Happy Fast Money is a product of Happy Forex Family, founded in 2016 and works on the MetaTrader 4 platform. The vendor claims that the system is designed for all types of clients. It doesn’t matter if you are a novice or pro trader, the EA will assist you in generating high profits.
The algorithm comes with free updates and upgrades and a complete user manual. Check our full review for a detailed analysis of this bot’s profitability and strategy.
Happy Fast Money Robot: to trust or not to trust?
The Happy Fast Money is an amazing tool established by the Happy Forex Family. The information about social handles such as Facebook, Twitter, Pinterest, LinkedIn, etc., are provided on the developer’s website. The expert advisor supports ECN brokers and can be installed easily on your MT 4 platform.
Happy Fast Money comes with the following features:
- Trades on Metatrader 4 (MT4) platform.
- It comes with free updates and detailed instructions.
- A 30-days money-back guarantee is included.
- The robot works on-grid/hedge with trading pairs.
- It’s fully automated and easy to install and set up.
Follow the following steps to go ahead with the program:
- Buy the system from the website
- Download the robot files on your PC
- Open Metatrader 4 on your computer
- Drag the downloaded EA files into the charts section
- Enable auto-trading
The robot works on different currency pairs such as EURUSD, GBPUSD, EURGBP or AUDUSD, EURCHF, and USDCHF on the H1 timeframe.
From the history presented on Myfxbook, we observe that it uses an averaging approach on multiple currency pairs. Each trade has an average duration of 4 days, which indicates that the EA is swing trading the markets.
Happy Forex Family offers multiple algorithms on a single purchase with a limited 30% discount offer. There are two packages for sale. The first comes for an asking price of 299 Euros with two real accounts, while the other offer costs you 499 Euros with five license keys.
The developer also offers unlimited demo accounts, a complete user guide, 24/7 support via email and TeamViewer, and 30 days money-back guarantee.
Unfortunately, there are no backtesting records available with the EA. Live trading stats and records are available on Myfxbook. The vendor put an initial deposit of $2000 and $0 withdrawals. The total gain was 67.34%, with a profit factor of 1.67.
The expert advisor has participated in 1206 deals. Its winning percentage is 72%. The peak drawdown value of the system was 20.97%, which is considered acceptable. The average trading length stands at four days, and the total net profit of the robot is shown as $1346.75.
The live records available on Myfxbook show a low drawdown of Happy Fast Money, i.e., 20.97%. The drawdown trends show that it is stable and isn’t fluctuating a lot which confirms the developer’s claims about the robot’s performance.
The EA is from the family of Happy Forex, who are very open about their privacy. Traders can find the contact details, social media platforms related to the firm, and other helpful information about the vendors from the website. The author also provides live chat and email support to their clients.
Thirteen customer feedback is present on Trustpilot, a reputed review forum. All the traders’ comments are on the positive side. One of the clients praised the success of Happy EAs and recommended it to his fellow users.