Easy Money X-Ray Robot is an FX EA that claims risk-free profits. The vendor assures a hassle-free automated system that runs smoothly without any input on your part. Developed by the LeapFX team, this ATS is the creation of the best developers and traders in the field. This EA uses the quad indicator or a combo of 4 indicators for identifying trending opportunities.
As with other LeapFX products, we could not find further info on the developer or the team behind the system. There is no location address or phone number present for contacting the vendor. For customer support, an online contact form is the only option present.
Easy Money X-Ray Robot at a glance
|Price||$347 – $597|
|Currency Pairs||All currency pairs|
Easy Money X-Ray Robot functionality
According to the vendor, this FX EA is capable of generating a profit of up to 50% which is compounded monthly. Important features that the vendor states make this ATS competitive include profits of more than 3000% reached in a short span, 35% to 50% profit every month, fully automated, and the ability to start with a low balance of $250. As per the vendor, the live account of the EA has made about 3,000% profits in a year.
For purchasing this FX robot, you have two membership options. The one-year membership costs $347, while the lifetime membership costs $597. Free lifetime updates, full customer support, best recommendations, and automatically optimized best settings are features included in the packages. A 30-day money-back guarantee is also present for this EA.
Easy Money X-Ray Robot trading strategy tests
According to the info present on the official site, this FX EA uses a system of four indicators for identifying the trending opportunities. Once the opportunities are spotted and trades entered, the EA uses dynamic money management to lock the profits and provide consistent profits every month automatically without the need for additional tweaking of the settings. We find the strategy explanation is inadequate and vague. Furthermore, the vendor does not provide backtesting results which raises a red flag for this EA.
What about Easy Money X-Ray Robot real trading results?
A few real trading results are present for this account. Here is a real USD account using the FBS broker and the leverage of 1:1000 on the MT4 platform.
From the above trading stats, we can see a total profit of 42.76%, and an absolute profit of 12.05% was generated for the account. An average daily profit was 0.13%, while an average monthly profit was 19.84%. A drawdown of 18.21% is present for the account. For the account that started on January 13, 2021, and ended on February 8, 2021, a total of 5055 trades have been executed.
We can see that the EA traded with profitability of 62% and the profit factor of 1.45. The vendor hid the trading history which raises suspicion about the EA’s performance and approach. Further, the small sample size and the large number of executed trades with low profitability also confirm our doubts that the system uses a risky approach.
We could not find user reviews for this FX EA on reputed third-party sites like Forexpeacearmy, Trustpilot, etc. The absence of user reviews indicates this is not a well-known system. Further, it also raises doubts about the dependability of the ATS.
Easy Money X-Ray Robot Review SummaryEasy Money X-Ray Robot
Functionality2/5 BadVery little info provided on the working method and related details.
Trading strategy2/5 BadThe trading approach is not explained by the vendor.
Live results3/5 NeutralWhile the real trading results are verified, they reveal a high-risk approach.
Customer support2/5 BadInsufficient customer support methods provided by the vendor.
User reviews1/5 AwfullyNo user reviews found on trusted sites like Forexpeacearmy, Trustpilot, etc.
- Fully automated trading
- 30-day money-back guarantee
- No explanation is provided for the trading approach
- Real trading results show a high-risk approach
- Expensive price