Forex Robot presents itself as a leading forex robot, an unmatched Expert Advisor, with brutal trading precision designed to automatically make guaranteed daily profits while you relax and watch your account grow. Odin has made $165,176 in the last month and over $1,606,651 so far this year.
Although this may seem quite attractive, you need to be especially careful when someone offers you guaranteed daily profits with some unproven trading algorithms.
Not to mention that Odin Forex Robot is using a very risky trading approach that you should avoid if you are looking for a profitable trading strategy.
However, what is even worse is the fact that the forex robot does not have a verified trading account. So if you are still considering adding them to your business account tool, read the following review.
- Odin Forex robot review
- How does it work?
- Our best advice for you
- Compare Forex robots
Odin Forex robot review
Odin Forex Robot is another Expert Advisor sold by the ForexRobotTrader.com team, created to trade popular currency pairs such as USDSGD, EURCAD, NZDJPY, EURCHF, EURGBP, NZDCHF, USDJPY, EURUSD, GBPCAD, EURAUD, EURNZD, USDCHF, AUDCHF . The robot is sold at a price of $129, but they did not disclose the recommended trading term.
We all know that one of the reasons novice forex traders don't do as well as they should is because they usually trade in the wrong time frame for their personality. A subscription to Odin Forex Robot gives you access to a handful of unpopular free forex robots, including HAS Forex Robot, Hedge Forex Robot, Fractal Breakout Indicator, Pterodactyl Forex Robot, Directional Forex Robot, WaveRunner Forex Robot, Volatility Forex Robot, or Equity Trail Forex. Robot. It is not mentioned if what you are buying is lifetime or limited. Also, you will not see information about the test service.
Meanwhile, to help forex beginners learn the basics before diving into the deep forex, robot providers offer clients the option of a free trial service for risk-free trading.
How does it work
We generally reserve this section of our review for any possible trading methodology that a forex robot might offer its clients. In the case of Odin Forex Robot, however, we saw that they did not provide a real idea of why we should trust their strategy. Odin Forex Robot Odin uses an advanced grid trading strategy to find beautiful forex trades automatically. They wanted to use a couple of slogans to back it up, but it's not enough. They fail to explain the real technicality behind their Forex strategy, especially now that they are using a risky strategy like the grid.
Meanwhile, the problem with the network's business strategy is that risk is not controlled. The trader could end up accumulating a bigger and bigger losing position if the price keeps running in one direction instead of varying. Odin Forex Robot also mentioned a "Real-time Broker Shield", but there is no detailed explanation. Trading Result At SCAM EA, you will find hundreds of Forex robot reviews where we check if they are verified investment products, or just a scam. The way investors correctly compare a Forex EA result is by checking if their results are posted on a public statement sharing site, such as my ** book or ** Blue.
Our best advice for you
At this time, we do not recommend the Odin Forex robot because the obvious reasons it is a scam and the results do not correspond to the feedback from real clients. Odin Forex Robot needs to solve this by publishing its results on a third party statement exchange site like my ** book. Until they do this, the community will remain skeptical and we will do the same. If you want to make money as a trader, check out these trading tools.
Compare Forex robots
GPS Forex Robot is a highly recommended Forex robot by Mark Larsen that costs $149. The algorithm was developed by a group of private traders who consistently earn 30% monthly returns. Mark describes the Forex robot as highly efficient as it looks for short-term movements in the market and uses its highly accurate price prediction ability to win trades.