Whether you’re a seasoned investor, or you’re interested in getting your feet wet in the industry, traders are always looking for an upper hand in the marketplace.
Since there’s no shortage of different EAs in the market, each claiming their platform offers you the best chance of success, it can be very difficult to narrow the field and find the best EA for you.
Today, we’re going to take a closer look at Forex GOLD Investor, one of the most promising EAs on the market. In our Forex GOLD Investor review, we’ll cover the ins and outs of the program and what you can expect from using this EA to determine if it’s the secret weapon you’re looking for.
Forex GOLD Investor Overview
Forex GOLD Investor is one of the latest products from FXAutomater, one of the industry’s leading producers of Forex robots. Their team brings years of experience to the table and has developed a full portfolio of different Forex tools including EAs for trading in gold, diamonds, currency, and more. They also have several programs designed to spot and analyze market trends.
Even during times of great economic success, there’s always a sense of uncertainty to the markets, and astute investors are always looking for an edge in their trading, and a way to hedge against market uncertainty.
This is why trading in precious metals, and specifically gold, is such a popular market. Some would argue that trading in precious metals is one of the easier markets to get involved with since it can be easier to predict than trading equities.
Considering the bullish long-term outlook on gold, it can be a viable trading option for beginners and experienced traders alike.
According to the folks at FXAutomater, Forex GOLD Investor is the most advanced EA they’ve ever created, and it’s practically a “sure thing.” We’ve all heard that line before, so let’s dive deeper to see if this EA really delivers on its lofty claims.
How Does GOLD Investor Work?
GOLD Investor is a fully automated system that handles all of your precious metal tradings without any help from the user.
Once you’ve set up the program, it can immediately go to work making trades in the market. The success of GOLD Investor is predicated on the logic of the program, which FXAutomater spent years perfecting.
According to FXAutomater, their team has discovered the best times in the intraday trading cycle for buying or selling, and the program trades frequently to maximize profitability. The program has rock-solid entry and exit logic. This EA enters trades based on time and ideal trading scenarios and exits them at the proper time to minimize loss and maximize profitability.
The entire process is fully automatic, making GOLD Investor a truly “set it and forget it” solution to conducting trades. Since the program is completely automated, it isn’t swayed by emotion the way human traders are, which for many can be the key to success.
Since the program is easy to work with, beginner and novice traders should feel comfortable using the software. More experienced traders will find the program is sophisticated enough for their needs, while beginners will be able to jump right into trading without having to worry about losing their shirts on bad trades from their inexperience.
Is there a Money-Back Guarantee?
Regardless of which EA you end up going with, there’s something to be said about the power of peace of mind. Nothing is worse than sinking hundreds or thousands of dollars into one EA strategy only to learn that it’s not right for your needs at all.
Then, you’re out both money and time, and you’re back to the drawing board, searching for a new EA. Fortunately, FXAutomater offers a 60-day money back guarantee on GOLD Investor. This allows you to make trades, track your results for two months, and then decide whether or not the results you’re garnering are worth the cost.
Since GOLD Investor is a fully-automated set-and-forget system, it should be easy for you to evaluate whether or not the software is doing its job up to your standards. Should you find that it’s not performing how you had hoped, contact the company for a full refund.
What Separates GOLD Investor from Competitors?
With so many different EAs on the market, each claiming to deliver unprecedented results, it can be exceptionally difficult to narrow the field and decide on the best one for you.
What differentiates GOLD Investor from the other EAs on the market is its fully-automated processes, lifetime customer support, and lifetime software updates, and we’ll dive into each aspect further in our Forex GOLD Investor review.
Unlike other EAs which are geared towards more experienced investors, GOLD Investor is ideal for anyone interested in training, regardless of their experience or capital. In fact, you can begin trading using this software with as little as $100 to invest. While we don’t recommend doing so, many other EAs require more capital to produce results.
GOLD Investor also includes free customer support and software updates, which are sure to come in handy down the line. The help desk is available 24-hours a day to answer any questions you may have, and free automatic updates are provided by FXAutomater whenever the software is changed.
Plus, they offer a 60-day money back guarantee, which allows you to cut ties with no questions asked if you find that the software isn’t a good fit for your needs.
While many other EAs can offer similar features, very few offer ALL of the features that are available with GOLD Investor; making GOLD Investor one of the most popular EAs that’s currently on the market.
How GOLD Investor Keeps You on Top
Unlike other EAs which merely suggest trades that it believes will provide a high value, GOLD Investor is fully-automated, so it will use its well-developed logic to complete trades on your behalf without any intervention from the user.
The program is the culmination of twelve years of development, revision, and refinement. The development team started by testing all proven investment strategies within the gold market, and then cherry-picking the best performers, further refining them as time went on and more data became available.
The result is a robust EA that takes all of the emotion, speculation, and research out of the equation to offer you a fully plug-and-play option for your trading sessions.
Another major factor that separates GOLD Investor from the competitors is the trading strategy the software employs. This system trades on the XAUUSD, which is a longer-term strategy than what many other robots use. This makes this program less susceptible to spreads, slippage, and other market factors which can ruin your profitability.
What’s Included?
The GOLD Investor EA includes everything you’ll need to begin making trades, with a few additional bells and whistles you’re sure to appreciate.
The crown jewel of the package is, of course, the software itself. This program includes the full trading system which is compatible with every MT4 trading platform. A quick-start guide designed to get you up and running in about five minutes is also included, along with FXAutomater’s new “Vault” money management system.
Rounding out the package is access to 24/7 customer support and access to all updates that are made to GOLD Investor for as long as you’re using the product. There’s also a members-only section of the website, which provides some valuable tips and tricks to help you navigate the Forex market.
The Forex Gold Market
Since the beginning of man, gold has been an asset that’s prized for its inherent luster and malleability. In modern times, investors value gold because of its stability. Gold does an exceptional job of weathering market turbulence and maintaining its value through periods of uncertainty. It also allows investors to hedge against inflation.
While the gold market doesn’t necessarily follow the same strategies employed in other markets, many of those strategies can be successfully applied to gold trading.
For newbie traders, there are a few advantages to trading in gold. For one, it’s usually easier to predict trends and market responses for gold than it is for currency or equities. This makes it easier for relatively inexperienced traders to make smart decisions. At present, the long-term outlook on gold is bullish, which also is an inherent advantage.
That said, whether you’re trading in gold, or using a different investment instrument; it’s easy for beginners to find themselves in over their heads. All it takes is a few bad trades to wipe out your portfolio completely, and it isn’t uncommon for inexperienced traders to lose big and leave the market empty-handed.
Ask anyone who has ever been burned by indulging their fantasies trading on the Forex market, and you’ll probably hear a horror story about how the market is fixed, or the entire thing is a scam.
While that isn’t the truth, it’s easy to see how someone could end up feeling that way. The Forex market is not set up for the inexperienced. The market rewards seasoned pros who are acting on years of know-how and experience.
But as a beginner, how do you navigate the market without experience? There’s an adage in the industry that suggests that your goal as a new trader is to survive for long enough to learn the inner-workings of the market.
Of course, this process takes time, money, and brainpower, and not every trader has the time or energy to dedicate to learning the market, especially at first.
This is one of the reasons why an EA like GOLD Investor is so valuable. Since the program completely automates all trades based on pre-defined logic, this allows beginners to execute trades with the confidence and experience that was only afforded to seasoned traders in the past.
Getting Your Start
As a beginner, it can be tempting to jump right in with the EA that looks best to you, get it set up, and hope it starts working magic. But, if you’re in this for the long haul, this is a strategy that may prove detrimental to your long-term success.
Take your time before diving into the market, and take advantage of tools that can provide you with an inference into how the market works, the trends that are at play, and what other traders are doing.
Even though a platform like GOLD Investor will ultimately do all the heavy lifting for you, you’ll still want to amass as much knowledge as you can concerning the market before you start risking actual money in real trades.
As you begin to feel more comfortable with the market, you should create a trading plan to help govern your decision-making processes. Consider things like your long-term goals and your strategy for evaluating risk. This will help you make better decisions on trades, with or without the use of an EA.
When using an EA like GOLD Investor, make sure you’re intimately familiar with the program and how everything works before you begin making trades. This is critically important since you’ll be placing your trust in the EA to make the right decisions and make you money.
Hedging Your Bets
It can be tempting to jump headfirst into the market with your new EA, especially if you find yourself experiencing some beginner’s luck. You may even be tempted to invest in multiple EAs in hopes of achieving your ambitious investment goals more quickly.
This is a strategy you should avoid, especially if you’re just getting your footing in the market. Instead, focus on learning the ins and outs of a single EA, and use that to your advantage as you work towards your goals.
Place your confidence in the EA you choose, and let it do its job from there. As you get more acclimated with the software, you’ll be able to adjust your investment strategies to ensure that they’re in line with your goals.
One of the beautiful things about GOLD Investor is that allows you to begin making trades immediately as you begin to learn the ins and outs of the market. That way, you can focus on educating yourself while a program designed by experienced and successful investors handles your trades.
