FXZipper is a robot that was designed to execute orders on clients’ terminals. The presentation is several pages long and includes only the most important information about the system: live trading results, pricing, and trading strategy details. The system is a reliable and broker-friendly scalper robot.
We have a simplified offer where the system is available for $345 for a real account copy. The package is featured by one real account license, possibilities to trade 8 pairs, MT4/MT5 versions of the system, a user manual, free updates, and 24/7 welcome and knowledgeable support. We can try on a 30-day money back guarantee.
Key features
We have some details about the system details, settings, features, etc. explained.
- The robot can execute orders on a terminal completely automatically.
- If the market goes against orders, they get closed quickly.
- The system performs a scalp strategy.
- It gains from 6 to 12 pips on average.
- The system cuts our profits from market moves.
- Trading is possible on GBPCAD, GBPAUD, EURCHF, AUDUSD, AUDCAD, USDCAD, GBPUSD, and EURCAD.
- Trading length is over seven hours for many orders.
- The system has a spread protection feature.
- The robot should be used on an ECN account.
- We should use the robot on a VPS service.
FX Zipper trading approach
- The advisor seeks for trading opportunities.
- It checks indicators and makes a decision to get into the deal.
- The robot covers our orders with SL and TP levels.
- There’s a broker protection implementation.
Backtesting results
FX Zipper was tested on GBPAUD on M15. The data period was 5 years. The modeling quality was 99.90% with the variable spreads. An initial deposit was $2000 that has become the total net profit of $29,285. The profit factor was 2.98. The maximum drawdown was 13.63%. The system executed 368 orders. An average win rate was 90% for shorts and 92% for longs.
FX Zipper live trading results
The developers set it to trade on the real account on a little-known broker MTrading on MT4. The account has a verified track record. It was created on November 19, 2019, and deposited at $500.52 only. Since that time the system has grown its total gain to 160.29%. The maximum drawdown is 13.33%.
The robot executed 1096 orders with 2531.1 pips. An average win is 7.58 pips when an average loss is -18.10 pips. The win rate is 78% for longs and 79% for shorts. An average trade length is 9 hours 2 minutes. The profit factor is 1.38.
There are ten cross pairs traded. The system has lost EURAUD, -$56.96 and GBPUSD, -$56.10.
It prefers trading at the end of the American and the beginning of the Australian session.
It’s weird that Monday, right after the weekend, is the most traded day.
The system works with medium risks. There’s a 1.31% chance of losing 10% of the balance.
The robot uses Martingale to recover after losses.
It looks like January 2022 will be closed with the loss.
What are the risks with FX Zipper?
The risks are medium-high because the advisor doesn’t show a stable performance in 2022. It also uses Martingale.
Worth noting!
There’s a profile of the robot on Forex Store with a high rate of 9.1/10. It follows NFA rules. There are no pieces of feedback provided to be sure that the robot works well for clients.
What are the pros & cons of investing in FX Zipper?
Pros | Cons |
Backtest reports provided | No team revealed |
Trading results shown | No risk advice given |
No strategy explanations provided | |
This year hasn’t started well | |
The robot uses Martingale | |
No people’s feedback provided |
FX Zipper Conclusion
FX Zipper is a robot that uses Martingale on the low win rate on the real account. The last trading results show that the robot doesn’t work stable and profitable for us. We should wait for upcoming updates because we don’t have reviews from clients to understand how the system works.
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Features
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Pricing
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Performance
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Reliability