BF Scalper Pro Review Is The EA Legit Or Scam

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BF Scalper Pro Review: Is The EA Legit Or Scam?

BF Scalper Pro Review: this is the name of a Forex expert advisor or forex robot made by the vendors at Fx Automater. Is this a working Forex robot? Forex robots sound very pleasing as they come in handy but not all of them work well. Read this review to find out more about the product.

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What Are Forex EAs, Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions.

It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.

BF Scalper Pro Review

The vendor boasts that the product is one of the most successful Expert Advisors.

There is a free version of this robot but we are concerned with the professional version in this article. It comes with many features and systems to improve its overall performance. BF Scalper Pro is created by the Fx Automater team.

How BF Scalper Pro Works

This robot uses an improved exit logic that reduces the drawdown and increases the efficiency of the system. It comes with a Grid system as an additional feature to make it more profitable and less broker dependent. The Grid system comes disabled by default and a manual for using it is provided on the page. Supported currency pairs are GBPUSD, EURUSD, EURCHF, EURAUD, EURCAD, GBPCAD, USDCAD, USDCHF, and USDJPY.

BF Scalper Pro works well on the M15 timeframe and its performance is dependent on the brokers’ conditions. The vendor warns traders to not try it on random brokers or micro-accounts. Also, the broker should have 4 or 5 digits’ price quotes.

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From the name we expected to see much more about the scalping method than we saw on the page. It is more focused on the optional Grid trading strategy but the details are impressive. Operating systems like Mac OS and Windows OS are what are currently compatible with the EA.

Features of BF Scalper Pro

Strong, pure and simple trading logic
Reasonable TP and SL levels – plus new ATR based algorithm
Low drawdown
Solid 18-year backtest performance
Multiple currency pairs support
Advance news filter
Volatility filter
New, improved, highly effective exit logic
Email and Push notification system
Friday exit system
Grid system (optional)

BF Scalper Pro Price

1 Real Account – $97

The price of the robot as of when we compiled this review is $97 but the normal price is $147. It comes with 3 demo accounts, 24/7 support, and a 60-day money-back guarantee.

Client Feedback

As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.

There were few things of use found about the robot on a third-party website. Some positive ones were seen on the MQL5 website but we don’t trust them because fake reviews are not regulated. This is a discouraging find as we advise vendors to encourage their clients to come forward with testimonies.

The vendor provides 3 trading accounts on MyFxBook but 2 of them are demo accounts. Some impressive figures are seen on the live results and interested traders can check them out.

Support

To get in touch with the customer care service of this vendor, traders can use the message form provided on the page.

Conclusion

BF Scalper Pro provides good trading results as proof of the working system which we appreciate. The price is also affordable and competitive. As we stated, we would appreciate it more if there was more information about the scalping method.

TopedgeFX.com

Honest Trading Product | Reviews

Forex Reviews Ι Stocks and CFDs Brokers

When you want to trade Forex, Stocks, Futures, Cryptocurrencies, Bonds or CFDs, there’s always a broker or an exchange where you can open an account to facilitate your trading.

In fact, since trading became popular on the internet, hundreds of brokers have sprang up and they all masquerade as “the best brokers” to trade with on the internet.

Some of the features they use to lure traders include:

  1. Education capabilities
  2. Market research and analysis including weekly trade ideas
  3. AI software for trading
  4. High leverage and tight spreads
  5. Deposit bonuses
  6. Cutting-edge trading platform

Because there are literally hundreds of brokers on the internet offering the same exact thing, one may ask:

How do we choose the best broker and avoid the bad ones?

To answer that question, we’ve selected 3 brokers that we think have at least met industry standards.

These brokers are ranked according to features, level of customer support, regulations, reputation and many other factors.

On the other hand, we leave traders to decide which brokers they want to choose. Usually, one trader’s style is different from another trader’s strategy.

The two traders cannot be satisfied by one broker due to their varying trading styles and needs in general.

The list of the best brokers to trade with

As we’ve said previously, we’ll rank brokers based on their capabilities and most of these parameters are looked at in favor of the client.

So we’ll also look at how they handle customer funds, structure of their business, whether or not they’re regulated and also length of time that they’ve stayed in operation.

