FX Rapid EA Review

Welcome back to our best ea forex blog! Last time we published our Forex Gold Investor review. Today we will be doing an FX Rapid EA review. As always we will disclose all of the most important information we can find on the official website and online. And of course, we will give our personal opinions on whether or not you should invest in buying this EA. And see if this makes our list off winning forex robots.

So, if you are interested in purchasing this bot shortly, but don’t have much idea about the most relevant features of it, then you must read this review until the end.

What is FX Rapid EA?

FX Rapid EA is an automated Forex robot trading system that works 100% on its own without the need for human interaction on the ever-changing FX market.

This EA is quite new and was developed by the Forex Store Team. So far, as we can see on the sales page, all charting results provided by the vendor have been verified by Myfxbook. Also, they state those trades were made with their real money for ages. And that’s why they also provide many backtests just in case you would like to study or analyze them.

In other words, this bot trades only with 4 different currencies. But, of all them are major profitable currencies. So this can be a little downside for some traders who are looking for EAs that support all the currencies in the market.

These currencies available are EURUSD, NZDUSD, AUDUSD, and USDJPY. But, to trade with all 4, you must buy the priciest package available called FX Rapid EA QUATTRO. Otherwise, you can only trade with EURUSD and NZDUSD with the FX Forex EA DUE. But, we will talk about both of them in detail later.

FX Rapid EA Features

  • Highly profitable.
  • Does the trades very quickly.
  • It is compatible with all brokers available.
  • Doesn’t trade against the market trend.
  • It has a short trade length.
  • Implemented drawdown control system.
  • Stop-loss technology.
  • 100% fully automated trading.
  • Detailed user manual.
  • Customizable settings.
  • 4 currency pairs available to trade.

Who is behind FX Rapid EA?

If you know our team well enough, you must know this FX Rapid EA review would be incomplete if we didn’t talk about the creators, developers, and the whole team behind this company.

So, as we mentioned before, this EA was developed by the Forex Store. But that’s all information provided and there is not much information about them online, apart from all the other bots they sell and develop every few months.

So we don´t have any information about their location, any names of the team nor the owners or anything. This is very disappointing, but we are used to it. There are hundreds of bots online that lack this information. Although, we all know very well that full transparency in this business is the key to success.
So hopefully this can be updated in the future by the vendor.

fxrapid robot review

EA Trading Strategy

Now we will proceed to make an FX Rapid EA review in the whole trading strategy behind the bot´s performance. Firstly, the most important strategy of this robot, as stated on the official sales page, is how quickly it can make trades and sell them too. And also that it has a money-management feature with a stop-loss technology to protect your account and profits just in case something goes wrong while trading.

In terms of the TimeFrame, there is none information provided, so it´s unknown. But, as explained on the website the bot is designed for trend trading. So it analyzes the trend movements and opens a new trade in that direction. But, if the price goes down, it closes it quickly to not lose any of your money.

Another thing is that with the implemented money management feature, not only your profits and accounts are protected, also you have less risk of losing money. Of course, you can change the risk settings on your own and make them appealing to your strategy, but the EA will always use a lower than the one you provide to protect your money if something happens.

In other words, you have only 4 different currencies available to trade with on the market. So you can trade with them simultaneously on your account. These are EURUSD, NZDUSD, AUDUSD, and USDJPY. You can study each of them with the verified results by Myfxbook. But depending on the package you buy, you may not get all 4 currencies at once.

And, lastly, you need a minimum deposit of USD 460 to start trading with the EA. They also claim to have proven best forex indicators in their portfolio.

FX Rapid EA Packages/Prices

So in this section of our FX Rapid EA review, we will be discussing the prices and packages available on the official sales page that you can choose from. There are currently two different offers listed on the website.

You can choose between the FX Rapid EA DUE or the FX Rapid EA QUATTRO. And they both have different settings and features, as well as a different price range.

FX Rapid EA DUE

  • Works on EURUSD, and NZDUSD.
  • 1-lifetime license for any account
  • Free lifetime updates
  • User manual.
  • Customer support 24/7
  • Price: USD 269
  • 30-day money-back guarantee.

FX Rapid EA QUATTRO

  • Works on EURUSD, NZDUSD, AUDUSD, and USDJPY.
  • 1-lifetime license for any account
  • Free lifetime updates
  • User manual.
  • Customer support 24/7
  • Price: USD 349
  • 30-day money-back guarantee.

If for some reason you notice your bot is not performing as well as it should, and you lose over 35% of your first investment you get your money back. So you just need to contact customer support.

EA Pros & Cons

Pros

  • Verified results from Myfxbook.
  • Detailed user manual.
  • Free updates.
  • Customer support available 24/7.
  • Trades multiple pairs at once.
  • 30-day money-back guarantee.
  • Many backtests provided on the sales page.

Cons

  • Trades with only 4 currency pairs.
  • Packages can be considered expensive.
  • Minimun deposit is USD 460.
  • Lack of information about strategy performance.

Conclusions FX Rapid EA Review

Finally the end of this FX Rapid EA review! Overall we believe this EA will be performing amazingly in the future. But of course, there are a few things we would like to know more in-depth about, such as the TimeFrame, strategy, and about the whole team behind it. But besides, everything looks promising. Next week we are going to publish a forex trendy review article. Stay Tuned!

OUR FAVORITE FOREX ROBOT?
  • 100% AUTOMATED
  • BEGINNER FRIENDLY(EASY SETUP)
  • FULLY OPTIMIZED SETTINGS
  • 24/7 SUPPORT
  • WORKS ON SPECIFIC PAIRS ONLY
  • PREMIUM FOREX STRATEGY COMBINED WITH ALGO TRADING

This Forex Robot is currently our favorite. Off course because off the High Accuracy which generates nice profits. But mostly off the Proper Risk Management they are using.

★★★★★