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Arbitron EA Review

Arbitron EA is a new forex robot that was released recently by the LeapFX team. LeapFX is a well-known developer in the Forex marketplace that is behind a multitude of different products and services. They’ve recently released the News Action Trader. LeapFX was founded in 2012, and can be contacted for support via support@leapfx.com.

Arbitron Forex Robot

The vendors make extremely aggressive claims telling the public that the software easily and repeatedly gained “over 21,000% profit month to month all with complete automation.

Arbitron EA Review

Arbitrage is the simultaneous purchase and sale of an asset to profit from an imbalance in the price. The creators of the Arbitron EA believe that arbitrage trading is the perfect method for an automated trading program. They compare their trading approach to stock market insider trading except instead of trying to predict future market movement, there are actually trying to identify their the market will go based on the price feeds of competing brokerages. In order for an approach like this to work, the execution speed and latency generally have to be incredibly fast or else it won’t work.

The developers actually make note of many of the issues with arbitrage trading, and claim that they are all myths.

These are the reasons they’ve highlighted, and as far as we’re concerned some of them do hold weight:

  • No speed delay between brokers
  • Difficult to find fast price feeds
  • Brokers don’t allow it
  • It’s illegal
  • MT4 isn’t suitable

How does it work

During our review of Arbitron EA, we saw that the arbitrage strategy they used is a simple one. The entire concept is that the robot uses a special software that compares a fast price feed the with a slow price feed broker, and then place very fast trades based on already knowing the future price.

Arbitrage Strategy

Unlike most arbitrage EA’s we’ve seen in the past, the Arbitron robot does provide images of their price feeding software, and also shows us how it looks specifically on the chart. This is definitely a positive aspect, because many product developers in the past have just promised this trading strategy, without actually following through with it.

EA Analysis

  • Type: Forex Robot
  • Price: $799
  • Strategy: Arbitrage
  • Timeframe: M1
  • Pairs: AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY

Timeframe

When you want to buy an expert advisor but you are considering which one has the best time frame for you, there are three time frames you should bear in mind; Long term, Short term and Intraday.

Arbitron time frame is at M1, which means the robot completes a trade in a minute.

Such short trades have advantages which include lots of trading opportunities for the EA, less chance of losing months and no overnight risk. But you should consider that the transaction costs will be much higher (more spreads to pay).

wide selection of Major pairs

EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY and AUDUSD are the available major currency pairs available to trade.

The majors are the most liquid and widely traded currency pairs in the world. They account to about 85% of Forex trading. The reason why traders trade the major pairs is because the large volume which leads to narrow spread.

Subscription

Typical of Leapfx expert advisors, there are 2 plans available for purchasing the Arbitron EA: There is a 3 month payment plan which costs $347 per month, or a one time payment of $799.

Arbitron EA Subscription

All of these products come with lifetime licenses, the software, updates and support. This price point is really quite high compared to the rest of the marketplace.

Performance insight

At the SCAM EA, you will find hundreds of reviews of Forex robots, where we check to see if they are verified investment product, or simply a scam. The way investors properly compare a Forex EA result, is by checking to see if their results are published in a public statement sharing site, like myfxbook or FXBlue.

LeapFX provides us with 3 Arbitron robot Myfxbook accounts.

All 3 of these accounts show ridiculous gains ranging from 300% to 11500%, but it’s very difficult to trust this information because almost every single time we’ve seen account like this in the past, the robot is unable to reproduce the results for actual clients. If these are actually truthful results, then this will be a must buy software, but we aren’t sure if they are.

One red flag is the fact that they are hiding just about every important aspect of the software. We have no access to their open trades, history, that’s trade, worst trade, lots, commissions, balance, equity, deposits, withdrawals and more.

We would really like to know why so much information is being hided? Is it because the developers are doing something shady? That’s really what we would like to know.

Our best advise for you

We really won’t be on board with the Arbitron EA until we see some real client trading accounts, and community feedback proving that the software works for average traders. If you want to make money trading Forex, you should take a look at this page as it is quite rich with useful trading resources.

Summary
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Arbitron EA
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