Money Pile EA Review Is Moneypileea.com Legit Or Scam

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Money Pile EA Review: Is Moneypileea.com Legit Or Scam?

Moneypileea.com Review: this is the website of a Forex EA or Forex auto trading robot claiming to be the best. Is Money Pile EA a scam robot or a legit one? Forex robots sound very pleasing as they come in handy but not all of them work well. Read this review to find out more about the product.

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What Are Forex EAs, Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions.

It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.

Money Pile EA Review

The vendor of the product does not publish his/her identity on the page. However, we found out from another source that it was developed by someone called Matar Saad in Oman. Not much else is known about this vendor in the Forex market. The EA claims to be the best in the world claiming to have what it takes “to make a man rich”.

How Money Pile EA Works

It is a robot based on a multi time frame analysis formula and on algorithms. The website states that the same methods used by forex professionals are what the Money Pile EA employ. Its system was created with market rules, trends and corrections in mind. This allows it make profits in range and big movements as well.

There are problems with comprehending the writing on the page because they are rigged with lots of errors. Despite the earlier claim of being the best and making people rich, we found the vendor saying that they do not promise huge profit overnight. Clients can get a 2-week free trial to test the robot first before making purchase.

This section would reveal to discerning minds that the vendor has nothing concrete to say about this robot. All we have encountered are just basic information that can be cooked up by the average Forex savvy person.

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Features of Money Pile EA

• Time Frame M30
• Usable on any currency pair (but EURUSD is advised)
• Spread max is 3 pips
• Minimum deposit of $1500
• Auto-stop on News
• Setting by default & changeable
• Monthly return of 20% to 50% depending on the client’s risk
• Broker all 5-digit broker

Money Pile EA Price

Single Copy – $899
Double Copy – $1299
Unlimited Copy – $5999
Master Code – $9999

They all give free updates and lifetime support and are usable on any pair. The first two packages allow for only changing accounts once while the other two offers unlimited access. A 30-day money-back guarantee is offered.

Client Feedback

As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.

There was nothing of use found about the robot on third-party websites. This is a discouraging find as we advise vendors to encourage their clients to come forward with testimonies.

Trading results that are verifiable are not made available and this is in contrast with what the page claimed. The vendor had boasted of having live performance proofs to show legitimacy. This kind of unwarranted deception makes the product look crooked.

Support

To get more information about the EA, interested traders can send an email to [email protected]

Conclusion

Much of what we found on Money Pile EA website does not inspire confidence. From the unprofessional way the website is put up to the lack of results and client reviews. The strategy it uses is not revealed properly and the pricing is too high when compared to that of other EAs.

We only find the 2 weeks’ free trial encouraging and implore readers to use this first before making purchase. Anything to add to this review? Use the comment section and share your thoughts.

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