Forex Power is a new EA that took 7 years, 3 traders, and 2 mathematicians that made a profit of just $11,000 in in 9 months on an $18,000 account. It’s being sold for $260 on Clickbank with a 60 day money back guarantee. The layout of the site is nice and clean looking giving it a professional feel, but that all goes out the door when you look at the results.
That have one statement being showed, that’s beind edited because it does not include all the standard info you see in an MT4 statement. None the less it’s not even that impressive. It shows an $11,000 gain since Feb, 2012 to Nov 2012 on an $18,000 account and an unknown draw down as they are hiding this. That’s all they have, I’ve asked if they could show this account on Myfxbook but still yet to hear back.
It’s a martingale EA that trades EURUSD and USDJPY with a 2.0 lot multiplier. Looks like it’s runner a higher than normal Pip step at about 70 on eurusd. We all know the deal with these types of EA’s, profitable but you need to know how to control the risk and trade the right pairs. Doesn’t seem like there is anything new with this one to make it worth switching to over other martingales.
Remember if you are going to try Forex Power Robot 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.
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If you have experience with ForexPower 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.
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