Powerful Forex EA Review
We are back with another review namely “Powerful Forex EA Review” for you. We have done ultimate search about this trading bot. This Forex robot is your personal powerful advisor with advanced trading strategy. In addition to this, it comes with incredible specs and features. In this review we will highlight it’s specifications, trading strategy and features for you. We are constantly updating our website so you can also visit it in order to find the best robot for you.
So let’s start the review and see if this Forex robot will be able to make it to our Best Expert Advisor page or not!
What is Powerful Forex EA?
This Forex robot is very easy to use and setup. This robot uses the formula of previous market condition in order to make decisions. It will analyze the market condition unlike other Forex robot that use certain indicators. The results from the market condition will enable it to make the current trade. It offers money-management and works on take-profit stop-loss strategy. You can start with little deposit of $340.
The settings are intentionally done for the ones who are new to this trading market. So you can set the robot to default and it will work for you. You don’t have to learn complicated stuff before starting Forex trading. This robot will turn out be a perfect Expert Advisor for professional trading.
Creator of Powerful Forex EA
Unfortunately we are unable to find any information about the developers of this Forex robot. We have searched their website but we couldn’t find much data about the creators. Though they offer customer support and money back guarantee but that is not enough for the buyers. Because buyers want to know about the team behind the robot first because it is an indicator of transparency. So we hope that they will focus on this limitation because it is a source of inconvenience who want to buy this robot.
Key Features of Powerful Forex EA
- This Forex robot is very easy to set up.
- It is beginner friendly with it’s default settings.
- The results are verified by myfxbook.
- The drawdown rate is very low and win rate is up to 75%.
- It can work with two different currency pairs including EURUSD, and AUDUSD.
- The settings are customize-able though beginners can go with default settings.
- You will get unlimited license upon buying this software.
- It work on H1 timeframe.
- You will also get a detailed user guide to operate this robot.
What is it’s trading strategy?
This Forex robot works on it’s own trading strategy. As we have already discussed that there aren’t any indicators that can help trading. But actually it works by analyzing the market condition and keeping an eye on the current situation. It also offers money management that is going to protect your money. You just need a minimum deposit of $340. You can also see the results of the trading accounts on their website. The accounts are open for verified trades. You can also check the result from third-party website. It can work with two currency pairs including EURUSD, and AUDUSD. The timeframe of H1 is used in trading.
- It is easy to use for the beginners.
- You can get unlimited license and free updates.
- It can work with two different currency pairs at H1 timeframe.
- This Forex robot works with smart calculations and lesser drawdown rate.
- It comes with 30 days money back guarantee.
- The price is slightly high for the buyers.
- There is no specified working strategy for use.
- The deposit is very high i.e. $340 and it is difficult for the beginner to start with such a large amount.
Result via Myfxbook
In this part of Powerful Forex EA Review, we will talk about the results. You can see the live performance results with the details of demo account. The results are being verified by the third-party website myfxbook. You will be happy to hear that the results are quite positive with 75% win rate. The drawback rate is quite low which is a positive indicator.
Powerful Forex EA Pricing Plans
In this segment of Powerful Forex EA Review, we will talk about the pricing plan. There is a single package offered by the vendors and we will enlist the services that comes within this package.
Pricing Plan 1
- Lifetime license
- Real and Demo accounts
- Free updates
- 30 days money back guarantee
Powerful Forex EA Reviews by Clients
In this section of Powerful Forex EA Review, we will talk about the feedback offered by the people who want to buy this robot. If we talk about the results, people are happy with the profit but the deposit is quite high making it difficult to start trading by using a lot of interest.
Summary of Powerful Forex EA Review
We have come to the end of Powerful Forex EA Review. We have highlight all the features, trading strategy and pricing plans for you. This Forex robot does not work with complicated techniques so it is easy to use for the beginners. It works well for the newbies who want to start trading with this robot. It works with two different currency pairs and with a specific timeframe. This trading bot uses a large deposit of $340 so it may not be affordable for most of the buyers. But if you are satisfied with the specifications and trading strategy then what are you waiting for?