Forex Megadroid is an Expert Advisor (EA) software for Forex traders. This software was developed by Albert Perrie and John Grace more than 15 years ago. Some time after its launching, Forex Megadroid became a top-selling trading software. Like other EAs, it is designed to predict how prices move in a short period depending on which market the user wants to target. In this review, I will list my personal results and profits after using this bot.
About Albert Perrie and John Grace
There is not a lot of information on the Internet about these two developers. However, what I know is that these people have been in the Forex business for over 38 years now. This means that they already have a lot of experience in trading before they came up with Forex Megadroid.
Since the software’s launching in 2001, they provided lots of evidence of trading success using the software. Their software has also gained a lot of attention, most probably because of its effectiveness. According to the claims, Perrie and Grace’s algorithm made a profit of over 4,500% in the years 2009-2011.
Official Website
Purchase the Megadroid Robot only from the Official Website. This will ensure that you are protected by the refund policy.
The complete system costs $67 USD and comes with a full money-back guarantee.
Customer Reviews
Read the latest reviews below. If you tried the robot, enter a review of your own to share your experience. Note: please use proper spelling and grammar to keep the Trader Group website quality high.
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Bot is too picky
I have tried Forex Megadroid using different live accounts. I also used different brokers. I like this robot because it wins most of the time I trade. I don’t think it is for me though because the bot is so picky sometimes and I also experienced inconsistencies between brokers. There are also times when demos return better result than the actual. Good thing they offer 60-days refund.
One of the best robots
I can say that Forex Megadroid is one of the good ones out there. You can definitely make money from this robot. Some people may be reporting negative results, but if you implement the correct broker and settings, you can win the trades. Yes, you can make money, but you have to be really patient as it takes time. I only used this tool for six months. By that time, my money already made profits, and then upgraded to another version.
Not profitable
I have returned this product because I think it’s not very profitable (just 1 pip which is very low). I am using it on both live and demo but I am not impressed by the results. Good thing I bought the product from Clickbank because the seller was quick to refund. I heard that Plimus sellers would just shrug when you ask a refund. So in case you are planning to try this robot, go to Clickbank.
20% Gains per month
I think Megadroid is good for long-term investment. I started using it last year and on average, I get 20% profit per month – very good profit I say. At first I thought that this EA is kinda slow. It only trades once a week. However, when I started using other EA’s I realized that the more the EA trades, the more I am losing. I stopped using the other EA’s and just put all my investment to Megadroid. This turbo is so accurate it’s worth my money.
Less losses and better results
I love this EA because it offers less risky trading. When using Megadroid, it is recommended to set the risk level to 0.2, that way you would have lesser losses. For me, though, I would sometimes go up to 0.25, and other times as high as 0.30. My settings are risky but this is the way I get more profit.
I also set Aggressive to true. Some would prefer otherwise but that setting gives me a second strategy.
Forex Megadroid rated 3.9/5 based on 22 reviews.
Forex Megadroid Specifications
Perrie and Grace designed the software algorithm to randomize its system to make sure that brokers would not be able to determine that an EA is used while a user is trading. This feature is unique about this product as some EA’s do not have the capability to hide their algorithm in the network, thus letting the brokers trace their activity.
Forex Megadroid can also predict the price as soon as 2-4 hours before it changes, making it have a 95.82% accuracy.
This software costs $67 (one-time payment). The company accepts PayPal and all major credit cards for payments. The company also has a 60-days guarantee (with the link above) which means you can get a refund if you think that the product is not suitable for you.
Forex Megadroid Design
If you try searching online, you will be overwhelmed by the vast number of EA’s out there. Profound research helped me decide to actually pay for Forex Megadroid.
Because there is a high competition out there, it is hard to distinguish the genuine reviews from the ones that are posted by product affiliates.
One factor that gained my trust for Megadroid is its developers. While other trading robots do not have information about where and how they came about, learning a little about Albert Perrie and John Grace made me realize the credibility of this product, especially since knowing that these businesspeople were already trading for more than three decades now. They have already tried using other EA’s and did what they can to improve what’s already on the market; not merely creating a trading robot for sales. In fact, Perrie and Grace got their idea from the existing robots and improved the areas where other companies failed.
