2010-02-10: SCAM ALERT: The FPA has seen strong evidence backing the claim that the original version of USDBot was an unlicensed copy of a free EA.
We are told that the upgraded version is a totally different EA that uses a Martingale strategy. We are going to let it run and see how long until it crashes the account.
08-27-2010 It's time to stop the test. Original Pirated version of the EA was very interesting indeed. The upgrade is not nearly that impressive.
02-05-2010 "Upgraded" version installed.
The sales page of this product features extensive life story of Mark Trenton and we aren't exactly the literature critics here to comment on it. The technical information given about the trading system behind USD Bot boils down to three words that make sense "Neural Adaptive Technology".
Other bells and whistles include: Automated Risk Scaling, Money Management, ability to trade multiple pairs and mostly important Live account statements to back up the high claims.
All three accounts on the front page have less than a month trading history, which means it's not too late for ForexPeaceArmy to join the army of testers.
01.26.10 USDBOT installed on Daily EURUSD and USDJPY charts with recommended parameters for 5-digit brokers...
Risk Warning. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all
investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in
foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign
exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Disclaimer and Risk Warning. Please read.
Risk Warning. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Disclaimer All information posted on this website is of our opinion and the opinion of our visitors, and may not reflect the truth. Please use your own good judgment and seek advice from a qualified consultant, before believing and accepting any information posted on this website. We also reserve the right to remove, edit, move or close any post for any reason.
Google Ads Warning Advertisement links from Google are displayed throughout the site and do not reflect the opinion, endorsement, or concurrence of this website or affiliated parties. Google ads contain potentially misleading and/or unbalanced claims and information that may fail to disclose risks and other important considerations involved in speculative trading.
Spammers be Warned If you spam the FPA's forums or reviews, we reserve the right to edit your post in any way we please to make fun of you. By spamming us, you agree to any edits we make and to take no legal or other actions against the FPA or its associates for anything we do to or with your spam.