Have you been trying to get a detailed Agimat EA review?
Do you intend to buy the expert advisor soon but you are not sure of how it performs?
If your answer to any of the questions is yes, then, you are in the right place.
Here is a precise review of the expert advisor.
After reading this review to the end, you should be able to make a final decision on whether to buy the expert advisor or not.
This review will tell you whether the Agimat expert advisor is one of the 90% of forex robots that are on the internet that are scams.
Or if it is just one of the 10% that are real.
The Agimat expert advisor is a forex expert advisor that uses an efficient hedge feature.
This feature protects a user’s account against losses.
Also, this robot trades only two currency pairs which are EUR/USD and USD/CHF.
The expert advisor has a feature that makes it adapt to new market conditions.
With this feature, even on bad market days, a user’s trading results will not be affected.
Furthermore, this robot has a neural network.
The neural network has a live data feed of all important forex news.
Through this network, the expert advisor will be able to adjust to different economic news.
In addition, the minimum amount that a trader requires to start placing trades on this robot is 1000 USD.
This robot can also open 5-6 trades at a time.
Robot Faq | Answers |
---|---|
Trust Score | 25% |
Price | 297 Euros |
Refund? | No Money-Back Guarantee |
Strategy | Hedge and Scalping strategy |
Currency Pairs | EUR/USD & USD/CHF |
Fully Automated? | Yes |
Trading Platforms | MT4 |
Live Account | Yes |
Historical ROI | 5-15% Monthly ROI |
Website | Agimat EA Website |
However, do you think these features are good enough to make you buy the robot?
Don’t stop reading at this point.
Agimat EA Review: Strategy Review.
The robot has some strategies that it uses in placing trades.
However, this robot makes use of a neural network.
The neural network has a live data feed of all important forex news.
Also, the Agimat expert advisor uses an efficient hedge feature that protects a trader’s account against losses.
Agimat EA Review: Live Account
The Agimat expert advisor has live account proof.
On the live account proof, the robot performed well to some extent.
In fact, this robot has the ability to make a 5-15% monthly ROI.
However, the robot recorded an average win of 45.45 USD while its average loss was -64.48 USD.
That should ring something to your ears once you read to this point.
Should You Buy The Robot?
Why would you want to buy a robot that has no money-back guarantee?
The Agimat expert advisor has no money-back guarantee.
Without the money-back guarantee, a user cannot get a refundment when the expert advisor does not perform to his expectations.
Remember that the main feature of many Ponzi Schemes today is the absence of a money-back guarantee.
Also, remember that a money-back guarantee is one of the six factors you should consider when buying a robot.
Once you cannot get a refund after paying, you should be worried about such an expert advisor.
In addition, there is a very high possibility that a user can lose all his trading capital in a day using this robot.
This robot lost about 306.20 USD in a day upon live account trading.
Even though the robot has always recorded low drawdowns on every trade, once the losses are becoming huge, you should be scared of getting such an expert advisor.
Lastly, this robot overtrades.
Overtrading is just one of the simplest ways of losing all your money as a forex trader.
Most forex traders overtrade due to greed. They try not to miss chances on charts and in the end, they end up running at loss.
The Agimat expert advisor can open up to 5-6 trades at a time.
Whereas the forex market is always active for 24 hours.
Now, let us do a quick calculation.
Assuming that the robot places 5 trades at a time and it spots nice entry positions 4 times in a day.
That means that the robot can place up to 20 trades that day which is too much for some users with low capital.
Related: Forex Megadroid Review.
SUMMARY
The Agimat expert advisor is one of the forex robots that are available on the internet today.
It works with a neural network that has a news feed of all important forex news.
Through this network, the expert advisor will be able to adjust to different economic news.
This expert advisor requires a minimum capital of 1000USD to start trading and it can place up to 5-6 trades at a time.
However, the expert advisor has shortcomings which every intending buyer must look out for.
Here are some of the shortcomings:
Firstly, this expert advisor has no money-back guarantee. Without a money-back guarantee, a user can never get a refund when the expert advisor does not perform to his expectations.
Also, the expert advisor overtrades.
Agimat expert advisor can open up to 5-6 trades at a time. This is something you should be wary about as n intending buyer.
Lastly, there is a very high probability that you can lose all your money while using this robot.
This robot recorded a loss of -306.20 in a single day.
Do you still want to buy the robot after reading to this point?
If I were you, I will keep visiting forex dominant for more articles and reviews like this.
Or I register for an advanced forex class to learn more about the forex market.
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