Worthy FX Trader Review: Is Scam?

Worthy FX Trader Review: Is Scam?

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Worthy FX Trader is a Forex expert advisor that promises traders MT4 grade performance by creating something special for traders. They claim that this expert advisor is very reliable and that it is also accurate, thus helping traders to make money consistently. This website provides no information about the background of the people who have created this software. It does not tell us what kind of trading or development experience they have. In addition to this, they are not telling us anything concerning their location. As a trader wanting to purchase an expert advisor from a developer, trust and confidence is a very important thing. If the developer can’t do their best to create trust and confidence in their potential clients, then we doubt if they can ever sell a copy of this Forex expert advisor.

Therefore, we are just hoping that the developers behind Worthy FX Trader EA will finally come back to their senses to add this information to traders who would like to know more about them before carrying out any purchases on this site. Also, we see that this developer is using a free email service to keep in touch with their clients. This is not the norm because most developers just prefer to keep it professional by making use of the official email of their website. We hope this is not going to impact their reputation but it would have certainly been much better if they used their official email for all communications. In the meantime, we are asking those looking for good Forex robots to sign up here because we have been testing these apps for a long time. Even our readers can attest to the fact that these robots have never disappointed.

Worthy FX Trader EA review

The developers behind this Forex trading app say that their product is special because of the frequent algorithm updates which make them stay on the right side of the trend at all time. They also believe that this software is a practical solution for traders of all levels since the software does not need any manual intervention. They also tell us that the software is not a scalper by nature and does not hedge as a method of trading. Instead, it uses long term trading concepts to approach the market. It is unfortunate that despite the sales page talking about how good the trading bot is, they are not sharing with the trading community about how this robot trades the Forex market. The specific trading strategy is not shared on the sales page. We would have loved it very much if the sales page shared this information since there are traders who would like to use an expert advisor but if this information is not available, they might just decide otherwise.

However, the only information which they have shared is that the robot works in all trading sessions and particularly good with the 1 hour time frame. It trades all currency pairs, and trades are opened with take profit and stop loss for the management of risk. The group that is behind this software are also providing 8 different types of services and are claiming that these services will help make the lives of the trader easier and more rewarding. Some of those services include the following: The robot includes automated protective spots to lock in profit, like a trailing stop loss. It is simple to set up and utilize. The robot creates a log which backs itself up. The purpose of this log is not explained. Trades completely automated. The system will automatically plot price points on your behalf. The EA can be customized to fit the preferences of the trader. Built-in money management gives traders full control of their risk and Can trade multiple pairs simultaneously in order to create more profit.

These claims are very common among Forex robot developers. They often make a long list of claims which they want to use as selling points for their expert advisors. What matters most is the ability to prove that the robot works. There are a couple of ways to achieve this purpose.

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Worthy FX Trader EA is currently selling for the price of 109 USD. This license allows traders to use it on two live and demo accounts, plus unlimited updates will also apply to every purchase. It is also worth noting that despite the vendor telling us all the good things that their robot can do, the site is not properly designed and this makes them come across as unprofessional in their presentation.

Is there proof of successful trading?

Well, the vendor of Worthy FX Trader EA shows us an FX Blue account that has suggested the robot has generated 169% returns in over 130 days of trading. Our concern is that FX Blue is not very reliable compared to myfxbook. So we would like to see this information reflected on a myfxbook account which this developer can simply utilize if he wants more trust coming from the community. The average draw down is 8% only which is quite impressive. During this time, the software took 31 trades and this proves that indeed it is not a scalper.

Because these results are quite good, we would also like to see some real client trading results. There must be at least two or three people who are using Worthy FX Trader EA. They can come here and comment on this review so we can know for sure that these results perfectly reflect what this robot can do in the Forex market place.

Our best advice for you

Unfortunately, we won’t recommend this robot at this moment because we need the vendor to explain the intricate details of the strategy. They should also consider opening a myfxbook account. But definitely, this is a robot to watch out for because the kind of results we have seen are interested. In the meantime, we are asking traders to choose from this list of trading resources. We will consider changing our mind if something new shows up.

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