The Money Tree Robot assures high monthly profits. As per the vendor, the robot generated a profit of more than 700% in 3 months. The system is easy to use. So, traders with no prior experience can trade with it.
To buy this FX EA, you need to choose from the two available plans. One is an annual membership plan priced at $597 per year. The other is a lifetime membership plan priced at $899. Each package includes free updates, customer support, and a 30-day money-back guarantee. When compared to the market average, we find the pricing is expensive.
The Money Tree Robot trading strategy
As per the vendor info, this FX robot does not use the grid or hedging methods. It uses a low stop loss. However, there is no mention of the strategy used or an explanation of the approach. The lack of a strategy explanation prevents us from making a proper evaluation of the system.
The Money Tree Robot features
The key features of this FX EA that make it competitive as per the vendor are:
- It has a win rate of more than 90%.
- The FX robot can work on 15 currency pairs.
- Using this EA will not expose your account to high risk.
- The money management features include a low SL.
- This FX EA is prop firm and NFA compliant.
- Beginner traders will find the system easy to use.
- It is 100% automated freeing you of the hassle of monitoring the market constantly.
- The system is designed to generate a high average monthly return.
- On an average, the trades executed by the robot last less than 5 hours.
The Money Tree Robot backtesting results
We could not find backtesting results that help provide a better insight into the system. Backtesting is done on historical data hence the test does not predict the future performance of the EA. However, traders prefer the backtests as they help in knowing about the strategy and its efficacy. The lack of backtests raises doubts about the system.
The Money Tree Robot live trading results
A real live USD account is present for the FX EA verified by the myfxbook site. The account using the Blaze Markets broker and the leverage of 1:200 on the MT4 platform is shown here:
From the above stats, it is clear that the system has generated a high profit of 1045.16% with a daily profit of 1.85% and a monthly profit of 73.65%. A drawdown of 18.79% is present. For a deposit of $1000, the account that started in February 2022 has completed 220 trades with 90% profitability and a profit factor of 2.87. The information on the lots (difference, size, etc.) is hidden which raises suspicion about the reliability of the system. While the monthly profits are high, the hidden info reflects poorly on the system.
The Money Tree Robot reputation
The LeapFX company is promoting this product developed by Cory Ross. We could not find further info on the developer, his experience and expertise, location, etc. The LeapFX company specializes in automated FX robots, managed account service, brokers, and virtual private servers. Other FX robots of the company are AX Trader, Stealth Trader, Dynascalp, Automic Trader, and more.
Unfortunately, we could not find user feedback for the FX EA on reputed third-party sites such as Forexpeacearmy, Trustpilot, etc. However, we found reviews for the LeapFX company on the Forexpeacearmy site. A total of 18 reviews are present with a rating of 2.91/5. From the recent feedback, we find the users are not satisfied with the company’s products.
Customer support
For support, the vendor provides an email address and an online contact form. Skype and Telegram links are provided on request.
The Money Tree Robot review summary
- Strategy – 3/10
- Functionality & Features – 4/10
- Trading Results – 5/10
- Reliability – 4/10
- Pricing – 3.5/10
The Money Tree Robot claims to provide a high monthly profit with its effective approach. However, we could not find info on the strategy and there are no backtests present to provide an insight into the system. Live verified trading results are present. The profits are high and the drawdown is low but the hidden info on the lots looks suspicious. Other shortcomings we found in this FX EA are the expensive pricing and the absence of user reviews.
