Exaco is the company that makes expert advisors for MetaTrader 4 (MT4) platform that was first launched on December 12th, 2018. The company is located at Via Carlo Vellani no. 22 – 41012 Carpi, Italy.
For email contact use [email protected].
Here are our impressions of this EXACO Forex expert advisor company, after we did thorough research on the company and tested its robot. Make sure you read it prior to adding any of their tools to your trading account.
EXACO EA Review
EXACO company is a vendor of Forex robots that will trade regular Forex pairs like EURUSD, and GBPUSD at an undisclosed timeframe. The cost of the expert advisor is €150 to €2000 per year depending on your trading account balance. If your account balance is under €5,000, then you pay €150 per year. If your account balance is above €5000 but below €50,000 you pay €1,000 per year. If your account balance is above €50,000, you pay €2,000 per year.
It is totally in character for Forex EA vendors or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.
However, traders must be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
Let’s start with the most important thing in the Forex robot marketplace: trading strategy. We saw that EXACO did not provide real in-depth details about software methodology. They tell us that the expert advisor adapts automatically to the available capital. We did not see important methodologies used for technical analysis.
Otherwise, the basic concept behind the technical analysis strategy is first to spot a strong market trend followed by a pullback in price. The retracement should only last a short period of time. Once the market retracement pauses, the trend will resume and continue moving in the direction of the dominant trend.
In 2019, the EA showed a gain of 22.81% and a drawdown percentage of 17.28%.
The profit stats in 2022 was quite low and that means the EA suffered a downturn in 2022.
Our best advice for you
We are not recommending the EXACO EA because they are showing a downturn currently. If you would like to use a professional trading tool but have no idea where to find one, we invite you to check out this page for leads.