The Gold Trader system is an automated gold trading robot developed by the LeapFX team for the MT4 desktop terminal. It can look for gold trading signals automatically then place and manage trades on behalf of the user. You may also set the software to send you gold signal alerts via SMS and email notifications if you prefer to trade manually. Either way, you will need the Gold Trader EA attached to the XAU/USD chart in the MT4 platform which needs to be up and running for it to work. If this is not feasible on your home computer or laptop, you could consider a virtual private server (VPS) which would allow you to remotely run MT4 around the clock without needing your own machine switched on. In this Gold Trader Review, we will be taking a look at the trading strategy used, key features and most importantly, recent trading results of the software.
As you can tell by the name, the Gold Trader robot automatically trades the XAU/USD pair (GOLD) via charts in the MT4 platform. The LeapFX team of experienced programmers have a range of commercial trading robots available to purchase including this one and DynaScalp, Trade Explorer, Bounce Trader, AX Trader, Jet Trader Pro, The Fund Trader, Automic Trader, InstantEA, Funnel Trader 2.0, Arbitron, Easy Money X-Ray Robot, The Skilled Trader, News Action Trader and Econ Power Trader.
LeapFX state that the Gold Trader system is based on a recurring trading signal that occurs every few weeks on gold. The signal utilises a unique combination of indicators to identify patterns of divergence on gold.

Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
The Gold Trader system limited traders to a few days at the most. It will try to lock in profits at the ideal opportunity and allow the trade to run so that it can maintain a favourable risk to reward ratio. Whilst it is not a frequent trader, the developers state that it has been coded with long term stability in mind.

Gold trading is known for its stability, which has made it one of the most popular investments for storing wealth for some traders. While forex traders might focus on short-term price fluctuations, the majority of gold traders may look to take advantage of longer-term trends.
Now that we have covered the Gold Trader strategy, lets take a look at some of the key features.
Automated Trading
You can simply attach the Gold Trader EA to the XAU/USD chart in your MT4 platform and it will start scanning the market for trades. When it finds a valid trading signal according to the built-in algorithm, it can place, manage and close a trade on your behalf. This makes it a fully automated gold system suitable for traders of all experience levels. However, you should be aware of the risks involved with using any manual or automated trading system.
Broker Protection System
Despite the developers saying that the Gold Trader system is not dependant on specific broker conditions, they have still made available some external input parameters to try and help users avoid unsuitable broker conditions. This include a maximum spread and slippage filter that will prevent the expert advisor from taking a trade if the brokers spread or slippage is too high.
It is not uncommon to see the exact same trading system with the exact same settings give different results on different brokers. Hence, we believe that this shows the importance of using a broker with tight spreads, low commission and rapid execution speeds, regardless of the trading strategy being used.
Free Updates
The LeapFX team are constantly striving to try and improve their trading software through ongoing development, optimisation and testing. When you purchase the Gold Trader EA, you get lifetime update completely free of charge. This is important when you consider the markets are constantly changing so an automated system needs to be able to adapt accordingly.
Detailed Instructions
The Gold Trader comes with a detailed instruction manual including screenshots so that anyone can set it up and adjust settings to their own individual requirements. If you run into any confusion, or need help with setup, you can reach out to LeapFX at anytime and they will provide you with hands on support.
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.
Gold Trader Myfxbook
Unfortunately, LeapFX have only provided Myfxbook screenshots without any link to a verified trading account running the software. We would like to see them publish and share a real account running the Gold Trader EA so that we can check the latest results of this gold robot.
Gold Trader Backtesting
As with live accounts, we don’t have any Gold Trader backtests to get even a rough idea of how it performed over historical data and different market conditions. We hope the robot developers will consider adding 99% modelling quality backtests in the near future so that potential users can get an idea of what to expect.
There aren’t many gold trading robots commercially available when you compare them to the vast amount of forex robots you can purchase. The divergence-based trading strategy behind the Gold Trader system is good in theory, but we are let down by a lack of real results or backtests to judge its performance. You may wish to look at another trading robot for MT4, such as the Forex Flex EA.
What is the Gold Trader price?
The purchase options are $247 for a one-year license, or $497 for a lifetime license. Both options include the Gold Trader System with optimised settings, detailed instructions, free updates, hands-on support and a money back guarantee.
Where can I download the Gold Trader?
You can download the Gold Trader from the official website here. You can have full access to the Gold Trader system right now with a 30-day money back guarantee for any reason at all.
What kind of customer support does Gold Trader offer?
LeapFX provide email support.
What are the best brokers to use with the Gold Trader?
You can use any MT4 broker to run the Gold Trader EA.
What’s the minimum amount required to trade with the Gold Trader?
There is no specified minimum amount required to start using this gold trading robot. You should only use what you feel comfortable with and can afford to lose.
What is the Gold Trader refund policy?
If you are not happy with the product for any reason at all, you can request a refund within 30-days by sending LeapFX an email and they will refund you.
Is the Gold Trader a scam?
Although we don’t believe that the Gold Trader is a scam, that does not mean it will produce good results. No matter how good any trading robot is, none can predict the future.
Can I get the Gold Trader for free?
You probably could spend countless hours looking for a free version of the Gold Trader being shared but it is likely to be out of date, unsupported and potentially dangerous.
What currency pairs does the Gold Trader trade?
It trades the XAU/USD pair.
What are the best Gold Trader settings?
The best settings for the Gold Trader are those provided by the developer. 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. However, you will need to change the position size to a suitable level according to your own risk preferences as every trader is different.
Can I change the Gold Trader 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. You could also backtest the robot in the MetaTrader 4 strategy tester with your own combination of settings to get a rough idea of historical performance.
What do I need to run the Gold Trader?
You will need the MetaTrader 4 platform and an account with a forex broker. Most forex brokers will let you open an account with a small deposit or free demo account and offer the MetaTrader platforms free of charge.
How much money can I make with the Gold Trader?
There are absolutely no guarantees on how good or bad any trading robot will perform. Due to the unpredictable nature of the 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 Gold Trader expert advisor.
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.