The official developer of the FX JetBot has announced the price of the FX JetBot to be $425.
FX JetBotrating 8/10 mt4/5
- Gain 1507.73%
- Monthly 50.87%
- Drawdown 46.22%
- Days in Live 206
FX JETBOT is a multi-currency Forex robot that is currently configured and works best on 5 currency pairs: AUDUSD, EURJPY, EURGBP, USDCAD, EURUSD.
Get a 25% discount on the developer's website here!
We tested FX JETBOT on historical data (backtest) and the results were better than expected. This Forex system shows high profitability and good stability on all 5 currency pairs.
Information about FX JetBot
FX JETBOT is a multi-currency Forex robot that is currently configured and works best on 5 currency pairs: AUDUSD, EURJPY, EURGBP, USDCAD, EURUSD. We have put a lot of effort into developing and afterwards configuring a special algorithm that very effectively finds the Market entry points. This algorithm can quite accurately predict where the price will go. Here is a screenshot of our statistics analysed by the independent company Myfxbook:
The average value of successful (profitable) trades is almost 80%! This allows us to have high profitability with moderate risks. Here is another screenshot demonstrating the effectiveness of the algorithm:
You can see here that our average profit per trade is more than almost twice as high as the average loss per trade. That is, even with unprofitable trades (about 20% of all trades), their total loss is almost than a half less as compared to the profit from successful trades (about 80% of all trades). This confirms that our algorithm has high efficiency in real trading.
FX JETBOT almost always works with a fixed lot, without using Martingale. To be precise, based on the results of backtests of all currency pairs, for the entire period of time, we determined that in 96.5% of cases, the EA trades only with a fixed lot. In 3.5% of cases, when a series of losses occurs, our robot can increase the lot once and only for one trade to ensure stable and smooth profitability on the account.
Our robot is designed to be easy to use even for complete beginners. It does not require a large deposit for trading - the minimum possible deposit can start from $190. Also, it is not demanding on the level of leverage.
FX JETBOT is not sensitive to spread and difference between brokers, so it can work on any broker and account type. It also has a built-in loss limitation system that will protect you from bigger losses than you could expect.
FX JETBOT works on MetaTrader 4 and MetaTrader 5 platforms and is NFA compliant.
- 1 license for any account
- Possibility to change accounts online
- MT4 and MT5 version of the robot
- Free updates
- Detailed User Manual and 24/7 support
We provide a full money-back guarantee during the first 30 days after purchasing. If our EA doesn’t work properly on your account, and we cannot do anything about it, we will return your money. If a drawdown on your account exceeds 35%, we will also initiate a refund process, on condition that you have used our recommended settings and provided proofs of that.
Buy FX JETBOT within the next 48 hours and get it for only $319 BUY
To use the discount, please go to the vendor’s website fxjetbot.com
How much does the FX JetBot cost?
What is the drawdown level of the FX JetBot on the real/demo account?
The FX JetBot has been able to keep the maximum fixed drawdown level of 46.22% during the live/demo trading period.
What is the profit level of the FX JetBot on the real/demo account?
The FX JetBot has been able to reach the profit level of 1507.73% during the live/demo trading period. These results are proven by one of the respected third-party companies.
How to install the FX JetBot on MetaTrader 4?
The installation process of the FX JetBot on MT4 is pretty simple. You only need to download the installation files of the robot to your computer and put them into the right folders of your MT4. Learn how to install and run EA on MT4 and trade with FX JetBot without problems.
FX JetBot Review
In this review, we will focus on analyzing the FX JetBot EA - one of the newest Forex robots that have already shown itself as a very profitable trading system. In this Forex robot review, we're going to break down the pros and cons of this EA to see if it's worth purchasing for long-term trading.
Basic information about FX JetBot:
- Currency pairAUDUSD, EURJPY, EURGBP, USDCAD, EURUSD
- Number of real licenses1 license for any account
- SupportDetailed User Manual and 24/7 support
- RefundFull money-back guarantee during the first 30 days
Conditions for trading:
- Minimal deposit amount$190
- Time frameAny
- TerminalMT4 and MT5
Live performance of FX JetBot
There is only one live trading account of FX JetBot EA on the Myfxbook third-party company that provides objective live trading performance statistics. The trading account was set up in November 2022 with an initial deposit of $1000 and has already been working live successfully for almost five months. There are 5 currency pairs that the robot is currently configured and works best with. And this live account of the developer of FX JetBot EA works on all five suggested by the developer currency pairs: AUDUSD, EURJPY, EURGBP, USDCAD, and EURUSD.
