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EA Sapphire Review: Is this Forex Robot Scam?

EA Sapphire Review: Is this Forex Robot Scam?

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EA Sapphire is a Forex trading robot that aims at making massive profits to investors through their trading strategy. However, the Company claims to use advanced algorithms and that it enables them to discover entry points that will benefit every customer.

They claim to have top-notch experience in the industry and high accuracy in the trades. Investors are introduced to the trading robot by Fanur Galmov, who claims to be the owner and developer.

No information regarding the owner apart from the name is mentioned, and you risk trading with anonymous people. We did some research on the founder and discover that they use stock images to try and seem legit, whereas this person does not exist.

The trading robot is compatible with the MQL5 platform; this information is just a marketing strategy that they use and does not mean the Company is profiting. Investors are urged that the platform uses an approach of rebound and breaks out of various skill levels, and they predict entries.

EA Sapphire claims that the positions include a protective stop order and break-even levels and that you can easily monitor your profits and stop losses. They claim that all the trades depending on the FX News and various factors before entering a business.

Furthermore, the trading world is not a child’s play and requires patience and general knowledge before investing, or you risk making losses.  The Company promises investors various advantages, including an advanced algorithm for tracking positions.

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If you are looking to make a profit, then you should rely on well-tested trading robots that use an algorithm that guarantees win for every investor. They even try to earn your trust by providing trading results with a single signal from the MQL5 account.

This results away that can be edited, and you should be provided with a link with the trade, or at least they will give you Myfxbook instead. The Company shows a 92% profit on the IC markets demo and that they’ve only made 17.6 losses in trades.

These figures may lure you into depositing money in the account, but you will only be making the platform owners rich. Scammers will make up anything to try and seem legit and similar characteristics are exposed in this platform.

EA Sapphire Review

They claim to work with fixed and auto lots that depend on MM and that there is no disconnection during the time of news release. EA Sapphire does not use indicators, martingale, or arbitration in making profits for their customers.

EA Sapphire Review, EA Sapphire Platform

 

Investors are promised that the robot will work with four and five-digit quotes and that you are protected against the spread increase and low trading drawdown with flexible configurations. Moreover, all these alleged advantages they promise investors are not real, and you should not waste a single coin expecting any profit returns.

The sales page is just highly overrated, and a section on the website features a grid trading strategy, yet they do not use a grid strategy. From this perspective, it only proves that the Company has some murkiness in their methods of operation.

The platform features of lousy reputation all over social media, and customers claim to have lost money. The results are not likely to change when you invest in the Company because they do not seem to be transparent in any service they offer.

The platform has multiple trading strategies and is only using one-time frame H1, and the robot costs $199.Despite so many trading pairs available, the Company only supports two, and they include EURUSD, GBPUSD.

Customers can also choose an app to pay for a monthly basis, which costs $50 each month, and every three months, you have to pay $75 with the free demo account. Transparency is vital in every legit investment firm that tends to generate massive returns for you, and EA Sapphire fails to showcase any openness.

Testimonials

the platform features testimonials from customers who claim to have received excellent advice or services. However, no link to any resulting trade that the robot was able to complete is available.

They use stock images and try to seem legit in this kind of marketing technique is always used by scammers. You may find out that the names and pictures the real owners do not even know of the platform existence.

EA Sapphire has a bad reputation all over social media, and we do not recommend this platform to meet any profits for any investor. Investors are complaining to have lost money or while depending on the robot to make profits.

Funds Safety

This investment firm does not guarantee the safety of your funds because they do not provide any banking information for their clients. No investor is seen to withdraw funds from this Company successfully, and the result is not likely to change when you invest.

You should be able to see past transactions to the trading robot that has been able to complete for the last three months before trusting a robot. The Investment firm faces of lousy reputation all over social media, and you would not believe such a Company to make a single profit in returns.

Regulation and Customer Support

EA Sapphire claims to be located in Ukraine; they provide an address that is made of because this location they provide does not exist or include anything to do with the Company. Scammers will always give a fake address to tempt you into thinking they are legit investment firm.

They also use false incorporation certificate and the try to confuse investors by providing registration details instead of regulation. The company owner’s risk facing criminal prosecution and is the main reason they do not reveal any information that leads to their whereabouts.

In case you have lost money to this platform, your details may end up getting blocked, and you may be barred from accessing the website. Unregulated companies rarely showcase any transparency in the method of operation.

Due to the high competition in the market, different countries have come up with laws to protect the citizens from scammers. Therefore most countries have made mandatory laws that any platform allowed to generate funds on the public must provide regulatory measures.

Working contact support is essential in every investment firm, and legit companies will provide you with immediate feedback towards your query. You should also be able to see and verify any regulatory information before depositing a single coin in any Investment firm.

Final Verdict

EA Sapphire has weird pricing for their packages, and they do not have any live account. They claim not to use grid strategy and their methods of operation, yet they contradict themselves by providing services that use grid strategy such as; Grid Take Profit, among others.

Furthermore, if you’re looking to make profits, you should invest with legit trading robots that are transparent in the method of operation, and they have tried and tested techniques. The owner does not reveal any other information apart from the name, and you do not know the kind of experience they hold to trust in the robot he has created.

The kind of algorithm is also not well elaborated, and you risk trusting a robot that will not generate a single coin as profit. Scammers will always say anything, and they try to stay anonymous; hence tracking them is impossible, and it’s only wise to invest with legit trading tools.

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