FX Secret Immortal Review 2023 – Compare The Best Forex Robots EA Providers

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Check the in-depth review of FX Secret Immortal EA below. For more reviews on providers of Forex Expert Advisors – follow this link.

FX Secret Immortal is an automated EA trading system that comes with a flashy name and promising advertisement. According to their website, the EA offers a combo of three different trading strategies, high profitability and drawdown control.

This review will break down the trading strategy of the forex robot and the performance results, providing you with some quality insight into whether you should use it or not.

FX Secret Immortal Overview

According to their website, FX Secret Immortal is developed by successful traders, providing automated solutions for trading on the Forex Market. We also read that the company was created in 2012, but the development of the EAs started in 2009.

Our additional research couldn’t provide us with the name of the company or its location. However, we found out that the people, standing behind FX Stabilizer, another forex robot that we have reviewed (check it out here).

FX Secret Immortal was launched in 2016, and its latest version is from 2019. The FX robot works with several USD pairs such as EUR/USD, AUD/USD and USD/JPY. The time frame for the EAs trade is one hour.

FX Secret Immortal works on MT4 and MT5 and can be used under every broker account that offers these trading platforms. The developers promise 24/7 ongoing support. Still, the only way to connect them is with a website contact form, where you can submit a question with your name and email.

On the contrary, established developers have an FAQ section and forum, where users can ask questions and discuss their practices.

READ ALSO: Compare top ranking forex robots EAs providers in a few clicks

FX Secret Immortal Trading Strategy Review

According to the FX Secret Immortal page, the robot implements three different trading strategies. Unfortunately, the vendor doesn’t provide more information about which strategies they use. They only stated: “is a balanced and well-functioning combination of three different systems that are reliably and profitably combined on one account”.

Still, our review’s research showed that they use some grid-based approach combined with some night scalping. According to some customers’ testimonials, the robot also uses the martingale strategy. The top-ranking developers of EAs often avoid this strategy as it is considered high risk.

FX Secret Immortal Performance Results Review

The vendor provides data of FX Secret Immortal’s performing results through the EA’s verified trading account on myfxbook.

The data included in the graphic spans back to 2014, which gives a better perspective on how the robot performs.

According to this information, the overall gain is 9028.46%, with a monthly rise of 4.83%. In this period, the EA has made over 2000 trades. At a glance, these are positive results that show that FX Secret Immortal is quite effective.

However, a drawdown of 65.85% and a careful look at the graphic (where periods of high gains are followed by periods of significant losses) raise some red flags.

FX Secret Immortal Conclusion

FX Secret Immortal has been on the market long enough to catch the attention of traders searching to assist an automated system in performing some of their trades. Still, the lack of transparency and detailed information combined with the high price of the EA (over 500 USD) pushed away many of the potential customers.

Pros

► Grid combination of 3 strategies

► Supporting both MT4 and MT5 trading accounts

Cons

► Only one license account

► High-price (549 USD)

► Lack of detailed information about the product and the vendor

To make an informed decision which is the best Forex Robot for you need to be able to compare different parameters, performance results and prices. Тaking time to do your own research might be overwhelming. Acorn 2 Oak is the one-stop place where you can compare a wide range of FX Expert Advisors in just a few clicks.