FXTrackPRO

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Here you can read a comprehensive review of FXTrackPro Expert Advisor. Follow this link if you wish to check other forex robots’ reviews to help

you make an informed decision.

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FXTrackPRO is an automated software EA that promises to boost your profits through low-risk trading by enabling you to invest only a small part of your deposit and still achieve significant earnings. The EA works on MT4 and MT5 platforms and trades in up to six different currency pairs.

Additionally, its promise to protect your account with an efficient risk management system. Sounds promising? Read through this review to find whether FXTrackPRO delivers its promises, what trading strategy the EA implements, and the performance results.

FX Track Pro Overview

Like other forex robots, FXTrackPRO’s official site doesn’t have any developers’ information. However, according to our research, the software is powered by Forex Store with a location in Arizona, USA and the sale website was created in October 2020.

This information doesn’t speak for the quality of the product in any way. Still, we believe having more information about the developers would have added more credibility to their claims.

On the positive side, the vendor has a good customer support centre. We have found only two customers testimonials that were answered promptly by the FXTrackPRO team.

According to FXTrackPro’s official website, the program is easy to install and works with all types of broker accounts. It comes with a 30-days return option.

The software is sold in two versions, which differ in the number of currency pairs included. The basic version for 325 USD comes with one license for any trading account and works with EUR/USD, GBP/USD and USD/JPY.

FXTrackPRO SUPER, on the other side, also has one license for any account but trades in six currency pairs: EUR/USD, USD/CAD, GBP/USD, EUR/JPY, USD/JPY and CHF/JPY. Its price is 445 USD.

FXTrackPRO Trading Strategy Review

The Robot bases its trading strategy on three different indicators applied according to the particular occasion. The EA scan the market situation and select an indicator to identify the best possible entry points.

This information, however, doesn’t clarify much the type of trading strategy used by the EA. We analysed the trading history, and our review showed that there is a particular Martingale trend.

The three indicators mentioned by the vendor might be working as a lot-rising after a closed losing trade.

FXTrackPRO Performing Results Review

It has three live trading accounts on myfxbook that show the FXTrackPRO Super trading results in six currency pairs, trading in USD/CAD and trading EUR/USD.

The accounts have existed since June and July 2020. The results up to date show that of the three, the best performing is the Super with an overall gain of 828.32%. Having only nine months of life, the other two accounts collected – 457.03 % (USD/CAD) and 341.97% (EUR/USD).

It is interesting to notice that the three accounts have low and medium risk levels based on the data of their drawdown:

â–º FXTrackPRO Super – 33.78%

â–º FXTrackPRO USD/CAD – 30.54%

â–º FXTrackPRO EUR/USD – 22.91%

FXTrackPRO Summary

The EA has a lot of good features, including the three indicators and six currency pairs. However, the lack of detailed information about their trading strategy and the fact that users can’t observe the trading activity raise some red flags. Furthermore, we couldn’t find any customer feedback on the products.

Advantages:

â–º Verified accounts

â–º Up to six currency pairs

â–º Risk level management

Disadvantages:

â–º High price

â–º No trading strategy provided

â–º Lack of information about the developers

â–º No customers feedback

If this review was helpful to you, visit our forex expert advisors reviews page to read more.

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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Written by:

Martin

Content Manager

Martin is a seasoned professional in the forex industry with a wealth of experience in web development and content creation. With a career spanning over a decade, Martin has established himself as a skilled and knowledgeable individual in the field.

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