Forex Cyborg is a trading solution that was designed to help all types of traders with various trading experience by executing orders completely automatically. The devs claim that the system fits experienced traders who require good profitability and trading with low drawdowns and risks.
We have two packages on the board: Gold and Premium. The Gold package is available for €499.9. There’s a single real account license provided. The Premium pack costs €599.99 and includes three real account licenses. Both packages offer an unlimited number of demo licenses, support, free updates, and automatic trading. The owners decided to cover us with a relevant 30-day refund policy.
Forex Cyborg strategy
- The advisor was designed in order to help its owners to open and close orders completely automatically on the MT4 terminal.
- It doesn’t apply the following risky strategies Martingale, Hedge, and Arbitrage in trading.
- We can choose between normal and conservative trading modes.
- The risks can be customized either.
- The robot trades during the American session: from 5 to 11-30 p.m. GMT.
- Trading is possible on any account size.
Forex Cyborg features
We have united all useful information in the following list for your comfort.
- The system was properly backtested.
- It had high accuracy based on the range of ten years of the tick data.
- It works with the following cross pairs: AUDCAD, AUDCHF, AUDUSD, CADCHF, EURUSD, GBPAUD, GBPCAD, GBPCHF, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, GBPUSD, USDCAD, USDCHF, USDJPY, AUDNZD, and EURNZD.
- We are allowed to customize our risks before starting working.
- The system is an easy to set up trading solution.
- We can rely on 24/7 welcome support.
- It was tested based on the 99% modeling quality.
- Testing performed with real slippages and spreads.
- They can provide us with a free setting on a VPS service.
- The system showed a pretty solid win rate based on the backtest results.
- There’s a long and complex algorithm.
Forex Cyborg backtesting results
We have the system tested on AUDUSD on the M15 time frame on the data from 2010-2020. The modeling quality was 99.90% with variable spreads. An initial deposit of $10,000 turned into $2,194 of the total net profit. The profit factor was solid–3.97. The system performed 544 orders with an average win rate of 72-75%.
Forex Cyborg live trading results
The robot was set to trade on the real Darwinex-based account. The leverage is 1:200. It receives data from the MetaTrader 4 platform. The account has a verified track record and verified trading privileges. It was created five years ago in Jule 02, 2017and was deposited at 15,942 EUR. The system managed to generate 257.41% of the total gain.
Forex Cyborg has performed 3375. It managed to obtain 7057.3 pips. An average win 8.94 pips when an average loss -13.00 pips. The accuracy rate is a little bit lower than the one we see in the backtest report: 67-69%. The profit factor is 1.16.
We may note that the system trades when the market calms down and it’s possible to use technical analysis with maximal accuracy.
Tuesday with 540 orders is the least traded day among others.
The advisor has to lose only 5 orders (87.09% chance) to lose 10% of the balance. These risks can be treated as the high ones.
The advisor doesn’t keep orders on the market for too long. It uses Martingale on some orders but avoids using a Grid of orders strategy.
Forex Cyborg reputation
The developers created a profile on Forex Peace Army, so everyone can write an honest review.
The former client informed us that the robot can be profitable for three years.
Forex Cyborg review summary
- Strategy – score (8/10)
- Functionality & Features – score (8/10)
- Trading Results – score (7/10)
- Reliability – score (8/10)
- Pricing – score (7/10)
Forex Cyborg is a trading solution that works on the real market and makes profits. The presentation informs us about how the robot functions, what features it has, and what results we should expect from it. We have both backtest reports and trading results to check if the system fits our expectation, especially, about risks and conservative trading. The system has been providing income for years since 2017.
