Forex Megadroid Review – Is Forex MegaDroid A Scam or a Worthwhile Investment?
What is Forex MegaDroid?
In this review you will find all the important facts about the Forex Megadroid Robot, but if you intended to visit the official website you can do that by clicking here.
Forex MegaDroid is a piece of software you install on your PC that automatically trades in the Forex (foreign exchange) market on your behalf. You can be away from your computer doing the things you love most while Forex MegaDroid diligently makes money for you. Forex MegaDroid never sleeps, eats, gets tired, or takes a break. It is constantly monitoring the market, so whenever a profit opportunity presets itself, it is ready to snap it up. Think about it for a second. With Forex MegaDroid you can make money while you sleep!
Do I have to be an experienced forex trader to use Forex MegaDroid?
The short answer is NO, you do not have to be an experienced trader in order to successfully use Forex MegaDroid. In fact even a total forex newbie can make use of Forex MegaDroid. All you really need are some basic computer skills. Don’t worry though because even if you’re not computer literate the Forex MegaDroid manual will show you step-by-step how to install and configure everything.
It will only take 5-10 minutes of your time to download and install the Forex MegaDroid robot. It’s truly plug & play!
Is Forex MegaDroid easy to use?
I’d say it is ridiculously easy to use. I remember when I first purchased Forex MegaDroid it took me just 5 minutes to get it up and running. All I had to do was download two files and then do some drag and dropping. The Forex MegaDroid manual contains a visual guide that shows you step-by-step how to do this so trust me when I say that installing and using Forex MegaDroid will NOT be a problem for you.
How does Forex MegaDroid work?
Extremely well. Forex MegaDroid was designed to trade the EUR/USD currency pair, which happens to be the most heavily traded currency pair on the Forex market. This popularity means transaction costs on this currency pair are going to be low and that results in more profit for you.
The Forex MegaDroid robot employs a trading method that’s been 8 years in the making.This method is known as RCTPA, which stands for Reverse Correlated Time and Price analysis. This ingenious method is the creation of two traders by the name Albert Perrie and John Grace.
Reverse Correlated Time and Price analysis works its magic by using advanced technical analysis techniques to create a short period market forecast. This technology has the uncanny ability to predict how the market is going to change in next coming 2 to 4 hrs of time. As incredible as that sounds Forex MegaDroid has proven to me that it does indeed somehow predict the market with a remarkable level of accuracy.
Initially, upon testing the RCTPA development, the inventors witnessed that it worked incredibly well when it was used for manual trading. Following, it was decided to take it more advanced and also to automate the system. Hence Forex MegaDroid was “born.” I for one am glad they decided to release it to the public.
How Does Forex MegaDroid Compare to Fapturbo
Forex MegaDroid is the “new kind” on the forex block, but it already has been outshining many of the former top dog forex robots. One such forex robot is FapTurbo. I use both Forex MegaDroid and FapTurbo and from my experience even though FapTurbo is profitable if used properly with a good low spread broker it is NOT better than Forex MegaDroid for now. That may change in the future, but for now Forex MegaDroid is the new top dog in the forex robot world.
I heard Forex MegaDroid will double or triple my money. Is this true?
Yes. I’ve witnessed this on my live account. I’ve started with a measly $146 and in roughly two months my account grew to $301. I’ll post my most recent performance statement later on in this review.
Let’s say for instance that you start with an account of only $500, and that every month it gets doubled. Thus $500 becomes $1000, then $2000, $4000, $8000, $16000, and so on. Theoretically your account could grow to exactly 1 million in just 11 months.
What is the downside of Forex MegaDroid?
There isn’t any! Like I said previously, Forex MegaDroid is easy to install, setup, and use, and it works! I guess the only reason not to use it would be if you’re already filthy rich or if you don’t care about your financial future.
What level of support do you get after the purchase?
You will get 24/7 customer support. My opinion is that most likely you won’t have to resort to calling in for help. Forex MegaDroid is a pretty straightforward forex robot that is pretty much “set it and forget it.” But seeing as how we don’t live in a perfect world, it’s entirely possible that after you purchase the program, you might run into an odd technical error or into a user-specific problem. If this happens you can rest assured that a knowledgeable representative is there to help you out. Also for your added convenience, there is 24/7 Skype customer support available right after the purchase.
Performance proof – Show me the money!
Ok, you asked for it. Here is a recent performance statement taken from my live (real money) forex account. I apologize for the clunky text formatting. If you want a “cleaner” statement you can check out a PDF version by clicking over here.
