Fx speed trader review

FxSpeedTrader Review

Written by Tim T.

 
Summary:

Timeframe:  M5
Currencies: 
GBPUSD, USDCHF, EURGBP, EURCHF
Price:   $99 for GBPUSD version, $77 each for other 3 versions
Discounts: -

 
 

FxSpeedTrader Review

In the focus new trading robot FxSpeedTrader. Belongs to the family of night scalpers, who have become very popular in recent years. I think the reason for the popularity of scalping systems is that they are able to bring quick profits. Also very convenient for beginners to trade small transactions but very often.

If we watched the positional trading robot  sometimes there is strong desire to close the deal immediately if it's unprofitable. But such behavior is strongly against the rules to automated trading. Therefore, the "Night scalpers" as
FxSpeedTrader very popular.

What about the proof?

Robot developers now offer to our attention MT4i account monitoring. History  465 days, Monthly return62%, start capital 500 demo dollars, net income more than 1 million dollars. Very good results.

Installing and settings.

You should use special automatically configured installer. As we told FxSpeedTrader new night scalper, it  trades four currency pairs, 3 hours a day. On average, 4-5 deals on every pair and 20-25 transactions per day. It also have the built-in money management system.

Here is the window of the Metatrader 4 where
FxSpeedTrader is running.

 

We test the full version for four currency pairs with a broker Alpari UK.

In general, currently It is quality product, easy to install and use.

After the First month.

Fxspeedtrader trades quite confidently, this is due to fact that the robot controls the size of the spread, this option allows you to avoid trading when the market is very volatile and unpredictable. The result of his work for the first month is not amazing but does not disappoint. Overall assessment of the trading strategy is good.

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