FX Secret Immortal Review

FX Secret Immortal

FX Secret Immortal trades on EURUSD and comes at a striking price of $549. Traders can get it for a single live account on the MT4 or MT5 platform. The algorithm has had a live record tracking since 2013, which the developer boasts about constantly on the website. We will cover all the available information in our article so that readers can have an idea of the purchase decision.

The company is not willing to provide us with their background information. They only detail a small amount of knowledge about the algorithm on their website, which is quite concerning. We believe that the system might not be as profitable as the claims are due to such an approach.

FX Secret Immortal at a glance

Price$549
Trading PlatformsMT4, MT5
Currency PairsEURUSD
StrategyA combo of 3 trading strategies
TimeframeH1
Recommended Deposit$1400
Recommended LeverageN/A
Money ManagementN/A

FX Secret Immortal functionality

The robot has the following features:

  • The EA works on both MT4 and MT5 platforms.
  • Traders can change the associated account number online as they wish.
  • It has a drawdown control system in place.
  • Three different strategies work in combination.

The company does not provide any knowledge on the time frame, currency pairs, and deposits that traders should use. This keeps us blind on the subject matter. 

FX Secret Immortal trading strategy tests

The developers provide no backtesting records for the robot. It shows us that the system might have failed during the historical test. 

The dev states that the robot uses three different strategies which traders can turn on or off at their wish. The algorithm calculates the stop loss accordingly. From the history on Myfxbook, we can observe that it trades on EURUSD with an average trade length of 2 days. This makes the robot a semi swing trader. From history, we can monitor the use of the martingale strategy, which is quite risky. 

The trading history of the robot
The trading history of the robot

What about FX Secret Immortal live trading results

We have live records on Myfxbook showing the performance from May 27, 2013, till the current date. The system made an average monthly gain of 4.74%, with a drawdown of 65.84%. The high value of drawdown gives us a poor risk-reward and shows a huge loss in account balance. The winning rate stood at 56%, with a profit factor of 1.16. The best trade was $11908.37, while the worst was -$8000.20. There were a total of 3002 trades. There were $1863 in deposits, and no money was withdrawn. 

The algorithm has had a total gain of 11727.4% since its inception. However, there are periods when it performs terribly which adds to the downside. The final balance as of now is $64119.27.

The performance of the system
The performance of the system

Pricing

The robot can be purchased for an asking price of $549 with a single license. There is no money-back guarantee provided. The developer provides lifetime support with the purchase.

The pricing model of the robot
The pricing model of the robot

Customer reviews

Not recommended. There is a single review present on Forex Peace Army. A trader says that he tested many systems for more than a year. He does not write anything about the Immortal but says that he ran a number of EAs from FX Secret and says that all have been lost while working. He adds that none of the robots offered by this company is recommended. 

Review on Forex Peace Army
Review on Forex Peace Army

FX Secret Immortal Review Summary

FX Secret Immortal
3 5 0 1
FX Secret Immortal has a high drawdown of 65%, which can be scary for many traders. This can affect the mindset of an investor who would consider investing in low drawdown robots. The claims from the developer about the equity control seem fake when scanning the live records. Traders should avoid the system as of now.
FX Secret Immortal has a high drawdown of 65%, which can be scary for many traders. This can affect the mindset of an investor who would consider investing in low drawdown robots. The claims from the developer about the equity control seem fake when scanning the live records. Traders should avoid the system as of now.
3/5
Total Score
  • Functionality
    3/5 Neutral
    The system trades unpredictably with ups and downs in terms of drawdown.
  • Trading Strategy
    3/5 Neutral
    The system uses an aggressive Martingale to recover after losses.
  • Live Results
    3/5 Neutral
    High drawdown and risky trading approach are risky for any trading account.
  • Customer Support
    3/5 Neutral
    The developer provides 24/7 support.
  • User Reviews
    2/5 Bad
    We could find only one user review on FPA. The trader does not recommend any of the systems developed by the company.

The Good

  • Live records are available

The Bad

  • No transparency on the developer
  • No backtesting results
  • High drawdown
Total
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