Agimat Trading System is a signal providing company that shares to us a patented robot to purchase. The developers claim that it’s “The Best Forex Scalper Trader Strategy.” Today we will be providing a full review on his robot and telling you what you can expect from this trading machine.
Agimat Trading System at a glance
We would like you to take a look at the following sheet.
Price | €174 |
Trading Platforms | MT4 and MT5 |
Currency Pairs | Any |
Strategy | Scalping and Swing |
Timeframe | N/A |
Recommended Deposit | N/A |
Recommended Leverage | N/A |
Money Management | Yes |
Agimat Trading System functionality
The presentation includes some intel split into different blocks that decreases understanding of the system.
- The robot works on the MT4 or MT5 terminal completely automatically.
- The robot focuses on trading with a scalping strategy.
- It also uses a swing strategy as the second one.
- The signals can be generated from the following markets: Forex, Stocks, Futures, CFD, Commodities, Metals, and Cryptos.
- It doesn’t repaint signals after being provided.
- The system can provide us with 90% of the accuracy rate.
- The drawdowns should be approximately 3.9%.
- It works based on a Neural Network that calculates Entry Points.
- We may note some screenshots with explanations of how the advisor works and what we have to expect from it.
- The system can be used on a $300,000 account.
The signals can be purchased for 174 EUR for a lifetime period. The package includes installation on MT4 or MT5 terminal, updates, support via email within 24 hours, a mobile application for Android and IOS, and user tutorials.
Agimat Trading System trading strategy tests
The presentation isn’t featured by a backtest report. We may start thinking that the developer does not own the system and just resells someone’s advisor. Even if not, the final report can convince us that the system was tested properly and we’re safe with our investments.
What about Agimat Trading System live trading results
Availability of trading results is a good sign that a reputation means something to the developer. Agimat Trading System works on a real EUR account. The closed profit has become €5,938.67. The dev withdraws the account from time to time as the balance has become €2408.
The total return is 259.7%. An average monthly return is 4.5%. We have a low maximum drawdown, -3.9%. The win rate is 95.3%. The profit factor is 10.67. An average trade frequency is 0.2 deals a day. It’s almost nothing as a paid trading solution.
The ROI is 2.54. The risk of ruin is 0%. An average trade length is 44.0 hours. An average win is €35.81 when an average loss is €68.25. The average result is €30.93.
We have GBPUSD with a 100% win rate as the most traded currency pair – 19 orders.
The system trades the sell direction (133 orders) over twice more frequently than the buy one (59 orders).
The advisor skips trading Friday (2 orders).
Agimat Trading System focuses on opening orders during Australian and Asian trading sessions.
The advisor had only two orders in October 2021.
The developer decided not to keep much margin on the account.
Other notes
The system was registered in the US regulator by Dennis Buchholz. It’s a rare pro that marks this robot among others.
Agimat Trading System has a page on Forex Peace Army with 269 reviews that formed a 3.99 rate.
Some people are happy with the service.
Others have issues with the system and suggested not using it.
Agimat Trading System Review Summary
Agimat Trading System-
Functionality3/5 NeutralThe robot can trade fully automatically.
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Trading strategy4/5 GoodIt uses a scalp strategy with trend trading.
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Live results3/5 NeutralIt does not trade often.
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Customer support3/5 NeutralThe support looks average.
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User reviews3/5 NeutralCustomer reviews are mixed.
The Good
- Trading results provided
- The system is patented
- Affordable pricing
The Bad
- No system details explained
- No risk advice given
- No backtest reports provided
- Insanely low trading frequency