XXL Forex Real Profit Review: Things to Consider Before Investing

XXL Forex Real Profit

XXL Forex Real Profit is a trading robot that works on standard, mini accounts, micro accounts, and ECN. The algorithm is fully automated and works 24/7 to open and close positions at the most profitable trading windows. This robot only trades in GBPUSD currency pairs. Let’s review this EA to help traders make a wise investment decision.  

The highlights of XXL Forex Real Profit

According to the provider, the EA has the following features:

Fully automated

The algorithm uses a fully-automated trading feature that opens and closes on positions automatically and works 24/7

Result reporting

Provides daily report results on Myfxbook and Fxblue, although the link to the first one appears broken and does not provide any reports. 

Trading strategy of XXL Forex Real Profit

According to the developer, the robot does not use any sort of grid or martingale strategies. It opens and closes trades automatically and has a strong money management system. There are several indicators within to analyse the price action, support and resistance lines etc. 

From the trading history on FXBlue we observe that it has a wide stop loss for each trade that is around 200 pips. There is no fixed take profit for each trade. It has a day trading approach with an average trade length of 13.7 hours.

The trading history
The trading history

Backtesting reports

The developer does not provide us with the backtesting records of the EA, due to which the drawdown cannot be predicted. 

Trading results in real time

Verified trading records are available on fxblue. From November 2021 to February 2022, the system stands with a balance and equity of 803.86 USD. The peak drawdown is -17.8%, which is not that great. For GBPUSD, the system has participated in 41 trades during this time frame with an average loss of -19.20 compared to the average win of 8.15. The profit factor is shown as 1.09. Also, the ruin risk of 14.2 % paints a very unsatisfactory image in terms of the risk to reward ratio for novice traders. 

The live records on Fxblue
The live records on Fxblue

XXL Forex Real Profit price

The developer sells the robot for 80 USD and only accepts payments through PayPal. There is no money-back guarantee or refund policy. The pricing appears to have been written in very vague and lousy English, which only confuses the customer. 

The pricing model of the EA
The pricing model of the EA

Customer support

Traders can only contact the developer through a form available on the website. Also, an email is provided alongside the query form through which customers can get the seller. Along with this, the developer has provided icon links to their social media accounts, out of which many links don’t work at all. 

Are traders happy with XXL Real Profit?

The company only has one review on Forex Peace Army where the reviewer gives a 1 out of 5-star rating to the EA, accusing them of selling a fraudulent product to loot aspiring Forex traders. They cried their sob story about how the robot blew up all their money, and there was no response from the seller. The frustrated trader even posts links to their charts for other traders to inspect. 

Customer review at FPA
Customer review at FPA

XXL Forex Real Profit

XXL Forex Real Profit
2 5 0 1
XXL Real Profit does not paint a very impressive deal for traders. The developers do not provide any contact information at all and they are rather silent about their strategic practices which raise suspicions about their legality. They restrict traders since they only trade on a single currency pair. Moreover, the non-availability of a money-back guarantee makes this investment rather risky.
XXL Real Profit does not paint a very impressive deal for traders. The developers do not provide any contact information at all and they are rather silent about their strategic practices which raise suspicions about their legality. They restrict traders since they only trade on a single currency pair. Moreover, the non-availability of a money-back guarantee makes this investment rather risky.
2/5
Total Score
  • Functionality
    2/5 Bad
  • Trading Strategy
    2/5 Bad
  • Live Results
    3/5 Neutral
  • Customer Support
    2/5 Bad
  • User Reviews
    2/5 Bad

Advantages

  • Live records are available
  • Contact Email Provided

Disadvantages

  • Little information on the strategy
  • No transparency of developer
  • One trades on one currency pair
  • No money-back guarantee
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