Introduction

FundGuardian is an expert advisor (EA) that automates trading in the forex market based on principles and strategies developed from years of manual trading experience. Its design emphasizes maximizing profits while ensuring the safety of funds, making it an appealing choice for both novice and experienced traders. This article provides a comprehensive review of FundGuardian EA, including its features, advantages, disadvantages, and practical usage.

Technical Specifications

Version: 4
Year of issue: 2024
Working pairs: Any

Recommended timeframe: M15,M30,H1
Minimum Deposit: $500
Average of account: 1:30 To 1:1000

Best Brokers List

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

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

FundGuardian EA Settings

Why FundGuardian EA?

FundGuardian EA stands out for its ease of use, risk management capabilities, and profitability potential. Users only need to upload pre-configured set files, eliminating the need for complicated setups. These set files cover 20 forex pairs, enabling broad diversification.

Key benefits include:

1. User-Friendly: No complex settings required.
2. Personalized Support: Users can consult the developer for assistance.
3. Risk Management: Features like maximum drawdown limitation and virtual stop-loss mechanisms prioritize fund security.
4. Scalable Usage: Works effectively with small deposits but is optimized for higher balances.

Features of FundGuardian EA

Core Trading Features:

1. Martingale: Utilizes a mild martingale strategy to recover losses while controlling risk.
2. Grid Trading: Implements grid averaging to manage positions efficiently.
3. Virtual Stop Loss & Take Profit: Protects against stop-loss hunting.
4. Trailing Stop: Secures profits by dynamically adjusting stop levels.
5. News Filter: Avoids trading during high-volatility news events.
6. Smart Multi-Symbol Control: Manages multiple currency pairs for optimized trading.

Risk Management Features:

1. Max Drawdown Limitation: Stops new trades when drawdown exceeds preset limits.
2. Account Protection: Implements cut-loss mechanisms based on drawdown in money or percentage.
3. Partial Close: Reduces margin usage by closing loss-making positions partially.

Additional Controls:

1. Virtual Pending Orders: Ensures precise trade entries.
2. Holiday Control: Avoids trading during market holidays.
3. Manual Override: Buttons for manual trade interventions.

Performance:

The EA has passed backtests from 2010 to 2023, demonstrating its robustness under various market conditions. However, live performance may vary due to factors like virtual trades and news filters, which are not accounted for in backtests.

Advantages of FundGuardian EA

1. Profitability: Potential for high returns, as shown by consistent account growth.
2. Risk Control: Advanced mechanisms to protect funds during unfavorable market conditions.
3. Automation: Reduces the need for manual intervention, saving time and effort.
4. Customization: Users can fine-tune settings like trading hours and risk levels.
5. Community Support: Access to the developer and a community of users for guidance.

Disadvantages of FundGuardian EA

1. Martingale Risk: While controlled, the martingale strategy can still amplify losses in extreme market conditions.
2. Dependency on VPS: Requires a reliable VPS, adding to operational costs.
3. Initial Investment: A medium deposit ($2000) is recommended for optimal performance.
4. Complexity for Beginners: Despite its user-friendly design, new traders may need time to understand grid and martingale strategies.
5. Backtest Limitations: Virtual trades and live trading nuances make backtests less reliable for performance evaluation.

Practical Tips for Using FundGuardian EA

1. Risk Management: Set conservative risk parameters, especially when trading high-volatility pairs.
2. VPS Selection: Choose a VPS with low latency to ensure smooth operation.
3. Regular Monitoring: Periodically check performance and adjust settings if necessary.
4. Diversification: Trade multiple pairs to spread risk.
5. Stay Updated: Follow market news to avoid trading during major events.

Conclusion

FundGuardian EA offers a robust solution for forex traders seeking an automated system with strong risk management features. While it is not without limitations, its ability to balance profitability and safety makes it a compelling choice. Traders should use it with a clear understanding of its strategies and potential risks.

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Download FundGuardian 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.

Get FundGuardian EA

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