Welcome to the bulliscoming Forex Fury review. Automated Forex trading and the influence of AI in financial market trading isn’t something spectacular to you if you are already a trader. Due to the reality that a lot of modern-day traders pertain to a millennial group, it doesn’t amaze one that auto trading has taken over the trading world.
Right from trading bots to tech-savvy networks and top-tier trading methodologies, the prevalence of automation is quite obvious in the forex trading universe. The pleasant feeling of automated trading is that it enables traders to center their attention on another sector such as research and strategy conceptualization without which you cannot expect to sustain and progress as a trader in the financial markets.
The single problem springs up when you have to determine the best and quantitative forex robot for your trading activity. We have several options on the internet with only a few making up for their client’s expectations. Even though some might be all appealing and making profits for users at first reflect, not all are entitled to your sweat-earned cash and consciousness.
Consequently, we advise you to stay glued to the proven alternatives with authenticated outcomes and quality order. Among these proven alternatives is Forex Fury – an automated trading robot that got speedy awareness within a short period.
What is Forex Fury
You might have bumped into this post in your quest to attain a specific understanding of forex fury. Continue reading and you will be shown some factors to help help you better your decisions.
Forex Fury is an automated trading solution designed to work on the meta trader 4 and meta trader 5 platforms. It was developed by a trading team known as rypax incorporation. This team seems to have other products that have proven to be worth it.
Trust they are working hard to build a reputation. In summary, the forex fury you’ve been hearing about is a trading robot that goes through the nitty-gritty of the market to make money for you with its incorporated strategy.
Forex Fury Review
Forex Fury claims that their trading method is based on the fundamental properties of time restriction. In order to provide a viable trading robot, the first thing you need to do is limit your losses, and we feel the easiest way to do this is to create a system built for a specific time period.
Historically, they have used high-risk principles with large or no stop losses, but they are working on shifting to better risk-reward ratios to make our software safer during volatile markets.
They open trades 4-5 pm EST. During this time, the market is lacking in volatility which is perfect for an advanced scalping approach to picking up easy wins. This means, that our robot is in and out of the market within 1-2 hours every single day. The approach has proven to be profitable on multiple pairs, which you can see in the trading accounts we provide on the front page of our website.
Where the majority of robot developers go wrong, is in trying to code a project that is too large or all-encompassing. In focusing on 1 hour per day, they have been able to drill down and test 100x more data than our competitors.
While some traders prefer to trade the entire day, this is not a simple task with an automated robot, and it’s one of the main reasons our competitors fail.
Forex Fury claims that their methodology is simple, and their approach to fundamental and technical analysis is industry leading.
They also claim that their Forex Fury robot is very capable of trading low risk, medium risk and even high risk strategies.
In fact, a lot of the strategies they have tested on live trading accounts are high risk. While most robot developers are scared of this, we are not. We provide live trading accounts to test the limits of our methodologies, and to improve.
Just because they often use high-risk strategies doesn’t mean you have to though. With new additions like their range filter and max spread, we’ve been able to let clients of all risk profiles utilize their robot.
Don’t be worried if you see one of their accounts with a large drawdown, as they are just pushing the limitations to learn and grow. They also claim to have built-in money management, lot size, and max orders so you can specify how many trades you want to open at one time, and how big you want them to be.
If you want to go slow and steady, you can, or if you want to try and flip an account quick, you can.
Other Forex Fury Review to Check Out
Is Forex Fury Expert Advisor (EA) Good
The first question that comes to an individual mind about the forex fury EA is if the trading software is really worth it. They have a track record of a high winning rate, but profits in the forex market aren’t guaranteed no matter what.
The team claims to have the trading software backtested over a fifteen-year period market. Our research further leads us to Trustpilot where we saw various positive reviews about the trading robot.
Below are some of the feedbacks gotten from clients
The Forex Fury team also boasts of a 93% winning track through their verified fx book accounts. A view of forex fury fx book accounts shows cased profits realized from trading exercises.
