Aurum EA Review

by FX EA Review
Aurum EA

Aurum EA is an automated expert advisor that claims to provide more than 50% monthly profitability. It works across 7 currency pairs: GOLD, EURUSD, USDJPY, GBPUSD, USDCHF, GBPJPY, and AUDJPY. The website states that the bot diversifies assets to various resources to reduce risk. We will verify these claims in this review, so read below and find out if the algorithm suits your needs.

Aurum EA: to trust or not to trust?

Aurum EA does not provide us with accurate backtesting results. Also, the live trade results are only provided as screenshots which are not reliable. Furthermore, the seller fails to state precise information about their identity, which is a bad practice. 


The robot has the following features:

  • It is 100% fully-automated. 
  • The system is easy to use.
  • It’s integrated with a capital protection system.
  • The algorithm can trade multiple currency pairs.

To get the service up and running, you need to follow the next steps:

  1. Purchase the system from the website after making a payment
  2. Open the MT4 or MT5 on your desktop
  3. Drag the EA files and attach them to the relevant charts section
  4. Enable auto-trading
  5. You are good to go

The developer is hesitant to share the trading strategy the algorithm is using. We don’t know if it implements risky grid or martingale techniques as there is no trading history at hand.


The Optimal package of this bot comes at 249 Euros, providing access to an unlimited number of accounts. The Economy package is sold for 199 Euros, granting access to 1 user account. Both plans have detailed instructions, support, and a 14-day money-back guarantee.

Pricing of the bot on the website.

Trading results

Backtesting records have been provided for the USDJPY currency pair for the period: (2012.02.16-2022.03.16). These trades correspond to the M5 timeframe and have a modeling quality of  99.00%. An initial deposit of 3000.00 was converted into a net profit of 8078831.96. Spread stands at 10 points, with a profit factor of 1.72. The relative drawdown is shown as 56.22%, which is extremely high and points towards the use of a risky strategy. The bot made 4893 trades during this timeframe, of which 21.48% lost trades.. 

Backtesting records of the bot.

The seller has provided us with the screenshots of the live trade results of the bot on the website. This is a poor practice because it fails to capture real-time market movements. We tried to verify these records by visiting Myfxbook but could not get any matching accounts.

The date range for these trades is from April 04, 2016, to January 21, 2022. The monthly gain rate of this system was 4.64%, with a DD value of 13.26%. Initial deposits stood at 500 USD, while the profits were 12,029 USD. Apart from that, there is no information like profit factor, total trades, or profit vs. loss trades. As mentioned before, this points toward a lack of professional practice by the client. 

Live results of the robot on the website.

High drawdown

The relative drawdown of 56.22% is very high and way above the safety threshold used in the forex industry. This shows that the system can lose more than half of its account balance while trading.

Vendor transparency

The vendor behind this EA is, a company located in the Republic of Slovakia in the European Union. They provide no other information about their profiles in terms of names, degrees, certificates, etc. 

Customers can only contact the developers through a query form on their site. The company address, telephone number, and email are also lacking, reducing this firm’s trustworthiness.

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