This is slightly cheaper than other Forex trading robots out there. You also get access to video tutorials and guides when I downloaded this software.
Support is also great. Read the customer reviews below. Enter a review of your own to share your experience. The demo account returned great results, so I started trading in my live account. You will surely love this EA if you are patient because it does not trade as often as the others.
From my experience, it only trades times a week. I started on a demo account, but it did not trade the first week. I tried the demo account again for another broker. I also set up a VPS for this trade in hopes of solving the issue. After 2 weeks, the EA started trading a few times, but I lost everything in the 4th week. I got in touch with the developers, but they do not reply to my inquiries until I posted a negative comment in a forum. Their responses are not helpful at all.
I am happy with it because I get great results with any broker that I use. Since I started trading, my account has been growing consistently. I have a great experience with this EA, compared to the others that I tried before. Their support is great, compared to other developers. When I encountered an issue with the EA, I contact support immediately, and they responded within 48 hours.
They even helped me install the software and the VPS that I need without any additional fee. Since the robot was still in beta, the developers were keen at communicating with their users. They started with at least 10 accounts and brokers for testing and e-mailed every customer to get access to the results for each broker. After that, they recommended working with fxchoice because of the great results they received. Not only that, but they also provided explanations and showed actual results for this broker.
With other EAs I always lose money with no explanation at all. Mark Larsen and his partners have done a great job developing this software. I now realize that before you purchase a trading robot, you have to do extensive research, not only about the products you know how there are a lot of affiliates who want to sell untested products but most importantly about the developers. The developers of GPS Forex Robot know what they are doing and are smart when it comes to minimizing losses.
This robot is highly recommended. Learning that Mark Larsen is a real Forex trading expert made me think that this software will probably be better than the ones I tried before. Anthony and Ronald also launched their own trading software after the success of the GPS EA, and so far, they are doing good in the industry.
The newest version 3 offers more features and advancements. As I mentioned in this review, I did some research before purchasing this product. One important aspect of trading successfully is knowing which broker to choose. FXChoice proved to be a good choice, and all my first few trades won. Not long after that, ibfx closed their account. I was able to withdraw my money from them. Until now, I am still trading with IamFX. When comparing my results with the ones on their site, I saw that my results are just slightly worse than theirs, which means that they have honest marketing and that their robot works like they claim it would.
At the end of the week, I would only have 2 to 3 trades on my live account. It was not a big deal since all of my trades won. It is designed that way to have more winning trades. I then learned that you could set the frequency of your trades. You can actually trade every day. By default, new accounts are set to have safe settings that you can configure to make your software trade more often, by setting your Auto Analyze function off.
Sure, you may get more profit when your robot trades every day, but keep in mind that the more you trade, the higher your risk of losing. I choose to trade only a few times a week. It may be slow, but the possibility of winning is much greater. If you are looking for a robot that you can trade with for a long time, GPS Forex Robot is your choice. Some robots in the market can make you huge profit in the first few weeks, but will quickly blow your earnings in the next coming days.
In fact, my profits are always rising. This robot is best for beginners who do not want a complicated process of using an EA. You can trust this robot because their sample results are verified. They also have verified documents from brokers — things that you should be looking for when choosing an EA. However, the robot will immediately open a recovery trade that will work to cover the losses.
So far, all of my recovery trades are profitable and are successful at covering my losses. Some traders are so confident with this robot that they trade K on their accounts. If you are a new trader, I recommend starting with a small amount and go up from there. The demo did not show negative results, so I went live.
On their site, the developers claimed that the EA trades every day. They repeated that over and over, but mine does not trade at all. Within 3 months, the EA traded only about 7 times, and I get a little profit.
When the second version came out, I bought it again in hopes of seeing more trades, but it did not improve. How can you have that profit when the robot does not even trade? I have proven how well this software works. It is easy to implement and use, so I recommend it to newbies like me. Trader Group Monetary Market Advisors. Contents 1 Pricing 1. Check this box to confirm you are human. All my trades won. Stable results for 2 months.
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