Ok, so I don’t really believe too much into Forex EA robots but this is from the makers of Forex Megadroid, one of the most successful EA’s out there. So I decided to put together a Pipjet review and see if it’s a scam or does Pipjet work? If you want the official page you can go here now.
The Pipjet robot has been in the making for 2 years….seriously.
The makers didn’t want to put out junk. They wanted a HUGE winner just like Forex Megadroid (did you know it has 44,000 traders still using it -proof that it works).
Well, it was in 2010 that they guys noticed a strange thing in the USD/CAD pair in the Asian session, so they tested it further and discovered that it’s tradable and have been gaining pips since.
The guys have been trading 5 real-money, live accounts just to prove that it works. See the proof here.
The beauty of its performance proof is that, unlike other robots out there, PipJet has been trading for almost TWO years with only 3 losing trades and a VERY low drawdown.
In fact, one of our accounts will show the robot trading $1,000 into close to $ 40,000 since August 2010!
Sounds pretty impressive to me.
Here’s the results:
- Account 1: start Aug 9, 2010 - Deposit: $1,000, Current balance: $5,244
- Account 2: start Sept 13, 2010 - Deposit: $1,000, Current balance: $35,925
- Account 3: start April 5, 2011 – Deposit: $1,000, Current balance: $18,948
- Account 4: start April 26, 2011 – Deposit: $1,250, Current balance: $19,915
- Account 5: start Oct 10, 2011 – Deposit: $2,000, Current balance: $7,301
Obviously, no one can guarantee success and I don’t recommend anyone just jump into making the trades without doing testing before trading real money.
This is why I really like that the guys are offering a 60 day money back guarantee.
I would put this in a demo account, and if it works…start trading live money and keep the program.
If it doesn’t, tell them you want your money back, and its sent almost immediately.
The trades that the EA performs are intraday trades for the most part. They try to stick with entering and exiting within the Asian market timeframes.
This is considered good because long term trades are harder to predict.
To learn more about the system one should visit the official site here.