Today I’m analyzing a new EA that is built to generate stable profits every month, Optimum Forex Robot. The developers of this software claim that it is a revolutionary Forex product that traders can expect to generate thousands of dollars in returns. The system is built to hel traders “stay in the trade as long as possible to get maximum profits using a special automated trailing stop function.”
The software is consistently advertised as a product that doesn’t lose. Yet, their own trading results show that the software does lose trades. Maybe there is a languid mixup and this is lost in translation somewhere, but do understand that the software does not win 100% of its trades. Full robot ratings list found here.
Optimum Forex Robot Review
How the Optimum Forex Robot operates is an exactly discussed in much detail. I’m aware that this is an automated Forex robot that is easy to use, instantly downloadable and designed for nonstop trading. Yet, the strategy, and the intricacies of the method are not explained. The developers tell us that the software successfully used by many Pro Forex traders around the world, but they don’t provide us with any proof of this either. The sales page certainly has a lot of holes in the information provided. This doesn’t necessarily mean that the robot is inadequate, that it’s something I hope that they work on moving forward
- Type: Forex Robot
- Price: $199
- Strategy: Scalper
- Timeframe: M5
- Pairs: EURUSD, GBPUSD
There are 3 main aspects that the Optimum Forex Robot developers focus on in their sales page, the instant download, their support and the ability to upgrade. They want traders to know that access is granted immediately after ordering so traders can install the software right away after receiving an email about their license activation code. They promise support is available 24 hours a day, 5 days a week. So, I recommend emailing them and seeing just how quickly they respond to test their service. Often what I’ll do, is pretend that I have an issue and see how they respond. Lastly, they want traders to know that the software is frequently upgraded and all updates are provided free to current members.
Currently, there is one Optimum Forex Robot trading account available. This account is being run by the vendors. I have not found any accounts from real clients yet, but this is a very new robot so that’s not an issue.
The vendor account is being hosted on FXBlue and it shows a gain of over 180% during its 39 day history. It trades very frequently, with 44 trades per day on average scalping trades anywhere from 5 to 9 pips. The most frequent wins are around 5 pips and the losses around 1 to 2 pips, which is a good risk reward ratio.
In order to successfully utilize the Optimum Forex Robot, traders will need a very low spread broker this is because the trades being taken are often very small and quick. As for my rating, I’m going to give this EA 3 out of 5 stars, which is a really good place to start. I hope that I can learn more about this robot and see some client results soon. Depending on how this robot performs in the next 6 months, I’ll come back frequently to either update the rating or let you know exactly how the software is performing.
Thank you for stopping by and please feel free to leave any remarks or questions that you may have.