SynthoTrader FX EA MT4 (Update 14-06)- Free Download

SynthoTrader FX EA: Revolutionizing Forex Trading

Trading in the forex market can be a daunting task, especially for beginners. The complexities of analyzing market data, controlling emotions, and making timely decisions often lead to losses. However, with the advent of automated trading tools like Expert Advisors (EAs), traders now have the opportunity to streamline their trading activities and potentially improve their profitability. One such innovative tool is the SynthoTrader FX EA.

Introducing SynthoTrader FX EA

SynthoTrader FX EA is an advanced automated trading tool designed to assist traders in the forex market. Developed by a team of seasoned experts with over a decade of experience, this EA utilizes sophisticated algorithms and combined indicators to analyze market conditions and execute trades accordingly. By leveraging real-time data and advanced analytics, SynthoTrader FX EA aims to provide traders with a competitive edge in the dynamic forex market.

Technical Specifications

Version: 1.1 & X2
Year of issue: 2024
Working pairs: EURUSD
Recommended timeframe: M30
Minimum Deposit: $500
Average of account: 1:30 To 1:1000

Best Brokers List

SynthoTrader FX 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 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

SynthoTrader FX EA Settings

Additional Information

SynthoTrader FX EA operates on the following specifications:

• Account Type: Standard or Cent
• Compatible Brokers: All brokers
• Backtest Period: 8 years (2015 – 2022)
• Real Test Period: 4 years (2019 – 2023)
• Preset Versions: Standard risk and high risk
• Trading Strategy: Averaging Martingale

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Review SynthoTrader FX EA Results

• Overall profitability: The EA shows a profit of $48,501.14, which is a 4612% return on a $1,000 initial deposit. This is a very high return, and it is important to be cautious of forex EAs that promise such high returns.
• Maximum drawdown: The maximum drawdown is 66.7%. This is a high drawdown, and it means that the EA lost a maximum of 66.7% of its account value at one point. This is a significant risk, and it is important to consider your risk tolerance before using an EA.
• Trading activity: The trading activity is 59.7%. This means that the EA is placing a relatively high number of trades. This can be risky, as it increases the chances of the EA making a losing trade.
• Profit factor: The profit factor is not shown in the image, but it is an important measure of an EA's profitability. The profit factor is calculated by dividing the average winning trade by the average losing trade. A profit factor of greater than 1 indicates that the EA is profitable on average.

Here are some additional things to keep in mind:

• Past performance is not indicative of future results. Just because an EA has been profitable in the past does not mean that it will be profitable in the future.
• The forex market is a complex and risky market. There is no guaranteed way to make money in forex trading.
• Forex EAs can be expensive. Some EAs can cost hundreds or even thousands of dollars.

Advantages of SynthoTrader FX EA

1. Advanced Data Analysis: SynthoTrader FX EA is capable of processing large volumes of real-time data, allowing it to identify patterns and trends that may not be apparent to human traders. This advanced data analysis enables the EA to make informed trading decisions, potentially leading to improved profitability.
2. Proven Track Record: With a 10-year backtest and over 4 years of real-time testing, SynthoTrader FX EA has demonstrated its reliability and effectiveness in various market conditions. This track record instills confidence in traders, knowing that they are utilizing a robust and tested trading tool.
3. User-Friendly Interface: SynthoTrader FX EA is designed to be user-friendly, with easy installation and setup processes. Whether you're a novice trader or an experienced investor, you can quickly integrate this EA into your trading strategy without any hassle.
4. Risk Management: The EA employs effective risk management techniques, including cash management strategies, to mitigate potential losses and preserve capital. This emphasis on risk management helps safeguard traders' investments in the volatile forex market.
5. Training and Support: In addition to the automated trading capabilities, SynthoTrader FX EA offers training and support for novice traders. This educational component ensures that traders have the knowledge and skills to maximize the benefits of using the EA and navigate the forex market effectively.

In conclusion,

SynthoTrader FX EA represents a groundbreaking innovation in the field of forex trading. With its advanced features, proven track record, and user-friendly interface, this automated trading tool has the potential to revolutionize how traders approach the forex market. However, traders should carefully consider the risks and conduct thorough due diligence before using any automated trading tool.

Download SynthoTrader FX 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 SynthoTrader FX EA V1.0

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Get SynthoTrader FX EA V1.1 & X2

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Disclaimer: The opinions expressed in this review are solely for informational purposes and do not constitute financial advice. Traders are advised to conduct thorough research, exercise caution, and seek professional guidance before engaging in live trading activities. The risks associated with forex trading are substantial and may not be suitable for all investors.