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Today we are reviewing the new FX Blaster Pro Forex robot to determine whether it is worth an investment. We are not sure who is behind this forex robot, but they claim that it is the best system in the market. We hear this a lot. That is why we have to look at every system and decide for ourselves.
Investors should be careful with most of the systems rising in the market lately. They are from sketchy individuals who are only in it for the money. Moreover, most of them are run by individuals that operate in full secrecy. This is one of those companies.
Despite not knowing who is behind the system, we will still give them a fair review. We will look at every aspect of the company and the robot. We want to see the trading strategy and the results of the strategy. Additionally, we will look at what customers are saying about this fore robot.
If you are looking to make money in the forex market, some systems have proven to work for a long time. Only use the best Forex trading robots for the best results. You will receive consistent returns and professional services.
FX Blaster Pro Review
Fxblasterpro.com tells clients they can start making a profit immediately, without any experience needed. The company does provide a user manual for the robot. This means that novice traders can easily use the system.
However, the website does not offer much information about the product. The developers quickly brush over things, which is a bad thing for a new forex robot. They need to do a better job of informing clients about the software. Otherwise, no one will take them seriously.
There are two main plans to purchase the FX Blaster Pro robot. Clients can choose the standard package to pay $299 for a single license for a live trading account. Additionally, clients can choose the advance package and pay $459 for three real accounts.
In terms of features, this robot is not unique from the many others in the market. This robot offers clients a way to trade the forex market automatically. The developers say the system is easy to use and fully customizable. Moreover, they say that it works with all brokers and accounts.
The system works best with the AUDUSD, EURUSD, EURUSD, EURJPY, GBPUSD, and USDCAD currency pairs. However, the team does not disclose the timeframe the system works best in.
The developers offer a 30-day money-back guarantee. However, it is important to note that this comes with conditions. You will only receive your money back if you do not change the company’s settings on the robot. Additionally, you should not have a drawdown of more than 40%. It is not common to see a company setting rules for their refund policy.
Founders and Customer Support
As mentioned, the website does not introduce us to the people behind the FX Blaster Pro system. We have no idea who they are or what their reputation looks like. This means that we cannot verify that these people have any kind of trading history. They want us to take their word and believe that they are experienced individuals.
They state on the website that the team has over ten years’ experience in trading. But where is the proof? Anyone can make this claim. Professional companies know the need to reveal the identities of the owners. We do not understand why companies still conceal such information in this day and age.
In terms of customer support, clients can contact the company by filling out a contact form. The company does not say how long it takes them to respond to customer queries. This means there is no assurance that they will reply. Moreover, the company provides links to various social media platforms. Surprisingly, none of these links works. The links only take you back to the website.
FX Blaster Pro Trading Strategy
Fxblasterpro.com tells us that the system has three different unique stand-alone strategies. The developers claim that this makes the system keep getting smarter and smarter in the market. Moreover, the website tells us that the system is based on different signal indicators. Then it goes on to mention a couple of trading strategies.
The issue we have here is that the team does not tell us how these trading strategies work together. Furthermore, we are worried about some of the strategies they mention. There is the mention of grid and martingale strategies. Both of these strategies can be very risky in the market. These strategies can easily blow up an account in no time. This is because market volatility can trick the system into a string of losing trades when using these strategies.
FX Blaster Pro Trading Results
The best way to convince investors that you are a legitimate company is by providing a verified record of trading performance. Fortunately, the developers of FX Blaster Pro provide two Myfxbook accounts to showcase the robot’s performance. On the accounts shows more trades than the other, which is why we are going to look at it in detail.
Generally, the account is showing impressive results. The account is showing a 152% gain with the drawdown at 15.12%. This is quite impressive, considering the account was only launched on March 17th, 2020. In this period, it has over 1700 trades under its belt. The average win is 12.14 pips, and the average loss is at -24.14 pips.
These results are solid from what we can tell. However, this is from a very small sample of results. We hope the robot can maintain this performance in the long run. Moreover, we wish the company gave us a better insight into the approach the system uses to get these results.
Listening to what customers are saying about a product is crucial for determining whether it is worth the investment. Sadly, we did not find any customer reviews about FX Blaster Pro anywhere on the forums. We suspect this is because the robot is still new in the market. It has not had enough time to gain traction in the traders’ community.
At this time, we cannot form a conclusive stand of what the customer experience is like. It would be wiser for you to wait it out before you make a purchase. We are certain that this new system will be prone to mistakes that new systems make in the market. Luckily, updates can fix such problems.
This system is still new to the market and is not yet popular among traders. It would be wiser to wait it out before you purchase it. However, the developers have a good place to start. The trading results the team provides are impressive.
The only thing they need to do is improve their transparency. They need to tell clients who they are and where they operate. Moreover, they need to give a better insight into the strategy the robot uses in the market.
At this time, we cannot recommend the FX Blaster Pro robot. The company has done the bare minimum to convince us it is among the best Forex trading robots.
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