Is Hippo Trader Pro 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.
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About Hippo Trader Pro
Prop Firm EA is a forex robot available on MQL5 website. The developer of the EA is Michela Russo.
According to the vendor, the system offers free copy of another advisor for free. Also, the purchased price for the EA is $299 and rental options for $199 (1 Month) and $269 (3 Months).
Hippo Trader Pro claims to give advantage in the financial market with its expert strategy. Here, the system uses volatility (ATR Filter) to enter markets and trend Patterns to predict the likely future trend.
Hippo Trader Pro: Reasons to Avoid this EA
Firstly, Hippo Trader Pro is a forex robot that fails to pay attention to details. The sale pitch of this EA shows some transparency issues of 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 for the product of which they are sounded to good to be true. It is just a way to lure more customers.
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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
Hippo Trader Pro Trading Strategy
Hippo Trader Pro uses trend strategy when entering markets.
Also, the system operates on EUR/USD currency pair.
As for the time frame, it is recommended 1H.
Hippo Trader Pro Trading Results
According to the USD Real account of Hippo Trader Pro 10k on Myfxbook, the account traded on a deposit of €10,000 with an average monthly gain of 6.51% and drawdown of 26.28%.
Also, the account closed 114 trades with an average win of 19.21 pips and an average loss of -25.41 pips.
Conclusion: Is Hippo Trader Pro a Reliable Forex Robot?
Hippo Trader Pro 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 is still very much new, we do not recommend this forex robot for trading.
Kindly share your comment about this broker in the comment section.