FX JetBot EA has been successfully collecting profit since the day it started trading live and at the moment of writing this review the gain on the account is +1,297.55%. The trading curve of live graphs for this automated Forex trading system has a strong upward trend and has almost no sharp edges or drawdowns, as it could be appearing due to fast account growth.
FX JetBot EA is a well-backtested system as the developer of the robot presented to the potential clients a long list of backtests which consists of 10 positions. Developers of this Forex robot made sure that every currency pair the robot is able to trade on is backtested properly. Each of the 5 currency pairs that are supported by the FX JetBot EA is backtested using “Aggressive” settings and “Normal” settings on the historical quotes from 2018 to 2023.
All the backtests were made on the basic MetaTrader backtester on the 1H timeframe with 90% accuracy which is okay for this EA because it does not use a scalping strategy and doesn't need the precise every tick data for its proper work. As we can see from the statistics the results were better than expected. This Forex system showed high profitability and good stability on all 5 currency pairs.
*The backtests are taken from the developers’ website
*The subsequent analysis of the adviser is based on live analytics from the Myfxbook website. We’ll go through the pluses and minuses of the trading system as well as the profit and drawdown analysis.
Profitability and drawdown
FX JetBot EA is the multi-currency automated Forex trading system that has been released with the ability to conduct live Forex trading with real money using 5 currency pairs: AUDUSD, EURJPY, EURGBP, USDCAD, and EURUSD. The live training of the FX JetBot robot started on November 11, 2022, with the initial account deposit of $1000 and it has already been successfully trading live with real money for 4 months.
Minimum deposits for every currency pair the FX JetBot EA trades with are: EURUSD - $105, USDCAD - $105, AUDUSD - $145, EURGBP - $145, EURJPY - $190, for 0.01 lot. You should have at least $190 to be able to trade on all the supported currency pairs together.
Having a short period of only 4 months of live trading the FX JetBot EA was able to collect an astonishing achievement of collecting the gain level of +1,297.55% at the same time having a maximum floating drawdown level of 46.22%. The monthly level of profit for the FX JetBot robot is set at a stunning level of 130.54% and the daily percentage of the compound return through the live trading of the robot is also high - 2.82%. You can acquaint yourself with the mentioned numbers by carefully looking through the screenshot attached below.
As it can be seen from the numbers given and analyzed above the FX JetBot EA shows good durability and is well-made for long-term trading, as it makes on average 4 times more profitable trades than losing once and had almost no fixed drawdowns that would have damaged the upward growing trading curve. Of course, this automated Forex trading system has got a bit high floating drawdown level of 46.22% but as we can see, the system successfully managed to avoid the drawdowns becoming fixed and confidentially grew the account to an astonishing profit level.
Taking into account the gain statistic of FX JetBot EA live trading together with the 4 months' live trading period and the mentioned drawdown level we can calculate an approximate profit/drawdown ratio for the system. The profit/drawdown ratio for the mentioned official live trading account of the system is almost 3:1. This is a truly impressive result that we have to keep in mind while analyzing all the technical features and parameters of the robot, which we will be conducting further in the review. These results are also pretty impressive taking into consideration that the system has been working live for only 4 months yet.
The main idea of the FX JetBot EA claimed by the developer as a strongly well-thought-out feature is the special algorithm that is supposed to calculate the best entry point for the trades. This sophisticated algorithm is supposed to accurately predict the best market conditions and currency prices to enter the market by opening the trade in the appropriate direction. According to the developers' statements, this algorithm alongside other features of the robot is responsible for such a successful trading history and achievements in terms of profit. The developer also points out other following features of the system:
- The best currency pairs for the FX JetBot EA are the following 5: AUDUSD, EURJPY, EURGBP, USDCAD, EURUSD;
- The average win rate of the system is close to 80%;
- The average profit per trade is more than twice as high as the average loss per trade;
- The EA almost always works with a fixed lot, without using Martingale;
- Easy to use even for complete beginners;
- The minimum possible deposit can start from $190;
- The FX JetBot robot is not sensitive to spread;
- The system can work with any broker and account type;
- It also has a built-in loss limitation system;
- The FX JetBot EA is compatible with both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms and is NFA compliant.
Analyzing the specific live trading charts of the FX JetBot EA we will be paying attention to the pips numbers, lot sizes, and some specific characteristics of the orders. Looking at trading charts in general terms, I can admit that this automated trading system truly does not use the Martingale system for multiplicating profits (as it is claimed by the developer) and also it is not scalping EA, as we can see that there are no short time trades on the graphs.
