GPS Forex Robot scam?
GPS Forex Robot, as reported by some users, guarantee a consistent monthly profit.
They said it is a great trading system/robot that worked really well because it can sustain any market conditions of volatility. Just like a GPS navigator in your car, the robot is designed to predict the short-term movement in trades with a very high probability. It has reportedly been right in 98% of cases. And it has a reverse strategy inside which instantly opens a trade in the opposite direction and covers the small loss. This simple trick makes the robot to be really strong during both backtest and live trading!
You don’t have to use tools like martingale, grid or stoploss while using this robot. Some good performances of GPS Forex Robot have been reported on 3rd party monitoring service called Myfxbook, and all the accounts are fully verified. Myfxbook is an independent industry leader in forex accounts verifications.
The robot was eventually released to the public after over 5 years of live trading results.
Since then, many successful traders had used it to make a lot of money for themselves, as claimed by the group of professional traders that built the robot.