Expert AdvisorsForex

Jet Trader Pro Review: Things You Need to Know Before Investing

2 Mins read
4.5

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.

Growth curve of Jet Trader Pro
Growth curve of Jet Trader Pro
Advanced stats of Jet Trader Pro
Advanced stats of Jet Trader Pro

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

Features of Jet Trader Pro
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. 

Total return66.01%
Maximal drawdown 16.74%
Average monthly gain 4.46%
DeveloperLeapFX
Created, yearN/A
Price$347 -$697
TypePrice protection 
TimeframeN/A
Lot sizeN/A
LeverageN/A
Min.depositN/A
Recommended depositN/A
Recommended brokersN/A
Currency pairsEURUSD
ECNN/A

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.

Pricing details

Pricing of Jet Trader Pro
Pricing of Jet Trader Pro

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.

Other notes

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.

Jet Trader Pro Summary

4.5
Jet Trader Pro assures a maximum monthly return of 20%. The developer provides verified proof of its performance. However, there is not much info on the robot available. The vague strategy explanation, lack of backtests, expensive pricing, and lack of user reviews are drawbacks you need to consider when deciding on the reliability of this product.
5.0

Functionality

4.0

Reliability

4.0

Strategy

3.0

Price

6.0

Trading Results

5.0

Vendor Transparency

Pros

  • +A fully automated software
  • +Trading results verified by myfxbook

Cons

  • -A vague strategy explanation
  • -Trading results indicate a risky approach
  • -Price is expensive
Related posts
4.7
Expert AdvisorsForex

Powerhouse EA Review: Things You Need to Know Before Investing

3 Mins read
Powerhouse EA is an MT5 trading tool that promises to earn traders 5-8% monthly profits using default settings. It can conduct up…
8.3
Expert AdvisorsForex

Happy Power Review: Things You Need to Know Before Investing 

3 Mins read
Happy Power is a Forex expert advisor that is compatible with both Metatrader 4 and Metatrader 5 trading platforms. It is a…
7.7
Expert AdvisorsForex

Happy Frequency Review: Things You Need to Know Before Investing

3 Mins read
Happy Frequency is a system that manages orders on the real market profitably. It belongs to the portfolio of the well-known company–Happy…

Leave a Reply

Your email address will not be published.

65 + = 72