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FX Secret Immortal Review

FX Secret Immortal

$549
3.6

Price

3.0/10

Strategy

2.0/10

Results

6.0/10

Client Feedback

2.0/10

Transparency

5.0/10

Pros

  • Myfxbook verified results
  • Professional website

Cons

  • Poor client feedback
  • Risky strategy
  • High price

FX Secret Immortal is a new automated trading software that was supposedly created by private community of successful traders, who claims to be established in 2012 and have been generating expert advisors since 2009. There are no much information about who they are and where they are operating their Forex robots.

There is no contact phone number but you can reach to them via a contact form at the FX-Secret.com webpage.

FX Secret Immortal Review

FX Secret Immortal Review

FX Secret Immortal is a Forex robot offering to trade one single Forex pair, EURUSD. They are selling only one license which they said comes with a combination of 3 strategy, high profitability and drawdown control. The price for a license is $549 and you will get lifetime support, settings for easy setup, and possibility to change account online unlimited number of times. There is no free testing service.

Free demo accounts offer you a chance to test a forex expert advisor performance. These accounts let you use virtual money to make trades and test strategies. best Forex EA’s demo accounts let you enact all the important trading functions, including setting up alerts and creating stop-loss orders.

The EA requires a minimum deposit of $1400 for reliable trading or $700 for aggressive trading. Most forex robots costs within $100 – $250 as a start, and some go even lower. For example, leading automated trading software DaxRobot, cost is free and requires a minimum initial deposit requirement of $250.

In the good side, we can see that Ghost Trader EA is recommending an intraday time frame, H1. Intraday Timeframe have advantages which include lots of trading opportunities, less chance of losing months and no overnight risk. But you should consider that the transaction costs will be much higher (more spreads to pay).

Trading Strategy

During our check on FX Secret Immortal robot, we saw that they did not provide much insight on the software trading strategy. They only marketed that it works with a combination of 3 successful strategies. However, we were able to understand that the software strategy is a mashup of grid trading/night scalping.

The Grid trading is a type of trading strategy that profits from the sideways as well as trending market conditions. In the simplest of terms, Grid trading involves hedging, or placing simultaneous buy and sell orders at certain levels.  It’s worth noting that grid trading is risky, and generally not a trading strategy that we prefer because of how often it can blow up accounts.

EA Breakdown

  • Type: Forex Robot
  • Price: $549
  • Strategy: Grid/Scalping
  • Timeframe: H1
  • Pairs: EURUSD

Client Review

We could only find a single client review of the FX Secret Immortal on a popular Forex forum, see below.

FXSecret Immortal Client

Trading Result

There is a single Real USD Cent verified Myfxbook account with the Forex4you brokerage. FXSecret Immortal trading account started trading May 27th, 2013, and is showing a gain of over 7500% with a drawdown of 65.84%.

FX Secret Immortal Result
FX Secret Immortal trading statistics drawn directly from mfxbook

Compare FX Secret Immortal

Try robots which are backed by the trading community, see here.

DaxRobot is currently the most popular CFD and Forex automated trading robot, that was designed by European software, see more. There are no actual trading result because the variable are too numerous. Signup for a free demo at daxrobot.com.

If you are using this FX Secret Immortal let us know how it performs with you below.

 

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