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GPS Forex Robot 2 Review

GPS Forex Robot 2 is a Forex robot developed by Mark Larsen and his team. It is claimed to be a safer, faster and more profitable version of his previous robot.

What does the product offer?

GPS Forex Robot 2 is a Forex robot that Mark Larsen developed in conjunction with Antony Kemble and Ronald Kravchuk. It is an improved version of the original GPS Forex Robot. It features a minor overhaul with Mark Larsen saying that the new version is 4 times faster, can trade on more currency pairs, is twice as safe and much more profitable. It also allows sers to set their own parameters so it can be customised to fit your personal trading style.

How does the product work?

Mark Larsen says that GPS Forex Robot 2 (and the previous version) are built on a personal system that he developed for trading. This has been tweaked and refined over the years and this ultimately became GPS Forex Robot and this subsequent update. In terms of this, the details are never discussed which remains an issue for me personally. I don’t see why something can’t be given to help people make an informed decision.

What is the initial investment?

GPS Forex Robot 2 has been made available for a one off cost of $149. There is also a 60 day money back guarantee in place as it is sold through ClickBank.

What is the rate of return?

Mark Larsen claims that GPS Forex Robot 2 will generate a steady 30% ROI which is a very bold claim. To put a dollar figure on it, GPS Forex Robot 2 has created a profit of $232,487.86 since 21/05/12. Even though this started with a balance of $100,000 it is still a very respectable profit.

Conclusion

I am generally sceptical about Forex trading bots, especially where there is no information about how the product works. In the case of GPS Forex Robot 2 this is overridden by the massive amounts of proofing on multiple accounts. Although I am loath to recommend any Forex product, if I were going to GPS Forex Robot 2 would be it.

 

 

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From: Simon Roberts