Best Scalper is a Forex EA that allegedly claims it is the best in the market. It also can scalp the Asian market. The software is only trading GBPUSD and EURUSD currency pair. The company believes that its EA is helpful to their clients.
However, in this review, we shall discuss in detail whether this system is worth your money. The founder believes that the software will earn you stable and consistent profits. They additionally feature MyFxBook trading results to show investors how they have been faring in the market.
The platform believes that this software is all you need to have decent returns. They have two packages. You can choose to purchase a single license for $299. It has one real account and a free demo.
Also, you can buy a full license that has two real accounts and a free demo. It also has a free update like the single license. The price for this package is $399. There are different methods that you can use when making a deposit. These include; PayPal, VISA, MasterCard, Bank transfer option, among others.
We do not recommend investors to deposit funds with this system due to the software loopholes. The company has not done much when it comes to showing investors the value of their money. The only thing the platform has is several years in the market. The profits that you get depend on the broker that you choose.
Regardless they are not profitable, and we would ask you to stay away until the firm proves their latest performance. Keep reading to have more insight into this Forex trading bot.
The Forex trading EA was launched in January 2014, and it has a low Alexa ranking of 2,465,779. The company fails to present any information regarding its owner. It is essential that you know the people you are entrusting with your funds.
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It creates a sense of trust, and you will increase your level of confidence. The software is allegedly compatible with both MT4 and MT5 platforms. There is a higher possibility that the founder is from China.
Much info is missing regarding this trading EA. We do not know the model they are incorporating. Additionally, the team that is responsible for designing the system is unknown. We are not satisfied with how they are running their business.
You can invest with reputable Forex trading EA in the more transparent industry. The only thing that you will rely on if you choose to venture with Best Scalper is the trading reports and little info on their website.
The founder claims that you will make consistent profits with low risks. The EA only trade on the minimal duration and select quick wins. They are using the scalping strategy, just like their name suggests.
The timeframe for entering the market is 15 minutes. They claim that they will refund your money back in case the software does not meet your expectation. Unfortunately, this looks like not to be the case.
Clients have raised complaints of the company not refunding their money. The only send screenshots showing how the EA is expected to operate. It is unethical and unacceptable.
Best Scalper presents multiple MyFxBook results on its website. However, there are particular aspects that you should keep in mind. Most of these accounts are no longer operational. Additionally, there the returns they showcase are minimal.
The company is only trading a few currency pairs. It might be a hindrance to traders who love trading multiple currencies. However, the money they are trading has high liquidity as well as popular in the market. The software has not been backtested.
We find the software with limited factors. The name they are using should match the quality of the services they deliver. Unfortunately, this is not the case, and you might end up wasting your money.
There are reasonable systems in the market that will give you a high amount of returns. The performance report is not pleasing. Additionally, they are from several years ago; therefore, you cannot rely on the data. It is only three accounts that are still running. The drawdown is higher than the winning rate, which is also worrisome.
Contact Detail and Regulation
Best Scalper has various social media platforms. These include; Facebook, Twitter, LinkedIn, and Pinterest. In case you need support assistance, you will have to contact them via email at; [email protected]
Before you purchase any software or investment service, you need to know the quality of the support. The company is accused of having terrible customer services. Some clients are not satisfied with their team.
They encountered some problems with the software which were not resolved. It is unprofessional on their end, and you need to be cautious. Additionally, Best Scalper does not disclose their office address to the public.
The act of anonymously operating is not something to be proud of as it creates distrust. The company is not regulated by any financial body in the market. Nonetheless, they continue to accept funds from investors all over the world.
Engaging with such an entity exposes you to multiple risks. The company will waste your resources and time. They mislead their clients into believing the platform is the best. The safety of your money should always come first.
Best Scalper has acquired both positive and negative reviews from their clients. Based on the info that we gathered, some claim the EA is useless and a waste of funds. They advise potential investors to stay away from this venture.
The customer state that the software is pretty expensive for nothing. The ratio of losing trade is high than that of winning. The EA is only best when it comes to cutting profits short. Another customer is raisin complaints that the software is not compatible with MT4.
After consulting the support, they cast the blame on the broker he was using. Therefore, the client ended up changing the brokerage, but the trade could not be executed. He asked for a refund, something that the firm failed to oblige.
The software is not working, and they term the EA as a scam. On the other hand, we see some clients who are pleased with how this company does. They claim to have made both losses and profits during their trading activities.
They praise the software for being accurate. It is fully automated and can execute the trade on its own. Based on the information that is left behind, investors should be the judge in determining whether this software is worth their trust.
Best Scalper is a company that has been in the market for quite some time. However, this platform is operating illegally and exposes you to several risks. For starters, they are not transparent, which isn’t something to be proud of.
The company is avail trading results, but they serve no purpose as most of the accounts are not running. The platform is shady and suspicious, as they are also not licensed. You can use these legit Forex trading software in the market. A significant number of investors are pleased with the services the companies are offering.
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