This review looks at Aqua Forex Trading, an expert advisor that promises to make traders rich in a few years. The developer wants us to buy a copy so that we can begin making money right away. We must admit that this sales page is the worst that we have seen in recent years since it is poor in terms of giving a description of the product they are selling. In fact, the content has grammar errors all over it and it is even considered fluff because there is no meaningful communication except repeated promises that we can make a lot of money quickly if we buy the expert advisor.
Moreover, the developer expects the community to folk out a whooping $300 for a license which is not very realistic considering that most trading robots go for $200 or even less. Secondly, not very many traders are willing to part with more than $200 just to acquire an expert advisor unless the developer is able to prove that they are making consistent returns with the product. For that reason, it is going to be very difficult for us to recommend it or include it in our list of trusted Forex trading resources. There is just no reason to justify including this expert advisor on our most visited page of Forex trading resources.
It is unknown who the developers of the software are, or where they are located, but a WHOIS domain search does provide us with more information. It turns out, that the website is hosted in Budapest, on the exact same server as bestearobots.com, a robot review site owned by Tibor Nagy. Thus, it’s very easy to draw the conclusion that this robot is owned and promoted by Tibor, through his robot review website. To get in touch with support, traders can email [email protected]
The owners of the system asked the community what they are waiting for, and why they haven’t started getting profits from the Aqua Forex Trading software yet. They promise that traders can start trading in making money within 60 minutes of signing up with their expert advisor. Outside of these statements, there is really no other information about the Expert advisor whatsoever.
Considering this product is owned by a robot review website, we are very surprised that they are unable to provide us with any detail about their Forex trading strategy. You would think that someone with a large amount of knowledge about these systems, would be able to better represent their system to the marketplace.
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Historically speaking, when robot developers spent very little time on their sales pages, it leads me to believe that they’ve spent very little time on their product as well. It’s important for developers to spend adequate time at each juncture to ensure the community and reviewers like myself, that it’s a worthwhile opportunity. In recent product reviews, I’ve noticed there are other systems not providing enough information like Forex Magic Scalper, Big Ben Time EA and Forex Tester 3.
Aqua Forex trading expert advisor trades three pairs only. These include EURCHF, GBPUSD and EURUSD. The time frame is 1 hour. The strategy has not been disclosed and so we are wondering why the price tag is so high and yet the developer is not disclosing pertinent information concerning the robot. With the price take of nearly $300, we expect a lot more from the Aqua Forex Trading team. They essentially want us to pay nearly $300 for system they aren’t willing to tell us about. We don’t know about you, but when going into a large investment like this, we want as much information as possible. With hundreds of other systems out there willing to provide more information about their strategy trading approach, it’s clear to see that this one is lacking the most imperative aspects.
With such a high price tag, and very little information about the strategy, you’d think that the Aqua Forex Trading results would make up for this by blowing us out of the water. Yet, they do not, in fact they do very little for us at all. Despite the product being on the market for a few months, the trading results are only showing us a 1 day history. This information leads us to believe that the other accounts running the software have either gone into major draw downs or totally imploded, to the point where they’ve had to start over with the fresh account.
There really isn’t much to say about the new account, considering it’s such a small sample size, but in the one day running, the software is showing a gain of just over 1%. I’ll still provide the FX Blue account here so we can monitor it. Now that we have an FX blue account where the performance of this robot is being documented as it trades, we can watch it over time to see what the performance will be in the long run. But we also noticed that the developers had another fx blue account which probably crashed. This means we should exercise caution before we buy this robot for $300. Otherwise, we might just suffer a loss of $300 in addition to our trading balance because already the developer has a reputation of making robots that burn accounts.
The answer is a big no because the developer does a poor job in presenting their trading results. We expected them to provide verified trading results in addition to the kind of strategy they used in order to come up with these results which they have not done up to now. We are also thinking this is not a very professional Forex trading website since the poor sentence structure tells us a lot concerning the product they are selling. We have no confidence in this product at all.
If you want to trade like a professional, you should invest in professional grade Forex trading systems here.
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