Forex Alpha EA Review Is This A Scam Forex Robot

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Alpha-Robot.net Review Visit site

About Alpha-Robot.net

The Alpha-Robot MT4 EA is a forex expert advisor. The Alpha-Robot automated forex trading software for the MetaTrader platform places trades for you. The Alpha-Robot.net forex robot trades on 8 currency pairs and works with all brokers.

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Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Forex Alpha Robot +3.14 43.8 +287.468

Performance results may be delayed. Please click the test to see detailed current report.

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I’ve been using EA forex Alpha for 2 weeks.

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Forex Robotron Review

Any expert in forex trading can clearly see that Forex Robotron is a scam. However, if you want to find out why is Forex Robotron a scam and what is Forex Robotron in real, then you can find that within our Forex Robotron review here, for that you don’t have to search any other Forex Robotron reviews.

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Forex Robotron Review

So, if you are searching for the Forex Robotron reviews to find out either is Forex Robotron a scam or a legit, what is Forex Robotron in real, then you are absolutely in the right place because here we are going to provide you the complete truth about ForexRobotron.

Actually, Forex Robotron is hiding cockroach in their cupboard. So, now it is clear that Forex Robotron is a scam. So, after knowing this fact, if you don’t want to find out more details on Forex Robotron but instead want to find out the real forex expert advisor, see this link:- FXMasterBot.

OK, let’s continue with our Forex Robotron review to find out in detail what is Forex Robotron and why it is a scam.

Forex Robotron Scam

There are screenshots of Myfxbook accounts on their sales page, but the funny thing is that when you try clicking on their ”MyfXBook verified Result” section, you will notice that it does not lead to any trading result account. It would not be a wise decision for anyone to spend $500 on a trading robot that can only provide one month of trades from half a year ago on a demo account.

Review Verdict : Forex Robotron is a scam!

Forex Robotron Review Conclusion

Aforementioned, now it is clear that Forex Robotron is hiding their trading result for reasons best known to them. So, Forex Robotron is a scam and we have listed it in our Bad and Scams category.

Best Forex EA

Unfortunately, because Forex trading is still relatively unregulated, the number of scams seem to be ever-increasing. One area in which this happens on a regular basis is with automated Forex trading bots. Many of the systems make some pretty unrealistic claims, and promise a successful trading career, even when you’re asleep. They even seem to be able to publish positive results on their sites. However, a word of warning: These amazing results are often the result of back-testing, or based on hypothetical results.

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Forex Robotron Review

Forex traders across the world have started using robots for automated trading and trading assistance. With the increasing number of robots and many scams present among them, traders need to conduct proper research before investing in a robot.

Forex Robotron has been quite talked about. It will be the primary focus of this review today.

In-Depth Forex Robotron Review

On first look, the forexroborton.com website appears to be hastily developed, lacking essential credible information about the robot. The Forex Robotron boasts of being the only robot that has been tested with variable spreads, tick data, and real slippage too. The latest version (version 25) that was released on April 2020, features 8 trading currency pairs and a time frame of 5 minutes.

The website boasts that thousands of hours of research and backtesting have been invested in the development of the product. However, one will find no mention of the developer or the company behind the robot. Since the vendor information is missing, the reliability of the product cannot be established right away.

Price

The Forex Robotron is available to traders at a one-time payment option. They have the freedom to choose between four packages:

  • Basic – Priced at $299, the Basic package offers 1 real license for a lifetime.
  • Standard – Priced at $399, traders can get 2 real licenses for a lifetime.
  • Gold – For a price of $499, traders will get 3 real licenses.
  • Premium – Priced at $999, the traders can use unlimited licenses through their lifetime.

The vendor offers a 30-day, no questions asked, complete money-back guarantee. Many traders are today bent towards paying for forex robots from the profits it earns for them. Therefore, the one-time lump sum payment might not be attractive to all. The lack of transparency and the one-time payment raises suspicion about the performance of the robot.

Forex Robotron Features

The Forex Robotron trading software is designed to work with the MetaTrader 4 trading platform. The fx robot trades 8 different currency pairs – EUR/AUD, EUR/CHF, EUR/CAD, EUR/USD, EUR/GBP, GBP/AUD, USD/CHF, and the USD/CAD, on a 5-minute time frame. There is no mention of the type of trade, stop loss or the deposit recommended to be used on the portal.

How Forex Robotron Works

It has already been said that traders can trade in 8 pairs following a 5-minute timeframe. The traders have the freedom to set the stop loss, take profit and other related parameters as per their requirements. There is no other information on the website about the trading strategy employed by the robot, the leverage requirements, and other trading information. It was found through heavy research that the robot followed the Scalper strategy for trading, with no confirmation from the website itself.

Live Trading Results

The vendor lists three different trading results on the website. However, they are somehow linked to deception and ambiguity. The first trading result provided is ‘GOB Trade 2’ that is listed to a Myfxbook account named GOB, that doesn’t seem to be connected in any way to the Robotron team. Further, the results provided have been run on the Knit FX Broker, that is an unregulated and unreliable one. The Forex Robotron EUR/USD results provided is from an account that ran only for a month in June-July 2020. This is a clear cry for the vendors to share reliable trading results that do not draw suspicion.

What else you should know about Forex Robotron

When hunting for reviews, a good number of negative customer experiences and poor reviews came up. Customers claim that the time parameters cannot be modified. Customers have claimed that the robot is incapable of making profits and incurs losses in succession. One customer even claims that backtests done on the MT4 platform prove that the robot simply wipes out accounts. Here are a couple of screenshots of real reviews:

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