Instant EA (LeapFx.com) is an Expert Advisor that was developed by Mikhali Zaprudin and marketed by the famous LeapFX group. It was created to assist traders navigate the often confusing road that is known as trading, and it also doubles as an “indicator to robot conversion”. This EA gives the trader the ability to back-test the EA and modify the settings
Today we will be reviewing Instant 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
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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 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.
We cannot overstate the advantages and usefulness of an 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 provider 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.
Instant EA Review
Instant EA was developed by Mikhali Zaprudin and marketed by LeapFx. LeapFx on their website lay claim to having more than 5 forex robots in their arsenal, with notable names such as Arbitron, Jet Trader Pro, Skill Trader, Econ Power, etc. We don’t get any information concerning the developer of this software, we are not given any background as to his expertise.
The Landing page comes with an introductory Video that covers all the basis that this EA works with.
How Instant 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 and the MT5 Platform, it works on these currency pairs: EUR/USD.
The information on the website does not give a detailed explanation for the strategy they apply. According to the website, Instant EA is a tool converts signal indicators into a forex robot instantly. This product is preferably meant for traders who already have a single indicator that they prefer to use.
Instant EA Price
The Instant EA has a lifetime membership package that is available for $247 which comes with a lifetime license, updates, and support.
Customer Support
They provide a contact form and three different social media accounts.
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
Instant EA gives enough vague details to make them seem legitimate but not enough details to actually confirm the legitimacy. The lack of reviews and the shallow explanation of their strategy raise room for doubts and suspicious in our minds.
EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below
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Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
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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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Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee