Is Euronis Scalper 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.
Table of Contents
About Euronis Scalper
Euronis Scalper is a forex robot available on MQL5 website.
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According to the vendor, the system uses limit orders for entry and take profit for the best execution and no slippage. There is “no need to import settings, the Robot has all logic built in and advanced visual analysis of trade configuration on one chart”.
Euronis Scalper claims to give advantage in the financial market with its expert strategies. Here, the system offers forex trader custom indicators for a more accurate market entry and exit, without waiting for drawdown.
Euronis Scalper : Reasons to Avoid This System
Euronis Scalper is a forex robot that fails to pay attention to details. The sale pitch of this EA shows some transparency issues of the product.
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.
There are many positive customer reviews on the MQL5 website which are too good to be true. However, this leaves us in doubt because this is a way to lure traders into buying the system.
From the trading result. it is seen that the EA has a short trading result which can be risky.
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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
Euronis Scalper Trading Strategy
Euronis Scalper uses scalping strategy without gridding or the martingale method on trades.
Also, the system operates on currency pair like EURUSD, GBPUSD, USDCHF, USDCAD, USDJPY, EURAUD, GBPAUD, AUDCAD, EURCAD, CHFJPY.
As for the time frame, it is recommended 24/7.
Euronis Scalper Trading Results
According to the USD Real account of Euronis Scalper XPS on Myfxbook, the account traded on a deposit of $500 with an average monthly gain of 11.28% and drawdown of 3.58%.
Conclusion: Is Euronis Scalper a Reliable Forex Robot?
Euronis Scalper does not seem like a reliable forex robot for traders even though it promises offers that look good to be true.
The lack of details on important insights is a turn off. Forex robot like this one should provide enough information for traders to have some level of trust.
Not guaranteeing forex traders a refund for their money if the system does not prove trustworthy as it claims is a con.
It is our duty to review forex robot and also share reasons. For now, we will not recommend this system for trading.
Kindly share your comment about this broker in the comment section.