Golden Million is a trading advisor that is sold on the MQL5 market. The presentation includes information about what we can expect from the robot’s performance. So, we have decided to take a closer look at it and what we can achieve with this EA.
Golden Million trading strategy
- We don’t have information about the strategy on the board.
- The system works with Gold only.
- We can open orders on the H1 time frame.
Golden Million backtesting report
There’s a report for XAUUSD. The history quality was 98%. An initial deposit was $1,000 that became $80,720,861 of total net profit. The maximum drawdown was 16.94%. This level of possible drawdowns is acceptable. The profit factor was 12.25. Golden Million has traded 1252 deals with the accuracy being 92.61% for short and 91.99% for long trades.
Golden Million live results
The portfolio includes four accounts with signals. Now, we have only one and it’s not the Golden Million. It’s a huge con because the MQL5 platform provides all opportunities to share the trading results with people. It doesn’t seem right. Usually, developers do their best to published actual trading results to grow a level of trust between us and their products.
Some features of Golden Million
The system has various features revealed and explained. We have systemized them in the following list:
- The robot allows us to get our trades on a real or demo account executed automatically.
- We can execute deals on crypto, Forex, and other financial markets.
- The developer has to have over 15 years of trading experience.
- He managed an account with over several millions assets on the market.
- The owner will be able to decide to stop selling the system for new clients.
- He forms a private club for the robot owners.
- The gained profits can be stable.
- The only pair to trade is Gold.
- We can set the system to trade within several minutes.
- There’s a possibility to customize the risks properly.
- The core time frame to trade is H1.
- We should use the system on a Hedge account type.
- The leverage should be over 1:100.
| Total return | N/A |
| Maximal drawdown | N/A |
| Average monthly gain | N/A |
| Developer | Aleksei Bordak |
| Created, year | 2021 |
| Price | $199, $399, and $499 |
| Type | n/a |
| Timeframe | H1 |
| Lot size | N/A |
| Leverage | 1:100 |
| Min.deposit | N/A |
| Recommended deposit | N/A |
| Recommended brokers | N/A |
| Currency pairs | XAUUSD |
| ECN | Recommended |
Main things to consider if you invest with Golden Million
Automated trading
The robot supports automated trading, which means that the system allows us not to sit in front of the PC the whole time.
The system trades a single pair
We are allowed to use the robot on XAUUSD.
Performance
The developer skipped providing us with actual trading results where the robot works under current market conditions.
Official Golden Million website
The presentation includes various information about the robot. We systemized the most important claims in the features list.
Pricing details
The price decreased from $999 to $900 and then to $499. The core reason can be that the system doesn’t have trading results as proof. We can rent the robot fill out for $199 for half a year and for $399 annually.
Other notes
We have negative and positive testimonials about the developer and his products.
Aleksei Bordak is a developer from Russia with a 1736 rate. It’s not a big one. There are four products and 17 signals in the portfolio where only one is available and the rest are hidden. His products have a 2.5 rate based on 34 reviews.