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LeapFX Review

Introduction
It is good to work for money. It is better if that money too, works for you. All those who
understood this, helped evolve the age old practice of lending, over the years, into a more
ingenious and a nifty concept called, investments.
It may sound cliché, but time indeed is money and man has devised various methods to
measure that time value of money and has learnt to discern the opportunity cost involved
among his various financial choices. Every passing decade has introduced us to a variety
of avenues of investments. While a few of those avenues may not have stood the test of
time, most of them have developed from being a mere idea to a robust, concrete and a
lucrative product. For example, a simple idea of providing service of a professional fund
manager to a layman investor germinated into a concept of mutual funds.
Technology has played an extremely crucial role in the progress of financial markets. The
concept of World Wide Web has brought together the investor and the investee from far
corners of the world. It has made available information of all kinds to both the investor and
investee and has helped them do due diligence and take informed decisions. However, the
ever-evolving financial market is always in need of data that is not just accurate and
exhaustive but one that is lucid and available real time.
Various methods such as bar charts, graphs, peer comparisons, valuation pointers etc. have
been reviewed and revised over time by experts, in order to present the information in a
succinct form, to enable investors take timely decisions. One such market that requires
such an efficient information infrastructure is the Forex Market and the Crypto-currency
market.
The Forex Market comprises of trading of a single currency for another at a certain price.
It simply means buying one currency and selling the other. Forex transactions are usually
quoted in pairs because, when one currency is bought the other is sold. For Eg: USD/GBP,
INR/JPY etc. The first currency is called base currency and the second, quote currency.
Currency prices are determined by a host of economic and political conditions, most
importantly rate of interest, inflation, international trade etc.
Crypto currency is a digital currency or virtual currency that is secured by cryptography.
Unlike the conventional currencies, the crypto currency does not have a centralized
regulatory mechanism viz a central bank etc. Such currencies are operated through a
distributed ledger technology called a block-chain which serves as a public financial
database.
About The Product
The forex and the crypto currency market are served by a variety of participants viz trading
platforms, brokers, account managers, banks, regulatory bodies etc. Each of those
participants provide a wide range of services depending on their expertise and the category
of the market they wish to serve. It can be very confusing and difficult to choose from so
many different trading platforms, brokers, account managers etc. for a beginner who wishes
to enter the forex or crypto currency market.
LeapFX recommends:
 Brokers who meet the industry standards of best practices, the range of services
each of them provide.
 Automated trading systems – known as FX bots, their specifications, how those
specifications shall help different traders based on their risk appetite.
 Virtual Private Servers (VPS) – a remote system that hosts trading platforms and
totally dedicated to trading with 99.9% up time and built in redundancies.
Redundancies are alternate systems backup instilled in to a system architecture that
gets activated in the event of a crash of the main system. A trader can access one of
the recommended VPS using an internet enabled device.
LeapFX is the process of preparing a pool of expert fund managers who meet necessary
qualifications and experience who can manage accounts for traders who have just
entered the forex or the crypto currency market.
Features
LeapFX designs different automated trading programs with built in various risk
management strategies that caters to traders having varying needs. Some of them are
Arbitron, Quick Scalp Trader, News Action Trader etc.
LeapFX develops FX robots that aid traders make quick profits without having to invest
much time and effort into analyzing the market trends. Forex bots are capable of analyzing
and scanning numerous charts in a way that humans can’t. These robots are devised with
set parameters needed in making trade decisions. They have trading signals implanted in
them which gets triggered on favorable price movements and sends out trading alerts to a
trader.
The trading system developed by LeapFX is known for consistent profits and low
drawdown.
Drawdown refers to the difference between the high point in the balance of a trading
account and the next low point after a series of bad trades. If a trader begins trade with a
