News Action Trader is a Forex trading software. The system was designed by LeapFX, a renowned developer in the market. The platform has no report of any scam activities. We are glad to inform you that the company seems legit.
The trading software is fully automated and can enter and exit the market on behalf of traders. It can also manage trades on your behalf. The founder of this bot proclaims that investors can double their account returns within a month.
They have even provided their MyFxBook account for investors to review before depositing funds. The system average win rate outdoes the average losses as it has attained more gains in the time that it has been in operation.
However, the company has not to backtested its results, but MyFxbook results are enough. The founder claim that developers with experience of several years designing News Action Trader. It can work on my number of the brokerage in the industry at minimal time and average spreads.
They claim to have utilized technology to ensure the system is optimal. It can trade on different currency pairs like; USACAD, AUDJPY, GBPUSD, AUDUSD, XAUUSD, and NZDUSD. Some of these pairs have ample liquidity.
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The algorithm that they use is meant to exploit the market. The Software is compatible with both MT4 and MT5 platforms. It also has a lifetime update and support once you purchase their bot. Investors can also trade multiple currency pairs.
News Action Trader has 30 days money guarantee if you are not satisfied with their services. You need to deposit $247 for you to acquire the Software. The trading system has been in the market for a while, but we don’t see enough numbers of clients purchasing it.
Investors will enjoy low-risk trading, and the company guarantees they are using innovative technology to attain favorable returns. You can also trade with a product like gold. However, the platform does not provide enough data regarding the strategy they are utilizing.
News Action Trader depends on the news events methodology. The strategy is not very popular in the market because it is hard for investors to know when the price will increasing or decreasing. The company only states that it is using multiple strategies that they have not bothered to mention in combination with the previous method.
The company guarantees that you will receive 150% of profits. It will also protect you against making huge losses in case the market move in an unfavorable direction.
The platform has not been in the market for a long duration, and we need to monitor their activities before recommending them. Therefore, you can try out a reputable Forex trading EA in the industry that has have been around several years.
Price of the Software
The platform has two investments package available for their clients. You can use various payment methods available in their forum to purchase a copy. There is a two months investment plan that comes with a lifetime license and updates.
Additionally, traders will receive news feed of the market. They guarantee lifetime support and best trading settings. It supports six currency pairs, and you can request for your money back after 30 days. The only difference between this plan and a one-time payment is the price.
To acquire full lifetime access, you need to deposit $397. You can cash in the amount using PayPal, Credit Card, Nateller, and Skrill. New Action Trader has been backtested for a period of two years, which we see as an added advantage.
Features of News Action Trader and Trading Results
Software is trading gold, which is an advantage to Investors. It can enter and exit the market on autopilot. The platform avails six currency pairs that their customers can trade. The results they present on their website are verified with FxBlue and MyFxbook account.
News Action Trader is a transparent entity. The platform avail information on their vendor, which is one of the aspects that we upvote. However, the prices of this Software are too high, and the majority of investors cannot afford it.
They do not have a demo account; hence customers cannot familiarize themselves with the trading system. Moreover, there is insufficient information concerning the strategies the platform is implementing.
Generally, News Action Trader is easy to set up for novice traders. It works on limited pairs, which might be a disadvantage to investors who have a high-risk appetite. The system enters the market with a time frame of 5 minutes.
The trading results of this platform show an average win rate of 240%, and their drawdown is at 20%. On an average rate, the trading EA has a monthly gain of 5.27%. The daily returns are at .17%, which is not a bad number.
Moving forth to their spread, the Software has an average loss of 16 pips. It wins is at 32 pips. However, these results are for a short time frame lasting only for a few seconds. It means that if you have a slow internet connection, you will not achieve the same trading result like the one the company present. You also need to use the same brokers and servers.
Customer Support and Regulation
The only method to contact the support is via email; [email protected] It is not a very convenient method, as some of the emails might end being ignored. However, we cannot comment on the experience of support because there is no feedback or complaints from clients.
The platform was founded in 2012, and that is considerable time for them to have acquired testimonial. Unfortunately, we do not know the area of operation of this company. Additionally, they are not regulated by any regulatory body in the market.
The entity has not acquired the feedback from investors despite having enticing results. We find this strategy as several clients by now would have tried the EA. However, there are also no complaints or scam reports.
We use the testimonials of customers to determine the expected experience with the entity. For News Action Trader, we do not have much data. We shall update this section in case there is any change.
News Action Trader feature two trading account performance. The problem with the second performance is that it appears to be manipulated. It reflects a profit of 15000% in a month. The figure is too high, and considering they do not have the same reputation in the industry, it raises questions.
You can try this Forex trading software in the market. However, the company has excellent features, and everything is presented professionally. We hope real clients can achieve the same results as the one News Action Trader showcase.
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