Sinry Advice team has several robots in their portfolio. One of them is MG Pro EA which’s “The Most Profitable Forex Robot.” They forgot to write something like “ever existed.” Let’s check it up.
MG Pro EA: Characteristics
There’s a list of the robot’s characteristics:
- MG Pro EA is an automatic trading solution.
- It’s the most profitable software of Sinry Advice.
- It works well trading with default settings.
- The monthly profit can be up to 10%.
- The system is designed for trading with low risks.
- We have to send an email about our real account number to get approval for starting trading.
- We’re suggested to use a VPS service for trading all day every day.
- We have to have $500 on the account for trading with a 0.01 Lot Size.
- The deals can be closed manually after reaching 15-20 pips.
The system looks like that when attached to the chart.
Currency Pairs, Strategy & Timeframe
- The robot trades Price Action and Trend trading strategies.
- It works with AUD/CAD, CAD/CHF, NZD/CAD, EUR/USD, and USD/CAD currency pairs.
- It works on the M5 time frame.
MG Pro EA Trading Performance
The company didn’t share with us backtest trading reports. So, we have doubts if the system was well tested before release.
MG Pro EA works on a real USD account on LiteForex, using technical indicators. It trades automatically with 1:200 leverage on the MetaTrader 4 platform. The account has a verified track record and trading privileges verified badges. It was created on September 25, 2020, and deposited at $507.17. Since then, the absolute gain has become +85.59%. An average monthly gain is 11.65%. The maximum drawdown is 18.17. One hundred twenty traders track the account.
It has traded 606 deals with 6145.6 pips. An average win is 24.84 pips when an average loss is -19.25 pips. The win-rate is 67% for Longs and 65% for Shorts. An average trade length is one day. The Profit Factor is 2.14.
As we can see, the most traded currency pair is USD/CAD – 158 deals, but the most profitable is EUR/USD – $134.08.
The robot trades a bit during Asian, European, and a bit American sessions.
As we can see, Friday (100 deals) is the less traded day.
The system works on the account with the lowest possible risks.
The robot is profitable without Martingale.
All 2021 months were closed with profits.
How much does it cost?
MG Pro EA has a $288 offer. The original price was $450. There would be a 14-day money-back guarantee only if the robot wasn’t profitable. It’s bad because we can rely on 30 days to check it live. We probably will have free updates, upgrades, and support.
Reviews from customers
There’s no profile of the MG Pro EA on Forex Peace Army.
The presentation includes reviews with a 4.9 total score.
Almost all reviews are positive. It’s impossible because, usually, there should be many more people unhappy. As well, there are no positive testimonials on Forex Peace Army or Trustpilot sites.
Should You Use MG Pro EA?
|Strategy explanations provided||No team revealed|
|Real account trading results provided||No settings explanations provided|
|The robot is sold with significant OFF.||No backtest reports showed|
|The robot trades only half a year|
|We can switch real accounts for free|
|Support is unprofessional|
|We have only a 14-day money-back-guarantee|
MG Pro EA is a robot that uses a conservative Grid of several orders without Martingale. The system provides stable results for half a year. Alas, there are many cons. First, there are no backtest reports. Second, there’s only a 14-day money-back guarantee. It’s a few to be sure the robot fits our expectations. There are no positive testimonials on the web.