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I’ve tested dozens of forex EA’s over the last 10 years, but none of them have performed as well, or stood the test of time like GPS Forex Robot 3.
This is my full review of GPS Forex Robot 3. If you buy GPS Forex Robot 3 through my link then I provide some free bonuses, including some exclusive broker packages, my own settings for the robot, a complete set-up guide (ideal for beginners) and more!…..
Latest Update: June 2021 – This robot is still trading extremely profitably (see verified trading results below). However, I’m making MUCH more profit with an investment called Yieldnodes.
>> EARN UP 19.2% PER MONTH WITH YIELDNODES! <<
GPS Free Bonuses
I’ve put together some fantastic bonuses for you if you’re keen to buy GPS Forex Robot 3 after watching/reading my review. You don’t need to open a broker account through me in order to qualify for these free bonuses, however I DO ask that you kindly buy GPS robot through THIS LINK.
To claim your free bonuses after purchasing the GPS robot then simply contact me and I will send you all of your free bonuses, including…
- My exact settings for the bot, which have been very consistent and profitable for me so far.
- Send you a copy of the bitcoin profit secrets ebook. This book is ideal for beginners who want to learn more about cryptocurrency, as well as explaining some great ways of making high returns from your crypto.
- A full setup video where I record the entire process of getting this robot set up – from setting up a VPS to installing MT4 and setting up the bot the right way! I did this to make sure that you get set up quickly and easily, even if you’re a complete beginner!
>> Buy GPS Forex Robot 3 Here! <<
After you purchase the bot please make sure you email me and request the free bonuses.
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 over 65%. As I researched the bot 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 once you have them the bot seems to run much more smoothly.
In this image you’ll see some past performance of trading with the standard settings….
These are the Myfxbook results from the very first demo account I set up to test this EA. Notice how stable my results have been since February 2020 when I got the settings just right.
I’ve tested the bot with various brokers and I find FXChoice to be the best for me. After moving my license around between brokers for while, here is my live account with fxchoice;
>> Buy GPS Forex Robot 3 Here! <<
Brokers
The GPS Forex Robot will work with just about any broker. However, the developers suggest using leverage of 1:200. Most brokers who offer this much leverage are unregulated and can be hard to find (especially for those living in the USA). Here is a list of brokers that will offer 1:200 leverage (and the countries they will accept);
LQDFX – Unregulated but accepts customers from the USA
FXPrimus – Leverage up to 1:1000 but does not accept customers from USA
Roboforex – Up to 1:2000 leverage (does not accept USA)
FXChoice – Leverage up to 1:200
Frequently Asked Questions About GPS Forex Robot
- 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.
- 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. - 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 member’s area of the GPS website. Also, in MT4 check if you have any error messages under the EXPERT tab at the bottom. Any issues with the EA will be reported here. - 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. - 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). - 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. - 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. You can contact me if you’re not sure which broker you should use and I will try to help.
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 share the facts about this EA as well as describing my own experience of running the bot for over one year now.
See my post “Forex Flex EA Review”
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 member’s 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 many 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 member’s area FAQ, or my FAW’s above. Hopefully, you won’t need their support anyway, but if you do, don’t expect a swift response.
Brokers
The GPS Forex Robot 3 will work well with any broker as long as they use MT4. Different brokers have very different services 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 have used GPS forex ea with multiple brokers, including FXChoice, FXPrimus and LQDfx. The suggested leverage for running the bot (according to GPS developers is 1:200 so your broker needs to offer this.
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 member’s 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 how 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 exceptionally good profits using the GPS Forex Robot 3.
My full trading history is published here – https://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 8% 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. You should always remember that forex trading is high risk though, and your capital is at risk.
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 552.91% 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. My trading results so far have been excellent and consistent.
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/
If you enjoyed this review you might also like our Yieldnodes review
I’m Jon, owner of Trade Wise at https://tradewise.community/ and https://www.youtube.com/channel/UC7VmOx8DbvX4Rbrac2pPcjw
I review forex and crypto trading products and services to find the best of what’s out there for creating a passive income without becoming a full-time trader.
