Grid Master Pro EA Review: This EA is a Forex robot developed and marketed by FX automater, which is headed be Lachezar Krastev. Today we will be reviewing grid master EA 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 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.
Grid Master Pro EA Review
Grid master was developed by the FX automater team. Fx automater on their website lays claim to having more than 30 forex robots in their arsenal.
FX automater on their website claims to have been in the business for more than 15+ years and more than 10000+ happy clients.
According to the description on the sales page, Grid Master PRO is the upgraded version of another popular EA called BF Grid Master, which is available for free.
We found the website to be professionally designed. It comes with some added features as well, such as a notification system, advanced time management system, Friday exit system, and an advanced news filter.
How Grid Master Pro EA 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.
This EA works on the MT4 Platform, it works on multiple currency pairs: EUR/USD. GBP/USD, USD/JPY, USD/CHF
Grid master pro doesn’t provide an in-depth explanation or insight as to how their strategy works. The sales page claims that the EA uses an algorithm that is based on careful market modeling. The use of said algorithm is to exploit common, predictable volatility in a normal market.
Grid Master Pro Price
According to the sales page, this EA is available for a price of $117. It comes with a real accout, 3 demo accounts, a support system and a 60-day-money-back guarantee
Customer Support
They provide a contact form for any communication.
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, we are not satisfied with gaps between what it promises and what it deliver, especially when looking at the live trading results.
Due to lack of feedback we couldn’t gauge the overall satisfaction of the customers.
EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below
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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