Premium FX Review

We’ve got a Premium FX Robot to review.

We were welcomed by the statement that the robot is the best EA for MT4 trading. Next, we see the list of features that we’d like to introduce in the next block of the review.

Detailed Forex Robot Review

So, let’s take a look at the features:

• There’s free-to-go installation. Support can help us with it.
• The minimum deposit requirements are $200.
• The minimum Lot Size is 0.01.
• The robot can be used only on the MetaTrader 4 terminals.
• The default settings are good to go and don’t need any changes.
• There are several algorithms behind the system.
• The developers don’t charge any additional payments or fees after selling the EA.
• There’s 24/7 welcome support.

The vendor provided a user manual, so we can check settings and an installation process.

We have to copy the EA into the Experts folder and restart the terminal.

We have to attach the EA to a chart and allow auto trading.

In Settings, we have to allow importing .dll files.

This is all of what we know about the robot from the devs’ words.

Premium FX Strategy Tests

There’s a single backtest performed on the GBP/USD symbol on the M15 time frame. The modeling quality was 90.00%. As we can see from the first trades, the lot was ten times more than usual. An initial deposit was $99. The total net profit amounted to $1.18M after a three and a half years period. The spread was set high (30). The Profit Factor was 15.59. Even with these risks, the EA had only 15.38% of the maximum drawdown. The robot traded 1112 deals with a 95%-96% win-rate. 

Real Live Account Trading Results

The developers trade on the real USD account that was created on September 23, 2020, and funded at $100. It’s not professional to fund that little, because people know that you can afford yourself to lose this money. 

The robot trades only GBP/USD. The total account gain is +93.2%. An average monthly gain is +63.6%. The maximum drawdown is little, so even the system shows 0.0%. The win-rate is a little bit lower compared to the backtest (87.1%). The Profit Factor is so high – 12.31. The average trade frequency is 1.4 trades daily.

The robot keeps trades on the market for almost 19 hours. An average win (+1.58) is twice higher than an average loss (-0.87).

It trades both directions: Buy and Sell with the same effect.

There’s only one system on the board.

The weekly activity looks standard. 

There are some weeks without any trade lost.

The robot trades all day long.

Pricing

There are three packages: Pro, Standard, and Basic.

The Basic costs $110 and includes one real and one demo account license, free updates, and upgrades. The same we get in the Standard package for $130, but with two real and two demo licenses. Pro package costs $140 and includes six licenses totally.

Customer Reviews

There’s a PremiumFXBot page on Forex Peace Army. As we can see, there are no reviews, but this profile is linked to the real account trading results.