Fx BlasterPro Review

Dec 31, 2020 02:58 PM ET
Fx BlasterPro Review

Fx BlasterPro

Type

Expert Advisor

Price

$229, $459

Strategy

Trend, Hedge, Grid, Martingale

Compatible Platforms

MT4

Currency Pairs

AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, and USD/CAD

Timeframe

n/a

Recommended Min. Deposit

n/a

Recommended Deposit

n/a

Leverage

n/a (1:1000)

Trade length

2 hours

 

Fx BlasterPro presentation

Today’s review will be about an FX BLasterPro robot. From the main statement, we know that the EA can provide Consistent profits for a long period and that it has verified trading results.

Trading Strategy Explanation

Fx BlasterPro Trading Strategy Explanation

Let’s talk about features:

  • The robot is a fully automated trading solution.

  • It has three strategies on the board.

  • The system has a combo of Grid, Trend, Hedge, and conservative Martingale strategies.

  • The EA is simple in using and customizing.

  • We can change any setting to fit our trading style.

  • The system is broker-free. We can work with any broker we want.

  • The system can make significant profits consistently.

  • There’s a money-management system that controls Stop Loss, Take Profit, and Lot Size.

  • The robot is featured by a recovery system. There probably is a Martingale system on the board because it allows increasing Lot Size as many times as needed to cover the lost trade by a winning one. 

  • The system protects us from high slippages and covers Stop Loss and Take Profit levels from broker’s hunting.

Backtest Data Analysis

The developers didn’t provide any backtest reports to check. It’s a huge disadvantage because we have to be sure that this mix of risky strategies works well.

Live Trading Data Analysis

Trading Results

Myfxbook Account

Real (USD), Fort Financial Services

Started

March 17, 2020

Deposit

$1000

Balance

$3067

Gain

+206.71%

Daily

+0.40%

Monthly

+12.69%

Drawdown

-15.12%

Profitability

1.60

Fx BlasterPro Myfxbook

Fx BlasterPro runs a real USD account on the Fort Financial Services broker automatically by using technical indicators with huge leverage - 1:1000 on the Metatrader 4 platform. This account has a verified track record. It was created on March 17, 2020. Since then, the absolute gain has become +206.71%. An average monthly gain is 12.69%. The maximum drawdown is 15.12%. The account is tracked by ten people.

Fx BlasterPro advanced statistics

The robot traded 2758 deals with -4.6 pips. An average win is 10.91 pips, when an average loss is twice higher - 22.30 pips. The win-rate is 66% for Longs and 67% for Shorts. An average trade length is almost three hours. The Profit Factor is 1.60.

Fx BlasterPro trading results

The system works with six currency pairs. Most traded symbols are EUR/JPY (544) and EUR/USD (578). The most profitable ones are GBP/USD ($409) and USD/CAD ($539).

Fx BlasterPro trading results

The robot focuses on opening trades only during European trading hours.

Fx BlasterPro trading results

Tuesday and Wednesday are the most traded days.

Fx BlasterPro trading results

The robot trades with little risk to the account balance. For losing 10%, the EA has to lose 81 deals in a row.

Fx BlasterPro trading results

We don’t know if there’s a conservative Martingale or an aggressive one because there’s info about Lot Sizes hidden. 

Fx BlasterPro monthly gain

For the last six months, the medium monthly profit has been from 3% to up to 5%.

The company

Fx BlasterPro about

The company has a faceless profile on myfxbook that was created on March 11, 2020. It means the company is young or developers try to hide from people in case the robot fails. 

Pricing

Fx BlasterPro Pricing

The developers sell the EA through Click2Sell. It’s a pro.

Fx BlasterPro price

There are two packages Standard and Advanced. The Standard pack costs $299. It has a single license for any type of account. The Advanced pack costs $459 and includes three accounts. 

Fx BlasterPro refund

The company provides an extended refund policy. If something goes wrong, we get a refund and keep our copy of the EA to run for free.

Review Summary

Pros

Cons

  • Strategy explanations provided
  • No team revealed
  • Real-account trading results provided
  • No settings explanations provided
  • Acceptable offer
  • No backtests provided
  • There’s a money-back guarantee
  • Risky strategies on the board
 
  • Mediocre monthly gain
 
  • No people feedback provided

Conclusion

Fx BlasterPro is a robot that uses many risky strategies like Grid, Martingale, Hedge to make 3%-5% monthly gains. As for the EA with these strategies, traders can expect to get over a 10% monthly gain. The rest wouldn’t risk using it without at least two-year trading results.

Rating: 7/10


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