EA Tech Review: EA Tech is a software provider that offer access to three different robots. EAs are created to assist and guide traders navigate the perilous journey of trading. Join in this review as we answer questions such as Is EA Tech Legit? Is EA Tech EA good? Basically we aim to check if buying from this EA provider is worth it? Read through our review to see what experts have to say about the eatech.uk.
Table of Contents
What Are Forex EAs, Signals or Indicators?
An expert advisor (EA) is software that directs and guide you on what trades to make or pass on, it even automatically initiates and carries out trades according to a set of already programmed instructions. Expert advisors are most often deployed on the MT4 or MT5 forex trading platforms.
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We cannot overstate the advantages and usefulness of Expert advisor. Among the many advantages is the slight learning curve involved in using the Expert Advisor. That is to say, you need little learning to use an EA as the trades are being carried out by a set of instructions already made by an expert. Another advantage is that it can consider a lot of variables that humans may not have the time or potential to handle.
It is normal and not out of character for a Forex EA vendor or signal providers to lay claims to their product being a sure-fire way for you to get richer (it’s mostly just marketing.). This is because anyone who is looking for a signal provider is searching for a hassle-free way to make some profit.
However, traders need to 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.
EATech Review
The team behind this EA started selling their products in 2020 after first purchasing the domain in 2018, and launching the software in late 2019. Although they do not disclose who they are or who the team behind this EA is, the sales page claims that they are “a group of like-minded professionals in the area of finance and information technology with the simple aim of making a profit in the Forex market.
EATech offers three robots namely:
- EA Tech V3
- EA Tech V4
- Repede Pro
We will be going over them as best as we can.
How EA Tech Works
In this section, we cover the strategy and methodology the EA works. We also take a look at the trade result if any is provided. For the trade results we hold results that are posted on myfxbook to be standard but we also consider fxblue and other alternatives.
EA Tech doesn’t provide much insight as to the strategy behind their robots.
EA Tech Price
EA Tech V3
This robot is being sold at a price of £99. The sales pages claims that traders can get access to a more advanced software (MT4) that works on the H1 timeframe and requires a $100 minimum deposit.
This EA works with a minimum leverage of 1:30. This EA comes with a free news indicator, and promises a 10% to 70% profit/ month with a drawdown of 10% to 40%.
EA Tech V4
This robot is being sold at a price of £199. The sales pages claims that traders can get access to a more advanced software that works on the M15 timeframe and requires a $200 minimum deposit.
This EA works with a minimum leverage of 1:200. This EA comes with a free news indicator, and promises a 40% to 120% profit/ month with a drawdown of 5% to 20%.
Repede Pro
This robot is being sold at a price of £178. The sales pages claims that traders can get access to a more advanced software (MT4) that works on the M15 timeframe and requires a $100 minimum deposit.
This EA focuses its sight on daily trades and weekly trades, while using advanced trend mechanisms. This EA comes with a free news indicator, and promises a 20% to 80% profit/ month with a drawdown of 5% to 30%.
The vendor’s promise 20% to 80% monthly profit with a drawdown for just 5% to 30%. The system focuses on both daily and weekly trades, while using advanced trend mechanisms.
Client Feedback
Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA. We mostly consider feedback a third-party site as we have found that reviews on the official page might be manipulated, concocted or paid for.
We couldn’t find enough reviews by paying customers to come a decisive conclusion about this particular EA.
Conclusion
After going through all aspects of this EA provider, we concluded that it has only done the barest minimum in convincing us that it any of there robots are good. This might be because they a bit new.
At the time of this writing, we are not satisfied with gaps between what it promises and what it delivers. We will be reserving judgment for now as we wait for a while for this EA to flesh out their presentation
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Accounts
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2
Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
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1
Strategy: Stop and Reverse
Time Frame: All time frames
Currency Pairs: EUR/USD, EUR/GBP and USD/CHF
License fee: $149
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3
Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee