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    Home » FX Zipper Review: Is It a Good Robot to Buy In 2022?
    Automated Trading Forex Robots

    FX Zipper Review: Is It a Good Robot to Buy In 2022?

    January 31, 20224 Mins Read
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    FX Zipper
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    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. 

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

    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 backtest report
    FX Zipper backtest report

    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

    FX Zipper trading results on Myfxbook
    FX Zipper trading results on Myfxbook

    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%.

    FX Zipper statistics
    FX Zipper statistics

    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.

    FX Zipper directions
    FX Zipper directions

    There are ten cross pairs traded. The system has lost EURAUD, -$56.96 and GBPUSD, -$56.10. 

    FX Zipper dhourly activities
    FX Zipper dhourly activities

     

    It prefers trading at the end of the American and the beginning of the Australian session. 

    FX Zipper daily activitiesFX Zipper daily activities
    FX Zipper daily activities

    It’s weird that Monday, right after the weekend, is the most traded day. 

    FX Zipper risks
    FX Zipper risks

    The system works with medium risks. There’s a 1.31% chance of losing 10% of the balance. 

    FX Zipper closed orders
    FX Zipper closed orders

    The robot uses Martingale to recover after losses. 

    FX Zipper monthly results
    FX Zipper monthly results

    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!

    FX Zipper page on Forex Store
    FX Zipper page on Forex Store

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

    FX Zipper Conclusion

    36% Summary

    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.

    • Features 4
    • Pricing 4
    • Strategy 4
    • Performance 3
    • Reliability 3
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