BOT 1 (by FXfarms) Quick Stats
Gain: +5.06M%
Drawdown: 19.51%
Pips: 14646.6
Trades: 7156
Won:
Lost:
Type: Real
Leverage: 1:1000
Trading: Unknown

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BOT 1 Discussion
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suttos

Member Since Apr 21, 2013  266 posts suttos Sep 09 at 02:06
I'm guessing this is some sort of pyramid scheme given there is a bunch of 'agents' on the website and also the 'investment plans'
Always a dead giveaway.

mamin4418

Member Since Aug 20, 2020  4 posts lordofthering (mamin4418) Sep 11 at 17:17
How do they fake MyFxbook report ? I am just curious

marco_mmbiz

Member Since Jul 20, 2019  217 posts marco_mmbiz Sep 12 at 10:24
mamin4418 posted:
How do they fake MyFxbook report ? I am just curious


First:
Results are way too good? Everything that looks too good to be true should be considered as a fake or as a very-high-risk-trading.

Second:
How they can fake the results? If you have your own 'broker' (actually only a website with a server which is connected to a Metatrader-account), you can add your results like you want. This was the response from the Myfxbook support some time ago:
Even with verified accounts, our verification only goes to show you that the data we show is identical to the data in the trading account (the data fetched directly from the broker).
It is possible (in theory) to buy your own MT server and edit the trading history - there is no way to verify such a scenario.

You can do your own research, the connected broker of this system here doesn't even exist. wink

patience is the key
TradeGreen

Member Since Apr 02, 2019  2 posts TradeGreen Sep 17 at 05:43
Let us go with reputable broker and test the reality of the EA .. Nothing is wrong if you believer EA is million maker .

hussain19

Member Since Sep 19, 2020  1 posts hussain19 Sep 21 at 23:11
You can make money with an EA If you have a good one, the one I have is booming and outperforming like crazy

TradeGreen

Member Since Apr 02, 2019  2 posts TradeGreen Sep 22 at 13:24
hussain19 posted:
You can make money with an EA If you have a good one, the one I have is booming and outperforming like crazy

  Ea can make money but need reputable broker to justify the performance ,, No million maker will sell EA like that ..

GiuseppeRRR

Member Since Apr 30, 2020  7 posts GiuseppeR (GiuseppeRRR) Sep 24 at 10:14
it seems to me that this is a very complex scheme for deception.Why spend so much effort buying your own broker? What result does the alleged fraudster expect?

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.