We are looking at Forex Fury, a Forex robot that has enjoyed some limelight for some time now. On the sales page, the developer promises 100% verified trading results, 93% win rate and that the robot comes with all the settings file that a trader can ever need to optimize their strategy. On top of that, Forex Fury is also allegedly safe to use because it has low draw down and was rated one of the best Forex robots in 2017.
This developer is not new to the Forex market place as they have been around for some time, and even garnered many reviews on trading and investment forums like the FPA. Although the reviews that we have about the Forex Fury are coming from people with mixed opinions regarding the robot, we think this robot generally has some positives and negatives which will tackle here. But generally, the Forex Fury appears to be a serious expert advisor, and judging by the trading results on one of the myfxbook accounts presented to us by this developer, we strongly believe that there is something worth talking about here. To sign up, click here.
The Forex Fury software was developed by a corporation or a team of developers known as Avada. Avada believes that they can make traders successful at whatever cost, that the success of traders is the reason why they wake up every morning. This comes across as a sales pitch, but at the same time the developer takes the initiative to back some of his claims using a verified myfxbook account.
Avada states that they have 40 years of combined experience, and that due to their many years of software development and trading experience, they have finally cracked it and are offering a winning automated system for trading. One thing we have to appreciate is that this developer is not shy to introduce the name of their team. They are also responsible for creating another popular expert advisor called Forex Steam EA.
Having said that, we will move forward to looking at the features of this robot and whether or not it is a good investment. You see, a copy of this robot goes for $229. This is quite a significant investment for traders who have not made it yet. So if you are reading this post, ensure that you have understood every angle that we will be tackling the review from.
They have a website that suggests that the Forex Fury EA can handle all challenges that the Forex market will ever throw at you. We have also noticed that this developer has been receiving many feedback since they started selling their Forex robots in the trading market place. This is quite a good sign because it shows that the developer is really working and selling their products. If the community is quiet, it simply means the product is not that popular. But if people talk, whether positive or negative, it means the developer has a powerful product which is sparking controversy. Some say the Forex Fury is a good product since it makes profits consistently. Others think it is a terrible robot and that the maker is simply manipulating myfxbook results to suite their marketing purposes.
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Of course if we look at the two sides objectively, we will see that perhaps the fault was on these buyers who probably did not use the right setting to optimize the software in accordance with the Forex pair being traded.
This robot is compatible with all brokers who run the popular MT4 platform. This platform is loved because of its user friendly interface and the fact that it is compatible with many different kinds of trading indicators. The Forex Fury places up to 10 trades per day, which simply means it is a scalper. If that is the case, then we could be seeing lots of small profits here and there throughout the day.
The pairs that the robot is optimized for are USDJPY, USDCHF, GBPUSD, USDCAD and XAUUSD. In addition to what the developer has presented on the homepage, they also claim that the robot can be optimized with high performance settings. It is not clear what performance settings they are talking about because this statement has not been elaborated further.
There are two licenses which have been labeled Gold and Diamond respectively. The license for Gold is $229 while that of Diamond is $439. The only difference between the two licenses is that one allows using the Forex Fury robot on one live account while another allows 2 live accounts.
Another good thing is that the developer has programmed the robot such that it can be used on unlimited number of demo accounts regardless of the license you have purchased. Again, this is a good gesture. It means the developer simply did not want to restrict us. Otherwise, it would have been a disadvantage when it comes to testing the robot with different pairs on different broker accounts.
The developer of Forex Fury has taken the initiative to show us the performance of this robot for the various pairs. They are showing us the performance of the robot for pairs like XAUUSD, USDCAD, USDJPY, USDCHF and GBPUSD.
Of all the myfxbook accounts presented here, we really loved the impressive results for GBPUSD. At the time of writing this review, the account had achieved an overall gain of +13.47%. This account was created in October 2017 and has been running up to this day. Because this is a verified myfxbook account which has been running for more than 6 months with low draw down and some returns to the investment, we can say the Forex Fury is well optimized for this specific pair.
The Forex Fury EA is not a bad investment all in all. You could try the basic license first to see how it goes. It’s a one time investment that you will never regret about since it can change your trading in a positive manner. We 100% vouch for this software.
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