FX Fortnite Review: Is It a Scam?

By ETFhead 1st November 20212192 views

FX Fortnite has a simple and not informative presentation that doesn’t reveal or explain everything about the system. It’s hard to understand if the system fits our expectations. The main claim is “100% Full Automated MT4/MT5 Expert Advisor.”

FX Fortnite claims

We have grouped up all available details, features, and other explanations about how everything should work.

The system is designed to execute orders on a terminal automatically.
We can enjoy trading on MT4/5.
We can expect that the robot will work with Trend and Hedge strategies.
Hedge is a risky way to make profits.
The system can execute orders with three risks Conservative, Medium, and Aggressive.
We are free to work with any broker we want.
The requirements for margin is $1000 for 0.01 lot sizes.
We can trade with 1:100 leverage.
“Inbuilt indicators analyze the market’s divergences and convergences.”
We can expect to get 24/7 welcome support.
IC Markets is a suggested broker.

Trading strategies and currency pairs

The system works based on two strategies: Trend and Hedge.
We are allowed to trade with EURCHF only.
H1 is the only time frame to work with.

Backtest report

We have a final report of the EURCHF backtest on the H1 time frame. The data period was eight months. The modeling quality was 90.00% with a two pips spread. An initial deposit was $1000 that has become $531.22 of the total net profit. The profit factor was 2.01. The maximum drawdown was 19.49%. It’s high as for a trend based robot backtest. The system closed 614 deals with a 61% win rate for the short and 67% for the long trading direction.

ForexSignals trading statistics

Live trading results on fxblue

The system was set to work on a real USD account. The floating loss is insanely deep – $3.383. The total profit has amounted to $444.07. Margin level is insanely low – 297.51%.

FX Fortnite statistics

The total net return is 81.3% for 89 days of being on line. An average monthly return is 21.2%. There is no info on the drawdown. An average accuracy is 75.9%. The profit factor is 2.59.

FX Fortnite risks

The ROI is 9.07. The average trade length is 2.7 days. An average winning trade is $1.64 when an average losing trade is -$1.99.

FX Fortnite trading directions

The system trades the sell direction (362) is significantly higher than the buy direction (221 orders).

FX Fortnite magic number

The system works with a single magic number (strategy) on the board.

FX Fortnite daily activities

Monday with 146 orders is much ahead in trading activities.

FX Fortnite hourly activities

The system works mostly during the European trading session.

FX Fortnite monthly profits

The system has closed three times less orders in October 2021.

FX Fortnite weekly activities

The profitability was going down significantly.

Pricing and refund

Pricing details

There are three lifetime packages available: Bronze, Gold, and Platinum. The Bronze pack can be bought for $149 and it includes one real and one demo account. The Gold package is good to go for $199. It includes allowing trading on two real and two demo accounts. The ultimate pack – Platinum costs $249. There are three demo and real account licenses.

There’s a 30-day money-back guarantee. Several months ago, there was no refund policy at all.