Aurum EA promises a monthly return of a maximum of 100% with its effective robot. This expert advisor comprises fully automatic software that can help you achieve more than 50% profit every month. The ATS works 24/7 on multiple currency pairs. As per the vendor, it provides excellent diversification and high profitability due to its effective approach.
The FX EA is promoted by the Cashmaker company. The company provides automatic and manual trading tools via its online store. We could not find further info on the company such as its founding year, team members, location, and more. The lack of vendor transparency makes it difficult to assess the reliability of the product.
When choosing an FX robot, there are several factors you need to consider other than the vendor transparency such as the performance, strategy, support, etc. Analyzing the crucial factors in each system to choose the best is a daunting task. Fortunately, we have done all the hard work for you. Have a look at our list of the best FX robots. All you need to do is choose a suitable system from the selected few.
Aurum EA overview
After reviewing the FX EA, here are the main features we found that the vendor focuses on:
- The FX EA uses a capital protection method that involves the use of a protective SL on each deal.
- It does not use risky money management approaches like the Martingale strategy.
- You need just a few minutes to get started with the EA as it is easy to install and configure.
- A minimum capital of $100 is sufficient to start using this FX robot.
- As per the vendor the monthly profits you can generate with the FX EA ranges from 20% to 100%.
- The FX robot uses the trend approach for generating profits.
Two pricing packages are present for this FX EA. One is the Optimal package costing €249 which is a one-time payment. You get an unlimited license, a detailed user manual, and online support with the package. The second option is the Economy package, which provides only one account and costs €199. A money-back assurance of 14 days is provided by the vendor as per European standards. When compared to the market average we find the pricing is expensive.
How it works
This FX robot uses a stop loss method for every deal it makes. This helps in protecting your account from large losses. It identifies the accurate entries by following the trend and has a 98% success rate. Although it sounds good, the dev failed to provide any proof to back up his claims.
The FX EA works by constantly monitoring the trend direction and it trades only in the direction of the market movement. As per the vendor, it can produce minimal drawdowns. It identifies the best entries when there is a rollback against the trend. Due to this approach, every deal will have a greater potential for generating profits and a minimal percentage for potential losses. No backtests are provided by the vendor. Lack of this info prevents us from evaluating the system fully.
There are no verified real trading results for this FX EA provided. We prefer live results verified by sites like Myfxbook, FXBlue, FXStat, etc. as they reveal important info about the EA. We could know about details like the total gain, drawdown, risk-to-reward ratio, lot size, and more. The absence of verified results makes us suspect the reliability of the system.
Unfortunately, there are no user reviews for the FX EA on reputed third-party review sites such as Forexpeacearmy, Trustpilot, etc.
For support, the vendor provides an online contact form. As per the vendor info, the queries that customers send are answered during daytime hours of European time UTC+2. We could not find other forms of support such as an FAQ, guides, live chat feature, etc.