Product: Forex MegaDroid

Product Review:

FOREX Megadroid was launched by Albert Perrie and John Grace on 31 March 2009 and the buzz around this product launch was almost as big as the FAP Turbo launch last year. According to the creators, FOREX Megadroid uses a new technique called RCPTA (Reverse Correlated Price and Time Analysis) and they guarantee that every single dollar you deposit into your FOREX account will be at least quadrupled.

How Does Forex Megadroid System Work?

Most Forex trading robots work well under certain market conditions, but fail completely when the market changes. I’ve seen many robots that work well when the market is ranging, but then makes massive losses when the market starts trending and visa versa. Even the famous FAP Turbo requires a flat, ranging market to perform well. One of the main points that the creators of FOREX Megadroid are pushing is that it works under ANY market condition.

Another BIG problem with FOREX robots and the Metatrader platform in general is the shady tactics deployed by brokers. It is common knowledge that many Metatrader brokers trade against their clients and together with things like high spreads, offquote errors and slippage it has become almost impossbile for a trading robot to consistently make a profit. Forex Megadroid is the first robot ever to be released with a broker protection or anti-broker mechanism. They have a pledge on the Forex Megadroid Homepage that reads:

“No FOREX Broker In The World Will Ever Know You Are Trading With FOREX MegaDroid, No Forex Broker Will Ever Be Able To Stop FOREX MegaDroid™ From At Least Quadrupling Every Dollar You Deposit …“.

Another thing about this robot is the so called RCPTA (Reverse Correlated Price and Time Analysis) technology, which is supposed to be a new frontier in Artificial Intelligence technology. In my opinion this is just a fancy way to say that FOREX Megadroid uses a very accurate, intuitive system to predict future movements of the currency pair it runs on. The creators of FOREX Megadroid posts trade by trade results of the robot on the Forex Megadroid Homepage and the results certainly look impressive – the account has almost quadrupled already in 2009 and according their recent newsletters they are aiming for a 1000% total return on investment for 2009.

Is Forex Megadroid Profitable?

Forex Megadroid is still very new to the market and its long term profitability is unknown at this stage, but so far the results that we’ve seen has been very impressive. We tested the system over a 2 month period and during this time the robot performed 27 trades for a total profit of 257 pips. The success rate was 100% and all 27 trades were profitable, so their claims of a 95% success certainly does not seem false at this stage.

Conclusions and Recommendations

We have been very impressed with Forex Megadroid so far. The robot seems to perform exactly as advertised on the website and if it continues to performs like this it may soon occupy the number 1 spot on our list of Forex robots. The launch price of $97 is still in place, but there has been a lot of talk about a possible price increase. We’re not sure what the final price will be, but we saw with the FAP Turbo launch that they increased the price from $97 to $149, so if you still want Forex Megadroid for less than $100 then I suggest you move quickly.

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Product: Forex Ambush 2.0

Product Review:

Though the name sounds a bit different, nothing about this product is short of amazing. This artificial intelligence guided foreign exchange trading signals system is now in its second avatar, and Forex Ambush 2.0 is supposed to be much better than even the world famous first edition.

There have been cases in which the system has successfully generated in excess of 20000% annually, and that too while on auto trade.

Coming to auto trade, one of the best features of Forex Ambush has to be the very intuitive and very intelligent auto trading system. According to a study, the computing power stuffed into Forex Ambush is the equivalent of 40 resident full time experts monitoring and dealing with forex on your behalf. That is seriously good, and probably is the reason why so many people have found the system to be the best in the world.

One great thing we found about the site was the lovely layout. Usually, sites that sell financial products like forex auto traders are the spammy kind of portals which immediately make you wary of spending time (and money) on the site. However, this one is truly brilliant, and the testimonials are all pretty true-sounding. The security ratings on the site are quite reassuring, and with PayPal and Google Checkout also activated on the site, buying is a breeze.

How Does Forex Ambush 2.0 Signals System Work?

Once you have opened your Forex Ambush 2.0 account you wait for the Forex Ambush 2.0 signals sent to you and then you invest. When the trading closes automatically, you will find you have made a profit. You don’t even have to understand the market – although it probably gives you more peace of mind if you do. When it comes time to sell, you just read the email sent to you from Forex Ambush 2.0 and sell, and then wait to hear via another email from Forex Ambush 2.0 when it is time to buy. It really is that simple – everything is above board and nothing is hidden.

