Forex Megadroid Launch Review

Posted by | Posted in Automated Forex Trading Systems, Forex Megadroid | Posted on 31-03-2009

January 2010 Update: Read my full Forex Megadroid Review here.

Forex Megadroid has just been released and judging by the slow response times of their website, I can imagine that they are making hundreds of sales as I type this. I spent some time reading through the information on their Homepage and found the following things that impressed me:

Forex Megadroid

Forex Megadroid

Forex Megadroid works under all market conditions. Most Forex trading robots work well under certain market conditions, but fail completely when the market changes. I’ve seen many robots that work well when the market is ranging, but then makes massive losses when the market starts trending and visa versa. Even the famous Fap Turbo requires a flat, ranging market to perform well. One of the main points that the creators of Forex Megadroid are pushing is that it works under ANY market condition.

One of the BIG problems with Forex robots and the Metatrader platform in general is the shady tactics deployed by brokers. It is common knowledge that many Metatrader brokers trade against their clients and together with things like high spreads, offquote errors and slippage it has become almost impossbile for a trading robot to consistently make a profit. Forex Megadroid is the first robot ever to be released with a broker protection or anti-broker mechanism.

They have a pledge on the Forex Megadroid Homepage that reads: “No Forex Broker In The World Will Ever Know You Are Trading With Forex MegaDroid, No Forex Broker Will Ever Be Able To Stop Forex MegaDroid™ From At Least Quadrupling Every Dollar You Deposit …“. I have no idea how this works yet, but it certainly sounds like a great feature.

Can Forex Megadroid really quadruple every dollar you deposit? Is the so called RCPTA technology the massive break through in artificial intelligence that they promise? We will have to wait and see. This product certainly seems to be something different and at the special launch price of $97 I am definitely getting myself a copy. I will start testing Forex Megadroid today and hope to post a detailed review within the next week.

Click Here to Visit the Forex Megadroid Homepage

January 2010 Update: Read my full Forex Megadroid Scam review here.

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Comments

  1. Hi Chris,

    Do you know wich brokers one can use with Forex Megadroid. I am using Forex Meta with Fap Turbo and wonder if I can use them with Megadroid?

    Cheers

    Riaan

  2. Riaan – Yes Forex Megadroid will definitely work with ForexMeta (according to the manual). I’ve activated the program in a demo account, but havent seen a trade yet. Let me know if anyone has some feedback.

  3. hi,
    i’m interesting to try on fx megadroid..
    could someone share the real result ?
    is it a scalper method ?

  4. I also activated it yesterday and it has’nt traded yet..Have triple checked all settings but its just sitting there waiting

  5. so… is it working, or a scam?!

  6. hi chris,

    sort of a technical question, but will this robot work on a mac? or is it a windows only type of system. and will it work with metatrader4 on ibfx?

    thank you

    Eduardo

  7. Forex Megadroid has been active in my account for more than a day and it hasnt made a trade yet, so I can’t comment about the results yet, but it doesn’t appear to be a scalper. There was a mail from the Forex Megadroid team today explaining that it doesn’t trade as frequently as Fap Turbo, so we’ll have to wait and see how it goes over the next week or two.

    Is it a scam?I don’t see any scam alerts at the moment, but I guess it can still turn out to be one. The product comes with a detailed 78 pages manual and the customer support seem to be very good, so at the moment everything seems legitimate.

    Forex Megadroid will definitely work on IBFX, it works with any Metatrader broker according to the manual.

    Eduardo, to answer your Mac question – unfrotunately there doesn’t seem to be a Mac version of Metatrader yet, so you will have to either use something like parallels or go for the VPS option.

  8. ok im not alone i also havent seen a trade in over a day…doesnt appear to be too aggressive. i doubt it will trade during NFP. We’ll see what happens next week.

  9. I have Megadroid. It placed 1 trade so far on April 2nd for a win of 15 pips.

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