Forex Robots 2012: See Forex Robots tested with REAL Cash!

Forex Robots Table of Contents

I. Introduction
II. Why should you bother with Forex Robots
III. Forex Robots in the Market
IV. Where we come in
V. Final Words on FX Robots

Forex Robots – What are they?

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Despite the recession that has gripped many nations all over the world, one market has remained strong and is still considered as a very lucrative market – Forex trading. Trillions are traded each and every day, which is why it is no surprise that many have chosen to try their hands in Forex trading.

There are two ways to undergo Forex trading. There is, of course, the traditional method. You choose a brokerage firm and you open an account with them. You then deposit money and start trading. You set your own trading schedule and you stay glued on your computer screen during the chosen time. You watch price action on your charts and try to make your best prediction of where price is going to go, then you trade.

Forex RobotsNow the second way of undergoing Forex trading is a whole lot simpler and easier. It involves what is known as Forex robots. Forex robots are also known as Expert Advisors. Expert Advisors are programs that are attached and run on the MetaTrader 4 or 5 platform. In a nutshell, a Forex robot automates the tasks that a manual Forex trader does. They gather data, analyze them, and if you choose to do so, open trades automatically and close them as the Forex robot sees fit. In short, a Forex robot trades for you.

Why should you bother with Forex Robots

There are many benefits in using a Forex robot, and here are just some of the few:

  1. 100% Autopilot – most of the Forex robots that are offered in the market are 100% handsfree. This means that there is very minimal user intervention needed, usually when setting up the Forex robot for the first time. After that, you can just leave it alone and it will do everything for you. You can simply come back to check on your progress. This means that you don’t need to stay in front of your computer the whole day! While the Forex robot is trading, you can go and do other activities.
  2. Forex RobotsRemoves the repetitive tasks away from the user – if you dabbled on Forex trading using the traditional method, you would know what we are talking about. Number crunching, data analysis, comparisons – these are just some of the few tasks that a traded must do over and over again. These tasks can be done by the Forex robot. And it could probably do it a whole lot better. It is able to do billions of calculations and analyze enormous amounts of data and still remain accurate. That’s because these Forex robots are run on computers and we know just how fast computers nowadays are.
  3. Emotionless – Greed and Fear. We know how crippling these emotions are when you are trading. Fortunately, these emotions are not found on Forex robots. They are not greedy that they would tend to push a winning trade to win more. Forex robots are designed to go in, get out. The same goes with Fear. If the conditions are met, Forex robots do not hesitate to enter a trade. They immediately do so when the timing is right and the signals are triggered.
  4. Can go on and on without rest – Since Forex robots are programs, they don’t need to eat, sleep or even take a bit of rest. They can go on trading 24 hours a day, 6 days a week. This means you don’t miss any opportunities for a quick profit because you had to sleep. Now, there’s no need to stay awake all night trying to make trades – the Forex robot will do it for you.
  5. Minimal knowledge requirement – Unlike in the traditional way of Forex trading wherein you need to have in-depth knowledge about the market, the same doesn’t hold true for Forex robots. Because the algorithms and instructions are already built inside these Forex robots, there is no need to have advanced knowledge about programming as well as trading. Most Forex robots are shipped as install files – you just need to install them on MetaTrader and turn it on.

These are just a few of the many benefits one could accrue when using Forex robots. You can clearly see why using Forex robots appeal to the many who want to make a profit or two in Forex trading. Next section, we will be looking at a list of Forex robots in the market.

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Forex Robots in the Market

You must be warned – there are tons of Forex robots in the market. And more are being released every day. Here is a partial list of Forex Robots that are found all over the Web:

Forex Over Drive GBPBot Forex Godfather
Zone 99 Forex Forex Ripper Forex Trend Scalper
Forex Secret Agent (4 May) Caliber FX Pro Forex Infinity Pro
Forex Wealth Robot Ivybot Forex Annihilator
Forex Pip Stack Forex Cash Evolution Forex Invader
Forex Robot World Cup Pip Android Forex Nemesis
Forex Invincible USDBot Forex Apocalypse
Reservoir pips Forex Mercenary Pips Miner
Forex Brilliance Forex Juggernaut Forex Humanoid
Forex Dynasty Forex Transporter Forex Slasher
Forex Cash Rocket Forex Knight Rider Forex Decimator
Forex Invincible Forex Empire S.B Forex Typhoon
StealPips Forex Twister Forex Supernatural
Forex Spectrum Forex GForce Forex Cypher
Forex Black Panther Forex Nuke Forex Accumulator
Forex Quake Forex Enforcer Fap Turbo Evolution
Forex Torpedo Forex Warlord Forex Revolver
Forex Maximizer 4X Cash Compounder Forex Monster
The RoboMiner The Forex Revolution Forex Ironman

This might get you into thinking that with the number of Forex robots in the market, chances are, many of them works, right? Well, that’s the bad news – list 20 Forex robots and chances are, 19 out of those 20 Forex robots are fakes. That’s right. Many Forex robots released in the market DO NOT WORK. Sure, you might see it trade every now and then and possibly give you a small bit of profit. But sooner or later, you will find your account in ruins and wonder what happened. Trust me – I have been there…a few times. You see, many of these Forex robots are complete scams. They prey on people who have very little knowledge about Forex robots. They tell people that their Forex robots work and that it would give you 5-digit profits in just a single month. All of these are just plain hype. So how do you tell which one works and which one doesn’t? This is where we come in.

