The Money Tree Robot Review: Does It Win or Lose?

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The Money Tree Robot Review: Does It Win or Lose?

The Money Tree Robot is a piece of trading software that is fully automated and claims that it can generate significant profits with its efficient strategy. In order to assist you in making an informed decision about whether or not this product is right for you, we examine its past performance and go over its operation.

What is The Money Tree Robot?

Money Tree EA is an automated investing, trading, and growth system that has been precisely designed and coded for the convenience of its users and investors. Money Tree Robot’s creators claim that it is NFA broker and prop company compliant.

Official The Money Tree Robot website

On the MT4 terminal, users can operate totally automatically with this system. The UI is simple to use and in case you find it complex, you can use the clear guidelines that come with it.

However, the EA’s vendor, LeapFX fails the transparency test. They do not disclose where they are located, nor do they reveal the identities of the development team members. Also, they have a rigid communication channel which is either by email or filling up a contact form. These factors can raise suspicion.

Services offered

You get the following when you purchase The Money Tree Robot:

  • The Money Tree Robot software itself
  •  Automated set-up
  • Free updates for the entirety of the EA’s service life
  • Free access to customer support
  • A money-back guarantee for the first 30 days

Features

  • It employs a scalping strategy.
  • The algorithm’s creator has promised to provide free updates for the rest of the algorithm’s life, as well as full customer support.
  • There is neither a grid nor a hedging strategy.
  • Exits with a tight stop loss in place.
  • There are fifteen different cross pairs to choose from.

How can we use The Money Tree Robot?

The robot’s vendor claims that a 15-minute timeframe is optimal for the device. This makes it perfect for short-term traders, such as scalpers, who need to enter and exit transactions quickly.

Developed by LeapFX’s Cory Ross, The Money Tree Robot is a new piece of software. A veteran of the market for 12 years, he says he has seen it all. The algorithm, according to the vendor, does not employ grid or hedging techniques.

Registration process

  • Purchase the bot from the official website directly.
  • Enter your MetaTrader login details to access the platform.
  • Use the robot to navigate to the EA directory and reload the page.
  • Start trading by connecting the robot to the chart.

Setting it up

There is a full manual included in the purchase of The Money Tree Bot that explains how to set up and utilize the device. Also, graphics let you quickly and easily find the currencies to trade and the way to link it to MT4 on this trading platform.

Pricing and refund

You can get The Money Tree Robot for one of two different prices: either on a yearly rental basis for a fee of $597 or on a permanent purchase basis for a one-time payment of $899. A 30-day money back guarantee, free software updatesfor the life, and full customer support come with every bundle.

Trading strategy

With its focus on the short-term volatility trend, The Money Tree Robot is built for scalping Forex trading strategy. The expert advisor concentrates on the short-term trend when there is momentum present in order to lock in earnings within a few hours.   You will have complete control over The Money Tree Robot, including the ability to customize its settings to your specific preferences.

Trading results

Traders can check out the Money Tree Robot’s performance on Myfxbook, a third-party website they often use to evaluate new trading platforms. Even though it only takes an 18.7% monthly drawdown, the robot generates a return of almost 91% per month.

It began trading on February 2, 2022, with $1,000, and has made a profit of $10,325 in the past three months, according to Myfbxook.

This EA’s backtesting results, on the other hand, are not made public. An effective trading strategy requires extensive backtesting. Also, traders can assess a strategy’s viability based on the data generated by the test.

The Money Tree Robot trading results on MyFXBook

What customers say

TrustPilot and ForexPeaceArmy have no customer reviews for this robot. Some of this may be because it has just been introduced to the market. Nonetheless,  LeapFX, the company behind the Money Tree Robot, has a rating of 2.91 on Forex Peace Army, which indicates that most consumers are pleased with it.

Online and email support are available from the seller. Upon request, support is also available through Skype or Telegram at any time.

Summary: Is The Money Tree Robot a trustworthy EA?

Summary: Is The Money Tree Robot a trustworthy EA?
3 5 0 1
Though The Money Tree Robot was launched some few months ago, it shows statistics that can attract any experienced trader. The ability to keep drawdown low while delivering outstanding monthly gains proves an excellent exit strategy. However, it is relatively expensive and it may take some time for it to prove its consistency.
Though The Money Tree Robot was launched some few months ago, it shows statistics that can attract any experienced trader. The ability to keep drawdown low while delivering outstanding monthly gains proves an excellent exit strategy. However, it is relatively expensive and it may take some time for it to prove its consistency.
3/5
Total Score
  • Strategy:
    3/5 Neutral
  • Features:
    3/5 Neutral
  • Trading results:
    4/5 Good
  • Reliability:
    3/5 Neutral
  • Pricing:
    2/5 Bad

What we like

  • Verified live results are available on Myfxbook.
  • The vendor has a money refund policy.
  • It is a fully automated software.

What we dislike

  • With a fee ranging between $597 and $899, it is relatively costly.
  • The vendor is not transparent in their portfolio.
  • The backtesting results have not been provided for the product.
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