Forex Earth Robot Review: Is this robot a Scam?

Forex Earth Robot Review: Is this robot a Scam?

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Today we are reviewing the Forex earth robot which trades 4 different kinds of pairs namely eur/gbp, gbp/usd and eur/usd. The developer is selling separate licenses for the versions that trade a single pair. However, if you want to purchase the version of Forex earth robot that trades all pairs, you must pay more. The developer claims that if we are tired of losing profits for several months in one trade, we should buy their product because it will not lose money in this manner. This robot comes with a 60 day money back guarantee. But first, we would like the trading community to know the following:

We have to say that we are really quite surprised that the Earth Robot continues to be marketed since 2015. There are some reports on the internet that this software was a copy of “Last X Bar EA” by funyoo, which can be found online for free. We don’t know how true this is but it may still be the case, but nobody is discussing it anymore. Hopefully the developers have made some changes to this trading system, but the latest posts about this issue were in 2014, and at that point version 2 was still an exact copy.

If you want to use Earth Robot, you are probably best doing a quick search for Last X Bar EA and picking up a free download. We haven’t been able to find one, but I’ll see if I can come across it if anyone is interested. The one advantage of buying directly from the vendor, is that you will likely have different settings packages that they’ve tested over the past couple of years. That being said, it’s hard to support a vendor that ripped off an EA and is selling it.

However, if you want to be sure that you are purchasing the best Forex trading robots from reliable vendors, this page has the right trading tools for your needs. Pick any of those tools and you will soon see your life changing because the trading resources on that page have been tested several times and found to be very consistent.

Forex Earth robot review

Forex earth robot was created by some developers who are only introducing themselves as Andrew & Vadim. The location of the Forex Developers, DM group is unknown, and this does seem to be their only trading product. To get in touch with support you can contact [email protected]

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There are a handful of features the developers want us to be aware of. They tell us that they have a very high win percentage with a low drawdown and that their real-time tests prove that the system can work in the long term. The EA works on any empty for broker regulated by NFA and comes with an advanced money management system built in.

The developers would like us to know that their robot is profitable, not sensitive and does not rely on back tests. So if we are tired of robots that have these characters, we should probably buy a copy which comes with 60 day money back guarantee.

Forex Earth robot licenses

Forex Earth Robot all pair v-4 (eur/gbp, gbp/usd, eur/usd) – 199$. This is 1 license – 5 real and unlimited demo accounts.

Forex Earth Robot v-4 eur/gbp – 149 $. 1 license – 1 real and 1 demo accounts (24/7 Support and Free Updates).

Forex Earth Robot v-4 gbp/usd – 149 $. 1 license – 1 real and 1 demo accounts (24/7 Support and Free Updates).

Forex Earth Robot v-4 eur/usd – 149 $. 1 license – 1 real and 1 demo accounts (24/7 Support and Free Updates).

Forex Earth Robot v-4 all pair (eur/gbp, gbp/usd, eur/usd) – 299 $. 1 license – 5 real and unlimited demo accounts.

Trading performance

What continues to drive interest for the Earth Robot, is that they provide many different Myfxbook trading accounts. Each of the account shows pretty impressive risk reward ratio numbers and consistent growth patterns.

Yet, there is something I find quite interesting, and that is the duration of the trading accounts. They have anywhere between 10 to 14 trading accounts available to show the public at one time, but they’ve all been running since January 2017. This product hit the market in 2015, but for some reason every single trading account they provide is only a few months old. That leads me to believe that this is a very dangerous strategy. Grid traders frequently blow up accounts, and that’s what we are dealing with here.

What likely happens, is the account builds up for a while, and then blows up. So the Forex Earth Robot developers can show very impressive results for a short period of time, and then restart with a bunch of new accounts when the margin call occurs.

Conditions for traders purchasing Forex Earth Robot

Your purchase of Forex Earth Robot, a product by FOREX Developers, DM, serves as your express acknowledgement and representation that you have read and understand these Terms & Conditions, and that you agree to be bound by such Terms & Conditions (hereinafter “Agreement”).

You understand and agree to accept this Agreement is, legally, the same as manually signing this Agreement.

As an independent and self-directed investor, you acknowledge that you, alone, shall be responsible for determining the suitability of your investment choices and investment strategies, and you understand that Forex Earth Robot is an automated trading system. Trades are executed automatically and, thus, do not require human intervention.  FOREX Developers, DM shall assume no responsibility for your investment choices and/or decisions. You shall not hold FOREX Developers, DM or any of its employees, affiliates and/or staff liable for investment choices and/or decisions.

Our best advice for you

Always read the terms and conditions first. From the outside, this trading system looks like a real top performer. However, when you take a closer look you can see that the robot is dangerous and was actually stolen and re-purposed years ago. If you are interested in the system, we suggest you move forward with extreme caution. We will be providing a 2 star review today, but you can bet we were leaning to 1 star quite heavily. In the meantime, these trading tools can be recommended to traders looking to make money consistently.

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