FX Profit Signals Review: EAs are created to assist and guide traders navigate the perilous journey of trading. Join in this review as we answer questions such as Is FXProfit Legit? Is FX Signals good? Basically we aim to check if buying from this EA provider is worth it? Read through our review to see what experts have to say about the FX Profit
Table of Contents
What Are Forex EAs, Signals or Indicators?
An expert advisor (EA) is software that directs and guides you on what trades to make or pass on. It even 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 is 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 just out to deceive and steal your funds. Considering what they offer and proofs are effective means of discovering fraud and reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
FX Profit Robot Review
This signal provider provides both free signals and paid signals through telegram messenger and email notifications
How FXProfit Signal EA Works
In this section, we cover the strategy of the EA. We also looked at the trade result if they provide any. We hold Trade results 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: AUD/USD, EUR/AUD, CAD/JPY, EUR/CAD, EUR/CHF, EUR/USD, EUR/GBP, GBP/CAD, GBP/USD, USD/CAD, USD/CHF, and USD/JPY
FX Profit Signals doesn’t provide an in-depth explanation or insight how their strategy works. They say that they provide traders with the best to commit to a trade then gathering all the information to identify the best trading opportunity. Then send that signal with the entry point, stoploss and possible targets.
FX Profit EA Price
€45 – €310
Client Feedback
Customer feedback is a vital instrument for us to offer a quantitative review and analysis of an EA. We mostly consider feedbacks on third-party sites, as the EA team can concoct or pay for manipulated reviews on the official page.
We could not find many reviews by customers who had used this EA before, at least not enough to form a conclusive decision.
Read our latest review on Forex Robotron
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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Accounts
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Projects
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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