Million Dollar Pips Review
Million Dollar Pips has been one of the top performing robots for us and many other sites. The system was created by William Morrison and is an automated scalper robot. As with any scalper, the trades are done very quickly and are looking for a low number of pips per trade. With that in mind, your broker is going to play a critical role in the level of your success.
The robot has had success not only at FXTradingReviews, but also across many other review sites. According to their marketing, they took “$250 to $1,295,161.50 in 1 year never risking more than 2.5% of account equity”.
For 2011, Million Dollar Pips finished the year with over a 6738% gain (with an incredible summer!), here is a link to theirMyFXBook account. We are currently running a live account and you can view the MyFxBook results here.
Million Dollar Pips is programmed to trade on the EURUSD 1M chart with a “tight stop loss to protect your investment”. Million Dollar Pips does not use any martingale strategies.
We are pleased that William Morrison has stayed so involved with the product, as that is not always the case with these robots. We have found him to still be actively involved in the support, which is a good sign.
Million Dollar Pips Claims
- Million Dollar Pips is a scalper offering 24/5 trading
- Based on 5 years of testing using high quality data, with an initial deposit of $250, they ended up with $10,821,556.40 with a max risk of 6.82% of the account!
- Million Dollar Pips is NFA compliant (the NFA is an independent self-regulatory organization and watchdog of the commodities and futures industry in the United States)
Million Dollar Pips Package
Million Dollar Pips offers the EURUSD and USDJPY each for $99. The EURUSD is the robot that all of the results above are reflected. They offer a complete guide and a very simple installation. Finally, Million Dollar Pips also offers a 30 day no questions asked money back guarantee.
Conclusion – Million Dollar Pips Review
Million Dollar Pips is a top performing robot and has been in our Top 5 all year. The results speak for themselves, but be sure to pay attention to your broker as that will have a significant impact on your success.
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