Is Euro Hedge reliable for your trading account? Should you buy this EA for a better trading experience? Read this review to find out if this forex robot is worth your money or not.
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About Euro Hedge
Euro Hedge is a forex robot available on MQL5 website. The creator of this product is Sugianto from Indonesia. He claims more than six years experience.
According to the vendor, the EA recognizes a combination of hedging, averaging, pyramiding, lot martingale and anti-martingale strategies.
Price of the EA is sold $349 with rental options of $99 (a month), $199 ( for 3 Months) as well as free demo.
Euro Hedge claims to give advantage in the financial market with its expert strategies. Here, the EA offers forex traders minimum wave for entry and maximum wave for stop entry position.
Euro Hedge: Reasons to Avoid This EA
Euro Hedge is a forex robot that fails to pay attention to details. The sale pitch of this EA shows some transparency issues of the product.
The EA 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.
The customers’ feedbacks are pretty worrisome. There are only two customer reviews for the product of which they all sound too good to be true. This is not enough to boost the trust that the EA can deliver as it claims.
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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
Euro Hedge Trading Strategy
Euro Hedge uses hedging, averaging, pyramiding, lot martingale and anti-martingale strategies . The EA recommends that forex traders use the strategy on currency pairs like EURUSD, GBPUSD, XAUUSD.
Euro Hedge Trading Results
According to the demo result of the EA on MQL5, the account traded on a deposit of $5,000 with an average monthly gain of 1.24% and drawdown of 0.5%. The winning rate was 58.30% and a profit factor of 1.40.
Also, the account closed 283 trades with an average win of $28.64 and an average loss of -$18.91.
Conclusion: Is Euro Hedge a Reliable Forex Robot?
Euro Hedge does not seem like a reliable forex robot for traders even though it promises offers that look good to be true.
The lack of details on important insights is a turn off. EA like this one should provide enough information for traders to have some level of trust.
Not guaranteeing forex traders a refund for their money if the EA does not prove trustworthy as it claims is a con.
It is our duty to review forex robot and also share reasons. For now, we do not recommend this EA for trading.
Kindly share your comment about this broker in the comment section.