To get access to the presentation of The Fund Trader, we have to provide our email for their spam. You are allowed to provide a fake one.
The Fund Trader is an advisor that was released by the LeapFX company. They are well-known EAs designers. The main claim informs us about “Verified 29,000% Profit Brokerage Statement & Invites You To Copy His Trades In Your Account So You Too Can Enjoy His Future High-Yield Returns!”
There are two common LeapFX offers. The first one is three-month membership that costs $297. The last one is the annual membership for $597. The packages have the same features: The Fund Trader Auto Software, free updates, customer support, best recommendations, and a 30-day refund policy.
The Fund Trader Trading Strategy
- The presentation doesn’t disclose information about a strategy or strategies behind the system.
- It can trade 18 pairs and Gold.
- We don’t know what time frame is uses for trading.
The Fund Trader Features
There is a wordy presentation with a few details explained:
- This is a fully automated trading solution.
- The robot doesn’t use Grid or Martingale strategies.
- The system doesn’t require additional knowledge.
- We can start with a little-deposited account.
- The presentation is one big hype.
- There’s a 30-day money-back guarantee provided.
- There are only 100 spots available.
The Fund Trader Backtesting Results
LeapFX has never provided backtest reports to its presentations. It’s a huge con because we can’t check how the robot worked on the past data to compare it with the present results.
The Fund Trader Live Trading Results
The robot has been working on the real USD account on the MultiBank broker. The advisor trades automatically with 1:100 leverage on the MetaTrader 4 platform. The account has both verified trading privileges and a track record. The account was registered on July 27, 2016, deposited at $39,542, and withdrawn at $99,003. Since then, the absolute gain has become 94,998.74%. Thirty-seven people track the account.
There were 731 deals with 35,552 pips traded. An average win is 74.65 pips when an average loss is -78.69 pips. The win rate is 84% for Longs and 81% for Shorts. An average trade length is almost six hours. The profit factor is 4.37.
The most traded symbol is CHF/JPY – 106 deals when the most profitable is Gold – $53,354.
The system focuses on trading during the European trading session.
Wednesday (183 deals) is the most frequently traded day.
The robot works with medium risks to balance. It has to lose only 24 deals to lose 10% of the trading account.
The system uses a Grid of orders in trading. We can also notice that the robot uses different Lot Sizes for various currency pairs. In addition, the system uses x4 Martingale.
The robot started trading aggressively. If we can’t afford this level of risk, the monthly profit can be 2.16%, like it was in February 2021.
The Fund Trader Reputation
There are great words, but no links were provided. Is this person real? There are no inks on FB, MQL5, Twitter, Instagram…No social network that would help us to know who he is.
The Fund Trader Review Summary
- Strategy – score (2/10)
- Functionality & Features – score (2/10)
- Trading Results – score (7/10)
- Reliability – score (2/10)
- Pricing – score (2/10)
Conclusion
The Fund Trader is a system that was not introduced at all. The presentation focuses on the emotional side instead of the professional one. The developers tell us nothing about strategies, involved risks, and details. Is the system a robot or just a copy-trading software? If we don’t like trading with insane risks, what profits should we expect? Trading results showed us facts that there are Grid, Martingale, High-Risk trading, and so on. Median profitability is approximately 7%. The service is subscription-based, so they may decline to refund if we ask for it. We couldn’t find any sign of feedback from clients on Forex Peace Army and Trustpilot.
