In this post I will be reviewing the Aqua Forex Trading forex signals service for hugely popular and widely used MetaTrader 4 trading platform (mt4). Aqua Forex Trading trades on your account via trade copier software which will mirror the Aqua Forex trades to your own personal demo or real mt4 trading account.
The current real verified by FX Blue results of the Aqua Forex Trading signal service show a gain of over 200% with a drawdown around 20% and a decent approx. 70% win rate. I would highly recommend you check the latest Aqua Forex Trading results before proceeding any further and also consider the draw down on open trades as they seem quite high at the moment.
Aqua Forex Trading gives signals on multiple currency pairs with the major EURUSD and GBPUSD currency pairs currently showing the best performance. These currency pairs usually perform best as they have the most liquidity out of all the currency pairs and thus they tend to have low spreads and enough liquidity for superior execution speeds provided you are using a good ECN forex broker for the best possible trading conditions.
Aqua Forex Trading works by using an Internet Trade Mirror which is a free service for sending trading signals over the internet to other computers (currently for MT4 only). It is widely used by traders all over the world as a broker-independent alternative to MAM systems etc.
The sender runs an EA which broadcasts trading activity. Subscribers run a copier EA which receives the signals and automatically mirrors the sender’s trades. Each subscriber has full control over risk settings and all other trading activity, via the parameters in the receiver EA.
Despite the current decent performance of the Aqua Forex Trading signal service, I would like to see the history over a prolonged period of time and you should also consider the results could differ from broker to broker depending on the spreads and slippage from the allotted broker.