Vortex Trader PRO Review Does It Work

Vortex Trader PRO EA Review - Is it scam or decent trading platform?

Vortex Trader PRO automated platform drawn our attention among the very popular trading systems around myfxbook, which cannot be followed right through the site's Autotrader service. We found it to be strange and chose to inquire into the system.

Plan

The trading strategy behind Vortex Trader PRO is not described in details by the developers. They do cite it isn't a scalper, martingale nor grid-based system. Our evaluation of the current trading history indicates the system closes profitable trades fairly fast, while winners are allowed to run farther. That is contrary to antique trading signs, which orders you should do exactly the opposite.

The stop-loss amount seems to be put at 110 pips for most trades, while the lucrative trades are closed considerably sooner. The first take-profit amount is set in 20 pips, with a vast majority of transactions being closed sooner.

From a purely instinctive standpoint this kind of system should go bankrupt rather fast. However, if you are able to register far more winning trades than winners, things may work out. This is the most unique part of the system you will find lots ow inning trades, although some of them barely cover the spreads.

Historical Performance

Vortex Trading Pro has been listed on myfxbook because April 2013, while being traded over a live account with Synergy FX. Returns that were astounding have been gained by the machine. That being said the system has suffered since October 2015.

The trick to Vortex Trader PRO's success is the large number of lucrative trades -- 89 percent. This is typical for some scalpersgrid systems, which finally go bust every time a huge market move happens. This system does not seem to be among these kinds of EAs particularly, but still feels insecure.

Vortex Trader PRO's gains utilized to increase fairly easily around October of 2015, as indicated by the chart below.

Vortex Trader Pro profit

Drawdown is fair, with the highest being 27.67 percent. That said it's systematically stayed at greater levels since 2015.

Vortex Trader Pro drawdown

The typical pips per trade will be 4.74, which is above our minimum recommendation of 3 pips. That said, because the system often closes winning trades prematurely, slippage can turn round the results fairly quickly.

We must mention, Advances have been made with this system, which might slightly alter some of the stats in myfxbook. Also keep in mind, that past performance does not guarantee future results.

Pricing

As we mentioned in the beginning of the inspection, this system can not be followed at myfxbook. The site that's selling it seems pretty much like the ever-popular scamming websites. On the other hand, the results in myfxbook have been verified, which leads us to believe the deal is valid.

Bottom Line

We would not recommend investing in this program, at this point in time. From a purely results-based standpoint, it's fought since 2015. Further more its entire concept feels very risky, though it has worked in the past. Maybe if the programmers were a little more open about their approach, they'd have gained more credibility.