This Fx Charger EA review will provide full details about the robot and what you should consider before buying the robot.
Do you intend to use the Fx charger expert charger to complement your manual trading?
Then, this review is for you.
The Fx charger expert advisor is a robot that trades for 24 hours daily.
It works with any broker and makes use of an intellectual stop-loss and take-profit technique.
This robot has two different prices.
These prices depend on the kind of plan that a user wants to subscribe to.
The Fx charger basic plan is $385.
While the Fx charger max plan is $495.
Also, the Fx Charger basic works only on the EUR/USD pair.
While the Fx charger max works on the AUD/USD, EUR/USD, and EUR/GBP pairs.
However, are these features good enough to make you buy the robot?
|Price||$385 for the Fx Charger Basic package and $495 for the Fx Charger max Package.|
|Refund?||30 Days Money Back Guarantee|
|Currency Pairs||EUR/USD, AUD/USD, and EUR/GBP.|
|Trading Platforms||MT4 and MT5|
|Historical ROI||Not Disclosed|
|Website||Fx Charger EA Website|
Fx Charger EA Review: Strategy Review.
The developers of this robot did not reveal the exact strategy that it uses.
However, the robot secures a user’s deposit using intellectual stop-loss technology.
Also, the robot closes orders within 1-4 days. These are according to claims made on the vendors website.
Fx Charger EA Review: Live Account.
The robot has different proof of live account trading. Also, it has different proof of backtesting.
However, the robot recorded huge drawdowns on these live accounts.
These backtesting results are of two types; the high profitability mode and the normal mode.
This high profitability mode makes the robot record huge profits with short trades.
Should You Buy The Robot?
Firstly, the robot recorded huge drawdowns upon live trading.
Some of these drawdowns include -57.29%, -54.79%, and so on.
The higher the drawdown that a robot records, the higher the probability that such a robot will lose the next trade.
Drawdowns help to explain how vulnerable a trader’s trade can be to losses.
Why then should an intending user buy a robot that puts them at risk of losing their money?
Remember that one huge loss can make a trader lose all his trading capital. Losing a trading capital might mark the end of a trader’s trading journey.
Also, another thing to consider when buying a robot is its pricing.
This robot has two prices for two different packages.
The Fx charger basic package’s price is $385 while the price of the Fx charger max plan is $495.
Does this mean that some users will get more chances of winning trades over some?
In addition, the backtesting results of this robot are too good to be true.
This robot turned a $10,000 account into $6,865,178.90 in 711 under the high profitability mode.
The robot also turned a $10,000 account into $19,207351 in 1450 trades.
These results are too good to be true.
Lastly, would you love to buy a robot with the worst trade that is two times better than its best trade?
This robot recorded the worst trade of -172 pips on a certain account.
On that same account, its best trade was an accumulation of 92 pips.
The Fx charger Ea is an expert advisor that trades for 24 hours daily and works with any broker.
It saves a user’s capital with intellectual stop-loss technology.
However, the robot has its shortcomings.
Here are some of the shortcomings:
The robot recorded huge drawdowns on its live trading results.
Some of these drawdowns are -54.79%, -57.29%, and so on.
Also, the robot has two different pricing
The Fx charger basic plan’s price is $385 while the max plan’s price is $495.
Remember that one of the six most important things to consider when buying a robot is the robot’s pricing.
Lastly, the results of this robot’s backtesting are too good to be true.
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 reviews like this.
Or I register for an advanced class to get a better understanding of the forex market.
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