Forex Robot ReviewsPassive Income

Happy News Review: Can You Trust It to Do Your Trading?

2 Mins read
7.8

Happy News trades based on economic events that create high volatility in the forex markets. The system comes with regular updates from the developer and does not use grid and martingale strategies. We will be reviewing the product in our article to see if it is possible to maintain any profits.

Happy News company profile

Happy Forex is an Algo trading company that owns different Expert Advisors that deal in multiple currencies. The company is based on a new generation of technology that provides easy access to its customers via simple installation methods.

The EA places pending orders in dual directions. If the economic event positively/negatively impacts the instrument, one of the positions will be triggered and handled by the algorithm. 

From the trading history on Myfxbook, we observe that the robot uses a high take profit of 100 pips with a varying stop loss. Once the position enters the profit, it will start trailing the exit point.

Trading history of Happy News
Trading history of Happy News

The highlights of Happy News

Following are the features offered by the EA 

  • It comes along with a complete tutorial that includes the installation method, user guide, and English version of the product.
  • The robot assures no martingale, no hedging, and no grid.
  • It comes with support for ECN brokers.
  • Each package includes a money-back guarantee (30 days).
  • Lifetime license and unlimited demo accounts are also provided.

The Happy News works on the Metatrader 4 platform and is fully automated. The EA requires a minimum deposit of $100, and Admiral Markets is its recommended broker. 

Facts & figures 

There are no backtesting records present for Happy News.

The live records are available from January 2021 till June 10, 2021. The EA had a total gain of 447.06% and a monthly output of 2.67%. The drawdown value noted was 39.26%, with a risk/reward ratio of 1.24. The current balance of the system stands at $21,375.23, with a profit of $14,608.27.

The total trades done by the EA were 788, with 669 winners and 119 losses. The average win was $113.12, and the average loss was -$513.16.

Live records of Happy News on Myfxbook
Live records of Happy News on Myfxbook
Live records of Happy News
Live records of Happy News

Happy News packages

The EA comes with two different prices, i.e., €299 and €499. Both deals have 30 days money-back guarantee: unlimited demo accounts, complete tutorial, free lifetime update, and 24/7 customer support.

For €299, you will get 2 real accounts, whereas 5 licenses will cost you €499. The company also provides easy payment methods via Visa, MasterCard, PayPal, etc. The developer offers a 30-days money-back guarantee. 

Pricing of the EA
Pricing of the EA

Assistance

The EA provides 24/7 customer support through email, live chat, and TeamViewer.

FAQ regarding customer support
FAQ regarding customer support

Other notes

The company has a rating of 4.5 and has 13 reviews on a third-party website, Trustpilot. One of the traders comments that the robot works great and is beginner-friendly. 

Customer Review on Trustpilot
Customer Review on Trustpilot

Another user states that the EAs are showing outstanding results and work perfectly. 

Customer Review on Trustpilot
Customer Review on Trustpilot

Is Happy News a reliable system?

Happy News has verified live trading results and good customer reviews. The company maintains transparency in its portfolio which convinces us to believe that it is reliable.

Happy News Summary

7.8
Happy News can be used by both professional and novice traders. It comes with a good price and has above average performance stats. The product comes with a 30-days money back guarantee and 24/7 customer support.
7.0

Performance statistics

9.0

Reviews from customers

8.0

Ease of use

7.0

Implemented strategies

8.0

Pricing

Pros

  • +30-day money-back guarantee
  • +Easy to use
  • +Detailed live performance records available

Cons

  • -No backtesting records available for the EA
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