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.
Hi John. Yes I was having difficulties verifying the myfxbook results but it’s live for all to see now.
Getting the same error message now.
Hi, please can It work on Samsung Galaxy A20s
I wouldn’t run it on a phone. VPS is best
U mean vps will help run it on phone ?
Hi John,
I am going to try GPX Forex Robot 3 and use your link and I am very interested in using your settings, how do I get them Johnathon please?
You just need to email me via the contact us page after you buy it and I’ll send over all of the bonuses I list in the review above.
Hi Jon,
if we buy using your link, how will i know if there’s an update to your setting?
i dont think so that you will email us one by one right?
regards,
Tesa
Please email me via the contact us page and I’ll send you the bonuses. Thanks
Hi Jon, love the content… would love your bonuses and want to support your continued efforts in whatever way I can.. unfortunately for me perhaps I purchased the robot then subsequently found your review and channel. I did want to sign up for a robot friendly broker and would be quite willing to use a link you provide to ensure your just compensation.
Thanks,
Kerry
Hi Kerry,
Please mesage me via the contact us page and I’ll send you my settings.
so what size of a minimum amount if i want to use this robot? 100 usd or 200 usd is it still work?
There’s no minimum investment for the GPS ea, but your broker may have a minimum deposit size.
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
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!
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?
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
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…..
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.
I have bought this,gps robot 3, over 1week now, i didn’t know how to set it up or install it to my mc book, and I also have vps. I need urgent help. how to get this working for me, I have bought it and received the Link but I am a novice at this. kindly help.
As stated above you just need to email me via the contact page to request your free bonuses, including my complete setup guide
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
Thanks a lot, I sent over the bonuses to you via email. Happy trading!
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.
Also, can you share your current full results for the month of May & June. Your last report was partly month of May
You can see the trading history here – http://www.myfxbook.com/members/TradeWise1/trade-wise-gps-ea/6186094
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
Hi Jonathan, have you ever taken a look at Worldmarkets AI trading, they claim 21% a month. Too good to be true?
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
Hi there
Will this robot work on Plus 500 , i have an account set up with them for two years now ?
Thx
I’m not sure to be honest. Do they offer MT4 accounts?
Hi Johnathan, have you heard of Forex Flex EA? Your kind opinion?
Yes, I’ve owned Flex ea for several years. I will be putting a full review on my Youtube channel in due course, but basically it isn’t very profitable and requires quite a lot of ongoing maintenance. It’s highly customizable though so I kinda like playing around with it, but I prefer GPS.
Hi John,
I am interested to get your settings for this robot, but i want to use my own broker XM as i dont trust other broker. Can i still get the bonuses you mentioned (especially the the robot settings) from you after purchasing the robot via your link?. Thanks
Yes of course, Rezo. Just email me via the contact us page once you’ve purchased the bot and I’ll send you all of the bonuses my friend.
Hi Jonathan,
Thank you for sharing the info about the bot. What is your current DD is you don’t mind me asking? I was looking to purchase the bot but most of the bots that I have tested have had the worst DD. Also, can one do a backtest as well?
drawdown on the GPS robot is extremely low since I changed the settings in February. It’s like 1% or something crazy. Check out the Drawdown tab on myfxbook page and see how DD just disappears once the settings were tweaked.
Hi,
I was going to buy Forex Fury when I saw your review. Thank you very much for saving me from wasting my money.
I’d like to buy GPS Forex Robot, use it on MT4, and VPS at Oanda.
Will all this be Okay?
I’m waiting for your response.
Regards,
Samuel
You saved yourself some wasted money on forex fury then Samuel!
I haven’t used Oanda before but I’m sure that’s fine as long as they have MT4. Don’t forget to email me once you buy the bot so I can send you all the bonuses!
Hello. Just a short input.
