The main page asks us for our email to allow us to read a presentation. They want us to share our email for their “no-spam” spam.
The presentation is insanely wordy and includes almost no useful information. Several weeks ago, there was a real account with shiny results connected to the presentation. It looks like it was blown and removed. Now, we have only a useless presentation because there is not even a backtest report published. The main statement we can see is “Verified 29,000% Profit Brokerage Statement & Invites You To Copy His Trades In Your Account So You Too Can Enjoy His Future High-Yield Returns!”
Is Investing in The Fund Trader a Good Decision?
No, the system is a scam. We have to avoid it until the trading results come back, and we will see that for the next half a year the robot is stable.
Company Profile
The company has strict rules for every new robot designer. So, there should be published only solid robots. Alas, this one is not one of them.
Main Features
We tried our best to remove the endless wording keeping only the important information:
- The advisor works automatically on the MT4 for us.
- The main symbols are eight ones and Gold.
- The developers didn’t disclose what time frames the system can work.
- The developers insisted that there should be a Grid or Martingale applied.
- The advisor doesn’t require us to have trading experience.
- There’s a refund policy provided.
- The system makes stress-free profits.
- LeapFX insisted that there can be only 100 clients of this system.
Price
The offer is split as usual for LeapFX. The first pack is a three months subscription for $297. The annual rent costs $597. There’s no lifetime license provided.
Both packages include The Fund Trader Auto Software, free updates, customer support, best recommendations, and a 30-day money-back guarantee.
Trading Results
It’s an on-site screenshot.
It’s how the trading results looked several weeks ago. Now, the system is removed from Myfxbook. The robot worked on a real USD account on the MultiBank broker. The leverage was set at 1:100 only. The account was created on July 27, 2016. It was deposited at $39,542 and withdrawn at $99,003. The absolute gain was 105,840.01%.
The advisor closed 733 deals with 37,403.7 pips traded. An average win was 77.44 pips when an average loss was -78.69 pips. The win rate was 84% (367/435) for Longs and 81% (242/298) for Shorts. An average trade length was 5 hours and 42 minutes. The profit factor was 4.59.
The robot worked with various currency pairs. The most traded currency pair was CHF/JPY, with 106 deals. The most profitable was Gold, with $62,604.
The robot executed deals urging the European trading hours.
Friday and Monday were the less traded days.
It works with medium risks to the balance.
The system uses various lot sizes for different currency pairs.
The system was set to trade at high risk in March 2021.
People Feedback
There’s a LeapFX page on Forex Peace Army with a 2.944 rate based on fourteen reviews.
The last comments are negative.
Summing Up
- Strategy – score (2/10)
- Functionality & Features – score (2/10)
- Trading Results – score (2/10)
- Reliability – score (2/10)
- Pricing – score (2/10)
Conclusion
The Fund Trader is a just-released robot that trades with high risks during the last several months of its trading activities. As a result, something went wrong, and its trading results were removed from Myfxbook. It’s unprofessional to keep selling the robot after the account with it was stopped.
