Launched in 2016, 1000pip Climber System is still working and offering its services to the public. This is probably the #1 reason why we have decided to write this review and analyze the effectiveness of this trading system to compare it with previous years.
1000pip Climber System’s regular pricing is $299, but now the devs offer a huge discount, and everyone interested in this trading software can buy it for $97 (this discount will end on October 31). Oddly, but the team behind this EA does not offer a free version.
1000pip Climber System Trading Strategy
Jim tells us all about his product but fails to share any in-depth details about its trading approach. What we know is that the 1000pip Climber System is easy to use and is 100% rule based, using
The information we see on the website is too small to go on and determine whether it is a good option for traders.
1000pip Climber System Features
We are told that the system is characterized with an “exceptional performance” based on the following data:
The devs also add that this trading tool:
They want us to know that:
The team behind this software claims that their product is a good choice even for inexperienced traders because the software is 100% automated, easy to use, and ensures high take profit values.
1000pip Climber System Backtesting Results
The developer does not share any backtesting results on their website. Jim only claims that his software has generated over 20K pips in 3 years of trading. However, we do not see any source provided on their website to check out this information.
They share a performance section where they provide 3 different images that show the trading performance of this software on 15 min, 1 hour, and 4-hour timeframes:
Although we appreciate that Jim provided this sort of important data on their website, we cannot 100% trust this data, as it cannot be verified.
1000pip Climber System Live Trading Results
It is a good sign that the team that stands for this trading system provides myfxbook results on their sales page. However, the account we see on their website has not traded for over 2 years:
It was created on October 26, 2017, and from that time to January 19, 2018, it has obtained a gain of 36.55% with a monthly gain of 11.52% and a peak drawdown of 4.72%. So, the account provided on the official 1000pipclimbersystem.com website has run less than 3 months and discontinued trading more than 2 years ago.
If the developer wants to compete in this highly competitive Forex market, he needs to pay more attention and time to his product update. Most developers provide live trading results on their sales page to prove the effectiveness and profitability of the products they offer. We advise the dev to update their website content and provide active myfxbook results on their sales page. Otherwise, nobody will be interested to invest funds in this system.
1000pip Climber System Reputation
Although this software is available in the Forex market for over 4 years, there is very little to no information about its developers or what trading experience they have in the Forex marketplace. The one thing we know is that the service is coded and owned by so-called Jim. Who is that Jim? What is his surname? Why is there no social media contacts provided to get in touch with the developer? That being said, it makes it difficult to conduct additional research and find out what trading history this vendor has in the Forex marketplace.
There is no information about their headquarter location. To contact 1000pipClimberSystem support, traders need to email [email protected].
1000pip Climber System Review Summary
- Strategy – score (0/10)
- Functionality & Features – score (6/10)
- Trading Results – score (3/10)
- Reliability – score (3/10)
- Pricing – score (7/10)
Conclusion
Because of a lack of vendor transparency, detailed trading strategy insight and discontinued myfxbook results, it is impossible to decide whether 1000pipClimberSystem is a good choice for traders. We would like to see active myfxbook results to go on with our review and analyze this trading software from A to Z. Until now, we cannot recommend 1000pipClimberSystem to the public.
