Ivybot Review - How Does It Compare With Megadroid?

 

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.

 
 

Trade Handsfree With Ivy Bot Automated Forex System

 

Ivy Bot is one of the latest member of a group of automated forex systems that make it possible to trade forex handsfree.

You can now trade forex without having to spend all your time on it sitting infront of your PC. This is possible only with the advent of forex robots or expert advisors (EA) . One of these forex trading robots that has been a hot seller and proven very profitable is the Ivy bot. With the emergence of robots like this, forex trading has undergone a lot of changes.

Ivybot stands over some of the other forex robots as it has been been developed by some of the best brains in the market. It has many attributes that are peculiar to it that make it a very attractive system to use.

The Ivy bot automated forex system trades 4 currency pairs and utilizes individual expert advisors for each of the 4 currency pairs traded to get better results. To overcome the high volatility of the forex market, this Ivybot automated system’s expert advisors are updated regularly to meet the changing market conditions in the forex market. This makes Ivy bot much more reliable as a tool that could be trusted to deliver good results in the trading .

The work of an automated forex system is to place trade on behalf of the trader. They enable hand-free trading possible and can function from any computer all over the world. The Ivy bot automated forex system watches and then places trade for the trader, using certain strategies and parameters that help to execute the most profitable trade while keeping the chances of loss trade minimal.

Ivybot expert advisor works with the strategy and plan set up and sticks to such plans in order to generate the absolute results. It runs 24/7. Besides, this automated forex system offers real life proof and also back tests making it a good one to look at. This is why many currency dealers have resorted to the utilization of this expert advisor for their trading.

With Ivy bot, I find trading forex to be much more enjoyable, stress-free and more profitable. There is now no longer a need to study long hours on currency charts to find trends and good trades. The Ivy bot automated forex system has proven very profitable to me.

 
 

My Experience With IvyBot Automated Forex System

 

Have you ever thought of trading forex using automated forex systems like the newly launched, Ivybot?

Ivy Bot Automatic Forex Software

In times like this when jobs are hard to come by, people start to look for jobs that they can do on their own without a boss and right from home. The internet is the obvious medium for these new income opportunities. For me, I was out of work and needed one desperately to upkeep my family. That is when I realized just how profitable the Forex market can be. There are many stories of people earning big figure incomes allowing them to give up their day job and I wanted to be a part of it.

So I started out determined to learn the trade. I gave myself 6 months which my friends all said was too short a time and impossible to learn such a complex business. But I found out that it isn’t so difficult even for one who is new to Forex. These days you can start making money through using an automated forex system using a trading robot. There are many of these in the market. They claim to be able to make lots of profit for you but there are so many choices that it can be difficult to know which work best or which is a scam.

All these automated forex systems are sold with the promise of making money on autopilot. I tested out 7 types and I found that most of them were not really consistently making money for me and on 5 bots, I lost money instead of making after a few months. This is money that I could have spent on my mortgage payments.

I did persevere though, and finally I found myself making money with my Forex Automoney membership. I was able to pay off all my outstanding mortgage payments and got my kids all the things they needed. I also had money to start trading comfortably and that is when I discovered a new robot that actually worked the way it said it would. After using it for only a short period of time, I was suddenly in the envied position that I had been reading about. I was able to pay for an extended vacation with my family. I now have no more anxiety about looking for a job.

Because of the time that I had for over 6 months being unemployed, I had been able to spend my time testing new Forex systems to find out which are the best to make money. So I kind of become familiar with forex automated systems.

When I was first asked to try out Ivybot, I was told that it was a special one that stood out from the crowd and the most professional Forex Robot to ever hit the market. So I was quite anxious to test it out especially since it has been designed by some of the world’s greatest mathematical and financial geniuses. Ivybot has the Ivy League Graduates behind it.

The Ivybot team claims that in their test, they made $10,000 into $35,439 in 90 days. This is quite a claim and a lot of people would rush to buy into a system that could deliver on this claim. Every product however seems to have a similar claim, and how can I know if the results can actually be achieved?

I guess the only way is to try it out yourself. It was what I did. I am still in the process of testing but after a month, I tell you my results are even better than this. Still I’m kind of skeptical and I will test for at least 5 months before I’m truly convinced.

What I like about Ivybot system is that it comes with 4 bots that are tailored for 4 main currency pairs. I believe this customization helps in increasing the efficiency of the bots. Secondly, the support system and dedication is impressive. One of the problems with automated forex bots are that after a while the profitability starts to fall and that is when the creators have to update and tweak the system a little. This is what the Ivy bot people seem intend on doing - continous upgrading. During the last 6 months of testing, Ivybot has been updated 4 times.

For newbies to succeed in forex trading, support from the software producers is most crucial. Using the ivy bot software is easy but it is how to fully and properly use the system to make money and minimize risks that many robot systems fail.

Just like any form of forex trading, once you have been using a system for a while you probably would want to take a bit more risk and you would need to change your settings to allow your ivy bot to operate at a higher risk setting. In this way, you can see a higher return on your money. But without any support from the software people, you may not know what you are doing and could easily lose money instead.

I have a firm belief that I will still be trading with the Ivybot automated forex system even a year from now. Because of the constant upgrading and long term commitment of the developers, this is possible as this aspect is the most important in any forex software.