FX Secret Immortal Review: Fx-secret.com A Risky Robot
A fancy website is a reason why most users were attracted to this trading robot. The trading robot is FX Secret Immortal (Fx-secret.com) review, which is out and ready. After weeks of investigation, we have what looks like a would-be great robot. There are a few mistakes we noticed with the robot that should be pointed out. For those who have already signed up with the bot, we would like to hear your experience. Read this entire post for an in-depth look at this robot.
There are accurate and verified robots that have been tested by experts and the trading community. These robots are a gem in the online trading world as they offer a safe trading experience. Those who want to make a passive and realistic profit; they are the tools to have. With a recurring user base, the best forex trading robots are what every trader needs. Ask any successful trader, and they will insist that the secret is having the right tools. With the protection of your investment being a guarantee, these are the go-to trading tools.
About FX Secret Immortal
Drawdown control, High profitability, and three different strategies are their sales tag. With high profitability being their secret weapon, we are about to find out whether this is true. Just as with other online trading products, investors are warned of risks involved with new programs. What we found out is worth sharing with our readers to keep them alert of the robot’s actual capabilities. The hope of getting high profits with this robot should be kept at a low. There is no guarantee that this robot even makes any profit at all.
FX Secret Immortal is what a web site's design should look like. We have to give credit where its due to as their design is aesthetically pleasing. The only problem with the website is information regarding what the robot does. There is missing information on the robot’s capabilities, which is a huge problem. Users should be able to know what they are getting into before signing up. It is just a simple website that tells no exact details of what the robot does for investors.
Assets covered by the robot
One would expect that FX Secret is a platform that would inform users of the expected currency pairs. A user has to dig deep as the homepage does not offer such information. We later learned that the website provides one currency pair. Those who prefer to trade with major currency pairs EUR/USD, this robot is for you. We are not recommending it as there are a few warning signs we have to shoot first. With the price tag that comes with this robot, investors ought to make a good profit. The only problem is that there is no accuracy level mentioned by the developer.
Business owner
Information on who operates and runs the platform is beyond us. The robot is not good enough, as it seems this is another anonymous trading platform. With anonymity comes the uncertainty of the app’s capabilities. There is no information on their current or past headquarters. We also don’t have any information on the background and history of the developer. For all we know, this could be another recycled online trading robot with another name.
Comments from users
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Another problem with fx secret immortal is there are not a lot of comments from users. We find it hard to believe that a company claiming to start operation in 2009 has no interaction with users. Most online trading forums in America and Europe have no chatter in regards to the platform. And this means that the product was not received with open hands. It is probably the lack of information on the website that lets the developer down. There are a few comments on other review sites that are pessimistic.
Domain tools checker
Information on when precisely the platform was registered is missing from the platform. And this means that the website could have changed ownership over the years. Our investigation reveals that the website has made over eight changes over the past eleven years. The website could have been used to peddle other forex trading products. It also means that the current owner is not the guy who started the website. Online scam artists work hand in hand to recycle robots and sell them in different jurisdictions. We uncovered that their servers are located in Germany.
Features of FX Secret Immortal
Even though they claim to use three strategies, we found out they employ a grid/scalping program. There is no information on how the three strategies work or their names. We uncovered the strategy thanks to a question answered by the developer on myfxbook. The price of this robot is high, as it goes for $549. When you look at other capable and proven products, you will notice the price is high. The developer wants to take advantage of unsuspecting investors, and we have to expose it.
Pros and cons of FX Secret Immortal
Available statistics
FX Secret Immortal is claiming to have a drawdown of 65 percent. The claim can be seen at their homepage, where the developer uses backtests. These developers claim that the platform makes an impressive profit. There is no one in the entire trading community that has come out with proof of this. And this is a dangerous claim to make mostly when users start complaining of making losses. The developer fails to mention the accuracy level of this robot, which is another problem.
Contact and support
We could see that the platform is not interested in communicating with users. After sending emails for three weeks, we still have no response. The contact page has a message board with no return address. There is no phone number listed on the platform to help users contact support directly. For those who face installation problems, they are left to solve it on their own. It is a massive problem for newbies who don’t have a clue about what to do with such robots. Communication is essential, and the developer should do a better job.
Results and trading performance of FX Secret Immortal
FX Secret Immortal is furnishing users with a single myfxbook account, which is updated frequently. The records show that trading started on May 27th, 2013, and offers a gain of over 7500 percent. With more than a decade of trading, the robot has made over 2,000 trades. There is a risk-reward ratio of 1:1 and an average win of 46 pips. When it comes to the average loss ratio, the results show -45.80 percent. The system can grow quickly and also suffer huge losses. There is a high chance that users will not be able to recover any losses with this robot.
Scam or legit FX Secret Immortal
There is a huge possibility that the platform is a scam. FX Secret Immortal is not licensed or regulated by any official body. Even though the developer has precise trading performance results, the risk is way too high. There’s a high chance that traders will lose a substantial amount before making any meaningful profit. It means that the vendor is lying when he states that the robot is highly profitable. With no one coming out praising the robot, we have to be extra careful with the platform.
Bottom line
We won’t be recommending this platform as it fails to show any promise. The risks involved are high, considering that most users will be looking to make a profit. There is no need to lose your money with such robots when the market offers credible tools.
Make the informed decision today and sign up with real forex trading robots. With transparency being the core of these tools, they guarantee safety for your investment. What are you waiting for? Make the right move today.
We wish all investors a happy and prosperous trading experience.