balance of USD 100,000 and suffers a loss of USD 5,000 after a series of bad trades, then
the trader suffers a drawdown of 5%. Drawdown helps one understand the likelihood of
survivability of a trader or a trading system in the long run. In short, it is the extent of losses
a trader can see through before he hits a purple patch. Thus, lower the drawdown, longer
is the survivability of the trader in the market.
How Does LeapFX Work
LeapFX has designed various automated as well as manual trading software based on
different trading strategies.
 Power Trader
The Power Trader system is designed on the basis of price action strategy. A price
action strategy is a trading technique in which a trader decides a trade based on
recent price changes rather than just relying on technical indicators. He may rely
on historical bar charts, price bands, support and resistance levels, price volatility
and trade accordingly. Thus, such trades are usually subjective to the analysis of
historical data of every trader. The Power Trader employs this strategy and
identifies accurate trading signals and provides trade alerts to make profit in the
short term as well as long term. This software helps you trade in all currency pairs.
It is the only system that allows manual trading for forex and crypto market.
 Quick Scalp Trader
The Quick Scalp Trader employs the scalping strategy. Scalping works on a
principle of booking profits as and when it accrues instead of waiting for it to
compound to a huge figure. A Scalper never stays invested for a long time. Instead
he trades in very short terms and opens and closes as many positions as he can. This
enables him make tiny profits of every trade. However, the continuous practice of
doing so enables him steadily accumulate a sizeable figure. This software gives
information about EUR/USD and GBP/USD.
 Econ Power Trader
The Econ Power Trader is built around the news trading strategy. This strategy
revolves around identifying profitable trades on the basis of latest news in the forex
market. This software lets one trade in a few currency pair such as AUD/USD ,
EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/JPY.
 Arbitron
Arbitron trader relies on the principle of arbitrage trading. Arbitrage works on
speedy discovery of price differences between two currency pair and making profits
on the spread of the same. Let us understand arbitrage with an example.
Assume following are the quotes of various currency pairs that are prevalent
currently:
1 EUR = 1.1837 USD
1 EUR = 0.7231 GBP
1 GBP = 1.6388 USD
Trade 1 – Buy EUR 10,000 using USD 11,837 (10,000*1.1837)
Trade 2 – Buy GBP 7,231 (10,000*0.7231) using EUR 10,000
Trade 3 – Buy USD 11,850.61(7231*1.6388) using GBP 7,231.
You started the trade with USD 11,837. You ended up making USD 11850.61 at
the end of three trades.
In order to make such profits, one needs to extremely quick in discovering the
pricing inefficiencies between two currency pairs and book trades before the
inefficiency is levelled out. Arbitron not only helps discover arbitrage opportunities
but also predict them based on the price feeds of competing brokerages.
 Star Trader
Star Trader employs the strategy of Relative Strength Index (RSI) and Commodity
Channel Index (CCI) simultaneously.
RSI analyses historical price movements and indicates if there are any chance for
reversals in the price direction of the particular asset class. When the price of an
asset class rises excessively in a given time period, this indicates that the asset class
has been over bought. In such a scenario, there could be reversal in the price
movements, shortly. The trend of reversals is also called correction. Similarly, if
the price of an asset class has depreciated beyond a considerable average, an
upswing can be expected at any moment.
CCI measures the current price level of an asset class relative to an average price
level over a given period. Thus CCI is relatively high when prices of an asset class
are way higher than their average, and is relatively low when are way lower than
their average.
The Star Trader provides information on USD/JPY, GBP/USD, EUR/USD,
AUD/USD
While, the Power Trader is a manual trading system, the rest all are automated trading
systems commonly known as FX bots.
Is LeapFX Easy to Use?
LeapFX bots provide maximum information with minimum effort to be put by traders.
Thus a trader may not resort to proper research, reading and analyzing market trends and
would hardly attain any knowledge in the market.
Purchase & Price
A lifetime license of Power Trader is sold for USD 77 only. One can avail a yearly
subscription of Quick Scalp or Econ Power Trader for USD 297. A lifetime license for
both the software comes for USD 497. The Arbitron trader has a 3 month subscription plan
for USD 347 and a life time license plan for USD 799. One Year subscription to the Star
Trader comes for USD 197 and a lifetime license for USD 297.
Money Back Guarantee
All the trading software except for Power Trader come with a 30 day money back
guarantee.

