Pirate EA Review
Pirate EA is a popular trading robot, owned and operated by Anatoliy Lukanin. He sells expert advisors at the MQL5 market place and Pirate EA version 1.1 happens to be the most popular of his products. You can reach Anatoliy Lukanin at his Mql5 profile: https://www.mql5.com/en/users/luka-fx
Pirate EA Review
The software investors can download and use at Pirate EA works best with 5 digit brokerages, that offer low spreads. This software is common and we see that it is available at quite a forex EA. It is a low volatility trading software in which an investor can choose the number of open trade. The EA works on M15 time frame and the available forex pairs include: CHFJPY, EURCHF, USDCAD, EURAUD, USDCHF.
The important parameters available at Pirate EA include: A fixed take profit and stoploss. The also have on their panel a start trading (hour to start trading) and stop trading (hour to stop trading) and a sound signal. There is also a panel where information about your trading account and currency can be seen. The EA reserves the right to increase the volume of positions during a successful run of trades. The one time payment price for Pirate EA is $990. You can rent the software for 6 months at a price of $690 or $790 per year.
This version of Pirate EA comes with a demo account you can use on your MT4 platform. It is important you test any software on a demo account. When you get the Pirate demo, make sure you compare it with other software before you let out $990, like the parameters attached to it and how it works in different market conditions.
Pirate EA Results
When the Scam Expert Advisor reviews a new Forex EA to determine if they are a trusted service, we look for a valid proof of performance. The EA performance result can come from Myfxbook or FXBlue. Pirate EA provided us with screenshots of performance result that is not valid since we could not see the actual date those trades were placed.
Pirate EA is not verified EA.
We urge anybody considering using an expert advisor to use an EA that has an updated live performance result at a reputable source.
Compare Pirate EA
Smart traders always check out the competition before going with a Forex robot. You should look at the most popular auto trading software here.
FXMasterBot is the best automated trading robot because it works with the licensed Forex brokers; Trade Financial, 24Option & EuropeFX. You can choose risk levels, currency pairs to trade and a lot of other setting to configure. Minimum deposit is $250
Try a Free Demo Account at: FXMasterBot.com.
If you are already trading with the EA Pirate, please share your experience with other new investors, in the comment section below.