The Royal Hedge Fund EA is an automated forex strategy that has been developed to trade in the MetaTrader 4 platform. I expect you may be looking for a hands-off forex trading solution if you are considering using this software. Whilst it can be an option for those who do not have the time or skills required to trade forex, it is important to be aware of the pros and cons of using forex robots such as this one. In this Royal Hedge Fund EA Review, I will be taking a closer look at how it works, what it does and most importantly if there are any verified results for us to see how good or bad it has been performing during recent market conditions.
What is the Royal Hedge Fund EA?
The Royal Hedge Fund EA is a high frequency trading robot that has successfully passed challenges in the past within a short amount of time with a high success rate. This expert advisor trades during the New York Session and uses analysis of the market volatility to try and take a few pips.
It has been designed specifically to trade the US30 and NAS100 indices. However, you are free to experiment with other financial instruments including currency pairs should you wish. Just keep in mind that you might want to start on a demo account regardless of what symbols or settings you are using to see how things go without taking any unnecessary risk.
It can be used for trading on a demo or live account and also for trying to pass prop firm challenges, assuming they allow automated trading and hedging. Whilst there are claims at how well the expert advisor has done in the past, it is important to clarify that this is by no means any guarantee on how well it will perform moving forward.
The Royal Hedge Fund robot requires a broker with minimal slippage, low commission fees and tight spreads in order to fulfil its potential. I would consider an ECN broker such as IC Markets as they have deep liquidity pools along with excellent trading conditions for manual and automated forex strategies such as this one.
A good broker can be the difference between a winning and losing strategy. In fact, I have seen forex robots give a completely different set of results using the exact same settings, simply due to the broker conditions.
How does the Royal Hedge Fund EA work?
As with the majority of forex robots for the MT4 platform, you simply attach the Royal Hedge EA to your charts, choose your settings and let it go to work. It will then continuously scan the charts for buy and sell signals. When the underlying algorithm detects a trading signal, the software will place and manage a trade on behalf of the user.
The developers recommend a minimum deposit of $500 – $1,000 to start using the EA. However, I would personally only ever risk what you can afford to lose. As mentioned above, I would also only use a demo account to begin with to get a feel for the EA and how it works. Please manage your expectations and do not expect to wake up a millionaire tomorrow through using this or any other trading robot for that matter.
Royal Hedge Fund EA Results
The very first thing I look for when choosing a forex EA is any verified account results. Unfortunately, the developers have not published or shared any Royal Hedge Fund EA results, so we have no idea of how it has been performing during recent market conditions. There aren’t even any backtests for use to get an idea of how the bot may have traded over historical data.
To be honest, this would probably be a deal breaker for me as I would like to know a lot more about a trading strategy if I was to use it on my account. I need to know important factors such as the drawdown, profit factor, average win/loss, risk to reward ratio, etc. Without these statistics, it is impossible to say if this expert advisor is any good.
There are other options when it comes to automated trading system such as the Forex Flex EA which has many years of verified results across multiple different accounts and backtests so that you can analyse historical performance before making an informed decision.
Royal Hedge Fund EA Features
- Fully automated forex trading system
- Pre-set files for US30/NAS100 and EA included
- Risk % based and fixed lot management
- Stop loss and a trailing stop
- Customisable settings
- Hedging required
- Ongoing customer support
- Unlimited trading accounts
Conclusion: is the Royal Hedge Fund EA any good?
We cannot draw an accurate conclusion from the Royal Hedge Fund EA without having any verified account results or at the very least, some backtests. The cynical traders may say that there are no results being shared because it does not perform. That would be speculation but when there are other forex robots that do have verified results included those on my best forex robots page, I am not sure many would opt for an expert advisor without any trading history.
Furthermore, the Royal Hedge Fund robot does not run cheap. It is one of the most expensive trading robots that I have come across. They also prefer crypto payment and do not have any refund policy. You are free to draw your own conclusion from that.
On a more positive note, the support team are readily available and will be happy to answer some of your questions should you reach out to them. If they are reading this, please let me know if you have any up to date verified accounts and I will be more than happy to add them to this review. I think it would be a great way for potential users to get a better idea of what to expect from the Royal Hedge Fund EA.
Royal Hedge Fund EA
$1,399
Pros
- Can be used for prop trading
- Fully automated trading robot
- Various trading instruments
- Customisable settings
- Full support
Cons
- MetaTrader 4 platform only
- No real verified account results
- No historical backtests
- No refund policy
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
