The Arbitron EA from LeapFX is an arbitrage trading system that can trade automatically on the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms for desktop. This forex robot can scan charts within the platform for trading signals. When it discovers a potential trade opportunity, the software can enter, manage and exit trades on behalf of the trader. You will need the MT4 platform up and running on your computer or laptop in order for the expert advisor to be able to work correctly. If it is not possible to always have Arbitron running on your machine, you could consider a Forex VPS (virtual private server) which can run your trading terminal remotely 24/7. In this Arbitron Review, we will be taking a look at the trading strategy used, key features and latest results of this trading software. Hopefully this will help you decide if it is something that you would like to implement within your own trading portfolio.
- Fully automated trading robot
- Can trade on multiple financial instruments
- Customisable settings
- Compatible with both MetaTrader 4 and MetaTrader 5 platforms
- No backtests
- Large drawdowns
- Myfxbook has not been updated in years
- Arbitrage is not allowed with many brokers
- Requires very specific broker conditions
The Arbitron system is another trading robot from the LeapFX team of experience programmers. Over the years they have developed a range of commercially available trading robots that you can purchase including DynaScalp, Trade Explorer, Bounce Trader, AX Trader, Jet Trader Pro, The Fund Trader, Automic Trader, InstantEA, Funnel Trader 2.0, Easy Money X-Ray Robot, The Skilled Trader, News Action Trader and Econ Power Trader. This particular robot uses an automated arbitrage strategy.
Arbitrage is a trading strategy in which a trader simultaneously buys and sells an asset in different markets to try and take advantage of a price difference and generate a profit. While price differences are typically small and short-lived, the returns can be impressive when multiplied by a large volume. However, it can be very difficult to find arbitrage trades and they require very specific broker and market conditions to be successful.
Although the speed at which transactions are carried out means that the risk for the trader can be very low, there is always some risk with trading online, particularly if prices are moving quickly or liquidity is low. Spreads, slippage and trading fees can all eat into any profits from arbitrage trading and can even make it difficult if not impossible to make any profit at all from arbitrage.
Traders can use an automated trading system to their advantage as part of an arbitrage trading strategy. Automated trading systems such as Arbitron rely on algorithms to try and spot price discrepancies and, as a result, they enable a trader to jump on an exploit in the markets before it becomes common knowledge and the markets adjust. Popular forex arbitrage trading strategies include currency arbitrage, covered interest arbitrage and triangular arbitrage.
The Arbitron robot uses a latency type of arbitrage system. Latency arbitrage trading is a type of trading where the trader uses a special software to compare a fast price feed with a slow price feed broker. When the price on the fast feed is higher than the price on a slow broker it creates a buy opportunity. When the price on the fast feed is lower than the price on a slow broker it creates a sell opportunity.
Arbitrage can be accurate because we are able to see where the price in the market went already, there’s no analysis, prediction or guessing, we know for a fact where the market went because we have access to a price feed that got the data faster than another broker.
The Arbitron simple pricing system is built for speed to get the fastest pricing and try to beat out your brokers speed. It goes directly to the source for its pricing. The price feeder connects to the Arbitron trading system that is running on your MetaTrader 4 platform and feeds it the data automatically – while the system trades for you.
Arbitron has a built-in protection module that makes its trades appear to be like normal operations and not arbitrage. This is to help avoid your broker having concerns about the method you are using. All of the complex code behind Arbitron is intelligently designed to be keep resource use at a minimum so that it runs faster. Anything that LeapFX discovered was not useful was removed from the coding. This minimalist design helps to make the system quicker, because speed is key with arbitrage trading.
Now that we have an idea of the arbitrage system that the Arbitron software is using, here we will take a look at some of the key features of the software.
Arbitron is a 100% automated forex system that trades on major currency pairs and utilizes latency arbitrage to try and find entry and exit opportunities in the forex market. This makes is a trading solution for both beginner and experienced traders alike. That being said, you should be aware of the risks when using any manual or automated trading system.
