Smart Forex Mama is a forex robot being sold by an unknown developer for $249 on the Clicksell payment processor. They offer a 30 day money back guarantee, but only if you have a negative result with their product. I don’t have much experience with this developer or the payment processor (Clicksell) so how hard it will be to get the refund if needed is unknown.
Strategy
The trades range from a TP of 3 pips up to 60+ pips with losses ranging from 10 – 50 pips. They seem to only be trading EURUSD and USDJPY. They show 2 good looking backtests with low draw downs but in their parameters they show now TP or SL settings, meaning you can only control the following settings:
- AutoMargin=true;
- baseLots=0.1;
- Risk=0.5;
- Maxspread=3;
- Magic=506789;
- OrderCmt=””;
Results
They show what they claim to be a real money account with a starting balance of $1000 that has a net profit of just over $2,800 from May 2012 to now.
Not too sure about this one… Website looks like crap, results are fairly short term and not verified by any credible source, the price is a little high and the payment processor is some what unknown. A lot of question marks here so if you do plan on trying this one out to do so with extreme caution.
Remember if you are going to try Smart Forex Mama 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 SmartForexMama 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 Smart Forex Mama 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 Smart Forex Mama experiences, strategies, thoughts, whatever…
