Kapola Trader EA is designed for beginners and seasoned traders. It is a unique FX robot that uses smart features and strategies to ensure profitable results. This ATS works on five major currency pairs and uses a simple and efficient system, as per the vendor. A real live verified account is present of the FX EA that shows very high monthly profits and an equally high drawdown. We could not find info on the vendor which indicates a lack of vendor transparency.
What is Kapola Trader EA?
According to the vendor, this FX EA generates stable monthly profits with minimal loss. Here are the key features that make it competitive as per the vendor:
- The ATS uses proven trading methods that consistently provide successful results.
- You can set up the system easily and the rest is taken care of by the automated software.
- High profits are assured with the simple and efficient automated process.
- Intelligent risk management is used to ensure the safety of your capital.
- It works on the EURUSD, AUDUSD, NZDUSD, USDJPY, and GBPUSD pairs.
- A timeframe of 15 minutes is used by the EA.
- It uses indicators like CCI, Bollinger Bands, etc.
The vendor does not provide info on the recommended deposit, leverage, etc.
Official Kapola Trader EA website
We find the official website is designed well with easy navigation features. All significant info about the system is present on a single page providing easy access and viewing. We could not find info about the vendor as there are no details present like the year of establishment, location address, phone number, etc. There is no info on the team members, their expertise, and experience.
How can we use Kapola Trader EA?
The FX robot uses the Bollinger Bands approach to make accurate entries and exits. It also relies on price momentum to ensure accuracy. The robot can make multiple entries boosting the profits further. It uses CCI and moving average to assess the exits. A trailing stop is present to protect the profits regardless of the market condition.
Pricing & refund
A Bronze ($99) package offering one real and one demo MT4 license, a Silver ($149) package offering 2 real and 2 demo accounts, and a Gold ($249) offering 4 real and 4 demo accounts are present. Other features that are common to the packages include lifetime access, free updates, and 24/7 support. A 30-day money-back guarantee is present. When compared to the prevailing market pricing of similar products, we find the price is not expensive.
Trading strategy
The Bollinger Bands Profit method is the chief approach this FX robot uses. It also uses the market price info to ensure the orders produce successful results. Accurate entries and exits are made using the different indicators present. A trailing stop and adaptability to different market conditions are some of the key characteristics that make this system effective as per the vendor. No backtesting results are present.
Current performance
A live verified real USD Cent account using the Forex4You broker and the leverage of 1:500 on the MT4 terminal is shown here.
From the above stats, we can see a total profit of 197.15% has been generated with a daily profit of 2.40% and a monthly profit of 103.71%. The drawdown is 58.57% which is very high. The high DD indicates a risky approach that can wipe out more than half of your capital. For a total of 1,626 trades, the profitability of 73% and a profit factor of 2.19 are present. From the trading history, we can see the lot sizes used vary between 0.03 to 0.10. The high drawdown and bit lot size show the approach used is not effective and can pose a high risk of losing your capital.
What customers say about Kapola Trader EA?
Unfortunately, we cannot find user feedback for this system on reputed sites like Forexpeacearmy, Trustpilot, etc.
Summary: is Kapola Trader a trustworthy EA?
Kapola Trader-
Strategy3/5 Neutral
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Features2/5 Bad
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Trading Results2/5 Bad
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Reliability2/5 Bad
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Pricing3/5 Neutral
Like
- Verified results
- Good pricing
- Money-back guarantee
Dislike
- High drawdown
- Lack of vendor transparency
- No user reviews