Eros Profit EA Review Is This A Legit Forex Robot

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Ganon Forex Robot Review: Is This A Legit Or Scam Robot?

Ganon Forex Robot Review: this is the name of a Forex auto-trader that is created by the Forex Robot Trader team. Is buying this EA worth it? Read our review to see what experts have to say about the Forex trading software.

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What Are Forex EAs, Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions.

It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more 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.

Ganon Forex Robot Review

The page touts the robot as a “powerful” trading tool. As we mentioned above, this software is designed by the FRT team. They mention that it is currently “terrifying brokers” in the Forex market.

According to the website, it is better than other competitors as it can detect trends better than them. Despite the vendors having some popularity in the market, the new owners are not disclosed.

How Ganon Forex Robot Works

Ganon Forex Robot uses what the page refers to as “exclusive Strand Theory”. This allows the EA to find the healthiest trend trades and removes “fake outs”. A report states that the strategy was worked on for a period of 6 years and it locates the best trend signals. Users can choose from two modes to be used.

The software automatically optimizes settings and levels to trade all currency pairs. Installations do not require any skill and can be completed in 5 minutes. It also promises fully automated trend trades that require little or no effort. Using advanced trend detection, the algorithm finds large trades.

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Ganon Forex Robot Price

The price for the EA at the moment is $99. This is after a 50% slash in price from the usual $199 tag.

Client Feedback

As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.

Not many reviews are available on this product on the Forex Peace Army website. But we found that there was negative feedback from clients, which is discouraging.

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.

Support

There are no means visible on the website to contact the vendor or get more information from a customer service agent.

Conclusion

Ganon Forex Robot gives some sparse details about how it works on the website. This information is not enough and we find the lack of trading results discouraging as well. It is better when the vendor is transparent than giving room for doubts and suspicious.

Forexscalpea.com Review: Is Forex Scalp EA A Legit Robot?

Forex Scalp EA Review: this is the name of a Forex automated trading software that works on MetaTrader 4. Is Forexscalpea.com a scam? Forex robots sound very pleasing as they come in handy but not all of them work well. Read this review to find out more about the product.

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What Are Forex EAs, Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions.

It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more 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.

Forex Scalp EA Review

Like we said in the opening, this automated trader works well on the MetaTrader 4 trading platform. Which is the most popularly used today by many Forex brokers. It is a robot that works using price action drive and scalping.

We do not find any information on who the vendor is to know what sort of reputation the person has. There is also no mention of a location, these are important details that vendors should not leave blank. Unless they are running something illegal and afraid of backlash from the law.

How Forex Scalp EA Works

From the name we can see that this EA uses a method of trading known as scalping. Forex Scalp EA analyzes all the price data and find the best points to make an entry into the market and exit as well. These are done quickly to win trades in the Forex market.

The EA comes with a funds management system to reduce loss. It automatically calculates lot sizes of the orders based on risk value and sets a fixed lot size of the orders. Despite being able to trade all forex pairs, it works better on the following: EURUSD, GBPUSD, USDCHF, EURGBP, EURAUD, and AUDCAD. It makes use of a fixed Stop Loss and Take Profit.

On the website, we found that it can close bad trades as early as possible before even hitting the Stop Loss line. When orders have profits, it will close the orders to get the biggest floating profit at the fastest possible speed when the market is unfavorable.

Readers should note that it does not need hedging and works with FIFO, the leverage can be as low as 1:20 as well. Any amount of funds can be traded with and it does not use Martingale and Grid strategies.

Forex Scalp EA Price

1 License – $199 (Halloween offer is $100)

It comes with free support 24/7 and can trade all currency pairs as was discussed earlier. Payments are accepted via: VISA, MasterCard, Skrill, Bitcoin, ALIPAY and many more. There is a 30-day money back guarantee.

Client Feedback

As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.

We couldn’t find much on client reviews on other websites, but the lack of negative reviews means that no one with a bad experience with the product has come up yet.

Trading results are provided on the MyFxBook website and interested traders should look this up to know if they find them satisfactory.

Support

To touch with the vendor or its customer support team, send an email to: [email protected]

Conclusion

Forex Scalp EA offers a competitive pricing which we encouraging. The information presentation is quite straightforward and professional. Its results are also convincing as well. Only the missing clients’ reviews are our problem for now. Anything to add to this product review? Use the comment section and share your thoughts.

ErosProfitEA.com Review Visit site

About ErosProfitEA.com

The ErosProfitEA is a forex expert advisor. The Eros Profit EA automated forex trading software for the MetaTrader platform has been forward tested on a live account by ForexPeaceArmy. The ErosProfitEA.com forex robot works on EURUSD,GBPUSD,USDCHF and AUDUSD.

  • 1 Performance
  • Live Discussion
  • Video
  • 13 Widgets
  • More .

Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Eros Profit EA -0.01 35.1 -199.623

Performance results may be delayed. Please click the test to see detailed current report.

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Consumer Reviews

Service use: Live

Length of use: 0-3 Months

Service use: Demo

Length of use: 0-3 Months

More on Eros Profit EA – on Monday, Dec 2, the demo EA I am running sold 1 lot of GBPUSD and closed that deal on Wednesday, Dec 4, at a loss of -$1,223.40. Today, Dec 5, I checked the latest statement which showed 22 positions closed on Dec 4, some of them later than when the 1,223.40 loss was closed. However, that loss is not shown on the statement. The highest loss shown is -$89.64 for 0.18 lots of EURUSD. And the average monthly profit shown on a tab on their main web page shows an even higher average profit now than before that very significant loss, which seems impossible. This two things convince me that it’s a scam, at least the advertising side of it.

Dec 3, 2020 – 1 Star I bought this EA about a week ago and the eros profit EA administrators quickly activated it on a demo account for me. But several days after that I asked them to activate the live EA on my live account – it has been two full business days and I have not heard from them yet. More worrying is that I downloaded the excel file they provide to this website purporting to show the trades opened and closed by their EA and found that they did not correlate at all to the trades that were activated in my demo account by this EA. That is very suspicious. It looks to me like the trades shown in the excel file do not result from the default settings of the EA – they may be using some settings unknown to me in their data published on forexpeacearmy.com Or worse, they could be fabricating the results.

Service use: Demo

Length of use: 0-3 Months

I wasn’t able to see a way to edit my previous review but either way this is a dangerous EA because it simply uses a mix of grid and martingale or similar. The grid is about 28 default for all 4 recommended currency pairs, which you can change, and the increase in lots jumped from 0.01 to 0.11 and then 0.22 and so forth so it is an EA destined to crash your account eventually using defaults. Main points are nothing new here, no special algorithm, works like grid and/or martingale. In addition, customer doesn’t respond to emails and I’m in the middle of having filed a dispute with PayPal to get a refund and hope to get it within the next 2 weeks through them and not the seller because seller, as I indicated earlier, does not respond. Avoid the hassle and don’t support this seller. there are better EAs from other sellers.

Nov 7, 2020 – 1 Star Although it is only 27 hours since my purchase, I am not able to use the product. The web site indicated 24×7 support but I haven’t received a reply to 3 emails I’ve sent. It also indicated instant download but it was several hours later that the download links were made available. The web site itself seems antiquated and outdated reminiscent of those a decade or more ago. When I try to drop the EA into a chart I get a message that it is unauthorized and to contact the seller. If I can’t use it I’ll contact PayPal and initiate a dispute for refund due to vendor not providing a working product as it is nonfunctional as is. I’m posting this now to try to prevent others from making a mistake. Unless I update later, consider this a scam type company and making fraudulent solicitations to the public.

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