Today we are taking a closer look at the AirHopper Forex EA. This trading robot is advertised as an “easier and effective way to trade Forex.” They provide traders with 24 hour support, a 30 day money back guarantee and access to their robot for $149.
The robot is built on 5 principles. Reliability, trading history, support life, compatibility and user friendliness. We will review every single aspect and let you know if this is an EA that you should add to your Metatrader4 library. For updated Forex Robot testing go here.
AirHopper Forex EA Review
The sales page is really quite limited for the AirHopper Forex EA. While it seems like there is a lot of content, most of it just nibbles around the edges and doesn’t provide much information. They essentially repeat the same points over and over without ever providing real substance. This isn’t a total failure to communicate but it’s not the type of transparency we look for in an investment opportunity.
The trading strategy is not explained.
All we can really do is analyze the trading results and draw conclusions on our own.
- Type: Forex Robot
- Price: $149/Standard, $249 Extended, $499 Premium
- Strategy: Scalper
- Timeframe: N/A
- Pairs: AUDUSD, EURUSD, GBPUSD, USDCHF
The AirHopper EA developer trading results are hosted on FX Blue. We prefer Myfxbook because we’ve seen some totally flawed and bogus statements get onto FX Blue.
As of 2/23/2017 the account has been running for 45 days. It is providing a monthly return around 30% in this period with a 1.28% daily return. Each pair is winning in the 70% region, ranging from 70-79%. The software looks to scalp around 5-15 pips per trade and get out of the market after 15-30 minutes in prime conditions.
From what we can see in this FX Blue account the growth looks stable. This doesn’t mean that it will continue, as this is a small sample size, but it’s worth monitoring as we move forward. If they can string together 6-8 months of 30% return per month it would be quite impressive.
We also have to keep in mind that this is a vendor account, and it would be in our best interest to wait for real client trading results.
It’s been a while since any EA has gone over the 3 star rating and sadly the AirHopper EA is no different. We will be providing this development team with a 3 star rating until further notice. We will obviously be watching the software progress, hoping for continued growth. Until we can see some real client trading accounts to verify the legitimacy of this software we won’t be able to provide a recommendation.