Forex Gump EA Review

by | Sep 2, 2020 | Uncategorized | 0 comments

Welcome to this Forex Gump EA Review. Once again, we are going to study the services of a platform. From what is discovered in this review, we will discover if it is a Forex market tool that can help you.

What is Forex Gump EA?

Forex Gump EA is profitable an automated trading Expert Advisor working that has great reputation.

This EA was created and published on august 3rd in 2017. Since then, it’s been working with the same version that is 1.0 and hasn’t been updated.  This system trades on 9 currency pairs and this EA is installed on the MetaTrader 4 platform. This EA is always trading in profit and orders are closed within 1 for 4 days, by working like this, it protects traders from losing more money than what they specified in the settings of the EA. Unless traders turn it off, they won’t loss any lucrative option. Traders can change settings of the system manually, but the developers don’t recommend doing that, because the risks can increase. In here you will find parameters that are already predefined in the EA.

Who is behind Forex Gump EA?

It’s important to know who is behind this automated EA, in this Forex Gump EA Review we’re going to talk about it. Let’s clarify who’s the creator of this robot and if there’s a team working behind it. The owner and operator of this EA is Andrew Kozak, who is located in Ukraine, he’s a developer that’s behind of 44 products on the MQL5 market, a few of this product are under the name of ‘’Gump’’.

For who are the services of Forex Gump EA?

This expert advisor is made for anybody that’s looking to earn with trading. The software of the bot is very simple and doesn’t need manual work because the developers recommend to just purchase the product, install it and get it running. In the previous way it can do all the work on its own, no need to be aware of the bot all the time.

forex gump ea review

Forex Gump EA prices and packages

Here in this Forex Gump EA Review you’ll get to know the prices and packages of this platform if you’re interested in using it. The minimum balance for starting is $4000 or 4000 cents USD ($40). They count with two types of packages with different prices, said packages are the following:

The first plan available has a cost of €199, and is a one-time payment. It comes with one live account, one demo account, free 24/7 support, free updates and a 30-day money-back guarantee.

Second plan, that is also a one-time payment, has a price of €399. It offers the same things as the first plan, but with a little difference: it has three lives accounts. It also offers unlimited demo trading accounts. And of course, with the support and updates like the first package. The developers say they provide an already made trading system, but the fact that the software of the bot is compatible with all time frames and pairs, it means that traders will have to do a little bit of work to figure out which package is more profitable.

Forex Gump EA customer support

It comes a time when traders want to make a complaint or ask questions about the bot.

The only way they can do that is by filling up a contact form that is located at the end of their page, and also in a section called ‘’contact us’’. We need to say we find it disappointing that there isn’t other way to contact the developers.

EA client’s experiences

We’ve seen feedback from different customers, in this Forex Gump EA Review we’re going to let you know about what people have to say about it. We’ve made the proper research on what traders have said about this product, and sadly there’s very little feedback on it. Most of these comments people said are negative, giving it a one star rating. One trader said that the indicator gives a signal at the beginning and the end of the candle, so it’s not possible to get the same result. But other trader gave it a five star rating stating that got positive results. Is really important to know what have people said about any product so traders can feel comfortable and secure before purchasing.

But we encourage them to also try at least on a demo account on their own, so they can judge it and decide if it’s worth to keep using it or not.

EA pros and cons

Pros:

  • The robot is 100% automated.
  • Money back guaranteed, which is very important because if people aren’t satisfied with the product, they’ll get a full refund.
  • It has all major currencies.
  • Doesn’t have complex adjustments.
  • Because of the software is build, it can be used for beginners and experienced traders.
  • Low prices.
  • All timeframes.

 

Cons:

  • It needs fast connection.
  • Not very good feedback.
  • Shady results.
  • Poor customer support.
  • It’s considered as risky trading.
  • It only works with 9 currency pairs.
  • Not so much information on the developer and the team behind it.

Forex Gump EA Review summary

To end this Forex Gump EA review, we can say that even though this automated EA is very well constructed and can be used by any type of trader, it still needs to improve in a lot of aspects. From what we’ve read, this robot can be better. If the developers want to gain trust and more clients, they need to work on their customer support. Providing an email address and opening social media accounts to keep information on the EA updated will definitely help.

We recommend to our readers, if you feel secure enough, to go and check the EA out on your own and judge by your experience. Overall, it is user-friendly, can be efficient and affordable.

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