FOREX GOLD INVESTOR is an automatic trading adviser that is positioned as one of the most advanced programs for making money on gold through the Metatrader 4 terminal. Transactions are carried out on a fifteen-minute timeframe (M15) of the XAU / USD pair. Let’s figure out what is the feature of Forex Gold Investor and how it differs from competitors. Let’s talk about the cost, published tests, the strategy used and user reviews – you will receive a complete set of information and can draw your conclusions. Our opinion, as always, will be in the conclusion.
Detailed Forex Gold Investor Review
According to developers, the modern world economy is in a chaotic state and, together with widespread political uncertainty, creates unfavorable conditions for the development of financial markets. All this affects investors who are in constant search for a smart strategy that can make a profit regardless of the frequency of fluctuations in the stock chart. In such a period, gold is considered the safest asset, which in conjunction with the FOREX GOLD INVESTOR algorithm guarantees everyone high performance.
After the general presentation part, the developers offer such arguments in favor of their product:
- In the past, few people traded in gold because of widespread misconception. Investors were specifically convinced that working with non-ferrous metals is difficult. It’s the other way around and trading gold is easier than with most of the currency pairs represented in the MetaTrader 4 terminal.
- Unlike stocks and currencies, the price of any commodity is linear. This means that it is easier to predict and you can foresee those events that will affect the movement of quotes. If we analyze the long-term historical quotes and ask experts, then everything will indicate that gold is in a state of the uptrend and now is the best time for investment.
- Developers of other trading advisors offer unverified algorithms that do not work in the precious metals market. In the FOREX GOLD INVESTOR adviser, everything is different: intraday cycles are monitored here and a bet is made for certain periods when gold quotes are in an optimal position for purchases or sales.
These were the main thoughts from the main page of the official site. Now we turn to the analysis of details and the study of problematic issues.
How to start trading with Forex Gold Investor
On a typical day, the FOREX GOLD INVESTOR advisor sells for $397. We were on sale when a program can be bought for $197 within 24 hours – most likely this is a marketing move, but it’s pointless to understand these nuances. Therefore, by default, we evaluate the adviser at the market price – we think that it costs $397.
After payment, you will receive the following:
- A trading adviser along with an automatically configured strategy that will work for any broker with its own MetaTrader 4 terminal.
- A brief manual that allows you to complete all the preparatory steps in 5 minutes and move on to earning on the XAU / USD pair.
- An automatic money management system, integrated into the work of the FOREX GOLD INVESTOR advisor.
- Access to the support service, which will promptly answer any question that has arisen and will help to deal with all problems.
- Lifetime free updates for all versions of the adviser.
FOREX GOLD INVESTOR can be used on one live account and one demo account. You can even start work with $ 100-500, however, with such a small deposit, the adviser will not be able to fully implement the built-in algorithm. Therefore, the developers recommend keeping at least $ 1,000-5,000 in the account.
The adviser under consideration is configured to conduct private transactions that will be sequentially opened throughout the trading session. According to the developers, this will help investors to maximize profits. Details on the site are not indicated and from other information, there is also this:
- The trading adviser has logic that is combined with special scenarios for entering and exiting a position. This is based on strong trend impulses and deep price pullbacks that allow the forex robot to combine several trading algorithms, protect itself from losses and reduce drawdown on the overall account history. Another adviser can close deals at the moment when the maximum profit is accrued on the balance sheet.
- The direction of the price movement does not matter for the adviser and under any market circumstances, it can adhere to accurate forecasting scenarios.
- The work of the program is based on the fact that investors do not have to study and bother with any instructions. Everything is configured and works right after purchase.
We do not know what all of these statements are based on. There is no specificity in the narrative. It is also unclear who developed FOREX GOLD INVESTOR and why these people can be trusted – the site has only a few lines of text stating that the product was developed by programmers with extensive experience.
The developers claim that they tested FOREX GOLD INVESTOR in three stages. The work was carried out for over 12 years and took more than 50 hours:
- First, all profitable trading strategies that were adapted for gold transactions were checked.
- Next was a comparison of the results and only the best trading algorithms were left.
- In the final part, the selected algorithms were repeatedly improved and turned into a progressive adviser FOREX GOLD INVESTOR.
The site has charts with various indicators of profitability, but we do not trust them – in the footer of the main page a note is made that all test results are modeled and have nothing to do with real transactions.
FOREX GOLD INVESTOR is not in demand and if we discard explicit advertising, then all useful comments can be reduced to the following points:
- The site says that all customers receive a 60-day risk-free guarantee. The nuance is that in the terms of the user agreement there is a reservation where the client must confirm the return within 3 calendar days – this is a voluminous regulated procedure, which includes sending screenshots and documents. If the user does not meet the deadline or does not add all the data, then the request is considered invalid. That is, there is a guarantee, but no one can use it.
- The official website of the adviser is not adapted for the multilingual audience, is not updated and does not contain any educational content. Developers do not follow the information so much that they can’t change the year in the footer of the site: from 2017 to 2019. There is nothing useful in the blog either.
- Technical support communicates with customers only through a special form added to the “Contact Us” section. After sending the message, a notification appears that managers will prepare a response within one business day. In practice, this is not and many appeals go unnoticed.
Most of all we were confused by the moment that in the narrative there is not a word about the rules of money management. From the reviews, we learn that FOREX GOLD INVESTOR uses the martingale method and therefore is incompatible with small deposits.