Zeus uses a fully automated system that follows a low-risk trading approach while providing a 15% return monthly. It has an ultra-fast complex monitoring mechanism via account management and PAMM options. We will go through the website to find out the system’s features to know if investors can profit from it.
Nenad Kerkez and Chris Svorick are the system authors who founded the company back in 2014. They provide links to their social media and LinkedIn profiles and state that they have won many awards from multiple reputable financial services such as FXStreet.
Zeus at a glance
Price | €399, €699, €999 |
Trading Platforms | MT4 |
Currency Pairs | Multiple |
Strategy | Channel breakout |
Timeframe | All |
Recommended Deposit | N/A |
Recommended Leverage | N/A |
Money Management | Yes |
Zeus functionality
The EA has the following features:
- PAMM and account management services
- A reliable source of passive income
- Low-risk trading with an average drawdown value under 20%
- Ultra-fast complex monitoring
Zeus trading strategy tests
The developers state that the EA trades on EURUSD on the 5-minute charts. It requires a minimum trading capital of €2500 and can work with any broker. The trading history on Myfxbook shows us that it uses an averaging strategy to trade the markets and has an average trade duration of 14 hours and 1 minute.
Unfortunately, there are no backtesting records available for the algorithm. This keeps us blind to understanding essential figures such as historical drawdown, profit factor, winning rate, and reliability.
Zeus real trading results
Liver trading results are present on the Myfxbook website. Looking at the results from September 03, 2020, till the current date, we see that the monthly gains stand at 1.13%. The robot had a maximum drawdown value of 71.07% for this period, which is super high. It shows us that it can nearly cause a margin call on the account while trading.
The algorithm took part in 73170 trades during this time, out of which 69% were profitable. The profit factor stands at 1.05, with the best trade as 170 pips and the worst as -275.8 pips.
User reviews
The company has 86 reviews available on Forex Peace Army, which gives them a total rating of 4.499. There is no feedback for Zeus. One of the traders states that they had used Zeus EA and faced a 40% drawdown on the account. They lost €2500 while trading with the robot. On the other hand, the company’s portfolio had returned to profits.
Another trader comments that they have been a true customer for two years and found their algorithms waste time. After a considerable time, they are down 40% on their portfolio. The backtesting and live records differ considerably, which is quite alarming.
Pricing
Traders can rent the robot for one year at €699. It guarantees yearly access and flexibility with a provider. The lifetime package is available for €999. The rental sponsorship is at €399 and has no capital limits. Traders can also choose to join via the PAMM option, for which the profit-sharing is 20-30% in favor of the developers.
Zeus Review Summary
Zeus-
Functionality2/5 BadThe service works only on MT4.
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Trading strategy3/5 NeutralIt uses an averaging strategy.
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Live Results2/5 BadThe system trades with high drawdowns.
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Customer support3/5 NeutralCustomer support is only available through a contact form.
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User reviews2/5 BadThe user reviews on Forex Peace Army are bad.
The Good
- It comes with live records
The Bad
- A high drawdown
- No backtesting records
- Poor reviews on Forex Peace Army