Jet Trader Pro is a part of the LeapFX family that was released several months ago and since that time it has received some updates. Trading results look quite smooth. So, we decided to figure out if the system is a safe trading solution to give it a try.
Jet Trader Pro: to trust or not to trust?
The final decision is up to you. The advisor has several risky strategies on the board. One of them is a Grid of several orders. The system uses Martingale to increase lot sizes on the next deals after losing orders. It involves an account of the significant risks.
As usual, the LeapFX products have many useless and not enough informative presentations. Jet Trader Pro is not an exclusion.
- The system works completely automatically on the terminal. We may do nothing in addition.
- The main cross pair is EURUSD.
- The advisor avoids sitting in huge drawdowns as well as cuts the range of these periods.
- The system doesn’t care if we have a relevant trading system experience or not.
- The EA will work only with experience that we would like to work with.
- It has on the board not only plan A but plan B as well.
- We don’t know what they meant having said this.
- There’s solid and informative support that LeapFX provides for all its customers.
- The default settings are the best to start working with.
- The system will consistently receive upgrades and updates if needed.
This offer is typical for LeapFX. We have a subscription option and a possibility for purchasing a lifetime license. The rent pack is available for $347 annually. The lifelong pack costs a bit higher – $697. Both of them have in common Full Jate Trader Pro software, best settings, support, lifetime updates, and a 30-day refund policy.
Verified trading results
LeapFX is the company that never published backtest reports. The system should be well tested before being released as a trading advisor. At the same time, the devs provide us with intel about the accuracy rate and what broker the system works the best.
The system has been running a USD Cent account on EXNess. We see little use of this. Tower among professional traders. The robot works automatically with 1:400 leverage on the MT4 platform. We may note that the account has badges like a verified track record and verified trading privileges. The devs created it on January 08, 2021, funded at USC3000, and withdrawn at USC1500. Since then, the absolute gain has become +40.91%. An average monthly gain is 4.42%, while the maximum drawdown is 16.74%.
Jet Trader Pro has traded 216 orders with 1434 pips traded. An average win is 33.71 pips when an average loss is -80.91 pips. The accuracy rate is 71% for longs and 81% for shorts. The average trade length is 3 days. So, it looks like it works on the H1 time frame. The profit factor is 2.60.
The advisor has lost the long direction in pips but it’s profitable in USC. The directions are traded equally by orders.
The advisor works during a high-liquidity and high-volatility trading session. The rest of the sessions are ignored.
Monday is traded less among other days because the system has a little information since Friday of where the price goes.
We may note that the risks are medium. There’s a 1.18 chance to lose 10% of the balance.
The advisor united risky strategies like Grid and Martingale. It’s not safe to use them.
We may see a Grid of six orders where the system uses Martingale to close it in profit.
The system closed all months with little profits this year. We don’t know how long it keeps going.
LeapFX is a design company that works for years and has many products on the board.
We have got a LeapFX page on Forex Peace Army. They created it for all their products. We have fifteen reviews with a 3.2 rate.
We have negative testimonials about the company and its products. To trust them or not to trust us is completely up to you.