Jet Trader Pro is an expert advisor that was released at the beginning of 2021. Although the presentation is wordy it is not informative enough. So, it’s hard to find the information about the system, not emotional claims.
What is Jet Trader Pro?
- The system is designed to help people to be profitable on the market.
- The only pair to trade is EURUSD.
- It doesn’t have a time frame mentioned.
- The same we can tell about recommended brokers, leverage, and deposit.
Official Jet Trader Pro site
The presentation is long and middle informative. LeapFX always focuses on the emotional side of pushing products over providing as many facts as possible like people do on MQL5.
How can we use Jet Trader Pro?
The advisor has some details explained about what we have to expect if we decide to purchase the system to work with it.
- As usual for Forex robots, the system can help us with automatic trading on our terminal. We may do nothing in addition.
- It knows how to cut out drawdowns.
- It works without a proper trading experience.
- We can set the risks we’d like to trade with.
- It has both plans: plan A and plan B. We don’t know how effective these plans are.
- The devs provide viable support for everyone.
- We can work perfectly well with default settings.
- The system will receive free updates and upgrades.
Pricing & refund
LeapFX as usual has two packs where one is a subscription and another one is a purchasing a lifetime license. We can subscribe for $347 for a year. Usually, this price is $100 higher. We can buy a lifetime license for $697. Both packs include Full Jate Trader Pro software, best settings, support, lifetime updates, and a 30-day money-back guarantee.
- The advisor used risky strategies like a Grid and Martingale. They weren’t mentioned in the presentation.
- The time frame details weren’t revealed.
The presentation could include the details about how the system was tested before being released. Alas, we have not them. It’s a huge disadvantage because we are not allowed to know what win rate it could achieve and with what level of drawdowns.
The system has been running a real but USDCent account on EXNESS automatically. The leverage isn’t optimal, 1:400. It receives data from the MT4 indicators. There’s a verified track record. It was found on January 08, 2021, deposited at USC3,000, and withdrawn at USC1,500. Since then, the total gain has become 63.1%. An average monthly gain is 4.46%. The maximum drawdown is 16.74%. The trading results are tracked by four traders.
The advisor traded 292 deals with 1411.3 pips. An average win is 33.73 pips when an average loss is -81.87 pips. The win rate is 68% for longs and 81% for shorts. The average trade length is four days. The profit factor is 2.43. It’s a good one for a paid advisor.
The pips were obtained only in a shorts direction – 2058.9 when on a longs they were lost – 647.6.
The system prefers trading the European trading session.
Wednesday with 72 orders is ahead of other days in trading frequency.
The advisor works with low-medium risks to the account balance.
Grid of orders and Martingale are the main strategies.
There are several orders opened. From them we can note that the robot trades in both directions at the same time – it’s insanely risky.
The robot provides various monthly profits this year. Anyway, there were all months closed in profit.
What are the real customers saying about Jet Trader Pro?
There’s a page of LeapFX on Forex Peace Army. We have sixteen reviews that formed a 3.152 rate. The devs decided not to connect trading accounts to it.
The profile has various negative testimonials. Jet Trader Pro is an all-new one, so we don’t have them written about it.
We would like to see how the system will work with three risky strategies: Grid, Hedge, and Martingale under real market conditions in 2022.
Summary: is Jet Trader Pro a trustworthy EA?Jet Trader Pro
Trading Results3/5 Neutral
- A well-known robot designer
- Trading results provided
- No risk advice given
- No settings explanations provided
- No strategy explanations written
- Many risky strategies on the board
- We have no testimonials written about the system