Forex Robot Reviews

FX Capitalist Review And Discussion

FX Capitalist is a new forex robot being sold by James O’Reilly for $87 on the Clickbank payment processor. It comes with a 60 day money back guarantee. Seems to be a lot of contraversy surrounding this one and it’s “3rd party results”.

Results And Strategy

The one account in particular that has a lot of question marks behind it is this one from FXopen with a 204% gain. Funny thing is 190% of that gain came from 1 single trade. There were 2 other winners that brought in 5% each and then the other 11 trades out of 14 were losers. What’s wierd about the losers is that a lot were closed the same minute they were opened, while others stayed open for a maximum of 5 minutes. It seems as though it will have on to a loser for 5 minutes and if it doesn’t turn green by then it closes. 10 out of 11 of the losing trades were trading lot sizes under 5.00, while the 3 winners had lot sizes of 25.00 and 38.00. Seems a little ridiculous.

It’s almost as if they’re opening a bunch of accounts and making all kind of massive volume trades on all the accounts and relying on the law of averages to have some big winners. They show you the winners and scrap the losers.

fx capitalist

Remember if you are going to try FX Capitalist that you fully understand how the system works before running it live. I always recommend to use your refund period to test it thoroughly for at least a month. If your results are above satisfaction, then and only then should you consider taking steps to trade it live with your hard earned money. Just because a website says their system will make $xx,xxx a month doesn’t mean it’s going to. So if you are not satisfied, do not hesitate to request your money back. If you are interested in more information on this forex product then check out the link or any comments below.

If real user reviews of FX Capitalist are what you are looking for, then check the comments below. They are real customer experiences with this product. If there are no comments, then be sure to come back frequently and check for updates as our review and discussion of this product continues to grow.

If you have experience with FXCapitalist or know something people might find important please feel free to share in a comment below. It may help someone save or make a lot of money so don’t hold back. Because of the influx in forex robots and forex systems being released right now, our reviewing as been slowed but our user comments have not. Make yourself at home and write a comment, or ask a question for the community to discuss. You will be surprised the information and knowledge you may unveil.

If you want to submit a forex trading product or broker that is not listed on our site, please use the Submit A Forex System form or Submit Your Own Articles. There are many private and underground forex robots and systems out there they I just don’t have the time to look for. So if you know of any, or a place to find them please feel free to share and I will make a post about it for the community to discuss.

Ok guys lets get the ball rolling, here at ForexFBI we encourage our visitors to discuss your FX Capitalist experiences, strategies, thoughts, whatever…

FX Capitalist Rating And User Comments

3 Comments
  • Speciaty Forex - Posts:
    November 22, 2012
    Reply#1

    I bought it because i have been working on a similar scalper for the 1 hour chart and wanted to see what this one is doing. I ran a back test on FinFX and the results where poor. It realy did not trade to much and had a small profit. I seems to place buy stop orders at breakout points and tried to take a small profit. The ones im working on are doing much better! I will be asking for a refund, It does not look like I will need it.

    • Pipster - Posts:
      November 22, 2012
      Reply#2

      Thanks for your report. Can I ask a few favors? Can you place the EA on a live account using only .01 lots. Strategy Tester and Demo accounts only shows the EA functioning properly. Live environment will show how it really behaves with live ammo being thrown at it. Also, if you don’t mind, sharing more about your EA? i.e. website or blog post. 🙂

  • Pipster - Posts:
    November 20, 2012
    Reply#3

    Any takers?

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