The Aurum EA is an automated trading bot created by CashMaker. It works well GOLD (XAUUSD), EURUSD, USDJPY, GBPUSD, USDCHF, GBPJPY and AUDJPY. It is compatible with both MT4 and MT5.
According to its developers, it is profitable thanks to an effective strategy and has minimum risk. They also ascribe this profitability to the risk-free Stop Loss trading techniques. The product presentation states that it has a 98% success rate.
There are two payment packages:
- Optimal, which goes for €249, and Economy, which goes for €199. With the Optimal package, you can create an unlimited number of accounts, get unlimited licenses, detailed instructions on how to install and use, and online support.
- Economy. With the Economy package, you can create only one account, get one license, detailed instructions on how to install and use, and online support.
Both packages come with a 14-day money-back guarantee.
Aurum trading strategy
The bot employs a trend trading strategy. This strategy constantly monitors the direction of the trend and trades only in the direction of market movement. The bot chooses the best moment to make trades. This is when quotes have rolled back against the trend. As a result, each trade will have high profit potential and a low risk of loss. It also employs a Stop Loss strategy for each trade to avoid large losses.
Aurum features
- Uses a protective Stop Loss order
- Employs an effective trend strategy
- Low minimum deposit of $100
- High monthly profits of more than 50%
- No martingale or other risky money management techniques
Aurum backtesting results
There are no backtests that could in any way be called valid for Aurum. The only report offered by the software creators is the picture of incredible profit growth from $3000 to $7 million.
There is also a link to download the results, but once downloaded, there is no way to access them. Without this final report, it’s not possible to tell if it ever existed at all. Thus the performance of the bot remains unknown.
Aurum live trading results
The performance presentation on the site seems outdated. The trades ran from 4th April 2016 to January 21st, 2022. The initial deposit was $500, which yielded a profit of $12,029.58. The daily average gain was 0.15%, and the monthly average gain was 4.64. The drawdown was 13.26. The screenshot was inconclusive because it did not provide key metrics, for example, the profit factor.
We could not find any trading results on third-party websites like FxStat, FxBlue, Myfxbook, and Forex Peace Army. The only account on Myfxbook that bears the same name is unverified and shows a totally different growth curve.
Aurum reputation
The Cashmaker firm is the company behind Aurum EA. Through its online store, the company offers automated and manual trading tools. It is also behind Machine EA, Cosmonaut FX, POWER EA, ZEUS EA, ANGRY RABBIT, and CLASSICUS EA. We couldn’t find any other information on the company, such as its founding year, team members, location, or other details. The absence of vendor transparency makes it challenging to determine the product’s reliability.
User reviews
Aurum’s home page has a customer review section. The reviews seem schemed, and they have no supporting screenshots. Unfortunately, there are no customer reviews on third-party platforms like TrustPilot. Therefore, we cannot determine the legitimacy.
Aurum review summary
- Strategy – score (6/10)
- Functionality & Features – score (5/10)
- Trading Results – score (4/10)
- Reliability – score (2/10)
- Pricing – score (5/10)
Aurum is a fully automated EA that promises monthly profits of up to 100%. It can trade most major currency pairs as well as gold (XAUUSD) and uses a trend-following strategy. It is fairly priced and offers a 14-day money-back guarantee. The vendor provides backtest results on the official site, but the file is inaccessible. This means we can’t verify its profitability. The only available live tests on the platform are screenshots of inconclusive and outdated tests. Unfortunately, we couldn’t find live trading results on authoritative third-party websites either. This means we have no way of determining the performance of this robot.