You don’t need to adjust any of the Arbitron settings to a broker or server as the system automatically detects and sets it all for you. The Arbitron system is compact and simple – providing information to help you understand what’s going on with the results, speeds, and potential. Regardless, you should always make sure that the software is set to use a risk that you feel comfortable with as everyone has a different risk tolerance level.
LeapFX designed Arbitron with simplicity in mind. They wanted to create something that was beginner friendly, easy to setup and doesn’t require any complex adjustments.
When choosing a trading robot, one of the most important things to do is to check the latest results and see how it has been performing historically. Whilst this is no guarantee of future performance, it can help to give us a rough idea of the trading system being used.
The LeapFX development team have shared some third party verified Arbitron results and provide account statements with statistics. You can click each of the charts below to see more detailed information regarding the Arbitron trading activity. Unfortunately, the results haven’t been updated for a while so we cannot see the latest performance. It would be great if LeapFX were to add some new accounts showing recent results of the EA.
Disappointingly, there aren’t any Arbitron backtests shared by the developers. However, we should consider that as this is a forex robot that is utilising an arbitrage strategy, it may not actually be possible to backtest it.
The Arbitron EA is one of the only forex expert advisors that is primarily focused on trying to exploit arbitrage opportunities in the forex market. It contains an innovative price fees and range of useful features. That being said, the real trading accounts running the Arbitron system have not been updated for a while and we feel that it would be highly dependable on broker conditions. You may wish to look at another forex robot such as the Forex Flex EA.
The Arbitron EA is a forex robot that uses an automated arbitrage strategy for MT4/5 which attempts to take advantage of small discrepancies between forex broker price feeds.
What is the Arbitron price?
There are 2 Arbitron EA packages to choose from. You can purchase a 3-month plan for $347 or a lifetime membership for $799. Both options include the Arbitron trading software for forex pairs, lifetime license, lifetime updates, lifetime support and a 30-day money back guarantee.
Where can I download the Arbitron?
You can download the Arbitron from the official website here.
What kind of customer support does Arbitron offer?
LeapFX provide dedicated email support.
What are the best brokers to use with the Arbitron?
You can use any MetaTrader 4/5 broker to run the Arbitron EA.
What’s the minimum amount required to trade with the Arbitron?
There is no specified minimum amount required to start using this trading software. You should only use what you feel comfortable with and can afford to lose.
What is the Arbitron refund policy?
LeapFX provide a 30-day refund period where you can request a full refund if you are unhappy with the software for whatever reason.
Is the Arbitron a scam?
Although we do not think that Arbitron is a scam,we would like to see some up to date results. We would also think about how dependant an arbitrage system can be on using forex brokers that meet specific requirements in order to increase any chances of success.
Can I get the Arbitron for free?
You probably could spend countless hours looking for a free version of the Arbitron being shared but it is likely to be out of date, unsupported and potentially dangerous.
What are the best Arbitron settings?
The best settings for the Arbitron are probably those provided by the developers. Nobody will know the robot more than the person who created it. They would have spent countless hours over many years optimising the settings so that you don’t have to.
Can I change the Arbitron settings?
If you have the knowledge and experience, you are free to experiment with your own settings, this includes the lot size, stop loss, take profit, and more. You may wish to test your settings on a demo account to begin with to see how things go.
What do I need to run the Arbitron?
You will need either the MetaTrader 4 or MetaTrader 5 desktop platforms and an account with a forex broker. Most forex brokers will let you open an account with a small deposit and download the MetaTrader platforms free of charge.
How much money can I make with the Arbitron?
There are absolutely no guarantees on how good or bad any trading robot will perform. Due to the unpredictable nature of the forex markets, nobody can predict what will happen in the future. You should make sure that you understand all of the risks involved using any automated trading system such as the Arbitron EA.
Results are based on historical data. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. There is no guarantee of future performance. You should understand the risks involved with trading. Your capital is at risk.