XXL Real Profit assures that it is an updated product that is ready to use. The vendor assures that the FX robot can make steady profits. Real trading results verified by the Myfxbook and FXblue sites are present on the official site. However, the account on Myfxbook seems to have been deleted. From the FXBlue verified stats, we can see the system shows low profit and high risk. The vendor offers the product for free provided you satisfy the broker requirement. There is no money-back assurance which makes us suspect the reliability.
Vendor transparency
We could not find info on the vendor other than the mention of the official site being powered by BorkerProfit.com. There are no company details like the founding year, the trading experience of the developer/developer team, location address, etc. The absence of info shows a lack of vendor transparency. For customer support, the vendor provides an online contact form. There are no other methods like a live chat window, FAQ section, etc.
How XXL Real Profit works
The official site has very minimal info on the features, functionality, and other aspects of the FX robot. From the info present, here are the significant features that the vendor focuses on:
- The software is easy to use.
- It works effectively on mini, standard, ECN, and micro accounts.
- The FX EA watches the market 24/7.
- It does not use risky approaches like the grid or martingale methods.
- Live daily results on FXBlue are present.
Timeframe, currency pairs, deposit
As per the info provided by the vendor, this FX EA uses any timeframe and works on the GBPUSD pair. There are no details on the recommended deposit and leverage for the system.
Trading approach
The vendor claims that the ATS uses indicators for market analysis, trend line, price action, and more. It automatically opens trades based on the evaluation and closes them. A strong money management method is used by the FX EA. We could not find further info on the approach used. The lack of info makes it hard to evaluate the system.
Pricing and refund
The official site does not reveal info on the pricing of the system. However, a link to the Brokerprofit.com site shows the FX robot is free but you need to use the broker recommended by the vendor.
Trading results
No backtesting results are present for this FX EA. The lack of strategy explanation and backtesting results makes it difficult to evaluate the efficacy of the system and its approach. Under the features, the vendor claims that the FX robot has trading results verified by the myfxbook and FXBlue sites. However, on checking the sites, we found the myfxbook account of the FX robot has been deleted. But the real live trading result verified by the FXBlue is of an active account. Here is a screenshot of the results:
From the above stats, we can see the real USD account has started with a deposit of $750 in November 2021. A total return of 2.3% is present. The monthly and weekly returns are 2.3% and 0.6%. A peak drawdown of 17.8% is present for the account. Profitability of 71.9% and a profit factor of 1.09 are present for the account. A risk to reward ratio of 0.52 is present. From the low profits, we can see that the FX EA does not use an effective approach. Further, the low ratio and profit factor also show the performance is below average.
People say that XXL Real Profit is…
Unreliable. We found a user review for the FX robot on the Forex Peace Army site. Here is a screenshot of the feedback:
From the user testimonial, we can see the system is not working well and has resulted in the user losing his money. The feedback also indicates the support is poor.
Verdict
Pros | Cons |
It is a fully automated software | Lack of vendor transparency |
Verified trading results | The strategy is not explained |
Trading results show an ineffective approach |
XXL Real Profit Conclusion
XXL Real Profit assures high profits with its indicator-based approach. The vendor provides verified real trading results for the system. On the evaluation of the stats, we find that the profits are very low indicating poor performance. Further, there are other drawbacks in the system like the absence of vendor transparency and negative user review. The lack of strategy explanation and the absence of backtesting results are other downsides of this FX robot you need to consider before deciding on using it.