Forex Real Profit Review

Here’s an EA that has been on the market for nearly a decade with a flashy website saying, “Let’s make SOOOME MOONEY”, and yet somehow, it couldn’t get into the radar of many traders and industry specialists.

This Forex Real Profit EA review will break down the robot features, trading strategy and performance results and established whether it hadn’t been a hidden gem everyone has missed.

Forex Real Profit Overview

Forex Real Profit EA is an automated trading software that enables complete beginners and experienced traders to participate in the forex market regardless of their technical skills. The official website doesn’t give us information on the developers of the product.

Despite this is not a reason for not believing in the quality of the product, it does create a certain level of distrust as we don’t know who are we working with.

Forex Real Profit doesn’t offer you a one-time purchase of a product but rather an annual subscription to a forex robot service. The price is 199 USD per year. As a paying member, you receive one license to use on a live MT4 account and unlimited demo accounts.

If you wish to add more live account license, you will be charged 99 USD each. Additionally, the company is reserving the right to increase the sale price “without any prior notification to secure the best functioning and best support”. The excellent quality products come for a higher price.

However, the EAs’ market is quite dense, and there are plenty of established forex robots offered in the one-time purchase and a free update for almost the same amount of money that Forex Real Profit will charge you once per year. Perhaps this is one of the reasons the product has remained so far out of traders’ radar.

Forex Real Profit Features Review

Forex Real Profit works with twelve currency pairs in a 15-minute time frame. They are selected among the most common major currency pairs such as EUR/USD and GBP/USD and minor currency pairs with more liquidity, such as EUR/GBP and EUR/CHF. After you receive your member name and code and install your Forex Real Profit EAs, you can immediately set it in motion. The minimum deposit required is only 100 USD.

Forex Real Profit Trading Strategy

According to the product’s official website, Forex Real Profit implements six scalping strategies to disperse by two. Each couple is scalping different segments. This way, two strategies are scalping Asian session, two are scalping on trends, two – all sessions, and another two are breakout strategies.

The approach looks innovative. However, in our opinion is somewhat risky. For example, as the graphic presented on the website shows, most trades are made during the Asian session, when the liquidity is usually low, which is dangerous in the long run.

The case is that such a scalping system is often spotted by the broke, and slightly works executions are assigned to the respective account. With this scalping system, even the slightest slippage can have a significant influence on the results.

Forex Real Profit Performance Results Review

Forex Real Profit has verified accounts running on myfxbook and IC Markets. The primary account on myfxbook has been running since 2013, and throughout the years, separate accounts for different currency pairs have been added.

At the time of writing this review, the account’s net gain is 425.95%, with a drawdown of 9.47%. These numbers are positive, showing that the performance of the robot is stable in the long term.

However, it is essential to notice that this myfxbook account is not verified, which lowers the EA provider’s credibility.

Forex Real Profit Conclusion

At a glance, Forex Real Profit looks flashy and attractive robot developed by a team of professionals. The positive results on their myfxbook account also support this impression. Still, the lack of customers’ testimonials and verified account raise some red flags on the automated software’s efficiency.

Pros:

► Wide range of currency pairs to trade

► Combinations of six different strategies

► Minimum deposit of 100 USD

Cons:

► No verified accounts

► No customers’ feedback

► Subscription model of 199 USD per year