Fundabot is a new Forex robot that’s advertising itself as the easiest trading system on the market. The software requires 10 minutes of setup every Sunday before the market opens and then it will trade automatically without any intervention for the entire week.
Today I’ll be providing a review and informing the readers of Forex Robot nation if this system truly is “a new breed of robot.”
The developer of the Fundabot system is Adam woods and he claims that this software is one of his biggest kept secrets and it’s made him a lot of money over the past 10 years. I hope this is true. The website is quite underwhelming, and the header images are really quite cheesy as we can see a robot gripping a trophy and a stock photo of a young attractive couple flashing money. The social shares at the top of the page are also unimpressive, they are actually doing the product a disservice. As I write this review I can see that their website has yet to accrue even a single like, tweet or google +1. This shows me that the software is not popular, and it’s very possible that we would be the first traders ever using it, that makes me uneasy.
The Fundobot software was tested for two years before the producers started using it on real money. They now believe that it’s ready to be released to the public because they don’t have to rely on backtest results, and have real money trading accounts. It’s one thing to say that you have these accounts, and it’s another to actually provide them. In the case of this robot, they don’t have any results on their web-site at all. If I’m missing something please leave a comment and show me where the results are because I can only see a screen shot of a myfxbook, which we all know is not real proof.
I do not recommend Funobot, and I won’t until these results they claim to have surface. At $250 to start and then $45 per month after that, this product is not cheap and without any sort of track record there’s no reason for them to be charting such an exorbitant fee. If you have something you would like to add to the review please leave your comment about this bot below. Thanks for your time, and have a wonderful day.