Is Champion FX reliable for your trading account? Should you buy this system for a better trading experience? Read this review to find out if this forex robot is worth your money or not.

About Champion FX

Champion FX is a forex robot available on MQL5 website. The system is developed by Evgenii Alseniv from Russia. It is an automatic trading robot that opens and closes orders.

According to the vendor, the product can be purchased at the rate of $1,250 with no rental option available.

Price

Champion FX claims to give advantage in the financial market with its expert strategy. Here, “the system uses drawdown reduce function and time filter to safe and profitable trading”.

Champion FX: Reasons to Avoid this Expert Advisor

Firstly, Champion FX is a forex robot that fails to pay attention to details. The sale pitch of this Expert Advisor shows some transparency issues with the product.

Secondly, the system has no cash back for the product. There is no guarantee that your money will be refunded if the product does not work as it is claimed to be.

More so, the customers’ feedback is pretty worrisome. There are many customer reviews on MQL5 where the product is sold of which they all sound too good to be true.

EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below



Accounts

Free Trial

Projects

SSL

2

Strategy: Scalping

Time Frame: M1, M5, M15 and M30

Currency Pairs: All Pairs

License fee: $147

30 Day Money-back Guarantee

1

Strategy: Stop and Reverse

Time Frame: All time frames

Currency Pairs: EUR/USD, EUR/GBP and USD/CHF

License fee: $149

60 Day Money-back Guarantee

3

Strategy: Scalping

Time Frame: M1, M5, M15

Currency Pairs: All Pairs

License fee: $147

30 Day Money-back Guarantee

WordPress Pricing Table Plugin

Champion FX Trading Strategy

Champion FX works with trend or price action strategies. 

The system operates on AUDCAD, NZDCAD, EURCAD, GBPCAD, and AUDNZD currency pairs with a timeframe of H1.

Champion FX Trading Results

The vendor failed to provide backtesting results for us to be able to estimate the system’s potential profits and losses based on past performance data.

From the real account of $10,000 deposit, the maximum drawdown is 40.7% while the win rate is 79.5%.

Conclusion: Is Champion FX a Reliable Forex Robot?

Champion FX does not seem like a reliable forex robot for traders even though it promises offers that look good to be true.

More so, not guaranteeing forex traders a refund for their money if the system does not prove trustworthy as it claims is a con.

Because this EA does not consider it necessary to provide information, we do not recommend this forex robot for trading.

Kindly share your comment about this broker in the comment section.

0 0 votes
Article Rating

By Dan

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
error: Content is protected !!