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FX John

Opinions on Superfxrobot

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Hello all, I'm quite new to trading and someone advised me to get a robot. While doing my research, I came across superfxrobot EA and got some positive feedback. Then ther person recommended it to me and said it's very good and that he's been earning money with it everyday. Now i'm thinking of buying it myself but want to know others opinions on that EA. Is it really good as they say?

 

Thank you.

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Given it's your first post I do wonder if this is an attempt to be promotional.

 

However, I'm going to allow it and see if anyone wants to weigh in - I can tell you the ongoing consensus is there's yet to be a successful EA over any length of time. Doesn't mean it's not possible but there is a lot of optimization that goes into most of them to make it look impeccable until the unexpected happens and you have a massive drawdown. Whether that EA is any different I'll leave it to others to weigh in since I have no firsthand knowledge. I do see they give logins to various accounts that you can monitor so perhaps someone else will look into that and let us know their opinion.

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Here is a post from Zulutrade at forexpeacear


  1.  
     
    "I opened their MIG investor password
     
    Login: 89844
    Password: invest1
    IP: real1.migbank.com:443
     
     
    The robot is losing money. I am not talking about the money they withdrew or the open losing trades. Its a losing robot. "SCAM"
     
RapidShare: 1-CLICK Web hosting - Easy Filehosting

 

Here is the statements I uploaded it on rapidshare for the account above!!"

 

 

 

 

On another site there were some "its great posts" but they were from 1 post posters (read probably spammers).

 

 

The other thing you should never forget is "real accounts" can be faked. 1. They may have traded something else. 2. They may run 3 devices and then pick the one that went well over the last xx months.

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I have fall into this scam from Automated forex system | Forex trading robot | Best forex software | Superfxrobot - Automated forex system | Forex trading robot | Best forex software. This SuperFxRobot Expert Advisor is a scam robot coming from the guy by the name of Dominic. Please stay away from this robot because it will not work in a live account. Many broker have ban the use of this robot and you won’t be able to get it up and running in a live account. It works on Demo account and make you big money but not live account. 95% of the trades will be cancelled and won’t get through on live account. Simply it won’t make you money at all. If his results is too good to be true….it properly is a scam robot.

 

ACCOUNTS NUMBERS & PASSWORDS ON THE WEBSITE FOR YOU TO CHECK ARE ALL DEMO ACCOUNTS NOT LIVE ACCOUNTS….HE LIED THAT IT IS A LIVE ACCOUNT

 

You have to find a fast data feed broker and a slow data feed broker and you trade on a slow data feed broker and take advantage of the few pips difference between these two brokers. They give you recommended combinations of brokers but all these brokers know about this robot abusing the system and have ban the robot from trading and it will not put on trades at all.

 

Please read the disclaimer and terms & conditions carefully because it said that don’t expect similar results as he get and no refund. Simply it means he allowed to take your money whether you make money or not, he doesn’t care. Offer to support but little he can do because the software simply will not work. Please aware that you will not get a refund even if they know that its not working or make you money. I am a victim of this scam so if you want to contact me my email address is ruht03 AT hotmail DOT com

 

I HAVE SAVED YOU US$2000 by warning you of this scam robot call SuperFxRobot. I have learnt a lesion for not doing my research before spending US$2000 which is a lot of money for something that don’t work in a live account – ITS JUST AN EXPENSIVE TOY

 

A pretty risky business to spend US$2000 for something that you don’t know how it work. I have lost money in this website that I won't be seeing a refund. I write this so others will not be taken advantage like I was.

 

Richard

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      FX Update: USDJPY lifted back above 109.00 from yesterday’s correction low at 108.54, but has so far left yesterday’s 10-week peak at 109.20 untroubled. Ditto for EURJPY. Stock markets in Asia have been broadly lower following declines on Wall Street, with investors digesting higher yields — the 10-year T-note finally touched the 3.0% level (and first time here since early 2017) — and doubts about earnings growth. The USA500 closed out yesterday with a 1.3% loss, while the Nikkie 225 was showing a 0.3% loss in the late PM Tokyo session. This backdrop has likely curtailed yen selling, according to market narratives. In data, Japan’s February industry activity index came in with 0.4% m/m growth, slightly below the median forecast for 0.5%. USDJPY has been trending higher for a month now, from sub-105.00 levels. The dynamic has been concomitant with rising U.S. yields, with looser fiscal policy having given added underpinning to Fed tightening expectations. This comes with the BoJ continuing to peg JGB 10-year yields near 0.0%. Demand for foreign assets by Japanese life insurers has been a factor propping USDJPY up so far in the new fiscal year, while an abatement in concerns about trade tensions and cooling relations on the Korean peninsular have also been in the mix. Overall, we advise following the trend in USDJPY for now. Support comes in at 108.40-42.

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      Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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