Here is a forex Megadroid review that you need to go through before buying the robot.
The robot is one of the thousands of robots that are available on the internet today.
However, here is a detailed review of how the robot works and what you should look out for before you buy the robot.
Forex Megadroid is a robot that has a genuine strategy that makes it adapt to various market conditions.
The developers of this robot believe that this strategy makes the robot to be far better than every other robot on the internet.
Also, they believe that the robot has more accuracy than every other robot.
The robot is a product of 38 years of learning and experience.
According to the developers, it has the ability to quadruple any amount under any market condition. (This kinds of claims are doubtful)
Robot Faq | Answers |
---|---|
Trust Score | 30% |
Price | $67 |
Currency Pairs | Major Currency Pairs |
Live Account | Yes |
Website | Forex Megadroid Website |
Refund? | 60 Days Money Back Guarantee |
Strategy | Not Disclosed |
Fully Automated? | Yes |
Trading Platforms | MT4 |
Historical ROI | Not Disclosed |
In 2009, the robot turned a $10,000 account to $34,032 in 91 days.
Also, the developers of this robot believe that this is the only robot that has been updating results for 4711 days.
Lastly, they also believe that the robot has a 95.2% accuracy on every trade.
Forex Megadroid Review: Live Account.
The robot has a series of live account trading results.
Although, these trading results are not verified.
Firstly, the developers of this robot failed to provide pieces of information about the profit or loss on so many trades.
This is against the claim that the robot has been updating results for 4711 days.
Also, the robot incurred huge losses on many trades too.
Most of these losses were ten times bigger than the average profit that the robot makes.
Losses like -$53,913.80, -$91,816.32, -$33,099.71, and so on.
This is against the claim that the robot has a 95.2% accuracy on every trade.
Forex Megadroid Strategy Review.
The developers of the robot did not disclose the strategy that the robot uses.
However, the robot uses a strategy that makes it adapt to any kind of market condition.
Also, the developers of this robot revealed that the robot uses a strategy that makes it more accurate than any other robot on the internet today.
Should You Buy The Robot?
The forex market is a very dynamic one. As a result of this many professionals also incur losses on some of their trades.
The trading results of this robot are too good to be considered to be true.
Also, most of the trading results are not verified.
It is possible for anybody to add the trading result of someone else to their website.
Verification is the only way to ascertain that a trading result is true.
In addition, the developers of this robot were not transparent enough to reveal whether the robot incurred some profits or losses on some trades.
The profit or loss section of most of these trades was left blank.
Why should I buy a robot from developers that are not transparent?
Furthermore, The robot incurred huge losses on many trades.
These losses were ten times bigger than the average profit that the robot makes.
The robot recorded losses like -$53,913.80, -$91,816.32, -$33,099.71, and s0 0n.
Does this mean that there is a very high probability of losing all my money on one trade while using this robot?
Lastly, the robot has no user reviews or testimonials.
One of the best ways to provide trust for anyone that wants to buy a robot is by providing reviews from past users.
In these reviews or testimonials, an intending buyer can get to know what he should expect from a product that he wants to buy.
Related: Forex Truck EA Review & Agimat EA Review
SUMMARY.
Forex Megadroid is one of the thousands of forex robots that are available on the internet today.
The robot has been updating its trading results since 2009 according to the developers.
However, the robot has many shortcomings that every intending buyer should consider before buying a robot.
Firstly, the robot recorded huge losses on some trades.
This is against the claim that the robot has a 95.2% accuracy on every trade.
Then, the live account results of the testing of this robot are not verified.
Also, the robot has no user reviews or testimonials.
In addition, the trading results of this robot are too good to be true.
Are you still confused about whether to buy the robot or not?
Would you love to buy a robot from developers that are not transparent enough?
If I were you, I would register for an advanced forex class.
Or I will keep visiting forex dominant to read more articles on the forex market to get a better understanding.
Was this Forex Megadroid review helpful?
Kindly leave a comment and share it with friends.
Leave a Reply