EATree Review: Eatree.com Reasonable EA Robot
EATree (Eatree.com) is a trading guide to help traders get the best out of forex robots. These developers have created visual solutions to help answer complex trading problems. Developers at all levels can feel free to use this product to sharpen their trading skills. Based in Canada and the United States, this developer is professional in all their dealings. The company has created two products, EA Tree MT4 and EA Tree MT5. Users can use these tools to even generate trading signals on their own.
About EATree
What they have done is ensure traders with no coding experience can use their tools. They have created tools that save time when developing forex expert advisors. Now anyone without prior coding knowledge can use these tools to create their own signals. No additional budget will be required when developing signals. And this saves a bunch of money and time to investors. One of the biggest setbacks for their MT4 and MT5 tools is they are not for beginners. You have to have prior trading knowledge to use them.
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EATree is helping traders with their video tutorials which are easy to comprehend. Although one might get other similar service providers, EA Tree offers an edge. The video tutorials actually help investors get to learn at their own pace. For traders who want to build their own EAs. This tool is a welcome advantage. Users can combine the strategies and come up with their own unique way of trading. And this is a result of one company which is behind the use of this robot.
Assets and products on this trading guide
The main aim of this program is to help investors fully use automated trading robots. Users can use the tool to create and develop a fully automated robot. The biggest selling point is that users don’t have to have prior trading knowledge to use this tool. All you have to do is sign up and start using their tools. It sounds too good to be true, well, it is. There are experts out there who want to improve the way trading takes place. The forex trading world is a lucrative way of making money. Using automated robots will increase the chances of winning.
Business owner
Genetic Graphics Inc is the company behind this trading program or mentorship guide. A look at Google search engine shows the company is located in the United States. To be specific, the company is based in California but their IP location is in New York. We could not get any information on their Canadian headquarters. Although it seems most are happy with the location details, we are not. They should have clear and precise information on their headquarters. This is one of the ways to ensure the company is not hiring a virtual office service provider.
Comments and feedback from clients
With the platform having over 10 years in the industry, we are sad that no comments are available. And this is another worrying trend with such programs. They only have positive comments displayed on them which means these are paid posts. Keyboard masters could be behind positive comments. These comments are in fact posts praising how well the program is. They are not from a direct client which is hard to imagine after 10 years in the trading world.
Domain details of the program
They claim to have been in existence since 2010, domain details show otherwise. What they show is a site that has been around for over 15 years. They could have used a domain from a previous owner. It is not a good sign as these people who have falsified data. They have created an illusion that they are new in the industry. Their website is 15 years old and has undergone 8 unique IP changes. It means that the site may as well have been used to sell other online products.
Features of EATree
The platform comes with an easy to use drag interface which is ideal for all classes of investors. It also comes with a color-coded system to help guide traders through the learning process. They also offer powerful trading tools that give users access to hedging, money management, and more. The service comes with a fast development speed which fastens the process. They offer both complex and simple strategies for investors. This robot is also efficient in creating databases and layouts.
Is EATree Licensed or Registered
EATree is NOT Licensed or registered to offer its training services to investors. They also don’t have any regulatory documents to prove their professionalism. It would be prudent to see the qualifications of the developers behind the program. All that we have is their word that this is a professionally-led program. And this is another reason to be careful with their services. Without a valid trading license, it means there is no insurance cover. The money-back-guarantee feature is not available.
The problem with a lack of license means we can’t approve of everything they say. They have not undergone checking by regulators. These could as well be scam artists who want to steal from investors. They could be professional traders looking for a way out. Why then would they not give users their full credentials? It beats us that such a professional-looking platform has no valid license. Since they are based in America, they should get their license from the CFTC or NFA.
Properties of the program
Purchase details
EATree is offering both MT4 and MT5 through a 2 checkout payment processor. After each purchase, the client gets access to three licenses of either the MT4 or MT5 version. Traders also get lifetime access and each product comes at a price of $149.99. Users can get the software by downloading it and they claim it comes with a 10-day money-back guarantee. There is also a free trial version where users can watch training videos. When it comes to their packages, they are professional.
Support team
Sadly, there is no live chat support team on any of the programs offered. Their homepage has a contact page with an email and postal address. Why they fail to give a phone number is beyond us. And this is another reason to ask questions as to the people behind this platform. It would have been easier to provide a direct link to them. A phone number would have made it possible to talk to these developers. The problem with emails is that they take the time to get a response.
Training videos
There is free access to their training videos for anyone who wants to use the program. The free access means anyone can get the knowledge first before signing up. Traders who want to sign up should go through the training process first. These videos are on YouTube and cover around 20 minutes of content. There are three videos in total and all of them show what users can expect moving forward. It is okay that they have offered users a video training guide to help with learning.
Security of funds with EATree
The safety of funds is not guaranteed with the platform since they don’t have a valid license. They do have a claim of offering a 10-day money-back guarantee which is not the case. There is no client that has come forward with proof that the 10-day money-back guarantee works. And there is a problem with their website in terms of software security. There is no DDoS protection or SSL encryption. It means hackers can hijack the purchase process and steal credit card information.
Scam or Legit EATree
EATree is a trading guide that has a good concept but lacks the backing of regulators. If they had proof of their professionalism, it would be a perfect place to develop forex robots.
Closing remarks
The safety of our readers is of utmost importance, stay safe when using their product. Start by using their demo account before signing up with the full package.
Stay safe and use tested robots that have the backing of trading experts. Use these forex robots as they guarantee safety for your investment. What are you waiting for?
