Good Robot is a relatively new EA that claims to be the best solution for MT4 platforms. Is GoodRobot a Legit or Scam EA? This software was created to assist traders navigate the often confusing road that is known as trading. We review this software provider to know if buying any of their software is worth it. Read through our review to see what experts have to say about the Forex trading software.
Table of Contents
What Are Forex EAs, Signals or Indicators?
An expert advisor (EA) is software that directs and guides you on what trades to make or pass on, it even automatically initiates and carries out trades according to a set of already programmed instructions. Expert advisors are most often deployed on the MT4 or MT5 forex trading platforms.
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We cannot overstate the advantages and usefulness of Expert advisor. Among the many advantages is the slight learning curve involved in using the Expert Advisor. That is to say, you need little learning to use an EA as the trades are being carried out by a set of instructions already made by an expert. Another advantage is that it can consider a lot of variables that humans may not have the time or potential to handle.
It is normal and not out of character for a Forex EA vendor or signal providers to lay claims to their product being a sure-fire way for you to get richer (it’s mostly just marketing.). This is because anyone who is looking for a signal provider is searching for a hassle-free way to make some profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
Good Robot Review
Goodrobot.org is a pain to look at. It has a weird partitioning, with questionable decisions made for the fonts and colors. Some of the mismatching colors are so bad, it is hard to read sometimes.
How Good Robot Works
There is no strategy given, and as such there is really nothing to say about it, the trading results it provides looks promising.
Good Robot EA Price
Customer Support
An email is provided for any concern or enquiry that needs to be addressed to the team.
Client Feedback
Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA. We mostly consider feedbacks on a third-party site as we have found that reviews on the official page might be manipulated, concocted or paid for.
We couldn’t find any reviews by paying customers
Conclusion
Good Robot doesn’t give an in-depth explanation of their strategy.
The design of the website isn’t up to standard and we couldn’t find paying customer reviews to gauge the rate of satisfaction in the product. This EA is relatively new and as such, we are unsure of the experience of the team behind it. So we can’t recommend it to anyone, at least, not yet.
EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below
Accounts
Free Trial
Projects
SSL
2
Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
1
Strategy: Stop and Reverse
Time Frame: All time frames
Currency Pairs: EUR/USD, EUR/GBP and USD/CHF
License fee: $149
60 Day Money-back Guarantee
3
Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee