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Home Expert Advisors

Forex Olympus Review

by Myfxtools
May 31, 2021
in Expert Advisors
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Forex Olympus
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Forex Olympus is a robot that has a scam copy-past presentation from many fraud advisors released by Lisa Lasker – a person who doesn’t exist. We are welcomed by the main statement – “HOT NEWS: FOREX OLYMPUS IS GENERATING INSANE PROFITS DURING THE CORONA PANDEMIC. Covid-19 forces the market to make extremely powerful price movements that you can use to make a profit.” It’s for people who have never seen Forex before and those who don’t understand trading. Forex markets don’t care about real-life receiving some news that can force the market to grow or lose several percent. 

forex ea chart
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Features

Forex Olympus Features

The presentation is wordy as usual, but we have managed to find some useful details for you:

  • Forex Olympus EA trades fully automatically. 
  • The system can detect Trends. 
  • There’s a unique trading algorithm.
  • We can enjoy several versions of alerts. 
  • The robot includes “three powerful trading modes.”
  • The system doesn’t repaint information after sharing. 
  • There’s 24/7 welcome support. 
  • The minimal deposit has to be from $100. 
Forex Olympus trading modes
  • There are three risk levels. 
  • A moderate risk allows us to work with low-risk orders only. 
  • A neutral risk is the middle between low and high-risk trading.
  • An intense risk grabs all trading opportunities increasing trade frequency. 
Forex Olympus notification system
  • There’s a notification system that has several ways to inform us about trading opportunities.

How to start trading with Forex Olympus

We have to register an account with a broker and deposit it. After purchasing the system, we have to get approval to work on the account. We have to set the robot on the account and start trading with it. 

Forex Olympus price

Forex Olympus costs $129. The original fake price is $429. The package is featured by software, profitable BUY/SELL signals, built-in Trend Power Detector, step-by-step user guide, and 24/7 email support. The price will be increased after 300 members gather. 

Forex Olympus price

There’s an alternative pack that includes a robot for automatic trading. The license costs $228 instead of $757. It provides one-to-one assistance 

Backtests

As usual for these scam presentations, there are no reports provided. It means they don’t care not only about us but also about the system that can blow our account. 

Unverified Trading Results of Forex Olympus

Forex Olympus Trading Results
Forex Olympus Trading Results

That type of presentation is flooded by these fake screenshots. They are fake because, as we could not in the top right corner, nothing is attached to the chart. It means, everything we see is just information that was photoshopped over the chart. It’s another sign that this is a scam. 

Good developers provide at least demo account trading results to prove for us that the system can be profitable and make us richer. There’s much useful data that tells us about win rate, leverage, broker, drawdowns, absolute gain, lot sizes, trade length, profit factor, and so on. 

People Feedback

Forex Olympus People Feedback

We can find some fake feedback on the site that isn’t presented on the web. There’s no page created on Forex Peace Army and Trustpilot. It means they avoid criticism from potential and existing clients. 

Is Forex Olympus a viable option?

AdvantagesDisadvantages
It’s not hard to understand that this software is a scam No team revealed
No strategy explanations provided
No setting details revealed
No risk and money-management advice provided
No backtest report published
No verified trading results shown
Much manipulation during the presentation 
No people’s testimonials published

Summary

Forex Olympus is a scam robot. The presentation is wordy but empty if we talk about sense. It doesn’t include backtest reports, trading results, any explanations about strategy, settings. There’s no feedback at all published on the well-known verification sites like Trustpilot or Forex Peace Army. Summing everything up, we are completely sure that this should be avoided. Without trading results, there’s nothing to discuss. 

forex ea chart
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