible way of trading will usually make much more cash than they would with a savings account/typical shares.
But that’s pretty boring – right? Let’s be frank – people looking at investing in a currency exchange are aiming to make big money as quickly as possible. Yet now and again even the highest rollers need to settle down and relax while their cash continues to multiply. This is why Forex Robot system is a fantastic option.
As I already stated in this Forex Robot review, Those with the bankroll may be thinking that Forex Robot cryptocurrency trading is a little too conservative for their tastes. After all, the cryptocurrencies are almost all enjoying a massive boom at the moment. Sure it may not last forever, but the likes of Monero are keeping the more established currencies on their toes. All of this equates to one thing – it’s a fantastic market for those willing to risk a little but potentially make a lot.
Forex Robot offers three systems for traders to work with. To some that may sound a little on the low side, but the fact is that they’re actually going to perform as instructed. We’ve tested them and there is a very noticeable difference between each system. At the time of writing the Forex Robot free join website invites:
Forex Robot Cryptocurrency Trading App- How to Use It Effectively?
The strategies discussed earlier in this Forex Robot review are one thing, but deciding upon which currency exchange to trade with is an entirely different technique. Anyone who hasn’t done their basic reading/lessons on how trading works ought to stop now and head back to the classroom. Experienced traders will take delight in the variety of indicators offered by Forex Robot website.
It is a highly customizable platform. Clients can choose between six indicators (including the all-important Stoch and MACD) to make their pair, and there’s also no limit on how many you choose to trade with. Spot a potentially great deal but want to ensure it with a safe market? Forex Robot trader is the best and most trader friendly platform we’ve seen in a long time for this very reason. You can place and trade within seconds under your own business platform.
Without question the flexibility and transparency of Forex Robot Review software make it stand out from the crowd. This is a demonstrably effective trading platform that goes out of its way to serve their clients.
The Forex Robot Supported Currencies & Exchanges Reviewed!
The big standard exchanges are currently available – EUR/USD, EUR/JPY, GBP/USD, USD/JPY, AUD/USD, USD/CHF, EUR/GBP, USD/CAD.
For those looking towards the burgeoning trend of interest in cryptocurrencies, Forex Robot ROI also offers platforms for trading Bitcoin, Dash, ETC, Ethereum, Litecoin & Ripple. We’d like to see Monero added to this list in due course, but otherwise, it’s as comprehensive enough a range of ‘virtual’ currencies to get along with. Those few who were bold enough to early invest in virtual currencies – and hold their nerve when exchanges occasionally plummet – are now very rich. With more currencies coming online, the likes of the Forex Robot review trading platform would serve as an ideal base looking towards the future.
Does ForexRobot.Com Really Work?
So far – so good. Forex Robot cryptocurrency trading system is a completely legit trading platform, but there were a couple of warning signs here. The minimum deposit is the classic scammers $250 – although you can invest much more. This alarmed us a lot – so we checked out how these funds are managed. Much to our relief, the Forex Robot platform specifically links you to a variety of credible brokers depending upon your chosen strategy. Make no mistake – they will manage your funds and have a proven track record that is verified across the web. As with any investment – take the prospected earnings with a pinch of salt – but we’ve yet to see any certain evidence that the likes of UPINFIN and Greenfields are scammers.
Is Forex Robot A Scam Forex Auto Trading App?
After plenty of testing both live and via their demo system, our Forex Robot review conclusion has to be that the Forex Robot app is excellent. The aspect of being entirely in control of how you wish to trade with quality brokers cannot be underestimated. Most Forex scams are based on the premise that it’s a kind of financial dating agency. Pay your money – take your chance. Forex Robot website is partners with quality brokers who have a strong reputation for working the markets for their clients.
That being said – despite their quality track record (verified online from many sources) – they aren’t regulated. We’d suggest this is a potentially superb choice for those looking to make a return but do so in small numbers, to begin with. There’s no indication that there are any unusual limits on withdrawals, which suggests to us that this is a forward-thinking company with masses of potential. Most certainly not an opportunistic Ponzi!
Conclusion- The Forex Robot Automated Trading Robot is a Genuine one. Recommended!
If we had to sum up the Forex Robot review in one sentence it would simply be “quality service for those who know what they’re doing”. The cryptocurrency aspect is fascinating and well worthy of a little punt, but for us, the broad range of spreads and essential pairs are what makes Forex Robot program stand out from the crowd. Throw in a frankly glorious range of quality and customizable time frames adds that essential personal touch which makes it far and beyond a typical ‘bot’.
