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FPA Review Moderation Team, USA
| Rating: | No Rating
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| Date of Post: | 2009-03-29
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| Review: | We haven't tried the EA from Forex-MegaDroid.com. If you have let this forex robot trade your account for you, please leave a review below.
2009-03-31 Update: The FPA has begun a Performance Test of this EA on a demo account. Please click the "Forex Mega-Droid Demo" link in the upper left corner to see the results.
2009-07-17 Update: The previous demo test on an NFA registered broker was stopped due to potential problems with new NFA rules. The old test was going well, and the results can be found by clicking the drop down menu on the Performance Test page. |
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Aldo, Vietnam
| Rating: | No Rating
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| Date of Post: | 2010-03-08
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| Review: | I had quite a high expectation what this system could do. However when I purchased it, it made within 4 weeks only small trades, one was at a slight loss the other two with a profit. That was on a demo account on their preferred broker platform. I questioned several times, why this system does not do any trades and they responded that it takes time to calculate. End of the day I decided to withdraw within the guarany period and got my money back. I will not rate it. However it does not meet the expectation, which you might have when you see their introduction site. |
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Tony, Australia
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| Date of Post: | 2010-03-04
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| Review: | This robot has been working well for me over the last nine months producing small profits, but lately it has been making losses and its last trade has wiped out all the profits its made plus some of my account, I don't no why so I have turned it off, there have been no updates for a long time maybe conditions have changed,maybe the developers are making more money being Affiliates by the amount of emails I get from them promoting other Robots and Software???? |
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manneke, middle east
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| Date of Post: | 2010-02-10
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| Review: | the risk is thoretical great, but performance is good and regular.
if you have patience and good money management this is a good trading tool |
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Mike, FL
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| Date of Post: | 2010-02-06
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| Review: | Best robot that has produced consistent results so far on live account for me. |
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Augustine, Malaysia
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| Date of Post: | 2010-01-22
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| Review: | I'm running Megadriod against a simple multiple time-frame EA that I've coded myself for the past 2 months. The results todate are simply flabbergasting!! Megadriod is only 6% up on my account in comparison to 230% up by my EA!!
So much for the hype Megadriod has generated. |
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Vassilis, Greece
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| Date of Post: | 2010-01-13
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| Review: | The robot is working for about 2 months now and is producing profits 3-4 times a week. I installed it on a VPS. This robot works during the Asian session only. It certainly paid for itself. |
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joy, kuala lumpur
| Rating: | No Rating
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| Date of Post: | 2010-01-05
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| Review: | I purchased megadroid mid week of december 09 and till to date still no trade takes place. Can someone share with me if this is common for this robot not trading for sometime? |
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Harvey, USA
| Rating: | No Rating
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| Date of Post: | 2009-12-29
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| Review: | For the first few mths I ran MegaDroid with several other robots and it took maybe 3 trades. On Dec 1, I dumped No Loss Robot (HAS Hedge Robot) and Megadroid immediately took more trades..so far 12 trades in Dec, 11 for winners with 1 loser, .So, if yr getting few trades with this robot, consider eliminating other robots u might be running on same MT4 platform(even other curr. pairs), esp if they are losers! There must be some conflicts with the settings. |
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Roy, Canada
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| Date of Post: | 2009-12-23
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| Review: | Like David, I agree this robot deserves a 5 star rating. I purchased this beaut in May and it has consistently made excellent trades using its system when the market conditions are right. I have run it on both default settings and on a risk setting of 0.3.
Congratulations to the developers and support team who produced an EA which will be an excellent tool to add to your arsenal.
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