Forex Terminator - Overview - Does Forex Terminator Work?

Forex Terminator is the latest robot to hit the market. In fact it has only been a few days at the time of writing. Obviously we like to give each system/expert advisor a good length of time with real live trade testing before we make a decision on its profitability.

Therefore we can't yet comment much on The Forex Terminator but the things we do know are below.

Forex Terminator works on multiple currency pairs so many options remain for opening numerous trades. Many EA's are programmed for one or two specific pairs so this is a welcome addition to this robot. The bot has aimed for profit levels of around 100 pips so it is more adventurous than many similar bots. It is not a scalper - losses and profits can be larger in single trades. Also the EA has built in  money management for decreasing risk.

The Forex Terminator website claims a one year successful back test and all looks good [however it always does on the merchants website doesn't it!?]. Take back test results with a pinch of salt as conditions in the simulation may have not been repeated in a real trade.

We will be keeping a close eye on the Forex Terminator to see if it lives up to the recent hype surrounding it.

In the mean time you can see backdated results on their website and there are some comments from other Terminators below!

Not the best user comments above, however if the product launch has been successful then they are probably inundated with emails so will give them the benefit of the doubt.

The cost of Forex Terminator is $97. We always recommend that you can trade using a demo account first with any Forex robot to get used to it before trading real money.

If you were interested in Forex Terminator you may alternatively want to look at Forex Autopilot  or FAP Turbo.