Account: 599xx Name: Alan Currency: USD 2010 February 12, 00:22
2084009697 2009.09.30 21:18 balance PayPal Dep 9/29 – wp 146.68
2084191490 2009.10.08 16:27 buy 0.01 eurusd 1.4738 1.4088 0.0000 2009.10.08 16:29 1.4742 0.00 0.00 0.00 0.40
2084224953 2009.10.09 19:03 buy 0.01 eurusd 1.4711 1.4061 0.0000 2009.10.09 22:01 1.4714 0.00 0.00 0.00 0.30
2084285113 2009.10.14 00:00 sell 0.02 eurusd 1.4854 1.4896 1.4804 2009.10.14 01:36 1.4850 0.00 0.00 0.00 0.80
2084335729 2009.10.15 15:06 buy 0.01 eurusd 1.4861 1.4211 0.0000 2009.10.15 15:10 1.4864 0.00 0.00 0.00 0.30
2084401163 2009.10.20 00:00 sell 0.02 eurusd 1.4963 1.5005 1.4913 2009.10.20 01:10 1.4960 0.00 0.00 0.00 0.60
2084422852 2009.10.20 17:18 buy 0.01 eurusd 1.4929 1.4279 0.0000 2009.10.20 17:20 1.4932 0.00 0.00 0.00 0.30
2084553558 2009.10.26 18:20 buy 0.01 eurusd 1.4978 1.4328 0.0000 2009.10.27 17:06 1.4811 0.00 0.00 0.00 -16.70
2084597239 2009.10.28 00:44 sell 0.09 eurusd 1.4812 1.4927 1.4762 2009.10.28 01:50 1.4808 0.00 0.00 0.00 3.60
2084628954 2009.10.29 00:59 sell 0.09 eurusd 1.4723 1.4841 1.4673 2009.10.29 03:50 1.4701 0.00 0.00 0.00 19.80
2084754068 2009.11.03 23:31 sell 0.10 eurusd 1.4723 1.4811 1.4673 2009.11.04 00:39 1.4719 0.00 0.00 -0.17 4.00
2085259780 2009.11.23 23:29 buy 0.11 eurusd 1.4958 1.4885 1.5008 2009.11.24 00:06 1.4968 0.00 0.00 0.00 11.00
2085635712 2009.12.03 23:00 buy 0.11 eurusd 1.5074 1.5032 1.5124 2009.12.03 23:40 1.5063 0.00 0.00 0.00 -12.10
2085730782 2009.12.08 00:03 sell 0.10 eurusd 1.4830 1.4904 1.4780 2009.12.08 02:02 1.4829 0.00 0.00 0.00 1.00
2085770790 2009.12.08 23:31 sell 0.10 eurusd 1.4711 1.4863 1.4661 2009.12.08 23:55 1.4701 0.00 0.00 0.00 10.00
2085812853 2009.12.10 00:20 sell 0.10 eurusd 1.4738 1.4890 1.4678 2009.12.10 01:28 1.4737 0.00 0.00 0.00 1.00
2085847088 2009.12.11 00:43 sell 0.10 eurusd 1.4735 1.4791 1.4675 2009.12.11 01:54 1.4728 0.00 0.00 0.00 7.00
2085921638 2009.12.15 00:00 sell 0.10 eurusd 1.4658 1.4702 1.4598 2009.12.15 00:44 1.4651 0.00 0.00 0.00 7.00
2085961752 2009.12.16 00:27 sell 0.10 eurusd 1.4537 1.4596 1.4477 2009.12.16 02:05 1.4536 0.00 0.00 0.00 1.00
2086123135 2009.12.22 00:26 buy 0.10 eurusd 1.4269 1.4227 1.4319 2009.12.22 01:15 1.4279 0.00 0.00 0.00 10.00
2086160859 2009.12.23 00:05 buy 0.10 eurusd 1.4245 1.4160 1.4305 2009.12.23 01:06 1.4255 0.00 0.00 0.00 10.00
2086193399 2009.12.24 00:31 buy 0.10 eurusd 1.4324 1.4229 1.4384 2009.12.24 01:36 1.4335 0.00 0.00 0.00 11.00
2086226810 2009.12.29 00:34 buy 0.10 eurusd 1.4374 1.4384 0.0000 2009.12.29 18:02 1.4398 0.00 0.00 0.00 24.00
2086365373 2010.01.07 00:37 buy 0.04 eurusd 1.4398 1.4281 1.4448 2010.01.07 01:41 1.4408 0.00 0.00 0.00 4.00
2086367952 2010.01.07 00:42 buy 0.03 eurusd 1.4393 1.4266 1.4453 2010.01.07 01:46 1.4405 0.00 0.00 0.00 3.60
2086444054 2010.01.11 23:32 buy 0.04 eurusd 1.4509 1.4464 1.4559 2010.01.12 00:08 1.4519 0.00 0.00 0.00 4.00
2086445630 2010.01.12 00:26 buy 0.04 eurusd 1.4504 1.4388 1.4564 2010.01.12 08:29 1.4505 0.00 0.00 0.00 0.40
2086604245 2010.01.19 23:55 buy 0.04 eurusd 1.4286 1.4244 1.4336 2010.01.20 02:45 1.4287 0.00 0.00 0.00 0.40
2086638629 2010.01.21 00:21 buy 0.04 eurusd 1.4096 1.4052 1.4156 2010.01.21 00:56 1.4110 0.00 0.00 0.00 5.60
