FxStabilizer Review
FxStabilizer is a forex robot that trades 8 currency pairs on the 1-hour charts in the MetaTrader 4/5 platforms. It includes 2 trading modes and is backed with years of verified results.
The FxStabilizer EA is a forex robot that trades automatically in the MetaTrader 4 platform. You can place it on currency pair charts in the MT4 platform and it will search for trading signals using its built-in trading algorithm. When the FxStabilizer software finds a valid signal according to the trading strategy that it is using, it can place and manage trades on your behalf. If you prefer to trade manually, you can also set the FxStabilizer EA to send you an alert for you to check the current market conditions and decide if you would like to take a position or not. In this detailed FxStabilizer EA Review, we will take a look at the forex strategy that it is using, its key features and results.
FxStabilizer implements 2 fully automated forex trading strategies, which the developer calls the durable and turbo modes. The durable mode aims for stable progress with slow and steady gains whereas the turbo mode aims for greater gains with the implications of additional risk. Regardless of the mode used, the robot has been programmed to try and make consistent gains with limited drawdowns.
It can run on any forex broker that provides the MetaTrader 4 or MetaTrader 5 platforms. Generally speaking, the lower the brokers spreads and commission fees, the more you can save on trading costs, regardless of the trading system that you are using.
Since 2015, the FxStabilizer EA development team have been consistently working on improving the software to ensure that it stays relevant in the ever-changing forex market. This includes implementing innovative features that enable the user to gain further control over the robots trading activity. That being said, it is also possible to use the software with the default settings that have already been optimised based on many years of development and backtesting.
Below you can compare FxStabilizer features depending on the package that you choose:
FxStabilizer PRO
The FxStabilizer PRO EA trades on 8 currency pairs which are the AUD/USD, CHF/JPY, EUR/GBP, EUR/USD, EUR/JPY, GBP/CHF, USD/CAD and USD/JPY. It has been coded specifically for the 1-hour chart timeframe.
The main pairs and the only pairs that have both the durable and turbo modes are the EUR/USD and AUD/USD. The other pairs of not have the option to switch between modes.
The FxStabilizer PRO version includes an unlimited license which is useful if you wish to run the software on different trading accounts. It also has no restrictions on which currency pairs it can be used on whilst the robot settings can be fully customised according to your own trading style. This is a useful feature if you plan on developing your own parameters.
FxStabilizer Ultimate
The FxStabilizer Ultimate version is limited to 6 currency pairs, which are as follows: AUD/USD, CHF/JPY, EUR/GBP, EUR/JPY, EUR/USD and USD/JPY. The software uses a hard drawdown control feature which aims to limit the potential loss, depending on the current market conditions.
Just like with the ultimate version of the FxStabilizer EA, you can choose between the durable and turbo modes only on the EUR/USD and AUD/USD pairs. The trading mode that you opt for will depend on your trading style.
When it comes to choosing a forex robot suitable for your own investing goals, one of the most important things to look for are past performance. Whilst this is by no means any guarantee of how well a system will perform in the future, it can help to give us a rough idea of how it works. Here we will take a look at FxStabilizer results in terms of verified accounts and MT4 backtests in the strategy tester.
FxStabilizer Myfxbook
We have a good selection of FxStabilizer real trading accounts that have been verified by Myfxbook. You can see the latest results in the Myfxbook graphs below which can be clicked for further statistics.
FxStabilizer Backtesting
There are FxStabilizer backtests over an impressive 20 years of historical data on all of the currency pairs that it trades. However, the tests only have 90% modelling quality which means they are not using tick data and variable spreads. We would always prefer to see a forex robot use 99% modelling quality in the MT4 strategy tester as the data should be more reliable.
The FxStabilizer EA has a versatile automated trading system that can be set to different modes depending on your risk preferences. The fact that it can adapt to 8 currency pairs that each have different behaviours, shows there is some sound logic behind the entry and exit built within its unique trading algorithm.
There are many years of historical data available for potential users to study before deciding if it is a system that they would want to try out. We would always start on a demo account when using any manual or auto forex trading strategy. Furthermore, it is worth considering that there can be substantial drawdowns with this particular forex robot as evident from the provided results.
FxStabilizer has been designed to be easy to use. If you are a beginner and would like to test the EA, you can just install it on a demo account, select your preferred trading mode (durable or turbo) and set the risk percentage you would like the software to use. You also get detailed instruction manuals, free lifetime updates, 24/7 support and a 30-day money back guarantee.
What is the FxStabilizer price?
The FxStabilizer Ultimate EA costs $536 whereas the FxStabilizer Pro EA costs $739. The main differences between each package are the number of currency pairs and trading accounts that you can use the robot on.
Where can I download the FxStabilizer?
You can download the FxStabilizer EA from the official website here.
What kind of customer support does FxStabilizer offer?
There is 24/7 support via email for all of your questions.
What are the best brokers to use with the FxStabilizer?
You can use any forex broker that has MetaTrader 4 or MetaTrader 5 to run the FxStabilizer EA.
What’s the minimum amount required to trade with the FxStabilizer?
There is no minimum amount required to start using this trading robot. You should only ever use what you feel comfortable with and can afford to lose.
What is the FxStabilizer refund policy?
The developers provide 30 days full money back guarantee if the FxStabilizer forex software is not for you.
Is the FxStabilizer a scam?
No, we don’t think that the FxStabilizer EA is a scam but that doesn’t mean it is going to produce good results because the forex market can be very volatile and unpredictable.
Can I get the FxStabilizer for free?
You probably could spend hours trying to find a free copy of FxStabilizer being shared without permission but it is probably going to be out of date and unsupported.
What currency pairs does the FxStabilizer trade?
AUD/USD, CHF/JPY, EUR/GBP, EUR/USD, EUR/JPY, GBP/CHF, USD/CAD and USD/JPY.
What are the best FxStabilizer settings?
The best settings are more than likely going to be those provided by the developer as they will be the most familiar with the robot and how it works. They have spent many hours over the years optimising the EA settings so that users don’t have to.
Can I change the FxStabilizer settings?
If you have the knowledge and experience, you are free to test your own settings on a demo account. You could also backtest the robot in the MetaTrader strategy tester to discover settings for different currency pairs and chart timeframes.
What do I need to run the FxStabilizer?
You will need either the MetaTrader 4 or MetaTrader 5 desktop platforms and an account with a forex broker. Most forex brokers will allow you to open an account with a small deposit or a free demo account and download the MetaTrader platforms free of charge.
How much money can I make with the FxStabilizer?
There are absolutely no guarantees on how good or bad any trading robot will perform. Due to the unpredictable nature of the forex market, nobody can predict with certainty what will happen in the future.
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.
