Automic Trader Review: Things to Consider Before Investing

Automic Trader

Automic Trader is an expert advisor designed to trade automatically on Forex. The system was developed by LeapFX. The devs are pretty known on the Forex market. They claimed that “New Software Lets You Build A Steady, Compounded Passive Income From The Forex Markets… And The BEST Part Is It Requires NO Prior Trading Experience.” We can check it out. 

The highlights of Automic Trader

There’s a list of settings, features, and explanations prepared by us for you. Please, take a look at it. 

  • The system can help us to work automatically on a terminal. 
  • Trading is allowed on the following symbols: AUDUSD, EURGBP, EURUSD, GBPJPY, USDCAD, and USDJPY. 
Automic Trader’s claims
Automic Trader’s claims
  • The system has a feature that protects our account from being zeroed. 
  • We may start working with it without trading experience. 
  • The system trades six cross pairs. 
  • An average monthly profit is from 20% to 30%. 
  • If we increase risks, the profitability can rise to 50-100% monthly. 
  • There is an “internal settings optimization system.”
  • We are not sure what the devs mean. 
  • We can set risks that we can handle. 
  • There is a user manual with recommendations and instructions provided.
  • The developers provide the robot with proper updates. 

According to the information provided on the Automic Trader’s website, the system is ahead of competition because of the following features:

Money management

The advisor has money management that helps with customizing lot sizes, placing Take Profit and Stop Loss levels. 

Stable monthly income

The advisor provides 20-30% of the monthly income on lower risks and 50-100% on higher risk.

Trading strategy of Automic Trader

  • The system works with a Grid of orders strategy. 
  • We can trade AUDUSD, EURGBP, EURUSD, GBPJPY, USDCAD, and USDJPY. 
  • The time frame wasn’t mentioned. 

Backtesting reports

Backtest report
Backtest report

The advisor was tested with all possible cross pairs at once. It had the total net profit at 736.12% or $44,167. The advisor has executed 960 orders with 2.79 of the profit factor. The final win rate  was 76.35%. A maximum drawdown was 10.7%. We may note that the robot has lost two months. 

Trading results in real time

Live trading results on myfxbook
Live trading results on myfxbook

The system shows horrible results and has been running a real USD account on Blaze Markets with 1:200 leverage on MT4 automatically. The account has a verified track record. It was created on April 07, 2021, and deposited at $1,000. Since then, the absolute growth has become 147.23%. Twenty-nine people track the trading results. 

Automic Trader trading details
Automic Trader trading details

Automic Trader closed 293 trades with 2263.1 pips. An average win is 30.71 pips when an average loss is -61.54 pips. An average accuracy for long trading direction is 77%, while for short one it stands at 73%. An average trade length is three days. The profit factor is 1.59. 

Currency pairs Automic Trader trades on
Currency pairs Automic Trader trades on

EURGBP is the most traded pair by the advisor. GBPJPY has brought -$571.21 of losses. 

Automic Trader trading hours
Automic Trader trading hours

The advisor prefers opening orders at night. 

Automic Trader daily activities
Automic Trader daily activities

Monday, Tuesday, and Thursday we’re traded almost equally. 

Automic Trader risks
Automic Trader risks

The system works with medium risks. There’s a 18.35% chance to lose 10% of the balance. 

Automic Trader closed orders
Automic Trader closed orders

It’s noticeable how deep those SL levels are. It easily loses 190-480 pips for a trade. 

Automic Trader monthly profits
Automic Trader monthly profits

Not only huge losses occurred in December 2021 but also in January 2022. 

Automic Trader price

Automic Trader pricing details
Automic Trader pricing details

The advisor can be purchased or subscribed. We can subscribe for $497 for an annual subscription. $650 costs one real account license. The package includes automatic software, free updates, full customer support, best recommendations, 30-day refund, and a $100 bonus. It’s hard to understand where and how we can spend $100. 

Customer support

The support is above average. The company responds to customer messages within several hours. 

Are traders happy with Automic Trader?

We don’t know for sure because the system has lost half of its accounts within a month. So, we can’t be sure that people are happy with it. 

People say that Automic Trader is …

Fake people testimonials
Fake people testimonials

The presentation includes many testimonials that were delivered via email. We can’t be sure that they were from real customers. 

Automic Trader

Automic Trader
2 5 0 1
Automic Trader is an expert advisor that works on a real market. The last trading activities show that the system has lost two months in a row. We don’t know how this will be going and if the devs are going to update it.
Automic Trader is an expert advisor that works on a real market. The last trading activities show that the system has lost two months in a row. We don’t know how this will be going and if the devs are going to update it.
2/5
Total Score
  • Profitability
    2/5 Bad
  • Strategy
    3/5 Neutral
  • Reliability
    2/5 Bad
  • Price
    3/5 Neutral
  • Customer Testimonials
    2/5 Bad

Advantages

  • Backtest reports shared
  • Trading results provided
  • A refund policy applied

Disadvantages

  • No risk advice given
  • No team revealed
  • The system has lost much within two weeks
  • The robot doesn’t have actual testimonials written
Total
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