2086643715 2010.01.21 00:56 sell 0.03 eurusd 1.4110 1.4160 1.4050 2010.01.21 03:43 1.4114 0.00 0.00 0.00 -1.20
2086819018 2010.01.28 23:20 buy 0.05 eurusd 1.3964 1.3922 1.4014 2010.01.28 23:32 1.3974 0.00 0.00 0.00 5.00
2086901549 2010.02.03 00:32 sell 0.05 eurusd 1.3971 1.4018 1.3911 2010.02.03 02:20 1.3970 0.00 0.00 0.00 0.50
2086928759 2010.02.03 23:49 buy 0.05 eurusd 1.3888 1.3846 1.3938 2010.02.04 00:59 1.3892 0.00 0.00 0.00 2.00
2086964012 2010.02.05 00:12 buy 0.05 eurusd 1.3722 1.3592 1.3782 2010.02.05 01:17 1.3734 0.00 0.00 0.00 6.00
2087029564 2010.02.09 00:10 buy 0.06 eurusd 1.3644 1.3514 1.3704 2010.02.09 00:59 1.3659 0.00 0.00 0.00 9.00
2087064253 2010.02.10 00:00 sell 0.06 eurusd 1.3797 1.3882 1.3737 2010.02.10 01:03 1.3791 0.00 0.00 0.00 3.60
2087065090 2010.02.10 00:04 sell 0.04 eurusd 1.3800 1.3842 1.3750 2010.02.10 00:17 1.3790 0.00 0.00 0.00 4.00
2087118615 2010.02.11 23:47 sell 0.06 eurusd 1.3696 1.3802 1.3646 2010.02.12 00:15 1.3686 0.00 0.00 -0.08 6.00
0.00 0.00 -0.25 147.20
Closed P/L: 146.95
Gross Profit: 176.95
Gross Loss: 30.00
Total Net Profit: 146.95
Profit Factor: 5.90
Expected Payoff: 3.97
Absolute Drawdown: 14.00
Maximal Drawdown: 16.70 (10.69%)
Relative Drawdown: 10.69% (16.70)
Total Trades: 37
Short Positions (won %): 16 (93.75%)
Long Positions (won %): 21 (90.48%)
Profit Trades (% of total): 34 (91.89%)
Loss trades (% of total): 3 (8.11%)
Average consecutive wins: 9
Consecutive losses: 1
I absolutely love the low drawdown level Forex MegaDroid provides. Low drawdown (for those of you new to forex) means LOW RISK.
Will Forex MegaDroid work with any Forex broker?
No it will not work with every forex broker under the sun. Forex MegaDroid needs to be used with a broker that offers the MetaTrader 4 (mt4) platform. There are a ton of MT4 brokers out there so you’ll have no shortage of choice. However some brokers are better than others. I recommend a broker with low spreads on the EUR/USD currency pair – the lower the better.
If I don’t like Forex MegaDroid, can I get my money back?
Call me biased but as long as it makes money I don’t see any logical reason not to like it. However if for whatever reason you wish to get a refund, you can get your money back within the 60 days of your purchase date. The product is sold through ClickBank which has an absolutely 100% iron-clad reputation for customer service. I promise you that if you ask for a refund (through ClickBank) you WILL get it.
How much does Forex MegaDroid cost?
At the moment it costs $149 USD, but of course this can change at any moment. In my experience Forex MegaDroid will pay for itself in the first or second month of operation so in my opinion the $149 price tag is reasonable one given Forex MegaDroid’s consistent level of performance.
Forex MegaDroid Rating
After extensive demo and live (real money) performance testing I’ve come to the conclusion that unlike many other commercial forex robots, Forex MegaDroid does what it promises, which is to say it makes money.
Final Rating: 
5 our of 5 stars – strongly recommended 
That does it for this review. Thank you for your time and attention!
