Comments on: FRWC’s Royal Trader

By: Runy

Runy — Sat, 26 Jun 2010 15:16:01 +0000

The fusion was working for few days and suddenly, i got crash message.
I sent the message to support team and the reply is not satisfactory.

The experience is very bad with FRWC.
I do not know abt their FRWC II.

They sholud have ethics and should not do like this…mkaing people lose their money.

By: Dave

Dave — Fri, 30 Apr 2010 19:08:00 +0000

FRWC is by far the WORST trading robot i’ve ever bought. It is a system of robots that was just slapped together in a matter of days by people who obviously don’t know how to trade the forex market!
My demo account just went down and down and down!
Don’t believe the “smoke and mirrors” marketing campaign.
I traded on demo for 30 days then requested my refund!

Go buy a $1000 car and deliver pizzas instead.

By: Daniel L.

Daniel L. — Sun, 18 Apr 2010 08:19:41 +0000

Hello Roger!

I agree with you! Well, you may also want to try out Forex Transporter. Daniel.

By: Roger

Roger — Thu, 15 Apr 2010 19:52:18 +0000

Thanks guys for all your input on this site. It is once again a confirmation to me that robot EAs are not the “holy graille” to investing as I had hoped. I have been researching for now 3 solid months, 6 hrs a day since I am retired. (stock investor of over 35 yrs) This mkt. is dangerous, the leverage is frightening and you need to take the $(profits) off the table as you make them or it will collapse eventually. My favorite robots to date are Megadroid, HiRider(advanced version) and Cash Rocket. Good luck to you all. Roger

By: msteve000

msteve000 — Mon, 29 Mar 2010 17:00:32 +0000

Follow-Up: last post was to Sobol1. I had made DEMANDS also. Also had noted that if they were making all these changes to the robots that they should extend the guarantee peiod as it would have changed the product that was bought. They just stated… “We can’t do that”

By: msteve000

msteve000 — Mon, 29 Mar 2010 16:50:43 +0000

Really.
I’m sure I was the first refund given, and on less than 30 days. I became so critical and argumentative on everything I think they just wanted to get rid of me.

(I had posted this in the myfxbook thread).

Responses were delayed or imcomplete or avoided altogether.
The ironic thing thing is I kept saying I wasn’t seeking a refund, just clarification. I had just gotten a morning email on the updates, by the afternoon I was notified my refund had been processed and was in my paypal account by evening.

Very surprised they left the door opened for your return as the policy was you leave and you can’t come back. Sounds like desperation on their part, but heir websites still is closed to new memberships.

Over the last few months I have been buying a few robots (the $97 variety). One has had some wide swings and inconsistencies between different demo accounts, but my best showing is up 33% since 3/11 after giveng back all it’s gains just last weekend. ($1000 account trading .01-.06 lots)

By the way if you are attracted to a particular $97 robot, DON’T buy right away. Click off the site and often you will get a “WAIT! Don’t leave” and you will get a lower offer. Sometimes just that once, sometimes even lower if you try to click off again. Same for the upsells after purchase. So, run through it and come back to the site ans start over.

A final word on FRWC. It was supposed to re-set the standard. It’s just more mediocrity, if that.

By: Yemi

Yemi — Thu, 18 Mar 2010 11:57:13 +0000

I bought the pack and though i think the other robots are crap i believe HI-Rider is High quality stuff. The TP may be small but it is consistent. It will make you money in the long run. I agree with Jeff that you need to test the robot on Demo first before you make a go of it on the live account. I had great hopes for LMD but even during the competition i noticed it was unstable and unreliable. The Fusion had not been tested long enough so i just think u should forward test it and see how it performs.
Finally, never forget that the only thing you can control in FX is your risk. Never go in with guns blazing. Strict MM is the key to ur success.

By: Snobol1

Snobol1 — Thu, 18 Mar 2010 04:24:04 +0000

This is the e-mail from Vendor, think I’ll ever try to go back to those turds again?

Snobol1
—————————————————

Hello,

The refund request for invoice # 51186598 was just updated.
Comments: VENDOR : Full refund ( USD 599.0 ) – Refund was completed successfully. Your robots were deactivated for you. You won’t be able to trade with them anymore.
If you ever want to come back we would like to see you among our clients again and offer the help.
Thank you.

By: Snobol1

Snobol1 — Thu, 18 Mar 2010 04:17:03 +0000

It has finally come, my REFUND is OFFICIAL. I did NOT have to wait those 30 trading days. Those SCAMMERS will see more of this.

Snobol1

———————————–
Dear Sir,

We hereby confirm the refund for FRWC’s Royal Trader Complete Package And Unrestricted Access To The Members Area – Full Version EPS to you on 03/17/2010.

Please see the statement below for further details.

By: koh

koh — Wed, 17 Mar 2010 14:09:42 +0000

this fusion V1.21 still have bugs. on demo account:
volcano buy GBPJPY on 10/3 until today with deposit 100,000 account till today with profit 420 still don’t want to close….cannot understand