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FXGOODWAY X2 Review: Is Fxgoodway.com A Legit Robot?

Fxgoodway.com Review: this is the website of a Forex robot otherwise known as an Expert Advisor (EA). Is FXGOODWAY X2 a scam or legit robot? Forex robots sound very pleasing as they come in handy but not all of them work well. Read this review to find out more about the product.

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What Are Forex EAs, Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions.

It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more 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.

FXGOODWAY X2 Review

This auto trader decides when to open or close positions on a trader’s account. It is designed to generate maximum profit while keeping risks at a minimum. The EA is designed by the Forexstore.com team and works well with any broker using the MetaTrader 4 platform.

This robot is an upgrade on the former version FXGOODWAY EA. It has two sets of settings including many patterns (session). Traders using the EA can choose whether to trade using Set 1, Set 2, or both sets at the same time.

How FXGOODWAY X2 Works

Set-1 is the former version while Set-2 carries the new settings. While the former uses up to 10 patterns, this new one uses up to 7. These patterns are designed to trade differently from each other even when two sets are used at the same time.

FXGOODWAY X2 employs special algorithms for opening trades and closing them afterward. With this strategy, it closes positions in total profit allowing users to get constant weekly profit. These are done without protracted drawdowns and “unprofitable” months.

Several sessions (logics) are used to trade simultaneously. By analyzing the current state of the market and the data it receives, the EA opts for the logic to use. This tactic increases profitability and not drawdowns. An auto risk calculation feature is attached with the robot and traders only need to specify what amount of their deposit they want to use for trading.

Like the FXGOODWAY EA, the new EA also works best on EURUSD currency pair using Grid strategy. The minimum deposit needed for trading is $700.

Features of FXGOODWAY X2

• Smooth Profit
• Multi-Session Logic
• Auto Risk Calculation
• Uses 2 Different Sets

FXGOODWAY X2 Price

The EA (FX GOODWAY X2) comes with a one-time payment of $365 and gives access to 1 license, free updates, and constant weekly profits. There is no limit on changing accounts. Provided as well as a 30-day money-back guarantee on purchases.

Client Feedback

As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.

There was nothing of use found about the robot on third-party websites. This is a discouraging find as we advise vendors to encourage their clients to come forward with testimonies.

We found that it has trading results on FX Blue and one of the live accounts previously used crashed because the funds blew up. New ones are available showing good gains and interested traders can check these out.

Support

To get in touch with the customer care service of this vendor, traders can use the message form provided on the page.

Conclusion

FXGOODWAY X2 offers many settings options and good trading results. The team behind the product are also popular in the market and the information on the page is presented in a professional manner. We however find it disturbing that the price for the EA is high and their previous account got blown.

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    verb (used with object), schemed, schem·ing.

    verb (used without object), schemed, schem·ing.

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