Arbitron is a new Forex expert advisor promising to provide traders with “easy arbitrage trading.” The vendors me extremely aggressive claims telling the public that the software easily and repeatedly gained “over 21,000% profit month to month all with complete automation. When we see claims like these, the first thing we think is that this is a scam, which makes the start to this review much more skeptical than other products we’ve reviewed in recent times.
The creator of the software is LeapFX, a well-known developer in the Forex marketplace that is behind a multitude of different products and services. They’ve recently released the LeapFX Trading Academy, Star Trader EA, and Power Trader software. Many in the community believe they are releasing too many products, which makes it hard to believe they are providing ample support for each, but this isn’t a substantiated belief.
The creators of the Arbitron EA believe that arbitrage trading is the perfect method for an automated trading program. They compare their trading approach to stock market insider trading except instead of trying to predict future market movement, there are actually trying to identify their the market will go based on the price feeds of competing brokerages. In order for an approach like this to work, the execution speed and latency generally have to be incredibly fast or else it won’t work.
The developers actually make note of many of the issues with arbitrage trading, and claim that they are all myths.
NB: Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners. With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout In First Few Hours After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase.
These are the reasons they’ve highlighted, and as far as we’re concerned some of them do hold weight:
What we first find surprising is that the vendor mentions the faults of the product. It states that it is difficult to find fast price feeds, brokers don’t allow it, it is illegal, and not suitable for the popular MT4.
Because Arbitrage is a risky strategy and have led to many losses. Many programmers avoid it but Arbitron EA employs the strategy of comparison. It compares fast price feed with slow price feed broker and places fast trades as it already predicts future price. All this is done by a specially designed software.
The EA shows the price feed software using images and how it works on charts as well. It uses the M1 timeframe for operations.
The strategy behind the Arbitron EA is simple, but many developers have attempted arbitrage trading in the expert advisor arena and failed. The entire concept is that the robot uses a special software that compares a fast price feed the with a slow price feed broker, and then place very fast trades based on already knowing the future price. Is a novel idea, but there is yet to be a best Forex robot that his use this strategy in the history of the markets. LeapFX feels they can be that outlier.
Unlike most arbitrage EA’s we’ve seen in the past, the Arbitron robot does provide images of their price feeding software, and also shows us how it looks specifically on the chart. This is definitely a positive aspect, because many product developers in the past have just promised this trading strategy, without actually following through with it.
There are 2 ways for traders to purchase the Arbitron EA. There is a 3 month payment plan which costs $347 per month, or a one time payment of $799. All of these products come with lifetime licenses, the software, updates and support. This price point is really quite high compared to the rest of the marketplace, and $500 more than the number one rated product. You can see in our recent reviews of WinScalper, and Velocity Expert Advisor, that the average price point in this marketplace is much lower.
Not much is available on third party websites by way of reviews from clients. This is not encouraging and if the gains it claims are real, clients’ reviews would be higher and more positive.
Results are available on Myfxbook via three accounts. The results show gains of up to 11500% which is not only ridiculously high but almost impossible.
LeapFX provides us with 3 Arbitron robot Myfxbook accounts. All 3 of these accounts show ridiculous gains ranging from 300% to 11500%, but it’s very difficult to trust this information because almost every single time we’ve seen account like this in the past, the robot is unable to reproduce the results for actual clients. If these are actually truthful results, then this will be a must buy software, but we aren’t sure if they are.
One red flag is the fact that they are hiding just about every important aspect of the software. We have no access to their open trades, history, that’s trade, worst trade, lots, commissions, balance, equity, deposits, withdrawals and more.
We would really like to know why so much information is being hided? Is it because the developers are doing something shady? That’s really what we would like to know.
Pricing of Arbitron EA is high and not competitive enough. It has an advantage as it gives price feed images but we find it hard to trust the results this vendor provides.
We really won’t be on board with the Arbitron EA until we see some real client trading accounts, and community feedback proving that the software works for average traders. Obviously, we prefer to avoid any sort of distrust, but with the results being provided here have to be skeptical for the sake of the Forex robot nation readers. If you have anything you would like to add to the review, please leave your questions and remarks below. Otherwise we highly recommend using these trading tools.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
Valforex.com cannot be held liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More