Dax Day Trader Robot Review

Dax Day Trader is an automated trading solution developed by the LeapFX team. On the robot sales page, the vendor highlighted the various features of this expert advisor and why it works. They claim that the Dax Day Trader EA has made up to 300% in profit over a few months. So, we decided to check the system out.

LeapFX is a vendor that is known for developing a handful of automated software that includes: The Money Tree Robot, DynaScalp, Bounce Trader, Automic Trader EA, and others. All of these products were released within a short period of time. The vendor is known for providing adequate verified trading statistics to show how their robots work in real-time.

Dax Day Trader Robot Review

Dax Day Trader presentation comes out decent and free from get-rich quick gimmicks. Live trading results show profitability in the Forex market. The presentation covers various features of the system, the cost of buying the software, and trading statistics.

• The robot will trade automatically for us in our terminal.
• The advisor is beginner friendly
• The robot trades on your account with a low drawdown.
• The robot assures smooth growth without grid.
• The robot opens short-term trades.
• The average trade length is less than an hour
• The system is prop firm compliant

Dax Day Trader Robot Strategy

The vendor did not provide details about the system and how it is going to work on our terminal. We don’t know how the Dax Day robot will manage SL and TP levels for us. Details about the recommended timeframe and risk control are also missing.

Moreover, the best Forex EA showcases commendable transparency. You can easily find and verify the data present with responsible 3rd party sites.

Pricing

There are two Dax Day Trader packages provided that vary by ownership right type: rental or lifetime. We can rent the robot out for $497/per year. A lifetime copy costs $799.

There are features like free updates and upgrades, support, settings, Full Dax Day Trader software, and a 30-day refund policy.

Dax Day Trader Result

The vendor provided live trading results from myfxbook.com to show how well the Dax Day Trader works on the real market. Dax Day Trader keeps working on a real BlazaMarkets account. It opens and closes deals automatically with leverage of 1:200 on the MT4 platform.

This account was created on July 22, 2022, founded at $10,000.00, and withdrawn at $2,995.00. The data is trustworthy because the account has a verified track record. Since then, the absolute gain has become +399.87%. An average monthly gain is 32.08%. The maximum drawdown is 16.53%. There are up to 74 traders tracking the results.

The advisor generated 2,529.4 pips in 329 trades. An average win is 46.74 pips and an average loss is -47.73 pips. The average rate of winning orders is 59%. An average trade length is 1hr 24minutes. The profit factor is okay, 1.58.

The most actively traded days are Thursday with 74 deals closed and Friday with 87 deals.

The advisor trades the Ger30 index with dynamic SL and TP levels. We may note that among 19 orders, 13 of them were profitable. This is just okay to break even.

The robot keeps the account profitable till January this year.

Conclusion

Dax Day Trader shows stable and predictable profits across different market conditions. Although the vendor did not provide details about the trading methods, we’d like to mention that the drawdown is low suggesting a low-risk trading approach. Also, the developer provides a 30 days refund policy in case you are not satisfied with the system trading logic.

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Wallstreet Forex Robot is a piece of software that works based on scalping. The latest version comes with a broker spy module that prevents unfair play by brokers during trading.

It costs just $367 and you also get a bonus auto bot system. Get the complete robot package at: wallstreet-forex.com

 

Where to Trade?

Remember you will need to integrate the EA software with your trading account. In order to do that smoothly you will need a broker that offers Metatrader 4/5 and allows you to use Expert Advisor in their Terms of Use. You need a compliant broker with fast transaction processing (no delays, no platform freezing) and relatively cheap trading costs (remember your EA can do lots of transactions, so you don’t want a forex broker which will shave you on commissions, overnight fees or high spreads)

Avatrade – (Recommended for Non-US Traders), sign-up here.

HankoTrade – (Recommended for US Traders), sign-up here.

Forex VPS – In order to maintain maximum availability for all automated trading accounts for all times, you better use a 100% uptime VPS server, like ForexVPS.

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