Forex Cyborg Review

We are back on this blog with a detailed and honest Forex Cyborg Review. As always, we will break the complicated forex trading terms for you and will provide you with a detailed insight on every feature and function of this forex trading software, aka Forex Cyborg.
Keep reading this review to the end, and don’t forget to let us know what you think about it. Let’s discover Forex Cyborg.

What Does Forex Cyborg EA Mean?

Readers who are new to the forex trading world or this blog may find it difficult to digest the term “Forex Cyborg EA.” But don’t worry, we can explain because that is what we do.
Forex Cyborg EA is a professionally designed forex trading bot. While reviewing, we estimated that this bot is aimed at skilled forex traders. However, it is entirely automated, with an impressive winning rate of 77%. It works well with the Metatrader 4 (MT4) platform. A feature that proves to be a game-changer for this forex software is that it can support 18 different currency pairs. Yea, you heard it right. So now you can make nice fat profits with only Forex Cyborg, and you don’t need multiple EAs to trade with multiple currency pairs.

Who Are the Makers Of Forex Cyborg EA?

In this part of the blog, we will be covering the makers of this expert advisor. The brains behind this forex software belong to a company called ForexCyborg. They have a well-established official website and shows updated results, minimising the risk of scams. While we are talking about their website, it is also important to note that they do not share any kind of information about the creators of this EA, which is a drawback. Because we, as a buyer, want to know who puts it all together. The makers claim it to be the best and say, “You have seen the rest, now see the best,” and also calls it the “most innovative multi-currency forex trading robot in the market.” Pretty confident. Right?

forex cyborg

Trading Strategy Of Forex Cyborg EA

In forex robots reviews, the heading which personally excites me is its trading strategy. Hence in this Forex Cyborg Review, it’s time to unleash the strategy of Forex Cyborg. Again the website didn’t tell us much about the strategy of Forex Cyborg. But we have compiled all the vital information about the trading strategy to share with you. So keep reading to the end.
This expert advisor uses neural networks to trade with multiple currencies. The currencies Forex Cyborg can deal with are AUDCAD, AUDCHF, AUDUSD, CADCHF, CHFJPY, EURAUD,

EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPUSD, USDCAD, USDCHF, USDJPY, AUDNZD, and EURNZD. It has a 15 minutes time frame.
It has a stop-loss mechanism to protect you from losing money when trades are unfavorable. The customisation of this robot allows you to customise your settings, risk percentage, lot size, and others to get the desired outcome. It trades between 17:00 to 23:30 GMT depending on the currency pair you are dealing with. They are using several premium indicators such as the scalping indicator MT4.

It also avoids risky trade techniques like grid, martingale, and arbitrage. Another aspect, after which traders like you can take a sigh of relief, is that their official website has verified trading results from third-party websites. Thankfully Forex Cyborg also lets you withdraw your original investment after profits, and you can trade with only profits as well. We believe that all this good news makes it worth trying. What do you think?

Pros And Cons Of Forex Cyborg

Now in Forex Cyborg Review, it is the time to examine the pros and cons of Forex Cyborg EA.

Pros:

● 100% automated
● It is easy to set up within a couple of minutes.
● It operates on the free to download MT4 platform.
● It has ten years of backtesting history using real tick data.
● Towering profits.
● Forex Cyborg lets you customise as per your trading plan and preference.
● It can trade with multiple currency pairs.
● Thirty days money-back guarantee.
● It can diversify according to various market conditions for the short, medium, and long
term.
● Lifetime updates.
● They have dedicated support 24/7.
● It has a currency correlation risk manager to manage your money as per the
circumstances of the markets.
● No conditions such as minimum account size or leverage while trading with this bot.
● 15 minutes time chart.

Cons:

Neither forex robots are exempted from a few cons, nor is Forex Cyborg EA. Let’s detect some black marks of this forex trading software.
● Slightly expensive as compared to other forex robots.
● No real customer feedback on the official website, making things a little suspicious. However, a few feedbacks are visible, but they all are positive, which can be a hint of a scam.
● Veterans forex traders are the primary target of this bot, which means beginners can have a hard time with this EA.

Forex Cyborg’s Pricing and Packages

As we mentioned earlier that their prices are high and the officials of this EA also acknowledges it; however, they try to cover this flaw by saying, “Forex Cyborg is not cheap for a reason- we believe that the work put into developing and testing Forex Cyborg makes it one of the best forex robots commercially available.” On Forex Cyborg’s official site, we came across two packages from which you can choose the one. Below are both along with their prices and features.

Gold Package:

The gold package is for 499.99 EUR. The features are:

  • 18 currency pairs
  • Unlimited demo licenses
  • One real license
  • Lifetime support
  • Software updates for a lifetime

Premium Package:

This one is for €599.99. It has the following features.

  • 18 currency pairs
  • Unlimited demo licenses
  • Three real licenses
  • Lifetime dedicated support
  • Software updates for a lifetime

Summary Of Forex Cyborg Review

We will wrap up this Forex Cyborg Review with a statement that this EA can make massive profits for you if you know how to deal with it. So will you give it a try? If yes, don’t forget to update us with your valuable feedback in our comment sections.

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