Break Free Trading is an EA owned by Anton Kann and Asger Emborg, EAs are created to assist and guide traders navigate the perilous journey of trading. We aim to check if buying Breakfree EA is worth it. Read through our review to see what experts have to say about the break free EA.
Table of Contents
What Are Forex EAs, Signals or Indicators?
An expert advisor (EA) is software that directs and guide you on what trades to make or pass on, it even automatically initiates and carries out trades according to a set of already programmed instructions. Expert advisors are most often deployed on the MT4 or MT5 forex trading platforms.
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We cannot overstate the advantages and usefulness of Expert advisor. Among the many advantages is the slight learning curve involved in using the Expert Advisor. That is to say, you need little learning to use an EA as the trades are being carried out by a set of instructions already made by an expert. Another advantage is that it can consider a lot of variables that humans may not have the time or potential to handle.
It is normal and not out of character for a Forex EA vendor or signal providers to lay claims to their product being a sure-fire way for you to get richer (it’s mostly just marketing.). This is because anyone who is looking for a signal provider is searching for a hassle-free way to make some profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
Breakfree Trading EA Review
The sales page of Break free Robot claims that the EA will handpick the best trades for you everyday.
BreakfreeTrading is an EA based in Singapore created by Anton Kann and Asger Emborg. The website has an introductory video that cover some details on the website.
This video does not give any idea of fhe expertise of the team behind this EA, the sales page claims that their trading software is the new and simply method of conquering the market.
How Break free EA Works
In this section, we cover the strategy and methodology the EA works. We also take a look at the trade result if any is provided. For the trade results we hold results that are posted on myfxbook to be standard but we also consider fxblue and other alternatives.
This EA works on the MT4 Platform, it works on multiple currency pairs
Breakfree doesn’t provide an in-depth explanation or insight as to how their strategy works. The sales page claims that the algorithm behind this Expert A advisor processes and decodes market structure in real time. The sales page also claims that Breakfree EA tracks trades and filters out the unprofitable ones.
Break free EA Price
Their online store sells 2 plans of trading tools called Discovery plan which is priced at $69/month and Pro plan which is priced at $199/month.
Client Support
There is a contact form om the website for any complain or enquiries.
Client Feedback
Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA. We mostly consider feedback a third-party site as we have found that reviews on the official page might be manipulated, concocted or paid for.
We couldn’t find enough reviews by paying customers to come a decisive conclusion about this particular EA.
Conclusion
After going through all aspects of this EA, we are not satisfied with gaps between what it promises and what it delivers especially when considering the price range.
This EA although not on the expensive side, is a bit vague about its trading strategy and the trading results don’t seem to back up all their claims. Hence we won’t be recommending the use today as we aren’t sure of its efficiency.
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