Forex Kore is a new EA that works with machine with 3 built-in strategies. It is unknown who the developers of the software are, or what type of trading experience they truly have. In order to get in touch with support, traders can submit a ticket through a help desk, as no direct email address is provided.
The Forex Kore development team is currently providing the community with one FX Blue account which is been running for only 47 days. The widget they are providing doesn’t allow traders to access the FX Blue website, which is a little frustrating, but not the end of the world.
Forex Kore Review
Clients of Forex Kore will get a multicurrency trading expert advisor. It is different from other EAs because it uses a learning technology that “allows it to study past data and teach itself how to adapt.”
The software trades 9 currency pairs: AUDUSD, EURCHF, EURGBP, EURJPY, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY, comes with a built-in money management that will automatically increase and decrease based on the perceived risk of the trade, and a volume tracker that isn’t explained in much detail.
The timeframe to use this EA was not disclosed and the price comes between $129-$299 depending on the package.
Compare this Forex Robot with the most popular Forex software here.
The starter package at $129, the plus package at $159, the professional package at $199, and the premium package at $299. All of these accounts provide traders with free 24/7 support, free updates and access to 2 different types of licenses. The starter package as any professional package provide traders with access to one or 2 trading accounts. Yet, the plus package and the premium package offer traders unlimited accounts as long as those accounts are run on just one computer or VPS.
Forex Kore Trading Results
The account is showing a total return of over 125%, which accounts for a weekly return of just over 12%. These are very impressive numbers, but this is still a small sample size, so we have to be careful about getting too excited about the prospects of the system. The software is trading 85 trades per day, which is extremely frequent, and more that I’ve seen from any EA in a very long time. With EA’s the trade this frequently, it’s important that they have a very high winning percentage, or else things can go south in a hurry.
As I mentioned at the beginning, there is no access to the direct FX Blue page.
Review Verdict – Forex Kore is a scam
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