WrenFX Review

Jun 22, 2021 12:39 PM ET
WrenFX Review



Expert advisor


$299, $399, $499



Compatible Platforms


Currency Pairs




Recommended Min. Deposit


Recommended Deposit




Trade length

48 hours

WrenFX presentation

WrenFX EA has a mediocre presentation that doesn’t provide us with all the required information about the system. The main claim is “Artificial Intelligence-powered Forex Expert Advisor. Customized and versatile platform that enhances your Forex Trading experience.”

Trading Strategy Explanation

We have little details explained for us:

WrenFX Trading Strategy Explanation

WrenFX Trading Strategy Explanation

  • The system is a fully automated trading solution. 

  • It can calculate the right Entry Point and cares about deals from opening to closing. 

  • The robot doesn’t require us to have previous experience in Forex trading.

  • The minimal deposit requirements are $200 to get started.

  • There are not many steps that should be performed to install the system on a terminal.

  • The robot works with different types of accounts like ECN, NDD, Standard, Micro, and Mini. 

  • It “performs different activities based on preset rules to manage all the assigned tasks right from sending orders, adjust stop losses and find profit levels.

  • The robot doesn’t use Hedge or Scalp strategies.

  • It avoids working with strategies that can bring huge losses.

  • Smart money management can reduce risks involved in trading. 

  • We can rely on 24/7 support.

  • The system can trade EURUSD, USDCHF, EURCHF, and USDJPY.

  • The minimum deposit requirements are $200 for standard accounts using EA's default settings.

Backtest Data Analysis

WrenFX Backtest

We have a EURUSD backtest on the H1 time frame. The modeling quality was 90.00%. The spreads were unreal - 20 pips. It’s okay. An initial deposit was $1000. The total net profit has become $454,165. The profit factor was 4.69. The maximal drawdown was 33.96%. The system has closed 296 deals with 90.51% of the win rate for Shorts and 88.68% for Longs. 

Live Trading Data Analysis

Trading Results

Myfxbook Account

Real (USD), CryptoRocket


May 13, 2021















WrenFX Myfxbook

We have the system running on the real USD account on CryptoRocket automatically. The leverage is 1:500. The platform is MT4. The account has a verified track record. It was created on May 13, 2021, and deposited at $5,000. Since then, the absolute gain has become 30.12%. The maximum drawdown is huge - 42.93%. The account is tracked by one investor. 

WrenFX drawdown

The drawdowns have increased significantly. 

WrenFX advanced statistics

There were 19 deals traded with 160.1 pips gained. An average profit is 18.54 pips when an average loss is -18.18 pips. The robot closed 19.60 lots. The win rate is 66% for Longs and 80% for Shorts. An average trade length is two days. The Profit Factor is 2.44. 

WrenFX trading results

All symbols are profitable in all trade directions. USDJPY is the most traded symbol and the most profitable. 

WrenFX trading results

It traded Asian and European trading sessions. 

WrenFX trading results

Wednesday, as it should be, is the most traded day. 

WrenFX trading results

The system works with high risks to the account balance. 

WrenFX trading results

We can even see how the robot sits in drawdowns. 

WrenFX trading results

There’s a single page of trading results provided. 

WrenFX monthly gain

The robot is such a young trading solution. 

The Company

We know nothing about the company and developers behind it. They remain unnamed. It’s not welcome. 


WrenFX Pricing

There are three packages: Basic, Pro, Enterprise. The basic pack costs $299 for two real account licenses for 18 months. The Pro pack costs $399 for three licenses for 24 months. The enterprise pack costs $499 for four real account licenses for lifetime. We can rely on free updates, 24/7 support, and a 30-day money-back guarantee. The robot will be sold through Click2Sell.eu. 

Review Summary



  • Backtest reports provided
  • No team revealed 
  • Real-account trading results provided
  • No strategy details published
  • A 30-day refund policy provided
  • No risk or money-management advice given
  • Two packs don’t include lifetime licenses
  • The system is too young
  • No people’s feedback provided


WrenFX is a just-released trading solution that makes some profits on the real account. It’s too early to talk about if the system is viable for real account trading. If you want, you may track its trading results until the middle of Fall 2021. 

Rating: 4/10

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