MT4FXROBOT Review

Ray Stenberg

Red Deer, Canada

Mt4fxrobot Review: Caution with MT4FXROBOT, tried their trade copy service with a starting balance of 2500 with their assurance the robot would stop trading at a 30% equity drawdown. Watching it trade it opened numerous large positions (10-12 @5 lpts) right away that did manage to close in profit but then the position sizes increased to 25 lots with 25 open positions and as those positions failed to close in profit within a day of trading the positions were closed by the broker at margin call ending in a negative balance!!! That was my personal experience with this robot and I can tell you after they do that to your account they will offer the robot for purchase at only $500 but I declined to purchase it. I found out this robot is very capable of loosing your money way faster than they said could make money, at least it is capable of something, you have been warned. Website http://www.mt4fxrobot.com

30.03.2017 at 15:15

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Arvind28

Tanjong Rambutan, Malaysia

Mt4fxrobot Review: When you consider this "price of EA is going up much higher soon" on the EA's website and that they are calling a back-test a real-account test I think...

20.03.2017 at 18:25

JL

NoVillage, Netherlands

Mt4fxrobot Review: Totally unrealistic EA, I would run from it!! Just look at their old FxBlue account. There you will see the chart with the Equity curve : it shoots up, but ultimately totally crashes. Furthermore, look at the trade durations : in many cases it trades only on seconds. That will NOT bring you consistent profits. Period. Also go to the MyFxbook profile page that the vendor's website is referring to: There, you can see that the (presumable) Joseph A. Chambers is telling you this: http://www.myfxbook.com/members/JosephChambers "Trading Style: Our EA compares prices between 2 brokers, one is a fast feed broker (master) that will signal the slow feed broker (slave). It really knows where the market is going, it doesn't use any indicators but purely price action." This suggests to me, the EA will need to run on 2 accounts at the same time, and then making use of arbitrage (on the seconds). Bottom line you will find yourself at : you will get either banned or crushed by your broker - sooner or later. Stay away from this $1,250 piece of c... - that is my advice. Website http://www.mt4fxrobot.com

16.01.2017 at 22:11

merchan7

tehran, Iran, Islamic Republic of

Mt4fxrobot Review: Hey boys, i know about this EA, the EA uses a stochastic strategy to consider volatility of the market and trade like an aligator, blow your account in 3 days, or make %1000 profit!! Service MT4FXROBOT.

13.12.2016 at 11:43