Bounce Trader Review
In the following Bounce Trader review, our team of experts will show you how this automated robot works, what results you can expect from it, and what type of trading its most suited for. After reading, you’ll know whether or not Bounce Trader will help to improve your forex profits.
Bounce Trader is 100% automated and designed to work with MetaTrader 4. By employing a low-risk strategy, the robot aims to aid beginners and experienced traders alike. Its also FIFO compliant, making it suitable for American traders. Continue reading to learn more about the strategy Bounce Trader uses and where you can download the robot today.
How does Bounce Trader work?
Our review of Bounce Trader found that whilst the mechanics behind the robot aren’t complicated, they manage to achieve good results. Moreover, the simplicity of this EA makes it easy to understand what’s going on under the hood.
Bounce Trader uses momentum, price action, and key levels to identify worthwhile trading opportunities. It also employs strict trade management policies to keep your risk exposure low. This includes:
- Only opening 1 trade at a time
- Avoiding hedging, martingale, or grid trading strategies
- Protecting positions with correctly positioned stop-loss and take-profit orders
Bounce Trader works with the GBP/USD pair and MetaTrader 4. You can use it with as little as $100 and it’s compatible with most leverage amounts. Once installed in MT4, you simply need to select a risk level to get started. After that, Bounce Trader takes care of everything for a completely hands-off experience.
How much does Bounce Trader cost?
You can purchase a one-year membership to Bounce Trader for just $347, or a lifetime membership for $597. Our Bounce Trader reviewers recommend opting for the latter as, although the initial investment is larger, the annual membership ends up more expensive if you do continue using the forex robot for over a year.
Both subscriptions come with automatic updates, full support, and a 30-day money-back guarantee.
When should I use Bounce Trader?
Bounce Trader is suited to almost all traders, including beginners. The software is easy to use, affordable, and doesn’t rely on high-risk strategies. In addition, you can use Bounce Trader with NFA regulated forex brokers as it complies with FIFO rules. This is a rare advantage for American traders.
As Bounce Trader only works with the GBP/USD pair, you should make sure that you’re trading with a broker with tight forex spreads.
Pros and cons of using Bounce Trader
- Offers you risk level options
- “First in, first out” policy compliant
- Works with any leverage amount
- Works with a minimum deposit of $100
- Can only be used with MetaTrader 4
- Doesn’t offer a monthly subscription plan
Is Bounce Trader easy to use?
Our Bounce Trader reviewers found the forex robot incredibly easy to use and to install. The software comes with a detailed manual and, once added to MetaTrader 4, the trading process is entirely automated. Should you run into any problems, you can contact the LeapFX support team at any time.
Our reviewers found that Bounce Trader is an easy-to-use automated robot that can be used by both beginners and experienced traders. As it only works with one major currency pair it isn’t the best robot for diversifying your portfolio, yet it can help you to make steady trades in a highly liquid market.
If this review has convinced you that Bounce Trader is the forex robot for you, why not it with one of the recommend MetaTrader 4 brokers we’ve listed below.
Frequently asked questions (FAQs)
Does Bounce Trader actually work?
Yes, our Bounce Trader review found that the forex robot uses multiple components to correctly identify worthwhile trading opportunities. This includes momentum, price action, and key level indicators. In addition, Bounce Trader has impressive past results, works with MetaTrader 4, and is compatible with most leverage amounts.
How much is Bounce Trader?
Annual access to Bounce Trader costs just $347 or you can opt for lifetime access for $597. Both subscription plans come with automatic updates, customer support, and a 30-day money-back guarantee. Compared to other automated robots, Bounce Trader is reasonably priced, especially as you can use it as frequently as you’d like.
Is Bounce Trader legit?
Yes, Bounce Trader is a legit forex robot sold by LeapFX. LeapFX is a reputable brand that acquires and develops automated trading software. Bounce Trader also comes with transparent results, which you can find on Myfxbook, and a money-back guarantee. If you try Bounce Trader with a live forex account and you’re not satisfied, you can cancel your subscription and reclaim your funds.
Where can I download Bounce Trader?
You can purchase and download Bounce Trader from the LeapFX website. You’ll need to create an account and then you can choose between paying for the robot with credit card or PayPal. After choosing your preferred plan, you can download the software and add it to MetaTrader 4.
Does Bounce Trader work with MT4?
Yes, Bounce Trader was designed to work with MetaTrader 4 specifically. As such, you can use it with hundreds of top forex brokers and with multiple devices. Once the robot is installed, you can view your trades on mobile, desktop, or tablet via the MT4 app.