I also trade on Oanda , they do not allow hedging so you may run into some problems there.
yes they seem to be the only broker it doesn’t work well on.
Hello Jonathan,just bought the EA, Love your vids and contents, can you share your recent fxbook and profitable settings with me. is it still profitable through this pandemic and recent event?
Thanks a lot Albert. I emailed you all of the bonuses. The myfxbook link is always live on this page by the way – you can monitor my trades as they happen to check my results and also make sure your bot is working correctly.
I know the bot comes with 4 EA’s for 4 different pairs, can you run the 4 EA’s at the same time with the one purchase of GPS Robot?
Cheers,
Paul
Yes you can Paul. The license is for 1 MT4 account, and you can easily run 4 different currency pairs/bot in one mt4 account – that’s what i do.
Do you keep the currencies unrelated? e.g. (EUR/USD and GBP/AUD) instead of (EUR/USD and GBP/USD) just wondering how best to pick charts…
GPS will show you which pairs to use, and I show how to set them up in my setup video.
Hi Jonathan. I am curious that why your setting can be better than the original designer. Supposedly, the designer has conducted a lot of testing to find out the optimal setting. Have you shown your setting to the designer and any comment from him? Especially, the negative side of your setting comparing with the designer’s setting.
Thanks!!
I am bit curious about this too, but ultimately i think it comes down to potential returns. The default settings are more aggressive than mine. They do work but the results are more volatile with a higher drawdown. My settings “tame the beast” as it were, and get it to trade slow and steady. This means I can totally forget about the bot and let it do it’s thing while I get monthly returns on complete autopilot.
Hi-
You mentioned Oanda would be fine to use. However, US traders cannot hedge there. Doesn’t this EA require hedging. Thanks so much.
Hi Dean. Thanks for sharing your comments about Oanda. I haven’t used them personally, and I think most people in the USA are using FXChoice because the bot works seemlessly with them. The bot does use a hedging strategy but might still work on Oanda. I’ve never tested that broker so I couldn’t say for sure. If in doubt I would suggest using FXPrimus if you’re outside the USA, or FXChoice from USA.
Hello Jonathan,
thank you for sharing your knowledge and experiences with us for free.
I have just downloaded the BOT from your link above, could you please send me your set up and bonuses?
I also wanted to ask you if you can suggest me any good Social platform similar to eToro which is unfortunately unavailable from Japan (not Zulu tho).
Hi Berni. To get all of the free bonuses just go to the contact us page and message me. I always respond to messages within 24 hours with all of the free bonuses for GPS ea. I do reviews of other platform and if you sign up for my email list on the hompepage I provide a good social trading platform that very few people are aware of.
Thank you so much
My pleasure, Alouis. I’m glad you like my GPS forex robot review!
I have signup with you but have not received your sittings o the GPS FOREX ROBIT as promised
Wyman you just need to email me and I’ll send you the bonuses for the GPS bot, including my full set up guide.
Hi Jonathan,
I have downloaded GPS EA from your link above.
Could you please share your set up settings and also what you would recommend as a good starting investment?
Many thanks!
I emailed you with the settings etc, so you’re good to go!
Hi John
Is this the only account you are running for gps forex ea ?
The myfxbook link says it is a demo trading account.
Are you trading real money with it at all ?
Thanks
Carl
Hi Carl, I’ve been running a live account for many months now, but I’ve moved broker 3 times so the trading history is very disrupted. I’ve recently moved to FXPrimus and I intend to stay with them for a long time because I’m making much larger profits with them thanks to their deposit bonus. I will always keep the demo account live on myfxbook, but I will also be sharing my live account on myfxbook very soon too as the returns are even higher than on the demo account.
hello, any update on your live account? I really want to start but am very hesitant.
I’ll have my live account setup and verified on myfxbook within the next few days. It won’t have a huge amount of trading history at first, I only just got it set up with FXPrimus, but I’m more than happy to share it and you can see how well a live account performs even with conservative settings.
