The FRWC's Royal Trader is a package of the winning robots of the Forex Robot World Cup competition. It includes the 5 top robots which got the best results on the live trading contest.
If you don't know what the FRWC competition is then you should because it's one of the most intriguing enterprises ever to take place in the world of Forex trading. This is a competition between non-commercial Forex robots whose goal was to increase transparency and reliability in the field of automatic trading. This was a long time coming as scams of automatic robots were plentiful.
The FRWC placed robots on live accounts (not back testing) and let them battle it out for the first place prize of $100,000. Second to fifth places also got prizes, though smaller. The first place robot earned a 145.60% profit in the time of the competition. The FRWC's Royal Trader will deliver to you all the 5 winning robots.
In addition, you will also get the Fusion-V robot which is a special kind of robot, created as a fusion of the very best performing robots of the competition. This robot, which is part of the package, earned 355.46% in 19 Days of Live Trading!
You can trade this combined robot or the 5 individual robots as you see fit. And remember, these are all robots which were trading on live accounts so the results are real.
Fusion-V is the result of another element of the Royal Trader package: the EA Lab. This lab refers to where new ideas and strategies for future trading software will be developed and tested and it is a bonus to the 5 robots. While Fusion-V seems to be very impressive, there's no telling what this Lab will deliver in the future.
In addition to the robots and the lab, the FRWC will hold regular trading webinars and expert interviews to help keep all members on form during their future years as Forex traders. Again, this is an ongoing thing so there are little specifics known, but it seems like this competition has hit a nerve in the Forex industry with people sick and tired of untested or ill-made software. The Forex Robot World Cup was like a breath of fresh air in that respect.
Source : azinearticles
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