Jet Trader Pro is a LeapFX trading solution. The company is a well-known EA designer for the Forex-related community. The developers insisted that there were 14 profitable months in a row. It’s a lie. The previous account was stopped after half a year of trading. The last one is just two-month-old.
The first three statements are lies.
Detailed Forex Robot Review
The robot has an endless but mostly useless presentation. There are few features explained:
- The robot executes orders fully-automatically.
- It can be applied to a EUR/USD symbol only.
- The system doesn’t sit in huge drawdown periods.
- The robot doesn’t require us to have Forex trading experience.
- It doesn’t take unnecessary risk.
- The presentation is full of scam-like claims like this one:
- The developers provide quick email support.
- The best settings are already in the package we can buy.
- Free updates and upgrades provided
Jet Trader Pro Strategy Tests
It’s typical for LeapFX not to provide backtest reports for the systems they sell. It’s a huge disadvantage because we don’t know how the robot handled the past data.
Real Account Trading Results
There’s a real SUDCent account on the EXNess broker house. The robot traded automatically using technical indicators data from the MetaTrader 4 platform. The leverage was 1:400. The account had a verified track record. It was created on January 08, 2021, and funded at USC3000. Since then, the absolute gain has become +15.65%. An average monthly gain is 5.85%. The maximum drawdown is 7.18%.
Jet Trader Pro has traded 87 deals with 744.5 pips. An average win is 34.25 pips when an average loss is -77.50 pips. The win-rate is 68% for Longs and 85% for Shorts. The average trade length is three days. The Profit Factor is high – 2.96.
The directions are traded equally by profits and closed deals.
Jet Trader Pro trades during the European trading session only.
Wednesday (24 deals) is the most traded day.
The system runs the account with the lowest possible risks to the account balance.
The robot uses Martingale on little Grids of orders to trade them in profits.
The new version of the robot closed previous months with profits.
The robot was introduced in two packages: annual license and lifetime license. It’s typical for LeapFX. The annual subscription package costs $347 and includes the Full Jate Trader Pro software, best settings, support, lifetime updates, and a 30-day money-back guarantee. The lifetime pack costs $697. We’ve got the same features.
The robot doesn’t have a page on FPA but has a previously connected account to it.
LeapFX has a page on Forex Peace Army. Its rate is 3 based on 14 reviews.
As we can see, trading results are far from being great.
Jet Trader Pro is a renewed version of the Jet Trader that was stopped half a year ago. Win-rates, profitability, and other parameters were increased. Alas, the robot has been running a live account since January 2021.
It’s a too short period to say something for sure about its stability and profitability over a long-range period.
The presentation doesn’t include the developer’s social network profiles. The same we have when we talk about customer testimonials. As for a robot that was released over a year ago, there are no comments at all. It’s suspicious.