Leo Trader Pro is an automated trading system developed using neural networks to enter and exit the market. The publisher claims it is the first time such a technique is used to develop trading software for the forex market. Apparently the robot was able to make a 113% return per month over five months. The developers chose to start with a small trading account with $500 in funds which according to them has grown to $2600 thanks to their EA. They also boast very low drawdowns of about 1%.
Live Account Proof
Leo Trader Pro have kindly provided everyone access to their Live Account via an Investor login. Either have a look for yourself by downloading MT4 from FINFX and logging in using the details below, or take a look at our snapshot below:
Account Number: 1331
Investor Password: LTP082010
Server: FinFX-Live
View Detailed Leo Trader Pro Results
Test 1: Independent Strategy Testing
Not Applicable. This is due to Leo Trader Pro being a trade replicator. Therefore trades are sent to the EA and managed remotely.
Currently running Leo Trader Pro on Alpari UK, testing started on 30th December 2010. Current results are as follows:
View our Leo Trader Pro Live Test Statement
Lab Result:
Received it as a freebie from my IB (introducing Broker). Because it was bought by the IB as part of a marketing deal, it has their email against it. LTPro support absolutely refuse to change it to my email (3 months and 25 email exchanges) so that it can trade on my account, so it sits there spouting useless error messages about licence errors. Only worked for the first four days that I “owned” it (generated large losses) and the licence cancellation resulted from my first query to the LTP support email. From what I hear I’m better off without it.
just go take a look at fpa all of last years profits were wiped out, dont waste your time
I have to say i have done ok with Leo Trader, but i tend to open new positions on draw down, then close off when everything is in profit
Leo Trader Pro wiped out my account during a month. The SL the program uses is very high (sometimes over 300 pips). During one month there were three times such a high loss. I will never more use it.