Forex MegaDroid Review

Video of typical trading day using Forex Turbo Profits at Driven2Success
Video Rating: 0 / 5

After a dismal July, the Forex Megadroid starts August with 10 pips! www.forexmegadroidfx.com

Have you been searching online for some honest Forex Megadroid reviews?

Me to, and I just keep on reading the same old stuff over and over again. Most of the time it’s stuff that these so called ‘reviewers’ have just copied from the products own website, and half the time they don’t even bother to re-write it in their own words.

As someone who was struggling to make a good full time income from forex, I learned about the Forex Megadroid robot and was interested to see if it actually worked. Problem was that every time I ran a search on the net for “Forex Megadroid Reviews” I came across the same old information I had already read.

It didn’t take me long to figure out why I was finding the same old junk written about Forex Megadroid on review after review, and it is something that made me wonder if I should ever trust an online review again:

Most of these reviewers have never even tried the product!

That’s right. And when a review is just re-write of the product sales page, rather than the honest unbiased opinion of someone who has actually used the product, then it begins to lose all credibility.

I myself did eventually get the product, despite not finding an honest review. It was the fact they give you a 60 day money back guarantee that convinced me in the end, as it gave me an 8 week window to try it out.

My honest opinion of the Megadroid robot is (and this is NOT a review) that it has made consistent winning trades for me, although not matching the amazing claims on their website. However, I have as yet only tested it on the lower safer settings. The more aggressive settings will obviously create more profit, but at a greater risk.

Question by Angel: has any body here used forex megadroid and profitted from it?
im thinking of buying it but dont know if its a scam or not

Best answer:

Answer by Joe
The Federal government warns there are a lot of Forex frauds out there, and these Forex robots like fMegadroid appear to be one type of these scams. If these robots really worked, there would be scads of articles about them in the Wall Street Journal and other financial publications talking about them. When I do a web search, I can not find a single reputable news article encouraging the use of Forex robots. The link below is a Federal website warning you about Forex fraud.

There are a lot of people on the Internet claiming they have done very well using Forex robots. These appear to be of two types. One is the outright liars. For instance, you might meet a person called “Zboy227″ who says “I made a lot of money using ScamRobot2000, go to their website at ScamRobot .com/Zboy227.” The “/Zboy227″ tells the website that Zboy227 has referred you. If you buy the product, Zboy227 gets a commission. He is only lying to you to get a commission.

There is a lot of luck in Forex. Sometimes you will run into people on the web who have tried a robot for a few days and have had some beginner’s luck with it. They start bragging about how well they have done. Later, they start to lose money, but they rarely get back on the web and talk about how much money they lost. People like to brag about their successes, but rarely talk about their losses. The result is that much of the feedback about these Forex robots is positive.

I may point out that websites that sell Forex robots admit there are a lot of scams out there. Of course they claim the other guy’s robot is a scam, but their robot works. If you do a web search on the words “forex robot” and “scam” you will find a lot of sites saying their competitors are scams.

I will admit I have not personally tested every robot out there, and I can not prove they are all scams. But I would be very hesitant to spend a lot of money on a robot without clear proof it really works.

What do you think? Answer below!

bestforexrobot.org best forex robot – Forex Megadroid VS Fap Turbo Forex Robots Compared: Forex Megadroid Vs FAP TURBO Vs IVYBot Forex Live Tested by Real Forex Megadroid User Community For anyone who has been following the forex robots scene, you would have noticed the vast jumps in technology when it comes to trend prediction algorithms. Most of the older robots use price projections based on historical data and lagging indicators, which is not as accuate as the RCTPA technology used by Forex Robots. RCTPA technology is a patent pending program created by professional forex brokers and utilizes leading indicators which is revolutionary to the forex trading community. So, with leading indicators, it is not hard to see why Forex Megadroid has quickly became the trading robot of choice by professional forex brokers around the globe. Accurate Prediction The Megadroid robot has been able to successfully achieve its promised rate of return during the complete testing period, which was above 97% about 99% accuracy. Of course, you can argue that the testing period wasn’t “long term” to reliably conclude about the reliability of its accuracy. However, it has been proven to work and I will continue to use it to make automated income. You can see one of my trading shots HERE. I’m very pleased with Megadroid, kinda like my secret weapon.
Video Rating: 0 / 5

www.4exrobotreview.com , Finally an Honest Review on Forex Robots and there Settings. Fap Turbo , Megadroid and IvyBot .
Video Rating: 0 / 5

Question by SlimShady: Forex Megadroid a Scam?
I have purchased Forex Megadroid on 2 June 2009 and trade live since with default setting except the risklevel which I set at 0.4. Till now, the robot did only 3 trades. But when I back test it, the robot did 9 trades, why is the robot not performing just like said in their web? Why did the robot missed out so many trades? I’m starting to think that it’s a scam already. Disappointed.

Best answer:

Answer by Adrian
It could be the broker that you are using if they have a high spread then it the forex megadroid could be missing the trades.

I would suggest that you look at this site they test all the forex robots on live accounts and also have a section where they display all the settings they are using. So you could compare their settings to yours to see if there is a difference. If you join the site (it is free) you can also see what trades each robot is doing so be able to compare the performance of your robot against the one on test.

http://www.forex-robots.com/

Also this site explains how to understand forex robots work and what you need to do to get the best from them

http://www.currency-exchange-reviews.com/automatic-forex-trading.html

What do you think? Answer below!