Today’s review will be about an all-new arbitrage software called AutoARB. It was released under a LeapFX brand. From the promo, we know that the AutoARB allows making “Free Daily Profits on the MT4, MT5, and Binary platforms.
As usual, there are two packages of the product. The first one is a Lifetime Membership Payment Plan that costs $297. We don’t know what “2 Equal Monthly Payments” means. Usually, in this column, there’s a one-year subscription. The Lifetime Membership pack costs $497, and this is a “one-time payment never pay again.” Both packages have the same features: Auto Arb and Auto Close software, free updates and upgrades, welcome support, and the best recommendations. We can rely on a 30-day money-back guarantee.
From this block, we know that there’s a user manual as well.
AutoARB Trading Strategy
Arbitrage is a forbidden and illegal strategy for almost every single broker. Its main feature is that there are two real ECN accounts connected to the one software. One account is run on the lighting-quick broker like IC Markets. The other one works on the very slow broker. The main goal is to see where the market goes on the quickest broker and place an order on the slowest one to make a short profit. Using this knowledge, you’re able to increase your account five-ten times during a several-hour trading session. Of course, the brokers fight against this.
AutoARB Features
Let’s talk about the software’s features:
- It trades fully-automatically for us.
- The system can hide under the Stealth system. So, the broker will think these deals are traded manually.
- It trades Forex, CFDs. Crypto, and more.
- The software allows trading from MT4, MT5, Stocks, Indexes, CFD, and Binary Options.
- There’s auto click technology on the board.
- It works on unlimited accounts.
- There’s a well-designed and easy-to-use user interface.
- We can trade with huge Lot Sizes as frequently as possible, knowing where the market goes in the next milliseconds.
- Arbitrage trading truly has a little chance of losing the account balance or even a significant part of it.
- We’ve got a clear explanation for beginners of what Arbitrage trading is.
- It executes order lightning quickly, not using a terminal, but only the terminal’s protocols.
AutoARB Backtesting Results
This type of software doesn’t have backtest reports naturally because it doesn’t use any terminal-oriented strategies that require to get proper and consistent data from MT4 indicators like RSI, Moving Average, and others.
AutoARB Live Trading Results
The presentation is featured by several videos where the developer made big auto trading profits. Is it possible? Yes, it is. Well-designed software can do it easily. The user interface shows how much we made on each currency pair and closed deals in the right frame. We can trade manually, clicking on orange or green buttons, or just follow the system.
LeapFX has many Arbitrage accounts on myfxbook profile. On this one, the software could make 46171 EUR from 100 EUR. The developer was lucky and got approval to withdraw the account.
It’s another real account that was attached to arbitrage software, successfully traded, and withdrawn.
The developer provided over a five-year-old statement from an IG broker about an account balance, but we see no profits or losses on the proper line.
AutoARB Reputation
As for a veteran trader that was able to develop AutoARB he has little experience in Forex-trading.
Arbitrage opportunities will be all the time until the brokers exist. It’s for sure.
AutoARB Review Summary
- Strategy – score (7/10)
- Functionality & Features – score (9/10)
- Trading Results – score (6/10)
- Reliability – score (8/10)
- Pricing – score (10/10)
Conclusion
AutoARB is a very acceptable arbitrage software. An average arbitrage based robot can cost up to $15000 or even $20000-$25000. AutoARB offer costs $497 with a 30-day money-back guarantee. Usually, arbitrage software doesn’t have a money-back guarantee because a customer can make money for several hours and ask for refunds. The functionality looks not the best one we’ve ever seen, but for this pricing is a good number of features. Arbitrage strategy is a risky strategy because it’s so sensitive to the market conditions, software executing speed, VPS service, ECN account, and many other factors. You have to take this into account before starting trading with Arbitrage software.