Menu

Forex Combo System Review: Is this EA a Scam?

Forex Combo System Review: Is this EA a Scam?

Share This!

Welcome to the Forex Combo System review. The website of this trading system reveals that the software has been updated to version 6.0, and it’s optimized and improved for the latest market conditions. We are not sure whether the latest market conditions (as used in this promotional statement) means that when the conditions change, the Forex Combo system will stop working. The Forex Combo system supports 4 currency pairs and is fully backed by myfxbook.com. The vendor’s website can be found at forex-combo.com.

We am interested in reviewing the system to inform you what it is and whether the statements of the developer can be trusted. We also see that this is one of the products owned by FX Automater. They own a lot of Forex trading robots. In fact, even Forex Gold Investor belongs to them among other EAs.

The website where Forex Combo system is hosted at looks a little bit different from those which they use to host their other EAs.

We don’t know the whereabouts of this EA developer either. All we know is that they’ve been responsible for channeling a a couple of automated Forex systems in the market. With every new product, they promise massive profits. Unfortunately, their past products have not performed very well and I am fearing that this might be the case with Forex Combo System.

If you are tired of being disappointed with Forex robots that don’t live up to their promises, our advice is that you should use these trading resources. They’ll put an end to your hustles. Even if you’re a newbie in the game, these automated trading resources will be of great help.

Forex Combo System review

The FX automater team wants the trading community to believe that successful Forex traders focus on trading strategies that have been proven to deliver results as opposed to chasing silver bullets that rarely work.

👉 Want to make money automatically with Bitcoin and Cryptocurrencies without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! ETBOT is for you! With the ETBOT software, only YOU are in control of your investment funds. The software works using API Key connections that only YOU set up and control. The ETBOT service and mother company EndoTech has been making investors hundreds of percent a year in proven gains since 2012! They use the volatility of the Crypto market to trade long and short using breakout techniques and strategies powered by real Artificial Intelligence. This year so far ETBOT has made over 75% for clients since January 1st, 2020. If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to ETBOT now and buy your subscription to get started. PS: ETBOT is a Profitable Forex/Crypto Trading Bot. 100% Verified and Recommended by Valforex.com.

worldmarkets

They also want the community to believe that the algorithm of the Forex Combo strategy was designed with a number of in-built trading strategies for purposes of diversification which ensures efficiency in every market situation.

The Forex Combo system evaluates the market using its algorithm to uncover hidden trading opportunities and traders can also benefit from any market conditions if they use this particular system.

The trading strategy

It uses 4 different trading strategies, hence the name Forex Combo 4-in-1 system. The strategies in question include scalping, trend detection, countering trends and range detection.

The scalping strategy scans the market focusing on high success probability trades with low risk.

It also appears to work well in a small spread environment and the developer assures us that this will add to the overall performance of the Forex Combo 4-in-1 system.

Trend detection is all about using data that tells us whether a trend will be sustained in place or not. FX automater believes that successful traders make a bulk of their money from such trends.

They also claim that the Forex Combo system uses thousands of lightning fast calculations to predict market correction at the right instance.

They want the community to know that this way, we can catch market reversals which usually create large spread opportunities.

Lastly, they claim that the Forex Combo 4-in-1 system uses its algorithm to detect a non-trending market so it can adjust its strategy accordingly.

Well, this is quite informative as far as the trading strategy of this trading system is concerned. But can we actually convert this paper profit to real money?

I see that the team is throwing figures around claiming that this is the most profitable of Forex robots.

For instance, they claim that in 11 years, a trader who uses Forex Combo system will have earned over $ 275 372. Maybe it’s time to analyze Forex combo system myfxbook results to find answers.

Pricing

For the price of $147, you’ll get 5 licenses for 5 live accounts. This is the same price that quality Forex robots are retailing for. Take a look on this page.

Forex Combo system myfxbook performance

The developer provides 2 myfxbook accounts and in both instances, we were able to clearly see that these were in demo accounts as opposed to real money accounts.

We prefer developers who put their money where their mouth is because it shows they are confident about their products.

But let’s review the two myfxbook accounts and see whether this can be something of interest.

One of their myfxbook accounts is labeled Forex Combo System EURCAD and I can see that returns are +15 only.

This myfxbook account has tracked results since August 2018. It produces 1.19% returns per month and based on these statistics, we can figure out that for this particular Forex pair (trading with a balance of $1,000), we would have earned $150 in 12 months. Of course when you deduct broker fees and so on, you end up with much less.

Now, if this is what we can earn in 1 year, then it simply means that for you to earn more in a short time, you must be able to invest a lot of money like $50,000 and above. Otherwise, a deposit of $1,000 will only make you peanuts.

You might want to deposit that $1,000 with this Crypto trading service because you stand a better chance of earning 25% per month. This is a lot of money in 12 months.

Furthermore, this particular Forex Combo system Myfxbook account uses custom dates, meaning that the developer is trying to hide a period of losses. Take note of that.

Our best advice for you

Many traders on FPA forum have stated that this EA is not at par with the performance shown on their sales page. In fact, it scores a 2 star meaning that the performance is not really what you can expect.

Apart from the discouraging reviews and the fact that my analysis shows that the Forex robot is not performing as expected, I will not add it into our list of the best automated trading resourceto use this year. If you have had an experience with the Forex Combo system, please leave your review here as well.

If You'd Like to Get Notified When This Site is Updated, Subscribe Below...

Etbot

Leave a Reply

Your email address will not be published. Required fields are marked *

IQ Mining




Binary Option Scams, Warnings, Reviews & Updates...

Binbotpro

Popular Articles

Follow Us

Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More

Show Buttons
Hide Buttons