AspexFX is an expert advisor that was introduced as a solution that makes us profitable on the Forex market. The presentation avoids telling us about features and details about how the system generates profits.
There’s an offer that includes two packages on the board. The first pack includes one real account license and unlimited usage. We can buy it for $499. The second one is available for $899. The service does not support any kind of refund policy.
AspexFX trading strategy
- We can work with a strategy that simply follows trends.
- There are also recommendations that GBPUSD and GBPJPY are the main pairs.
- The only time frame is H4.
AspexFX features
The advisor has a few details about performance explained.
- The system can cover us with the automatic order execution on our terminal without a need to do anything.
- We can trade on the MT4 terminal.
- The system can be set up within several minutes.
- The risks can be customized by us.
- We can calculate lot sizes to fit our trading style.
- The system pays attention to the margin we have.
- The win rate can be as high as 90-95%.
- We are allowed on any time frame that we want.
- The system provides trading with low risks, high profit, and consistency.
- The devs have been working since 2017.
- The owners have proper experience to design the system properly.
AspexFX backtesting results
The presentation doesn’t include backtest reports that would help us to understand how well the robot was tested and what results it could achieve working with the broker-provided tick data.
AspexFX live trading results
We have a profile that was verified by MQL5. The system works automatically on a real account that was deposited at $24,201 by the devs. The broker is SuperForex and it’s rarely used. The devs choose the leverage as 1:500. It works with sky-high drawdowns, 93.5. The maximum deposit load is unfriendly, 749.1%. The average win rate is 81.6%. The absolute growth is 29.43%.
The robot opens 10 deals weekly on average. The average holding time is 16 hours.
We may note that aggressive trading had brought huge losses.
The advisor keeps experimenting with trading with huge lot sizes.
The robot executed 441 deals. The best trade is $4531 when the worst trade is -$26850. The recovery factor is 0.10 only when the profit factor is 1.07. The good robot must have over 1.6. An average monthly loss is -62.71%.
We have GBPUSD (228) and XAUUSD (195) as the most traded pairs.
AspexFX reputation
There’s a profile of AdpexFX on Forex Peace Army created. We have a single review and two accounts blown in the past.
This former client mentioned that he lost an account in the past.
AspexFX review summary
- Strategy – score (3/10)
- Functionality & Features – score (5/10)
- Trading Results – score (3/10)
- Reliability – score (3/10)
- Pricing – score (4/10)
AspexFX works with high risks on a real account with below average success. The system doesn’t show stable performance that would attract people’s attention to it. The presentation looks short and the advisor is truly overpriced. We’d like to see better performance and more positive feedback.
