In this post I will be reviewing the Volvox Trader Robot that is a fully automated forex expert advisor (EA) that has been developed to run in the popular and widely used MetaTrader 4 (MT4) trading platform. MT4 is freely available to download from some of the best forex brokers worldwide. You can download MT4 to run a forex robot such as Volvox Trader on a demo practice account and on a real account when you feel ready.
I always prefer to use an ECN forex broker for the best possible trading conditions as I find that they tend to have lower spreads, less slippage and lower commissions which can help save on trading costs and give the best bid/ask prices.
Volvox Trader Trading Strategy
Volvox Trader aims to adjust to the ever-changing market conditions. Volvox Trader is fully automated so you just setup, choose a suitable lot size and it can trade for you. Volvox Trader runs on the EURUSD & GBPUSD currency pairs which tend to have low spreads the majority of the time as they are considered major currency pairs with good liquidity.
Volvox Trader Back Testing
There are no back tests on the Volvox Trader official website which is disappointing.
Volvox Trader Live Results
Volvox Trader Summary
Overall, this forex robot can analyse currency pairs and place trades for you but it does have some limitations. I have conducted many forex robot reviews and there are other alternative automated trading options that I would consider over this EA. It does come with instructions, support and a money back guarantee. It should be noted that there are no guarantees on how any system will perform and historical results are by no means an indication of future performance.