GPS Forex Robot 3 Review – Plus Free Bonuses

  • Easy To Use?
  • Cost
  • Profitability
  • Time Needed
4.9

This is my full (and very honest) review of GPS Forex Robot 3, also sometimes referred to as the “GPS ea”. Watch this video review in full to discover if this bot is right for you…..

Important Links;

>> Buy GPS Forex Robot 3 here! <<

Open an FXChoice Account Here! (FXChoice accept most countries, including USA and Canada) and you get a 15% bonus when you sign up with my link! Therefore the more you deposit, the greater the bonus you receive.

Myfxbook live results from my trading (as shown in the video). Notice how stable my results have been since February 2020 when I got the settings just right.

Free Bonuses

If you choose to buy the GPS ea and set up an FXChoice account using the above link then contact me and I will send you all of your free bonuses, including…

  1. My exact settings for the bot, which have been very consistent and profitable since January 2020.
  2. Reveal to you a very exclusive copy trading service that has a 99% win rate over the last few years and is an excellent low risk investment opportunity.
  3. Send you a copy of the bitcoin profit secrets ebook. This book is ideal for beginners who want to learn more about crypto currency, as well as explaining some great ways of making high returns from your crypto.

My Results With GPS Forex Robot

My initial tests with this robot using the basic settings were profitable, but also did open some losing trades and took my drawdown levels to above 65%. As I researched the bo more and tweaked the settings, the bot became much more reliable, with more consistent profits and very low drawdown. Getting the right settings is hugely important, but you have them the bot will run very smoothly.

In this image you’ll see some past performance of trading with the standard settings….

Once I found the perfect settings (which I’m happy to share with you) the results have been fantastic;

Once I knew the trading was stable and profitable using these settings I have traded with live account (also with FXChoice) and the results have mirrored those I am getting in the demo account.

Frequently Asked Questions About GPS Forex Robot

  1. How Much Does GPS Forex Robot Cost?
    The robot costs just $149 (USD) for a LIFETIME license. This includes any future updates and there is absolutely no rebilling or subscription. You can use it on unlimited demo accounts and 1 live account for this price.
  2. What Is The Minimum Investment Amount?
    There is no minimum investment amount for GPS Forex Robot, but your broker might have a minimum deposit amount for the MT4 account that it’s connected to. You can certainly start with as little as $100 in your trading account if your broker accepts that amount.
  3. Is GPS The Best EA Out There (and are there any other good ones?)
    In my opinion, GPS is one of the best and most stable EA’s out there right now, which is why I use it and am happy to promote it. I am always testing new bots though, and right now I’m testing 7 different EA’s. Hopefully some of these will be good enough for me to share with my audience, but I will always run GPS for as long as it remains profitable.
  4. I’ve Purchased And Set Up The Robot But I’m Not Getting Any Trades. Why Not?
    The robot does not trade every day. Sometimes a few days can go by without a trade (and it doesn’t trade at weekends because markets are closed). However, you should make sure that you have a smiling face on the top right hand side of your MT4 screen, and don’t forget to add your live MT4 account number into the members area of the GPS website.
  5. Can I Use GPS On My Laptop?
    You can run MT4 and the GPS ea on a laptop yes, but you need to be careful that it never goes to sleep. Often a laptop will power down when not in use, even when plugged in, and you don’t want to miss any trades. I use a dedicated pc to run MT4 but a VPS could also be a good solution for you as an alternative to a laptop.
  6. Does GPS Work On Mac OS?
    GPS ea runs on MT4, so as long as you can download and install MT4 then it can be run on various devices and operating systems (including Mac OS).
  7. Is this a scalping bot?
    No, GPS Forex Robot 3 is not a scalping bot/ea. It doesn’t trade very frequently (sometimes not for a few days) but when it does the success/win rate is very high.
  8. Can I Use GPS Forex Robot In My country?
    The robot will work on the MT4 platform in any country around the world. However, not all brokers accept every country, so it’s more about the broker (MT4 provider) than the robot itself. As long as you can find a broker that operates in your country of residence that uses MT4 then the robot can be installed and run with that broker.

Full GPS EA Review

I’ve been monitoring the performance of this bot for about 1 year now, and purchased it in November 2019. Since then I’ve been testing various settings so that now I have a bot that trades my account very consistently and profitably. In this detailed review I will explain why this is possibly the best ea for MT4 right now, as well as revealing some of the less positive aspects of the bot.

