Is Hedge Forex Robot 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.
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About Hedge Forex Robot
Hedge Forex Robot is a forex robot available on vendor website. Forex Robot Trader (FTR) is the company behind this system. It is an automatic trading robot that opens and closes orders.
According to the vendor, the system price is $49 with a -75% discount.
Hedge Forex Robot claims to give advantage in the financial market with its expert strategy. Here, the system trades by scanning multiple time frames and uses trends for placing positions.
Hedge Forex Robot: Reasons to Avoid this Expert Advisor
Firstly, Hedge Forex Robot is a forex robot that fails to pay attention to details. The sale pitch of this Expert Advisor shows some transparency issues with the product.
Secondly, 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.
More so, the customers’ feedback is pretty worrisome. There are no customer reviews on third party website — Forex Peace Army of which we can know customers’ satisfaction on the system.
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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
Hedge Forex Robot Trading Strategy
Hedge Forex Robot operates on a trend and counter trend strategy.
As for the currency pair, it operates on all currency pairs and no timeframe.
Hedge Forex Robot Trading Results
The vendor failed to provide back testing results for us to be able to estimate the system’s potential profits and losses based on past performance data. Another red flag is that there is no stat for Hedge Forex Robot on third party websites such FXStat or Myfxbook.
Conclusion: Is Hedge Forex Robot a Reliable Forex Robot?
Hedge Forex Robot does not seem like a reliable forex robot for traders even though it promises offers that look good to be true.
More so, not guaranteeing forex traders a refund for their money if the system does not prove trustworthy as it claims is a con.
Because this EA does not consider it necessary to provide information, we do not recommend this forex robot for trading.
Kindly share your comment about this broker in the comment section.