FXSecret Immortal EA Review Is Fx-secret.com Legit

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FXSecret Immortal EA Review: Is Fx-secret.com Legit?

Fx-secret.com Review: this is the website of a Forex Expert Advisor or forex robot that offers automated trading. Is FXSecret Immortal legit or scam? Forex robots sound very pleasing as they come in handy but not all of them work well. Read this review to find out more about the product.

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What Are Forex EAs, Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions.

It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.

FXSecret Immortal EA Review

FXSecret Immortal EA is created by a private community of successful traders giving automated trading solutions. The company, FXSecret, was established in 2020 but the team has been creating robots since 2009. It is a balanced and well-functioning EA using three different systems to trade.

How FXSecret Immortal EA Works

Like we mentioned in the beginning, the EA makes use of 3 trading systems that can be set up in the settings of the robot. It calculates lot sizes automatically as well as StopLosses based on the risks specified in the settings. The FXSecret Immortal robot uses an improved algorithm that allows it to provide reliable and profitable results.

The algorithm helps traders diversify the risks and use the many trading strategies to adjust to the ever-changing market situations. It works well with the EURUSD currency pairs on a 1-hour time frame. FXSecret Immortal EA works properly with all Forex brokers.

Clients using the trading robot should have in mind that they are to have at least $1400 in their account for reliable trading and $700 for aggressive trading. All the trader needs to do is set the parameters, scales, and limits of their transactions and the robot will take over and handle transactions. Unless the robot is turned off, it 24/5 non-stop, without missing a trade.

Features of FXSecret Immortal EA

• Combo of 3 different strategies
• High profitability
• Drawdown control

FXSecret Immortal EA Price

1 License – $549

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The purchase allows traders to change accounts online an unlimited number of times. The setting is easy to set up and 24/7 lifetime support is available.

Client Feedback

As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.

We couldn’t find much on client reviews on other websites, but there are no negative reviews and we think traders should be aware of this.

Support

If you want to reach this vendor, clients are required to fill the message form provided on the website.

Conclusion

We found the information presentation quite professional and encouraging. The pricing is high when we compare FXSecret Immortal EA to other robot vendors. Results are provided on MyFxBook and interested clients should check this out. No reviews from clients on other sites is available yet. Anything to add to this review? Use the comment section and share your thoughts.

FXSecret Immortal EA Review

Table of Contents

How good is FXSecret Immortal?

As we can see from the box, the robot has been designed in 2020 and got 3 strategies on the board. FXSecret has been introduced as a “private community of successful traders that provides the best-automated solutions for trading on Forex Market”. The company has been established in 2020, but a robot design has been started in 2009.

The devs told that the robot has combined three systems, but there was nothing about patterns or strategies behind them. They told, “It is possible to choose in the settings of the EA whether to use all three systems or a certain number of them if needed.” For us, it’s nonsense, because how do people decide that one of the strategies doesn’t fit them? By a number of the strategy?

The devs explained these fails by they’ve improved well-worked algorithms. It’s a lie.

The robot designer said “Now that we are confident and sufficiently convinced … we are ready to offer this combo system to you. … and the results of its trading you can see starting from April 2020.”

Just take a look at this madness. It’s an impossible level of risk.

The minimum deposit for “reliable” trading should be $1400. For aggressive trading, it’d be $700.

FXSecret account trading results

First of all, it’s noticeable that they use the Cent account instead of a real USD one. The robot provides just 5.34% of the monthly gain with max drawdown 65.84%. If they traded with leverage that would be zeroed an account. FXSecret Immortal trades through Forex4you broker on the MetaTrader 4 platform.

There have been performed 2107 deals with 2141 pips. The win-rate is impossibly low and equaled 53% for longs and 50% for shorts. So, here’s the question. What strategy we should disable to increase the win-rate: the first, the second, or the third… or it would be better to turn off all of them and don’t buy the robot? The profit factor is 1.13.

The EA focuses on trading the EUR/USD currency pair.

As we can see from the chart, some of the hours have got very low win-rate.

Once again, it’s the risk of ruin intel.

The last performed trades have been two weeks ago.

The robot trades completely unpredictably.

