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Falcor Forex Robot Review

March 11, 2021 by Forex Winner Leave a Comment

Falcor Forex Robot

Falcor is a trading robot that was released under Forex Robot Trader. This company has an endless wall of negative reviews on Forex Peace Army and is a quite-known fraud company. All its presentation isn’t featured by trading results or backtests.

Falcor Forex Robot presentation

Detailed Forex Robot Review

  • Falcor trades automatically on the terminal.
  • The system runs a Price Action trading strategy that uses data from support and resistance levels.
  • It works with trades from opening to closing with profits or losses.
  • It can spot big trades in real-time using Price Action.
  • The system runs on the account 24/7.
  • The robot allows us to start trading without having trading experience.
  • We can run it with any currency pair.
  • It takes just several minutes to get started.
  • The robot can be used on the Standard, Micro, and Mini accounts.
  • The money-management system calculates lot sizes automatically, taking into account risks and account balance.

Falcor Forex Robot Strategy Tests

The company doesn’t provide us with backtest reports. It’s a huge con.

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No Real Account Trading Results

Falcor Forex Robot  Trading Results
Falcor Forex Robot  Trading Results

There are only two screenshots instead of third-party-verified real-account trading results. Everyone can photoshop charts. It’s not a big deal.

Falcor Forex Robot  Trading Results

We have a report from a demo account if it is correct because real accounts have more numbers in their names.

Falcor Forex Robot backtest

This report seems to us like backtest. The account has a $13M balance. Without proof, we can trust this report. The Profit Factor is 8.03. The robot closed 1078 trades with an 83%-84% win-rate. An average profit is $136.98 when an average loss is -89.81.

Pricing

Falcor Forex Robot Pricing

There was a timer. Now, it’s just a statement.

Falcor Forex Robot Pricing

The robot costs $99 with a 50% discount. The original price was $199. We don’t know what the package includes. Most likely, there’s no refund policy.

Customer Reviews

Falcor Forex Robot Customer Reviews

There are many positive testimonials on the presentation.

Falcor Forex Robot Customer Reviews

The company has a page on Forex Peace Army with a 2.2 rate based on 269 reviews.

Falcor Forex Robot Customer Reviews

Many people were scammed by the company. 

Falcor Forex Robot Customer Reviews

The company has been tricking clients for years. Frankly, we don’t know what the reason is to be hooked by this company. There are many comments that show that FRT’s robots are scams and dangerous for the account, but people not only keep buying them but also lose money on real accounts. What’s the reason to hurry that much? Every robot has to be tested on the demo accounts before going live, especially on big real accounts. We weren’t surprised reading that there’s no support. Expecting that a $99.99 robot will be supported is so ridiculous. An average well-designed robot has to cost from $299 to $799 or so, not less. Those who put the cheaper price calculate it based on how much a person is able to lose without a drama. So, now, they know that the FRT’s robots are full of scam and trick offers. 

Review Summary

Falcon Forex Robot is a pure scam. It’s proven by the presentation that it doesn’t include backtest reports and verified trading results and testimonials that people wrote for years on Forex Peace Army.

We’re surprised that there are still many idiots who are in a hurry to waste their money that quickly so they don't even read customer feedback on the web. So, this robot, as well as, the company are the best to avoid.

Advantages
Thanking for the comments on FPA, we know that the company is a scam
Disadvantages
No team revealed
No settings explanations provided
No strategy explanations provided
No backtest reports shared
No third-party verified trading results shared
Much manipulations on the presentation
No money-back-guarantee provided
Many negative comments on Forex Peace Army published
3

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