What is the minimum account balance required?
There is no minimum balance required to use the software. It can run on any account size. You should use an account balance that you feel comfortable with and never risk more than you can afford to lose as trading always has an element of risk involved.
What leverage should I use?
The software will run with any leverage. You should use a leverage that you feel comfortable with and understand the risks involved with online trading.
What trading platform do I need?
The software runs only on the MetaTrader 4 (MT4) platform for desktop, not in the MT4 mobile app or web trader platform. You should have the MT4 desktop platform already installed.
What broker should I use?
You can use any MetaTrader 4 forex broker. The lower the brokers spreads/commissions and faster the execution speeds, the better. You should already have an account with an MT4 broker.
I have no experience; can I use the software?
Step by step setup instructions are included but you should have some knowledge of MetaTrader 4 and using expert advisors (EAs).
What currency pairs does the software run on?
The software has been developed to run on EURUSD, GBPUSD, EURCHF, EURGBP.
What chart time frame does the software run on?
Does the software use any martingale or grids?
No, the software does not use any martingale money management strategies or grid trading.
Can I try on a demo account?
Yes, if you wish. Many would say it is a wise idea to practice trading on a demo account first to familiarise yourself with the software and how it works.
What is a license?
1 license allows you to run the software on 1 real live MetaTrader 4 account.
How many licenses do I get?
The number of real live MetaTrader 4 account licenses that you get will depend on the software package that you purchase. All packages include unlimited demo account licenses.
Can I change my license?
Yes, you can change your license to a different MetaTrader 4 account at any time.
Can I use my license on another computer/VPS?
Yes, you can use the same license for an account on multiple devices.
Can I upgrade my package?
Yes, you can update your package at any time for additional licenses to run the software on additional MetaTrader 4 accounts.
How do I get the software?
You will receive the software and instructions as an instant download link.
How do I activate my license?
You will receive an activation link with the software and instructions.
Are setup instructions included?
Yes, step by step setup instructions are included.
Do I get settings for the software?
The software comes with default settings based on many years of testing. You can set your own lot/risk size. Some users like to experiment with settings, currency pairs and time frames, which is fine but we would do so on a demo account to begin with.
Do you offer support?
Yes, via email only. Please allow up to 24-hours for a response, excluding weekends and public holidays.
Do you offer trial versions?
No, the software has taken thousands upon thousands of hours to develop and test over 10+ years.
What is the refund policy?
Due to the downloadable nature of the software and unpredictability of the markets, there are no refunds under any circumstance. If you are unhappy with this, please do not purchase.
How much can I make every day/week/month? What is the drawdown?
There are no guarantees on what the results will be. Trading is risky by nature and there can be significant drawdown and losses as with any trading system.
Results depend on many factors such as market conditions, economic news releases, black swan events, settings used, lot/risk size, broker conditions, spreads, commissions, slippage and more.
U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.
All information on the Forex Scalping EA website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Forex Scalping EA and any authorized distributors of this information harmless in any and all ways.
Forex Scalping EA is a software provider, we do not offer investment advice or execute trades. The software provided is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.
Results are based on historical data. There is no guarantee of future performance.
You should understand the risks involved with trading.
Different brokers can produce different results due to spreads and liquidity. Your capital is at risk.
Beginner traders should research and learn about trading before using any forex software.
Copyright © Forex Scalping EA. All Rights Reserved. The use of this website constitutes acceptance of our user agreement and any changes made to the agreement.
There are no refunds under any conditions due to the downloadable nature of the software.