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FRWC Forex Robot World Cup Royal Trader Review
Is FRWX Royal Trader a scam from the recently concluded Forex Robot World Cup Royal Trader competition? I’m sure if you’re like me and have been researching forex products for a long time, you’re probably getting new offers of new robots for sale in your email every day. There are dozens of new Forex EAs being created and made for sale every day, but I’m not surprised that many of them actually don’t work.
1. Is FRWC Forex Robot Cup World Trader System Another Marketing Scam?
Most EA’s are just junk products that are marketed with the promise of real earning capabilities of Expert Advisors. However, many innocent victims are falling for these scams every day because of how professional and convincing their websites are designed. With a legitimate and professionally maintained EA, I am now able to generate income from home just by letting the bot run on autopilot while I just update its settings usually twice a day.
2. How did Automated Forex Expert Advisors come about?
The idea of programming automated robots came very recently as professional traders started hiring programmers to automate their trading systems. Traders would write the logic and terms of their trading methods, while programmers would program these rules into programs called Expert Advisors.
There are also traders who program their own bots because they have the technical expertise to do so. In the FRWC competition, only 24 of these QRs reached the live trading stage, of which 1 of them won the competition with a greater than 140% trade winning rate.
3. Do the robots in the FRWC Forex Robot World Cup competition really work?
The transparent results on the FRWC website, along with the explanation of how each robot works, certainly shows that the results are reliable and really work to make above-average returns.
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