Click Here to see what forex robot we found to ACTUALLY work.

Where we come in

Look around the Web and try to search for “review sites” about Forex robots. Most probably, you’d be bombarded with links for what they think is the “Top 3” or “Top 5” Forex robots. We don’t do that junk here. We are not here to showcase the “Top ___” Forex robots. We are here to find out what really works. We are here to look for the Forex robot that you can really invest on. And when we find that Forex robot, we will surely share it with you.

So far, based on our extensive research, there is only ONE Forex robot that works. That’s right. We have tested most of these hyped-up Forex robots with REAL MONEY – not just demo accounts – and found that only one was able to meet our expectations. And we have found one that we can confidently recommend. And that Forex robot is Forex Megadroid. If you want to read more about Forex Megadroid and our findings, simply click at the link below.

See our REAL Cash Results with Forex Megadroid

That’s right, we have tested Forex Megadroid with our real money. And the results are conclusive. Coming in at a close second is Forex Growth Bot. While we had good results with Forex Growth Bot, we found in our testing that Forex Megadroid had better results. Again, in terms of recommendation, we can only give you Forex Megadroid.

Final Words on Forex Robots

Now, we know that you may not have the capability to try out each and every new Forex robot in the market using real cash. Why not let us do it for you? Simply join our newsletter and we will be giving you updates on the latest Forex robots that is released in the market. We guarantee you that the tests that we do involves real cash. We test it ourselves and we will present to you FACTUAL information. That’s right – no hypes, no marketing gimmicks, just plain facts. Facts that will help you and guide you in choosing what you think is the best Forex robot for you. If in case you have any questions you’d want to ask us, feel free to do so! You can use our contact form and rest assured we will get back to you as soon as possible.

{ 7 comments… read them below or add one }

andrew May 20, 2010 at 11:46 am

I’ve been researching automated forex robots for quite a while and I have to be honest, I do not even know where to start. Everytime I try to find reviews of robots to know which one to use – it’s some review site that has promised they review hundreds of robots…and narrowed it down to these top 5. I think this is complete bullshit and those sites should be shut down. Why should I believe this site is any different?

Nick May 21, 2010 at 11:57 am

Andrew, you are absolutely correct! You see affiliates get huge commissions to promote robots, which is why you see a top 5 or top 10 list. It’s easy to tell its an affiliate site if you just look at the ratings on the products. If you see 8/10 or 4 out of 5 stars on most of their products, chances are it’s completely bogus.

The thing I would encourage you to do is find sites that actually test forex robots and POST RESULTS. That is your first filter when looking for good forex robot reviews.

However, you have to be careful there too. Make sure they test the robots with REAL cash. One reason we test robots we buy with $300 is to prove to our visitors that this is a real cash test. You cannot get a demo account funded with $300 ;) and since we all know robots trade differently when trading real cash, it only makes sense to find a robot that can succeed when your hard earned dollars are on the line..

My honest hope is that we can breath a little truth into this industry because there are some good product, you just have to cut through the hype to find them!

Soon I will be writing a post explaining how to spot a bogus forex review site. It’s something that people never realize is happening, but it’s time to dispell some myths here.

mike davis July 1, 2010 at 10:25 am

details, cost

paul teror October 29, 2010 at 11:56 am

if i use the robots that u r recommending will the brokers ever know?and if they know that am using an ea will they raise the minimum amount that am required to deposit before i can trade?

Nick October 29, 2010 at 12:02 pm

Paul,

It used to be the case that brokers would not allow EAs or to be more specific scalper EAs. However, nowadays almost every broker welcomes EAs to be used with their MT4 client. In my opinion this is mostly because they know people will trade more frequently with an EA and they are likely to place alot of trades. Brokers make their income on spreads for the most part, so the more you trade the more they make…

So about the minimum amount required to deposit, I belive that would not occur either.

Edward Ochu-Baiye October 30, 2010 at 10:36 am

Pls. keep up the good work. You recomend forext crescendo; I believe if I decided to make a purchase you ‘ll be kind enough to recomend the best possible settings for near to 100% performance?

Nick November 2, 2010 at 6:16 pm

Edward,

I will be giving members to my site all the details of exactly what and how I trade. My goal is to make 50% per year on average. That could mean 73% one year and a loss of 17% another. However, we are diversifying in different markets / systems to try and yield more stable returns.

As with any trading plan, only the future can tell us if our strategy was the correct approach or not.

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