Last Updated On Sat, 15 Apr 2023

FXCipher Review Introduction

FXCipher is an automated Forex software, that will do all the trading work for you. The EA has two built-in strategies, designed to adapt to a situation in the Market.

Trading Idea

FXCipher has two built-in strategies, designed to adapt to a situation in the Market. Trading using one of them, the EA will switch to another strategy in case of certain circumstances, in order to minimize risks and increase efficiency. This helps to ensure the high reliability of the robot along with good profitability.

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FXCipher Criteria

License

1 license of the EA for any type of account with the possibility to change the account number online without a limitation.

Broker / VPS

FXCipher is compatible with any broker. While in order to get the best achievable stability and profitability, we recommend using Golden Pickaxe on IC Markets, Tickmill, or Alpari Forex brokers in conjunction with TradingFX VPS Forex VPS.

NFA & FIFO

FXCipher is compatible with NFA-regulated and FIFO brokers.

MT5 Version

Versions of FXCipher for MT4 and MT5 are avilable.

User Manual

A detailed User Manual is included.

Support

High-quality and friendly technical support 24/7.

Updates

Free lifetime updates.

Refund Policy

Money Back Guarantee is provided by FXCipher's vendor.

Supported Currency Pairs

AUDUSD, USDCAD, EURJPY, NZDUSD, & EURCAD

MetaTrader Chart Timeframe

H1

MyFxBook Verified Real Money Trading Results Statement

Trading statistics were collected from the developers' account with real money and verified by the independent company Myfxbook.

Started On
May 03, 2022
Leverage
MetaTrader 4
Broker
FXOpen
Starting Balance
2000

Historical Data Backtests

FXCipher was optimized to work best with 5 trading pairs: AUDUSD, USDCAD, EURJPY, NZDUSD, and EURCAD. Here below you can find all the backtests for these trading pairs.

For almost 10 years, FXCipher was able to earn $147,405 from $10,000 which is more than 1,400% of the profit.

For almost 10 years, FXCipher was able to earn $1,539,119 from $10,000 which is more than 15,300% of the profit.

For almost 10 years, FXCipher was able to earn $931,973 from $10,000 which is more than 9,300% of the profit.

For almost 10 years, FXCipher was able to earn $310,635 from $10,000 which is more than 3,100% of the profit.

For almost 10 years, FXCipher was able to earn $1,409,918 from $10,000 which is more than 14,000% of the profit.

Trading Strategy

A special technology is embedded into the EA to ensure the accuracy of trading on any real money account, the same as on the developers' account. This guarantees the identity of the results of trading on other real money accounts and on the developers' live accounts.

FXCipher ensures the security of the account it's trading on. A special drawdown limiting system will not allow a higher drawdown (fixed loss) than was specified in the EA’s settings. It is controlled using Stop Loss, as well as constant monitoring of the drawdown, and the emergency closing of trades forcibly at the Market prices.

Last Updated On Sat, 15 Apr 2023

Talk about FXCipher

Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.

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