Forex Olympus is a signals provider that was developed by Rita Lasker and the green Forex group.Today we will be reviewing ForexOlympus.net to ascertain if the service this vendor has is worth the purchase. Read through our review to see what experts have to say about the Forex trading software.
Table of Contents
What Are Forex EAs, Signals or Indicators?
An expert advisor (EA) is software that directs and guides you on what trades to make or pass on, it even automatically initiates and carries out trades according to a set of already programmed instructions. Expert advisors are most often deployed on the MT4 or MT5 forex trading platforms.
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We cannot overstate the advantages and usefulness of Expert advisor. Among the many advantages is the slight learning curve involved in using the Expert Advisor. That is to say, you need little learning to use an EA as the trades are being carried out by a set of instructions already made by an expert. Another advantage is that it can consider a lot of variables that humans may not have the time or potential to handle.
It is normal and not out of character for a Forex EA vendor or signal providers to lay claims to their product being a sure-fire way for you to get richer (it’s mostly just marketing.). This is because anyone who is looking for a signal provider is searching for a hassle-free way to make some profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
Forex Olympus EA Review
The team behind Forex Olympus claims that their system that will ensure that you have your trading covered from every angle possible.
ForexOlympus is a single paged, long form website. It first gives promotional content about its services before it goes on to provide testimonials and graphs that give more insights to said service.
They also give other reasons to choose their software.
How Forex Olympus works
The site doesn’t give an in-depth view as to how the software works. But it does state that In order to fit their clients’ personal trading style, the software makes it possible to choose between one of its three powerful modes which are
Forexolympus.net takes a potion to explain its alert system. Apparently they have three Types of Alerts that you about every signal so that you will never miss the chance to get a profit.
IT works on the MT4 trading platform and works on all currency pairs.
Forex Olympus Price
Forex Olympus package comes in twos, you can either purchase the indicator alone for $129 or the full package for $228
Customer Support
Forex Olympus provides a contact form for any form of communication with them.
Client Feedback
Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA. We mostly consider feedbacks on a third-party site as we have found that reviews on the official page might be manipulated, concocted or paid for.
We couldn’t find any reviews by paying customers
Conclusion
Forex Olympus doesn’t give an in-depth explanation of their strategy.
We couldn’t find paying customer reviews to gauge the rate of satisfaction in the product
No verifiable trade results
Although the website looks professional and more improved than it has ever been, the points above still leaves doubts in our minds and as such, we won’t be able to recommend this software to anyone at this time.
EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below
Accounts
Free Trial
Projects
SSL
2
Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
1
Strategy: Stop and Reverse
Time Frame: All time frames
Currency Pairs: EUR/USD, EUR/GBP and USD/CHF
License fee: $149
60 Day Money-back Guarantee
3
Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
