EA Review: Frarelin Forex Robot

Today I’m looking at a new automated trading tool that’s built to help traders take advantage of large market movements, Frarelin Forex Robot. The creators of this software wanted to put together a system “that helps entrench your place in the world of success.” They claim to be one of the best-kept secrets in the Forex expert advisor community, but now want to share their system with the trading community.

There is no information on the developers of this robot, nor is there an address or phone number to contact. If you need to get in touch with their support team, you can email support@frarelinforexrobot.com.

Frarelin Forex Robot Review

The developers of the Frarelin Forex Robot tell us that only 4% of the traders in the Forex market are finding profit on a daily basis. They believe that they have a tool that can increase this number, and provide daily success for average traders. When it comes to the actual strategy of the system, it is not discussed. Instead, the sales page reiterates a few simple points, that it’s easy to use and that it provides traders with “the master key to unlock anything that is holding you back from making the right deals.”

There’s a few features they highlight on their website. We are shown that they have verified real account performance, 24/7 support and a 30 day money back guarantee.

Breakdown

• Type: Forex Robot
• Price: $99
• Strategy: Undisclosed
• Timeframe: M30
• Pairs: EURUSD, GBPUSD

There are 2 plans available, the basic plan and the premium plan. The basic plan goes for $99, and the premium plan goes for $169. The only difference between these plans is that the premium plan offers one additional live and demo account license.

Trading Results

The Frarelin Forex Robot trading account is hosted with FX blue. Personally, I prefer my FX book because they display the results in a much more professional manner.

We can see that the system is showing a 2.5% weekly return, and 11.1% monthly return over its 56 day testing period. During this time, the software has averaged 2.2 trades per day with the average trade length at 4.3 hours. The average win is showing a return around 11 pips and the average loss is around 21 pips.

This type of risk to reward ratio leads me to believe that this is likely a scalping system. None of the trades run for too long, and with most pips being right at the 10 PIP Mark, it looks like a scalper to me.

I like what I see from these results so far, but I would like to see a longer sample size before I make up my mind on the viability of the software.

Conclusion

At this point in time I’m going to remain on the fence. It would’ve been much easier for me to jump in and provide a recommendation for the Frarelin Forex Robot if there was actual information on their trading strategy. Yet, this is not available so it’s our best course of action to monitor the robot and see how it performs over time. It will also be very important to see how the community reacts to the system, because as of right now there is no client feedback.

If you are client and you would like to leave some feedback, please do so now by leaving a comment below the article.

Official Site