Is PipFinite EA Trend PRO reliable for your trading account? Should you buy this EA for a better trading experience? Read this review to find out if EA Trend PRO is worth your money or scam.
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About PipFinite EA Trend PRO
PipFinite EA Trend PRO is a forex robot available on MQL5 website. The creator of this product is Karlo Wilson Vendiola from Philippines. It can be purchased for $198 and also as rent options for forex traders such as monthly option for $98 and yearly for $158.
According to the vendor, the EA manages trade depending on the user’s preference . It offers different stop-loss and take-profit options, automatic money management option, time filters and Session filters.
EA Trend PRO claims to give advantage in the financial market with its expert strategies. Here, it also offers forex traders breakeven options.
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PipFinite EA Trend PRO: Reasons to Avoid This EA
EA Trend PRO is a forex robot that fails to pay attention to details. The sale pitch of this EA shows some transparency issues of the product.
The EA 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.
The customers’ feedbacks are pretty worrisome. There are no reviews on Forex Peace Army nor Trust Pilot. It means customers are not satisficed with the EA despite the promises.
There is no back test results for us to know how the EA strategies execute on trade. It is very much important the vendor makes this available for forex traders. In the absence of it, it is a red flag.
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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
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Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
PipFinite EA Trend PRO Trading Strategy
EA Trend PRO provides us with no trading strategy. For the time frame, there is no time mentioned for trading with the forex robot.
Not providing forex traders the strategy the EA uses to execute trade shows something fishy about the product. Nevertheless, let’s look at the trading result of the EA.
EA Trend PRO Trading Results
According to the trading result of this EA on myfxbook.com, the account traded on August 01, 2021 has a deposit of $200 and a leverage of 1:500. The EA has not made a daily profit but it has a monthly gain of 0.01% and drawdown of 24.81%.
Also, the account closed 23 trades with an average win of 40.25 pips and an average loss of -19.99 pips.
Conclusion: Is PipFinite EA trend PRO a Reliable Forex Robot?
We say PipFinite EA Trend PRO is not a reliable forex robot. The lack of details on important insights is a turn off. EA like this one should provide enough information for traders to have some level of trust.
Not guaranteeing forex traders a refund for their money is a red flag.
To this end, we do not recommend this EA for use for reasons we have mentioned.
If however, you have anything to say, kindly comment on the opinion section.