Review of the Pips In The Bank EA
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| pips in the bank | EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY | N/A | Scalping & Breakout | Unknown | Yes | 25-40 pips on Scalping, 50-70 pips on break-out trades | 25 pips on scalping, 55 pips stoploss on break-out trades | www.pipsinthebankea.com |
Performance (Pips In The Bank EA Test Results)
License
Forex pips in the bank offers different payment plans for different packages through Authorized.net
One time payment of 345$, or a 6 months lease for 197$
PipsInTheBank Strategy
The Vendor claims that his strategy is hands free trading, while he shows no backtests at all and only a couple of edited screen shots of a trading statement. Where is the third party verified results proof? Where is the investor account log-in?
On his website, he says the following about his robot: ” It analyzes economic data and if it doesn’t support the technical information, it won’t place a trade“.
This guy is Nuts! so his robot would gather all info about the NFA, GDP Growth and many many other news events and some how calculates them? there is no such constant news pattern to be calculated in the Forex Market to predict the next price move, and this Scammer does not own the EA he claims he does.
He sends his own manual trades through his “Sender” EA in which goes to a client’s receiver EA where the trade gets copied and executed.
Pips In The Bank Recommended Brokers
FX Open and Iam FX are two brokers to consider when trading forex robots.
Conclusion
Forex pips in the Bank could be a Scam!
You think the ForexFBI has not done enough homework to judge the Forex pips in the Bank EA? Ask the vendor to post his backtests to prove that this is an actual coded Robot.
Safe To Buy?
NO!
Forex pips in the Bank has not been approved for purchase.
Pips In The Bank Overall Rating
