We’d like to tell you about an FX Fortnite robot. The developers noticed that the EA is a fully-automated MT4 robot.
Is Investing in FX Fortnite a Good Decision?
We’re not sure because some of the backtests showed huge loss periods.
Company Profile
The company has three sites: FX Fortnite, Forex Enigma, and Forex Gump.
As an example, it’s trading results from the company’s page on Forex Peace Army. As we can see, the developers don’t hurry to fix the EA’s performance. The company has a lack of transparency because it could unite all these products under a single brand.
Main Features
- The robot trades fully-automatically on the MT4 platform.
- It trades Trend and Hedge strategies.
- There are three types of risk: Conservative, Medium, and Aggressive.
- It works with EUR/CHF on the H1 time frame.
- We’re free to pick any broker we want.
- The minimum deposit should be $1000.
- The leverage should be 1:100 or higher to make more profits.
- Indicators analyze the market’s divergences and convergences.
- The developers provide 24/7 welcome support.
- They suggest we use IC Markets to allow the EA to execute well.
Price
There are three packages: Bronze, Gold, and Platinum. The Bronze pack costs $149 and includes one real and one demo account. The Gold package costs $199 and is featured by two real and two demo accounts. The ultimate pack – Platinum package costs $249. There are three real and three demo accounts.
The vendor didn’t provide us with a money-back guarantee.
Trading Results
We’ve got a EUR/CHF backtest on the H1 time frame. The modeling quality was 90.00%. The spreads are 2 pips. An initial deposit was $1000. The total net profit has become $531. The Profit Factor was 2.01. The maximum drawdown was 19.49%. The robot closed 614 deals with a 61% win rate for Shorts and 67% for Longs.
We’ve got a real USD account that was created on September 12, 2020, and funded twice at $1000 in total. The margin level is high and equals 4064.9%.
The EA works only EUR/CHF. The total return is +224.6%. The monthly gain is +29.7%. The maximum drawdown was little. An average win-rate is 73.9%. The Profit Factor is 2.55. The average trade length is high and equals 3.8 days. The trading frequency is so high – almost 12 deals daily.
FX Fortnite trades BUY and SELL directions equally by the number of open deals – 784 and 787 and the Profit Factors – 2.76 and 2.41
The EA uses a single strategy on the account.
Monday (363 deals) and Wednesday (350 deals) are the most traded days. The most profitable day is Wednesday at $382.
The EA focuses on trading mostly during the European trading session.
As we can see, monthly profits went from 40%-49% to 13%-15%.
For the last three weeks, the profitability (%) has increased in times from 1.1%-1.3% to 2.9%-6.6%.
Customer feedback
The company has created a page on the Forex Peace Army and connected their real USD account to it. There’s no other page on Google or Trustpilot.
Summing Up
- Strategy – score (5/10)
- Functionality & Features – score (6/10)
- Trading Results – score (7/10)
- Reliability – score (6/10)
- Pricing – score (8/10)
Conclusion
FX Fortnite is a quite young robot that performs trend and hedging strategies trading EUR/CHF on the H1 time frame. The presentation looks short, with a lack of information like settings, feedback, money-back guarantee, and so on. Trading results showed that profitability could vary in times, depending on the week. It means the EA can’t find good trading conditions consistently. The best decision would be to keep tracking its trading results for at least several months.
