Forex Juggernaut Review
Jan 9th
Forex Juggernaut is one of the first robots released in January 2010. Here are a few well-known details so far.
- It’s compatible with ECN and almost any broker.
- Setup to work on H1 timeframe
- Trades EURGBP currency
- Claims to only be releasing 500 copies, but this is a well known marketing ploy.
Besides that, we will be posting our demo and real cash account results for Forex Juggernaut on this page within the next couple of weeks.
Forex Mercenary Review
Jan 9th
So how well does Forex Mercenary work? That is a question that I hope to uncover over the upcoming months.
This Forex Mercenary robot boasts 1,000 winning trades in a row, with zero losses. That’s sounds a little too good to be true for me personally, so lets put it to the test!
Check back for Forex Mercenary updates very soon.
New hosting server for Real Cash tests!
Dec 28th
Today we setup our first hosting server. We looked at several different Forex VPS providers, however, in the end we determined having our own server would be more scalable long term.
We are fortunate enough to have a strong relationship with a local organization with 27 MB of dedicated fiber bandwidth with extremely low latency. This will be important to help ensure we have the fastest possible data feeds and order exectution during our testing.
The current box we are setup on has dual quad core Xeon chips and 32 gb of RAM and we have Windows Server 2003 virtualized on it. This will allow us to setup several virtualized systems in the near future to run as many MT4 copies with expert advisors and forex signal programs as we need.
Now the work of setting up all the EAs starts!
Forex Godfather Review: Live test with real cash
Dec 24th
A difficult to set up package is forex godfather. It is the cheapest forex robot available in the market as on the date of this review being written. Not for the beginners at all. They would find it extremely difficult to comprehend this forex robot or even use it. A gain in the initial days of using this forex robot is not much heard of or possible. With time though, the forex robot assures a winning accuracy of ninety seven percent which is considered acceptable in the forex trading arena.
To judge the forex godfather for its ability, we have a back report of about five years which indicates the software has made a slow upward curve in the equity market with low draw downs. The package has an intrinsic risk management system which ensures that the traders capital accounts are maintained at safe and secure places. This is a great asset to the user of this forex robot.
It’s cheap rate is not to be considered as any indicator of the expenditure incurred by the makers of this forex robot. An astounding amount of twenty billion dollars have been spent by the developers of the forex godfather. All in all a safe and secure forex robot requiring expert level knowledge to make use of it for optimal profit making.
Forex Godfather Demo Account (Alpari US)
Forex Godfather Real Cash Account (Alpari US)
Visit Forex Godfather’s site here
Forex Megadroid Review: Live test with real cash
Dec 24th
Significance of the adage named secure and safety shields in the forex trading scene needs no emphasis. Given the high risk and volatile atmosphere of the trading market itself, a guard against other allied loss making forces is very much an object in demand. The robot named Forex Megadroid offers this security on a platter. The robot includes an anti-fraud mechanism warding off attempted fraudulent trades by the broker itself. Automated forex robot systems, not having the element of human monitoring are prone to brokers employing techniques by which they trade against the client itself. Forex Megadroid has the system of detecting such fraud trades and preventing their execution. It has the unique feature of being a very slow system, to the tune of one trade per day also. However the spin off to this very feature is its ability to provide near security against frauds.
Another unique feature of this robot is that it uses Reverse Correlated Price and Time Analysis (RCPTA) technology. This technology is the latest trend in AI (Artificial intelligence). The robot also does not trade on Friday’s, Sundays and holidays. These settings are not tweak able also.
To complete a Forex Megadroid, forex robot review, it would be in order to state that this robot though slow, is accurate and this accuracy is provided at a much lower cost as compared to the other forex robots in the market. The statistics of profitable trades that this robot has to its name along with the add-on features detailed above, makes it worth a try.
Forex Megadroid Demo Account (Alpari US)
Forex Megadroid Real Cash Account (Alpari US)
Visit Forex Godfather’s site here
FAP Turbo Review: Demo & Real Cash Results
Dec 8th
Welcome to our FAP Turbo Review & Test. I recently added FAP Turbo to my testing portfolio.
FAP Turbo Demo Account
Here is the demo account I setup with Alpari(US). The live account is being funded and I will post the results here live.
In the demo account, I’m trading 2% risk per trade which is low compared to most, but remember our goal is to provide consistent long term growth and not to “get rich quick”.
**Please note, demo results are typically much better than real results.
FAP Turbo Real Cash Account
The real cash account is live as of today. I have setup the account with Alpari US, which is the same broker that our demo account is at.
The account is a Micro account with a starting balance of $300.95. There are fees deducted when funding via Paypal, so I could not get it to an exact $300 for simplicity.
I’m trading 2% risk on 4 pairs on this account because USDCAD is not active on an Alpari US Micro account. If this account does well for 30-60 days I will increase the investment to around $1,000.00. My logic is that as long as I keep the risk profile low (0.5% to 2%) I should be able to absorb several bad trades without blowing my account up.
Here are the results so far.
FAP Turbo Update 1/11/09
Well I have to admit after moving real cash into this account, I was a bit nervous about how FAP Turbo would perform. A few questions that kept popping in my mind are: Is it setup right? Will it trade? Is it going to calculate everything right and only risk 2% per trade?
After not even 10 days though, the FAP Turbo robot has placed several trades and my account is up 5.6%. My expectations for any robot/signal is not more than 2% – 20% monthly. If it’s much higher than that, typically you will find people using 10%-20% risk per trade, which to be honest is ridiculous. No successful trader would use that much risk in their manual trading, so why let an automated system do so?
Alright – I’ll stop preaching and let the FAP Turbo robot run for a while and then write another update. If you have any questions please use the contact us page and I will get back to you asap.
What FAP Turbo Pairs to Trade?
You can trade 5 pairs with FAP Turbo 49 (the current version).
EURCHF
GBPCHF
EURGBP
USDCHF
USDCAD
However, I’m because the USDCAD is not offered on Alpari US Micro accounts, I am only trading with the following pairs.
EURCHF
GBPCHF
EURGBP
USDCHF
So far, the results speak for themself and I’m extremely pleased with the results. I’m going to let this run for a while before making any changes. I expect some losses to hit soon and look forward to seeing how FAP Turbo recovers. The demo account has suffered a few losses and appears to be recovering quite well.