So, starting with the lot size of the system's trades we have to mention that the robot is set to use the specific fixed lot size for each currency pair the system is able to trade with. But it does not mean that the lot size doesn't change from trade to trade. As we can see from the screenshot below, the system obviously uses the compound interest to maximize the profit, so the lot size increases due to the gain growth.
Using some of the examples of the latest trades conducted by the FX JetBot EA on the AUDUSD currency pair, we can admit that to recover from losing trades instead of a lot increment the system increases the number of pips taken in the winning trade. Every recovering trade for the AUDUSD currency pair in the examples is multiplied three times (from 25 pips for a regular trade to 75 pips for recovering trade). I believe that the multiplication level is different for each currency pair the system works with. And I think that the same is true for the lot size. Look at the screenshot above for more details on these matters.
Also, while analyzing the examples in the screenshot above we can see that the system usually uses some kind of a grid when it is recovering from a losing trade. It means that the system closes the last losing trade simultaneously with the recovering winning trade which has an increased number of pips.
Moving to the next section of our review we fix our attention on the duration of FX JetBot EA trades. As we can see from the screenshot below, in general, the system can keep the trade in the market for a long time up to more than 30 days. But most of the trades of FX JetBot EA are closed in the range of around 20 minutes to 7 days. Also, more than 60% of the trades that are kept open longer than 7 days, eventually turn out to be losing once.
The developer of the FX JetBot robot gives a lot of details on the trades’ win rate of the robot to show that it is successful because of the algorithms that calculate the entry point for the trades. And so far it is truly so - during the trading period of the robot, FX JetBot EA made 200 trades, which on average is 1.6 trades per day.
The ratio between winning and losing trades is truly around 80/20% among all the currency pairs. The most tradable currency pairs for the FX JetBot EA during the 4 months live trading period turned out to be AUDUSD and EURJPY, they make up approximately 70% of all the trades on the account (139 trades out of 200).
FX JetBot EA is a new Forex robot on ForexStore that is showing great achievements in terms of account growth and durability. This mainly is because the system has got a really powerful algorithm that very effectively finds the Market entry points and manages losses by a built-in loss limitation system.
The live account on Myfxbook available for this Forex robot performs trades using all five currency pairs available to the system. The EA also has got 10 backtests to show the low and high-risk level performance of the robot on each currency pair.
The performance of the robot is really impressive so far. During only 4 months of trading, it was able to collect a 1,297.55% profit with a 46.22% max level of floating drawdown. The profit/drawdown ratio for the system is close to the impressive number of 3:1.
The specific trading strategy of the FX JetBot EA does not use Martingale or scalping strategies. The system uses the compound interest to maximize its results and to recover from losses it uses pips number increment.
The duration of the opened trades for the FX JetBot EA in general is in the range from around 20 minutes to 7 days, but sometimes a small amount of the trades might be staying open for up to 30 days. Eventually, those trades usually turn up to be losing once.
The price of the robot is quite consistent with the quality that the developer offers. FX JetBot EA has got good trading results so far, it has a long list of backtests and one real live account on Myfxbook. There are also a 30-day money-back guarantee and 24/7 support. All this is enough to set a 5 out of 5 stars mark.
According to our analysis and the calculations the profitability/drawdown ratio of the FX JetBot robot is very high - 3:1. This is the performance level of the best Forex robots of ForexStore. So, it gives me no chance to give it a lower mark than 5 out of 5.
The current trading period of 4 months on the live account is enough for doing some general conclusions which I did in the review but the FX JetBot EA still needs to work live for at least 6-7 months more with the same quality of trading to get higher results for this mark. The trading statistic of the robot at the moment is too short to give me an opportunity to mark the robot higher than 3 out of 5 here.
As it was mentioned, developers made sure to provide a long list of backtests which have good quality and say a lot about the systems' possible profitability and durability through time. Also, it shows different variants of trading using the system which is also good and so I give it 5 out of 5 here.
My own attitude about this Forex robot is good since the trading of FX JetBot EA is quite profitable and at the same time, the risks are just exactable. Also, all the features that the developer includes in the robots' package and the respective price for it are enough for me to give it a 4 out of 5. As it was mentioned, the robot needs to prove its consistency from a long-time perspective to get a higher mark.
At the moment of writing this review, the automated rating system of the ForexStore rated FX JetBot EA 8 points out of 10 which is exactly the same equivalent to the marks that I've considered after review of this Forex robot.
I hope this helps you, traders! I wish you profitable trading and luck on the market!