Hi Jonathan, thank you for your info and review. Interested in buying GPS Forex Robot through your link. I have one question…when a profit is made will it then add to the account so it is accually compounding? Example…you start with a USD 100 investment and you make USD 10…will those USD 10 add to the account GPS Forex Robot is trading? Complete newbie here…Thanxs
Reagrds,
Brian
Hi Brian. Yes, the bot will automatically compound for you using my settings. Just set it and forget it!
Hello Jonathan,
please send your info & bonusses to me.
Just bought GPS Forex Robot through your link…email: contact@datasignz.nl
Regards,
Brian
Hi, I bought the GPSRobot using your affiliate link. Could you please forward me the EA settings.
you just need to email me via the contact us page and I’ll send them right over to you
Just got this setup yesterday. How long does it usually take to make a trade? Pretty sure I did the setup process properly.
It will only trade a few times per week on my settings, so leave it for 2-3 days and if you don’t get a trade then there is probably something wrong. Some people expect the bot to trade all day long, but that just increases risk. The best thing to do is just let it trade every now and again when there’s a strong signal, and the returns for doing this are still extremely high (up to 30% return some monnths!)
Hi Jonathan,
I have downloaded GPS EA from your link above.
Could you please share your set up settings and also what you would recommend as a good starting investment?
Many thanks!
Hi David. I emailed all the bonuses over to you, including the setup video etc.
Hi Jonathan,
I’ve just bought GPS bot using your link on this page, please send through the latest settings, set up video and bonuses. I understand from your latest video, you’ve just adjusted it slightly.
Thanks
Salar
Yes that’s right. You just need to email me via the website (contact us page) so I can send over all the bonuses.
Your review & guidance is very nice, amazing, thanks lot to you, now I am very intrested to buy the bot
My pleasure. GPS Forex Robot 3 so far has been nicely profitable and low DD for this type of thing, as I mention in my review.
I would love to get license for at least two live accounts, does it mean I’ll have to purchase the bot twice?
You can test on as many demo accounts as you want, but you need to buy a license for each live account yes.
How do you get more profit with your setting? do you increase the lot?
I explain how to get the most out of the GPS forex robot as part of the bonuses – I filmed a video specifically on setting it up and how to increase profits if you want to take a bit more risk.
whats the leverage for the for robot? and type of account with FXChoice especially for $100
you can use whatever leverage you want for GPS Forex Robot 3, but the developers suggest 1:200
In my previous comment, I said I was looking forward to your live account trading using this bot. I just realised you had already posted it here. It looks impressive.
Thanks for sharing. I will contact you again when I purchase the bot.
Yes it’s live now Kenneth, I’ve made great proftis on my live trading in 2020 using various brokers, but FXPrimus gives it an extra boost with the 100% deposit bonus
Hi Jonathon,
Also from the UK will it work with a spreadbet account through MT4 for example with IG?
Best
M
Yes it will work on IG MT4 but keep in mind you’re probably trading CFD’s anyway as that’s what MT4 is
Hi Jonathan,
I am intersted to buy this robot and have opened an account with FXPrimus. However, my concerns are the broker’s commission is $10 per 1 lot plus the there’s spread? Do you think it would still be profitable after these charges? Appreciate your response on this. Thank you!
You get a rebate on the commission as one of the bonuses so it’s less comish you pay and definitely still profitable.
Hi,
I purchased the GPS forex robot via your link, I am eligible for the free bonuses (setting, VPS etc.) right?
Thanks in advance
Jaroslav Jakl
Yes you just need to email me via the contact page so I can send you the bonuses
I would like to know if this bot works with different brokers?
Yes it will work with just about any MT4 broker. The only one that seems to be a problem is Oanda, I don’t know why.
Hi, thanks for the review! Do you have a better monthly/annual ROI from GPS Forex Robot or Yieldnodes?
Yieldnodes has a better monthly return so far, but that doesn’t necessarily mean that will always be the case.
Hi!
