LeapFX Trade Explorer EA Review
Trade Explorer is a fully automated trading robot with a complete software package and detailed guides. This means that you never have to do anything except follow the system’s guidance. You can use this EA on either the MT4 or the MT5 trading platforms. Its developer also offers regular updates free of charge.
LeapFX’s Trade Explorer EA
LeapFX’s Trade Explorer is a forex robot that allegedly scans currency pairs for profit opportunities, allowing you to make fast and reliable trades. Depending on your account type and broker, it can work with just about any broker, although the vendor will probably suggest a compatible broker. The software uses an advanced dynamic trade management system. Trade Explorer was developed by LeapFX, which partners with signal providers and experienced Forex traders to ensure its systems are trustworthy.
A few negatives: The Trade Explorer is an automated robot with a high price tag, and there are few backtests and customer testimonials. In addition, the EA developer doesn’t provide any information about how it works. This results in poorer returns than you expect, and you might have to wait a half year to see a profit.
Trade Explorer is one of the better LeapFX forex robots, but it also has a few disadvantages. It produces impressive results but lacks information about trading strategies. Because of this, you may want to try out Trade Explorer on a demo account before deciding.
It’s a trading strategy
One of the main advantages of Trade Explorer is that it can generate outrageous profits for users. The company claims that the software can achieve profits of around 20% monthly on low-risk accounts and over 50-100% gains on high-risk accounts. It also claims to be user-friendly and easy to learn. Developed by LeapFX, a company that has already created several expert advisors, Trade Explorer promises to increase profits with minimal human involvement.
The trading strategy employed by Trade Explorer EA is based on the half-trend indicator. This indicator identifies price trends and analyses them for the next few hours and days. It then enables you to trade accordingly with specific risk and profitability settings. This trading strategy is suitable for the CENT accounts and works on all 27 currency pairs.
Another benefit of Trade Explorer EA is its easy-to-understand guides and optimized settings. All you need to do is load the settings, and you’re ready to go. The best part is the software also offers free updates and customer support.
Its money-back guarantee
If you’re not satisfied with the results of Trade Explorer EA, you can get your money back, no questions asked. A 30-day money-back guarantee backs it. Despite being a grid-based EA, Trade Explorer is not perfect. It sometimes trades on the wrong side of the market.
The developer of Trade Explorer claims that it can produce outrageous profits for users. It can generate about 20% per month or up to 50-100% for higher-risk accounts. Its user-friendly interface makes traders a passive income and helps them manage risk. It is made by LeapFX, a company that has developed many Forex products.
The company behind Trade Explorer claims that this automated trading robot is a verified Forex robot. The system scans currency pairs for profitable opportunities and can be used with any broker. However, the vendor will recommend a broker that works well with the EA. The vendor also claims that the system uses a dynamic trade management system.
The Trade Explorer EA has many advantages, but its main disadvantage is that it lacks strategic insight. However, it is a beginner-friendly ATS that can work with 27 currency pairs and has a proven track record. It is developed by LeapFX, which has already produced other expert advisors and signals. It offers customer support and recommendations and offers a one-year membership for $397 or a lifetime membership for $697.
The reliability of the Trade Explorer EA can be determined by checking its performance record. I’ve used the EA on my Myfxbook account for almost two years. During that time, I’ve consistently made substantial profits and maintained the viability of my account. Therefore, the risk/reward ratio is low, and the profit potential is high.
This expert advisor is reliable and stable. It has a maximum drawdown of seven percent and average monthly profits of seven to 10 percent. Moreover, it can boost your trading account by fifteen to twenty-five percent yearly. Its reliability is also assured by its low price. If unsatisfied with the program’s performance, you can opt for a refund within 30 days.