100% Monthly EA was released not so far ago as a hype trading solution that can make us richer quicker. As a result, the presentation is semi-professional. The main claim is “Don’t Miss the final chance to make a money fortune.”
It’s typical for scam or hype trading solutions to scare people of problems that can happen when you decide to trade his or her own. It’s an unprofessional way to communicate with potential customers.
The vendor has a medium level of transparency. We have backtest and trading results, but we know nothing about the developers.
How 100% Monthly EA Works
We have grouped up all explanations about the system and its functionality in the following list:
- 100% Monthly EA is a fully automated trading solution. We have to do nothing in addition.
- There was a period when the system worked with eight pairs.
- We may start trading without proper previous experience.
- An average monthly profit can be up to 100%.
- The developers have huge trading experience.
- The presentation is featured by backtest reports.
- The accuracy rate should be high.
- The default settings are optimized.
Timeframe, Currency Pairs, Deposit
- There are four pairs to trade: AUD/JPY, EUR/JPY, EUR/USD, and NZD/CAD.
- The minimum balance should be from $500.
- The leverage is 1:500.
- There’s a “multi-pattern trading approach.” We don’t know the details of this feature.
- If we decide to work on an ECN account, it makes us more profitable.
Pricing and Refund
We have three packages on the board that vary by subscribing options. The first pack is a subscription for signals. It costs $35 monthly. It includes daily signals, accurate Entry Levels, signals for all sessions, and modification updates. The second pack allows us to rent out the robot for $79 monthly. The ultimate pack is overpriced and costs $1399. It includes a lifetime copy of the product. There’s no money-back guarantee provided.
We have a backtest report on EURUSD. The period was chosen from January 02, 2020, to April 16, 2021. The absolute gain was 6,34M%. The deposit was $1000. It has turned into $63,355,544 of the total net profit. An average monthly gain has amounted to 102.53%. The maximum drawdown was 19.97%. The system has closed 11,619 deals with 24,665 pips. An average win was 4.14 pips when an average loss was -1.26 pips only. The win rate was 63% (3863/6119) for Longs and 62% (3412/5500) for Shorts. An average trade length was 11 minutes. The Profit Factor was 4.64.
The system traded smoothly during the week.
The robot worked with low risks.
The profitability went down before release.
The developer created a real USD account. The balance is $10,559. The closed profit is $5060. The margin level is 1,621%. There’s a floating loss of -$973.51.
The total return is 166.6%. An average monthly return is 98.7%. The maximum drawdown is 2.3%. The win rate is 66.8%. The profit factor is 1.94. The trading frequency is 5.6 deals daily. The robot has been working for 56 days.
The Risk to Reward ratio is 7.48. An average trade length is 2.3 days. The average result is $16.01. An average win is $49.43 when an average loss is -$51.15.
We have only four currency pairs traded. EURUSD is ahead in trading activities – 129 deals and $2165.
The Long direction is traded twice more frequently than the Short one.
We have a single strategy on the board.
Wednesday is still ahead as the most traded day during the week.
The system opens trades during European trading hours.
As we may note, the trading frequency went down three times.
The system trades with significant Grids of orders with Martingale deals in it.
People say that 100% Monthly EA is…
Good. There’s a 100% monthly EA page on the Forex Peace Army. We have three comments there but the site calculates like two.
There’s a positive comment that was left several days ago that looks like false advertising and scam because he provided no screenshots of his testing the robot on the demo account.
|Some money-management details explained||No developers revealed|
|Backtest reports provided||No settings details explained|
|Real-account trading results||No strategy explanations provided|
|The Grid with Martingale is on the board|
|Some of the previous trading results were removed|
|Sky-high pricing for a lifetime license|
|No money-back-guarantee provided|
|Various feedback published|
100% Monthly EA Review
100% Monthly EA is the system that works with mid-range Grids of orders adding Martingale features to them. The developer has removed some trading data from April 2021. It looks suspicious because we clearly remember that the robot worked with eight currency pairs instead of four. The offer is quite overpriced and isn’t supported by a money-back guarantee.