Forex Robot FX Stabilizer Review 2023 – Compare The Best Forex Robots EA Providers

Welcome to Acorn 2 Oak, the website where you can compare and review a wide range of forex products and services, including managed accounts and copy trading, robots/EAs, as well as leading forex brokers. We offer you a smart way to save time and money by comparing various fx opportunities.

Below you will find a review on FX Stabilizer EA. We have reviewed various forex robots/EAs to help you make your informed choice.

FX Stabilizer is a forex automated robot offered in two versions – FX Stabilizer Pro and FX Stabilizer Ultimate. There are several differences between the two versions:  

► The Pro editions trades in 8 currency pairs, compared to 6 in the Ultimate  

► The Ultimate version includes Durable and Turbo modes, while the Pro edition offers an additional license of the Unlocked version of the EA.  

► The Ultimate version comes with a price tag of 539 USD, while the FX Stabilizer Pro costs 739 USD 

This review will shed light on the forex robot’s overall performance, the trading strategy, and data about its performance results.  

DON’T MISS: Review and compare Forex Expert Advisors in one place

FX Stabilizer Overview 

FX Stabilizer was developed by the same group that introduced FX Secret Immortal (check the review here). The company is also behind other automated systems like Forex Spectre and FX Charger.

However, on none of the advertising websites, there is more information about the vendor or additional contact details besides a simple question-form with your name and email address.

When we look at the asset selection, FX Stabilizer impresses with a good selection. It includes both major and minor currency pairs in both versions. The complete list is EUR/USD, AUD/USD, EUR/JPY, USD/JPY, USD/CAD, CHF/JPY, EUR/GBP, GBP/CHF.

Another positive feature of the forex robot is the support of MT4 and MT5 trading accounts, regardless of the broker. Additionally, it is pointed out that FX Stabilizer trades on the intraday timeframe of 15 minutes.

Advanced traders prefer intraday trades in such a short window as they offer more trading opportunities, no overnight risk and less chance of losing months.

FX Stabilizer Review – Trading Strategy

Unfortunately, like with any of their other products, the developers haven’t revealed what kind of trading strategies they use. It is only pointed that FX Stabilizer works on two modes, “Durable” and “Turbo”.

However, according to some customers testimonials we have researched, the EA uses the Martingale trading strategy. That strategy dates back to the 18th century, developed as a betting strategy. The principles of the betting strategy were applied in trading.

The Martingale strategy involves doubling the trade size every time a loss occurs. The idea is that the possible win will compensate for all losses at once. The strategy is avoided by many of the forex robot developers as it is considered a high-risk trading strategy.

FX Stabilizer Review – Trading Performance

FX Stabilizer has five official trading accounts available for review at myfxbook. The data on these accounts goes back to 2016 when the FX Stabilizer Turbo was launched.

This so far has proven to be the most successful edition with a gain of 2229.52% with a low-risk drawdown of 21.47%. The other FX Stabilizer live accounts show positive results, but with some significant low points too. They all have a high-risk drawdown of above 30%.

Additionally, according to some customers feedback, they can’t reproduce the same results as the vendor, which raises whether the developers use the same strategy or perhaps manually interfering with the EA.  

FX Stabilizer Conclusion  

According to the official page, FX Stabilizer is performing almost perfectly on its myfxbook accounts. However, despite that the EA has been around for several years, there weren’t many positive customer testimonials to support the data. Perhaps, the high price compared with the veil the vendor has put around themselves stops many potential customers.

Pros 

► Wide range of currency pairs to trade 

► Available for both MT4 and MT5 accounts 

► Broker’s insensitive 

Cons 

► Expensive compared to other similar products 

► No detailed information about trading strategy 

► Big difference between statistics from vendor and customers’ testimonials

If this review is helpful for you, make sure you check other forex expert advisors’ analyses here.