FX Fortnite is marketed as a highly profitable expert advisor like many automated trading systems we have come across. In this case, the main claim is that the robot has a great profit potential in this market. As per the devs, FX Fortnite is a very distinctive and powerful 24/5 trader, thanks to its powerful profit-taking features. However, we caution you against taking these statements seriously. Vendors in this market are known to promise things that they know very well their systems cannot deliver.
The creators of this robot are anonymous. Nothing is said about the team, its whereabouts, or even the contact address. We usually discourage traders from working with unknown people because, most of the time, they are just swindlers who are after your money.
FX Fortnite at a glance
|Price||$149, $199, and $249|
|Strategy||Trend/Hedge with High/Middle/Low Risk Setting, Grid|
|Recommended leverage||1:100 and higher|
FX Fortnite functionality
The other features of the robot are included here:
- The recommended broker is IC Markets.
- It is 100% automated FX EA.
- It is easy to use.
- Online support is offered 24/7.
- A 30-day money-back guarantee is present.
FX Fortnite trading strategy tests
FX Fortnite uses the hedge and trend following strategies, which can work on high, medium, or low risk settings. The vendor explains that these approaches were chosen with the goal of achieving superior risk adjusted returns. A lookback straddle approach for assessing the return characteristics of a trend following strategy is also employed. Profits are made by capitalizing on volatility.
However, you will be disappointed to learn that this EA is also working with the grid algorithm, info that the vendor is not willing to disclose. This shows us that the devs might not have your best interests at heart. They want you to hand over your investment to a system that might make you lose all your money.
These are the results of a backtest that was conducted using a middle-risk setting between January 2020 and September 2020. During this period, the EA performed 2164 trades and had an average profit trade of $1.79 and an average loss trade of -$2.78.
The strategy used was far from effective as it generated a small profit and many losses. From the stats above, we can see that it only managed to make $1060 from a capital of $1000. Also, a huge drawdown of 37.73% indicates it left a trail of losses in its wake.
What about FX Fortnite real trading results
The EA has only traded for 38 days, and to date, it has made a profit of $406.75 and a loss of -$296.20. The balance has, in turn, increased from $500 to $906.75. The amount available for trading is $482.
The system’s trading activities are successful 78.2% of the time. However, the peak drawdown is not indicated and denies us the chance to gauge the risks involved in trading. About 14.1 trades are made per day and the average holding time is 34.3 hours. To date, the total return rate is 81.4% and the monthly rate is 56.3%.
Fixed lot sizes of 0.01 were applied coupled with a grid of orders. The profits made were very minute.
November is by far the most profitable month.
FX Fortnite has zero customer reviews. It is possible that customers are aware of its poor performance in the live market and are hence not willing to try it.
FX Fortnite Review SummaryFX Fortnite
Functionality4/5 GoodThe vendor describes the features of the robot well.
Trading strategy2/5 BadThe grid is among the strategies used, which puts the account at high risk of being ruined.
Live results3/5 NeutralLive results are featured in the presentation, but they are not exceptional.
Customer support2/5 BadAlthough the devs admit they offer customer support, they don’t provide any contact address.
User reviews2/5 BadThe robot lacks user reviews.
- Offers a 30-day refund policy
- Easy to use
- Lack of vendor transparency
- Grid on the board
- No feedback from clients
- Low profitability