Promax Gold EA Review
Today we are going to do Promax Gold EA Review to get its deep insight. Promax Gold EA is a recently released Expert Advisor that looks to compete with some of the industry’s big guns. However, while they have a lot of positive signals for a new EA, they still have a long way to go to get somewhere near the top. Read this Promax Gold EA Review to see what experts have to say about it.
Let’s quickly dive into the review to see if Promax Gold EA will make our Best Forex Indicator page or not.
What is Promax Gold EA?
The Promax Gold EA is a newly introduced fully automated gold trading robot with a Smart News Filter that allows it to interpret both technological and fundamental news. According to the company, this robot can increase monthly earnings by 20% to 48%. It immediately opens and closes trades, and after you run it, you won’t have to do anything else.
Promax EA only functions on Metatrader4 with the XAUUSD pair. It has an internal environment that is designed to monitor the economy, as well as fundamental news, and gather all market data to position trades. The robot has the right default settings as well as a 14-day money-back guarantee.
Let’s dive into details of the Promax Gold EA Review!
Promax Gold EA Features
This section of the Promax Gold EA Review will cover all the important features of this robot. So here they are:
- Can analyses technical and fundamental news
- Fully Automated – Hands Off Trading
- Auto money management and lot selection
- Just for XAUUSD pair on Metatrader4
- The best setting is offered as a default
- Complete setup guide
- 1 Demo 1 Live account
- Open and Close trades in benefit instantly
- Onetime payment for Free updates
Promax Gold EA Trading Strategies
This part of the Promax Gold EA Review will cover all the trading strategies on which this robot works on. Promax Gold EA only functions on Metatrader4 with the XAUUSD pair. It has an internal environment that is designed to monitor the economy, as well as fundamental news, and gather all market data to position trades.
It is built and optimized to trade only if the accuracy is greater than 88 percent, and if the trades go into a loss, it can use a smart grid to close them in breakeven without losing money. Buy and try it on a demo account to get a better understanding of how well it works; it has a 14-day full refund guarantee, so you can test it without risk.
What are the requirements to use this EA?
Setup takes just 5 minutes, the settings are already programmed in EA, and all you have to do now is run it.
- ECN or Standard account form in Metatrader4 demo or live account.
- A balance of at least 1000 USD in the account
- After placing your order, download the zip file and unzip it.
- Drag and drop the expert file into your mt4’s expert folder.
- Open a XAUUSD chart in MT4 and set the timer to 5 minutes, then add the EA file to the chart and get the warning error.
- Send 1 Demo or 1 Live MT4 account number to Support@myeaacademy.com and request that they be enabled.
People, who work behind this EA?
In this portion of the Promax Gold EA Review, we will discuss the team that brings this robot to market. So, My Ea Academy, a trading name under the business of SINRY ADVICE WORLDWIDE, has unveiled this fully autonomous robot. My Ea Academy is well-known in Trading educational software and claims to be here to deliver the latest trading experience for clients all over the world. Their customer service staff is available Monday through Friday to assist clients and tries to respond to all inquiries within 24 hours.
Sinry Advice is a community of developers who have launched several forex software since its inception in 2020. They haven’t revealed their location or who is behind the corporation. Nonetheless, it’s impossible to keep questioning them.
This part of the Promax Gold EA Review will highlight the prices and packages available for this robot. You can save 202 USD because there is a sale on this robot right now.
- Onetime payment with Free updates
- 14 days money-back guarantee
- Metatrader4 demo or live account – ECN or Standard account type.
- Standard Prize: 390 USD
- After discount: 188 USD
There is a number of payment option for traders such as visa or master card, PayPal, and E-wallets. You can also use cryptocurrencies for payment.
In this portion of the Promax Gold EA Review, we will provide you the reviews of clients about this robot. Customer feedback is an important method for determining whether or not an item is worthwhile. These are the right people to pay attention to. On their webpage, My ea Academy has several testimonials. All of them are, as expected, positive. Customers report that the robot is doing well for them and that they are pleased with My ea Academy’s services.
Unfortunately, we cannot rely on such consumer feedback. To sell a product, a company will pay people to write favorable reviews. Furthermore, even honest feedback can be cherry-picked to entice users to use the website. This is a brand-new device that has yet to gain popularity. As a result, we are unable to draw any conclusions from consumer feedback at this time.
Promax Gold EA: Pros and Cons
In this part of the Promax Gold EA Review, we will summarize all the good and bad points about this robot.
- 14 days money refund policy
- Demo account Available
- Fully-automated robot
- Best settings will be provided in default.
- Verified Live Trading Results on MyFXBook
- Can be expensive for some traders
- Only for XAUUSD pair on Metatrader4
- The vendor firm is young and has yet to prove itself.
- They owe consumers a lot of business history information.
Conclusion Promax Gold EA Review
Finally, we reach the end of this Promax Gold EA Review. After analyzing the setting and features of this robot we can say that it comes with amazing features like easy to use setup, availability of demo account, refund policy, and verified results with few downsides such as cost which can high for beginners and minimum variety of currency pair which can be doubtful.
So if you are interested to get your hand on this robot then don’t forget to try this in Demo Account to see how things work in your case!