Best Robots FX and Defender Forex Robot
Best Robots FX is a web portal that claims to develop and offer traders the best EAs to assist them in earning profit. Best Robots FX is a partner of two well-known brokers – Equiti and AxiTrader, who are both regulated by the FCA. The web portal does not offer any other insight into the minds at work behind the forex robot. The absence of a dependable name taking responsibility for the robots creates a suspicious image for the EA.
Best Robots FX offers three distinct EAs to the traders – Defender Forex Robot, Index EA Forex Robot, and the Striker Forex Robot. In this review, we will be focusing on the Defender Forex Robot. The traders can also apply for a MAM account through Best Robots FX.
Forex Robot Trading Strategy
The Defender Forex Robot has been designed for the MetaTrader4 and the MetaTrader5 trading platforms. To use this EA, one must have more than $3000 in their trading account. The forex robot can be used 24/7 and can be accessed via remote desktops too.
The web portal, however, does not provide any relevant information about the trading strategies employed by the Defender EA. For traders who wish to have complete transparency, the lack of necessary trading information is a major red flag.
The trading results for Defender Forex Robot have not been directly presented on the website. Rather, the platform offers a link to the verified FXBlue account of Defender EA. On following the link, one can find trading results for a period of 301 days (as on 30th May 2019).