The Fund Trader is a fully automated system with verified live records and a 30-day money-back guarantee. The algorithm comes with the best recommendations and free updates from the author after purchasing. It is possible to use it on multiple instruments without averaging or lot multiplications.
Gordon Francis is the product author who used to work in a prop firm in London. The dev put all his experience in developing a firm algorithm and then presented it to the general community for mutual benefit.
The Fund Trader features
Leap FX details all the information about the product on their website. They list out the major features as follows:
- The robot comes with full support from the authors. They have pre-optimized the EA to get the best set file and are ready to share it with each purchase.
- The algorithm is fully automated and beginner-friendly. Traders only have to attach it to the charts to start trading. The EA handles all the risk management.
While comparing it with other products in the market, we see that it has better transparency on the performance records and developers. The semi-automated approach helps to keep the drawdown on the lower end while increasing the profits.
The three-month membership comes at an asking price of $297, while a yearly subscription will cost you $597. The developers are keen to provide a 30-day money-back guarantee if the product is not up to their satisfaction.
How it works
Traders can install the product within their MT4 platform and attach it to the charts to start trading. The algorithm will scan the markets depending on the coded information and manage the open trades from the developer.
The algorithm can trade on 18 currency pairs and gold without the use of a martingale or grid. After the developer opens a position using the fundamental and technical analysis, the robot monitors it to exit at the best condition. From Myfxbook records, we can observe the use of swing trading as the average trade duration hangs at 4 days. The total winning rate of the strategy is 86%, and the executions are closed only when they are in profit.
The verified result is available on Myfxbook, which shows the performance statistics from April 28, 2021. The algorithm had an average monthly gain of 11.91%. There were 111 executions, with the best trade of $1570.72 and the worst of -$1513.71.
Other important factors to know about the system are as follows:
- Profit factor and winning ratio
The profit factor was high–7. The system trades with a winning rate of 86%. Out of the total wins, 80% of the executions were long, while 91% were short.
- Pips and lots
The semi-automated trading bagged 3478.5 pips while trading a total of 69.83 lots.
Customer reviews on the Forex Peace Army platform give the company a total of 3.152 stars for 16 reviews. One of the traders addresses the doubts regarding support and refund options at the company. The trader recommends the company as the customer support is fast and the 30-day money-back guarantee is available.