Is Entry Points Pro reliable for your trading account? Should you buy this EA for a better trading experience? Read this review to find out if using Entry Points Pro is worth your money or a product to avoid.
Table of Contents
About Entry Points Pro
Entry Points Pro is a forex robot created in January 2021. The developer of this forex robot is Yuri Orlov from Spain. This product was updated to 8.0 version in March 2021.
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The location of Entry Points Pro is not mentioned. The information provided about this product comes from MQL5 website which the developer provided such as step-by-step user guide, demo signals, assets and more.
Entry Points Pro claims to give advantage in the financial market with its expert strategies. Here it offers traders accurate entry signals on time and provides no mistake when opening trades. The cost price of this product is $125.
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entrypointspro.com: Reasons to Avoid This EA
entrypointspro.com is a forex robot that fails to pay attention to details. The sale pitch of this EA shows some transparency issues of this product.
entrypointspro.com offers traders a free account to test the EA. While this is a good thing to do for a product like this one, it doesn’t prove much trust whatsoever.
We find out that entrypointspro.com does not say anything about cash-back for its product. This is an important area traders want to know from an EA developer that their money can be refunded if something fishy is seen about the product.
Entry Points Pro Trading Strategy
Entry Points Pro strategy claims to determine chart through price behavior. The developer doesn’t show further insights on how they can actual do it.
Entry Points Pro does not state if it uses strategies like Martingale, Averaging, Doubling and Grid. Here we don’t have any details on that.
Entry Points Pro claims it has an in-built algorithm that indicates entry points for traders to claim profits. For the time frame, any time.
Entry Points Pro Trading Results
Entry Points Pro shows no back test result after claiming to have 20 years of trading experience. As a result of this we can’t tell how profitable this product is in long term.
Third party verification site myfxbook.com presents a live trading result of Entry Points Pro on a deposit of $10,000. It shows a profit of $931,411.82 which increased the account to $941,411.82. Profit ranges 0.51% daily, 60.36% monthly and a drawdown of 54.31%. What a big loss to compare.
We notice that Entry Points Pro records unstable monthly profits. See below.
Conclusion: Is entrypointspro.com a Legit Forex Robot?
We say Entry Points Pro is not a legit forex robot. The lack of details on important insights is a turn off traders should avoid. EA with promises like this one should provide enough information for traders to have some level of trust.
Forex robot like entrypointspro.com has provided a live trading result, however, there is a huge drawdown that puts doubt in mind.
Not having a place for cash-back is a red flag. So, beware.
It is our duty to tell you when an EA is not worth your money. By so doing, we do not recommend this forex robot for use.
If however, you have anything to say, kindly comment on the opinion section.