Falcor Forex Robot Review: Is This Forex Robot Profitable or Not?,Reader Interactions
25/02/ · Falcor Forex Robot assures consistent and high returns with its innovative logic. Is this a safe and reliable system to use in ? Our review provides an analysis of the key features of this FX robot to help you decide Verdict. Falcor Forex Robot is a scam advisor from a scam company. They have decided not to provide us with only wording instead of showing backtest reports and trading results. The devs know that this intel must be provided to increase a level of trust between a potential customer and an advisor but they decided to trick us AdRange of derivative investment platforms - 85% of retail derivative accounts lose money. Best FX brokers review ... read more
Those who put the cheaper price calculate it based on how much a person is able to lose without a drama. Falcon Forex Robot is a pure scam. So, this robot, as well as, the company are the best to avoid. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Skip to main content Skip to secondary menu Skip to primary sidebar Skip to footer Best Managed Accounts Forex Robots Forex Brokers Forex Signals Social Trading Platforms.
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It is mandatory to procure user consent prior to running these cookies on your website. The lack of backtests makes it difficult to analyze the strategy.
There are no verified trading stats for this FX EA. We could only find monthly performance reports on the official site. Here are the performance stats for February. From the above stats, we can see the system has generated a total net profit of 67, and a profit factor of 8.
For a total of trades, the profitability is While the profits are high and no drawdown is present, the lack of verification makes it difficult to know the authenticity and efficacy of the system. We prefer real trading results verified by a trusted third-party site like Myfxbook, FXBlue, etc.
Don Steinitz is the developer of this FX EA. He is the founder of the Forex Robot Trader company. He and his team of programmers have developed several FX robots and indicators including the Falcor Forex Robot.
Other products of the company include Vader, Odin, Pterodactyl, and others. There are no details concerning the founding year, location, phone number, experience of the team members, etc. Save my name, email, and website in this browser for the next time I comment. Forex Expert Advisors Reviews. Is Falcor Forex Robot good? Features of Falcor Forex Robot According to the vendor info, this ATS has new features that are not found in any other FX robots in the market.
Falcor Forex Robot claims to redefine the automated method of FX trading with its unique approach. As per the vendor, this ATS uses price action and no-lag indicators that work in real-time to ensure accurate trades and big returns.
Monthly performance results are present for the system and the pricing is not very high. However, there are downsides like no verified trading results, backtests, and there is lack of vendor transparency. Forex Robot Trader is the company behind the development and marketing of this FX robot.
Don Steinitz is the founder of the company. He and his team of expert developers and traders have created this ATS and many other products like Vader, Odin, etc. There is not much info present on the developer team. We could not find company details like the founding year, reputation, location address, phone number, etc.
The lack of vendor info makes us suspect the system is lacking in vendor transparency. As per the vendor info, this FX EA is easy to use for traders of any skill level. On purchase and loading of the software, it identifies accurate entry points, opens, and manages the orders automatically.
You can use it independently or with other FX EAs. You can also use it with your manual trading. Other than the mention of the software working on multiple currency pairs at a time, we could not find much info on the system. The vendor does not divulge details on the timeframe, currency pairs, deposit, leverage, etc. According to the info present on the official site, price action is the main approach used. It trades frequently and keeps open positions always. We could not find further explanation of the approach.
Further, the vendor does not provide strategy tests for the EA, which makes it difficult to evaluate the efficacy of the FX EA. There are no details present on the features you get with the software package. When compared to the price of other competitor systems, we find the price of this ATS is cheap. However, the lack of a money-back assurance makes us suspect the reliability of the EA.
Monthly performance reports are provided for the FX EAon the official site. Here is a screenshot of the monthly report of the FX robot.
From the above stats, we can see the system has achieved a total net profit of , and a profit factor of 8. For a total of trades, the profitability was The results show decent profit without any risk involved. But we prefer trading results verified by a reputed third-party site like Myfxbook, FXStat, and FXBLue. The lack of verified results raises doubts regarding the reliability of the system.
A doubtful EA. As per the review of one of the users on the Forex Peace Army site, the system has shown profits in demo settings.
But the results are not as high as found in the performance reports. Another user complains that the service is a scam as the support is very poor. Falcor Forex Robot claims to identify the highly profitable trades effectively with its unique approach. The vendor provides monthly performance reports to prove the claims of high profits. But the reports are not verified by a third-party site like Myfxbook, FXBlue, etc. Further, there are other downsides we noticed in the system like the vague strategy explanation, lack of backtests, and absence of vendor transparency.
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Home » Falcor Forex Robot Review: Can You Trust This EA? Forex Robot Reviews. By topfx February 10, No Comments 4 Mins Read. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email. Share Facebook Twitter LinkedIn Pinterest Email.
Vendor transparency Forex Robot Trader is the company behind the development and marketing of this FX robot. How Falcor Forex Robot works As per the vendor info, this FX EA is easy to use for traders of any skill level.
Some of the key features of the ATS that the vendor focuses on are: It helps you to trade skillfully without any hassle. The FX EA can work on multiple currency pairs at the same time. This MT4 tool uses a new trading logic to generate high returns. You can use full-size, mini, and micro-lots as the system is built to adapt to the size of your account. Timeframe, currency pairs, deposit Other than the mention of the software working on multiple currency pairs at a time, we could not find much info on the system.
Trading approach According to the info present on the official site, price action is the main approach used. Trading results Monthly performance reports are provided for the FX EAon the official site. Performance report of Falcor Forex Robot on the official site From the above stats, we can see the system has achieved a total net profit of , and a profit factor of 8. People say that Falcor Forex Robot is… User review for Falcor Forex Robot on Forexpeacearmy User review for Falcor Forex Robot on Forexpeacearmy A doubtful EA.
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Falcor Forex Trading Robot Review,Detailed Forex Robot Review
Verdict. Falcor Forex Robot is a scam advisor from a scam company. They have decided not to provide us with only wording instead of showing backtest reports and trading results. The devs know that this intel must be provided to increase a level of trust between a potential customer and an advisor but they decided to trick us AdRange of derivative investment platforms - 85% of retail derivative accounts lose money. Best FX brokers review 25/02/ · Falcor Forex Robot assures consistent and high returns with its innovative logic. Is this a safe and reliable system to use in ? Our review provides an analysis of the key features of this FX robot to help you decide ... read more
Interactive Brokers. Timeframe, currency pairs, deposit Other than the mention of the software working on multiple currency pairs at a time, we could not find much info on the system. According to the info present on the official site, price action is the main approach used. But the reports are not verified by a third-party site like Myfxbook, FXBlue, etc. LEAVE A REPLY Cancel reply. We have no idea how this schema was formed.
We could not find company details like the founding year, reputation, location address, phone number, etc. We also use third-party cookies that help us analyze and understand how you use this website. Trading approach According to the info present on the official site, price action is the main approach used. Related Posts. Popular Articles, falcor forex robot review. The presentation includes only positive feedback. How Falcor Forex Robot works As per the vendor info, this FX EA is easy to use for traders of any skill level.
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