I bought the robot 2 days ago and been running it on all 4 pairs on a demo account with a $1000 initial deposit.
So far the robot has not done any trade but I have the smiley face at the top right corner and the settings seems to be correct.
Is this normal? How long time does it take for the bot to place a trade in average?
/ Alexander – Sweden
Hi Alexander please note that support questions need to go via he contact us page so I can email you back. Email me if the bot still hasn’t traded and I’ll try to help you.
Greetings sir
I’m bafana Dlamini living in south africa in Durban ,im interested in buying GPS forex robot 3 would it work as im on this side of the country .
It should work with any broker that runs MT4 although doesn’t seem to work on Oanda but all other brokers seem to be fine.
Hi Jon, Just wondering why this robot won’t trade everyday 24/5?
You can set it to trade very day by setting the AutoAnalysis setting to FALSE but in most cases this seems to cause to bot end in disaster so keeping it as per my settings seems the most stable and profitbale long term.
Hi Jon,
What if i would like to increase the speed a little bit. Which indicators should I twist on to achieve this. I’m aware of the risks this brings with this.
There are faster settings you can use (if you set Auot Analysis to FALSE it will trade more aggressively, but everyone I know who tested this ended up blowing their account, so I stick to the slower settings which are more proven and ultimately more more profitable anyway.
Hi Jon,
I bought the GPS Robot via your site about 3 days ago. How do I now get the your settings for this Robot?
Please email me via contact us page.
hi sir on which pairs those the bot trade on??
You can see my trading history on myfxbook, but it’s mostly EURUSD and occassionally it will trade some of the other pairs too.
DO you recommend Forex flex or GPS Forex 3? or anything else?
I can’t make any recommendations because I’m not a financial advisor, but currently I have money with GPS and Yieldnodes.
Hi Jon….does GPS work with IG in the USA? I have an MT4 account with them
Hi Rich it should do yes. You need at least 1:200 leverage though will they give that?
US brokers will only go up to 1:50 leverage, so I guess this won’t work for me. Are there other systems that work with a lower leverage?
Hi, I purchased GPS Forex using your referral code. I sent you an email asking for your settings as promised. By the way. Please continue on uploading awesome content.
Awesome, thanks Ariel. I emailed you right back with the bonuses. Happy trading!
HI John ,
I am interested in GPS Robot , how can i buy it .
Hi Naveed. Please just use the link above and email me once you buy it so I can send the free bonuses. Thanks
Hi,
I have purchased GPX Forex Robot 3 using your link. I am very interested in using your settings, Kindly send me the details.
Thanks
Hi Samson. I responded your email. Thanks
Can a US client use this bot as we are limited to a 50:1 leverage?
I’m considering Forex.com or TD Ameritrade as brokers, are either one reliable for these bots?
Thanks!
The suggested leverage (according to GPS ) is 1:200. It might work fine on 1:50 but I haven’t tested it at that level.
Hi,
I bought the GPS Robot via your site . How do I now get the your settings for this Robot?
Samson
Hi Jon. Great review there.
Quick question.
With this GPS Robot, given Im gonna use your setting IF I purchased one, would our trades be identical? Or would it adjust to the price according to the mt4 of the broker Im in?
Hi Vick. You would get the same trades but not the same profit per trade, as that’s determined by broker fees, spread, pricing etc.
Hi Jon
I am from Singapore and the brokers here only allowed everage of 1:20. ie deposit of 5% as directed by the regulator.
Can the gps robot 3 work with this low leverage?
Thanks
Suggested leverage is 1:200. I don’t know if it would work on less, sorry
Try IC markets. I have been using them with 1:500
Thank you for the wonderful review.
I ordered a GPS robot by following your link. Please ask me how to set up your setup and settings.
Sure no problem. please just email me and I’ll send you the bonuses
Hi Jon
I’m preparing to buy the GPS Robot from you. I see two accounts on myfxbook one in profit and another sitting on -12% loss and this happened in both September and October. Are these accounts using the same settings, whats the cause for these losses? Looking foreward to receiving your feedback.
