Fly Higher Nova claims to have helped more than 5000 traders get decent outcomes in the Forex market. This is a 100% automated system that promises minimum weekly returns of 20% or more. The vendor also claims that this EA is available in 180 nations.
On the official website of Fly Higher Nova, the vendor has explained the workings of the system in brief. We have a list of the main features, along with some screenshots showing customer testimonials. Finally, there is a contact form that you can use to get in touch with the service team.
The headquarters of Fly Higher Nova (Pvt) Ltd is located in Ja Ela, Sri Lanka. We don’t know when this company was founded and the vendor has not revealed the identities of any of the team members. It is unknown whether this team has manufactured other robots in the past. So from a vendor transparency perspective, we are not too impressed.
Features
Fly Higher Nova is a system that places trades automatically. You can use this robot to trade in any currency pair of your choice. With every trade, this EA uses to take profits and stop losses. According to the vendor, it requires no experience to use this system, although this might not entirely be true. The company provides round-the-clock customer support to all users.
After signing up on the website, you need to choose a plan. After this, the company will send you an email containing the purchase link. As soon as the payment is completed, you will receive the user manual and the video tutorial within the next 3 minutes.
We don’t have a proper explanation for the trading scheme on the official website, which is quite disappointing. Novices, as well as experienced traders, look for strategy insight because it helps them figure out whether the robot is capable of performing well in the live market. In the absence of strategy insight, many traders might think twice before purchasing this robot.
How to Start Trading With Fly Higher Nova
There are two options available to you if you wish to purchase this EA. The first one is the 12-months subscription where you will need to pay a yearly fee of $320. If you wish to go for the lifetime plan, you will have to pay a one-time fee of $500. For an unproven Forex EA, it makes no sense to pay so much money.
This company has an unusual refund policy where you need to request a refund within 24 hours of the software being made available for download. Thus, the trader does not get enough time to test the software, and this is really inconvenient. Most EA vendors offer a 30-60 days money-back guarantee.
Fly Higher Nova has an exclusive Telegram channel where you can get free signals and market updates. You can set the EA to automatically calculate the lot size or you can use fixed lots as well.
Unverified Trading Results of Fly Higher Nova
The vendor has not shared the live trading statistics for this EA, and this tells us that they are not confident about their system’s performance. No Forex trader would consider investing in a robot that is not supported by verified statistics. Forex trading is risky and you need to know that the system has a long track record of winning real profits before you purchase it.
Apart from live statistics, backtesting data is also missing. So we don’t even know anything about the historical performance of the robot. From backtests, we can know about some of the viral performance parameters like profitability, relative drawdown, profit factor, etc. Without any kind of trading proof, we cannot risk our money on this robot.
Customer Reviews
On the official website, the vendor has shared screenshots of customer testimonials, but these are obviously not genuine. In the absence of verified user reviews on trusted third-party websites, we can say that Fly Higher Nova doesn’t have a decent reputation.
Is Fly Higher Nova a Viable Option?
Advantages
- Can trade in all currency pairs
Disadvantages
- No verified live trading results
- Backtesting data not available
- Lack of strategy insight
Wrapping Up
Fly Higher Nova is a scam service that you should avoid at all costs. This robot does not have a verified track record, and there is no guarantee that the system can win your profits in the live market. Furthermore, the vendor has an odd refund policy and does not explain what kind of strategy this expert advisor uses.
