Forex Robot ReviewsPassive Income

Euro Scalper Pro Review: Can You Trust It to Do Your Trading?

3 Mins read
2.6

Euro Scalper Pro offers fully automated FX signals. You need not have prior experience in FX to use this service. The installation and use are simple and quick to perform. Free and paid packages are available to choose from. As per the vendor, using this service can help you attain excellent results. To check the veracity of the vendor’s claims, we have done a meticulous analysis of all the crucial aspects of this FX tool.

Euro Scalper Pro company profile

The company provides trading signals and research info to individuals as well as financial institutions and portfolio managers. It comprises team members with more than 40 years of experience in various aspects of the development of trading tools. The company claims to have clients ranging from the largest alternative asset managers to individual traders.  There is no info on the individual team members, the founding year, location address, phone number, etc.

The highlights of Euro Scalper Pro

As per the vendor, the main features of this service that makes it competitive in the FX market are:

  • It uses a short-term scalping method for achieving outstanding results.
  • The service is 100% automated taking care of the entries and exits automatically. 
  • You can also enter or exit orders manually as the system allows complete control of your account.
  • The signals are free if you use the broker recommended by the vendor.
  • Paid membership plans are also present.
  • Lot size can be fixed or have risk scaling settings.
  • OctaFX is the recommended broker.
  • You need to deposit a minimum of $1000 with the recommended broker to use the service.

The vendor does not reveal the currency pairs the system works best on. No timeframe or leverage details are provided.

Facts & figures with Euro Scalper Pro

No backtesting results are present. For real trading results, the vendor provides a performance report as shown below:

Performance report of Euro Scalper Pro on the official site
Performance report of Euro Scalper Pro on the official site

From the above screenshot, we can see that the stats reveal a lot size of 0.10, the SL, TP, profit, and currency pair. However, the report does not reveal the total profit, deposit, profit factor, profitability, drawdown, etc. We prefer results verified by a third-party site like myfxbook, FXBlue, and FXSTAT. The reason is they provide unbiased and detailed reports that provide better insight into the performance. The lack of backtesting and verified real trading data makes it difficult to assess the service properly.

Euro Scalper Pro packages

Free and paid packages are available. However, the free plan requires you to open an account with the recommended broker after paying a deposit of $1000. Paid packages include a monthly membership plan for $197 and an annual membership plan costing $1,997. The vendor does not provide any other details of the features included in the package. Payment is via credit card, debit card, PayPal, or Bitcoin. No money-back-guarantee is present for the package. When compared to the competitor products, we find the pricing is expensive. The lack of a refund offer makes us suspicious of the reliability of the service.

Assistance

User review for Euro Scalper Pro on the Trustpilot site
User review for Euro Scalper Pro on the Trustpilot site

For support, the vendor provides an email address and links to its social media pages on Facebook, Twitter, and Instagram. A FAQ section and a live chat feature are also present. We found customer feedback on the support provided on the Trustpilot site. From the review, it is clear that the support is professional and helpful.

Other notes

We found 22 reviews for the service on the Trustpilot site with a rating of 4.5/5.  Here are a few of the recent feedback:

User review for Euro Scalper Pro on the Trustpilot site
User review for Euro Scalper Pro on the Trustpilot site
User review for Euro Scalper Pro on the Trustpilot site
User review for Euro Scalper Pro on the Trustpilot site

From the above reviews, we can see the signals are apt for beginners and that the company provides all the necessary tools you need to trade successfully.

Is Euro Scalper Pro a reliable system?

If you are interested in the company, here are a few crucial influencing factors you need to consider:

  • The company does not provide a proven track record.
  • There is very little info present on how the signals are generated.
  • User reviews are positive mostly and commend the service and the support provided.

Euro Scalper Pro Summary

2.6
Euro Scalper Pro claims to provide successful signals that ensure high returns. Our analysis reveals that there are verified results or backtests present. User reviews are positive. However, there is minimal info present on the strategy used. The free plan requires you to pay the broker’s recommended amount which is high while the paid packages are very expensive. Further, there is no money-back guarantee present.
2.0

Performance statistics

4.0

Reviews from customers

3.0

Ease of use

2.0

Implemented strategies

2.0

Pricing

Pros

  • +Fully automated service
  • +Manual and automated settings

Cons

  • -Expensive pricing packages
  • -No explanation of the strategy used
  • -No verified results
  • -Absence of refund offer
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