In my Ivybot review, I’m always asked the question how it is comparable to Megadroid. Ivybot which was released a few months ago, has gained much following among forex traders. The question however is what makes Ivybot special comparing to Megadroid.

Ivybot Review

To me the main difference with Megadroid is that Ivybot has four different robots or EAs which work for four currency pairs. This is not found in most of the automated forex software like Megadroid and Fapturbo.

With four robots, it means you are trading 4 times if you are using them all. So profits may be higher but so are the risks. By itself it does not mean a more powerful software having 4 robots. However, it is more customized for the different currencies.

IvyBot was created for USD/CHF, USD/JPY, EUR/JPY and EUR/USD, while MegaDroid was created for only EUR/USD. This gives a lot more choice to the traders such as when the market is uncertain for one currency pair, another pair may produce much better results. Lately, many traders have switch to less volatile pairs such as EUR/CHF.

IvyBot will have the specific robot for this intended currency pair and can give better results than other software.

Ivybot forex automated software is very user friendly. It is easy to set up. I tried the default setting for 2 weeks and it gave me fairly good results. However, it should be tweaked to meet your own strategies and trading style.

To have an accurate Ivybot review, we would probably need a bit more time. However, IvyBot’s sales have far exceeded the sales of MegaDroid and IvyBot appears to be thriving well.  For me, I’ve received a positive return in the 2 months that I’ve been trading.