In this post I will be reviewing Mega Project FX forex robot. WOW, I must start this review by saying that the trading results on the Mega Project FX website are insane, the gains are huge! Current MyFxBook verified results are showing a +2420% gain. It is a shame the results have not been updated for a while and it seems they are no longer published – they were good during the time they were though, no doubt about that. Now let’s look further into this forex robot and see how it is able to produce such outrageous statistics. The Mega Project FX forex robot website also has multiple videos showing it in action, various trading statements and links to MyFxBook to check its performance – hopefully updated when you get around to reading this review.
Mega Project FX Trading Strategy
Looking further into it, there is no martingale money management system which means you do not need to use very large lot sizes or unnecessary risk to achieve the results. It seems to be a scalping type strategy so would probably work best on an ECN broker. Also there is a news filter so overall it has a good combination of technical analysis, fundamental analysis and sound trade management.
Mega Project FX Back Testing
The Mega Project FX forex robot website has back test results up to years which turned small $500 deposits on currency pairs such as EURUSD, GBPUSD, USDCHF, USDJPY and AUDUSD into around $20,000,000 – $30,000,000. OK, those figures are not exact but my eyes were hurting counting all those figures. All you need to know is that it made A LOT of profit in back testing and so far is making A LOT of profit in live trading. Actually at a closer glance, back testing profits combined totalled a crazy 502M%! Yes, you read that correctly – a 502,000,000% gain from a modest account deposit. It is not that unusual for such results to appear in back tests as the developers do not always factor in tick data, real variable spreads and slippage but at least this particular forex robot is backing up the claims with its equally impressive live verified results. Below you can see some accurate 99% modelling quality back tests on multiple currency pairs – look how they made insane amount of gains on account with just a $500 deposit.
Mega Project FX Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Mega Project FX Summary
As expected simple instruction guide is included so you can be setup and running in just 5 minutes whilst there is a money back guarantee if you are unhappy. Judging by its live performance so far and 14 year back tests I don’t see how anyone would be! You also get a detailed instruction manual, support and free updates. Visit the Mega Project FX website to see the results and for more information.