According to its website, 8topuz will help traders, even those with no experience trading, to passively grow their wealth. The AI is supposedly able to do everything while traders sit down and relax. Isn’t that the dream?
Throughout this article, we perform an EA review on the 8topuz AI bot is all about, its features, packages, how it works and finally review whether the forex bot is authentic or not.
What is 8topuz?
8topuz is a fully automated AI forex bot created in Cyprus. The company has an office in the US and St. Vincent and the Grenadines. According to the site, the EA can adapt to the forex market through its multi-layered trading software system.
The bot is compatible with MT4, which is capable of automated trading. 8topuz has three packages that help you gain depending on your risk level. The first package, named Lifestyle, costs $500+. According to the site, the package is excellent for traders who want alternative investment solutions focused on risk management.
The Lifestyle package features an average ROI of 1.6% monthly. With this package, you get to set up the AI bot free of charge, the setup will be done by 8topuz, and you can withdraw your funds without restrictions.
The Second Package is Aspire and requires a $10000 deposit and a 30% performance fee. The average monthly ROI for this package is 2-3%. You can set up your selected broker on this package. The site states that this is very popular with individual traders.
The third is the dynamic package, where you have to deposit $100000 to qualify. This package is popular with group investors and is yet to enter the market. Some proposed features of this package include the ability to get a professional vehicle with an ISIN code.
EA Review: How 8topuz Works
The AI bot claims to use human experience, combined with algorithmic trading systems, to analyze and learn market trends and make informed decisions on the best trades. AIs can sift through large historical data sets to create patterns, which is what the creators of 8topuz are taking advantage of.
The forex bot trades on several currency pairs, including the EURUSD, USDJPY, NZDUSD and XAUUSD. 8topuz offers backtests of up to a decade ago to show that their algorithm works. Backtests alone shouldn’t convince you to invest because these are just estimates and don’t consider significant market swaying events.
The site talks of the bot using a proprietary neural network and AI algorithms. But what does this mean? This site is another case of wordy explanations with no substance.
EA Review: 8topuz Stats and Community Reviews
We were able to get stats from 8t0puz via email, and they portray a steady growth. McMillan, a third-party site, audited the stats. My concern was why there was so much secrecy needed to share stats while EA bots share theirs publicly.
The sales site is quite appealing if we were selling houses. But it seemed too simplistic and zen for forex. The explanations on the site were vague, and we still have questions. We were directed from one page to the next too many times on the bot’s website.
We got a few positive reviews from user sites:
We still have no idea how the AI bot works. This bot contains the priciest packages we have seen so far, so beginners may feel limited.