Eosforexea.com Review: this is the name of a Forex Expert Advisor vendor that gives trading solution. Is EOS Forex EA a scam or legit Forex vendor?
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What Are Forex Signals or Indicators?
Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.
Traders are provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs are sold by indicator vendors.
Also called Empire of scalping, this vendor claims to be the best automated forex trading solution. They also mention that they will consistently increase your Forex account. It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
A brief summary of the benefits to be enjoyed by traders as mentioned on the page is:
Great Expert Advisor
Easy to Customize
How EOS Forex EA Works
Majority of the information on the website are claims without any in-depth information on how it works. From the name, Empire of Scalping, we can guess the robot uses a scalping trading strategy. We are not told what makes it unique among the many scalping EAs available in the market. The grammar errors also make it difficult to get much information from the page.
The vendors mention that the company, EOS Forex specializes in custom indicators, advanced trading scripts, libraries and other EAs for the MT4 platform. they also develop automated trading systems for traders based on their strategies.
Free updates, customer support and ease of use are also mentioned. Not much else is provided on the Expert Advisor which is not encouraging.
EOS Forex EA Pricing Structure
$399 – Single License
$599 – Full License
There is a 30-day money back guarantee and no monthly fees. Unlimited change of account number is offered. While the Single license gives 1 real account access the Full license gives 2. That is the only difference we found.
There are no client reviews available on third-party websites about the product. On the page we found some but this could as well be easily fabricated stories. We encourage vendors to prompt clients to give reviews about their robots.
Trading results of EOS Forex EA can be found on Myfxbook which is encouraging. The account has been trading since 2016 and shows a gain of more than 260% with a drawdown of under 23%. This result is impressive and is one of the good aspect of this Expert Advisor.
There is no means of contacting the vendor provided on the page, this is quite discouraging. Clients are entitled to get help from vendors.
EOS Forex EA provides and impressive result on Myfxbook which we find impressive. However, the page is not encouraging because the vendor seems to find it difficult to communicate in English. Further we do not find client reviews on third-party websites. Customer support is also missing with the pricing of the product being high.