Live Forex Robot Testing on Real Money Trading Accounts

The only way to test a forex robot's profitability is through live testing on real money trading accounts.

Backtests and even tests on demo accounts have serious drawbacks. They do NOT paint an accurate picture.

Backtest results can easily be skewed through curve fitting, and trades on demo accounts are not subject to order slippage. As we all know, order slippage definitely occurs in the real world and can definitely affect the outcome of any trade.

Forward testing EA's on live, real-money trading accounts is the single best way to determine its worth. Of course, testing with your own money can get pretty expensive.

My site is the next best thing. I risk my own money testing the world's top commercial forex EA's, and post my results live on my website.

I even provide you with my Investor Password to each and every one of my trading test accounts, so you can verify that my testing is conducted on REAL MONEY.

Best of all, the information is FREE. Visit www.Forex-Robot-Examiner.com. No fluff. No lies. Just pure results.

Ever notice an EA that performs exceptionally well on a demo account, only to fail miserably on a live, real-money trading account?

Well, that's because most EA's are scalpers, and scalping strategies depend on two things in order to be successful:

1. Speed of order execution (which affects slippage).
2. Broker trading spreads.

Spreads are typically the consistent between demo and live trading accounts. However, order slippage is another story.

On demo accounts, order slippage is essentially non-existent. How can it be? Demo trading is not real-world trading. When you click buy, you're order is filled almost instantly.

Typically not true for live, real-money accounts. In the real world, market conditions can get really volatile, especially during high-news situations like the NonFarm Payroll release.

In these situations, with so many orders that need to be processed at once, it causes delays in the fill of your order (i.e., order slippage).

For EA's that are quickly in and out of the market, looking to scalp very few pips on each trade, it becomes vital that their order fill price matches or is as close to their order entry price as possible. In other words, the less order slippage, the better.

(And let's not forget, the tighter the trading spread, the better!)

So next time you see an EA running like a champ on a demo account, think twice. Its trade orders are being filled instantly, and now we know that doesn't always happen in the real world.

Happy trading,

Forex Combo System has been added to my live EA testing lineup. So far, so good. My trading account balance is up 12% after only 10 days of trading (please see attached image).

Let's see if this EA can keep it up.

Please note that ALL of the EA's tests on my website are conducted on live, real-money trading accounts. That's the only sure way to determine an EA's credibility. Demo test and backtest results just don't cut it.

To your success,

It looks like my new optimized settings for FAP Turbo are working! It's brought my trading account balance from a loss of -20% in early August back to an overall positive ROI of +40%. Not such a bad turnaround in a little over two-month's time!