Is Forex Growth Bot a Scam?

So is it a scam or it works? Forex Growth Bot is the single automated trading software that actually delivers real results. It shows consistent profitability on the LIVE account.

99% percent of forex robots and expert advisors don’t work. Internet marketers who make them show stupid backtesting results from the Metatrader Strategy Tester. But in real conditions those robots don’t work. They lose all the money in the end.

Is Forex Growth Bot good? Let me give you a clear answer in this detailed review with test results on a LIVE trading account (*November 2010 – May 2011).

According to LIVE trading results Forex Growth Bot developed by the Russian mathematician and programmer Eugene Lipinsky this bot shows consistent day-to-day profits.

Can you believe in the credibility of Forex Growth Bot creator?
There’s no way to find out if the claims above are real and that the Forex Growth bot is not another scam sold to us by rogue internet marketers. The only thing that’s going to prove this bot works is check LIVE trading results. And we have them!

LIVE account results

Most vendors sell their forex robots backing up their claims about robots profitability with back test results or on demo accounts. In the case of this Forex Growth Bot you can see the real live trading results. The trading results are verified using the third-party monitoring service Myfxbook.com – Forex Growth Bot System.

Performance analysis
As we can see from the charts of the live account is up +964.76% since putting the robot on it in November 2010. So Forex growth bot was able to increase the deposit of $250 into $2661.89! This an awesome result for a robot that allowed to grow our money in such a period of time by nearly x10 times.

Risk / Drawdown Analysis
As you can see from the charts above the Average Win is 68.84 pipsand the Average Loss is -25.89 pips. This makes this robot a true holy grail of automated forex trading. Let me explain my point now. All forex robots we have tested have the same pattern everywhere many small gains with one big loss wiping out all profits and making even a loss to your trading account.

Forex Growth Bot according to live account statistics has 50% win/loss ratio and a profit margin of 2.7 makes you feel safe because the drawdowns are really small.

The best trade is 529 pips and the worst trade is -58.6 pips. This shows that the expert adviser (EA) works really well in low drawdown. Unlike many other scam robots, Forex Growth Bot is the single one delivering low drawdown in combination with consistent profits making trading possible in the long run