FXDiverse is a new Forex robot built to trade from 3 up to 28 pairs. They currently have 2 plans, a yearly plan for $235 and an unlimited plan for $275. With such a small discrepancy I find it hard to believe anyone will purchase the yearly version.
Today I will be providing a review and letting you know if this automated trading system is worth your hard earned money.
My initial thoughts are quite positive. The FXDiverse website is professional and very straightforward. They don’t discuss the Forex trading strategy behind their expert advisor but they do provide a couple of accounts for us to peruse on Myfxbook. Both accounts provided show drawdowns around 30% and gains in the 100’s.
In looking closer at the Myfxbook accounts, would really sets this EA apart from the rest of the market is the extended duration of trades. In looking at the main account, 7 of the last 14 trades lasted 18 days long. This is a period over 2 weeks. Many traders prefer scalping systems because they enter and exit the market quickly but that doesn’t mean that this strategy won’t work. It just means that you will need a very high level of patience to let the software run and do its job adequately. I don’t recommend a Forex strategy like this for a nervous trader.
One of the elements I really like about FXDiverse is the 60 trading accounts in the members area. According to the sales page, the members area have 60 different trading accounts running and members have access to all of the different settings for each account. This gives traders the opportunity to try many different settings until they find the one that suits their trading style. I don’t believe they will have settings that will change the duration of trades but that’s certainly something I’d like to look into.
I don’t want to make a final determination about the FXDiverse software until I get my hands on it. I plan on getting in touch with the developers and seeing if I can test the system and show the Forex robot nation community my results. If you are already using this software or you just want to leave your feedback I look forward to hearing what you have to say. Before registering with any robot it’s always a good idea to see if it’s performing for real traders first.
Currently my main focus has been on Forex Fury as it continues to grow my accounts very quickly. I’ve seen gains of over 16% in the last two weeks and I recommend this robot to all my readers.