Maxturboea.com Review: this is the name of a Forex robot or an Expert Advisor that is said to be able to auto-trade. We would try to find out if Maxturbo EA is a legit robot or another of the numerous scams around today.
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.
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.
How Maxturbo EA Works
It claims to be a powerful and fully automated Forex trading robot that works on all MT4 brokerage. The robot comes with many indicator sets that helps it detect when the market is in reverse. Since this condition gives extra pips, it is very handy to most traders.
We are informed that it uses brilliant strategies to acquire maximum profit while keeping losses at minimum. Traders without trading experience can also use it. The vendors mention that they believe that their success depends on the success of their clients.
The Maxturbo EA uses proven strategies that have been giving results for 7 years and they mention on the page that it is some sort of EA used by “legendary Forex traders”. Some of the benefits to be gained from using it are:
Ease of Use
High Gain, Low Risk
Highly Efficient Money Management
Work with Any Pair
Works with Any MT4 broker
This robot is said to not be sensitive to requotes, spreads, and swap. So, it allows traders use any broker that they prefer.
Maxturbo EA Pricing Structure
Standard – $299 1 Real account and 1 Demo account.
Premium – $450 3 Real account and 1 Demo account.
We do not find much by way of client reviews on third-party websites. This is a discouraging find as traders are more likely to opt for a product if there are positive reviews from clients who have used it.
Results are made available on MyFxBook which is encouraging. There are actually two verified accounts at this time but they have been trading for less than two months. It is not long enough to view this as a good thing and we would like to see the performance for a long period.
In order to contact the customer service or speak to the vendor directly, there is an online message request form made available for interested clients.
The price of the Maxturbo EA is quite competitive considering that they are both lifetime packages. There is not much on how the robot works and the explanation we got is a bit shallow. We are impressed with many of the features but we would like to see how the robot performs in the long run before giving it better ratings.