Sure – there’s no doubt that the Forex Robot software is a classic referral system. They will make a nice commission for referring your trading business to their brokers. Usually, this would scream scam – but the truth is that now and again there’s going to be a penny in the woodpile. They approach trading – be it either classic Forex or the cryptocurrency ‘upstarts’ from a wholly professional and mostly realistic angle.
Overall our Forex Robot review would suggest this is a superb way of generating decent returns in the long term. As with any crypto service, It’s advisable to take the commission hit and withdraw profits as they accumulate – but there are no overt signs that Forex Robot plans on exit scamming anytime soon. Quality and professional platform with excellent brokers. Noting not to like! Highly recommended.
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BEST TRADING ROBOT
We all probably ask the same question over and over: How To Choose The Best Trading Robot? There is a countless number of Online Trading Software, but choosing the right one is not so easy.
As a scam investigator, I have tried more than 60 robots. We selected the top ones that integrate with reliable Stock and Shares trading brokers.
TOP ROBOTS April 2020
“Choosing a reliable Trading Software saves you time and money. This way you can focus on improving your knowledge and further develop your trading career..”
Ben Savicki, Chief Scam Investigator
Top 3 Warning Signs of Trading Scams
Warning Sign #1: Unrealistic Results
We have all seen those high results advertised via email. Let’s get real – if one is achieving them, why would they share it? Ever? Please think more critically and try not to fall for these offers of stock trading software.
Warning Sign #2: Unrealistic Winning Ratio
In financial trading the single important thing is to win more trades than you lose. Period. If a system is winning in a high percentage of the cases all of the time, I doubt there’s gonna be a market at all. As long as you are above or around the average for the industry, your trading system may be classified as having a good performance.
Warning Sign #3: Unrealistic Time Frames
They all promise yielding results in 1 day. Well, well – again a marketing trick to fool you and a desperate call for your action. It is not unusual to make that kind of results in one day if you are an experienced trader, but just multiply the amount x 1000 traders. Do you think ALL of them will achieve the same? As you know the market is built on a single principle: there are winners AND losers. We can’t just all win. If we could, there would not have been a market at all…
Don’t leave Choosing an Investment Robot to Chance
Online trading is becoming more popular than ever. The number of annually-released crypto trading and CFD investment solutions is increasing. This is not surprising because every user shares information about his or her success with daily payouts and profit rates. Social networks and media platforms allow this to happen fast. Which makes the average person’s closest social circle do the same. It is like an investment spiral that only goes upwards.
Not every person is born with comprehensive cryptocurrency trading, Altcoin investment or asset price fluctuations understanding and comprehension at hand. This is where legit and authentic trading robots, pieces of software, and apps step up. Their role is to assist the average Joe and Jane in achieving stable daily payouts consistently. Most of them do not even require downloading. All updates and version renewals are done automatically, as long as one has an uninterrupted Internet connection.
Unfortunately, not every Bitcoin trading and Altcoin investment app is reliable and trustworthy. The world wide web has virtually opened the doors of perception and profits for many. Including some shady individuals whose intentions are as far from good and client-oriented as possible. Scams are nothing new to the world of online investments. They have been around, quickly changing skins and colors, adapting to the needs of the market. But mainly to their very own greedy intentions. Newcomers must be very wary not to fall innocent prey to sham creators. Experienced investors know this mainly from negative first-hand experience. A burnt child dreads the fire.
And a stitch in time saves nine. It is best to learn to distinguish between the scam and legit investment apps.
What Is a Forex Trading Robot? – Learn to Distinguish the Legit from the Scam Ones!
Any digital investment program (app) that can identify winning opportunities in the versatile Forex market is a legit FX robot. Most of them do not focus solely on foreign exchanges but also allow the user to carry out investments with other asset types – indices, stocks, and commodities. Some of them even offer cryptocurrency exchange possibilities. More companies around the world begin to recognize them as valid and viable payment systems.
There is also one more characteristic that can be attributed to legit Forex robots. It is the fact that they have established solid connections to licensed and regulated foreign exchange broker platforms. Placing your hard-earned savings into the hands of unknown individuals is never a lite step to take. It takes browsing through a ton of user testimonials, Forex software reviews, and client feedback.
