FxStabilizer is a Forex robot that claims to provide consistent daily profits without big drawdowns. It promises a reliable and durable system that can face all market changes successfully. As per the vendor, this EA started trading in 2015 and has provided stable profits every month since then without losses.
Other than the mention of the system being powered by Forex Store, we could not find info on the vendor. There are no details about the developer or the team responsible for developing the system. We could not find info like a location address, phone number, etc.
To contact support, you need to use the online contact form present which does not provide immediate support. You need to wait a minimum of 24 to 48 hours before your queries or concerns are addressed.
For buying this FX robot, you need to choose from the two packages offered namely, the Pro pack that costs $739 and the Ultimate package that costs $539. A 30-day money-back guarantee is present for this FX EA. On comparing the price with other similar products in the market, we find the price is too expensive.
As per the vendor, this ATS calculates the entries and exits accurately. It is designed to provide a hassle-free experience to traders. On purchasing the package of your choice, you need to install it and pick the mode you prefer from the turbo and durable options, set the risk, and the EA will take over the trade execution.
According to the vendor, this FX EA works mainly on the EURUSD and AUDUSD pairs. The other pairs it works on include GBPCHF, EURGBP, USDJPY, USDCAD, EURJPY, and CHFJPY). There is no info present on the recommendations for trading like the timeframe, leverage, minimal deposit, brokers, etc.
FxStabilizer trading approach
The vendor claims that this FX robot uses accurate calculations for identifying the best opportunities and uses an absolute trading security method for its approach. There is no further explanation of the approach. We find the lack of strategy explanation suspicious. By not divulging the trading approach, the vendor makes us doubt the dependability of this EA.
Many backtesting reports are present for this FX EA on the official site. Here is a strategy tester report for the EURUSD pair with the trading done from 2009 up to 2016 on the H1 chart.
From the above report, we can see the EA had generated a total net return of 176789.20 with a profit factor of 2.10 and profitability of 58.95%. The maximum drawdown for the system was 33.11%. The low profitability and high drawdown indicate a risky approach and ineffective performance.
FxStabilizer live trading results
The vendor provides many real trading results verified by the myfxbook site. Here is a real USD account using the FXOpen broker on the MT4 platform.
From the above trading stats, we can see the system has generated a total profit of 742.75% and an absolute return of a similar value. The daily and monthly profits are 0.11% and 3.42%. A drawdown of 39.51% is present for the account that started with a deposit of $10,000.
From the advanced stats, the total number of trades executed is 676 with a profitability of 61% and a profit factor value of 1.79. The trading history reveals lot sizes ranging from 0.15 up to 2.40.
The big lot sizes, high drawdown, and low profits indicate a high-risk approach. The findings corroborate with our analysis of the backtests showing that the approach and performance are poor for this EA.
What are the risks with FxStabilizer?
From our assessment of the various aspects of this expert advisor, we find it is not a reliable trading system. Some of the main risks you face with this EA are:
- The lack of explanation of the trading approach raises a red flag for this ATS. Since the approach decides the success of a system, the lack of info shows it is not a reliable EA.
- From the backtesting and real trading results we find the approach used is risky and can endanger your capital.
- Vendor transparency is not present for this ATS which is another downside that makes this an untrustworthy system.
We found 7 reviews for this EA on the Forexpeacearmy site with a rating of 3.3/5. Here are a few of the reviews:
From the above feedback, we can see that the system is performing poorly and the users are not happy with the support and performance of the EA.
What are the pros & cons of investing in FxStabilizer?
|A fully automated trading||Strategy explanation is not present|
|Verified results||Real trading reveals a risky approach|
|Money-back assurance||Lack of vendor transparency|
With a lack of transparency concerning the strategy and vendor info, and a risky approach in real trading we find this is not a system worth investing in.
The claims of stable profits by the vendor are false as our evaluation reveals many shortcomings like a risky trading approach, poor performance, and more. With the EA not meeting the main criteria like strategy and performance, we find this is not a trustworthy FX robot.