Given
Hi Given. I discuss that live account on my Youtube channel – look for a video about the reversal trade.
Hi Jon,
Thanks alot for your review, I have been researching on this GPS forex robot 3,
I wanted to ask what an ideal spread, broker fees and etc. would be considered as good deal from broker for me to be using this GPS forex robot 3 and have a good average net profits,
Hi Josh. Yes you’re absolutely right – the GPS forex robot is good with the right settings, but people get greedy and force the bot to trade aggressively, ending in disaster. I try to explain that this was my experience too, and since I got the settings just right the bot has worked well. As promised in the review above, I share my settings and setup video for anyone that buys the bot through my link. Thanks!
Hi, I have been doing at lot research looking for a long term, profitable and sustainable EA bot system. I have read and watched dozen of reviews and the GPS seems to come back positive from a number of parties. However one thing I have concluded from my research is that the settings is what makes or breaks this particular bot. Please let me know how I can get access to your setting. I am ready to buy.
Hi Jon
Are you able to add funds to this each month as you go or must it be a lump sum?
Thanks
Jim
Sorry and perhaps a more pertinent question, are you able to lose more than your initial deposit with this? Like in a worst case scenario? What happens if your balance goes below zero?
Thanks
Jim
Anyone in the US try this? Does GPS work?
lots of people in the US using it and having success yes. The only issue I know about is Oanda broker does not allow this bot
Hi Jon,
Just curious…you mentioned that your DD now is ard 1-2%? With that u r getting ard 10-13% profits?
Can I set it to abit more DD just to get more profits or there were problems trying to achieve that?
I really wouldn’t suggest doing that. Normal trading has low DD but the reversal trade has a much larger trade and this is where the risk increases quite considerably.
Hi Jon! Can you use GPS Forex Robot 3 from Android phone, I’m using Samsung Note 9 & Z fold 2. This means can MT4 be used via Android with GPS or is it best to use a Laptop.
I don’t think it will work on a phone
Hi Jon
I have opened an account with FXPRIMUS through your link. I am almost ready to buy the Gps robot through your link. However, I am a bit concerned whether I can link it to my MT 4 account as I know next to nothing about mt4 though I am eager to learn. Would you be able
to guide me to the set up until it works.
Thanksp
Please email me via the contact us page and I’ll send you a setup video. Thanks
Hello Jon,
Are your configuration settings likely to change over time?
I doubt it (they haven’t changed in the last year) but I can’t say it’s impossible they won’t change. I discuss anything I’m doing in my monthly updates though so I’ll share any settings changes in those updates.
Hi..
Does the robot make the trade for you?
Or do I still have to buy or sell the trade myself?
If I download the program to my laptop do I have to keep it continually running, can’t log it off?
Cheers
It runs automatically so no need to step in and do anything. Yes, the bot needs to be running all the time 24×5
please am interested in the robot, but my problem is that i have lost huge amount of money in the market , so i want to be sure that the robot wll not cause me more loss.
GPS forex robot has been working great for me, but you need to understand that it’s a high risk trading so no one can make promises that you won’t suffer more losses. If you can’t afford to risk some losses then you need to invest in something with a capital guarantee.
Hey – bought through your affiliate link and requested the settings earlier this week, how do I get access to the bonus content … please ?!
Message me via the contacts us page and I’ll send you the bonuses. Thanks
Dear Jon
I tried to purchase the bot through your link on several occasions:-
http://2spoons.gpsrobot.a.clickbetter
It didn’t work . Could you provide a proper link where I can purchase through your link and get the right settings and bonuses from you.
Thanks and best regards
Henry
That is the correct link, so not sure why it hasn’t worked for you unless maybe your browser is blocking it? It’s working fine for other people
Your live account GPS FXbook is showing pretty bad trading history, that’s a bit of a concern as is the GPS website reads like a early 2000s sales funnel for some get rich ebook package written by Billy Mays. Just worrying this is an affiliate link squeeze, seeing live account history would be great?
