FunnelTrader EA Review: Funnel Trader (Leapfx.com) is an automated Forex Trading System that was developed and marketed by the famous LeapFX group. The aim of the team behind this trading system is to double or triple the account balance of traders who use them, with very low risk attached. Today we will be reviewing Funnel Trader Robot to ascertain if the service this vendor is offering is worth the purchase. Read through our review to see what experts have to say about the Forex trading software.
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 starts 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.
Funnel Trader EA Review
Wave Scalper was developed by the LeapFX team. LeapFx on their website lay claim to having more than 20 forex robots in their arsenal, with notable names such as Arbitron, Jet Trader Pro, News Action trader, Econ Power, etc
How Funnel Trader EA Works
In this section, we cover the strategy of the EA. We also looked at the trade result if they provide any. For the trade results we hold results that are posted on myfxbook to be standard, but we also consider fxblue and other alternatives.
This EA works on the MT4 Platform, it works on multiple currency pairs.
Strategy: Trend trading
Funnel Trader EA Price
The Funnel Trader is available in two packages. The one-year membership package is priced at $400, while the lifetime membership package is available for $800
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 could not find many reviews by customers who had used this EA before, at least not enough to form a conclusive decision.
Conclusion
After going through all aspects of this EA, they do not satisfy us with gaps between what it promises and what they deliver, especially when considering the price range.
This EA is on the expensive side, and as such we won’t be recommending the use today as we aren’t sure of its efficiency.
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