FX Fortnite Review

Nov 24, 2020 03:13 PM ET
FX Fortnite Review

FX Fortnite

Type

Fully-automated EA

Price

$149-$249 

Strategy

Trend and Hedge

Compatible Platforms

MT4

Currency Pairs

EUR/CHF

Timeframe

H1

Recommended Min. Deposit

$1000

Recommended Deposit

n/a

Leverage

Minimum 1:100

Trade length

Over two days

 

FX Fortnite

FX Fortnite is a fully automated expert advisor. 

FX Fortnite Terms and Conditions

From the Terms and Conditions chapter, we know that there was a FxFortnite dot EU site, now only FxFortnite dot com. The previous version of the site is not available. It’s so suspicious. 

Trading Strategy Explanation

The presentation starts with trading results, but we want to put them aside to check what’s up with the EA.

  • The EA is a fully automated trading solution.

  • It uses Trend and Hedging as the main strategies. 

  • It can work with High, Middle, and Conservative risks.

  • The best pair to work with is EUR/CHF (it’s a rare pair for implementing into an EA) on the H1 time frame.

  • The robot works with any brokerage house that supports MT4.

  • For a Standard account, the balance should be from $1000.

  • For a Cent account, it’d be over $10.

  • They recommend leverage from 1:100.

  • There’s an indicator that analyzes the market. (Seriously? Just a single one? Is it a Buy/Sell Indicator that’s free?).

  • The robot is easy to use (?).

  • The developers provide 24/7 support.

Backtest Data Analysis

We’ve got three backtest reports with different risks from Aggressive to Conservative ones.

FX Fortnite Backtest Data Analysis

If we try to load this report on Chrome, the browser crashes because there’s a problem with loading Graph. This is a EUR/CHF report on the H1 time frame for eight months. The modeling quality was 90.00%. An initial deposit of $1000 has become $5185 of the total net profit. The Profit Factor is 2.84. The EA closed 6891 deals with a 77%-78% win-rate. The average win-streak is ten deals, lose-streak is three deals (it’s high).

Live Trading Data Analysis

The key info we’ve gathered in the simple and useful sheet.

Trading Results

Myfxbook Account

Real (USD), IC Markets

Started

Aug 12, 2020

Deposit

$500

Balance

$1398.78

Gain

+179.8%

Daily

n/a

Monthly

+34.4%

Drawdown

-0.01%

Profitability

2.86

 

FX Fortnite Live Trading Data Analysis

It’s a real USD account that was created on August 12, 2020, and deposited at $500. 

FX Fortnite Live Trading Data Analysis

The account is online for 101 days. The absolute gain is +179.8%. An average monthly gain is +34.4%. The EA works with 74.3% win-rate trading over 11 trades daily. The Profit Factor is 2.86.

FX Fortnite Live Trading Data Analysis

The robot works with a 12.73 Risk Reward Ratio. The average trade length is over two days. The average win (+1.59) equals the average loss (-1.61).

FX Fortnite Live Trading Data Analysis

The robot trades both directions equally by the number of deals and profits.

FX Fortnite Live Trading Data Analysis

There’s only one system on the board.

FX Fortnite Live Trading Data Analysis

On Fridays, the EA opens little trades compared with other days.

FX Fortnite Live Trading Data Analysis

Most of the trades were opened during a European trading session.

FX Fortnite Live Trading Data Analysis

In the first two months, the EA traded with insane risks to the account balance to reach over 40% of the account gain.

The company

FX Fortnite affiliate program

The company has its own affiliate program that offers 30% for each sold copy. 

FX Fortnite affiliate program

They promote ICMarkets as a brokerage company to trade through.

Pricing

The robot is available in three packages: Bronze, Gold, and Platinum. The Bronze one costs $149 and includes one real and one demo account and a money-back guarantee. There’ll be free updates and upgrades. The Gold pack costs $199 and includes two real and two demo licenses. The Platinum pack costs $249 and is featured by three real and three demo licenses.

Review Summary

Pros

Cons

  • Backtests provided
  • No team revealed
  • Real-account trading results provided
  • It trades only one symbol
  • Good Profit Factor
  • No people feedback provided
  • Money-back-guarantee provided
  • The robot trades only several months

Conclusion

FX Fortnite is a robot that focuses on Trend and Hedge strategies. The robot trades on the real account just for several months to tell something for sure about its performance and how the EA recovers after losses. FX Fortnite trades only a single currency pair - EUR/CHF and has quite high margin requirements because trades are opened for days.

Rating: 8/10


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