Nick's Review on Forex Conductor

I was originally attracted to, and trialled Forex Conductor because it is different to the traditional, fully automated EA. This EA works by attaching a trade copier to MT4. Then a team of "expert traders" look for opportunities across multiple currency pairs.

I only traded this EA for a month before it blew up my account.

The "expert traders" appear to him small targets of 5-25 pips,however they often let a pair go down 150-200 pips before closing. I can see why this strategy worked for a while, but the month that I traded it I had 3 massive losing trades that created a margin call. If you trade small lot sizes and catch a good run it might still it profitable, however I'm not convinced due to the size of the draw downs.

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Current Setting

• Broker:SynergyFX
• VPS:Beeks FX VPS
• Amended From Default:Nil
• Price:$197 USD up front, then
  Period Payment of $48
  per month
• Guarantee:60 Day Money Back
  Through Plimus

• Win