Reaper Forex Robot Review 2021
Welcome to Our Forex Website. Today we are doing Reaper Reaper Forex robot Review 2021. In this article, we will give you all the complete insight about what is it, prominent features, trading strategies, prices/packages available, people behind this, pros and cons, customer feedback, and lastly our final verdict on this. So if you are planning to buy this robot then keep reading this article to an end.
Let’s get started with this review to see whether this can be on Our Best Forex Robot page or not!
What is Reaper Forex EA?
Reaper Forex EA is a robot that automatically operates on the forex trading market. This EA has been designed to run 100% on its own, meaning you don’t have to waste endless hours of your day sitting on your desktop staring at the changes in the ever-changing Forex industry. Plus, you can tailor it to your taste, as always. So it will fit your trading strategies and available capital better.
This robot trades with all the existing currency pairs on the market. But this is excellent enough for the more seasoned traders who are working at the same time as all of them. And like hundreds of other robots, the MetaTrader 4 platform is needed for this EA, which is free to download online. And on a Trial account, you can trade with this robot, just in case you want to see the overall results before formally buying it.
Let’s dive into details of Reaper Forex EA Review!
Reaper Forex EA Features
In this section of the Reaper Forex EA Review, we will disclose all the basic features of this robot. So here they are:
- 100% electronic trading.
- Trading on all available currency pairs.
- It trades on every size of the account.
- Along with other Forex EAs, it can be used.
- Open a demo account.
- The average company size is high.
- The number of transactions per month is weak.
- To close, the average exchange length takes days.
- Finds the best breakout in rates.
- Technology for stop-loss to protect profits.
People who work behind Reaper Forex EA
In this section of the Reaper Forex robot Review, we will discuss the team behind this robot. So the company behind the development of this EA is the popular ForexRobotTrader who has been working on these robots for a very long time now and on their website, they have lots of different forex robots available. On their official website, we find actual details supplied by the seller. We have shown so far that the inventor Don Steinitz has created the robots. Still, unfortunately, a while ago, he died. So it’s unknown who the new owners of this enterprise are until the details about this passing online were uncovered. And on their website, you cannot find all of the information online.
In this company, we all realize that being trustworthy is one of the most important keys to achieving success. So as soon as they can, they must repair it. And we are confident that many traders will not feel comfortable offering their capital to a business they don’t know much about.
Reaper Forex EA Trading Strategy
In this part of Reaper Forex robot Review, we will discuss the trading plans and strategies on which this robot works. So as reported on the supplier’s official website, this robot will change the way you trade. Ok, it is 100% automatic, so there is no need whatsoever for direct human interaction. And it trades 24 hours a day, 5 days a week on its own.
This robot trades GBPCAD, EURAUD, EURGBP, CHFJPY, GBPNZD, EURSGD, NZDUSD, NZDJPY, EURCHF, AUDCHF, GBPAUD, USDJPY, NZDUSD, AUDUSD, USDCAD, EURUSD, GBPUSD, SGDJPY, and CADCHF with all major currencies available. Also, the key technique applied in this robot is to exchange regular market breakouts to uncover explosive trades. What it means is that it takes considerable time for the EA to study the market to identify free exchange that produces big returns. And with the stop-loss mechanism incorporated, your money will always be safe.
In this section of the Reaper Forex robot Review, we will discuss the process/packages available for this robot. There is only 1 bid currently on the sales page of the official website of ForexRobotTrader. So for new traders who are just looking for a basic robot to start this company, this could be very handy. And there is a big discount. So you get 50 percent off your order if you buy this EA!
- A PayPal or credit card account can be used for payment.
- With the order, you get a free robot given by the retailer.
- Normal Prize: 199 USD
- Discounted Prize: 99 USD
In this section Reaper Forex robot Review, to see what their experience with EA is, we will look at different responses from users. There is criticism on their official website, but they do not post negative comments for apparent reasons, so traders can only see positive ones.
Some individuals say that this expert mentor has had outstanding results and that they are satisfied, but the input from other consumers says the contrary. Some investors are not happy with Reaper Robot. After using the app, several clients suffered losses. So the feedback on this robot is mixed.
Pros & Cons
- Trading on all available currency pairs.
- Inexpensive rate.
- To start trading, it doesn’t need a minimum deposit.
- Strong insight for policy.
- Free EA with an acquisition.
- Any third party platforms cannot check the trading data.
- No cash return guarantee.
- There is no timeline specified.
- Clients have mixed assessments of the EA’s results.
Conclusions Reaper Forex Robot Review 2021
Here is the end of this Reaper Forex robot Review. So far we have to say that we are delighted with all the details we can find, both online and on the official sales website, about this robot. But just in case you want to make this investment to expand your forex portfolio, there are still a few downsides that you need to hold in mind. So if you feel like all of these robot implements’ features and trading strategies are helpful to your business venture, then don’t hesitate to give it a try in DEMO to see how things work for you!