You can check some of the forex fury ea trading results on my fx book through the following links provided below.
The team behind the trading robot also provides the necessary installation guides with an excellent support team. A lot of time, the offer and product are good, but the support team is naive about guiding and helping the clients out.
The reverse is the case with Forex Fury. Apart from having a superb and excellent team of exceptionally resourceful developers and analysts, the forward workers of the team Forex Fury are gracious too.
Features of Forex Fury Robot
- Multiple filters to avoid bad market conditions
- Works with any meta trader 4 or 5 brokerages (consult your broker on this to be sure)
- A video guide to better understand the functionality of the robot
- Trade any pair, indices, or Cryptocurrency
- Effective money management strategy
- Tested and Proven SET Files (always new settings in development)
- Low, Medium & High-Risk Strategies
- ECN Support
How Does Forex Fury EA Trade Works
Once the software is installed in your trading account, it will monitor the markets. When trades are available, the robot will place trades automatically, and then close those trades automatically based on the settings.
You can manually intervene, but there is no need to intervene as the software is completely automated. The forex fury trading robot enters trade relatively quickly even though it depends on market conditions and how many accounts you are running.
You should expect to see the forex fury trading robot picking about 0 to 7 trades per day. Forex Fury trading public fx book accounts also display relevant metrics about the trades being taken
Is the Forex Fury Trading Robot profitable?
We can’t determine this but so far we have seen positive feedback from prospective clients who have used the trading robot. Little sense can also be applied to the robot while maximizing its use to ensure profitability. The team says it is expected for the robot to grow accounts up to 10% – 20% per month. This ultimately depends on market conditions though, and past trading results don’t guarantee future profits.
Is Forex Fury Trading EA Available for Free
Of course, no. Forex Fury trading robot comes with a fee attached to take possession of it. The forex fury team offers different plans for the robot purchase which are gold and diamond. Both plans have a significant difference between them.
Forex Fury Gold
- Purchase price – $229.99
- 1 Live Account License
- Unlimited Demo Accounts
- Free Updates
- High-Performance Settings
- Lifetime Membership
Forex Fury Diamond Plan
- Purchase price – $439.99
- 2 Live Account License
- Unlimited Demo Accounts
- Free Updates
- High-Performance Settings
- Lifetime Membership
The major difference between the gold and diamond plan is that the diamond plan offers 2 live account licenses while gold offers only one. Forex Fury trading robot is a one-time purchase. There are no updates, upsells, or extra charges. Forex Fury does not provide a free trial at the moment which isn’t so pleasant. Perhaps in the nearest future, they might add it.
What Broker is Compatible with Forex Fury EA
You can absolutely use any MT4 broker with forex fury EA even though the team recommends paxforex and fx open. Is clients are advised to use Ospreyfx.
What is the minimum deposit for Forex Fury EA?
You can start with $0, on a demo account. Or, as low as $100 on a micro account if you want to trade live. The robot is compatible with all account sizes from very small, to very large.
What strategy does Forex Fury EA use?
Forex Fury EA service uses a range-based trading method that works best in low volatility. It has filters to ensure the robot trades during these conditions, but you’re welcome to pair this with your expertise to dominate the markets. t trades 1 hour per day, and 1 pair per account to ensure that it avoids volatility at all costs, and so that the accounts grow steadily.
Does Forex Fury EA work on mobile phones
Sadly, You cannot use this on your phone.
Forex Fury robots work on either MT4 or MT5, which require a PC, MAC, or VPS so if you don’t have one and you want to make use of this trading robot. You should probably get one.
Among rankings of best trading robots researched by our team on bulliscoming.com. We saw forex fury (GBPUSD) ranking first followed by forex fury multi.
Even though we have tried our possible best to list out all the essential characteristics and compensations that tag along with this trading robot, it is still advisable that you carry out your research.
Your trading expert advisor (EA) is your favorite trading companion, and we are aware at bull is coming that you don’t want to make the wrong choice We hope you got some reasonable information about Forex Fury from this post.