Once you’ve purchased the software, you’ll have access to a members-only portion of the GOLD Investor site which offers some resources to help you get your footing in the Forex market.
A Look Under the Hood
Since this EA completely automates the trading process, when it comes time to take a look under the hood, our main focus is on the quality of reporting, which is an area where GOLD Investor truly shines.
The user interface is easy to understand, and it provides all the info you’ll need to track your current trades and the history of past trades.
Within the user dashboard, you’ll find easy to understand charts for growth, balance, profit, and drawdown. It also provides advanced statistics for your trades, with breakdowns by the hour or day, in addition to risk of ruin, duration, and MAE/MFE statistics.
When taking a closer look, you’ll notice that GOLD Investor’s logic isn’t predicated on grid, martingale, or hedging strategies. Robots which trade on these strategies can often be defeated by their own logic. This isn’t a pitfall you’ll be dealing with when using GOLD Investor.
Thanks to the robust and easy to read charting the program provides, it’s easy for seasoned investors as well as beginners to accurately determine their successes, failures, and opportunities within the market.
Customer Support
While GOLD Investor doesn’t offer live customer service, which may be a major caveat for some investors, they do provide exemplary service via email, which many traders have touted as being the best in the business.
Customer support is available 24/7 via email, and the team behind GOLD Investor boasts that all inquiries are answered within six hours, with many inquiries handled in an hour or less, depending on the time of day you’re contacting customer support.
We recognize that this is less than ideal, considering you may need real-time customer support that the program is unable to provide. However, their team does go above and beyond to handle all inquiries via email, which has led to the company’s sterling reputation for customer service.
On the bright side, since the program completely automates the trading process, there are usually fewer situations where you’ll find yourself in need of customer support, compared to if you were using an EA for trend analysis or trades in other Forex markets.
Program Performance
Of course, the most important benchmark of any EA will be its performance. Thankfully, this is an area where GOLD Investor shines.
Since this software is designed for beginners and experienced traders alike, the setup process is a breeze. Simply follow the provides instructions, and you should be ready to begin trading within 5-10 minutes.
Once you have the program set up for trades on your MT4 terminal, the software itself will do the hard work of making trades for you. All you’ll need to do is sit back and track its performance. Thankfully, the dashboard makes that exceptionally easy to do, with charts and graphs laid out in a user-friendly way that makes it easy to understand your results.
As for the trades themselves, the robot makes trades based on specific market conditions and will make trades for you whenever there are instances of certain market conditions coming together. It’s important to remember that the market won’t necessarily meet these conditions daily, so it’s common for there to be periods where no trades are conducted.
Other EAs we’ve looked at have traded with greater frequency, but we appreciate FXAutomater’s approach of only trading in the most ideal of scenarios. While this may result in less profit in the short term, their slow and steady approach suggests greater long-term dependability with less risk.
The robot is trained to operate with any amount of money, so you can invest as little as $100 when you get your start. Depending on your broker, the required minimum may be higher than that, but money won’t be an issue with GOLD Investor.
Keep in mind that when trading the Forex, trading with such little capital puts you at a disadvantage, and limits the potential upside of your trades. GOLD Investor recommends getting started with $1,000-5,000.
Price
Forex GOLD Investor is affordable by EA standards, and there are regular promotions that enable you to save a large chunk of money on the software. It typically retails for $397, but we’ve seen it available at promotional prices as low as $237.
One thing that’s interesting about this software is it’s still available for a one-time price, while many other services have instead gone for a cloud-based model where you lease the software instead of owning it. While each pricing model has their advantages and drawbacks, it’s nice knowing exactly what you’ll pay up front for the product.
The software is backed by a 60-day money back guarantee, so if it turns out that the software isn’t a good fit for you, you’re able to walk away with no strings attached after you’ve evaluated the product.
Pros
- Affordably priced
- Perfect for beginners or seasoned traders
- Free lifetime support and updates
- Not grid or martingale-based
- Great user interface
Cons
- Doesn’t make trades with the frequency you may expect
- Drawdown percentage over 30%
Wallstnation.com Rating:
The program’s creators consist of a design team that has more than twelve years of trading experience. The program designers also claim to have eight years of experience with the development of automated trading programs. This program will allow you to make trades twenty-four hours a day and forces you to stick to your trading plan consistently, based on parameters you put in place. It’s easy to use, comes with some great extras, and it’s very beginner-friendly. It will help free up your time and can make trades based on market conditions and the time frames you put in place. Overall, it’s considered one of the best forex bots on the market, earning a rating of four and a half out of five stars.
