iProfit is a robot that was originally created for the Metatrader 4 platform. The main claim is a screamy one, “The World’s Most Successful Neural Network Strategy.” It doesn’t look like an EA with a Neural Network on the board.
Features
We have six blocks of info about the system provided:
- It dynamically adapts to the most recent price action and updates predicted high and low levels every hour.
- It can trade for us automatically.
- There’s a Neural Network based strategy.
- It can handle the trading of six currency pairs.
- The developers don’t tell us about time frames.
- The real account was created in 2013.
- The backtest was executed on the 12 years tick data.
- It was performed with 99.99% of the quality.
- The robot has traded 8000 pips, the developers mentioned.
- An average monthly gain is 170 pips.
- It places Take Profit and Stop Loss levels for each open order.
- The robot avoids trading risky strategies.
- We can work with the next cross pairs: EUR/USD, EUR/JPY, XAU/USD, GBP/USD, and AUD/USD.
- We can buy a system, subscribe for copy-trading or receive signals.
- We keep seeing this data for a year, not less.
There are four packages on the board. The annual robot subscription is available for $470. The copy-trading costs $299 annually. The lifetime license of the robot costs $1099. The lifetime copy-trading costs $849. We can turn on or off all available currency pairs. EAs based packs include two licenses. Subscription based packs include one license.
There’s no money-back guarantee.
How to start trading with iProfit EA
We have to do the next steps:
- Register a real account.
- Purchase a robot.
- Send out a real account number.
- Attach the robot to proper charts.
- That’s it.
Backtests
We have a cut version of the EUR/USD backtest report. The modeling quality was 99.90%. The spreads were 10 pips. An initial deposit was $10,000. The total net profit has amounted to $6,825.10. The Profit Factor was 1.26. There were 1814 deals traded. The maximum drawdown was 5.49% ($852). The win rate was 58% for Shorts and 59% for Longs.
Verified Trading Results of iProfit EA
iProfit EA worked on a real account on IC Markets. It traded automatically on MT4. The leverage was 1:500. The track record was verified. It was created on August 26, 2013. Since then, the absolute gain has become 195.27%. An average monthly gain was 1.16%. The maximum drawdown was 25.47%.
Nothing positive happened.
iProfit EA has closed 5134 deals with 41,491 pips. An average win was 66.13 pips when an average loss was -73.07 pips. The accuracy was 57% for Longs and 59% for Shorts. An average trade length was three hours and a half. The Profit Factor was 1.13.
The most frequently traded symbol was EURUSD, with 1173 orders. The most profitable was Gold, with 36,523 pips.
It traded all day long, having focused on the beginning and closing of the European trading session.
Monday and Tuesday were the less traded days.
The advisor executed deals with medium risks to the balance.
At the end of May 2021, the last deals were executed.
The robot worked horribly in 2021. It’s predictable that it was stopped.
People feedback
We can find some fake, faceless reviews on the site. The service was started in 2013, but we’ve got a comment where a person is happy clients since 2012.
Is IProfit EA a viable option?
| Advantages | Disadvantages |
| Real-account trading results | No team revealed |
| Backtest report provided | No settings explanations provided |
| No risk or money management advice given | |
| Horrible trading results | |
| The robot is stopped | |
| No real feedback provided | |
| Insane pricing | |
| No money-back-guarantee provided. All deals are final |
Summary
iProfit EA is a scam trading solution. The developers have stopped running it on their real account for making profits. The presentation is not informative. There’s no money-back guarantee provided. We’d like you to stay aside from it for your best.
