Ivybot Reviewed

guinness · 08-29-2009, 05:31 PM

Hi All,

I recently purchased Ivybot for $149, as an automated forex trader. For those of you haven't read all the hype or used/trialled it yourself, here is a quick synapsis of what it does. Ivybot is forex robot that can trade on four currency pairs. You get a specific bot for each pair. It then trades on those pairs by either buying or selling the primary currency of that pair. It then stops those trades at an internally predetermined point, and hopefully makes a profit from that trade.

Since loading it into a demo trading account, it has made just six trades on one currency pair and none on the other three. Of these trades, it has generated $23 profit against four trades and $460 loss against two trades. Thank God it's only a demo account and not a real account.

Now you could argue that it's just bedding in, and will settle down after a short period. However, I purchased this, shortly after it was released to the public, well over a month ago.

To get support you have to log in to the members' area, which is normal for most products. However to log in to the members' area, you have to go through the sales page. Support is through email only, unless you opt for the premier sale at time of purchase, and it takes some time for them to reply. Possibly from all the support questions they keep on getting. I'm still waiting for a response to my query on why the bots are not trading, or doing their damnedest to lose the funds in the account.

I will be asking for my money back on this one. I also implore you not to waste your own money in purchasing Ivybot if you are considering it. If you've already purchased it, I hope that you have had a better experience than I have.

kelvin yeo · 08-29-2009, 11:43 PM

You might want to post this in a trading forum where it might help other traders. Since the WF is an internet marketing forum, reviews of trading products might not be so relevant to the members here. Still, good to know.

trader197 · 08-30-2009, 03:33 PM

I was looking at Ivybot, this is good to know, thanks for the info.

Zach Booker · 08-30-2009, 04:10 PM

Sorry to hear you're not having any luck with it.

The product is through Digital Products Retailer: Affiliate Program & Sell Online - ClickBank so getting a refund is simple and easy.

Just ask for one.

Has anyone seen the contest prizes for IvyBot? If you make 600 sales in a month you can win a Rolex or 6 grand.

Not too shabby. It sucks that it's not too good of a program though.

Zach

john_kennedy · 08-30-2009, 04:12 PM

donnaforex.com is a good place to learn about forex trading. Between here and there, I can be found!

John

08-29-2009, 05:31 PM	#1
guinness Warrior Member Join Date: Aug 2009 Location: Didcot, Oxfordshire, Uk Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Ivybot Reviewed - Has Anyone Else Been Ripped Off? Hi All, I recently purchased Ivybot for $149, as an automated forex trader. For those of you haven't read all the hype or used/trialled it yourself, here is a quick synapsis of what it does. Ivybot is forex robot that can trade on four currency pairs. You get a specific bot for each pair. It then trades on those pairs by either buying or selling the primary currency of that pair. It then stops those trades at an internally predetermined point, and hopefully makes a profit from that trade. Since loading it into a demo trading account, it has made just six trades on one currency pair and none on the other three. Of these trades, it has generated $23 profit against four trades and $460 loss against two trades. Thank God it's only a demo account and not a real account. Now you could argue that it's just bedding in, and will settle down after a short period. However, I purchased this, shortly after it was released to the public, well over a month ago. To get support you have to log in to the members' area, which is normal for most products. However to log in to the members' area, you have to go through the sales page. Support is through email only, unless you opt for the premier sale at time of purchase, and it takes some time for them to reply. Possibly from all the support questions they keep on getting. I'm still waiting for a response to my query on why the bots are not trading, or doing their damnedest to lose the funds in the account. I will be asking for my money back on this one. I also implore you not to waste your own money in purchasing Ivybot if you are considering it. If you've already purchased it, I hope that you have had a better experience than I have.

08-29-2009, 11:43 PM	#2
kelvin yeo "Work Smart" Warrior War Room Member Join Date: Jun 2007 Location: .sg Posts: 607 Thanks: 33 Thanked 18 Times in 17 Posts Social Networking	Re: Ivybot Reviewed - Has Anyone Else Been Ripped Off? You might want to post this in a trading forum where it might help other traders. Since the WF is an internet marketing forum, reviews of trading products might not be so relevant to the members here. Still, good to know.

08-30-2009, 03:33 PM	#3
trader197 Warrior Member War Room Member Join Date: Sep 2007 Location: , , USA. Posts: 23 Thanks: 1 Thanked 1 Time in 1 Post	Re: Ivybot Reviewed - Has Anyone Else Been Ripped Off? I was looking at Ivybot, this is good to know, thanks for the info.

08-30-2009, 04:10 PM	#4
Zach Booker Advanced Warrior War Room Member Join Date: Aug 2008 Posts: 972 Thanks: 190 Thanked 161 Times in 108 Posts	Re: Ivybot Reviewed - Has Anyone Else Been Ripped Off? Sorry to hear you're not having any luck with it. The product is through Digital Products Retailer: Affiliate Program & Sell Online - ClickBank so getting a refund is simple and easy. Just ask for one. Has anyone seen the contest prizes for IvyBot? If you make 600 sales in a month you can win a Rolex or 6 grand. Not too shabby. It sucks that it's not too good of a program though. Zach

08-30-2009, 04:12 PM	#5
john_kennedy HyperActive Warrior War Room Member Join Date: Dec 2002 Location: Mobile, AL , USA. Posts: 339 Thanks: 84 Thanked 63 Times in 56 Posts Social Networking Contact Info	Re: Ivybot Reviewed - Has Anyone Else Been Ripped Off? donnaforex.com is a good place to learn about forex trading. Between here and there, I can be found! John