Is Dark Gold EA reliable for your trading account? Should you buy this system for a better trading experience? Read this review to find out if this forex robot is worth your money or not.
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About Dark Gold EA
Dark Gold is a forex robot available on MQL5 website. The developer of the EA is Marco Solito from Italy.
According to the vendor, the system can be purchased at the rate of $69 with a free demo.
Dark Gold EA claims to give advantage in the financial market with its expert strategy. Here, the system uses the support and resistance indicator, operates with the trend, and works with a scalping strategy.
Dark Gold EA: Reasons to Avoid this Expert Advisor
Firstly, Dark Gold EA is a forex robot that fails to pay attention to details. The sale pitch of this Expert Advisor shows some transparency issues with the product.
Secondly, the system has no cash back for the product. There is no guarantee that your money will be refunded if the product does not work as it is claimed to be.
More so, the customers’ feedback is pretty worrisome. There are few customer reviews on MQL5 where the product is sold of which they all sound too good to be true.
EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below
Accounts
Free Trial
Projects
SSL
2
Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
1
Strategy: Stop and Reverse
Time Frame: All time frames
Currency Pairs: EUR/USD, EUR/GBP and USD/CHF
License fee: $149
60 Day Money-back Guarantee
3
Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
Dark Gold EA Trading Strategy
Dark Gold EA claims its strategy to be “based on trend and counter trend”.
Also, the system operates on Gold, Bitcoin, EURUSD and GBPUSD currency pair, and on M5, M15, and H1 time frame.
In addition, the provider recommends a low latency vps, ECN account, and instruction from the user manual.
Dark Gold EA Trading Results
The vendor presents us with a trading result showing a trade of 746. There we have a best trade of $92.79 and a worst trade of -$18.97.
The system runs a real account on on ForexChief on a deposit of $100. The trade maximum drawdown was -40.6% and accuracy rate was 69.7%.
Conclusion: Is Dark Gold EA a Reliable Forex Robot?
Dark Gold EA does not seem like a reliable forex robot for traders even though it promises offers that look good to be true.
More so, not guaranteeing forex traders a refund for their money if the system does not prove trustworthy as it claims is a con.
Because this EA does not consider it necessary to provide information, we do not recommend this forex robot for trading.
Kindly share your comment about this broker in the comment section.