Pros and Cons of LeapFX


Pros
 Trading will strictly work on set parameters and not on the basis of any emotion
 Strict imposition of Stop loss and other trading strategies thus minimizing lossess.
 Suitable to traders who are new to forex market.
 Open and closes trade positions on the basis of accurately devised parameters
 No need to spend hours staring at bar charts and price movements and trying to
analyze the same.
 Designed by professionals who have had years of experience manually trading in
the forex market.
 Will not yield to panic prevalent among traders
Cons
 Unable to adapt to changing market situation
 Some bots end up being scams
 Too rigid to set parameters may lead to loss of profits in case of an unexpected
upswing
FAQs
1. What is LeapFX?
LeapFX is a website that recommends automated trading software for trading in the
forex and crypto currency market. Additionally, it also recommends brokers,
Virtual Private Servers and account managers pertaining to the same market.
2. What are the modes of subscription to LeapFX?
You may either for and yearly subscription or a lifetime subscription.
3. What if LeapFX does not fulfill my expectations?
You shall be eligible for a refund within 30 days from the date of purchase of the
software.
4. What are the types of forex trading systems?
Forex trading systems recommended by LeapFX fall under two broad categories.
- Manual Trading System
- Automated Trading System
5. What is the difference between the above two categories?
The manual trading systems provide only trading cues or alerts on the basis of in
depth analysis of available information. The trader shall have the discretion to
execute the trade.
The automated trading system not only analyses necessary information but also
executes trades on the basis of a set criteria.
6. Is one sure to earn profits on subscription of the forex bot?
Although, it cannot be guaranteed that one shall always make profits, however one
can be assured of taking informed decisions while booking trades.
7. How reliable are the recommendations on LeapFX?
LeapFX conducts a three-step program before they recommend brokers, systems or
account managers to you.
- They first conduct an in depth interview of the developer, their systems before
they are recommended to you.
- Past trading records of those developers and their systems are sought and
verified for any discrepancies in their method of trading.
- Finally, the developer along with his system are set on a live fresh account and
extensively monitored to ensure that the performance matches the claims made.

Customer Testimonials

 “I had restricted myself to options market for the last 25 years. I never
understood forex. I never had anyone to explain to me the intricacies of the
forex market. I came across Power Trader a couple of months back. I regret not
having discovered this piece of magic earlier. I have nearly doubled my monthly
income that I usually earn from the options market. “ - Steve Burkin, 57 years.
Cheyenne, Wyoming.

 “I was laid off last year after putting in 20 years in the hospitality industry. It
was difficult for me to make ends meet. My wife had sought early retirement
due to health reasons. We were really worried about our livelihood. My wife
even thought of taking up odd jobs until she came across the Arbitron Trader
one day. We put in a big chunk of our retirement compensation into the forex
market about six months ago. Today I make enough money to provide the
medical facilities to my wife. I am content.” - Micheal Smith, 62 years,
Orlando, Florida.
 “I have been working with a corporate in an accounts department for the last 5
years. Life had gone dull with not much scope in my company. Although, I had
job opportunities, I could not shift out of Kansas as I had old parents to take
care of. My cousin introduced me to Quick Scalp Trader about a couple of
months ago. I have made a fairly decent money in a short span. I do not get
enough time to spend on the system due to my official commitments. I may
think of taking of an easy going part time job and dive into forex market full
time” – Pamela Hernandez, 32, Duluth, Minnesotta

 Conclusion

The recommendations of LeapFX are certainly advantageous to novice traders, who do


not have bulk capital and thus cannot afford to commit blunders in the highly volatile
forex market. However, in the long run, it is certainly advised that traders do their own
research deeply, as well as consult professional account managers and not just solely
rely on the automated trading system.

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