Are you searching for the FXGoodWay EA reviews in order to find out what is FX Good Way forex trading software. FX Good Way EA promises smooth profit, multi-session logic, and auto risk calculation, is it scam or legit? If so, then you are absolutely in the right place because here, within our FX Good Way review, you are going to find out the complete truth about FX Good Way.
There is no contact address or email support provided by the vendor of this software.
Actually, we don’t recommend anyone to use FX Good Way. If you want to know why, then you can find the details within our FX Good Way review as below. But, after knowing the fact that the FX Good Way is a scam, if you don’t want to find out more details on it, but instead want to find out the legit forex trading software, then you can click this link:- Best Forex Robots.
OK, let’s begin with our FX Good Way review in order to find out what is FX Good Way in real.
FX Good Way Review
During our review of FX Good Way, we see that they offer a unique Forex trading robot. The developers of the FX Good Way EA want the community to understand that they use special algorithms for opening and closing trades to ensure that they always close in total profit. Sadly, these algorithms are not explained any detail, so we just have to take their word for it. The main goal of these algorithms, is to make sure that there are no “protracted drawdowns and unprofitable trading months.”
The developers claim that FX Good Way has a multi-session logic which allows the system to trade in several sessions.
The EA works on any time frame and trades only on EURUSD pair with an unknown strategy.
With $229 you can one license that allows you to use the demo and live account. The number of accounts you can use with this EA is not stated, and there is no free version of FX Good Way expert advisor .
FX Good Way Trading Results Overview
When the Scam Expert Advisor reviews a Forex EA to determine if this EA is a trusted entity or a scam, we check to see if they have an active performance result. It is easy to know if an expert advisor is verified if they display a performance result from the Myfxbook or FXBlue.
The FX Good Way has an FX Blue trading account but they are not verified on Myfxbook
On average, the software trades around 40 times per month, and has a winning percentage of 66.9%. Trades can be held open for several days, so it’s certainly not a scalping strategy that we are dealing with here.
There are 4 open orders currently, with the longest open order going for nearly a week as it attempts to claw back to the break-even mark.
The trading results are impressive, but I would like to see them hosted on other statement sharing services.
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Review Verdict – FX Good Way is a Scam
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If you are currently trading with FX Good Way, please share your experience with other new investors in the comments below.