Prop Firm EA is a trading advisor that was released several months ago on the My EA Academy site that belongs to SinryAdvice. The presentation doesn’t look professional.
Features
We have prepared and systemized details about the robot and what we should expect from it in the next list:
- It works automatically for us on our account.
- It was released on August 01, 2021.
- The system runs accounts with low drawdowns.
- The monthly profit can be from 10% to 20%.
- “Prop Firm EA is compatible with funding firms such as FTMO, MY FOREX FUNDS, etc.”
- “After successfully passing the challenge, you will generally be awarded with an account funded up to $200,000 and your earnings on the account will be shared with a profit split between the firm and the individual.”
- There’s a news filter feature.
- The installation takes several minutes, not more.
- It works with 25 pairs.
- The drawdowns are below 5%.
- No Martingale on the board.
- Prop firm EA uses a “top-bottom reverse trading strategy along with grid, internal smart indicator signals and news filter as its trading strategy.”
- It works on “2k, 5k, 10k, 50k, 100k and 200k USD accounts.”
- It requires $2000 for trading with 0.01 lot sizes.
- The orders are closed on Friday.
How to start trading with Prop Firm EA
We have to buy the robot for $588 annually. The robot is sold out. So, there’s no way for us to start working with it. The developers provide a 14-day money-back guarantee from SinryAdvice.
Backtests
The system doesn’t have backtest reports to convince us that we’re safe and sound. We can’t be sure that it was well tested before being released.
Verified trading results of Prop Firm EA
The system works on the real USD account on IC Markets automatically with 1:500 leverage on the MT4. The account has a verified track record. It was created on August 01, 2021, and deposited at only $1,000. Since then, the absolute gain has become 27.16%. An average monthly profit is 27.16%. The maximum drawdown is 57.59%. It’s an insane number that doesn’t match with what the devs said.
There were 156 orders with 4092.9 pips traded. An average win is 63.41 pips when an average loss is -81.58 pips. The win rate for longs is 71% when for shorts is 78%. An average trade length is three days. The profit factor is 2.54.
The system trades all directions on all pairs with profits. It’s quite impressive.
The robot opens orders during the high-impact news.
Thursday and Friday are the less traded days.
The system works with medium risks to the balance.
The developers allowed us to know what orders are on the market.
The advisor works with insanely deep SL levels that should be traded out in the next orders.
The robot hasn’t closed any month yet. It’s an absolutely young trading advisor.
We may note that there are several accounts blown.
People feedback
The presentation includes several testimonials published about how the system goes.
Review summary
| Advantages | Disadvantages |
| Trading results provided | No team revealed |
| Strategy explanations written | No risk advice given |
| No settings explanations provided | |
| Insanely deep drawdowns and Stop Losses | |
| Lack of people’s testimonials | |
| The system is a young trading solution |
Prop Firm EA is a trading advisor that works with 25 pairs using a Grid of orders strategy. The developers claimed that the robot works with low drawdowns, but trading results showed the opposite. So, we can’t trust them that this system is stable and secure.
