Forex Robot ReviewsPassive Income

Happy Fast Money Review: Is It Wise to Hand Your Trading Over to This EA?

3 Mins read
7.0

Happy Fast Money is an expert advisor that is a part of the Happy Forex portfolio. We have a system that has various features we are going to analyze in this review. 

Happy Fast Money company profile

Happy Forex is a company that has been existing on the Forex market for years. There are the following robots in their portfolio: Happy Gold, Happy Forex, Happy Neuron, Happy Frequency, Happy News, and others.

The highlights of Happy Fast Money

The presentation includes information about the system and what we have to expect from it. 

  • We have a robot that can execute orders completely automatically.
  • There’s a combo of strategies such as Grid and Hedge that can set the account at higher risks.
  • It works with limit orders placed in both directions at the same time.
  • The system trades EURUSD, GBPUSD, EURGBP, AUDUSD, EURCHF, and USDCHF cross pairs.
  • We can work with the robot without previous trading experience.
  • Various types of traders can be profitable with this solution.
  • The only platform to trade is MT4. 
  • The developers allow us to customize various parameters: MinProfit, HedgeAfter, HedgeIncrease, and Setting Hedge.
  • We can enjoy ten extra bots completely for free.
  • The system can be used on the operational systems: Windows 7, 8, 10, Mac OS, and Linux.
  • The account can be the following types: Micro, Mini, and Standard.
  • We should have over $5000 on the balance.
  • The system checks the market conditions 24/7.
  • We should use an ECN account to improve slippages and spreads.

Trading results with Happy Fast Money

Although there are no backtest reports published on the site, the developer shares live trading results on Myfxbook.

Happy Fast Money trading results on Myfxbook
Happy Fast Money trading results on Myfxbook

Happy Fast Money is a trading solution that works on a real ForexMart-based account. The system was deployed on the MetaTrader 4 platform. It works automatically with 1:500 leverage. The account has a verified track record. It was created on June 21, 2021, and deposited at $2000. Since then, the total gain has become 75.47%. An average monthly gain is 6.13%. The total balance is $3,509.45.

Happy Fast Money statistics
Happy Fast Money statistics

The system traded 1365 deals with 16,293.9 pips. An average win is 36.14 pips when an average loss is -51.27 pips. An expected win rate for longs is 69% and 74% for shorts. An average trade length is four days. The profit factor is 1.66. So, this number shows that the system is stable.

Happy Fast Money trading pairs
Happy Fast Money trading pairs

We have only three cross pairs to open orders. EURCHF is almost not profitable – $9.33. AUDUSD is the most traded pair with 532 orders and $895.22 of the profits. 

Happy Fast Money trading hours
Happy Fast Money trading hours

The most traded hours are the European ones. It opens the most orders at 5 p.m.

Happy Fast Money daily activities
Happy Fast Money daily activities

Tuesday (355) and Friday (330) are the most tarded days.

Happy Fast Money risks
Happy Fast Money risks

The robot works with low risks to the balance. It has to lose 56 orders to lose 10% of the account.

Happy Fast Money closed orders
Happy Fast Money closed orders

The advisor works with a Grid of several orders. We can note how the one was lost bringing significant losses.

Happy Fast Money monthly profits
Happy Fast Money monthly profits

The system shows good results this year.

Happy Fast Money packages

We have two lifetime offers. The two-license pack is available for 299 EUR when the five-license pack can be purchased for 499 EUR. The system allows us to be tried on as many demo accounts as we want. The pack includes free updates and upgrades, welcome support, and 30-day refund policy.

Assistance

The developers provide us with welcome and knowledgeable support. So, we can be sure that our trading experience will be smooth.

Other notes

Happy Forex’ profile on Trustpilot
Happy Forex’ profile on Trustpilot

Happy Forex company created a page on Trustpilot. There are 13 testimonials from the real clients written.

People testimonials on Trustpilot
People testimonials on Trustpilot

There are reviews in which people mention that the robots the company sells work fine for them. The traders also claim that the customer support is welcome.

Is Happy Fast Money a reliable system?

Yes, it is. The robot generates stable and predictable profits for a long time. 

Happy Fast Money Summary

7.0
Happy Fast Money is a system that works with two strategies of Grid and Hedge. The system shows that it can make profits, utilizing rough market moves. The presentation informs us about the system performance and features that will be used to make profits. We have a refund policy if we don’t like the robot’s performance. The positive feedback means that people are satisfied with this solution.
7.0

Performance statistics

8.0

Reviews from customers

8.0

Ease of use

6.0

Implemented strategies

6.0

Pricing

Pros

  • +A well-known company behind the service
  • +Trading results provided
  • +A refund policy applied

Cons

  • -No team revealed
  • -No backtest reports provided
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