VVX Xerath XT EA MT4 – Free Download

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Unveiling the VVX Xerath XT EA: A Comprehensive Review

In the realm of Forex trading, where precision and strategy are paramount, traders are constantly seeking tools that promise to navigate the complexities of the market with ease. One such tool that has recently garnered attention is the VVX Xerath XT EA. Advertised as a sophisticated solution tailored to conquer the challenges posed by proprietary trading firms, this EA download boasts advanced technology and strategic prowess. However, a closer examination reveals a significant disparity between its advertised features and its actual functionality and effectiveness.

 

Advertised Features vs. Reality

AI-Powered? Questionable Claims

The seller markets the VVX Xerath XT EA as an AI-powered marvel capable of navigating the intricate Forex market terrain. However, upon scrutiny, this claim appears dubious. The EA's operational mechanics and interface closely resemble those of other, less sophisticated EAs, casting doubt on the purported advanced AI capabilities.

Designed for Proprietary Trading Challenges: A Gamble at Best

While the EA claims to be finely tuned to pass the stringent challenges set by proprietary trading firms, the inclusion of a Martingale strategy raises eyebrows. Martingale strategies, infamous for their tendency to double down on losing trades in a bid to recoup losses, are inherently risky and can result in significant drawdowns. Proprietary trading firms typically enforce strict risk management protocols, making the success of such strategies in their evaluations highly questionable.

Martingale Strategy: Misleading Information

Despite explicit disavowals of employing a Martingale strategy, the VVX Xerath XT EA does, in fact, utilize this approach. This inconsistency is misleading and calls into question the transparency and reliability of the information provided by the seller.

Suitability for Small Accounts: Unrealistic Expectations

The assertion that this free EA download is suitable for small accounts is another misleading statement. A minimum balance of $1,000 or a $100-cent account is necessary to run the EA effectively, and even then, balances of $1,000 are precariously at risk. This requirement places the EA out of reach for traders commencing with smaller capital, contradicting the seller’s claims.

Technical Specifications

Version: 1.0
Year of issue: 2024
Working pairs: XAUUSD, GBPUSD, and US30
Recommended timeframe: M1, M5
Minimum Deposit: $1000
Average of account: 1:30 To 1:1000

Best Brokers List

VVX Xerath XT EA  works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
VVX Xerath XT EA MT4 - Free Download 2
Register2007
🇦🇺 Australia
🇨🇾 Cyprus
🇧🇸 The Bahamas
🇸🇿 Seychelles
1:1000$200ASIC, SCB, FSA
VVX Xerath XT EA MT4 - Free Download 3Register2008
🇨🇾 Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
VVX Xerath XT EA MT4 - Free Download 4Register2009
🇧🇿 Belize
1:2000$10FSC
VVX Xerath XT EA MT4 - Free Download 5Register2009
🇧🇿 Belize
1:3000$1IFCS
VVX Xerath XT EA MT4 - Free Download 6Register2009
🇨🇾 Cyprus
🇦🇺 Australia
🇧🇿 Belize
🇦🇪 Emirates
1:1000$5 ASIC, CySEC , IFSC
VVX Xerath XT EA MT4 - Free Download 7Register2010
🇦🇺 Australia
1:500$200FCA , ASIC, DFSA
VVX Xerath XT EA MT4 - Free Download 8Register2011
🇬🇧 England
1:500$25CySEC
VVX Xerath XT EA MT4 - Free Download 9Register2006
🇪🇭 Ireland
1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

VVX Xerath XT EA Settings

VVX Xerath XT EA MT4 - Free Download 10

EA Settings and Recommendations

The VVX Xerath XT EA offers various settings, including:

  • Allow Buy/Sell
  • Strategy Type
  • Lot Type
  • Initial Lot Size
  • Trade TP (Take Profit)
  • Lot Multiplier
  • Max Lot Limit
  • Increase Lot Size After Trades
  • Risk Management Parameters
  • Loss Cut Type and Value
  • DD (Drawdown) Recovery Settings

The developer recommends a minimum deposit of $1,000 for 0.01 Lot size. Alternatively, traders can utilize a $100-cent account or an equivalent standard account for a safer approach. The EA purportedly works best on currency pairs such as XAUUSD, GBPUSD, and US30, across M1 and M5 timeframes. Stable results are purportedly achievable when the EA is operated on a Virtual Private Server (VPS).

Conclusion of VVX Xerath XT EA

While the VVX Xerath XT EA positions itself as a state-of-the-art tool for Forex traders striving to conquer proprietary trading firm challenges, its misleading information about the Martingale strategy, questionable AI-powered features, and unrealistic claims about suitability for small accounts raise major concerns. Prospective users are advised to approach this free EA download cautiously, recognizing that while it may offer profit opportunities, it also poses substantial risks, particularly when considering the stringent criteria of proprietary trading firms. Proper risk management and thorough due diligence are essential before incorporating this EA into trading strategies.

In the ever-evolving landscape of Forex trading, discernment and skepticism are invaluable assets, ensuring that traders make informed decisions that align with their risk tolerance and trading objectives.

Download VVX Xerath XT EA

Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.