Forex Robots

Genius Assets Review: A Mediocre System

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Genius Assets

Genius Assets is a fully automated Forex robot that works on the H1 timeframe and supports two currency pairs. The bot requires a minimum deposit of 100 USD and a leverage of 1:10. It comes with a contemporary virtual trading technology to analyze the market conditions to find suitable. We will review this bot below to see if it can be a good source of profit for the general community.

Genius Assets strategies and tests

The vendor claims that the system uses six virtual strategies per currency pair to monitor the market environment. There is no further information on the game plan, and no live records can be found on Myfxbook that could be used to analyze its methodology. This is an inferior approach from the developer. The financial industry requires both sellers and traders to be transparent in all matters.

Features

The service has the following features:

  • Trades across EURUSD, GBPUSD currency pairs.
  • The bot is FIFO-compatible.
  • This service is 100% fully automated.
  • It’s very easy to install.
  • It does not use grid and martingale strategies.
  • It can work with a minimum deposit of $100.

Backtesting

The vendor provides screenshots of backtesting records on the MQL5 webpage with a historical quality of 99%. There is no information about the time or the currency pair these stats correspond to. It was seen that an initial deposit of 1000 USD was converted into a total profit of 54,602,000 USD.

The profit factor was shown as 13.61 with an equity drawdown of 12.22. Without a formal date range and currency pair, it was hard to arrive at a solid conclusion regarding the historical performance. Z-score was written as 1.61, with a sharpe ratio of 4.78. The EA executed 2447 trades, with an average loss trade value of -481 236.90.

Backtesting records from the MQL5 website

Backtesting records from the MQL5 website

Backtesting records from the MQL5 website

Backtesting records from the MQL5 website

Genius Assets live trading account review

We could not find live trade results for this robot on the MQL5 website. We also searched Myfxbook and FXStat, but we still could not find a trace of any live records. This is very concerning as we cannot track the performance of the algorithms, which could show us its profitability.

Pricing

Genius Assets is sold for a price of 650 USD. Traders may also choose to buy a yearly subscription for 600 USD. A free demo version is provided as well. The sold version only works on Windows, which is not compatible with other operating systems. Payments are accepted through PayPal, UnionPay, Visa, MasterCard, and Web Money. There is no information about a money-back guarantee, 24/7 customer service, or other necessary features.

Price of the robot on the MQL5 website

Price of the robot on the MQL5 website

Is Genius Assets a good system to rely on?

Unfortunately, we could not find any customer feedback on Trust Pilot or Forex Peace Army sites. However, 4 reviews were present on MQL5, which were posted recently. They seem very weird as the account owners have strange names, and they post one- or two-word comments that do not adequately describe their experience with the seller.

Customer review on the MQL5 webpage

Customer review on the MQL5 webpage

Genius Assets

5

Genius Assets fails to provide us with proper backtests in a report form. Moreover, the seller does not offer helpful information like job credentials, degrees, diplomas, company addresses, email, telephone, etc. The live records are for a short duration which is not enough to analyze the actual performance of the service.

  • It comes with live trading results
  • Backtest report is also shared
  • No detailed explanation of strategy
  • It does not provide a money-back guarantee
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