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On this page, we offer you a detailed look into FX Diverse forex robot features and performance results. Our team of experts have monitored a wide range of fx EAs vendors. The complete list of reviews you can find here.
FX Diverse is a fully automated EA that can trade up to 28 currency pairs. The system is adjustable and enables traders to select their settings, including what kind of trading they prefer, how often they wish to trade, which currencies. Additionally, you can set your risk levels.
This FX Diverse review will demonstrate the EA’s features, trading strategies, and performing results to help decide whether it is suitable for your trading needs.
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FX Diverse Overview
FX Diverse was launched in 2015. We don’t have information about the developers, but it is said: “Powered by Forex Store” on the official site. Forex Store is a company located in Arizona, USA, specialising in the distribution of EA products.
We have already reviewed some of the forex robots offered by them, including Forex Truck, FX Stabilizer and FX Track Pro.
FX Diverse is completely automated trading software. It works with a wide range of currency pairs under MT4 accounts. Potential users can select between two versions on the market.
FX Diverse basic costs 235 USD and comes with one year license for one account, while FX Diverse Unlimited for just 40 USD more offers a lifetime license for one account.
Both versions come with free updates and 24/7 customer support. After purchase, customers are provided with a link to download the product or select the option for physical delivery, but that could cost them extra.
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FX Diverse Features Review
FX Diverse comes with in-box settings but allows you to adjust them to be the most suitable for you. What sets the forex robot different from other EAs is selecting the profit you want to get in one trading session. You can choose the profit level in the amount of money or percentage.
FX Diverse forex robot can trade between 3 and 28 currency pairs, according to your selection. The time frame of the trading depends on the number of currency pairs you have selected.
FX Diverse Trading Strategy Review
The trading strategy of FX Diverse is a variation of the so-called arbitrage system used by Leap FX Arbitron EA (LInk to the review). In this type of trading, the software compares a fast price feed with a slow price feed broker.
If it finds that the fast feed price is higher than the price on a slow broker, this is an excellent price to buy. And if at the moment, the price of the fast feed is lower than the price on a slow broker, it means it is a good opportunity to sell.
The system is unusual for forex robots. However, it could repeatedly bring profits due to the frequency of the arbitrage.
FX Diverse Trading Results Review
FX Diverse has a verified account on myfxbook that has existed since February 2015. At the time of writing this review, the data show that the account’s overall gain is 1541.74%. The graphic shows stable growth over the years. Still, there are some significant drops in some months. The maximum drawdown is currently 47.15% which is considered high risk.
FX Diverse Conclusion
FX Diverse is a forex robot that uses a different trading strategy than most EAs on the market. It allows traders to adjust all settings according to their own preferences, which is a great benefit for traders with more experience who know how financial markets are working.
On the other side, Novice traders would probably face some difficulties using FX Diverse due to their lack of knowledge. Additionally, the arbitrage system is often seen as borderline illegal as many specialists compare it with the forbidden practice of stock market insider trading.
Pros:
â–ş Up to 28 currency pairs to trade with
â–ş Verified myfxbook account
â–ş You can set the profit you want to achieve
Cons:
â–ş The basic version gives only one year license
â–ş Not suitable for beginners
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To compare cutting edge Forex Robots/EAs with an easy-to-use interface, fill in your details in our enquiry form, and we will get back at you with up to 4 FREE quotes for you to assess and review
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