Today I’m reviewing a new Forex robot with 2 different built in trading modes to meet the expectations of every type of trader in the Forex marketplace, FX Stabilizer. The expert advisor is built to trade automatically on a daily basis with the goal of earning a stable profit with a limited drawdown. They believe that reliability and durability are the most important aspects of their trading strategy, and they are always working toward achieving these goals as a company.
Started in 2015, this robot is owned and operated by the creators of the Forex Store. This company is behind many other expert advisors, including Forex Spectre, PowerfulForex and FX Charger just to name a few. The relationship between these products is not provided by the development team, but we’ve noticed that all of these websites are hosted on the same server, which makes the association obvious. There is no other information listed about this company, it’s location, or who the creators of the expert advisors are. In order to get in touch with support, traders can email via a contact form at the bottom of the website.
Contents
FX Stabilizer Review
The developers advertise the FX Stabilizer robot as a system that will do everything in its power to close trades in profit. There is talk of a “mechanism of absolute trading security” where the robot will only lose a portion of the traders deposit that the trader has specified as their risk level. Yet, there really isn’t any insight into this mechanism, or any other strategies the system is implementing. The only trade logic they provide, is the vague and unspecific.
The vendor claims that the software has a durable mode which is built for stable profits, and a Turbo mode which is built for riskier investments. Neither of these methods are explained in any detail, which means we really have no idea how this expert advisor is seeking out trade opportunities. This lack of information isn’t extremely rare in the Forex robot marketplace, but when dealing with systems that are exorbitantly priced like this one, the vendor should be doing a much better job at explaining their approach.
It is almost impossible to make the cut for the best Forex robot table, without being able to provide valuable methodological insight.
Breakdown
- Type: Forex Robot
- Price: $449-$639
- Strategy: Durable or Turbo
- Timeframe: Undisclosed
- Pairs: EURUSD, AUDUSD, EURJPY, USDJPY, USDCAD, CHFJPY, EURGBP, GBPCHF
The FX Stabilizer software is available in 2 different software packages. The Ultimate version, goes for $449, for a single license of the software that can be traded on 6 currency pairs. The Pro version of the software, goes for $639, comes with an extra license and can be traded on 8 currency pairs. The only real difference between these 2 packages, is the price, the extra license, and the fact that the Pro version can be traded on the EURGBP, and GBPCHF pairs.
Trading Results
The vendor provides both a handful of back tests, and Myfxbook accounts. While they claim that the software can be traded on many different pairs, the results focus on single pair trading accounts with the EURUSD and AUDUSD. All of these accounts are showing impressive gains ranging from 60%-1600% over the course of a few years. None of the accounts show a single losing month, and the risk reward ratio is pretty solid as well with the average win coming in at 30 pips, and the average loss coming in at just over 40 pips.
At first glance, these accounts are nearly perfect. They’ve been running for years, all have low drawdowns, and show stable profits. Yet, despite being on the market for quite some time, The FX Stabilizer has never been able to accrue much popularity.
It’s also quite apparent that the community has had trouble reproducing the same sort of results shown on the vendor website.
Client Feedback
With such incredible the vendor results, is odd that there are very few clients, and the clients that have purchased the software aren’t leaving any positive feedback. On FPA, their performance test blew the account in 135 weeks, and the last three reviews are all negative.
These reviews are also from 2016, so the system isn’t generating much publicity.
Conclusion
While the vendor results show that the FX Stabilizer EA is very profitable, the community results don’t. Either the vendor is running some sort of different strategy, or manually intervening with the automated robot they are selling in order to keep it profitable over the long term. Either way, it doesn’t seem possible to reproduce the same results as the vendor, which makes the software difficult to trust.
If you have anything else you would like to add to the review, leave your questions and remarks below the article now.
FX Stabilizer $449-$639
- Price - 20%20%
- Strategy - 20%20%
- Trading Results - 70%70%
- Client Feedback - 30%30%
- Customer Support - 75%75%
Pros
Lots of backtests
Myfxbook accounts
Professional
Cons
Results can’t be reproduced
Negative client feedback
Not popular
No strategy insight
I signed up for this a while ago.
Tanked my account in 2 months.
I was stupid and went live right away. I never do that anymore, and I don’t think anyone should use this robot. Very risky.