Forex Pro Island is an automated trading robot developed for the MetaTrader 4 platform. The creators of the service claim that “90% of FX traders use Forex Robots,” which is a weird claim to make, as it’s false. Automated trading is not as popular as this developer says, and we are unsure why they would put something so blatantly wrong at the top of their website. The number is probably inverse, with 10% or less of all Forex traders using expert advisors. This is not a major issue, but they should have proof of their numbers before throwing them out there.
There doesn’t appear to be any information provided about the development team or their location. They should provide some detail about who they are, and what type of trading experience they have in the Forex marketplace. Most consumers in this market will not buy a system from an unknown vendor, and we don’t blame them.
In order to get in touch with support, traders can email email@example.com.
Forex Pro Island Review
The Forex Pro Island website is a bit unorganized, and not the most professional that we’ve seen. It includes trading results, information about the software and pricing.
There are a handful of reasons the developers feel their software is ready to compete with the best Forex robots in the market. These reasons include their trading algorithm, minimal time investment, trend power detection, user friendly interface, adaptive take profit technology and multiple trading styles.
They also provide a user guide, and promise stress free support to help their clients every step of the way. We always recommend emailing a vendor before you sign up to ensure that the support is effective.
The developers created the Forex Pro Island software to use all resources available, and avoid waste. The system stores information about “previous market fluctuations” and uses adaptive technology to analyze real-time market conditions. They also make mention of the software never repainting, which is more a a Forex indicator feature, than a robot feature. So, we are unsure why this is mentioned a handful of times.
Overall, they provide generic information about different aspects of the strategy, but never get into real detail about the methodology. As it stands, we do not know how the software analyzes the market, and what approach they use to enter trades.
- Type: Forex Robot
- Price: €279.00
- Strategy: Undisclosed
- Timeframe: H1
- Pairs: EURUSD
Traders interested in the Forex Pro Island software can acquire it for €279. This is certainly a high price, and higher than some of the best robots in the market. It does come with a 30 day money back guarantee though, for those that want to try it risk free.
The Forex Pro Island trading results are scattered throughout the website, but consist only of screen shots. There is a screen shot of a Myfxbook account as well, but no access to this account. We have searched the Myfxbook website to try and find the account, but it doesn’t exist.
If they truly have a Myfxbook account, they should link to it, and not just show a screenshot. The screenshot makes us believe that they have photo shopped someone elses trading account, to make it look like theirs.
We hope that the vendor will prove us wrong and truly be able to provide verified results that prove their promise of a 74% win rate.
The Forex Island Pro service doesn’t seem ready for public consumption at this point in time. It is priced high, and the vendors don’t provide us with any verified proof. We do not know who they are, and they provide no information about their methodology.
It is also very difficult to trust the vendor because they provide screenshots of an account that very likely isn’t their own.
If you have anything else you would like to add to the review, please leave your questions and comments below the article now.
Forex Pro Island €279.00
Forex Pro Island is a Forex robot that utilizes an adaptive take profit technology which gets more out of each profitable trade.
Multiple trading styles
Adaptive takeprofit tech
No verified trading results
No info about developer