SPhantom is a Forex trade copier that that is being touted as a safe solution for your Forex business. The developers of the system claim to have a group of live analysts that will help deliver safe signals directly to your trading account thus eliminating any need for trader involvement.
Today I will be providing a review on this software and taking a look at what the community has to say.
While the sales page claims that this is an expert advisor it is actually a trade copier so if you do not like trade copiers then you would want to avoid the Sphantom. The site itself contains very little information about the strategy but does provide us with a my FX book account that is clickable. Unlike many other providers that shows screenshots of my FX book accounts this one is actually real.
We can see here that the results were started up in May 2013 and it run until now showing a positive growth for this period. The only real downfall here is that the system does not trade often and that there has been large drawdowns up to over 60% in the past. Another notable is the size of the account being used. Some people believe that the developer doesn’t have a lot of belief in their own system because they have only deposited $100 and don’t show how the system would work on a larger account.
The customer feedback on the system has been pretty good so far but I’m not sure if I’m going to try this one myself just yet. I would like to see what you have to say about this Sphantom trade copier so let me know your opinions and comments below.