Pricing

FXSecret Immortal costs $550 and provides us with one license for the real account, changing account online unlimited, settings for easy set up (what does this mean?), and lifetime support 24/7.

FXSecret Immortal Robot Summary

  • Real account trading results
  • One currency pair trading
  • No strategies explanations provided
  • No settings explanations provided
  • No backtests provided
  • No money-management and news filter settings explanations provided
  • Very weak trading results
  • Completely unpredictable trading results
  • Trading with an extremely high risk
  • Extremely low win-rate
  • Extremely low “profit factor”
  • Extremely high max drawdown
  • The robot can easily lose 7 trades in a row
  • One currency pair trading
  • Overwhelmingly high price
  • No money-back-guarantee provided
  • No demo accounts provided
  • No people feedback across the web
  • No free updates

The list of the cons told for itself. We can see the robot that should be paid $550. High-risk trading with no leverage on the cent account is not a thing that should convince us to buy a robot. It a completely unpredictable bad-designed robot. The last results showed that 7 deals can be closed with losses, but one with increasing lot size can cover the loss, but, oh man, it’s not smooth trading. The devs provided no demo accounts, so, we won’t even try it, as well as, there’s no 30-day money-back guarantee for us to be covered.

FX Secret Immortal Review

FX Secret Immortal

Price

Strategy

Results

Client Feedback

Transparency

  • Myfxbook verified results
  • Professional website

  • Poor client feedback
  • Risky strategy
  • High price

FX Secret Immortal is a new automated trading software that was supposedly created by private community of successful traders, who claims to be established in 2020 and have been generating expert advisors since 2009. There are no much information about who they are and where they are operating their Forex robots.

There is no contact phone number but you can reach to them via a contact form at the FX-Secret.com webpage.

FX Secret Immortal Review

FX Secret Immortal is a Forex robot offering to trade one single Forex pair, EURUSD. They are selling only one license which they said comes with a combination of 3 strategy, high profitability and drawdown control. The price for a license is $549 and you will get lifetime support, settings for easy setup, and possibility to change account online unlimited number of times. There is no free testing service.

Free demo accounts offer you a chance to test a forex expert advisor performance. These accounts let you use virtual money to make trades and test strategies. best Forex EA’s demo accounts let you enact all the important trading functions, including setting up alerts and creating stop-loss orders.

The EA requires a minimum deposit of $1400 for reliable trading or $700 for aggressive trading. Most forex robots costs within $100 – $250 as a start, and some go even lower. For example, leading automated trading software DaxRobot, cost is free and requires a minimum initial deposit requirement of $250.

In the good side, we can see that Ghost Trader EA is recommending an intraday time frame, H1. Intraday Timeframe have advantages which include lots of trading opportunities, less chance of losing months and no overnight risk. But you should consider that the transaction costs will be much higher (more spreads to pay).

Trading Strategy

During our check on FX Secret Immortal robot, we saw that they did not provide much insight on the software trading strategy. They only marketed that it works with a combination of 3 successful strategies. However, we were able to understand that the software strategy is a mashup of grid trading/night scalping.

The Grid trading is a type of trading strategy that profits from the sideways as well as trending market conditions. In the simplest of terms, Grid trading involves hedging, or placing simultaneous buy and sell orders at certain levels. It’s worth noting that grid trading is risky, and generally not a trading strategy that we prefer because of how often it can blow up accounts.

EA Breakdown

  • Type: Forex Robot
  • Price: $549
  • Strategy: Grid/Scalping
  • Timeframe: H1
  • Pairs: EURUSD

Client Review

We could only find a single client review of the FX Secret Immortal on a popular Forex forum, see below.

Trading Result

There is a single Real USD Cent verified Myfxbook account with the Forex4you brokerage. FXSecret Immortal trading account started trading May 27th, 2020, and is showing a gain of over 7500% with a drawdown of 65.84%.

FX Secret Immortal trading statistics drawn directly from mfxbook

Compare FX Secret Immortal

Try robots which are backed by the trading community, see here.

DaxRobot is currently the most popular CFD and Forex automated trading robot, that was designed by European software, see more. There are no actual trading result because the variable are too numerous. Signup for a free demo at daxrobot.com.

If you are using this FX Secret Immortal let us know how it performs with you below.

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