Detailed ForexRobotTrader Review:
The website www.forexrobottrader.com is a platform for buying a forex robot. Provider Forex Robot Trader provides automated advisors for trading: Odin EA, Vader EA, Reaper EA, etc. Each of them independently studies the market and selects the most profitable deals. The system incorporates search, transaction, asset control, and data analysis algorithms. Artificial intelligence independently compares the rates of past and present periods and predicts changes and the financial result of investments. Depending on the expert advisor selected, the robot acts according to the established trading strategy.
The company positions itself as a supplier of reliable, safe and accurate AI-systems for trading. Don Steinitz, a former accountant and poker player, created FRT. He brought out several of his methods of a 100% win in Blackjack, which led to special attention to his person from the casino owners in Las Vegas. He was forced to hide from his pursuers and soon became friends with Yahoo programmers. During the following years, he studied the financial market and trading platforms. As a result, I created my trading algorithms by combining them all on the website www.forexrobottrader.com.
Today, the founder retired but is still posted in the “About Us” section. The management of the company passed from trade experts to ordinary marketers, which significantly affects the quality. At the moment, the development of capacities is in a period of stagnation and will soon decline. The trend is noticeable when analyzing FRT products. The most common Forex Robot Trader robot is Odin EA. He is promoted as the most successful adviser with a stable income of up to 178 thousand dollars a month.
According to independent auditors, such trades forex robots alien. The amounts are not supported by real reports, and the reviews of 258 people on Forexpeacearmy reflect the discrepancy between the expected and actual results.
A simple site does not contain unnecessary information, briefly specifies the descriptions of advisors, but does not specify the principles of operation, functionality and expected profits. You can view the reports by clicking on the numbers in the preview statistics of the robot. However, experts and reputable websites Myfxbook or FX Blue do not verify this data.
Benefits of the Forex Robot Trader Platform
To purchase a robot is enough from 50 to 180 dollars. Then you decide for yourself what capital to invest. Forex trading software from www.forexrobottrader.com has the following advantages:
- Full automation of processes, which is suitable for newcomers on the exchange and professionals who save their time;
- Day and night trading;
- Built-in capital control;
- Auto stop-loss when losing trades;
- The ability to trade multiple currency pairs;
- Optimal default settings;
- Installation in 5 minutes;
- Technical support;
- Micro, mini and standard lots;
- One-time payment upon purchase of the robot;
- There is a free demo version;
- You can combine multiple robots.
Each advisor works with a unique algorithm. It was developed and tested from 2 to 6 years under conditions of active trading. To start working in the system do not need special skills and large investments. Purchased software is installed automatically on any device. It is self-renewing and self-adjusting.
Types of Forex Robot Trader Expert Advisors
On the provider’s website, you can briefly familiarize yourself with the conditions and mechanisms for trading each robot:
|Odin||Is trained to compile Forex charts for currency search and exchange.Developers have downloaded settings for 22 currency pairs.Protection against spies and fraudsters.Full process automation.|
|Vader||The analytical system is built on the principles of Fibonacci.Setting for 22 currency pairs.It trades the course in movement from and to the average level.Searches start and stop trades automatically.|
|Reaper||Uses daily channels and trades when the price destroys them.Traditional algorithms proved over the years.|
|Falcor||Operational search due to permanent price activity.Long-term experience of the game on the market.|
|Ganon||The mechanism is based on the new Strand theory.6 years of development made the system very reliable.Variability of trade modes for different conditions.|
|HASMTF||Quickly determines course trends.Embedded code scans 8 timeframes simultaneously.|
|Pterodactyl||Fractal deals on trends and kickbacks.Three times as many different codes and algorithms.Automatic high-precision indicator of fractal transactions.|
|HEDGE||Unique forex robot with automatic hedging.Transactions in both directions reduce the risk of losing investments.Mini hedge transactions double the number of transactions.|
|Directional||Finds favorable trends at the earliest stages.Scans all 8 timeframes at the same time.|
|WaveRunner||Zigzag bargaining theory.Intuitive interface.Moderate trades average.|
|Fractal breakout||Analysis of trends and kickbacks on the subject of fractal transactions.Suitable at the stage of training.Compatible with other robots.|
|Volatility||Plays on the benefits of volatility courses.Quickly finds oscillations in dynamic pairs.Large volumes of trade.|
Most of these robots work with all timeframes and make deals with 22 currency pairs: USDSGD, EURCAD, NZDJPY, EURCHF, EURGBP, NZDCHF, USDJPY, EURUSD, GBPCAD, EURAUD, EURNZD, USDCHF, AUDCHF, etc. To buy one expert at a standard price you need from 100 to 200 dollars, but the site always has discounts from 30 to 50 percent, which reduces the real price range from $ 50 to $ 120.
FRT Robot Strategies
The platform presents mechanisms for working with hedging, fractal transactions, grids, volatility, Fibonacci charts, and active prices. You should choose the appropriate tool based on the amount of your savings and the level of confidence in the method. The financial results for each strategy are different. Most of all, FRT is proud of its Odin grid trading system.
Odin Forex Robot Trading Results
It is difficult to evaluate the real results of trading with the help of FRT advisors The platform itself states that over the last month, users have earned 178 thousand dollars. Check this report is impossible. Other FRT robots show results from 25 to 150 thousand dollars.
Real user checks display completely different data. Testing duration from 17 to 70 weeks showed a negative result: -43-58%.
FRT User Reviews
The site rating at www.forexpeacearmy.com supports a bad reputation due to the lack of reports on Myfxbook. Here users rated 2.5 out of 5 points.
The reviews are very versatile, but the main message is this: not to trust the loud promises of the provider about the rapid enrichment for 30 days. Stable high income comes gradually, much slower than indicated in the product descriptions.
Users are also unhappy with the lack of transparency in the reports and the inability to track the actions of robots.
The FRT system offers robots with different strategies and in different price categories.
Pros Forex Robot Trader:
- Variability of strategies and prices;
- Full automation;
- Stop-loss system;
- Easy installation, configuration, and use;
- Do not need experience and special knowledge;
- Up to 22 currency pairs available;
- Demo account;
- Low prices.
- Unconfirmed financial results;
- Lack of information about the merchant;
- Negative reviews from 120 users on Forexpeacearmy.
Advertising and large amounts in user statistics encourage new traders to buy an FRT robot and instantly get revenue. But the system does not meet user expectations and speculates with unconfirmed data. Using such robots is risky for capital. For the experiment, you can activate a demo version, study the scheme from the inside and make the right decision. Rated 5 out of 10.