Automic Trader is a trading solution that was designed to make profits on Forex. Its developer is a well-known robot developing company. We have a main claim about the system “New Software Lets You Build A Steady, Compounded Passive Income From The Forex Markets… And The BEST Part Is It Requires NO Prior Trading Experience.” So, it’s time to check the system’s features and trading results.
Vendor transparency
LeapFX has many years of good reputation among the Forex related developers. This doesn’t mean that all their profits are good by default. The company provides good support and refunds.
How Automic Trader works
The presentation provides detailed information about the system and how it makes profits.
- The advisor was designed to trade automatically.
- There’s a feature that can help us with saving our account.
- The advisor doesn’t require us to have trading experience.
- We can expect to get 20-30% monthly.
- The system can increase profitability up to 50-100% monthly if we increase risks.
- We have an “internal settings optimization system.”
- We have no explanations about this.
- The risk level can be customized by us.
- We have a user guide to get everything done properly.
- The system will receive updates it will be able to need.
Timeframe, currency pairs, deposit
- We can work with the following pairs on the terminal: AUDUSD, EURGBP, EURUSD, GBPJPY, USDCAD, and USDJPY.
- There are no explanations provided about the time frame.
- We have no details about a deposit.
Trading approach
It works with a Grid strategy which is a risky one. The system grabs several more times of the margin to put in trading.
Pricing and refund
The system is available in 2 packages. The first one is a year subscription coming for $497. The lifetime copy costs $650 for a single account. There’s automatic software, free updates, full customer support, best recommendations, 30-day refunds, and a $100 bonus provided. We don’t have explanations about how we can spend that money.
Trading results
The owners provided us with proper backtests where various cross pairs were tested. The total net profit was 736.12% or $44,167. Automic Trader closed 960 orders with a 2.79 profit factor. The win rate was 76.35%. A maximum drawdown was 10.7%. The robot hasn’t traded all months predictably.
We have a system that has been working on a real Blaze Markets account with 1:200 leverage. The platform is MT4. The account has a verified track record. It was created on April 07, 2021, and deposited at $1,000. Since then, the total growth has become 126.87%.
Automic Trader traded 308 orders with 2013.8 pips. An average win is 30.84 pips when an average loss is -61.56 pips. An average accuracy for longs is 77% and 69% for shorts. An average trade length is three days. The profit factor is 1.49.
EURGBP and AUDUSD are the most traded pairs. GBPJPY isn’t profitable ‒ $571 of loss.
The advisor prefers to trade at night and during the Asian trading session.
Wednesday is the most actively traded day with 99 deals.
The risks are high. The system has to lose only 7 orders to lose 10% of the account.
The system closes huge grids of orders with losses.
January 2022 has started with huge losses.
People say that Automic Trader is…
Good. We have some testimonials written about the system based on email listing. So, those messages can’t be verified.
Verdict
| Pros | Cons |
| Backtest reports provided | No developers team revealed |
| Trading results shown | No risk advice given |
| A refund policy applied | No details about money-management provided |
| Horrible trading results |
Automic Trader Conclusion
Automic Trader is a trading solution that works on a real market without success. The system uses a Grid of orders strategy and closes many deals with losses. So, for now, the advisor is so risky for using it on a real account.
