• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

FX Scalper X Review

April 9, 2021 by Forex Winner Leave a Comment

FX Scalper X

Instead of a great promo, we see these negative statements about why people usually lose the account and are disappointed in being a trader. Frankly, it’s awkward. 

FX Scalper X presentation

Detailed FX Scalper X Review

FX Scalper X. These two lines of icons with a bit of explanation are everything we have about the system.

These two lines of icons with a bit of explanation are everything we have about the system. It’s unprofessional to pitch the robot that way. 

Best Forex Robots ›

Compare leading trading systems on the market

  • The robot is a fully automated trading solution. It runs the charts without our attention. 
  • The main strategy is Scalping based on a Grid of orders.
  • The system works only on the M1 time frame.
  • There are five currency pairs to work with: EUR/GBP, AUD/USD, EUR/USD, GBP/USD, and USD/CAD.
  • The robot “provided” $150,000 from $100 in 2020. Of course, it’s an unproven lie.
  • The presentation is featured by backtest reports. It allows us to be convinced that everything was sound before the system got released.
  • It’s easy to set up on the MT4 terminal.
  • The system allows us to put emotions aside from trading. So, these profits will be stress-free.
  • We have to have over $100 on balance to start trading with the minimum Lot Size.
  • We may not have previous trading experience to be profitable with it.
  • The delivery time is quite high – one day. There’s no auto check out.

FX Scalper X Strategy Tests

FX Scalper X Strategy Tests

We have got several backtest reports on the site published. So, we’re free to pick any to check it up. This one is a GBP/USD report performed on the shortest time frame (M1). The data was chosen from a 2010-2019 period. The modeling quality was 99.90%. An initial deposit was $100. The total net profit has become $29,878,855.88. The Profit Factor was 2.02. FX Scalper X has performed only 18,236 trades with a 49% win-rate for Shorts and 48% for Longs.

Real Account Trading Results

FX Scalper X Real Account Trading Results

FX Scalper X runs the charts on a real USD account. The broker was chosen – LQDFX. It works automatically on the MetaTrader 4 platform. The leverage is the middle of the pack – 1:300. The account has a Verified Track Record. It was created on January 12, 2021, and deposited at $2,850. Since then, the absolute gain has amounted to +32.85%. An average monthly gain is +10.35%. The maximum drawdown is 14.91%. It’s an acceptable one compared with the provided profits. The account is tracked by fifty-eight investors.

FX Scalper X advanced statistics

FX Scalper X has performed 2422 trades with 9495.9 pips. An average win is 11.93 pips that is twice less than an average loss (-21.70 pips). The robot has traded 24.49 Lots. The win-rate is 75% for Longs and 77% for Shorts. An average trade length is over sixteen with a half hours. The Profit Factor is 1.72. It’s a common number for a scalper. Good ones have a profit factor from 1.6 and higher.

FX Scalper X trading results

The system manages five M1 charts: AUD/USD, EUR/GBP, EUR/USD, GBP/USD, and USD/CAD. The most traded and profitable is GBP/USD with 845 deals and $352.55 of the profits.

FX Scalper X trading results

The system trades during the European trading session. 

FX Scalper X trading results

Wednesday took advantage as the most traded day – 580 deals.

FX Scalper X trading results

The account is run with low risks to the balance. To lose 10% of the balance, we have to lose 168 deals in a row.

FX Scalper X trading results

The system scalps good profits as for the M1 scalper. 

FX Scalper X monthly gain

The robot has made solid profits trading with low risks.

Pricing

FX Scalper X Pricing

There are four packages which we can buy. The first three are subscriptions, and the last one is a lifetime pack. The three-month pack is available for $117. The six-month pack costs $157. The twelve-month pack can be purchased for only $197. The lifetime pack’s price is $277. It’s an honest price for a scalper. The developers hid the intel about the packages’ features. We have no refund policy to get sure we’re safe if the robot goes nuts during the first 30 days of usage. 

FX Scalper X Pricing
FX Scalper X. Payment

We have to complete checkout on the site.

Customer Reviews

FX Scalper X Customer Reviews

The presentation includes some positive testimonials about how much people obtained having used this scalper.

Review Summary

FX Scalper X is a scalper that makes a good profit on the real account. The price is affordable for many.

There are some cons as well. Scalping is a dangerous strategy and isn’t welcomed by many brokers.

The system is so young, to be sure, it’s a stable and predictable trading solution. The developers don’t support the deal with a refund policy.

Advantages
The strategy explained
Backtest reports provided
Real account trading results provided
Acceptable pricing
Disadvantages
No team revealed
No money-management and risk advice given
No money-back guarantee provided
No customer feedback on Forex Peace Army published
6

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex Robots

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

NinjaTrader Review

February 17, 2020 By Forex Winner

europefx

EuropeFX Review

December 26, 2019 By Forex Winner

lqdfx

LQDFX Review

November 20, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure