Forex Steam Review
Forex Steam is a renowned forex EA introduced by Steam Ltd. The algorithmic trading solution offers powerful and reliable trading solutions to both experienced and novice traders. The company obviously holds a number of solid reasons to make such claims. Forex Steam has credit to serve Forex traders for more than 10 years. They have a strong client base with thousands of active users and satisfied customers. There are countless positive testimonials available on the software’s official website as well as on other third-party websites. To enjoy over 94% profits on daily basis, all you need to do is to pay a one-time license fee of $117.99 which is obviously too reasonable considering the benefits and routine updates traders get to improve their ROI.
When you visit the official Forex Steam website, you’ll find it really professional and eye-catching. The purpose of this review is to analyze the claims declared by the team Forex Steam. In the end, you’ll have a better idea about how Forex Steam works and whether or not you should invest on this popular EA to streamline your trading processes.
Since, there’s a lot of money involved in the forex business, the only thing traders can’t take granted for is the transparency. As far as Forex Steam is concerned, not only you can have a trading account from the developer’s website but there are numerous independent vendors that also offer trading accounts. There are numerous proofs of successful live trading available on the official website. The software works on a proven trading strategy coupled perfectly with a systemized evaluation system which immediately starts working when you provide software with all the relevant details. Also, Forex Steam claims to offer over 90% success rate which automatically narrows down the chances of loss.
Forex steam works with hundreds of different strategies. One of the latest methodologies is a time-restricted scalping strategy which has proven to be rewarding and beneficial using multiple currency pairs and modified TP/SL settings. The best part is, you can adjust the settings to match up with your unique trading style. This specifically gives flexibility to the traders who want to experiment with different approaches and trading techniques to maximize profits. The scalping approach pairs flawlessly with the software retrace technique that optimizes returns and confines losses.
Client Feedback (multiple sources)
With hundreds of automated forex robots currently available on the market, it obviously isn’t that easy to single out an option that delivers great results. This is where testimonials and user reviews come to your salvage.
When it comes to Forex Steam, you can find hundreds of reviews posted by active users who have already integrated Steam into their trading process. Also, you can find positive testimonials on other independent websites that publish unbiased reviews for numerous forex products, tools and resources. This obviously encourages new entrants as well as seasoned traders to trust Forex Steam’s incomparable trading strategy.
History (10 years)
With 10 years of proven track record and relied by more than 4,000+ users, Forex Steam is definitely a powerful and super reliable robot available till date. Team Forex Steam seems determined to provide continuous free of cost updates to the traders that help them align themselves with the recent market fluctuations. You can also find 10 years of real live trading proof exhibiting long-term success and substantial gains.
Forex Fury is currently accessible in 2 versions including the normal and the Lite version. Lite version is particularly popular amongst traders as it has been upgraded for more than 60 times within the 5 years span. Installation is a no-brainer too and it takes just a few minutes to setup Forex Steam on your system. The most attractive thing about Forex Steam is that it offers 30 days money back guarantee to the traders, which itself is an assurance that the team is fully confident about the results and their trading strategy.
Because of its proven and customizable settings, Forex Steam is popular amongst beginners as well as experienced and professional traders. The accessibility of multiple licenses is an added perk as it enables traders to do proper testing. There are different setting options available to the users too. For instance, traders can change take-profit settings, news filter settings, currency pair settings or hedging settings to make them aligned with their own trading style.
Also, traders can have demo accounts to test different settings besides their fully functional live account. While the settings provided by the developers promise to deliver great trading results, experienced traders can also optimize their winning streaks by personalizing the strategies. For example, they can lower down TP or use trailing stop feature to increase their win ratio.
Forex Steam offers some great features to its users including:
Advanced News Filter
If you’re a true fan of advanced news filters, you would be happy to know that it has been introduced by the Forex Steam. Because of this feature, the robot is capable of giving multiple wins and that too without much human contribution.
PIP retrace is another great feature offered by the Forex Steam EA that protects traders against prominent market fluctuations and price shifts.
Advanced Holiday Filter
This specific feature restricts software to trade on specific holidays (noticeably, the market condition is extremely unpredictable during these days) to minimize the chances of loss.
Breakeven and Trailing stop are features that come inactive by default and can be activated by the trader to establish a personalized trading strategy. These features help traders in the decision-making process. Once a trader activates these options, the entire risk-reward ratio shifts completely.