Is the EA authenticity in the market that ensures customer revenue?

Jul 15, 2019 at 09:56
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5 Replies
Member Since Jul 04, 2019   10 posts
Jul 15, 2019 at 09:56
Many EA promoted by Forex brokers can guarantee the interests of customers. Is this promotion method correct?
Member Since Jul 05, 2019   12 posts
Jul 15, 2019 at 11:25
There are no guarantees with any EAs. Most will fail in the end
Member Since Apr 18, 2017   718 posts
Jul 23, 2019 at 16:27
CrackedMic posted:
There are no guarantees with any EAs. Most will fail in the end

That’s the reality! Maybe only few EA developers can make money here! But in a long run, with a trading EA only it’s quite difficult!
Member Since Feb 22, 2011   4862 posts
Jul 24, 2019 at 07:51
Ammy2323 posted:
Many EA promoted by Forex brokers can guarantee the interests of customers. Is this promotion method correct?

EA is a program. Such program can be written by almost anybody. It does not guarantee anything.
Look for long term account results instead. If you see trading account with stable results for years there is higher probability it will work in future.
Member Since Jul 25, 2019   10 posts
Jul 25, 2019 at 09:28
Guarantees are worthless all they mean is that if you do not get what is promised then you will get a refund. Say you Buy an EA for $100 and lose $10,000 using it, the EA developer will not give you $10,000 back, at most you will get $100
Member Since Apr 18, 2017   920 posts
Jul 29, 2019 at 13:53
TitusD posted:
Guarantees are worthless all they mean is that if you do not get what is promised then you will get a refund. Say you Buy an EA for $100 and lose $10,000 using it, the EA developer will not give you $10,000 back, at most you will get $100

That’s the reality! And this is why I prefer manual trading; at least I can analysis on my own trading fault!
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