Killa Gorilla FX Master is essentially named after an ape, suggesting that it dominates the FX market. The developers particularly state that it has the ability to make between $50 and $20,000 daily depending on the risk the trader is willing to take.
We noticed that their presentation pays too much attention to irrelevant things. Traders are bound to get tired before they come across information they are looking out for. The developers should have focused more on providing tangible evidence of their claims and proving their credibility.
An individual named James Cross is part of the team that created this robot. We do not know anything more about the developers. Their qualifications, achievements and experiences in the FX market are unclear. The name of the parent company, history, contact details and physical location are also unknown. So, it is difficult to determine their reputation.
To get in touch with support, click on the “contact us” icon and you will be directed to a page that asks for your details and a brief description of your inquiry. The support team says it will answer you ASAP. There is also a live chat window on the official website that you can use to communicate with them.
The price for this robot is not indicated, something which we find very strange.
- Easy to use and install
- Works on all the major currency pairs, but the EURUSD and AUDUSD are highly recommended
- Provides a lifetime license
- A user manual is available
- There are free version updates
- Fully automated EA
- Runs on the MT4 platform
- Has an in-built account protection
- Provides up to 5 demo account activations
- Detailed EA statistics info panel
- Customer support is present
- Has a news filter
- Doesn’t trade on Fridays
- The recommended brokers include IC markers, FBS and FX Choice
- Opens many traders daily
- Can run on more than 1 chart
- The recommended deposit is $10,000
- Designed to work on all time frames
Killa Gorilla FX Master trading approach
This robot uses martingale and grid trading. These strategies are very dangerous and are similar to gambling. Even though they can make big profits quickly, the risk of crashing your account with one or more trades gone badly is very real.
To minimize drawdown and optimize profits, the vendor asserts that they have integrated spike protection, stop loss, trend protection, a news filter and other safety features. In other words, they are indirectly acknowledging that the EA’s trading strategies are very risky.
We could not help but note the great emphasis this team puts on testing the product before applying it on the live market. So, we expected to find some backtest data illustrating how their EA performed in the past. To our shock and disappointment, these statistics are unavailable. How do they expect traders to trust them if they cannot lead by example?
Killa Gorilla FX Master live trading results
Live trading results are also missing. This is highly suspicious. The vendor has spent a significant portion of their presentation hyping their product by reiterating how it can make huge profits for users. It would only be fair for them to provide concrete data to back up their assertions. However, this is not the case. It is highly likely that this system blew their live account and this is what they do not want us to see.
What are the risks with Killa Gorilla FX Master?
As mentioned earlier, this robot applies very risky trading strategies. For this reason, it may expose your account to:
- High drawdowns
- Huge losses
- Unreasonable risk-reward ratio
- Big spreads
- Quick margin decreases
Having this in mind, you can see that this trading system is not safe and you cannot rely on it to generate stable and steady profits as promised by the vendor.
There are a few mixed customer reviews for this EA on Forex Peace Army. One of the disgruntled clients indicates that the robot has terrible support services and his account was not activated. The other one says that the system wiped out his account.
What are the pros & cons of investing in Killa Gorilla FX Master?
|Fully automated||Live trading results and backtest data are missing|
|Customer support is provided||Applies very risky trading strategies|
|Lack of vendor transparency|
Clearly, you will not get value for money if you use this robot.
Killa Gorilla FX Master Conclusion
We cannot recommend Killa Gorilla FX Master. First and foremost, we have no tangible evidence that proves that the system is effective as purported. Secondly, the high-risk approach used can make traders suffer great losses that they will never recover. Lastly, since the developers are anonymous, we are not sure if they know what they are doing.