FXSplitter EA Review - Split And Conquer The Forex Market For Huge Profits

FXSplitter EA Review - Split And Conquer The Forex Market For Huge Profits

30 October 2014, 10:35
Michael Sommer

FXSplitter EA Review

Price: $169
Currency pairs: EURUSD, GBPUSD
Timeframe: H1

FXSplitter EA Review - Split And Conquer The Forex Market For Huge Profits

FXSplitter EA is a basket trading robot. It places individual trades at fixed intervals of time. When the next time slot occurs, FX Splitter will place a new trade, or close an existing trade, or do both, or do nothing, according to the in-build trading algorithm and the current market conditions.

Welcome to my honest FXSplitter EA review!

The FXSplitter Expert Advisor is a martingale trader. So, as the number of trades in the basket grows, new trades will be opened with the increasingly larger lot size. When the net profit of the basket reaches the given take profit level, the whole basket is closed, and the new one is started.

FXSplitter EA will work well on most brokers, 4-digits and 5-digits alike. You might wish to choose a broker with a small spread for the pair you will trade on and moderate slippage. If your account deposit is not large enough for proper money management setup, you may wish to use a cent account and this will restrict your choice of broker, as not all of them offer cent accounts.

But in this FXSplitter EA review you will get more information!

We recommend leverage 1:500, as it minimizes the marginal load on your deposit. But smaller leverages like 1:300 and 1:200 are also possible.

Depending on settings, FXSplitter EA opens a trade every hour or every several (2-6) hours. If the market conditions are not suitable for opening a trade, FX Splitter Expert Advisor might skip the trading time slot or, otherwise, open several trades at one time slot.

FXSplitter EA should keep working 24 hours a day from the market opening on Monday to the market closing on Friday. You can switch computer off during weekends and banking holidays but it is not necessary. Usage of Virtual Privat Server (VPS) service is recommended but not required.

Visit the Official FXSplitter EA site

You can start with as little as 70$. For this, you will need a cent account with minimal lots size of 0.01. Since 70$ correspond to 7,000 cent currency units, the starting lot of 0.01 will provide you the recommended Money Management settings. Some of the brokers that offer this type of cent accounts are: Trading Point, Trade Fort, Profi Forex, Insta Forex, Forex4you.

All FXSplitter EA licenses are for two trading accounts. They can be changed at any time.

Thank you for your interest in my FXSplitter EA review!

Visit the Official FXSplitter EA site

Share it with friends: