Forex Robot Reviews

Summit – FxOpen Review

System: Summit – FxOpen Review

Description: -Only Major pairs.

-Swing Trades using always less than 10x leverage, usually 3 to 5 leverage is used.

-Low drawdown.

-Only one trade open at a time.

-Usually between 5 to 10 trades per month.

-The focus is on monthly and yearly return, not in number of trades.

-Consistent winning!

Type of Trading: Real

Broker: FXOpen

Started: Jun 24, 2015

Views: 3

Tracking: 0 users

Currency Pairs: GBPUSD






Overview: Summit – FxOpen Review Myfxbook system has made +3% in 21 trades since Jun 24, 2015. The average winning trade is about120.15 pips / $35.47, and the average trade with a loss around -61.80 pips / -$18.82. Trades are left open on average for 4d.

(4/10) 40% is the winning percentage of its buy trades and (4/11) 36% is the winning percentage of its sells.

(Sep 07) 387.1 was the best trade it ever produced. (Jul 31) -96.6 was the worst.

Pros & Cons


  • It doesn’t appear to be a scalper, which is good
  • 18.3 max drawdown looks good

No comments currently exist for this post.
Leave a Reply:

Disclaimer: Before trading with any of the brokers or software potential clients should ensure they understand the risks and verify that the broker is properly licensed. The website does not provide investment services or personal recommendations to clients to trade forex. Information on should not be seen as a recommendation to trade forex or a be considered as investment advice. is not licensed nor authorized to provide advice on investing and related matters. All information displayed on this website is for educational purposes only. The potential client should not engage in any investment directly or indirectly in financial instruments unless (s)he knows and fully understands the risks involved for each of the financial instruments promoted in the website. In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all. Potential clients without sufficient knowledge should seek individual advice from an authorized source. In accordance with FTC guidelines, has financial relationships with some of the products and services mention on this website, and may be compensated if consumers choose to click these links in our content and ultimately sign up for them. Forex trading entails significant risks and there is a chance that potential clients lose all of their invested money