Fast Forex Millions – Robot Review
New robot Fast Forex Millions is hitting the shelves, it is developed by the same people that brought us Forex Growth Bot in 2011, we have only intelligent user reviews on the product. The price for this system is not yet announced and it is being sold on the payment processor Plimus.
Tagline: $5,000 to 20 million in only 24 months, 100% automated Forex trading that is beginner friendly.
Website: www.fastforexmillions.com (available but not completed)
Type: Forex robot.
If you liked Forex Growth Bot then you probably will like Fast Forex Millions as it was developed by the same people. If you are interested in this I suggest that you do a lot of research and talk to some of the Forex Robot Nation users.
Results: The only results provided for the Fast Forex Millions are screen shots of back tests thus far. Following is an example of what you are likely to see as proof if you are interested in purchasing this system. The problem with this type of Forex results is that it really cannot show a true image of the strategy itself and thus not depicting how the Forex product will actually perform. This is not an insinuation about Fast Forex Millions on behalf of Forex Robot Nation but an astute observation of the market for Forex products itself.
Here at Forex Robot Nation you will be able to find the best reviews on Fast Forex Millions from real Forex traders. We have a strong community that are fully involved in the process of our Forex reviews which include a dedication to testing and discussion. Our users and expert traders will be able to help you earn a lot of money utilizing Forex trading systems and strategies.
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It is time for you to have your say on Fast Forex Millions so leave a comment below and tell the Forex Robot Nation community what you think! If you like it or you hate it we want to know everything about Fast Forex Millions.
First days off using on demo looked bad.
Afther backtesting looks a lot better.
Had a mail from the seller that he is gone change the EA to make it profitable be course afther the EA went into profit it ended up to be stopt out on the stoploss.
he is gone make the stop profitable on these trades.
OK, one week over for ffm to work. Real account CVapital: 2200 USD Instaforex. Here is a result summary done by her.
Pairs Total trade Profit (# of trades) Loss (# of trades)
EURUSD 8 30.34 (1) 150.69 (7)
USDCHF 4 0 (0) 25.82 (4)
GBPUSD 2 0 (0) 36.00 (2)
USDCAD 5 47.32 (2) 25.40 (3)
AUDUSD 4 13.40 (1) 41.07 (3)
______________________________________________________________________
Total 23 90.95 (4) 278.98 (19)
In fact ffm make quite a lot of trades but seem it didn’t know how/when to stop or stopping too early I don’t know. I switch off the EA when she loss continuously. Manage to make a profit on USDCAD (closed manually). Tried to make a backtest on different filter depth and manage to find a number (730, dualmode EU) that seem profitable but not much as advertised. Now I stick to one pair only (EURUSD) and ending the week with one open trade with floating profit. have to wait till Monday to know what will happen. I hope the creator can look at this matter and make adjustment on the EA. I hope that I don’t have to make a refund request because I like the way this EA work (no martingale) but the most important thing for EAs is making profitable trades.
hi Amhar,what was your setting?
Started updated version yesterday looks promising.
My settings on FFM25 are
Pair FilterDepth
EURUSD 1250
GBPUSD 1850
AUSUSD 1900
USDCHF 1250
USDCAD 2200
On a Thinkforex demo account $3000
3 trades in profit $82
3 trades running with a profit of +$100
Rund, do you have Dual Mode on or off for your filter settings?
Hai Rob, I’m using default setting on all pairs. With the new version (ffm25) I only trade EURUSD with dual mode=true and filterdepth=850 and USDCAD with dual mode=true and filter depth=1325. The robot trade rarely (once or twice daily) but both pairs closed profitably. Need to wait for a few days.
Mike, I trade dualmode false.
Till now EURUSD 2 winners
AUSUSD 2 winners 1 loser
GBPUSD 1 winner 1 loser (bigger than winner)
USDCAD 2 winners 2 losers
USDCHF 2 winners 1 loser
still 147 profit on 3000 DEMO
Hi Guys,
I follow this real account at myfxbook using FFM v2.5.
https://www.myfxbook.com/portfolio/fast-forex-millions-v25real/231064
I like to buy this bot next week after contacting the myfxbook testers. they like ot offer me a discount but not sure..
I will monitor it a while and come back
regards Alex
Alex,
Is the result on the myfxbook with the standard settings and duelmode false or true?