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Forex BackPanter
 
Tested Result: testing
Forex BackPanter
 

Updated: March 2010

Profitable: 5/10

Easy To Follow: 5/10

Honest Result: 3/10

Support: did not test support

Bonus Value: /10

Results: 2/5

The Good: Nothing good.

The Bad: Red flags on the website, bad backtest on GBPUSD

 
 

Forex panter website looks like one more junk $97 robot to me. The website has too many red flags. For example main proof "live traded account" is not really updated in real time. Just compare the time. The updates were stopped 2010 February 5.

All other claims like "$186,221.40 in NET profit!" also don't have any proof. Seems developers do not trade it at all. No links to Mt4stats or MyFXbook are shown as well.

Update: here are some backtests:


BackPanter Backtest on EURCHF


BackPanter Backtest on GBPUSD

However long backtest shows total failure:


BackPanter Backtest on GBPUSD

 
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Forex Risk Disclosure. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.