On top of that, we usually update this list to reflect any changes or actions that may have been taken against any broker by their respective regulatory authorities.

We’re only listing brokers that are regulated by financial organizations listed below:

Some of the financial regulators above are made up for independently governed agencies while others are operated by the Central bank of the country where the financial regulator is based at.

Our Ratings: 80/100

Withdrawal time: Under 24 hrs

MT4 and MT5: Yes

Minimum Deposit: $100

Support: Very Good

Our Ratings: 75/100

Regulated: FCA 19776 IBC 2020

Withdrawal time: Under 2 hrs

MT4 and MT5: Yes

Minimum Deposit: $50

Support: Very Good

Our Ratings: 75/100

Assets: Forex, Stocks, Options, Crypto

Withdrawal time: Under 2 hrs

Minimum Deposit: $10

Latest Reviews

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Archives

  • April 2020 (10)
  • March 2020 (47)
  • February 2020 (26)
  • January 2020 (24)
  • December 2020 (69)
  • November 2020 (41)
  • October 2020 (21)

About Topedgefx.com

Our reviews are honest and truthful. We expose investment wackadoodles on the internet. On the other hand, when a trading product or service is good, we let you know.

TopedgeFX.com

Honest Trading Product | Reviews

Forex Reviews Ι Stocks and CFDs Brokers

When you want to trade Forex, Stocks, Futures, Cryptocurrencies, Bonds or CFDs, there’s always a broker or an exchange where you can open an account to facilitate your trading.

In fact, since trading became popular on the internet, hundreds of brokers have sprang up and they all masquerade as “the best brokers” to trade with on the internet.

Some of the features they use to lure traders include:

  1. Education capabilities
  2. Market research and analysis including weekly trade ideas
  3. AI software for trading
  4. High leverage and tight spreads
  5. Deposit bonuses
  6. Cutting-edge trading platform

Because there are literally hundreds of brokers on the internet offering the same exact thing, one may ask:

How do we choose the best broker and avoid the bad ones?

To answer that question, we’ve selected 3 brokers that we think have at least met industry standards.

These brokers are ranked according to features, level of customer support, regulations, reputation and many other factors.

On the other hand, we leave traders to decide which brokers they want to choose. Usually, one trader’s style is different from another trader’s strategy.

The two traders cannot be satisfied by one broker due to their varying trading styles and needs in general.

The list of the best brokers to trade with

As we’ve said previously, we’ll rank brokers based on their capabilities and most of these parameters are looked at in favor of the client.

So we’ll also look at how they handle customer funds, structure of their business, whether or not they’re regulated and also length of time that they’ve stayed in operation.

On top of that, we usually update this list to reflect any changes or actions that may have been taken against any broker by their respective regulatory authorities.

We’re only listing brokers that are regulated by financial organizations listed below:

Some of the financial regulators above are made up for independently governed agencies while others are operated by the Central bank of the country where the financial regulator is based at.

Our Ratings: 80/100

Withdrawal time: Under 24 hrs

MT4 and MT5: Yes

Minimum Deposit: $100

Support: Very Good

Our Ratings: 75/100

Regulated: FCA 19776 IBC 2020

Withdrawal time: Under 2 hrs

MT4 and MT5: Yes

Minimum Deposit: $50

Support: Very Good

Our Ratings: 75/100

Assets: Forex, Stocks, Options, Crypto

Withdrawal time: Under 2 hrs

Minimum Deposit: $10

Latest Reviews

Feedback

  • Isaac on Livetraders.com Review: Is Live Traders by Jared Wesley Legit?
  • Katherine on Price Action ltd Review: is Priceactionltd.com Scam?(Update)
  • Katherine on Price Action ltd Review: is Priceactionltd.com Scam?(Update)
  • TopedgeFX Team on Basecamp Trading Review: The Drew Day Scam!
  • Robert Maldonado on Basecamp Trading Review: The Drew Day Scam!

Archives

  • April 2020 (10)
  • March 2020 (47)
  • February 2020 (26)
  • January 2020 (24)
  • December 2020 (69)
  • November 2020 (41)
  • October 2020 (21)

About Topedgefx.com

Our reviews are honest and truthful. We expose investment wackadoodles on the internet. On the other hand, when a trading product or service is good, we let you know.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

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