Automated Forex Trading – What Is It?
More and more, forex trading (or foreign exchange trading) is being conducted by robots, not humans. They are faster, process more information both horizontally and vertically, and draw conclusions for trading based solely on mathematical analysis. Clearly, robots aren’t swayed by intuition.
The somewhat recent novelty in forex trading is the accessibility of increasingly accurate trading robots to ordinary people. It is now possible to trade international currencies for profit from the comfort of your own home or office and, in some cases, from where ever you may be (if you’ve purchased a trading robot that runs on a server 24/7 and not just on your computer, for example).
Unfortunately, accurate and unbiased information on forex trading robots can be a little hard to come by, so we decided to research the options ourselves. Below you’ll find forex user reviews of today’s most popular trading robots, with informed comments on their relative strengths and weaknesses.
Forex BulletProof Review – Is This The One?
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Forex BulletProof is an automated trading robot (expert advisor) that trades for you aiming at a steady 5% monthly gain on your deposit. The idea is to skip over exaggerated gains like those promised by so many other trading robots, and operate at a safe but steady pace, generating stable income consistently.
The Forex BulletProof trading robot can be downloaded and installed in under 10 minutes. It actually doesn’t take much longer than this to get the robot set and ready for you to start trading with. The program analyzes data, makes projections about trading trends using advanced mathematics and then makes suitable trades for you. You can simply watch it operate on default settings or going and tweak its parameters. Of course, keeping its default settings till you learn the ropes is always a good idea.
The people behind Forex BulletProof are same people who brought you Fap Turbo, the bestselling trading robot from 2009…
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Fap Turbo Review
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Every robot is designed according to what its makers believe is the correct money-making approach. Fap Turbo’s style is on the hyper-active side. It performs a high number of trades, usually daily, usually on small amounts of cash. This is in contrast to other robots which can wait a week before buying or selling. Be sure to find out more… (read more…)
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Ivybot Trading Robot Review
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The IvyBot trading robot has a checkered track record. It was released in July of 2009 to much fanfare and soon ran into performance problems. It’s one thing to do well in back-tests, but going live and maintaining high performance is a different kettle of fish… (read more…)
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Forex Megadroid Review
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Forex Megadroid is often cited as the robot with the longest track record and has a devoted clientele. It was until recently the brightest star on the market, but several forex robot developers followed quickly on its heels (Fap Turbo, for example) and its unique status has somewhat declined over the last year. The product was created by Albert Perrie and John Grace… (read more…)
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