Q & A
Frequently asked questions
EAs and tools
Why choose FX4You's EAs?
PropGold puts a stop loss on every trade and uses no martingale or grid (real-tick backtest: profit factor 2.51, maximum drawdown 2.24 %). Equity Guardian flattened the whole account 688 ms after the limit was hit on a prop firm demo server. Every figure is measured on real ticks, and we help you install and set up ourselves, on Telegram.
Can I try it before I buy?
Yes. Download the free demo from the MQL5 page and run it in the Strategy Tester on your own broker's history, with “Every tick based on real ticks” if available. Or rent a product with a rental option for one month (from 29 USD) and run it on your own account. If you like it, buy the full licence.
Do you offer refunds?
If you buy on the MQL5 Market, its rules apply. If anything goes wrong, write to us on Telegram: we help with installing and running the EA ourselves.
What account does PropGold need?
The account size is up to you. We ran our tests on an MT5 account in hedging mode ($100,000, 1.2% risk) and you attach the robot to an XAUUSD chart; a VPS that runs 24 hours a day helps. PropGold is selective: it opens a trade only when its filters pass, so it trades rarely, and every trade has a stop loss.
Is it suitable for beginners?
Yes. Equity Guardian, Terminal Watchdog and Execution Quality Logger never open trades, so they suit any level. Our 5-step guide walks you through installing a robot and running it on a VPS, and we answer your questions on Telegram. For forex basics, BabyPips' free course is a good start.
Will you answer my questions?
Yes. Write to us on Telegram or by MQL5 private message. We answer installation and setup questions ourselves.
Cashback and brokers
Do I pay more to get cashback?
No. The broker pays us the commission out of its own revenue. Your spread and commission are the same whether you open through our link or directly.
When and how do I receive cashback?
After you send us your account number, we activate cashback on that account from the broker cabinet. For trading from that moment on, the broker pays it straight into your trading account through its own rebate system. How often depends on the broker.
I already have an XM account. Can I join?
An existing account usually cannot be moved to a different introducer. Depending on the broker's rules you may be able to open a new account; ask us on Telegram.
Do you promise profit or give trading signals?
No. We are an introducing broker, not a financial adviser. Profit or loss depends on your own trading.
Where do I deposit my money?
Only into your broker's official cabinet. We never accept your money and never log in to your account.