Velocity Expert Advisor Review: Is this EA a Scam?

Velocity Expert Advisor Review: Is this EA a Scam?

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Velocity Expert Advisor is professional trading software. The company allegedly has a scalping algorithm that helps it earn the most. Whenever there is a particular movement in the industry, the software will exploit the opportunity.

The bot will only pick small pips at a time investors’ money is safe in their hands. This is because the trading EA uses break-even and stop loss and trailing stop loss to minimize risks. Velocity Expert Advisor is a software that is built by Cutting Edge Forex.

The software allegedly will give you real-time earning; it focuses on their clients’ security and has put up several measures. You can customize the system to suit your needs. It comes with variables that you can adjust.

The variables are numerous, and you need to be keen enough to be able to manipulate them in the right manner. Unlike the Ponzi scheme in the market, the Velocity Expert Advisor is realistic. IT does not make enormous demands of making clients productive.

Velocity Expert Advisor Review, Velocity Expert Advisor Platform

Additionally, this is a trading software that requires investors to have background knowledge in Forex trading. The company is utilizing the scalping strategy. It is the algorithm that is being used by a hedge fund, banks, and other traders in the industry.

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The software comes along with a detailed guideline on how to use it. The current price of the Velocity Expert Advisor is $299. The price is said to increase shortly.

Velocity Expert Advisor Review

The software does not have a live trading result available. Velocity Expert Advisor only avails back-tested results that are not something that we can rely on when it comes to determining the viability of a system.

The company should do better elevate their game and use MyFxBook account. The company does not have any scam nature, and you can use it. However, it would be best to venture with a reputable Forex trading software in the market.

Velocity Expert Advisor claims that they put their customers’ safety as the top priority. It is a good thing, and recently we have only been seeing firms that want to steal their clients’ money. One of the things that we love about this venture is the protective measures they have put in place.

You need to turn on the software to trade for you without interfering with the process. Your account will grow at a reasonable speed. In this review, we will give you our honest analysis without being bias.  The founder of this software assures potential investors that the system will not blow your account.

We have seen even reputable software have a malfunction or crushing—velocity Expert Advisor trade various currency pairs like; USDJPY, GBPUSD, EURUSD. The time frame that enters the market is M1.

A significant drawdown that we have with this platform is their inability to provide adequate data. Apart from the strategy that the bot is offering, we don’t know what to expect after depositing $299.

Multiple questions remain unanswered. No one is aware of the number of available licenses. The company has very few words to say regarding its trading software to win the trust of investors, and the platform should offer more info.

Contact Details

The company behind this trading software has not indicated where they are located. There are very minimal details regarding this platform. To contact the support, you need to fill out a form that is available on the website.

The platform does not disclose the information of the founder. Having an office address is an essential aspect as clients will know where you are operating from. The only thing we know is that Cutting Edge is the corporate that is behind this trading software.

They have other trading systems in the market, which are; multi-strategy trend follower, legend, and ascent two breakout trader. The corporate has been in the market since 2013 January.

It is not a convenient method of communication, and it would be best if Velocity Expert Advisor availed other alternatives. Having an email address, telephone number, or live support would sort out the issues of their customers faster.

Lack of Feedback

During our research, we did not encounter a trader who is using Velocity Expert Advisor. There are zero reviews, and the software has been in the market for over a year. It is better to perform a thorough research as it will enable you to know other investors’ thoughts regarding a trading system.

We always advise our clients to avoid being the guinea pigs of any investment venture. We cannot fathom why Velocity Expert Advisor has such a nice feature, yet there are making any sales. Something is not adding up.

There is no possible reason why an investor should deposit their hard-earned money in a system that is not reputable. Since the launching of this EA, there is still not even a single trader who endorse the software. You should not take this lightly. Find a better alternative that has been tested by other investors.

Drawdowns with Velocity Expert Advisor

The company seems all nice, and the main feature that we love about the software is the focus on security. However, apart from that, there are several things that the Velocity Expert Advisor should work on to gain the trust of traders.

The software does not have any reputation that outshines them in the market. We had discussed this in detail and no need to elaborate more. Additionally, the corporate behind this bot has been in the industry for the longest time possible.

It serves as an added advantage for Velocity Expert Advisor. Nonetheless, no one is aware of the people running the venture. The anonymity nature is another drawback that we cannot fail to mention.

There is no contact detail available to contact the support. Filling up a form is not a better method at this modern age. Additionally, the main thing that you should look for in a company before cashing in your hard-earned funds is their performance.

Velocity Expert Advisor is a company that makes bold claims, yet they do not avail of their performance reports. Hence, investors cannot see how the platform is fairing on the market. The company has not been accused of being a scam.

We also don’t find any reason to term them a fraudulent venture. However, it should work on winning the trust of investors. They should avail of their MyFxBook account as well.

Final Verdict

Velocity Expert Advisor is a software that is utilizing the break-even, trailing stop loss, and stop-loss features. It helps it to observe accuracy and to keep an eye on the industry. The software knows when to strike best and exit.

However, the drawdowns that we have mentioned above creates more distrust. It would be best if the company behind this software would shed some light and clarify some of the issues. Until then, you can use trustworthy Forex trading EA in the market that has a good reputation.

Such entities will earn you reasonable returns. You will also know what to expect from such a venture as their average success rate is well known. Traders also know the average drawdown of the venture experience.

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