I’m very transparent about my entire trading history. My demo account and one live trading account have gone great (as you’ll see on myfxbook), but the account you’re referring to was an issue with the broker. I keep it live to be transparent and discuss it in this video too – https://www.youtube.com/watch?v=Ax8ooveXnH8
Hi Sir,
I have bought the GPS v3 about four weeks ago and I set it on EUR/USD H1 $100 with FXCM broker but I have made $9 worth of profit. could you please help me
Thank you
Mazin Bakous
Sounds like you make 9% profit in a month which is awesome!
I would like to know more about this robot. I am really new in this domain. Is it possible to by this robot via Litecoin or any other crypto currency? What is the meaning of VPS, FPA, EA and MT4. It sound ridiculous but I am a learner and want to buy this robot at the end of the day. Thank you for your highly appreciated assistance.
I think it’s just purchase with credit card.
Hi Jon, so far this is the best independent review of a bot. I’m a newbie in ccy trading, just signed upbeith a broker. Will it work with ETFinance which has a 1:300 leverage? Also, what VPS would you recommend? May I also know the bots profit factor? Lastly, have you heard of ROFX which claims to have a drawdown of 0.35% and a profit factor of 5.94? Could you also do a review of ROFX? Thanks for your blog.
Hi Benjamin. GPS developers suggest suing 1:200 leverage so your broker should be fine. I don’t recommend any particular VPS, they’re all quite similar really. Check my February update video for ROFX I think it’s a scam.
Hi Jon,
I bought the GPS Robot via your site about yesterday. I have emailed you. Still waiting for your settings for this Robot as well as other bonuses?
thanks
Thanks Jeff, I emailed you the GPS forex robot bonuses just now.
Hi Jon
Like Jeff above, EA purchased via your link and wouldn’t mind to have a look at your settings please.
Cheers!
Please send an email using the contact us page and I’ll email you the bonuses. Thanks!
Email sent, thank you!
Hi Jon,
I received the settings, thanks 🙂
I am deciding which broker to go with, I have read that GPS works best with 1:200 leverage, I already have an account with IC markets they offer 1:500 leverage. Is it ok or should I go with a broker that has 1:200 leverage like FX Choice.
Thanks
Hi Jon. Is it possible to see the last 6 months results with your settings?
Cheers, James.
All my live accounts are linked on this page (myfxbook)
Hi Jon,
Thank you for giving such a thorough and insightful review. I purchased using your link. You have responded promptly to my emails and were helpful.
I finally got the robot setup properly, and this past week it executed its first trade. My $1000 account grew 1.25% in just over 5 hours.
I use a platform that only offers 1:50 leverage. With this lower level of leverage being used is there much danger of blowing my account by adding the three other currency pairs, or should I just stick with eurusd?
Thanks again for all the work you’ve done.
You can add the other 3 pairs but it won’t trade them very often. I only get EURUSD trades most of the time.
Hi Jon, I just wonder before I going to get it. Do I need to have VPS on MT4 to use GPS or it really doesn’t matter. Thank you
You can run it on a dedicated PC or a VPS it doesn’t really matter
Hi Tradewise, thanks for your work and what you have done for your community!
I use this Bot since 1 year. The Profit was unbeliveable high and it worked perfect. On october 19th i got an margin call because the Reversal Trade was 1250 points in minus. Thats a huge Drawdown, when you multiple your initial trade volumen with x7. I think many others does also got in this situation. The bad thing about is, that the Developer is advertising a “small drawdown”. This is not the case. So maybe the review and stars are not so correct for this bot. If you need information about my settings (standard settings from the developers myfxbook) or when the trade happend, feel free to contact me.
Hi Julz yes my bot has also got very high drawdown at the moment as you’ll see from the myfxbook links. Typically it is very low but the reversal trade can create periods of high drawdown that’s for sure.