Arbitron is a new Forex expert advisor promising to provide traders with “easy arbitrage trading.” The vendors me extremely aggressive claims telling the public that the software easily and repeatedly gained “over 21,000% profit month to month all with complete automation. When we see claims like these, the first thing we think is that this is a scam, which makes the start to this review much more skeptical than other products we’ve reviewed in recent times.
The creator of the software is LeapFX, a well-known developer in the Forex marketplace that is behind a multitude of different products and services. They’ve recently released the LeapFX Trading Academy, Star Trader EA, and Power Trader software. Many in the community believe they are releasing too many products, which makes it hard to believe they are providing ample support for each, but this isn’t a substantiated belief.
LeapFX was founded in 2012, and can be contacted for support via email@example.com.
Arbitron EA Review
The creators of the Arbitron EA believe that arbitrage trading is the perfect method for an automated trading program. They compare their trading approach to stock market insider trading except instead of trying to predict future market movement, there are actually trying to identify their the market will go based on the price feeds of competing brokerages. In order for an approach like this to work, the execution speed and latency generally have to be incredibly fast or else it won’t work.
The developers actually make note of many of the issues with arbitrage trading, and claim that they are all myths.
These are the reasons they’ve highlighted, and as far as we’re concerned some of them do hold weight:
- No speed delay between brokers
- Difficult to find fast price feeds
- Brokers don’t allow it
- It’s illegal
- MT4 isn’t suitable
The strategy behind the Arbitron EA is simple, but many developers have attempted arbitrage trading in the expert advisor arena and failed. The entire concept is that the robot uses a special software that compares a fast price feed the with a slow price feed broker, and then place very fast trades based on already knowing the future price.
Is a novel idea, but there is yet to be a best Forex robot that his use this strategy in the history of the markets. LeapFX feels they can be that outlier.
Unlike most arbitrage EA’s we’ve seen in the past, the Arbitron robot does provide images of their price feeding software, and also shows us how it looks specifically on the chart. This is definitely a positive aspect, because many product developers in the past have just promised this trading strategy, without actually following through with it.
- Type: Forex Robot
- Price: $799
- Strategy: Arbitrage
- Timeframe: M1
- Pairs: AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY
There are 2 ways for traders to purchase the Arbitron EA. There is a 3 month payment plan which costs $347 per month, or a one time payment of $799. All of these products come with lifetime licenses, the software, updates and support. This price point is really quite high compared to the rest of the marketplace, and $500 more than the number one rated product. You can see in our recent reviews of WinScalper, and Velocity Expert Advisor, that the average price point in this marketplace is much lower.
LeapFX provides us with 3 Arbitron robot Myfxbook accounts. All 3 of these accounts show ridiculous gains ranging from 300% to 11500%, but it’s very difficult to trust this information because almost every single time we’ve seen account like this in the past, the robot is unable to reproduce the results for actual clients. If these are actually truthful results, then this will be a must buy software, but we aren’t sure if they are.
One red flag is the fact that they are hiding just about every important aspect of the software. We have no access to their open trades, history, that’s trade, worst trade, lots, commissions, balance, equity, deposits, withdrawals and more.
We would really like to know why so much information is being hided? Is it because the developers are doing something shady? That’s really what we would like to know.
We really won’t be on board with the Arbitron EA until we see some real client trading accounts, and community feedback proving that the software works for average traders. Obviously, we prefer to avoid any sort of distrust, but with the results being provided here have to be skeptical for the sake of the Forex robot nation readers.
If you have anything you would like to add to the review, please leave your questions and remarks below the article now.
Arbitron EA $799
- Client Feedback
- Customer Support
Arbitron EA is a Forex robot that relies on incredibly fast trading conditions to be successful.
A new approach to arbitrage Provides price feed bot
High price tag Shady looking results