Happy Fast Money invites you to join hands-free trading, whether you are a newbie or an experienced trader. All that you are required to have is an MT4 terminal and an active trading account. Once you purchase the robot and deposit the recommended amount, then you are good to go. 

The vendor behind this EA is Happy Forex. This is an internet-based company that entered this market 6 years ago. Up till now, they have created Happy Galaxy, Happy Way, Happy Gold, Happy Frequency, etc. Unfortunately, we are never introduced to the people who have produced these trading systems. 

Happy Fast Money: characteristics

We have listed the features of the robot below as provided by the vendor:

  • It supports ECN brokers and works on micro, mini, and standard accounts.
  • It’s easy to set up and trades round the clock.
  • The robot runs on the MT4 platform.
  • It comes with an auto-quotes detection of 4 or 5 digits.
  • If you are working with micro, mini, or standard accounts, then the required deposit amounts are $5000, $50, and $500, respectively.
  • It works with these operating systems: Linux, Mac OS, and Windows 7,8,10.

Currency pairs, strategy, & timeframe

The EA works on many currency pairs, including the EURUSD, AUDUSD, EURGBP, GBPUSD, EURCHF, and USDCHF symbols. The recommended timeframe is H1. 

Happy Fast Money works as a grid/hedge with the aforementioned trading pairs. The main method entails setting buy and sell limits. So, a transaction will be implemented if the price reaches the limits set. 

Happy Fast Money trading performance

Backtest results are missing. While this test might give us an idea of how the EA will perform in the long-term, you should remember that the market conditions change constantly. Aspects that have impacted the market previously may not be relevant under the current market conditions. Moreover, new situations like interest rate, volatility, and volume may generate new inputs for a market’s action. 

Trading records found on Myfxbook.

This EA has an 8 months trading history. All this time, it has managed to earn the user an income of $1297.61, increasing their capital from $2000 to $3297.61. On average, the system makes profits of 0.19% daily and 5.96% monthly. A reasonable drawdown (20.97%) is generated. So, we can conclude that safe trading is implemented. 

Trading performance.

We have 1136 executed trades that have recorded win rates of 68% for long positions and 77% for short ones. The EA generally holds an order for four days. For now, the profit factor is 1.75 with 13586.2 pips won. 

History of trading.

The system has made profits for this account, working with small lot sizes.

How much does it cost?

Happy Fast Money is available at costs of €299 and €499. At these prices, you will be able to trade on 2 and 5 real accounts, respectively. You will also get free updates and upgrades, unlimited demo accounts, a 30-day refund policy, and a user guide. 

Reviews from customers

Although there are plenty of positive reviews on Trustpilot, no one has come forward to comment about Happy Fast Money. Nearly all clients look for feedback and recommendations prior to choosing a product. They do this because it assists them to develop trust and filter out vendors with a bad reputation. 

Should you use Happy Fast Money?

ProsCons
Easy to set up and works throughoutNo feedback from clients
Reasonable drawdown
Profitable
A 30-day money-back guarantee is offered

Conclusion

The live trading stats prove that Happy Fast Money can produce profits for the user and maintain a comfortable drawdown level. You can also set up the EA with much ease and let it work for you 24/7 as you go about your business. A 30-day money-back guarantee gives you the chance to get compensated in case the product fails to meet your trading targets.