Ivybot scam? Let’s dig a little deeper before rejecting it!

by ivybot user

Ivybot Scam?

Hey, I’m finally here with the uncensored review of Ivybot, WITH the hidden facts, and WITHOUT any crap.

Note, this is a review though, if you’re looking for Ivybot’s website, click here.

Why did I create this site? Well, actually I’m hoping that people interested in this Forex method will join the discussion, and sooner or later we’ll be able to make this method better in order to maximize our profits. Because so far, this is quite a slow (but pretty sure!) method of making money online. But if you’ve had any experience with faster methods, you’ll know that faster only means losing money faster…

But keep in mind that this product I’m reviewing is only a month old and I’ve already made enough money with it to pay my bills, so I can only imagine how much we’ll make if we learn to use it better.

So let’s get started. The first question is why is this Forex robot different? There are so many scammy robots out there (in fact I think 99% of them are), why is this one different? Well, there’s a huge difference that might even take Ivybot out of the ‘robot’ category:

Professional traders update it regularly, by which I mean that they help the robot adjust to the current market conditions (read more about it on the official website).

And that’s not all.. Ivybot has 4 different robots for 4 different currency pairs. All the other trading robots on the market today have only one robot that tries to deal with all the currencies (I think there’s no need to mention the poor results they bring because of that).

4 robots in 1

I’ve been into forex for more than 4 years now and I can tell you that I feel so lucky to have finally found a product that’s not a ripoff, with all the mlm/pyramid/online scams on the internet today. They all claim to make you a lot of money fast (“get rich quick schemes”) without having to leave your room (“work at home scams”).

This actually is a “work at home” opportunity too, but the emphasis is on WORK here, because you’ll have to play close attention to the currencies, even though Ivybot will really do everything to make your life easier.

I’m now making about 30-40$ every day (with only 600$ in my forex account) without having to touch Ivybot at all. But in order to get to this level you will have to make time for yourself to learn and get used to the behaviour of  Ivybot, so that you can configure it well. I’m quite certain that it’s possible to make even more than I did with the same account, and that’s why I’m interested in your opinion too. And of course if I had had 6000$ dollars instead of 600$, I would have made 300-400$ every single day. But I don’t want to rush into anything, I’ll test Ivybot a little bit more before investing so much. But so far no scam.

So how did I make this much money with Ivybot so far? There is nothing I should explain here, because you get so much documentation with the product and some of the bonuses are very useful too. Make sure you read everything you get with the software, and take your time with the configuration, because that’s the most impotant part of it. And make sure you test your options before going live. Otherwise you will think it’s a scam.

Okay, now I’m going to talk a little bit about some of the things you can read on the sales page.  Because some of the information can be a little bit misleading and that bothered me. They claim for example that you don’t have to do anything, just sit back and let the robot do everything for you (or instead of you), but as we talked about it earlier, unfortunately that’s not the case. They also say that it is 100% automated. Now that is true, but if you leave Ivybot on for like a week without ever touching it, I don’t think it will bring you as much profit as it should.

They also claim that you can double your money every 30 days. And that looks right! As I said earlier, I’m making 30-40$ every day with only 600$. All together I made 1020$ last month, plus the 600$ that was already on my account, so I closed the month with 1620$, and that’s actually more than twice as much! No scam here either.

So most of the things on the website are accurate, at least they’ve worked for me. Here are the top 10 features of Ivybot:

Top 10 Features of Ivybot

So although my site is named “Ivybot Scam” review, I think by now everyone got it that it’s trying to show the complete opposite. Now remember that Ivybot is only a few month old, so I still have to experiment with it quite a lot. But it has already showed great potential, so I think I can say with total confidence that under your supervision Ivybot is truly a professional Forex trading tool! No sign of scam so far…

As I mentioned earlier, I’m very interested in your opinion on the subject, because I’ve had luck with Ivybot so far, but I’m eager to learn more, because I think we could make this experience even better together. So if you decide to give Ivybot a try, please post your comments under this post so we can discuss FX trading with it!

Click here to read more about Ivybot on their website, and see for yourself that Ivybot is NOT a SCAM!

Never forget: “100% of the shots you don’t take don’t go in”

{ 17 comments… read them below or add one }

joe September 5, 2009 at 4:22 pm

Thanks for this final review of Ivybot scam. No scam after all? I’m going to try it soon. Tnx again,

Joe

Charles Newell September 10, 2009 at 2:24 am

Hi,
I have seen other reviews…all coming up with different “best” robots??????
Do you not sell it too?
Anyway, it sounds prety good to me, and I have looked at a lot of them.
One concern I have is the drawdown, I noticed on their page, listing the performance, they did show a $6,000 drawdown, unless I am mistaken. Nothing was said about that??? That will break you in no time, if its true?? Can you comment on that?

ivybot user September 10, 2009 at 4:00 pm

Hi,

Good observation Charles, I’m glad at least some people take the time to examine something before they rush into buying it (I used to do that too:S).
The initial deposit was 10 000 and the total net profit was more than 18 000, so that month they almost tripled their money (28 000 in the end). But that meant that most of the transactions were a lot more riskier than they should be (in my opinion). So for example what happened was that they made 8000 profit, then they lost 6000 pretty quickly, and then after a few more risky trades they ended up with 18 000. So they lost some, but won back even more.

