Prop Firm EA Review
Greeting! Welcome back to Our Best Forex Indicator Website. We are here with another interesting post that is Prop Firm EA Review. The newly launched EA has made the traders curious about its features, functionality, and strategies. So hole your belts tight because we are here to discuss all the necessary information about this EA.
So let’s get started!
Table of Contents
What is Prop Firm EA?
Prop Firm EA is a successfully built forex robot with a very low drawdown of 4.20 percent and a monthly profit range of 10 percent to 20 percent. Prop Firm EA is compatible with financing businesses such as FTMO, MY FOREX FUNDS, etc.
Companies create funding company tests to see whether you can maintain a particular percentage of drawdown while trading with a consistent profit margin. TIP: You can check other forex ea’s on our best ea forex page. After completing the challenge, you will typically be given an account with a funding limit of $200,000, and your revenues will be divided 50/50 between the business and the person.
The organization states that after a few months of testing, our Prop Firm EA was able to fulfill the funding firms’ criteria while clearing the challenge.
Let’s quickly cover the details of the Prop Firm EA Review!
Prop Firm EA Features
In this part of the Prop Firm EA Review, we got the basic features of this robot. Features include:
- News Filter – To prevent trading on large market event days
- Get a funded trading account up to $200,000
- Works on both personal and funding business accounts
- Smart internal indicators to evaluate the market before executing a trade
- Fully automated – 5 minutes to set up and the rest is taken care of
- Supports 25 trading pairs
- Low drawdown of less than 5%
- Completely non-Martingale strategy
- To prevent trading in a turbulent market, use spread control.
- Setup instructions in detail PDF
Prop Firm EA Trading Strategies
This portion of the Prop Firm EA Review will surely cover the trading plans of this robot. Prop firm EA’s trading method includes a top-bottom reverse trading technique, as well as a grid, internal smart indicator signals, and a news filter.
This EA is compatible with 25 pairs and includes four preset files:
- For challenges, there is a low drawdown.
- When faced with a challenge, go into aggressive mode.
- Personal accounts have a low drawdown.
- Personal accounts in aggressive mode
Trades on 2k, 5k, 10k, 50k, 100k, and 200k USD accounts
The 25 Pairs are:
USDCHF, AUDUSD, GBPCHF, AUDCHF, CADCHF, GBUSD, EURGBP, CADJPY, AUDJPY, NZDJPY, EURUSD, EURAUD, GBPJPY, CHFJPY, NZDUSD, USDJPY, EURCHF, AUDNZD, EURNZD, GBPCAD, USDCAD, EURJPY, AUDCAD, EURCAD, XAUUSD
You need to set lot size manually according to your fund: For each 2000 USD fund lot size is 0.01,
- 10k lot size: 0.05
- 50k lot size: 0.25
- 100K lot size: 0.5, etc.
To avoid open trading over the weekend, the EA for financing business is planned to close trades on Friday. For easy installation, EA includes a step-by-step user guide and video.
Team Behind this Robot
The Prop Firm EA Review will be incomplete without the discussion of the people who work behind this EA. This completely autonomous robot was introduced by My Ea Academy of SINRY ADVICE WORLDWIDE. My Ea Academy is a well-known trading educational technology firm that tries to give the most up-to-date trading experience to clients all around the world. Customers may reach out to their customer service professionals Monday through Friday, and they will do their best to respond within 24 hours.
Since its inception in the year 2020, Sinry Advice has released several currency units. Their identities, as well as the names of the corporation’s investors, have been kept concealed.
This portion of Prop Firm EA Review will cover the prices and packages available for this EA. So right now there are two packages available with different prices range:
1-Year License Key
- 14 days Money Back Guarantee
- Prize: 588 USD
6-Months License Key
- 14 days money-back guarantee
- Prize: 388 USD
Traders can make payments using Visa or Mastercard, PayPal, and e-wallets, among other options.
This section of the Prop Firm EA Review will focus on customer reviews on the Prop Firm EA. The customer experience is crucial when determining whether or not a product is valuable. But there are no reviews about this EA specifically yet, as this is a newly launched EA. So we have to wait for customer feedback on this EA.
Pros and Cons
This section of Prop Firm EA Review will be the conclusion of good and bad points about this EA.
- 14 days money back policy
- 25 pairs of currency to trade
- Fully Automatic
- Smart New Filter and indicators
- Full setup Guide Pdf
- Results verified by MyFXBook
- Complete FTMO Challenge
- Can be costly for beginners
- The creator company is new and there is a need for time to prove its presence
Conclusion Prop Firm EA Review
So here we have the end of this Prop Firm EA Review. After going through every single detail of this EA we can say that this EA launches with very innovative and new features like multiple currency trades, smart news filters, multiple strategies, verified results, and complete challenge by FTMO. But the things which make this EA open to question are their high cost for beginners and it is launched by the relatively new company.
So make sure that you must try it in Demo Account to see how it work for you!