Introduction

This forex robot (EA) has been around for almost 10 years and it has certainly stood the test of time. On their sales page you can see that they have various verified trading accounts that have made substantial profits. Not only that, but the accounts have not been manipulated or altered, and some show profits going back 8 years or more (when earlier versions were being released).

It’s important to see various verified sources of a long trading history. Many other forex robots hide their past performance because the bot will suffer huge losses as market conditions change and therefore they can’t show a full history. As we shall discuss, it’s not just on the GPS sales page where we can find a long track record, but their results have been proven in various third party sources. You’ll see as we go through this review that GPS Forex Robot 3 is incredibly good value at just $149!

Members Area

After purchasing the bot, you will be granted access to the members area. This is where you get access to the software and your license. It’s also got additional content such as some FAQ’s some bonus strategies, and tutorial videos. Some of this content is a little dated now, and it could benefit from being refreshed in my opinion. However, everything you need in order to get set up is in this members area, and some of the bonus content is helpful for absolute beginners who know little about the forex market.

Support

From inside the members are, you also have access to their customer support. Although many of my subscribers have purchased this EA and enjoy it, not many people have much good stories to tell about their support! It’s probably the biggest negative of this product. If you need billing support, that can be done through clickbetter (who will have emailed you an order confirmation document). For anything else, you might be better checking if your question is already answered in the members area FAQ, and if you’re still struggling you can contact me and I will try to help if I can. Hopefully you won’t need their support anyway, but if you do don’t expect a swift response.

Brokers

As one of the best EA’s for MT4 right now, the GPS Forex Robot 3 will work well with any broker as long as they use MT4. Different brokers have very different things to offer, and you do need to consider factors such as whether or not they offer free MT4 accounts, where they are regulated, if they accept customers from your country, and the cost of trading (spread and swap rates). I used the broker recommended by GPS Forex Robot 3 in their members area, who is FXChoice. If you sign up for account using this link then you will get some additional free bonuses from me, so it’s well worth considering. I find FXChoice to be very good across the board and their costs for trading seem to be very low, so I have no issue with them.

Setting Up The EA

Setting up this bot on MT4 is very easy. If you’ve already set up expert advisors on MT4 in the past then you will find the process to be the same and only takes a few minutes to complete. If you’ve never done it before though, then installation instructions are provided in the members area. Once you have the EA installed on the currency pairs you want to trade with, you should see a smiling face on the right hand side of the screen, which means you’re ready to trade. At this point you can load my settings if you want to use them (I share my settings free of charge to those who sign up to the bot using my referral link). I explain to load these settings on the free bonuses page, so make sure you contact me so you have access to this page.

Personal Track Record

We’ve already mentioned that on their sales page, GPS Forex Robot shows some of their own verified trading history using the bot. However, I have published my own trading history, and have found other 3rd party proof of exeptionally good profits using the GPS Forex Robot 3.

My full trading history is published herehttps://www.myfxbook.com/members/TradeWise1/trade-wise-gps-ea/6186094

Even during extremely volatile markets, in which most traders were getting wiped out, my trading remained profitable. I have so far averaged about 10% per month and expect the returns to remain consistent now that I have found the best settings. Many investors pay thousands of pounds to fund managers, independent financial advisors, brokers and the like to earn them 5-10% returns per annum. This bot exceeds those returns quite considerably, and is available for a fraction of the cost. This is why the returns are so impressive – and they are yours to keep 100% without splitting them with a broker or paying out huge annual fees.

ForexPeacearmy reviews

There are some interesting reviews on forexpeacearmy for this product. Some of them are from people who clearly gave up on the bot too soon without finding the best settings, but others are from people who have been getting consistent profits, as I have. Perhaps more importantly though, FPA themselves have been running a live test of this bot for many years, and their tests are showing a 536% return! See here for more details – https://www.forexpeacearmy.com/forex-strategies/704/gps_forex_robot

It’s very rare that FPA test bots, and getting such strong results goes to show the quality of this EA.

Conclusions

A lot of people buy bots such as the GPS Forex Robot 3 and test it for a short time before writing a negative review and looking for the next shiny object, buying that and repeating the whole process over and over again. Whilst it’s true that many bots out there simply don’t work in the long term, there’s sufficient evidence with the GPS Forex Robot 3 that it is reliable and profitable. Based on my own positive experiences, I think that anyone looking for an automated way of profiting from the forex markets should seriously consider it. Having tested dozens of useless bots myself, this has to be one of my all-time favourites, and I continue to use it to grow my personal wealth.

