Forex Megadroid Review Does it Really Work Or Is It Another Scam?

Thursday 25 June 2009 @ 4:43 pm

Forex Megadroid Review

Does it Really Work Or Is It Another Scam?

Hello ,

Forex Megadroid stormed on to the market in March 2009 but it was still very much in the shadow of Fap Turbo, which had one of the biggest launches of a Forex trading robot .

Forex Megadroid, Creators claim their robot has shown consistent results since 2001, with a success rate of 95.80% under all types of market conditions. Whats more important though is does Forex Megadroid Really work ?
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Forex MegaDroid

Forex Megadroid
What is different about Forex Megadroid? Most Forex trading robots work well under certain market conditions, but fail when the market changes. Many robots that work well when the market is moving back and forth between a high and low price, but then makes massive losses when the market starts moving in a single direction and visa versa. Even the famous Fap Turbo requires a flat, ranging ( back and forth price movement ) market to perform well. The creators of Forex Megadroid claim it will make profits in any conditions .

Another alleged problem of other Forex robots and the Metatrader platform in general is the shady tactics deployed by some brokers. It is claimed that many Metatrader brokers trade against their clients and together with things like high spreads, off quote errors and slippage it has become almost impossible 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. On the Forex Megadroid Homepage the creators promise no broker will be able to hinder you profit making trades.

Forex Megadroid is currently the only robot with RCPTA (Reverse Correlated Price and Time Analysis) technology, which is supposed to be a new frontier in Artificial Intelligence technology. In other words 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 well I must say the results look great – 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.

What’s Included in the Package?
Once you have purchased the Forex Megadroid package you are taken to the members area where you can download the latest version of the robot and the installation manual. The product consists of the following main components:

The Forex Megadroid RobotLike Fap Turbo, the Forex Megadroid Robot comes in the form of an Expert Advisor for the Metatrader platform. The robot trades only on the EURUSD currency pair and runs on the 1Hour time frame. Based on the results I’ve seen so far, the Forex Megadroid system executes roughly 1 trade per day and according to the manual it does not trade on Fridays, Sundays or holidays.
The Installation ManualThe Forex Megadroid installation manual is a detailed, 78 page ebook that contains detailed step-by-step instructions on the installation and setup of the robot. The manual also contains a detailed section on how to perform backtesting against historical data if you are interested in past performance.
Support and UpdatesThe Forex Megadroid team seems very dedicated to the long term success of their product and they provide email support via a ticketing website, as well as frequent updates to the software to fix possible bugs, cater for new customer requests, or improve the effectiveness of the system. They also send our frequent newsletters to answer some of the common questions customers have, discuss future plans, etc.

Is Forex Megadroid Profitable?

Forex Megadroid long term profitability is unknown as it still a new player in the market. However so far the results that I have seen has been very impressive. Like other robots there is a 60 day money back guarantee , so i would suggest you give it a try and see what it can do for you . A demo account is also a good option just to see how thing work before you invest any money.
Click Here to see the Forex Megadroid Review Now

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