Information about Forex Envy
Forex Envy is a system based on statistical probabilities. We have studied the forex market, and through careful analysis we have created an expert advisor that is truly profitable in live market conditions. Forex Envy is one of the few Expert Advisors whose live results match our backtesting results. This is because Forex Envy does not attempt to use “scalping” or high-frequency trading techniques that are unreliable in real trading conditions where slippage, re-quotes, latency, and broker manipulation are common place.
Forex Envy’s primary objective is to take advantage of ranging conditions. We have found that every currency pair forms a unique pattern. Forex Envy uses these unique patterns to create profitable groups of trades that close to form a net gain. Envy will search for the best spots to place trades and the optimal price levels for exit with profit using key support and resistance levels. Our automated strategy has been the result of years of development using over 15 years of high quality historical data to put the odds in our favor. The result is a steady and reliable trading system that is able to adapt to nearly any market condition.
Managing your risk
Forex Envy will keep your account balance growing while you have complete control of your level of risk. Version 4.3.2 offers new tools that will make Risk Management easier and your account safer. Forex Envy users can choose the exact percentage of their capital that they are willing to risk, as well as how aggressively they want to make profits. For example:
If a trader decides he only wants to risk 15% of his trading capital and target 10% returns per month, he can easily set an open drawdown limit to prevent losses from exceeding 15% and choose a trading mode that will average 10% returns per month.
With these new tools every Forex Envy user has the chance of compounding their investment, while setting the maximum percentage of balance they are willing to lose in the event of a worst case scenario.
What is Forex Envy?
Forex Envy is a 100% automated currency trading program designed to run on the Metatrader 4 platform in the foreign exchange market.
How much does Forex Envy cost?
$479.00 includes your first two months of subscription dues. After 60 days you will be billed $39.00 once every 3 months (4 times a year) in order to maintain your membership subscription.
Is installation difficult?
Step by step instructions are provided to insure a smooth and trouble free installation experience. Forex Envy takes only a few minutes to install and load.
What broker(s) do you recommend?
We would like to inform anyone considering becoming a member of Forex Envy that our EA requires very specific account conditions in order to function properly. Bellow you will find a chart diagramming which broker should be used with the level of capital you plan to trade with. $100-$10,000: XM, Tradfort, Profiforex and Instaforex (all these brokers offer pico lots). $1,000-$500,000: Lite Forex, Insta Forex and IBFX AU (these brokers offer nano lots). $10,000 and higher: IC Markets, FX Primus, Synergyfx, Global Prime, Axi Trader, Pepperstone as well as most other brokers that allow micro lots, hedging and leverage of 300:1 or higher. $20,000 and higher: All brokers that allow micro lots, hedging and 100:1 leverage If none of these brokers are suitable for your level of capital we recommend joining our PAMM account, which does not require you to purchase our EA.
How often does forex Envy trade?
Almost all the time! Forex Envy is a very active Expert Advisor.
How much money does Forex Envy make each month?
It is impossible to say exactly how much Forex Envy will make month to month. Our live real money accounts have been producing between 10 and 20 percent each month.
Once I buy Forex Envy will that be the last I hear from Team Envy? What kind of support will you provide?
Here at Team Envy we take customer service very seriously. Our staff is available 7 days a week to assist our members in any way we can. We send out a Weekly Outlook email every Sunday that updates our members on current events as well as what news events to avoid. In our members area we have a forum that Forex Envy members can discuss different settings and strategy. This will help Envy continually evolve and improve with time, as well as keep members in the loop.
How much money do I need to start a live account?
We recommend a minimum of $100 to start a live account. Less can be used, however risk is increased by doing so. Note: If you plan on opening an account with $100 you MUST open your account with XM, TradeFort, Profiforex or Instaforex. No other brokers will work with this level of capital.
I am a US resident... is that going to be an issue using Forex Envy?
If you are a US resident, the first step is to purchase Forex Envy and open a broker account with Profiforex, Finfx.fi IKON FX or any other broker that accepts US residents. These brokers accept US clients and offer conditions where Forex Envy will flourish. If you have a smaller amount of investment capital you will need to join Trade Fort or Profi Forex ($100-$30,000). If you have over $10,000 then Finfx is an excellent broker that accepts US clients.
Are future updates included?
Yes, all future updates to Forex Envy will be free to existing members.
Does Forex Envy work with ECN brokers?
Does Forex Envy work with 4 and 5 digit brokers?
Two live accounts and four demo accounts are included with the membership. All accounts must be in your name. Up to three (3) additional live licenses can be purchased in our Members Area for a total of 5 live licenses per membership.
In fact, we here at team Envy are so sure that in the first 30 days of using Forex Envy you will increase your account balance. If you do not increase the size of your account balance using our system as prescribed, we will refund you 100% of your purchase price!