Forex Robots

Happy Fast Money Review: A Multi-Currency Averaging EA

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Happy Fast Money

Happy Fast Money uses a grid hedge market neutral strategy and trades on MetaTrader 4 platform. The algorithm works for both experienced and beginner users and comes with micro, mini, and standard accounts.

Happy Forex is a company that owns different Forex robots. The enterprise has provided evidence of its profile on platforms like Facebook, LinkedIn, Twitter, etc. Users can contact them via filling out the contact us form or sending them a message in the support section.

Happy Fast Money strategies and tests

The algorithm works in the following way:

  1. Purchase the selected product
  2. Press download and get the files into your computer
  3. Drag the files into the chart section of the MetaTrader 4 platform
  4. Allow auto trading

The algorithm trades in multiple currency pairs: EURUSD, GBPUSD, EURGBP or AUDUSD, EURCHF, and USDCHF, and has the following requirements for the deposit:

 

Account type Deposit
Micro 0.01 lot $5000
Mini 0.1 lot $50000
Standard 1 lot $500000

 

It uses grid and hedging strategies and uses limit orders to enter the market. We can observe the use of the swing trading approach from the live records on Myfxbook. This is evident from the average trade duration, which is 4 days. It can have a stop loss and take profit between 10-100 pips. There is no involvement of martingale, which is a plus.

Trading history on Myfxbook

Trading history on Myfxbook

Features

The essential characteristics that the robot comes with are as follows:

  • Easy set up process
  • 24/7 fully automated trading
  • A 30-day money-back guarantee
  • Unlimited use
  • Auto detection of 4 or 5 digit brokers

Backtesting result analysis

Unfortunately, there are no backtest records available for Happy Fast Money.

Happy Fast Money live trading account review

The robot’s performance can be seen through its verified records on Myfxbook from June 21 to March 31. The initial amount deposited was $2000, and the account’s current balance is $3,509.45. The gain ratio is 75.47%, with a profit factor of 1.66. The average win was $3.86, and the loss was $6.09.

The best trade made was $26.13, and the worst was $52.56. The drawdown was 20.97%, with a monthly gain rate of 6.13%. Live states showed a total of 1365 trades were made, out of which 72% were positive, and 28% were negative trades.

Verified records on Myfxbook

Verified records on Myfxbook

Verified records on Myfxbook

Verified records on Myfxbook

Pricing

The purchase comes with two different deals: €299 package (2 licenses) and a €499 (5 licenses) offer. The EA comes with a free update, user guide, installation method, lifetime use, etc. The money-back option is available and is valid for 30 days. Buyers can pay for the order via Visa card, Master card, PayPal, etc.

Payment methods

Payment methods

Is Happy Fast Money a good system to rely on?

The company has a rating of 4.5 on Trustpilot and has 14 customer reviews. One of the user’s comments about one of the Happy Forex products was that the expert advisor brought him a profit of 4$. They are satisfied with the performance.

Traders feedback on Trustpilot

Traders feedback on Trustpilot

Another client states that the EAs work stably and have good performance with outstanding outcomes.

Traders feedback on Trustpilot

Traders feedback on Trustpilot

Happy Fast Money

6

Happy Fast Money provides detailed verified records and comes with a 30days money-back guarantee. Positive reviews are available on a verified third-party forum such as Trustpilot. The algorithm comes with unlimited demo accounts and free upgrades.

  • Trades on multiple currencies
  • Beginner friendly and easy to use
  • Good testimonials
  • The EA provides no backtesting records
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