Spider Bot EA is an undisclosed strategy expert advisor system produced by Alex Tanuka, the CEO of Forex Pacific Inc. The location of the Forex Pacific Inc. offices is in Singapore, but we do not have a full address to report. As for support, traders can email [email protected].
We constantly demand that vendors provide a more transparent, and longer form account for their EA’s transactions. This advice is never taken, and it is constantly the one issue that I have with some releases, and it’s a major issue.
For our list of Forex EA ratings click here.
As mentioned above, I have a major issue with this robot vendor’s results practices. Instead of providing, MT4live, or Myfxbook accounts, he provides short glimpses into how the EA trades over a month and gives us screenshot images as proof.
Forex Spider Bot Review
The robot is being promoted as a strategy that wins 88% of its trades and is suitable for traders that want to start with as little as $300.
The software is 100% automated with a 3-term algorithm technology (that isn’t explained) and includes easy hedging control. The software can be used on any Metatrader4 platform with 24/5 market monitoring and self-correction.
The robot’s timeframe is 30 minutes and it works specifically on EURUSD and USDCHF pairs. The price is $89
Forex Spider Bot Result
Considering the lack of trading results, combined with the poor customer feedback, We are not in a position to recommend Forex Spider Bot at this point in time. Hopefully, the developers work on establishing more trust with the community and providing us with some actual proof that their software works. If they work on these 2 aspects, we will reconsider our judgment. 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 EA.
You are better off using a real trading robot, read why
Please let me know what you think about this software, by leaving your comments below this article, now.
SEE THE BEST FOREX EA
Best Robot For Forex and CFD
You can compare and review Forex robots performance to know which is best for you.
Flex EA is an automated trading robot that can be set-up to trade just about any trading pair. Their 12 selectable strategies, ECN support, and free updates.