FX Flight Pro is an automated trading software that promises to revolutionize the trading process for Forex traders. They are claiming their software is the best because it uses a proven trading strategy. Further, they say that the software will start making profits for traders the very next day they start using it.
The Platform has not been around long enough to build a reputation. Despite this, they are already saying they are the best software in the market. We do not think they have been in the market long enough for us to place them among the best Forex trading robots.
Moreover, this company has a few loopholes that we cannot ignore. They are not transparent on who runs the operations of this company or the address of their headquarters, and this paints a dire picture of FX Flight Pro.
Moreover, it is impossible to tell whether experienced individuals are running the company. Investors always want to know that they are investing in a company run by experts.
FX Flight Pro Review
FX Flight Pro Forex robot connects to your MT4 Platform using an API. The firm promises that the API does not allow withdrawals ensuring traders have full control of their trading accounts. The robot only analyses the market for the perfect setups to open and close a trade.
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The website for this company s poorly designed and very unprofessional. It does not go into detail on anything that might be considered necessary by potential clients. The only thing they have explained well is investment plans.
This is an indication that the company does not care much about customer satisfaction. Their only interest is marketing their products. Such a company cannot give you the kind of service you are looking for.
Moreover, they do not give any insight into how the Forex robot works. They do not have training materials for teaching novice traders on how to use their Forex software. At the very least, a company should give user manuals to get users oriented to their software.
FX Flight Forex robot trades the four most popular currency pairs. It works best with the EURUSD, GBPUSD, USDCHF, and USDJPY currency pairs. Further, the company states that the robot works best in the H1 timeframe. The company believes that in these conditions, the robot is handy. They say that once you purchase it, the robot pays for itself by winning trades in a single trading session.
FX Flight Pro Trading Strategy
The company is making very bold statements about the performance of the robot. We expect that they have a unique trading approach that is not in use in the market.
Unfortunately, FX Flight Pro does not go into detail on the strategy the robot uses in trading. They do not say what market setups the robot looks out for before opening and closing a trade position, and this is a significant cause of concern. Investors always want to know the inner workings of a robot before they decide to use it in their trading operations.
In this day and age, it is inadequate to hide such details from clients. We hope this company can do a better job of this.
Founders and Customer Support
The website of FX Flight Pro does not feature any information on who runs their operations. The owners have chosen to operate in full secrecy. They do not even reveal the type of experience they have in Forex trading.
Moreover, they do not give the physical address of their headquarters. It is not a good sign. It is usually a characteristic of a company that does not want anyone tracking them down.
Professional companies do not feel the urge to hide details about their owners. They freely say who they are to foster trust with their customers.
Furthermore, the only way to get in touch with the company is by filling out a contact form featured on the website. There don’t give any email address or phone number provided. Additionally, the company has no social media presence.
This level of secrecy is not acceptable. There are many risks involved in sending your money to mysterious people on the Internet. They may decide to take off with your hard-earned cash leaving you high and dry.
Investment Plans and Product Features
There three main investment plans featured on the website. The cost of these three is $175, $215, and $225. The first plan gives traders two software licenses, free updates, and 24/7 support.
The second investment plan gives traders four software licenses, free updates, and 24/7 support. The third plan gives clients an unlimited number of software licenses, free updates, and 24/7 support.
The price difference between getting two licenses and unlimited licenses is only $80. It is a cause of concern because it shows that the vendor is an amateur who has no idea how to price his/her product.
Moreover, they do not seem to be aware that this means their product is accessible to many people who have not paid for it. One could buy the unlimited licenses plan and supply the product to their family and friends for such a low price.
You should only invest with experts who know what they are doing. That is the only way to know you are dealing with professionals who can deliver on what they promise.
FX Flight Pro boasts of having the most effective Forex trading robot. They want you to believe that no other robot can give you the profits their robot will provide. The expectation is that they can back this claim with impressive verifiable trading results.
Unfortunately, this is not the case with this company. The vendor provides two FX Blue accounts to showcase the performance of their robot. However, FX Blue accounts do not offer the level of transparency that is needed. We would much prefer the company provides a Myfxbook account for reliability.
Moreover, the trading results provided do not show such an impressive performance record. The main account is offering a 100% gain in 57 days and a drawdown of 63.5%. It is a very high drawdown. It means that you can slowly grow your account in months and then lose more than half of it at a single time.
The best-automated trading systems always keep their drawdown at a maximum of 30%. That is the only way to ensure consistent returns to clients.
At this time, we cannot confidently recommend this Forex robot to you. The company has a few loopholes that they first need to take care of. The lack of transparency is not acceptable in a company that is dealing with people’s money. They need to reveal details about their owners and the address of their headquarters.
Moreover, the trading results they provide are not as impressive as they claim. FX Flight Pro is still a new company and has not built a winning reputation yet. It is good to wait them out and see how they perform in the long run.
In the meantime, there are many legitimate Forex trading robots that will offer you better results. Such companies have been tried and tested and proven to work for a long time.
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