ZenoForexTrading.com Review: EAs are created to assist and guide traders to navigate the perilous journey of trading. Join in this review as we answer questions such as Is Zeno Forex Trading Legit? Is Zeno Forex Trading good? Basically, we aim to check if buying from this EA provider is worth it? Read through our review to see what experts have to say about the Zeno Forex Trading.
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 starts 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 is 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 just out to deceive and steal your funds. Considering what they offer and proofs are effective means of discovering fraud and reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
Zeno Forex EA Review
Zeno strategics group launched this service in 2010. They do not provide an address or any location for their head office. They also do not disclose members of their team.
How Zeno Forex Booster EA Works
In this section, we cover the strategy of the EA. We also looked at the trade result if they provide any. We hold Trade results posted on myfxbook to be standard, but we also consider fxblue and other alternatives.
Zeno forex trading platform offers multiple options. These options range from managed accounts, daily live trading desk, and a live manual forex trading.
Manual Trading
This service provides forex signals throughout the weekdays from 08:00 to 22:00 UK time, and they can be followed directly from the webinar.
As usual with providers of today Zeno forex does not provide any information on their strategy.
Auto Trading
Here, traders link the software to the master account so they can receive trades automatically in MT4.
Zeno Forex Trading EA Price
Manual trading £449.99 per month
Auto trading £99.99 per month
Client Feedback
Customer feedback is a vital instrument for us to offer a quantitative review and analysis of an EA. We mostly consider feedbacks on third-party sites, as the EA team can concoct or pay for manipulated reviews on the official page.
We could not find many reviews by customers who had used this EA before, at least not enough to form a conclusive decision.
Conclusion
After going through all aspects of this EA provider, we concluded that it has only done the barest minimum in convincing us that their manual or automatic trading is any good.
At the time of this writing, they do not satisfy us with gaps between what it promises and what it delivers. We will reserve judgment for now as we wait for a while for this EA to flesh out their presentation.
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Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
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Strategy: Stop and Reverse
Time Frame: All time frames
Currency Pairs: EUR/USD, EUR/GBP and USD/CHF
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Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
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