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 most 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 they tend to have lower spreads, less slippage and lower commissions which can help save on trading costs and give the best possible entry / exit prices.
Volvox Trader Trading Strategy
Volvox Trader aims to adjust to the ever-changing market conditions and to generate stable long-term profits. The developer of the Volvox Trader robot has shared a real liver verified by FX Blue trading account that is showing a monthly return of around 30% for almost 1 year at the time of me writing this review. The win rate is just north of 50% with a profit factor around 1.85 (any profit factor greater than 1 is a profitable system). I would recommend that you check the latest Volvox Trader results after you have read this review to see if the performance has continued. Volvox Trader is fully automated so you just setup, choose a suitable lot size and let it 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 although there is a real verified by FX Blue account for us to refer to.
Volvox Trader Live Results
Volvox Trader Summary
Overall, the Volvox Trader results are impressive, almost too impressive that I wonder if it is too good to be true. I mean an average of 9 trades per day, a win rate north of 50%, decent profit factor, very low draw down and 30% average per month for around a year does seem good. I would personally start on a demo account to test the waters with Volvox Trader and keep in mind that demo account price feeds can give better conditions than live account price feeds. The average win is around 16 pips at this time, so you would want to use a good ECN forex broker with low spreads / commissions. Volvox Trader comes with instructions, full support and a money back guarantee.