The developer of Zeus EA claims that this is a trading advisor that can provide us with an average monthly gain of 5-15%. However, trading results don’t confirm this claim. The real profitability is around 3%. Elite CurrenSea belongs to an award winning team of Nenad Kerkez and Chris Svorcik. The company was funded in 2014.
Features
We have found all features, settings, and other explanations about the system and gathered them in the list below:
- The advisor is a fully-automatic trading solution.
- We can expect to receive passive income from using this system.
- It can be set on the MT4 platform only.
- The advisor can trade without errors at all.
- The system has to provide us with 15% of the monthly return.
- It’s a fast-executing trading solution.
- We can work on the market with low risks.
- The drawdowns shouldn’t be higher than 20%.
- Trading results showed 53% of the drawdowns.
- The system works with EURUSD only.
- It performs orders well with the market volatility.
- The optimal balance should be over €2,500.
- We can ask developers for broker advice.
- The developers avoided explaining details about the trading strategy.
- We are allowed to work with any account type.
- The system should be used on the M5 time frame only.
How to start trading with Zeus EA
The offer looks a bit complicated. The advisor can be rented out for €699 annually. We can purchase a copy of the robot for €999. If we choose a sponsor rental option it will cost €399. These prices are twice-three times overpriced compared with the similar solutions on the MQL5 site. We can subscribe for the managing account service.
Backtests
The advisor was tested on the data from 2016 to 2020. The absolute gain has become 374.25%. An average monthly gain is 2.8%. The time frame was M5.
The robot closed 14,662 deals and lost 24,479 pips. An average win was 8.08 pips when an average loss was -24.24 pips. The win rate was 69-70%. The profit factor has amounted to 1.52.
The system traded in both directions equally.
The robot worked with low risks to the balance.
Verified trading results of Zeus EA
It’s time to talk about actual trading results. The system has been running a real EUR account on the Key to Markets broker. It performs orders with the leverage of 1:500 and receives data from the MT4 completely automatically. The account has a verified track record.
The advisor has performed 67,768 orders and lost -103,769.1 pips. An average win is 8.08 pips when an average loss is three times deeper, -23.18 pips. The win rate is 68-69%. An average trade length is 14 hours and 6 minutes. The profit factor is 1.31.
The developers decided not to show profits in EUR. In pips, both directions were lost.
The advisor works with low risks to the balance.
From this part of statistics, we can note Grids of 15-30 orders. The system also uses approximately x15-20 Martingale that puts the account at insane risks.
People feedback
The developers provide us with a page on Forex Peace Army where everyone can leave a comment. There are 86 reviews that formed a 4.499 rate.
People have explained in many ways why this company with its products should be avoided.
Is Zeus EA a viable option?
| Advantages | Disadvantages |
| Backtest reports provided | No strategy explanations shared |
| Trading results revealed | No risk advice given |
| The system uses huge Grids of orders | |
| There’s no refund policy applied | |
| Many negative testimonials written |
Summary
Zeus EA is a trading solution that has a simple and not quite informative presentation. The developers avoided telling us details about strategies behind the system. After looking at trading results, we could spot insanely aggressive Grids and the same aggressive level Martingale. This combination can’t work conservatively at all. The only way to make profit is to set the account at huge risks. We have many negative comments written about this from former clients.
