Breakfree Trading is a Forex system and training tool that preaches the world of effortless trading. Breakfree Trading wants traders to know that their users ”enjoy 8x better success rate than the average retail trader.” According to them, Breakfree Trading is a revolutionary change from the ‘old way’ of trading.
Therefore, in this review, I will let you know whether Breakfree Trading is offering a viable investing opportunity or taking investors for a ride.
Breakfree Trading is said to be owned by Anton Kann and Asger Emborg based in Singapore. Apart from the sales video you watched at their website, you will not see any other information about this duo. No information pertaining their trading history and experience is available in the marketplace.
Breakfree Trading Review
This duo listed a couple of trading methods and termed them an ”old way of trading”. The want you to believe that their method is the way. Allegedly, their trading system is the new and simpler way of trading world markets.
Their online store sells 2 plans of trading tools called Discovery plan ($69/month) and Pro plan ($199/month).
While the Breakfree Trading Discovery plan works on the Forex market only, the Pro plan is allowed to be used on every trading asset in the world including stocks and futures.
Breakfree Trading claims that the algorithm of their trading system will handpick trades for you every single day.
The cost of their products is relatively higher than the industry’s standards when you consider the duration of using this tools.
In the meantime, I’m also letting you know that this page consists of our recommended trading tools which we’ve found to be very effective.
All of the trading products on that page come with a yearly price tag or a one time payment model.
Breakfree Trading Strategy
The Breakfree Trading sales page centers on what their trading algorithm will offer. I can’t recommend these products because there’s no real trading strategy explanation behind their trading algorithm.
The only thing they’ve told us is that their trading algorithm processes & decodes markets structure in real time for you. Similarly, they’ve also said that their Breakfree Trading algorithm identifies highest probability trades and filters out the bad ones for you.
We don’t need a lot of talk or marketing language. All we require in this aspect is an honest overview of their trading approach and how their trading algorithm can identify a good trade, which apparently they do not provide.
Breakfree Trading Results
There is a section of their sales page that covers the Breakfree Trading performance result with a reference link to Tradingview.com. The result statement spans over 3 months (August-November) of live trading with the Breakfree Trading algorithm in 2019. According to them, the Breakfree Trading closed an initial account of $10,000 with $29,664 in November.
These results are looking impressive but there is no way we can verify the authenticity. TradingView is an open source charting system and with that a vendor can simply select the desired trades to show.
This kind of approach used by Breakfree Trading can only show that the algorithm have won trades in the past. However, it does not tell us whether these winnings are sustainable or not. Also, we can’t be sure that the vendor is still trading with this algorithm as it stands.
This is why products like Auvoria Prime have also scored poor rating in our recent reviews.
Breakfree Trading needs to launch their account on a 3rd party statement sharing site like myfxbook. With a myfxbook.com verified account, we can track the algorithm live as it is trading. Furthermore, with a myfxbook.com account, we can be sure that the vendor is currently making use of the system.
Although Anton Kann and Asger Emborg appear like a professional trading product vendor, the truth is that they have nothing worth paying money for.
This duo don’t have a trading history or reputation in the marketplace apart from that video you watched on their sales page.
We need to see their actual trading performance on myfxbook.com to believe their claims.
Please let us know your experience with this vendor. Did Breakfree Trading scam you?