But I wouldn’t advise you to deposit 10 000 right after buying the robot, I still don’t invest that much (I started with 100), and I don’t do such risky trades (yet).
If you decide to give Ivybot a try, come back to my site and feel free to talk about anything here, cause I’m interested in everyone’s tactics/strategies.
Have a nice day,
Marton

pauley September 15, 2009 at 8:33 am

I’m interested in IVYBOT, even though I’m a newbie at Forex trading and I want to purchase the product. Can anyone tell me how you get the earning from the broker to you bank account? Do you have to have a clickbank authentic code etc…? I was looking at other Forex products where they imbedded an anthentic code from clickbank to recognize the owner (you, the trader).

Pauley

joe September 15, 2009 at 7:32 pm

Hey, I bought IvyBot a few weeks ago, and there were no codes or anything, and I already got some of my earnings straight from the broker. But if you’re really worried about things like that, you don’t even have to use the robot to make the transactions (though it makes your life much easier), you can do it directly with your broker and just use the robot to help you decide.

ivybot user September 20, 2009 at 11:42 pm

No codes, total anonymus usage, not even your broker will know that you’re using Ivybot. I have met other Forex products that do have that code, but they were all scammy, so good question Pauley, but fortunately with Ivybot you don’t have to worry about it. Have a good day,
Marton

Mohamed October 20, 2009 at 8:08 am

Thanks Marton, I feel this is a fair review to this product, and I really feel that this product should be given a fair try. Thanks for your valuable and unbiased opinion.
We shall talk soon.

Mohamed

Levacki October 30, 2009 at 7:37 pm

Hi man. I am very interested in IvyBot. I think I should buy it. Can you tell me do you really earn 40$ per day because it is amazing. If you now how to use that and if you have big capital you can make big money. It is very interesting that you have doubled your money in just 1 month. Please tell me is that true, and I will buy it.

ivybot user October 30, 2009 at 8:36 pm

Hey!
I created this post 2 months ago, I’m now actually making $65-70 a day!!:) Of course if I had had invested more I could have made 10 times this much but I’m still a bit worried about losing money, I’m a very safe player. Yes, it’s true that if you have big capital you can make big money, but first you have to really learn how to use the software, and more importantly find your own way to trade with it. Most people get the robot and start trading almost immediately, and of course they usually just lose money. First everyone should play with it until they are sure they are making CONSTANT profit. That doesn’t mean that you never make bad trades. For example I just looked at my trade stats. for September, and it showed that 61% (!!) of my trades lost money and only 39% won. But the trades I won made me more than twice as much as the ones I lost. So in average I always made profit in the end. I also advise you to read a lot of books on the subject. I’ve read about 20-30 forex books so far and I haven’t found one that was completely useless, every one of them taught me something. The portal in my “bonus” section contains all the book I’ve read so far, but I really think that any forex book is a good start. Hope you succeed, wish you all the best my friend!

Levacki October 31, 2009 at 7:58 pm

Can you tell me the name of your broker ? I m interested in FXopen. Can you tell me what is leverage and what leverage should I use ?

ivybot user November 1, 2009 at 12:09 pm

Hey! I’m currently at Oanda, but any of the major brokers are fine (IBFX, GFT, FXCM, MB Trading). FXopen looks good too, believe me in most cases the broker you choose won’t make any difference, so I’d suggest you go with FXopen if you’re interested in it. If you don’t know what leverage is, read around a bit in my “Useful articles” page. In the beginning I didn’t use leverage at all, and even now I use quite low leverage in most of my trades, but that’s something you have to experiment with yourself.

Euro November 1, 2009 at 10:51 pm

I have question. If you are doubling your money ever month is this true ? If you compound your money every month you can have 1000000$ for 10 months.
1. 1000-2000$ 7. 64000-128000$
2. 2000-4000$ 8. 128000-256000$
3. 4000-8000$ 9. 256000-512000$
4. 8000-16000$ 10. 512000-1024000$
5. 16000-32000$
6. 32000-64000$

ivybot user November 3, 2009 at 3:06 pm

Theoretically yes, but the human mind works differently unfortunately:). When you see that you’ve earned $1000-2000 a month, you’ll probably be afraid to reinvest it immediately, the forex game can be quite tricky. I haven’t been able to do that either, I’m still a bit uncertain about my method, so I’ll wait another few months till I try this kind of strategy. But if you’re able to think like that, maybe you can succeed with this kind of thinking. The other thing is that you won’t always be able to double your money each month. I’m now earning $65-70 a day in average, but I’m investing more than twice as much as when I was earning $40. So this month I’ll probably make the most money I’ve ever made in forex (if I can keep that $65-70 up) but I won’t double my initial investment:
Before:
600$ –> $1620 (more than twice as much) – so I made $1020 profit
Now:
$3000–> $4950-5100 (less than twice as much) – so I’ll make $1950-2100 profit

JB Burgdorff November 7, 2009 at 11:01 am

Alright, I have read a lot of articles about Ivybot. I have read that this is a great tool and I have read that it is a scam. I’ve always been interested in trading but I have been scared to because of the way the market is. As you can probably tell Marton I have no experience what so ever with trading and I was wondering could I benefit from Ivybot? I am really interested in this Forex Robot after reading this article thanks for the review!

ivybot user November 7, 2009 at 9:19 pm

Hey! Definitely, the answer is YES, if…! You should probably read around little bit about forex (for starters I suggest checking out my Useful Articles page, later maybe the forex ebook portal I mention in my review). After that I’m sure you’ll figure out the answer yourself. Have fun!

ivybot user April 14, 2010 at 4:07 pm
Test May 18, 2010 at 11:00 am

Hi

Bye

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