The FX PostThe FX Post
    What's Hot

    FlatQube Trade Volume, Trade Pairs & Trust Score

    November 7, 2022

    Step Guide to Winning Forex Trading

    September 19, 2022

    Relationship Between Currency Risk and Foreign Bonds

    September 2, 2022
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home » AX Trader Review: Is it a Good Robot to Buy in 2021?
    Automated Trading Forex Robots

    AX Trader Review: Is it a Good Robot to Buy in 2021?

    July 19, 20214 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit
    AX Trader
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    AX Trader was published under a LeapFX brand. The presentation sounds wordy and lacks required information such as backtest reports and so on. The main claim is “Get This Powerful NEW High Frequent Trading Currency Robot That Can Hand You Up To 39% Profit Per Month AUTOMATICALLY.” Everything in the presentation looks standardized. 

    Key Features

    It was a challenge for us to find the most important information about the robot to provide you. 

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more

    • The advisor is a fully automated trading solution. It’s a set-and-forget robot. 
    • The system can be applied to the MetaTrader 4 platform. 
    • The monthly profit can be up to 38% monthly. 
    • The advisor has some customization or ferries that make profits from market volatility. 
    • We have a manual provided to install the system quickly. 
    • We may rely on the welcome support. 
    • The robot has a money-management feature on the board. 
    • The default settings were well designed. So, they provide us with reliable profits. 
    • The money-management system can calculate Entry Point, Lot Sizes, Take Profit, and Stop Loss levels.
    AX Trader pricing

    The system has a standardized offer, as usual for LeapFX. The one-year membership is available for $297 annually. The lifetime real-account license costs $497. The packages include the same features: AX Trader Software, free updates, welcome and reliable support, best recommendations. We can rely on the 30-day refund policy if something goes wrong. 

    AX Trader Trading Approach

    Overall trend chart
    • “AX Trader is engineered to determine the direction of the overall trend while dynamically adjusting its entry points utilizing data from Fibonacci calculations.”
    • We can work with the next low spread currency pairs EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY, and USDCHF. 
    • We don’t know details about time frames. 

    Backtesting Results

    Backtesting Results Chart

    We have a video of how the robot was tested without a final spreadsheet. So, the chart is almost useless, but we could note that there was Martingale used to recover after losses. 

    AX Trader Live Trading Results

    Trading Results Chart

    The expert advisor executes orders automatically on a real USD account on Blaze Markets automatically. It’s not quite a common broker choice for automatic trading. The leverage is 1:200 when trading goes on the MT4 platform. The account has a verified track record and verified trading privileges at the same time. It was created on April 01, 2021, and deposited at $5,000. Since then, the absolute gain has amounted to 166.6%. An average monthly gain is 31.75%. The maximum drawdown is 67.99%. Most likely, conservative traders don’t want to work with that deep drawdown.

    Trading Results

    The robot has traded 7346 orders with 5855 pips. An average win is 8.10 pips when an average loss is -27.16 pips. The win rate is 80% (1927/2404) for Longs and 79% (3898/4942) for Shorts. An average trade length is 13 hours 3 minutes. The profit factor is 1.65. 

    Currency pairs

    From USDCAD, it’s clear that the system uses Martingale to recover after losses. GBPUSD is still ahead as the most traded pair, with 1779 deals and $2105. 

    Trading sessions

    The robot focuses on the European and the beginning of Asian and American trading sessions. 

    Trading days

    Monday is a bit behind in the trading frequency among other days. 

    Low risks

    The robot manages to trade with low risks to the balance. It has to lose 156 orders in a row to lose 10% of the balance. 

    Trading history

    The robot works with Grids of 2-4 orders to close them in profits. 

    Monthly gain

    We don’t know why, but monthly profitability went down significantly. 

    What Are The Risks With AX Trader?

    The robot was released several months ago and it has been showing a solid decrease in the monthly profits it can make. We can’t be sure that in several months it won’t turn into losses. The robot was delivered without backtest reports as well. 

    Worth Noting!

    Page on Forex Peace Army

    We have only the LeapFX publisher page on Forex Peace Army. It doesn’t have any account connected to it. The page was created three years ago. 

    User reviews

    The two last comments are negative. People couldn’t be profitable with other advisors. 

    What are the Pros & Cons of Investing in AX Trader?

    ProsCons
    Well-known publishing companyNo developing team revealed 
    Real-account trading resultsNo risk advice given 
    Refund policy available No money-management advice provided
    No backtest reports shared 
    The robot is a quite young trading solution
    No people’s testimonials published 
    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more

    AX Trader Conclusion

    34% Summary

    AX Trader is a trading advisor for Forex that was published on LeapFX. The presentation is wordy and doesn’t include backtest reports for each currency pair. Trading results showed that the system uses Martingale, but even with it, the monthly profits went down. The presentation or a page on Forex Peace Army isn’t featured by clients’ feedback about the robot execution on their accounts.

    • Features 3
    • Pricing 3
    • Strategy 3
    • Performance 4
    • Reliability 4
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    FlatQube Trade Volume, Trade Pairs & Trust Score

    November 7, 2022
    social trading

    Best Social & Copy Trading Platforms

    June 30, 2022
    Gunbot Review: Pros, Cons, Recommendations
    5.3

    Gunbot Review: Pros, Cons, Recommendations

    June 28, 2022
    Smart Crypto Bot Review: Pros, Cons, Recommendations
    4.6

    Smart Crypto Bot Review: Pros, Cons, Recommendations

    June 27, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    6  +  1  =  

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • FlatQube Trade Volume, Trade Pairs & Trust Score
    • Step Guide to Winning Forex Trading
    • Relationship Between Currency Risk and Foreign Bonds
    • Best Social & Copy Trading Platforms
    • Bitcoin Dips Listed Below $20,000 With Fundstrat Considering ‘Last Washout’
    Featured Reviews
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    CryptoHero

    CryptoHero Review: Pros, Cons, Recommendations

    June 3, 2022
    Bitsgap

    Bitsgap Review: Pros, Cons, Recommendations

    April 29, 2022
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2023, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.