Today I’m looking at a new automated trading software that took “a few months of hard work” to develop, Forex JokerBot. This is from a new developer, Maria Maxxus, who launched a landing page for Forex traders in October 2016. I’ll make sure to go over this new developer in detail, and let you know everything that you need to know.
There is no address for either Maria or her Joker software but support can be contacted via mariamaxxus@gmail.com. They claim that the support is available 24 hours a day, seven days a week, so I recommend testing them out before signing up to see if that’s true. See all Forex Robot ratings here.
Contents
Forex JokerBot Review
The Forex JokerBot claims to provide traders with an 85.9% win/loss ratio, due to their utilization of modern Forex trading technologies. To be more specific, the software “calculates two pricing corridors” and uses an “offset of one corridor in relation to the second by a given level.” Honestly, the sentence runs on a little more and gets more confusing. An example with a chart would certainly help me understand this much better.
The EA comes with money management, trailing stop loss, max spread and a feature that allows you to specify the trading hours.
Breakdown:
- Type: Forex Robot
- Price: $75
- Strategy: Undisclosed
- Timeframe: M30
- Pairs: EURUSD,USDJPY
Maria Maxxus
The one main question I have about the Forex JokerBot developer is, who is Maria Maxxus? The web-site is strikingly similar to the approach of Rita Lasker, Alex Tanuka, and Anna ‘Forex’ Monti. It’s certainly possible that all these developers are just one person. I don’t have proof of this, and I don’t want to say this is 100% the case, but it’s certainly something that we need to consider.
None of these developers use live trading results. They all provide 1 month of trading history, and describe their products in a very similar way.
The photo she is using is also a stock photo that can be purchased online. It’s not actually her. There are a lot of people that use stock images, so this isn’t a major issue but it does seem like this persona popped up overnight in October 2016. There is no history of trading knowledge, or experience. Just a brief introduction about how she worked for Sunflowers Inc as a designer, then started Forex trading thanks to advice from her brother Michael. According to mariamaxxus.com this was just one year ago, and now she is apparently developing systems like the Forex JokerBot, this seems a little fast to me. It takes years to learn how to trade. Especially, to get to the point where you can start teaching and developing systems.
Trading Results
The trading results for the Forex JokerBot, all come from a one month period between Feb 17th and March 20th, where the system made 72 trades, and won 59 of them. These are impressive numbers, but the sample size is so small. In fact, it’s already April 6th, so there hasn’t been any new results in 3 weeks. A lot can change in a span of 3 weeks. That’s why I always recommend robots use services like myfxbook or mt4live to report their results.
Conclusion
So, let’s say welcome to the Forex community to Maria Maxxus, even though I’m not sure she really exists. For her first product, Forex JokerBot I’ll be providing a 3 star out of 5 star review. This isn’t a bad rating, but it’s not a system I plan on rushing to purchase today.
Let me know what you think about this service by leaving your comments and reviews below this article now. Thanks.