FX Hunter EA is a martingale based expert advisor by FXHunter.net located in Germany and they also provide a Russian version of their website. To get in touch with support, traders can email [email protected].
For all our Forex robot reviews and tests go here.
FX Hunter Review
Investors should beware that the EA is using the very risky martingale strategy. It uses the M15 time frame and trades on the following pairs: AUDCAD, AUDNZD, EURGBP, EURSGD, GBPAUD, GBPCAD, GBPUSD, NZDCAD, NZDUSD.
Unlike many other expert advisers, the Forex Hunter EA developers admit that their software is utilizing a “very thought-out martingale strategy.” There’s very few developers in the Forex marketplace that will ever admit to utilizing a martingale strategy. This type of strategy is very dangerous, and in most circles just mentioning the word is enough to turn traders away. In this case, trades are added into a basket utilizing a grade strategy that they believe allows them to achieve success in any market conditions.
Historically, the issue with martingale strategies is that they are very high risk. If the market doesn’t balance out or come back, then there is a risk that the entire account can be blown.
There are currently 4 ways to get access to the Forex Hunter EA, 3 of them are subscription-based. Traders can pay $29 a month, 6 $9 for 3 months, or hundred and $21 for a 6 month subscription. All 3 of these account types offer traders one license, full support and free updates. With the 3 month subscription traders get a 20% discount, and with the 6 month subscription traders get a 30% discount. They’ve also just added a lifetime membership which is going for $499.
FX Hunter EA Result
Considering the lack of trading results, combined with the poor customer feedback, We are not in a position to recommend FX Hunter EA at this point in time. Hopefully the developers work on establishing more trust with the community, and providing us with some actual proof that their software works. If they work on these 2 aspects, we will reconsider our judgment. If you don’t want to find out more details on it, but instead want to find out the legit Forex trading software, then you can click this link:-Best Forex EA.
You are better off using a real trading robot, read why
Please let me know what you think about this software, by leaving your comments below this article, now.
Top Rated Forex Robot
There’s no doubt that Forex trading is growing in popularity. This trend is driven by the fact that the modern day trader now has access to myriads of tools for trading, which ultimately make work easier. Forex Expert advisors are popular, and so are mentoring programs which teach people how to trade and actually make a living out of it.
But at the same time, we have to recon that scams exist at large. These so-called revolutionary expert advisors are dubious in the sense that they don’t give a decent win rate. Most of them have an awful win rate which is way below the 50% mark.
The FXMasterBot testimonials, which include FXMasterBot YouTube videos, reflect how fantastic this method is. There are numerous positive reviews, as it simply works just like the team mentions on its official website. All you will see on that site are actual facts. There no fake aspect about it, which is why so many people have tried it and thus have not regretted it. Minimum deposit to start trading is $100. Try the free demo first at fxmasterbot.com.