FxPro Dragon Review

Jun 23, 2021 02:32 PM ET
FxPro Dragon Review

FxPro Dragon is a robot that is capable of running independently or in combination with other systems. According to the vendor, it does not have a high trading frequency, unlike other EAs. Instead, it looks for accurate entries with each order.

On the official website, the vendor explains in detail what the system is about and how it operates. A list of all the main features is provided followed by the live trading and backtesting results. The vendor has also shared the pricing details with an email address.

FxPro Dragon


Fully-automated EA





Compatible Platforms


Currency Pairs




Recommended Min. Deposit


Recommended Deposit




Trading Strategy Explanation

As per vendor claims, FxPro Dragon does not make impulsive trading decisions, unlike a human trader. It follows a strict rationale, analyzing all the figures before it enters a trade. The algorithm that the system is based on allows it to trade in multiple currency pairs. 

After you sign up on the website and download the program, you can complete the installation process within 5 minutes. This is an EA that can adapt to 4 digit brokers and that is backed by a responsive support team who can answer all your queries. You don’t need to perform any additional customizations for the system to work properly. The vendor recommends using this robot for the H4 timeframe.

Unfortunately, we don't have any explanation for the trading strategy used by this EA, which is rather disappointing. It leaves us guessing what kind of indicators this system uses, if any. By knowing the details of a trading strategy, it is possible to determine how well the system can perform in the live market. In the absence of the same, many individuals might not feel confident enough to purchase the robot.

Backtest Data Analysis

FxPro Dragon Backtest

This backtest was carried out on the USD/CAD pair from January 2017 to December 2020 with 90% modeling quality. An initial deposit of $2450 was made for this test, using which a total net profit of $1178579.40 was generated. A total of 541 trades were placed for this backtest, out of which 461 were won. This represents a win rate of 92.41%.

We can see that the relative drawdown for this backtest was a bit high at 22%. This means there is a significant chance of suffering a loss while trading with this EA. During this backtest, FxPro Dragon had a profit factor of 101.41.

Live Trading Data Analysis

Trading Results

FXBlue Account

Real (USD), Forex.com


Jun 03, 2021















FxPro Dragon trading results

This live trading account on FXBlue was launched in June 2021 and has a trading history of 86 days. With such a short trading history, it becomes difficult for us to objectively assess the profitability of the EA. Only 40 trades have been placed through this account to date, with 37 wins and 3 losses.

Currently, the total profit generated through this account stands at $3271.22. The profit factor is 43.69, which is a bit lower than what we saw in the backtesting data. 


There are two pricing plans available for FXPro Dragon, namely Standard and Premium. The Standard plan is priced at $129 and it gives you access to 1 real and 1 demo account. For $169, you can get the Premium plan that comes with 3 real and 2 demo accounts. The vendor provides a 30-day money-back guarantee for both plans.

Customer Reviews

We were unable to find any customer reviews for FxPro Dragon on websites like Quora, Myfxbook, Trustpilot, and Forexpeacearmy. It is quite clear that this EA has not yet managed to earn a reputation for itself.

Vendor Transparency

We don’t have any background information on the company behind FxPro Dragon. The vendor has not shared the identities of the developers and traders, and we don’t have a physical address for the company. Thus, FxPro Dragon does not offer much in terms of vendor transparency.

Review Summary


  • Verified trading results

  • Money-back guarantee


  • Short trading history

  • Lack of strategy insight

  • Lack of vendor transparency


You should never invest in a Forex robot that doesn’t have several months of live trading data. FxPro Dragon is a system that has not been trading live for too long, which makes it difficult to assign too much importance to the live trading statistics. Furthermore, it uses an unknown strategy, which again makes it a risky EA to invest in. 

Rating: 3.8/10

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