The official launch of the latest commercial Forex robot, Pip Android, is now upon us. According to the developers, it is not due to launch until 9AM EST, which is about 7 hours from now. But I just visited the website, and it appears that you can actually go ahead and order it right now. I’m not sure if that’s a mistake or what. In any event, the price is $127. As mentioned before, I will hold off purchasing at least a few days and see what others think about this one.
One thing about Pip Android that is very encouraging (if it is indeed legitimate) is the live trading results they have posted on their front page. They’ve set up two live accounts (with starting balances of $1,000 and $5,000), and the results are updated every 15 minutes. The $1,000 account has increased its equity to $1,719.78 after one month of trading. That’s an incredible 72% account increase in one month. The $5,000 account is sitting at $6,233.06 for a 24.6% increase after trading for about a month and a half. It appears the $5,000 account has not taken a trade for about a week, so I am not certain if they are still actively trading that account. I am not sure why there is such a discrepancy in results between the accounts. That’s something that will have to be determined after purchasing and getting more details. I did notice that the $5,000 account only took trades on one pair (AUD/NZD) and always used the same lot size whereas the smaller account traded on five pairs and varied its lot sizes. So clearly there appears to be some settings differences in play.
If you are interested in learning more and possibly getting a copy for yourself, click here:
Once you begin to get some results, please let us know how you fare, and we’ll share with our members.
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