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FX Blaster Pro Review

November 28, 2020 by Forex Winner Leave a Comment

FX Blaster Pro

FX Blaster Pro is a well-known EA among the Forex community. The main statement welcomes us with intel that the robot is consistently profitable and has verified trading results.

Detailed Forex Robot Review

Let’s talk about a strategy and robot’s features to understand if it fits us:

  • The robot is a set-and-forget solution.
  • It can be customized for our needs.
  • It can be run on any broker, including the US ones.
  • The EA has a money-management system that decreases drawdowns and calculates Lot Sizes according to our needs.
  • There’s a recovery system (Martingale?).
  • The robot is featured by high slippage protection that doesn’t allow opening new deals if slippage is higher than a preset value.
  • There’s broker protection as well. It lets cover our SL and TP levels from brokers that can hunt Stop Losses.
  • The EA works based on three different and worked apart strategies.
  • The main strategy is the Trend one. There are additional strategies: Grid, Martingale, and Hedge.
  • It works with four risk levels Low, Middle, High, Combi.
  • The company has little transparency comparing to the other EAs designers.

FX Blaster Pro Strategy Tests

The vendor didn’t post backtest reports. Most of the traders would like to compare backtest performance with real account one, especially factors like win-rate, Lot Size, and risks, Profit Factor, and so on. Not providing them tells us that the developers didn’t perform then or they’re sick to be revealed to potential buyers.

Real Account Trading Results

FX Blaster Pro Myfxbook

We’ve got a real USD account on the Fort Financial Services broker. The robot trades automatically, using technical indicators with the maximum leverage – 1:1000 on MT4. The account has a Verified Track Record. It was created on March 17, 2020, and deposited at $1000. An absolute gain was +195.93%. An average monthly gain is +13.64%. The maximum drawdown was -15.12%. 

FX Blaster Pro drawdown

High drawdowns are rare for this EA.

FX Blaster Pro advanced statistics

The robot closed 2496 deals with -79.2 pips. An average win (11.06 pips) is twice less than an average loss (-22.62 pips). The win-rate is 66% for Longs and 68% for Shorts. An average trade length is less than 3 hours. The Profit Factor is 1.64.

FX Blaster Pro trading results

It trades six symbols AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, and USD/CAD. The most tradeable are EUR/JPY and EUR/USD currency pairs. The most profitable is USD/CAD.

FX Blaster Pro trading results

FX Blaster Pro focuses on trading during a European trading session.

FX Blaster Pro trading results

The less tradeable days are Monday and Friday.

FX Blaster Pro trading results

The robot trades with acceptable risks to the account balance.

FX Blaster Pro trading results

The EA works on a Standard non-ECN account because there’s no commission. Lot Size is hidden from us and from the broker too.

FX Blaster Pro monthly gain

As we can see, in the beginning, the EA traded with significant risks. Now, with low risks, it can provide 3%-5% of the monthly gain, not higher.

FX Blaster Pro Myfxbook

The second account was stopped at the end of October 2020. 

Pricing

FX Blaster Pro Pricing

There are two packages Standard and Advance. The Standard pack costs $299 for a single real account license. For $459, we can buy the Advance pack with three real licenses. All packages are featured by a user manual, free updates, and upgrades, 24/7 welcome support.

Customer Reviews

The company doesn’t provide people’s feedback on the site.

FX Blaster Pro rating
FX Blaster Pro
FX Blaster Pro

Forex Store was informed by many buyers that they didn’t receive licenses, that support doesn’t work as it should, and so on. If Forex Store warns us, it means that investing in this EA will be a huge mistake.

Review Summary

FX Blaster Pro is a mix of risky strategies that help the robot to perform Trend trading. The robot trades with “mid of the pack” results. There’s nothing special to be seen.

The most important part that warns us was that FX Blaster Pro clients’ complaints reached the Forex Store administration, so they decreased the rating of the robot to the scam one. Now, it’s not a time to buy it.

Advantages
Real-account trading results
Disadvantages
No team revealed
No settings explanations provided
No backtests provided
All risky strategies are on the board
Much negative feedback
Forex Store has decreased their rate from 8/10 to 3/10
People experience issues with delivering licenses and support
3

Filed Under: Forex Robots

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