Euro Scalper Pro is advertised as a 100% automated Forex signal service that is easy to set up and earn cash with no experience necessary. There are both free and paid memberships available, and the system takes advantage of the copy trading software in order to automated Forex signals within your current MT4 platform. The team promises that the signals are available in all countries around the world.
According to the about us page, the developers of this service has over 40 years of experience in the Forex market. They don’t provide us with a location, or introduce us to who they are, but do promise to be “a trading company providing fund management and research to individuals, large corporations, portfolio managers and financial institutions worldwide.” This is all well and good, but it would certainly be beneficial if the developers actually gave us some sort of clue who they are, or some sort of proof that shows us that they truly have this experience in the marketplace. In order to get in touch with support, traders can email email@example.com or chat live via Facebook messenger.
Euro Scalper Pro Review
The sales page is barren, with little to no information about the Euro Scalper Pro service at all. The only information available, is either on the about us page, or in the frequently asked questions section, which is quite odd.
In the about us section, the developers discuss utilizing high-frequency trading methods and rigorous statistical analysis in order to provide viable opportunities. They feel one of their most important assets, is their ability to be contrarians and distance themselves from the rest of the crowd. They believe that working on the other side of the market gives them an edge over the best Forex signal providers that sit atop the market currently.
Outside of the high-frequency trading methodology, they don’t provide any specific analysis of their approach.
Copy Trade Scalping
When it comes to scalping, execution time is incredibly important. Our main concern with the Euro Scalper Pro is the fact that traders will need nearly instant execution in order to be successful with these signals. In looking at the results, you can see that the trades are aiming to pick up quick $3 wins. If you don’t have a perfect connection from your virtual private server to your brokerage, there is no way that you will be able to take advantage of these signals.
When it comes to scalping, copy trading isn’t the way to go about it. Scalping is perfect for automated Forex robots, because the system is on your computer, and there is no middle man. With copy trading, you have to wait for the signal to come from the developer to your platform which adds an extra step in drastically impact your trading results negatively.
- Type: Forex Signals
- Price: $197/month
- Strategy: Short Term Scalping
- Signal Frequency: 5-10 per day
- Pairs: EURUSD
The Euro Scalper Pro is being sold for $197 per month or a yearly payment of $1997, which accounts for a 15% discount off the normal price. The traders can also get access to the service for free if they open a live account through the vendor affiliate link with either XM or Pepperstone.
Despite being on the market for some time now, there is little to no real client feedback from the community.
In terms of trading results, the Euro Scalper Pro provides us with a longform trading statement that’s been running from December 2018, until today. The way that this system trades, comes across more like a Forex robot, than a human providing the signals.
The only real issue with these results, and it’s an important one, is that they are not uploaded to any statement sharing service. The vendor has total control over these results, so they are not as transparent or verify it anyway.
In order to be taken seriously, the vendor will have to upload these results to a Myfxbook account.
As this service stands now, we are finding it very difficult to recommend the Euro Scalper Pro to the Forex Robot Nation readers. While the about us page is impressive, the overall land of the website is very basic, and doesn’t include much detail about who they are and what type of experience they have trading Forex.
On top of that, the trading results are not verified and there is little to no client feedback as it stands. We will have to revisit this service in a few months to see if any of these aspects it changed, and until then we will be providing a recommendation.
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Euro Scalper Pro $197/month
Euro Scalper Pro is a copy-trading signal service built for the MT4 platform.
No verified results
Poor client feedback