Happy Fast Money uses the grid and hedge methods for opening and closing orders. It works on multiple currency pairs and trades on the MT4 terminal. This FX robot uses full automation making it easy to use by newbie and seasoned traders. As per the vendor, it can work on big accounts efficiently on the MT4 platform.
You can buy this ATS for €299 or €499. While the former price includes two licenses, the latter includes 5 licenses of the software. The package includes 9 other expert advisors of the Happy Forex company. A 30% discount is present and additionally, the vendor provides the Happy Indicator Pro free with the package. A 30-day money-back guarantee is present.
On purchase, you get the automated software, a user guide, free updates, and free upgrades. When compared to the market average, we find the pricing is very affordable, and further, the presence of a refund makes this a reliable product.
Happy Fast Money trading strategy
The grid and hedge methods are the main approaches this FX EA uses for identifying accurate and winning trades. As per the vendor, the basic working method is for the ATS to open up orders with limits for buy and sell. New limits are set when the order has been completed and the set limit has been achieved.
Happy Fast Money features
The key features that the vendor focuses on for this FX EA are:
- The robot trades 24/7.
- It is fully automated and is easy to install.
- It provides ECN broker support.
- It uses the micro, standard, and mini account types.
- A minimum deposit of $5000 is needed to use this ATS.
- It works on the EURUSD, EURGBP, and GBPUSD or the AUDUSD, EURCHF, and USDCHF pairs.
- The FX robot can automatically detect quotes of 4 or 5 digits.
- For a micro account with a lot size of 0.01, $5000 is the recommended deposit.
- For a mini account with a 0.1 lot size, $50,000 is the required deposit.
- For a standard account with 1 lot, $500,000 is the deposit amount recommended.
Happy Fast Money backtesting results
Unfortunately, there are no backtesting results present for this FX EA. Backtesting results help traders understand the working method of the robot and its efficacy. But since they are based on historical data, they cannot predict the future performance of the system.
Happy Fast Money live trading results
A couple of real trading results verified by the myfxbook site are present on the official site. Here is a live real USD account using the Forex Mart broker and the leverage of 1:500 on the MT4 terminal:
From the above stats, it is clear that the account has generated a profit of 69.48% with a daily profit of 0.20% and a monthly profit of 6.09%. The drawdown is 20.97%. For a deposit of $2000, the profit generated is $1389. The growth curve shows a steady upward growth of the account since it started trading in June 2021. From the steadily increasing profits, we can see that the approach is effective. Further, the account uses a lot size of 0.01 which indicates a low-risk approach. The low risk and high returns make this a favorable system for all traders.
Happy Fast Money reputation
Happy Forex is the company that designs and promotes this FX robot. The company has been in the FX industry since 2016. It has gained a stellar reputation with its various expert advisors and other FX services and tools it offers. Other robots of the company include Happy Neuron, Happy News, Happy Martigrid, and more. For support, the vendor provides an email address and live chat feature. For installation and other configuration-related assistance TeamViewer and AnyDesk are present.
While we could not find user response for this FX robot, there are 13 reviews for the Happy Forex company on the Trustpilot site. A rating of 4.5/5 is present. Here are some of the reviews for the company’s products in general:
From the testimonials, it is clear that users find the products are easy to use and produce good results.
Happy Fast Money review summary
- Strategy – 7/10
- Functionality & Features – 8/10
- Trading Results – 7/10
- Reliability – 7/10
- Pricing – 9/10
Happy Fast Money shows promising potential with its grid and hedge strategies. The live verified real-time trading results indicate the EA can generate good profits with minimal losses. The affordable pricing, refund policy, updates, and positive reviews are other benefits we identified in this Metatrader 4 tool.