Our team has a dedicated FX investment apps investigation team. We try to do all the preliminary work for you. So that the client is left to focus on the trading process itself and enjoy the results and solid daily payouts.
Here is how to recognize legit Forex trading solutions:
We have determined that the QProfit System is one of the top available choices for sustainable daily profits. It has been in operation for several years now. Never failing to provide its clients with everything they need. It has a reliable programming algorithm, consistent Forex trading payouts, and speedy withdrawals.
What Is a Crypto Trading App? – The Thin Red Line Separating the Legit & the Sham!
Cryptocurrency exchange investment solutions operate much in the same manner as Forex trading robots. They use the same principle. They too, sometimes, allow users to place trades with not only Bitcoins and Altcoins but also other asset categories. The crypto market is still, for the greater part, unregulated. It is also not very easy to find an authentic opportunity to achieve good daily payouts because of this.
Some cryptocurrency investment apps focus on a specific type of Altcoin or Bitcoin. Users are presented with the opportunity to engage in trades that involve only Ethers. Especially, if all facts point that their value will rise or fall. But then, it is always best to have a diverse range of assets. This way, if the price of one of them does not offer any fruitful opportunities, then there will always be another one which does.
Most crypto trading apps include two modes of operation – a manual and an automated one. Just like FX trading solutions! More experienced crypto traders can choose to trade on their own. They are allowed to apply any investment strategy or tweak that they have learned. Newcomers, however, can leave it all in the hands of the programming algorithm, letting the Altcoin investment bot do it for them.
This makes trusting an authentic crypto trading robot crucial to the amount of generated daily payouts. Here are some of the characteristics that every legit cryptocurrency investment robot should have:
Again, our team has done all the preliminary research instead of the end-user. We have managed to determine that both Bitcoin Loophole and Bitcoin Code System are legit and authentic BTC investment apps. They offer consistent profits and stable results. There is also access to a multimedia Education Center and a licensed partnering Altcoin broker platform. The sign-up is costless but the number of daily free spots is limited. Users must be quick to secure one.
How to Open an Account with a Crypto or Forex Trading Robot?
We will now exemplify the entire process of getting started with a cryptocurrency exchange software. Our goal is to make the procedure as clear and transparent as possible to the regular person and the newcomer. Let us run you through a quick 3-step method of opening a trading account with the cryptocurrency investment app.
Step 1. Sign-Up for Free
Registration does not take more than a couple of minutes. All that the client has to do is to enter a valid name, email address, country of origin, and telephone number. They will receive a confirmation letter in their inbox shortly after filling the digital form on the official website of the Altcoin investment app. Users must proceed and click on the link, applied inside. It will take them to a trusted, licensed, and regulated partnering crypto trading platform. A Personal Account Manager will call them shortly to clear out the details and help them set up an investment account.
Nota Bene! Customers must also choose a secure and safe password. It is best to choose one whose length is anywhere between 6 and 10 digits (characters). A good piece of advice is to include both numbers and letters.
Step 2. Make an Initial Deposit!
Legit crypto and Forex trading solutions do not have hidden fees and costs. After choosing a trading account type, users must make an initial deposit. The minimum amount is $250. It is good to know that the sum can be withdrawn at any given moment and is not an actual payment. It is used solely for funding one’s account. Remember, the bigger the investment – the greater the daily payouts!
Step 3. Achieve Good Payouts & Withdraw!
Customers that are more experienced can opt for the manual mode of operation of a crypto or Forex trading app. Newcomers, however, are advised to opt for the automated mode. This way, they can learn and grow as investors, opening up new horizons and building a portfolio, as they accumulate solid daily profits. There is also the possibility for speedy 1-day earnings withdrawals.
Beware of The Scam Crypto & Forex Trading Robots!
To protect the earnings and investments of newcomers digital traders, we have compiled a list of scam robots. Most of them are well-known in the online Forex and cryptocurrency investment sphere. They emerge under new software names now and again. Do your best to avoid signing up for their shady services!
How to Choose a Trading Robot?
Don’t leave Choosing an Investment Robot to Chance.
Choosing a trading software is certainly one of the trickiest tasks. At Is-Scam, Our Goal #1 is to prevent scammers from fooling traders. Here is why, we selected only the 100% proven, tested, and approved stock and shares trading robot by our Quality Assurance team.
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