Jet Trader Pro is an Expert Advisor that was developed by Jack McKennon and marketed by the famous LeapFX group. It was created to assist traders to navigate the often confusing road that is known as trading.
Today we will be reviewing Jet Trader Pro 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
Do You Know You Could Get Back Your Money If You Have Been Scammed? Great News! Click HERE to Get Started
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.
Jet Trader Pro EA Review
Jet Trader Pro was developed by Jack Mckennon. 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, News Action trader, Econ Power, etc.
The website claims that this EA is, capable of delivering a 1939% of the profit on a mere $500 in a matter of 16 months.
How Jet Trader 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 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 implements a dynamic price protection strategy. This helps the robot accumulate profit, even with losing trades.
After looking at how the EA works as well as one of the real account links provided, it appears that Jet Trader Pro utilizes a grid strategy. Grid Strategies have a reputation for blowing up trading accounts, which may be the reason why it wasn’t highlighted anywhere on the website. Prospective customers expect a degree of transparency when it comes to their EAs which includes providing full details of the strategy used.
Jet Trade Pro Price
The Jet Trade Pro has a lifetime membership package that is available for $347 which also comes with a 30-day money-back guarantee.
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
Jet Trader Pro 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
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