V12 Trading is a signal provider that debuted in late 2019. It was created to assist traders navigate the often confusing road that is known as trading. The name of the team behind the creation of this EA was not disclosed. Is buying this EA worth it? Read through our review to see what experts have to say about the Forex trading software.
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 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.
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The advantages and usefulness of Expert advisors cannot be overstated. Among the numerous advantage is the small learning curve involved in using the Expert Advisor. That is to say, you don’t need much 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’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.
V12 Trading Robot Review
The team behind V12 Robot claim that they hit targets of 3500+ pips in a month, they also claim that their members are in the top five percent of all forex traders.
V12 trading does not disclose who they are or their whereabouts but they claim to have six years of experience which isn’t reflected in either strategy or their results. There is no proof to support any such claim from them
How V12 Trading EA Works
The site reveals their strategy to be Pip Locking, but fail to give an in-depth explanation of how it really works.
V12 Trading Robot Price
At the time of writing this, the packages V12 Trading Robot offer comes in three monthly packages. The first goes for 49 euros for a month, the second for three months for 119 euros, and the last one lasts for a year at 349 Euros.
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Customer Support
The only means of contact is a telegram group and an Instagram account
Client Feedback
Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA. We mostly consider feedbacks on 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 many reviews concerning the product that V12 Trading EA offers.
Trading results are provided on the website of the EA but this cannot be trusted. We always prefer results uploaded on third-party websites where they can be verified.
Conclusion
V12 Trading Robot gives enough vague details to make them seem legitimate but not enough details to actually confirm the legitimacy. The lack of reviews and the non-disclosure of the team behind it coupled with the lack of transparency in their dealings raise room for doubts and suspicion in our minds.
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