Pro FX EA is a poor performing expert advisor that shares very limited information about itself and the services it provides on its website. As a result, we had to do some investigative analysis to find out whether the robot was truly effective and high performance as claimed on the site. The developer says that Pro FX EA takes advantage of the best possible entry and exit points for more profits in the market. It also offers settings for long term stability and power to keep profits running in long term.
We’d like to point out the fact that this developer does not provide any information about where the vendor is located, or what type of trading history they have. In fact, they are totally anonymous to the Forex market place as a whole.
Pro FX EA Review
The robot’s lifetime license costs approximately $400. It trades any pair like EURUSD, EURGBP, AUDUSD, NZDUSD, USDCAD and USDCHF. Basically, the main pairs are taken care of. It trades on any time frame which could be short or long term. However, it is unclear what type of strategy Pro FX EA is using. But the price is not fixed to a one time payment as it depends on the package you are buyiing. There are 3 packages present for auto trading; Starter, standard and advanced. The 3 packages are basically the same with difference in the license duration. The starter package costs $299 for a year license, with $400 and $500 you can get a lifetime license for the standard and advanced packages. In addition, the advanced package can be used on five accounts. Other things like the pairs available, support and access to the software is the same for all the 3 packages.
Are there any trading results?
One thing we want to say is that the developer of this system is not providing us with live testing data but rather opting to publish very long back tests. These are disappointing because in this day and era, we are no longer in need of back tests. They can’t be so accurate or the results cannot be modeled into live trading. That’s why we generally prefer people to use myfxbook account for purposes of proving that their robots really work.
Therefore, it’s the job of this developer to prove that their robot works. They must put it to test. Otherwise, we can’t trust their intentions at all.
Our best advice for you
Pro FX EA is just an interesting robot because the developer doesn’t seem to care about presenting trustworthy results. Also, since the robot lacks clarity on how it works, you must use caution. Traders who don’t want to go through the hustle of optimizing should go with these ready made solutions.