StoneBreaker Review: A Definite Scam

StoneBreaker Review: A Definite Scam

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According to the developer of StoneBreaker, the market momentum should not be wasted. Yip Sin Hang is the developer behind this platform and has other robots under his wing. From what we’ve seen, the platform promises to deliver huge profits. We have seen this type of promotional side from online trading robot developers. First, they come up with empty claims and promises and then offer false trading performance. Please get to know what we found out in this detailed Stone Breaker EA Review.

StoneBreaker Review

About StoneBreaker

From the look of things, the vendor has tried as much as possible to salvage what he can. The platform is available on the MQL5 platform, together with his other products. The overall presentation of this platform is nothing to write home about. We can clearly see that promoting his platform is not his strength. All we see is a lot of information all bottled up on one page. He tries to sell the platform, but there is much to talk about. What he does is use several images that end up making us lose interest.

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StoneBreaker is by far his known product as others have ended up becoming a flop. We should point out the other products, which include Miner Parafly and Inrex indicator. All these products seem to have a high rating but a low user presence. Another product of his goes for $3,288; it’s called FiveElements. None of these products have proven to work in the online trading world. The proof is in his comments and review section, which is available on his MQL5 platform.

Assets covered by the robot

When it comes to the available trading instruments, the vendor fails to inform users of the types. Only when you sign up, do you realize that the pool of trading instruments is small. Those looking to spread their risks with various trading pairs should look elsewhere. It seems that the vendor is only able to offer major currency pairs. These pairs include EURUSD and EURJPY, which is a tiny pool. And this is one of the many loopholes we found with this vendor’s products.

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Business owner

Yip Sin Hang owns the website and claims to live in Hong Kong. We checked his MQL5 profile and could not see any image of the person. Although this does not mean much, it helps to show your face. Most of these developers hide their faces as they fear the backlash from users. These developers also want to keep their online reputation in case investors trash their products. Without a face to your brand, online investors will take your products with disinterest.

Comments and feedback on his MQL5 Page

Once you land on his profile, click the comment section; the first comment is negative. The comment is from non-other than the developer of Stone Breaker. Yin goes ahead and talks crap over another user’s screenshot. And this shows the lack of professionalism in terms of courtesy. Just below the page is another screenshot of a person calling Yin a thief. Although they misspell the name, we can get a sense of what they are getting at. These comments are painting a negative aspect of the vendor.

Free demo account available

Yin does a noble thing by offering users a free demo account. With a demo account, one can test the robot without having to commit real funds. The only downside to this platform is the fact that the demo could be a huge problem. These demo accounts don’t come with market condition features. Users may enjoy using the demo account as most show huge gains to drive users to sign up. After signing up, the real account’s results don’t come close to the demo’s performance.

Features of StoneBreaker

StoneBreaker MQL5 Profile Page

The forex robot uses the scalper strategy and has an undisclosed timeframe. The two pairs are updated each week, and the developer is using the sliding scale price plan. Although the set price of the robot is now at $599, it changes with each purchase. Once a new member purchases the platform, the price is increased by $5. It goes to show that the vendor is only interested in making a profit. There’s no other way or reason why a developer would use this horrific plan.

Is StoneBreaker Licensed or Registered?

StoneBreaker is an unregulated entity that does not protect your funds. Those who buy the platform should be aware of the risks involved. The vendor also does a shoddy job in trying to hide this fact. We couldn’t see any terms and conditions which favors the developer. Those who lose money have no way of salvaging any amount. These platforms should have a disclaimer warning users of the risks involved. And this is where we see Yin’s irresponsibility on behalf of his products.

Even after checking with various regulators, we found a disturbing comment. It seems that his website is under investigation for malicious trading activities. There have been some investors who sent their complaints to Hong Kong’s HKSFC. The vendor is wanted for questioning, and it’s probably why he doesn’t show his face. Even though the website is still operational, we hope authorities take relevant action. No other investor should lose money with such a website.

Pros and Cons of StoneBreaker

Available Price

StoneBreaker is selling at $599, and we can see that there are five activations so far. His other products also don’t come cheap as there’s one that goes for over $3,000. Such platforms are the reason why we have to warn users. The vendor is asking for a hefty amount, and there are no credible results to show. Yin should be bold enough and show us the results of his trading robot. He should use his live account as an example. All he does is show us a video of how to use the robot via a demo account.

Contact and support

The only avenue to contact this vendor is through his MQL5 platform. Even this avenue does not guarantee a direct response as the vendor stays away from comments. The last comment was over a year ago, and he was ranting at someone who gave him negative feedback. With today’s level of technology, the vendor should be able to use live chat. He also should list his phone number on his MQL5 platform. With a direct line, it would be easier to send queries to him.

Performance and trading results of StoneBreaker

As far as performance is concerned, Yin only manages to show us a backtest and a few screenshots. We don’t see any concrete evidence of the platform’s performance in terms of credible results. The vendor should post his performance on credible third party sites such as FX Blue and myfxbook. It is one of the many reasons why we have to flag down this platform. Without credible results, the screenshots are random data that no one can prove. It’s why we don’t recommend such products.

Scam or Legit StoneBreaker

StoneBreaker Trading Results

StoneBreaker is a scam that must be exposed by all means necessary. The vendor is exploiting users with every robot he creates.

Our thoughts

We won’t be recommending this platform anytime soon. Please stay away from the vendor as they are probably going to make you lose your funds.

The best option is to choose reliable, forex trading robots that offer transparency. Experts and the trading community have tested these robots. Go for authentic trading robots today.

Our entire team wishes every trader a safe trading experience.

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