In this post I will be reviewing the excellent Forex Steam. Forex Steam is a fully automated forex robot that runs on the free MetaTrader 4 trading platform. It has been running on real live verified trading accounts for more than 5 years with an extremely impressive performance – making over $18,000,000 from a $3,000 deposit at the time of writing this review, making this one of the best forex robots commercially available – with the evidence to back it up. Every year it has had a winning rate more than 90% with a high frequency of trades. In fact, each year the winning percentage has increased as the developers keep making it even better. Keep in mind, that as the account grows, the lots are being increased. This gives the huge profits but even with fixed lots it would still be one of the top performers.The Forex Steam developers have over 25 years of forex experiences and it shows with the long term gains and low risk used by this forex robot. Whilst many developers have tried with different automated trading systems with only short term success, Forex Steam has outlasted the majority and is frequently updating this forex robot to improve and adapt it to the ever changing market conditions.
Forex Steam Trading Strategy
Forex Steam uses advanced news filters to monitor the news and to avoid trading during low, medium and high impact news. It has a holiday filter so it avoids trading around public holidays such as Christmas. There is a cool pip retrace feature to avoid any large losses as well as a trailing stop and break even money management function.
Forex Steam Back Testing
There are no back tests published on the website but in all honesty when you see the live results, the back tests are not necessary.
Forex Steam Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Forex Steam Summary
Forex Steam is an instant download with a quick and easy to understand installation guide to get you setup and running in just minutes. It includes free updates for life and dedicated support. A generous 4 licenses are also included. Should you wish, Forex Steam is also customisable for the more advanced users but this is not necessary as it is ready to use straight out of the box so suitable for complete beginners. For the small cost of this forex robot and money back guarantee included this is a great buy for anybody who wants to make money from automated forex trading.