The Fund Trader promises automated FX signals with a winning rate of more than 80%. As per the developer, the automated system has generated over 29,000% profit that you can also generate by using the software. Gordon Francis is the developer of this automated system. He has been experimenting with trading software since 2006 and created this automated tool.
LeapFX company partners with experienced FX traders, money managers, signal providers, etc. to provide profitable tools. The company offers the best FX broker recommendations, automated trading systems, managed account service, and Virtual Private servers. Other products of the firm include DynaScalp, Automic Trader, AX Trader, and more.
The Fund Trader EA
According to Gordon Francis, the developer of this EA, here are the key features that make it competitive in the market:
- It is a fully automated system.
- It works on 18 currency pairs and gold.
- The ATS does not use the grid or Martingale method.
- It is a beginner-friendly system.
- The MT4 trading tool can work with small accounts.
- An initial deposit of $250 to $500 is recommended for using the software.
- Maximum risk and order size can be customized.
We could not find recommendations on the leverage and brokers you should use when you begin with the automated software.
Trading Strategies and currency pairs
A dual approach is used by the system. It first analyses the technical levels and fundamentals for every currency pair. This helps to decide the direction of trade for every currency pair and the entry points. The next step is to use proprietary semi-automated or multi-phase software for monitoring and executing a predefined exit. The order lasts for 5 hours to 24 hours. No backtests are present for this ATS. The main currency pairs the system works on include the AUDCHF, AUDJPY, AUDUSD, CHFJPY, EURAUD, EURCHF, EURCAD, EURGBP, EURJPY, GBPAUD, EURUSD, EURNZD, GBPCHF, GBPJPY, GBPUSD, USDJPY, USDCAD, and XAUUSD pairs.
The Fund Trader trading statistics
A real USD account verified by the myfxbook using the Blaze Markets broker and the leverage of 1:200 on the MT4 platform is present. Here are screenshots of the trading stats.
A total profit of 234% is present for the account that started with an initial deposit of $30,000 in April 2021. A daily profit of 0.36% and a monthly profit of 11.41% are present. The drawdown is 89.17%. While the drawdown is high, the growth curve shows steady growth of the account since it started indicating an effective approach and good risk management.
A total of 118 trades have been executed with a profitability of 86% and a high profit factor of 7.50. A lot size of 0.50 is used for the account. From the high profits and profit factor, it is clear that the performance is good. Traders who are in search of a high-performing system will find this MT4 tool a good choice.
Pricing and refund
To use this automated software, you need to choose from the two membership plans available. One is a 3-month plan costing $297 and the other is a one-year membership plan costing $597. Features included in the packages are free updates, the best recommendations, customer support, and a 30-day money-back guarantee. When compared to other competitor systems, we find the price is expensive but the money-refund offer shows the reliability of the system making the cost worth it.
What else you should know about The Fund Trader
Unfortunately, we could not find user reviews for this FX tool on reputed sites like Forexpeacearmy, Trustpilot, etc. However, we found 14 reviews for the company on the Trustpilot site with a rating of 4.1/5. Users are happy with the support, guarantee, and performance of the company’s products.
For support, the vendor offers an online contact form and an email address. From the user reviews on the Trustpilot site, we can see the customers are happy with the support offered.