Is Wild Side reliable for your trading account? Should you buy this EA for a better trading experience? Read this review to find out if Wild Side Robot is worth your money or scam.
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About Wild Side Robot
Wild Side is a forex robot available on MQL5 website. The creator of this product is Marat Baiburin from Russia. The vendor provides us with no trading experience.
According to the vendor, the EA places TP and SL levels for each open order. Price of the EA is sold $219 and a free demo.
Wild Side claims to give advantage in the financial market with its expert strategies. Here, it offers forex traders “its own price action algorithms in combination with the author’s indicator.”
The EA recommends currency pairs like USDCAD, EURCAD, EURCHF, EURUSD, USDCHF, EURAUD, AUDUSD, GBPUSD, and CHFJPY.
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Wild Side Robot: Reasons to Avoid This EA
Wild Side 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.
However the vendor provides us with a back test result, the EA does not show efficiency on trade as the loss is higher than the profit.
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Accounts
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2
Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
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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
Wild Side Trading Strategy
The vendor provides us with no information on the strategy. For the time frame, it is mentioned 5M for trading with the forex robot. Also, it operates on USDCAD, EURCAD, EURCHF, EURUSD, USDCHF, EURAUD, AUDUSD, GBPUSD, and CHFJPY.
Wild Side Trading Results
According to the trading result of this EA on myfxbook.com, the demo account traded on EUR account on BDSwiss automatically with 1:1000 leverage. The account dated April 17, 2021 with no gain. The daily gain was 0.00%, a monthly gain of 0.00% and drawdown of 0.10%.
Also, the account closed 23 trades with an average win of 3.59 pips and an average loss of -10.28 pips.
Conclusion: Is Wild Side a Reliable Forex Robot?
We say Wild Side 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.