MegalodonTrading.com Review: Join in this review as we answer questions such as Is megalodon trading Legit? Is megalodontrading 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 this Indicator vendor.
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.
Megalodon Trading Review
Megalodon Indicator is owned by Bo Sukas, of SUKAS Ltd. Bo Sukas has a YouTube channel with a handful of subscribers where he frequently posts videos detailing the products he offers.
Bo does not disclose his location.
How megalodon trading 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.
Megalodon doesn’t provide an in-depth explanation or insight into how their strategy works.
Megalodon Trading Price
$99-$2500
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 indicator provider before, at least not enough to form a conclusive decision.
Conclusion
After going through all aspects of this provider, they do not satisfy us with gaps between what it promises and what they deliver, and as such we won’t be recommending the use today as we aren’t sure of its efficiency.
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