Forex Robot Review: ForexRobot.Com Really Works For Traders
Looking for a place where you will get genuine review about something you are hunting information for?
Getting comprehensive review about Forex Robot is now very simple.
We have conducted test and scrutinized the performance of this ForexRobot to validate whether it is legit or a scam.
Through this article, we have tried to give a clear picture of the ForexRobot Software and its working.
This information can be used to analyze whether this is ideal for your type of trading or not.
The time and effort invested by us is to make sure genuine review is offered to those who need reliable Forex and Crypto Currency auto – trading platform.
The working and the strong evidences provided below will help you understand this is genuine and reliable software.
Forex Robot Review
High Capital Risk Is Involved In Financial Trading
Forex Robot allows traders to trade automatically Forex and Crypto currencies using technical indicators signals direct to compatible with Forex and CFD brokers.
Forex Robot is the 100% auto trading software for Forex and Cryptocurrency.
This trading robot is the associate auto trading platform of famous Option Robot.
Option Robot provides binary options auto trading where Forex Robot provides CFDs auto trading on Forex and Cryptocurrency assets.
They claim that they released improved version of auto-trading platform for traders.
This automated software is very user friendly.
ForexRobot works from tablet and mobile device as well.
This software is a great way of making money.
It will connect with your brokers account automatically and will begin to trade when you will click on “Auto-Trade”.
Benefits of Using Forex Robot
There are some benefits of this trading software.
These are –
- Separate tab for manual and auto-trade function.
- Experienced brokers whom will work hard for your profitable trading.
- You can use auto trade features to adjust your settings.
- You can adjust the “Stop Loss”, “Take Profit” and “Leverage Multiplier” to suit your trading appetite.
- Traders can adjust trading time frame to control the signal frequency.
- You can set the robot to allow up to eight simultaneous trades at any given time.
- Traders can trade from other devices like mobile, tablet etc.
- Trade Crypto currency in weekend.
- 24 hours customer supports.
All of us are excited to make easy monthly income or a profit making business that reaps a lot of money.
But unfortunately not everyone finds the right platform for the same.
Just like you there are many out there who are keen to know if Forex Robot is an ideal platform for Forex and Cryptocurrency traders.
This app is designed to help trader to trade less risky trades without compromising much on the profits.
Apart from offering very experienced and well established traders it offers market viewpoints that help investors to take decision.
Features of Forex Robot System:
Forex Robot offers three money management settings.
Traders can set the investment amount for each trade.
You can adjust the “Stop Loss”, “Take Profit” and “Leverage Multiplier” to suit your trading appetite.
Classic System: This system is most secure and popular money management system. The best part of this system is each trade will be the exact amount you set.
Martingale System: This system claims that it is the most profitable money management system. By using this martingale system, traders will use a sequence to set the trade size. This system will help traders to earn profit fast but carries the most risk.
Fibonacci System: This system is the most accurate system. In this system trade size is calculated based on the win/loss record of trader’s prior trades.
Forex Robot Trading Indicators
After opening your account you have to choose what type of indicator you will be used to generate signals.
There are six types of trading indicators for each currency.
You can allow all indicators work at the same time for you or if you want you can de-activate few.
Traders can adjust the signal time frame on all trading indicators to control the signal frequency.
Each indicators works independently.
Trading indicators time frames: 60 sec, 5 min, 15 min, 30 min, and 60 min.
The indicators that Forex Robot uses are –
TREND: By using this indicators traders can looks at overall trends in the market.
MACD: MACD stands for Moving Average Convergence Divergence. It measures the differences between two moving averages. After that plotting them against history, forecasts can be made.
RSI: RSI stands for Relative Strength Index. Simply put, when prices get too high, the majority will sell and when prices are cheap, people will buy. Following the people’s systems is usually profitable.
STOCH: Dr George Lane created the Stochastic Oscillator. The system follows both speed and momentum of market conditions and determines trades based on these factors.
WILLIAMS: The Williams indicator is what I would call an RSI indicator simplified. It grabs extreme over or undersold areas and attacks them, normally in short positions.
CCI: The Commodity Channel Index bases everything off a given average over a length of time, and uses that average to determine trends.
High Capital Risk Is Involved In Financial Trading
How does Forex Robot Work?
Forex Robot is an automatic trading platform that helps you to trade well.
You don’t need to have past experience in currency trading to use this scam free system.
It can be set-up within 30 minutes or less by following 3 simple steps.
This software will help to make you an experienced trader within a reasonable amount of time.
This software will lead you towards experienced brokers after signing in.
Forex Robot allows Crypto traders to trade in weekend.
They separated their trading platforms in two different tabs.
Traders can open Manual and Auto-Trade function separately.
All of the brokers are using a CFD to trade the underlying currency either it can be Forex pair or Crypto asset.
A CFD is a leveraged “derivative” financial product.
When Forex Robot buys or sells a CFD, it enters a contract to exchange the difference in value of a financial instrument (the underlying asset) between the time at which the contract is opened and the time it is closed.
How market is analyzed by Forex Robot?
With the huge research conducted by our team it is possible for us to conclude this is a reliable platform for trading Forex and Crypto currency, the rate of performance is high.
It is almost impossible to get 100% profit in trading but while our testing we made a profit that is above 80%.
The market trends and volatility are instantly shared with investor; getting accesses to this information on a real time basis will help in reaping greater returns on the investment.
Trading with this information is the key to success for many new and experienced traders.
Forex Currency Pairs
High Capital Risk Is Involved In Financial Trading
You can choose to trade any or all of the following Forex currency pairs –
- EUR/USD
- USD/CAD
- AUD/USD
- EUR/JPY
- EUR/GBP
- GBP/USD
- USD/CHF
- USD/JPY
Cryptocurrencies
High Capital Risk Is Involved In Financial Trading
You can choose to trade any or all of the following Cryptocurrencies –
- Bitcoin
- Dash
- ETC
- Ethereum
- Litecoin
- Ripple
How to Open an Account?
The registration is so easy for this auto trading software.
You have to simply register account by giving proper name, email, and contact details.
You have to give all information valid because this information will verify later.
They will assign you a compatible broker or you can choose your broker if your country support.
You can open your account without any charge.
After that it will drag you in a secure page where you can deposit your amount.
Minimum deposit amount is $250.
You can deposit via Credit/Debit Card, Neteller, Skrill or Wire Transfer.
If you are ready to auto- trade then adjust your settings with general signals.
Final Words
This is the robot platform where you can earn as you learn.
After plenty of testing we can come to this conclusion that, Forex Robot is excellent.
It is a classic referral system.
There is more potential for profits for you and there is complete transparency of information.
Experience in trading is not a matter, simple make up your mind and start making money.
This is a web based app that does not require any downloading for using the software; it even works on tablets and mobile phones. Even in PC, no download is required.
Of course, every positive has a negative part of it.
It is not necessary that you’ll win all trade by using this platform.
It will depend on your trading practices and skills.
There are some handful successful traders in this platform as well as some are not making return at profit level may be because of various reasons like internet issue, not using available information in the right manner or maybe they do not have enough time in a day to spend for the same.
There is no other better opportunity than now to start making money through Forex Robot.
We highly recommend this software to our Forex Robot Review to those who are keen to make money right away.
This is also a great platform for those who love surfing.
A bit of focus and lot of dedication will be sufficient to fill your bank with constant money.