I hope you enjoyed this GPS Forex Robot review. If you have any questions please post a comment below. Thanks for visiting.

This review is for https://gpsforexrobot.com/

19 thoughts on “GPS Forex Robot 3 Review – Plus Free Bonuses”

  1. It seems that your link to the personal track record doesn’t work, I’m getting an error from myfxbook:

    You cannot access someone else’s portfolio. If this is your portfolio, please login first.

    Reply
    • There’s no minimum investment for the GPS ea, but in order to make a reasonable return on the investment it’s probably worth starting with $200 or more.

      Reply
  2. Hi Jonathan,

    I hope you are well.

    I have downloaded GPS EA from your link above.

    Could you please share your setup. Plus what was the amount you opened your live account with. Can you share any updates from your Myxbook account.

    Thansk

    Reply
    • Hi Heiki,
      I got your email and sent over the free bonuses. Sorry it took a couple of days, I don’t check my emails that often over the weekend.
      Happy trading my friend!

      Reply
  3. Will you be posting more video on YouTube when you find any real robots? Is this the only one you have tired? Is their any other robot i can take a look at?

    Reply
    • Hi Umar. GPS ea is the best bot I’ve found so far, but I’m always testing more (right now I’m testing 7 bots, of which some don’t look so great but one or 2 look very promising!). Make sure you’re on my email list (subscriber on the homepage) or you subscribe on Youtube so you can see my reviews when I release them. Thanks

      Reply
  4. Hi Jonathan, I took a look at GPS Forex, it would appear to be a scalping bot, with martingale when the trades go negative? Hence the small winning pips, and Large losing trades, and the very high % win rate? New to this, but this seems a risky strategy, as the looses could easily multiply as the lot sizes on the martingale strategy rely on significantly increased lot size and therefore bigger risk profile. Have I read that right? As you can tell a bit new to this, so been doing a huge amount of research…..

    Reply
    • Hi Vincent. GPS forex robot is not a scalping bot and some of the wins can be quite large depending on trading conditions. It also doesn’t use martingale, but instead a hedging strategy that seems to work very well. With martingale, if a trade starts to lose quite significantly, you would continue to back the trade with higher positions in the same direction and therefore significantly increase your risk on the trade. What GPS does is if it sees a clear change in direction for the currency pair, it will hedge (trade in the opposite direction of the original trade) and therefore now trade with the new trend rather than against it. This hasn’t happened too often in my trading history but has effectively managed what could have been large losses into being roughly breakeven.

      Reply
  5. Hi Jonathan

    Thank you for sharing, I had bought the EA through the link with my email add. Look forward to you sending over the files, thank you.

    Rgds

    Reply
  6. Hi,

    I want to purchase this bot through your link but have several questions:

    1) I am in Kenya but want to use my local broker EGMSECURITIES and NOT FXCHOICE. Is that possible. DO all brokers work with the Bot
    2) Will I receive your settings before or after purchase?
    3) How many currency pairs can I set for a small live account of $300
    4) Once the algo is at work, will the account be blocked for withdrawals- Incase I need to.
    5) Can you recommend the best VPS provider to host my server?

    Waiting to hear from you ASAP and look forward to the next step.

    Reply
    • Also, can you share your current full results for the month of May & June. Your last report was partly month of May

      Reply
    • Hi Mwanza,

      Thanks for your message.

      1) The broker MUST use the MT4 platform. As long as they do you should be fine.
      2) After purchase (just message me back)
      3) I use 4 pairs, but really EURUSD is the best pair
      4) The bot has nothing to do with withdrawals. You always own and manage the MT4 account so no problems if you need to withdraw
      5) I don’t use a VPS at the moment so difficult to recommend one but in GPS members area they do suggest one you can use.

      Thanks
      Jon

      Reply
  7. Hi Jonathan, have you ever taken a look at Worldmarkets AI trading, they claim 21% a month. Too good to be true?

    Reply
    • hi Vincent. Yes I have heard of them but I wasn’t able to verify their track record and the minimum balance is quite high at €5,000 so I didn’t look into it in too much detail. I may reach out to them and see if they can provide any verified trading history etc and review them

      Reply

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