FX Rapid EA Review

FX Rapid EA is the newest Forex robot represented to masses as the fast account growing trading system that’s trading according to the trends on the market and makes profit quickly. There is no doubt that the FX Rapid EA is one of the best Forex robots on the market, having spectacular trading statistics and more/ Read this review to get additional information about the FX Rapid EA robot. 

FX Rapid EA Specification

The FX Rapid EA robot is developed and represented as the system that might make a difference for those who want to grow the profits fast. The system is designed in a way to make trading an easy and fun experience and to be a successful trading tool for traders all around the world.
There are 3 main things that put the FX Rapid EA aside from other Forex robots and make it stand out from them as a really desirable Forex robot.

1. The FX Rapid EA trades according to the trend. There is a specific algorithm that is crafted by the developer to define the trend movement direction and execute orders in that direction. The system has several other algorithms that define further actions if the trend stops and changes direction or if there is a small rollback of the price. The system decides whether to continue trading or to close the trades that are going against the trend. All this is possible thanks to the trading logic and algorithms that are crafted specifically for the FX Rapid EA. The system covers the losses of the closed losing trades by the slight lot size multiplication.
2. The main idea of the FX Rapid EA is to make fast trades. That is why the developer says that “it trades rapidly” which means that the robot does not keep opened trades in the market longer than 1-2 days. The average trading duration of the FX Rapid EA is approximately a few hours. That is possible because of the usage of the low TakeProfits and trend trading, which allows the system to close successful trades faster.
3. The developers of the FX Rapid EA successfully crafted a system for controlling drawdowns. The system is made to be the automatic lot-size calculation feature that considers the percentage of risk that the trader specifies in the settings of the FX Rapid EA. The system calculates all the numbers to continue the trading according to its strategy and also in conformity with the chosen risk level.

The FX Rapid EA can trade with 2 or 4 currency pairs, depending on the version of the system you choose. The DUE version supports EURUSD and NZDUSD currency pairs. The QUATTRO version supports EURUSD, NZDUSD, AUDUSD, and USDJPY currency pairs.
The main specifications to start trading with FX Rapid EA are:

• Minimum deposit - $460
• Any Forex broker that supports MT4 or MT5 trading platforms
• Minimal leverage: 1:100

What you get with the FX Rapid EA:

FX Rapid EA Quattro version

• EURUSD, NZDUSD, AUDUSD, and USDJPY pairs compatibility
• 1-lifetime license for any account
• Free updates
• User Manual and 24/7 technical support

FX Rapid EA Due version

• EURUSD and NZDUSD pairs compatibility
• 1-lifetime license for any account
• Free updates
• User Manual and 24/7 technical support

Trading Statistics of the FX Rapid EA

There are real live trading results of the FX Rapid EA from the third-party company FXBlue. The most important graphs that should be represented are Profit and account growth graphs that show the profitability of the system on the real trading account.

The second important graph that also should be one of the crucial factors when choosing the Forex robot is Drawdown statistics/ Those are represented for FX Rapid EA and show the lowest drawdowns that the system has ever faced.

The third important statistic that is needed to be considered is the Monthly Return table, which also shows the daily cumulative net profit for each symbol/direction of the FX Rapid EA trading.

Pros and Cons of Trading with FX Rapid EA

There are many advantages that make the FX Rapid EA one of the best Forex trading robots on the market, so let’s see what are they and how it fits into the trading style of the robot.

Pros of trading with FX Rapid EA 

1. The FX Rapid EA is developed to be able to trade with every broker that supports MT4 or MT5 trading terminals. The system can trade by the NFA and FIFO regulated Forex brokers with no problems.
2. The FX Rapid EA is made in such a way that the systems’ installation process feels as easy as possible. Using traders’ manual it is effortless and fast to set up, all that is needed to be set up to start trading. There is no need to spend hours understanding all the specifications of the system.
3. The trading by the trend makes the system fast profit bringer twitch is definitely an advantage for many traders.

There are also some of the disadvantages that have to be considered when thinking about purchasing this Forex robot. 

Cons of trading with FX Rapid EA

1. The trend trading might be considered a bit risky business by some traders. Still, low take profits and the fast trading nature of the FX Rapid EA together with the drawdown limit system should be the safety factor for it.
2. The drawdowns of the FX Rapid EA can also be described as high and this might become a real disadvantage for some customers, but it should be considered that the system shows pretty high profitability which overlaps a drawdown problem.

Conclusions

The FX Rapid EA is a trading system with its pros and cons that might not satisfy every trader, but it is surely the Forex robot that brings profit and trades really fast according to the trend-trading strategy. This is one of the good and reliable Forex robots that you should definitely check out by yourself.