Aurum EA Review

May 31, 2022 07:57 PM ET
Aurum EA Review

Aurum EA is a trading solution for making profits on Forex. We have a claim that we can double our account automatically every month. So, we have decided to take a closer look at it.

Aurum EA

Type

Expert Advisor

Price

199 EUR and 249 EUR

Strategy

Trend

Compatible Platforms

MT4

Currency Pairs

XAUUSD, EURUSD, USDJPY, GBPUSD, USDCHF, GBPJPY, and AUDJPY

Timeframe

N/A

Recommended Min. Deposit

$100

Recommended Deposit

$100

Leverage

1:20

Trade length

N/A

Trading strategy explanation

There are some details, features, and settings systemized in the following list for your comfort. 

  • We can expect that the robot will open and close orders on the terminal automatically.

  • The developers claimed this robot as the best one.

  • We are allowed to work with it on a home PC.

  • It’s possible to generate from 30% to up to 100% monthly.

  • It manages orders 24/5 on the market.

  • We can work with XAUUSD, EURUSD, USDJPY, GBPUSD, USDCHF, GBPJPY, and AUDJPY.

  • There were mentions about effective strategies behind the system.

  • It places SL levels to cover our account from being lost.

  • The robot works with a Trend strategy seeking opportunities to open a trade in the market direction.

  • The win rate can be 98%.

  • Every deal has a large potential for moving towards profit and a small potential for loss.

  • The robot doesn’t require us to have proper trading experience to get started.

  • It doesn’t use Martingale to recover after losses.

  • We should have $100 or more on the balance. 

Backtest data analysis

Aurum EA backtest.

The report files include only screenshots of the chart growth. So, without the final report it’s not possible to tell for sure how well the system was tested.

Live trading data analysis

Aurum EA trading results.

We have only screenshots of trading results. The developers don’t share widgets on the actual trading results. From the chart, we can note that the screenshot was taken at the end of January 2022. The account was created on April 04, 2016. Its absolute gain was 2405.92%. An average monthly gain was 4.64%. The maximum drawdown was 13.26%. As we could see, there are no 100% monthly profits mentioned before.

The company

The developers don’t provide information about the company. We have various robots designed by the site owners: Aurum EA, Machine EA, Cosmonaut FX, POWER EA, ZEUS EA, ANGRY RABBIT, and CLASSICUS EA.

Pricing

The offer includes a lifetime price of 249 EUR. We will get a robot, unlimited licenses for any number of accounts, detailed instructions, and online support. A single license for a real account costs 199 EUR. There’s no refund policy applied.

Review summary

Pros

Cons

  • Medium pricing
  • No team revealed
 
  • No risk advice given
 
  • No indicators explanations provided
 
  • No settings explanations shown
 
  • No backtest reports provided
 
  • No trading results shown
 
  • No refund policy applied
 
  • No people’s testimonials published

Aurum EA is a trading solution that has a simple presentation that doesn’t include backtest reports or trading results. So, it’s hard to check the claim that the system can double our account or work with a win rate of 98%. 

Rating: 2/10


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