What I noticed in other EAs is that they are programmed to base their prediction from a pattern of the past trading results. This product design is flawed as it expects the current trade to follow the pattern of the previous trades. While there may be a fixed pattern for market prices, that is not always the case. Thus, the risk of losing is higher.
Forex Megadroid’s algorithm is different in that area. While others are looking at the past to predict the future, Megadroid never bases its prediction from what had already happened. Instead, this EA only focuses on what could happen. It may be hard to understand how that can result in more wins, but looking at the huge profits Megadroid brings, we can say that the software is doing a great job at predicting the trades.
My Story
For years, I have been working hard to save money. Coming across Forex trading in the forums, I found out that I can actually make my money work for me. My money sure profits when I keep it in the bank but is that all there is?
I doubted Forex trading at first, but my curiosity won’t stop bugging me. I kept reading about it and told myself that maybe it works. One part of me said that it sure works, but not for everyone. While reading about Forex, I learned that you always have to be updated regarding the trades. I’m not sure if I can invest enough time for that.
Months later, I heard Forex again from a friend, and he said he has a robot that can make all the prediction for me. I was skeptical, but I guess I was ready to risk it. I searched about the different robots out there and found that most websites looked like they’re waiting to scam you. Forex Megadroid was one of them, with all those bold letters across their site, I told myself I wasn’t going to fall for it. But then I saw their video on the front page. It was about Megadroid founders Perrie and Grace. In the video, they showed their dedication to the product and their years of experience in Forex trading. Since it’s my first time to trade, I thought maybe it’s good to start by using a software from a credible company.
My Results with Forex Megadroid
While trading, I realized that conditions like the weather or politics could affect the market. I observed that Forex Megadroid can easily switch from one market to another without any problem. This simple feature allows the software to stay updated about the current trades, making it predict more accurate results, even without basing its predictions on the market conditions. Keep in mind that the trends would not go up or down forever, but Megadroid can adapt to changes quickly.
Settings menu on GoTrader MT4
Although this robot has all the capabilities you need to maximize your profit, you also need to use your abilities to work with the software and get profitable results.
I would recommend reading and understanding the manual before trading live. After that, use your demo account to trade. Forex trading is very risky, and you don’t want to lose your hard-earned money just because you are not well-informed of this software or the current trend.
When I first used Megadroid, I started with $1,000 and worked my way up from there. Because of its high accuracy, you can easily gain up to 300% profit if you play it well.
Pros of Using Forex Megadroid:
- Low-cost
- Stealth Mode – Can hide your T/P and S/L levels. This keeps you safe from brokers.
- Automatic Money Management – You can manually set your position size, thus allowing you to manage your risks.
- Reliable – This product is well-known and has received praises regarding its accuracy.
- Accurate – The software can predict short-time trend changes and has 95.82% accuracy.
- Flexible – Can work in multiple market conditions
- Simple installation
- Money back guarantee
- Easy to use
Cons:
- Some users complain about the speed of this software as it trades only once a week.
- Can succeed only if you are well-informed about the software and current market changes.
More Reviews
Recent user reviews were posted above.
Good for lower risk results
I tested multiple turbos and so far Megadroid is the best. It is very user-friendly and although it needs some getting used to, it surely is worth your money. Forex is very risky, but if you’re willing to go that way, choose Megadroid as it has low risk setting for your trades. Profits are good, and you will be able to get your money back, plus some profits.
There sure are people out there who will never be able to get used to expert advisors, or maybe Forex is not really for them. With Megadroid, sometimes I would get 10-15% profit a month. I usually start with 1K and when the trading is good, I get $200 back. That’s a good profit for 1k. Imagine investing more than that.
Best for high capital
I have been using Megadroid for over a year now. I used it on brokers and set it with fixed spread. For me, that’s the best way to maximize profits with Megadroid. I also realized that it is best to use this with GoMarkets if you want my suggestion about the low spreads. However with this option, you have to use your own VPS. I bought these VPS for a cheap price.
Like any other turbo, of course it is important to choose a good broker. Also, make sure you turn off the stealth and aggressive. If you are willing to invest a high capital, Megadroid is one of the best.
