Is Unbeatable EA reliable for your trading account? Should you buy this EA for a better trading experience? Read this review to find out if Unbeatable EA is worth your money or scam.
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About Unbeatable EA
Unbeatable EA is a forex robot available on the robot website. The name of the developer seems to be missing as there is no information on that.
Unbeatable EA claims to give advantage in the financial market with its expert strategies. Here, it offers traders two different plans which are monthly subscription and copy trading. The monthly subscription comes with a demo and live account offers. It costs $110. While copy trading offers traders with brokers like Robot forex, Hot forex, Forex time and more. This plan comes with 30% shared profit to the vendor.
Unbeatable EA claims to offer 30 days cash refund.
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unbeatableea.com: Reasons to Avoid This EA
unbeatableea.com is a forex robot that fails to pay attention to details. The sale pitch of this EA shows some transparency issues of this product. Not providing information about the developer and his experience in trading is a turn off.
unbeatableea.com offers a demo for traders only on monthly subscription which costs $110. This is a way to avoid traders from knowing the viability of the product. While it is very important there is a demo, it should not be provided in this manner.
unbeatableea.com does not have any review that can attest to its success in the market. This means this EA has not proved to be trustworthy and its popularity seems unknown.
unbeatableea.com states no detail on what strategies its uses. But, we found out this EA makes use of risky strategies like Grid and Martingale.
Unbeatable EA Trading Strategy
Unbeatable EA does not mention anything about its strategy. But from the back test result, we can see strategies like Grid and Martingale.
For the time frame, the developer does not state that.
Minimum deposit of Unbeatable EA is $100. This is based on the traded account. For the leverage is mentioned 1:500.
Unbeatable EA Trading Results
Unbeatable EA provides a hyperlink on its back test result. But this proved impossible as it was not accessible.
Unbeatable EA presents a live account from third party verification site Myfxbook.com. The date of this trade was 25 June, 2021. The account has an average win rate of 78% and profit factor of 3.63.
Another result presented shows $100 deposit on a profit of $5.69 and loss of -$5.24. The average win trade is $1.30 and a loss of $1.26.
Conclusion: Is unbeatableea.com a Legit Forex Robot?
We say unbeatableeea.com is not a legit forex robot. The lack of details on important insights is a turn off. EA with promises like this one should provide enough information for traders to have some level of trust.
The use of risky strategy like Grid is a red flag. Even though this EA shows a trading accounts, they are just on a short term.
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.
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