Jet Trader Pro claims to use advanced automation technology for ensuring high returns. The vendor boasts a profit of 2,334 pips and a monthly return of a maximum of 20% with low risk. This FX EA has been consistently winning for 14 consecutive months, as per the info on the official site. A controlled risk mode is used by the ATS for generating successful results.
Jet Trader Pro trading strategy
A trader must know about the approach a system uses to ensure good returns and with minimal risk. As per the developer, Jack McKennon, this system uses a dynamic price protection approach. It has in-built reversal counter features that help you accumulate profits. Unfortunately, there is no further explanation of the approach.
Jet Trader Pro backtesting report
No backtesting reports are present for this FX EA. The vendor does not provide historical testing results, which makes it difficult to assess the approach used.
Jet Trader Pro live results
A real USC Cent account of this EA using the EXNESS broker on the MT4 terminal verified by the myfxbook site is shown here.
From the above stats, we can see the ATS has made a total profit of 66.01% and an absolute gain of 54.58%. A daily and monthly profit of 0.14% and 4.46% are present. The drawdown is 16.74%. For a deposit of USC 3,000, and withdrawals of USC 1,500, a total of 303 trades have been completed. The profitability is 76% and the profit factor is 2.47. From history, we can see lot sizes used range from 0.01 up to 0.04. For the given deposit, we feel the lot sizes are high denoting a high-risk setting. Further, the profits are not high considering the number of trades and the duration of the account.
Some features of Jet Trader Pro
There is not much info present for this FX EA. From the details the developer provides, here are the important features of the EA:
- Unlike most software products, this ATS is designed to work on the EURUSD pair only.
- This software uses a unique characteristic that makes it adapt to the changes that occur in EURUSD.
- It is set to avoid unnecessary risk and uses a dynamic price protection approach.
- The reversal countermeasures integrated into the software help to make gains irrespective of the conditions.
Details such as the timeframe, recommended deposit, brokers, leverage, etc. are not revealed by the developer.
|Average monthly gain||4.46%|
Main things to consider if you invest with Jet Trader Pro
If you are interested in this expert advisor, then you need to pay attention to:
Price protection approach
While the developer claims the system does not allow unnecessary risk with its safer approach, there is no proof of the efficacy as there are no backtests.
Product is overpriced
With the price of the product ranging from $347 to $697, this is an expensive product. When compared to the market average the price is exorbitant.
Verified trading results
The vendor provides verified results that show decent profits. We found the drawdown is not high and the profit factor is appreciably high.
An annual license costing $347 and a lifetime license costing $697 are the pricing packages available for this FX robot. The features provided with the packages are the best settings, hands-on support, lifetime updates, and a 30-day money-back guarantee. Comparing the pricing with other competitor products, we find the cost is high.
Unfortunately, there is no user feedback for this FX EA on reputed review sites like FPA, Trustpilot, etc. We could not find info on the vendor as the LeapFX company site does not provide details like founding year, team member info, location address, etc.