Fxmathxtrader.com is a signal provider with an undisclosed team and an undisclosed location. EAs are created to assist traders navigate the often confusing road that is known as trading. Read through this review as we go through what information we could source to find out if buying this EA worth it? 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?
Before we dive into this review, we take a look at what an Expert Advisor is. An expert advisor (EA) sometimes known as a Forex robot is a software with pre-programmed instructions that directs and guides traders on what trades might or might not be profitable. EAs can automatically initiate and carry out trades on their own. This is possible because of the 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 these many advantages is the ease of use, the slight learning curve is made possible because a key strategy has been programmed into it by experienced traders (or not so experienced traders, in some cases).
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. You could also read our reviews and compare the offers to those of other legit vendors at the bottom of this article.
FX MathX Trader Review
Fxmathxtrader.com claims to support MT4 trading platform.
They also give these services as a reason to choose them over other EAs
Their platform appears to be thrown together hurriedly, almost as if it was done by someone who isn’t overly familiar with all the concepts of web design. Some buttons don’t work, and some graphics overlap.
How FX MathX Trader Works
FX math X trader makes vague claims that their system is based on profitable mathematical models with highest possible profit and lowest drawn down. While referring to themselves as Star-Fx, the go ahead to say that their trading logic is that the advisor finds the most likely trend direction for the next days and opens needed order in specified time. They make other vague claims we don’t deem important to clog this review with.
They work with the currency pair of USJPY
FX MathX Trader Robot Price
Has three account types with the entry account requiring a minimum amount of $99 dollars. They are all lifetime purchases.
Silver account has amount of $99, it comes with one real account and one demo account. The Gold account has a price of $123, it comes with two real and two demo accounts. Diamond account comes with a price of $149 it comes with three real and four demo account.
Customer Support
An email and a contact form is provided for clients to reach the team for any conflict resolution.
Client Feedback
Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA. We mostly consider feedbacks on 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 many reviews concerning the product that Trade X Signals EA offers. But the one review we did find was negative, and did not receive any feedback from FX Math.
Conclusion
In conclusion, because of the lack of provision of in-depth strategy and lack of response to a negative review, We wouldn’t advice you to purchase this EA.
EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below
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