YoForex EA is marketed as an advanced tool with strategic prowess for traders who want to overcome prop firm challenges. You can download this free EA here. On closer inspection, though, there is a discrepancy between the EA’s claimed functionality and efficacy and what is actually true.
Recommendations
- The minimal amount that is advised to be deposited
- The developer suggests a $1000 minimum deposit for a 0.01 lot.
- Safe Method: For the safe method, you can alternatively use a cent account or an equivalent standard account.
- Work on any currency pair, but XAUUSD, GBPUSD, and US30 perform best.
- Use M1 and M5 for optimal results (work on any time frame)
- This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
- low spread ECN account is also advised (Find the Perfect Broker For You Here).