Equity Sentry EA Review: Is a Scam?

Equity Sentry EA Review: Is a Scam?

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Equity Sentry EA is a company that is offering legit services to Forex traders. The platform is allegedly a platform that has been around since June 2016. The company promise traders that it will protect their trading account against unexpected drawdowns.

The platform understands that it is straightforward to make losses when you leave your trading open. It can only take a few minutes to encounter unimaginable drawdown. Hence, Equity Sentry claims to be an MT4 safe trading application that can protect traders from the unforeseen losses.

The Forex trading EA can close all the open trade of its client in a specific situation. The feature can come in handy for retail traders. The main objective of the software is to protect investors from making huge losses. You cannot share your EA with anyone else.

Equity Sentry EA Review, Platform

It has unique features like On Timer Action and Evergreen Profit Target. The Forex trading EA can monitor the MetaTrade4 for a whole day. It has the capability of meeting predefined conditions and safety measures. The company has served a significant number of investors, and since its launch, we haven’t encountered any negative reviews.

Equity Sentry EA Review

The company will stop all trade when it detects your account is making losses. Even if you are using a different Forex EA that can automatically open a business, Equity Sentry will stop all of them from functioning.

By doing this, there won’t be any chance of affecting traders negatively. The software views itself as possibly the only company that can trigger the hard stop signal that can avoid any other EA from performing trades.

The platform brings assurance to traders by minimizing on the drawdown. You can sleep rest assured that you won’t encounter unimaginable losses. However, we could not find enough reviews online, and it is worrisome. Always venture with recommended Forex EA Resources .

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Unfortunately, the company does not have a free trial. You can, however, issue a change back if you desire. The platform is allegedly run by someone by the name Rimantas Petrauskas who has designed several applications.

The company is not a scam, but it has not gained much popularity in the market despite having a unique feature. According to Alexa global ranking, the platform has a total of 2,494,271 global ranks. It is not much, and from these figures, you can see the firm does not have much traffic.

How Does Equity Sentry EA Works?

Equity Sentry EA also can sense a series of closed losing trades at the same time and take the necessary action. There are many ways when Hard Stop can be executed. It can take place when the account balance of an investor decreases below a certain level or when your account drops at a particular level.

Additionally, it can also take place when the floating loss reaches an actual level, or if the account equity decrease below the Highest Equity Level by a particular percentage. Moreover, when account equity decrease below the Highest Balance by a certain percentage, the hard stop is triggered.

The Evergreen Profit can take place when the open and closed trade extents a certain level. When also the free traders alone spread to a particular degree or if an account balance extent to a set standard. Additionally, it can also happen when the equity of the account attains a certain level.

The Forex Trading EA can execute the following safety measures. Close entirely the MT4 terminals, send users an email alert. Close all the open trade and cancel all the pending orders. The trading software can as well close any other trading EA and charts to eradicate any possibility of opening any other businesses.

The trading bot will also send you a mobile notification. The parameter of the Equity Sentry EA is easy to understand. All you have to do is to click on the select the picture they present to you. Any form of an investor is it novice or expert who can use the software.

Equity Sentry EA investment Plan

The company has three investment plans that their clients can use. The first plan goes for 19 Euros and can be used on one desktop. It is ideal for one real account and an unlimited demo account. It also can be supported via email.

The next plan requires a deposit of 159 Euros which is a one-time fee, and you can have an unlimited real account as well as a demo account. The final plan has a Pro one-year license and has a payment of 299 Euros. It can work on 5 PC.

After paying, you will get an email with a password and a link that you can use to download the EA. It also ensures they will return your money just in case you are not satisfied with the services you will get.

Customer Support and Regulation

Several things are not adding up in regards to this company. It does not have customer support services that can be trusted. To contact the platform, you will have to fill in the contact form on the website.

We are not sure about the quality of the services you can expect from them. Additionally, the company is also not regulated by any government to carry out its functions. Their physical address is furthermore not disclosed anywhere in the company. These characters are not familiar with legit investment entities. However, we have not received any complaints, but it would be better if you take caution.

Final Verdict

The platform has the various advantage that makes it not a scam; however, there are also some cons that they have. The services the Equity Sentry EA is offering are legit. It is easy to install and can work on several demo and real accounts.

The customer support services you will have to use a form. You can also use one mode of payment; furthermore, the company is not regulated by a financial watchdog in the market. In that case, it would be best to invest with regulated Forex EA in the market that is more transparent.

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