XXL Forex Real Profit is an expert advisor that has a brief presentation that tells us almost nothing about strategies and robot’s features. The presentation includes a link on a Myfxbook account that was removed several months ago. The main claim informs us about “Earn money online Forex automated trading.” Let’s check it out.
The offer doesn’t look promising. We can subscribe for the system for $80 monthly. There’s no possibility to purchase the robot at all. The developer claimed that there’s no money-back guarantee. We can pay only via PayPal. It does not provide refunds of digital goods.
Is XXL Forex Real Profit good?
The system has to provide us with solid trading results to convince us that it’s a good system to rely on.
Features of XXL Forex Real Profit
We have systemized all information that we could find about settings, details, features, and other parameters.
- The system was designed to help its owner to work on the real or demo account automatically.
- We can do whatever we want instead of trading.
- The real account that was listed on Myfxbook was removed.
- It’s an easy to use trading advisor.
- We should attach the system to a chart.
- We can work with standard, mini accounts, micro, and ECN types of accounts.
- The advisor seeks for trading opportunities 24/7.
- It doesn’t use a Grid with Martingale.
- It can use price action, trend, and other strategies to get into the market.
- We have a “Strong Money management system.”
- So, no extra features are provided.
|Strategy||Trend and Price Action|
What strategy does XXL Forex Real Profit use?
- It uses price action and trend strategies to seek trade possibilities.
- We have no details about the symbols provided.
- The same we have when we talk about time frames.
Backtesting vs live trading results
The presentation doesn’t include any backtest report. So, we can’t check the final report with win rates, risks, drawdowns, leverages, pips and profit gains, and so on. It’s a huge disadvantage.
We have a real USD account working under robot management. We don’t know details about a broker house behind the trading. The closed profit is $45.05. We have a balance of $795. The floating loss is -$20.52. The free margin level is 6711.7%.
The total return is 3.3%. An average monthly profit is 2.9%. The maximum drawdown is 8.0%. An expected win rate is 69.3%. The profit factor is 1.18. TThe robot has been working for 59 delays in a row.
The risk of ruining the account is 0.1%. The system trades with an average trade length of 11 hours. Its average win result is $5.77, while an average loss is twice higher -$11.09.
The system couldn’t be profitable trading GBPUSD.
The advisor works almost equally in both directions.
We have only the first magic number profitable. The second one is GBPUSD that brought losses.
Tuesday with 20 orders is the most traded day.
The system works at night and during the Asian trading session.
The system makes many more profits in January.
Not every week is profitable.
We may note that losses are bigger than profits.
The core team
There is a page of XXL Forex Real Profit created on Forex Peace Army. There’s only one client who wrote a review.
So, this person couldn’t manage to be profitable with those signals.