Comments on: Top 10 Forex Robot World Cup (FRWC) Ranked Robots

By: Evelyne

Evelyne — Mon, 05 Sep 2011 23:34:17 +0000

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By: Evelyne

Evelyne — Tue, 23 Aug 2011 11:01:28 +0000

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By: SHAHEEN

SHAHEEN — Sat, 16 Apr 2011 21:22:34 +0000

provide me good EA with investor password

By: Tan chee seng

Tan chee seng — Sun, 13 Feb 2011 13:12:00 +0000

Dear sir;
I am interested in using your trading software.
However, can you offer me a trial period of two week or so?

By: Sem

Sem — Sat, 29 Jan 2011 09:22:51 +0000

I was a member of FRWC, but in these days I have formatted my Notebook and I need to reinstall all robots, but the website is off, do you know were I can download Fusion, Hirider ecc…?
Do you have some news about the second FRWC?
Thanks for your help
Best regards

By: admin

admin — Sat, 10 Jul 2010 04:48:21 +0000

Hi Saj, I have also read these reviews on the ForexPeaceArmy. There were a few issues with the refunds. Infact, in the first few days of opening of Forex Royal Trader Service, so many licences were sold that FRWC team felt overwhelmed. The membership to the Forex Royal Trader was closed precisely because of this reason to ensure better customer support. Customer Satisfaction is and should be the number one pirority of any service.

Regarding the performance of a forex robot, in the hands of an experienced forex trader, a robot can perform very well but the same robot may fall flat in the hands of an inexperienced trader. What you need to do is learn forex trading basics like what are the best times to trade the different currency pairs, what is scalping, what is trend trading, what are fibonacci retracements, how the forex market bahaves when economic news is released and stuff like that. Risk and money management is very important for a robot. Most scalping robots don’t use any stop order. This is dangerous. Knowledge of forex trading will help you a lot with your robot trading. But always first test the robot on your demo account thoroughly.

This was the first time this Forex Robot World Cup was ever held. Whatever, you got a money back guarantee with the FRWC Royal Trader so even if you want to just take a look at their suite of forex robots and test them, you can do that for 30 days. The standards set by the first Forex Robot World Cup were high. The winner forex robot developer got $100,000 cash prize. The Second Forex Robot World Cup will be much much bigger and better organized. It will start soon in a few months. So stay tuned!

Best
Hassam

By: saj

saj — Fri, 09 Jul 2010 14:53:40 +0000

Hi,

There has been some bad reviews in forexpeacearmy about forex world cup robots being rubbish and people asking for refunds. They havent been performing well and many accounts were completely wiped off.

Any comments on this?

regards
saj