EA review · Updated
FXConstant Review
- Strategy
- Grid
- Live return / max. DD
- Tracked live account: -7.2% in 268 days (iFunds Ltd.). Worst drawdown measured in any source: 5.80%.
- Price
- $267
grid on AUDUSD/EURUSD by Forex Store. Verified account, max floating loss -5,8 % — calmly run.
How we checked
- Reviewed by
- Pitt Petruschkeruns AlgoVerdict · MethodologyLive data from our EA park (Space Tracker), ATS accounts (Myfxbook)
- Last checked
- facts, score and evidence as of this date
- Evidence (3)
- Our own measurement (Waterline fingerprint) · 1 account · 199 days · own drawdown 0.8%
- Account 402195 · Instant Funding - Failed · iFunds Ltd. · 268 days
- Product page (AlgoTradingSpace) · links the live/funded accounts (Myfxbook-fed)
- Changes
No changes documented yet.
AlgoVerdict score
Weighted from 6 criteria — weighting in percent.
- Live track record25%
- 3.8
- Strategy risk20%
- 4.3
- Transparency20%
- 3.7
- Value for money15%
- 3.6
- Usability10%
- 3.8
- Broker independence10%
- 3.2
- Strategy
- grid
- Market
- AUDUSD, EURUSD
- Platform
- MT4/MT5
- Price
- $267
- Vendor
- Forex Store
- Source
- AlgoTradingSpace
- Verified live track
- -7,2 % · max floating loss -5,8 % · 268 days (ATS)
- Verified live/funded track at ATS (-7,2 %, max floating loss -5,8 %)
- Low floating loss across all accounts — disciplined risk
- Calibrated setfile, onboarding & support via ATS
- Grid/martingale: calm curve, but tail risk on a trend break
- Automated EA — no substitute for your own risk management
What FXConstant is
FXConstant by Forex Store is a grid EA on AUDUSD, EURUSD (MT4/MT5), sold via AlgoTradingSpace. We classify it independently — by strategy risk, verified live track, transparency and value, not by vendor promises.
Live results & track record
AlgoTradingSpace runs one public, calibrated real-money account for it (268 days). Its most telling account shows -7,2 % (+7,7 %/month) at a maximum floating loss of -5,8 %, profit factor 0.6 (iFunds Ltd.). Floating loss stays low across all accounts — a disciplined risk picture. That is real money, not a polished backtest.
Strategy & risk
The grid approach sets the risk profile. Grid/martingale systems often show a suspiciously straight equity curve — losses are absorbed by averaging in until one trend blows up the basket. A too-smooth curve here is a warning sign, not a seal of quality. What AlgoTradingSpace adds is calibration with a fixed risk cap instead of the aggressive vendor default — exactly the ceiling a grid without a hard stop-loss needs.
Cost & usability
Price sits at $267. Via AlgoTradingSpace you get a setfile, onboarding and support — the EA doesn't have to run blind on the vendor default. The documented track is from iFunds Ltd.
Who it is (not) for
Suitable for traders who accept a documented live track and run the EA calibrated via ATS (with a risk cap) and budget it as *one* building block. Not suitable for small accounts without a buffer or for anyone who mistakes a smooth backtest curve for a guarantee.
Verdict
FXConstant lands at 3.8/5 — worth a closer look. The verified ATS live track is the strongest argument.
Drawdown profile
How deep did this EA go under water? We deliberately plot drawdown and not an equity curve: a backtest curve always ends in the top right, but drawdown decides whether an account survives. Every bar comes from a real account, none from a backtest.
How the strategy trades
A schematic simulation of the strategy type we assign FXConstant to — not a replica of this EA and not real price data.
How it works
- The EA buys and lays a grid below: one more position every 20 pips, always 0.10 lots.
- All positions share one target just above the average price.
- Because they are all the same size, the average sits exactly in the middle: halfway back is break-even, and 5 pips above that the whole basket closes in profit.
- What the animation does not show: if price keeps running against the basket, the floating loss grows with every level – without a stop there is no built-in exit.
What we check
What we check on real grid EAs: the maximum floating loss on the live account, not the closed drawdown – and whether there is a hard stop for the whole basket.
Demonstration values: a simulated EURUSD path with 0.10 lots and $10,000 starting capital, deliberately favourable – every basket and every trend works out here. Not a real trading strategy, not a backtest and not investment advice.
Verified live / funded accounts
Real accounts AlgoTradingSpace publicly links for this EA (Myfxbook-fed). Max floating loss is the most honest risk figure — how deep open positions ran into the red at their worst.
| Account | Gain | Avg mo. | PF | Max floating loss | Age | Trades | Broker |
|---|---|---|---|---|---|---|---|
| Instant Funding - Failed · vom Anbieter entfernt (zuletzt 2026-10-05) | -7,2 % | +7,7 % | 0.6 | -5,8 % | 268d | 188 | iFunds Ltd. |
Frequently asked questions
- Which markets does FXConstant trade?
AUDUSD, EURUSD. Several instruments only spread risk while they do not share a driver — correlated pairs go down together when it matters.
- Which platform does FXConstant run on?
MT4/MT5. Continuous operation needs a VPS, because a sleeping machine leaves open positions unattended: VPS providers compared.
- What does FXConstant cost?
$267 (as of our last check). We take prices from the vendor, ATS or MQL5 product page, not from marketing copy — that often quotes different figures than the buy button.
- How large is FXConstant's drawdown?
Across the accounts we see for this EA the largest decline is 5.8% — measured on our own account, counting only this EA's trades. That is the figure to size positions against, not the calm average. Where we hold further accounts or a longer vendor track, their numbers are above in the review: position sizing and risk per trade.
- Does FXConstant use grid or martingale?
Yes — the design is Grid. That means further orders are added when price runs against an open position, and there is usually no hard per-trade stop-loss. Such systems stay quiet for a long time and then take the loss all at once. How that works and how to spot the dangerous variant is in our guide to grid and martingale EAs.
- Is FXConstant any good?
Our grade: 3.8 out of 5, traffic light green — usable. It comes from six criteria, weighted most heavily towards the verified live track record and strategy risk. We rate from real accounts, not vendor backtests, and no EA vendor pays for ratings — the weighting is public in our methodology.
- Is there a verified live track for FXConstant?
Yes. We run this EA ourselves and measure its trades in isolation (268 days). The figures in this review come from those accounts, not from vendor backtests.