Brand-new automated Forex robot is promising a realistic 20%+ gain on a monthly basis, XXL Forex Real Profit. The sales page looks like something out of the year 2005, which is likely the reason why the developers slipped 2017 into their main header graphic.
They are located at Jozsef Attila u. 25. Nagyborzsony, Hungary. If you require any assistance with the EA, you can contact support via email@example.com.
XXL Forex Real Profit Review
The creator of the XXL Forex Real Profit, Tibor Nagy, gives us very little to go on. There is no real explanation of the software, or the strategy. It’s essentially along the lines of a take it or leave it type of sales page. On the left-hand side of the page there are a bunch of recommended brokerages, XM, IC Markets, FBS and Fort Financial Services. At first, I was unsure what this website was even promoting.
With all this lack of information, I’ve had to do a little digging of my own and find out more about Tibor Nagy and his approach to the Forex marketplace.
- Type: Forex Robot
- Price: $129
- Strategy: Scalper
- Timeframe: Any
- Pairs: AUDUSD, EURUSD, GBPUSD, USDCHF
Since there isn’t any information on the XXL Forex Real Profit EA, I’ll talk more about the developer, Tibor Nagy. Nagy is the owner of quite a few websites, all in the Forex market.
- FX Shutter Stock
- King FX Cash
There are quite a few more trading websites, but I figured this is enough to give you the just. Clearly, Tibor has a strong presence in this market and has both authority websites and Forex robots. There is nothing wrong with his way of doing business, but the more we know, the better off we are.
Tibor is currently providing us with one FXBlue account to show us how the XXL Forex Real Profit system is trading. The account has been running for approximately 2 months and is showing a total return of 81% and a monthly return of nearly 40%. For monitoring the size of the trades, and the length of the trades, the system appears to be a scalper.
While the developers tell us that the software works on any time frame, I’m assuming that means that it defaults automatically to M1 or M5 regardless of the periodicity that you choose. The EA win trades are anywhere from 6 pips to 36 pips, and the losses from anywhere between 11 pips and 162 pips. The 162 pip loss was a one time event, so this is likely not part of the strategy, or a regular occurrence that they are willing to let trades drift so far. Obviously that is an assumption, but one that looks pretty safe from what we’ve seen since that trade took place.
I don’t really have a clear point of view on the XXL Forex Real Profit robot just yet. Certainly, the results are impressive and the developer Tibor Nagy has a lot of influence in the Forex market, so the system has a lot of backing. Yet, a 55 day account is still a little too short for me to get my feet into the water. I think that our best bet here is to gather real client comments and analyze how the software performs on their personal accounts.
Thank you for stopping by, and please feel free to comment or email on anything Forex Robot Nation related.