Conclusions and Recommendations

If you are serious about forex trading, we recommend that you try out forex ambush – as it has a 100% money back guarantee valid for a period of 60 days from date of purchase. Try it out!

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Product: Forex Maestro

Product Review:

The first statement on ‘The Forex Maestro’ catches you and shakes you up pretty hard! It says ‘Forex robot that earns more money per year than the top 15 traders of the world – combined’. As soon as you look at a statement like that, you immediately wonder – is it true? We went into the details, and here is what we found.

Forex Maestro is certainly one of the most well made automatic forex trading robots out there, and considering the abundance of modern technology that has gone into making the software, it certainly is a breeze to use and to tweak. The system is designed to work even when you are not monitoring the markets, and though it sounds doubtful, there is a serious possibility that the system can make money for you around the clock – whether you are working or sleeping.

One very nice thing that adds credibility to the site is the presence of video reviews. When you look at real people who have traded using Forex maestro vouching by it, it adds a lot of positive to the system.

How I Began Testing the Forex Maestro

Due to all the bad experiences that I have had with currency trading robots, I decided not to risk any real money but to use a demo account instead to test Forex Maestro. After installing and running the robot, it did not start making any trades within the first 2 hours and this had discouraged me slightly. However, it started trading actively after the 3rd hour and closed out more than 92% of all positions in profit.

Conclusions and Recommendations

Finally, the thing that hooked us onto the system even more is the guarantee by the founder that if Forex Maestro does not give atleast 12 trades next month in which you make a profit of over 25 pips, every dollar you spent on the system will be refunded – no questions asked.

If you are a desperate forex trader, who’s lost faith in your own ability to gauge and judge which way the international markets will move, you should probably consider Forex Maestro pretty seriously.

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Product: FAP Turbo

Product review:

In the recent times, there have been quite a few forex auto trading systems that have created a lot of hullabaloo. However, several of them have turned out to be damp squibs, and have helped their patrons lose a big bunch of money.

But one of the most reliable stars in the new crop of forex auto traders has to be Fap Turbo.

When you log onto the Fap Turbo website, you will see that the system is not based on pure speculation, but is in effect a ‘forex trading robot’. By a robot, the founders – Steve, Mike, and Ulrich – mean a wholly stand-alone system which is capable of calculating possible profits based on past and present data; and buys and sells forex based on the amount of freedom the user gives to the robot.

One thing that seems too good to be true on the site’s homepage is the amounts that have purportedly been made by Fap Turbo. There are screen captures that show about $ 2000 made in under ten days – and that too in the same week in which Lehmann Brothers shut shop! There are quite a few more – like $ 300 becoming over $ 1000 in under a week, and so on. But the thousands of people who’ve vouched by Fap Turbo cannot be wrong too!

The surprising thing about the system is the price at which it is being offered. According to the founders, the price for using the robot is $ 399 per month; but in the launch offer, they are giving it away at a one time payment of just $ 149, without any subscription costs or recurring charges – and that is great!

Is Fap Turbo Profitable?

Both the short and long term strategies of Fap Turbo have been very successful so far. The short term strategy hardly ever makes a losing trade and when it does the losses are small. The long term strategy makes much bigger profits than the original Forex Autopilot, but is also safer because of the fixed stop loss parameter and improved trade filters. At first glance the long term strategy of Fap Turbo seems a lot more profitable, but it is important to note that the short term strategy is incredibly safe and has a very high success rate, so it’s a much more conservative strategy. The long term strategy of Fap Turbo has bigger profits, but also bigger drawdowns and ultimately presents more risk. Both strategies have a success rate of roughly 92% so far and there has only been 7 losing trades out of a total of 91.

Along with this, there is also a 60 day money-back guarantee if you are not happy. If you are serious about forex trading, this seems like a good bet.

Conclusions and Recommendations

By September 2009, the Fap Turbo creators already had more than 27,000 customers trading with their system on a daily basis and it has definitely taken over the number 1 spot in the list of top Forex robots from Forex Autopilot. There have been rumours of a price increase to $399 for a while, so I’m not sure for how long the special launch price will still be available.

The surprising thing about the system is the price at which it is being offered. According to the founders, the price for using the robot is $ 399 per month; but in the launch offer, they are giving it away at a one time payment of just $ 149, without any subscription costs or recurring charges – and that is great!

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