Forex Accumulator is a new Forex Robot coming out soon.
Forex Accumulator will be released Wednesday, August 5th, 2009 at 12pm ET.
We are going to put this Forex robot to the test.
We were able to get an advanced copy of Forex Accumulator by its developer Paul Liburd.
We don’t have any hard information on this robot yet, as it hasn’t hit the market and the website is limited to just showing when it will be released to the public.
However, since we managed to get an advance copy of Forex Accumulator, we are going to test it before you can even buy it.
Here is what we know so far:
It trades up to 4 different pairs:
- EUR/USD
- GBP/USD
- USD/JPY
- USD/CHF
The user guide is not very clear on what time frame to use (in some places it says 1M and others it says 5M)
It uses stop loss and take profit orders, so you’ll need a broker that supports them. The new NFA rules being interpreted by many US brokers won’t allow stop loss and take profit orders anymore, thus you’ll likely have to get a foreign broker. The stop loss default setting is 30 pips, and the take profit default setting is 10 pips, meaning that the Forex Accumulator Forex robot has a 3:1 risk/reward ratio.
It trades from 16:00 to 24:00 GMT time, so you will have to make sure your broker offset is correct in the Forex Accumulator Forex Robot settings.
Even though one place in the user guide says not to risk more than 5% on any trade, the default setting is 20% or 30%.
Will We Bust Forex Accumulator Forex Robot?
So here is our plan. We are going to test Forex Accumulator Forex robot and run it on a demo account. Why not use a live account? Because we don’t want to lose money on yet another “unbeatable profits” robot.
As we run the test, we will post our results daily as to whether it made a profit or not. Specific results with the actual broker account printout will be posted here as well.
We will get to the bottom of this and find out if the Forex Accumulator Forex robot is what they say it is.
Try Forex Accumulator Forex robot along with us!
One of the great things about Forex Accumulator Forex robot iss that they have a 60 day money back guarantee. That means you can try it, and if it doesn’t work for you, you will get all your money back.
Try Forex Accumulator, and as we post our results, you can add your comments and results on how it is working for you!
We can BUST this robot together!
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Hi Mark
Is the refund policy on accumulator the same as clickbank?
They use something called plimus instead who I’ve never heard of. Is it difficult to get a refund from these people?
Thanks
Maree
As far as I can tell, the refund policy through Plimus is just as secure as clickbank, as long as the seller (Forex Accumulator), provides a refund policy. Unfortunately, we have not yet had the opportunity to test the refund policy offered by Accumulator, but I believe it to be valid.
Just to follow up – I decided against using accumulator and received my refund from Plimus without a problem.