Win FX which was founded in the year 2018 is a trading and investment service company that employs the use of AI in its services. Today we will review Winfx.co to ascertain if the service this vendor has is worth the purchase. 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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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’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.
WinFX Review
This is one of the most athletically pleasing presentations we have seen in recent times. Winfx.co stands in well with the approaches taken to make it look modern.
Gives the location of its site as Moor Place 1 Fore St Ave Moorgate, London EC2Y 9DT. The Website states that they offer sophisticated A.I driven automated trading solutions for financial markets. While going ahead to state that the team’s mission is to simplify investing & empower investors with innovations in financial & machine learning sciences.
How Win FX Works
They don’t give an in-depth explanation how their software works. They mention the fact that they use a similar technology to Google DeepMind’s AlphaGo, using a combination of deep learning, supervised learning, and reinforcement learning algorithms for algorithmic trading.
They go ahead and say that their trading algorithms have different in-built strategy “wizards” that analyze market conditions, and compare previous trading patterns in similar scenarios during the past 20 years of data, and combine everything in one software.
While this might seem impressive, they don’t offer any trading results to back it up.
Win FX Price
Win FX, as the website states, was founded with the belief that you work hard for your money, and so your money should work hard for you.
They have three accounts, listed in the sign-up process as conservative(£10,000 minimum deposit, 40% fee), medium (£50,000 minimum deposit, 35% fee), and aggressive (500,000 deposit, 30% fee).
These fees are charged monthly around the 10th of the next month for the previous month’s profit.
Customer Support
They give a phone number and an email address to contact them.
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 any reviews by paying customers
Conclusion
Win FX doesn’t give an in-depth explanation of their strategy.
We couldn’t find paying customer reviews to gauge the rate of satisfaction in the product
No verifiable trade results
Although the website looks professional, we don’t feel comfortable recommending it to anyone as of the time of this writing.
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