SIGNALS

QuivoFX EA Review: Is This A Legit Or Scam Signal Service?

QuivoFX.com Review: this is the website of a Forex Expert Advisor or EA that is created by the Yannick Deubel. Is buying this signal worth it? Read our review to see what experts have to say about the Forex trading software.

What Are Forex EAs, 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 also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions.

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.

QuivoFX EA Review

When we accessed the EA’s website, Quivofx.com, we found that it has a professional feel. The platform is tidy and Yannick Deubel seems to know what they are doing. Besides providing expert advisors, Quivo FX also has indicators, forums and schools.

QuivoFX legit or scam EA

It claims to be a security-conscious company and its EA can trade automatically. The website boasts, ‘Let your Expert Advisor handle your account while you are asleep so that you never miss a trading opportunity.’

QuivoFX is based in Biel/Bienne, Switzerland.

How QuivoFX Works

QuivoFX has many EAs and it allows traders to test them for free on demo accounts and then you can purchase them to run tests on live accounts. It has one EA, the Expert Advisor Starter Pack.

This provides 13 of the most popular EAs and indicators in one package. What it does is use automated variations of free indicators that come with the MetaTrader 4 platform. Each of the EAs that QuivoFX offers has a specific strategy. They also come with illustrations and patterns that the Autotrader uses to trade.

QuivoFX legit or scam EA price

Quivo FX EAs trade on all major pairs and different timeframes like; M1, M5, M15, M30, H1.

QuivoFX EA Price

QuivoFX has EAs that are as cheap as $29 and some are as expensive as $149. Traders can purchase basic, advanced or pro versions of the trading robots. The major difference is that the advanced versions have full money management, a full inverse strategy, trailing stop, break even and a spread filter.

Meanwhile, the pro versions contain all parameters found in the advanced versions. They also offer martingale strategies, candle trail, ATR trail, day/time filter and a trade direction.

Client Feedback

As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.

We could not find customer reviews about QuivoFX on third-party websites. Additionally, QuivoFX does not provide trading results, at least, we could not find a link to any on its website. Without any sort of trading result, it is difficult to tell if this signal service actually works or not.

Support

To get in touch with the vendor and find out more about its EA and other products, use the FAQ section on its website or fill the message request form.

Conclusion

While QuivoFX does not tick many of our boxes when it comes to legit Forex trading signals, we find its trading strategy transparency encouraging. The fact that trading results are missing is also not a good sign for us and we cannot recommend this vendor.

DO YOU KNOW!! Most Autotrading softwares, EAs or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, you can check out our recommended forex trading signals/EA and robots

QuivoFX

3.2

PRICE

5.0/10

STRATEGY

6.0/10

TRADING RESULTS

1.0/10

CLIENT REVIEW

1.0/10

CUSTOMER SUPPORT

3.0/10

Pros

  • Solid trading strategy
  • Affordable pricing
  • Professional website

Cons

  • No trading results
  • Poor customer support
  • No client reviews
Summary
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