We have a several-page presentation of “the unstoppable” Vader Forex Robot. This robot is one in the scam-family of the trading solutions from Forex Robot Trader. The company has had a horrible reputation for the last few years. Any who buys it sets the account at high risk.
The offer is simple and useless. We don’t know anything about the package features. The price is $99 with a 50% discount. So, we can’t rely on a money-back-guarantee.
We have to provide them with our card details. It’s such a big risk because of their scam reputation. They don’t sell through 3rd-party sellers that support a refund policy.
Vader Forex Robot Strategy
- The system uses Fibonacci levels. Most likely, it’s a Price Action strategy behind the system.
- The robot works on the M30 time frame, according to screenshots.
- We don’t know what currency pairs it supports.
Vader Forex Robot Features
There are not so many features we can mention:
- The robot allows completely hands-off trading.
- The core strategy is built based on Fibonacci retracement levels.
- The EA trades a Price Action strategy based on overbought and oversold levels.
- The robot is used to make profits by over 1000 daily users.
- The expert advisor can work with over twenty currency pairs.
- The installation process won’t take more than several minutes.
- The system is drag-and-drop based.
- It doesn’t require any previous experience.
- There’s a money-management system that manages Stop Loss and Take Profit levels for deals.
- It puts human emotion aside from trading.
- The robot doesn’t conflict with other advisors on the same account.
- The guesswork is removed from trading.
- The system trades five days a week.
- It runs a trend shift detection feature.
The presentation is featured by Helpful Stats. We have no idea where that info was picked from. According to it, average trade size is big, an average trade length is several hours, and there’s less than an average trading frequency.
Vader Forex Robot Backtesting Results
The company doesn’t share any backtest report with us, as usual, because this EA is an iconic scam.
Vader Forex Robot Trading Results
We have several photoshopped screenshots of how everything was fine, but all of this is a lie. We haven’t ever seen any verified trading results for any of their robots. Vader is not an exclusion. So, we’re not allowed to check what symbol is more profitable, drawdowns, win-rates, monthly profit, and so on.
As we can see, the vendor tries to convince us that he or she has over 20 million dollars on the account and needs $100 for a product copy in addition. It’s a scam. We can’t treat this report seriously. Anyway, the Profit Factor is 11.81. The Gross Profit is $183,728 in March 2021. The maximum drawdown is 0.00% (-$550). An average win is $132.08 when an average loss is -$85.88.
Vader Forex Robot Reputation
Visiting the company’s main page, we found out that Odin made +$190,178 this year. We haven’t noticed any link on myfxbook-verified trading results.
There’s a page of Forex Robot Trader (Don Steinitz) on Forex Peace Army. The account has 269 reviews and a 2.2 rate in total.
This client is unhappy because he can’t make this software work profitable.
Other clients mentioned that we insist at – this service is a 15-year-old scam. It’s dangerous for our account.
Vader Forex Robot Review Summary
- Strategy – score (3/10)
- Functionality & Features – score (3/10)
- Trading Results – score (0/10)
- Reliability – score (2/10)
- Pricing – score (3/10)
Conclusion
Vader Forex Robot is a robot without any real trading activity in the past and present. The presentation warns us that this software is a scam. It doesn’t include setting explanations, money-management advice, and refund policy. There’s an endless wall of negative feedback on Forex Peace Army.
