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EA review ·

Razor EA

Razor EA

1 live account, per the vendor

The vendor lists one public live account. We checked that it exists and can be viewed. The seller still chooses what to show, so such accounts earn at most 8.0 for verifiability.

Checked
Account exists and is public · verified by the platform · trading behaviour matches the described design
Not shown
Return, drawdown, running time. Past figures tempt buyers more than they inform them.
Counts towards
Verifiability (25% of the grade): 8.0 out of 10
Strength of evidence
2 of 3: selected by the seller
Mean reversion3 marketsMT5 (MT4 separat)Medium risk

Reviewed by Pitt Petruschke, operator. No stake in Razor EA; receives commission from ATS and develops his own EA, Dawnbreak. Disclosure

Cross-checked by an AI agent (different model, blind): 2 of 6 criteria agree. Differences

Verdict

Mean reversion EA on 3 markets. Evidence chosen by the seller only, weakest point risk control: 6.8 out of 10.

A mean-reversion basket on AUDCAD, AUDNZD and NZDCAD from one chart, with fixed SL and drawdown protection per vendor. Up to six add-on trades in a loss is averaging. $745, next tier $1,990.

Suits you if …

  • Yes: you want an EA with fixed entries and exits
  • Yes: you run it as one building block in a portfolio
  • Caution: you set setfile and risk yourself, without ATS calibration

Evidence behind this verdict

  • Product page on the MQL5 marketDesign, markets, platform, price · read 02 November 2026
  • 1 live account checkedexist and can be viewed, figures deliberately not shown

Design & risk

Razor EA by Anton Kondratev is a Mean reversion EA on AUDCAD, AUDNZD, NZDCAD (MT5 (MT4 separat)), sold on the MQL5 market. Each position has its own exit; losses are not absorbed by averaging in. What matters is whether execution at your broker matches the described process. You buy the vendor default; risk frame and setfile are up to you.

What you need to run it

  • Broker with low spreads on AUDCAD, AUDNZD, NZDCADRaw or ECN account, no EA restrictionsrequired
  • VPS close to the brokerThe EA has to run around the clockrequired
  • Fix the risk per tradeChoose a lot size that fits the accountset it up yourself

For and against

In favour

  • One public live account on record
  • Fixed exits, no averaging into losses

Against

  • You set risk and setfile yourself
  • Automated, but no substitute for your own risk management

Buying and running

Our interests: We earn no commission on Razor EA and link neither the vendor nor MQL5. ATS pays us a commission when you buy through the link to the alternatives. We develop our own EA, Dawnbreak. We have no stake in Razor EA. The grade is set beforehand and independently of that.

Terms

Ad
Price
$745
Sold
MQL5 market only
Alternatives at ATS

We do not link to Razor EA itself. The affiliate link changes neither grade nor text.

Partner offers

Ad
BrokerTickmill VPS MT5 (MT4 separat)Hyonix from $6.50

Our own tool

own product
Monitor the accountFree tracker

What we do not know

  • Whether the accounts shown run with your settings.The seller chooses which accounts to show. We cannot confirm which setfile runs on them.
  • How the EA reacts to spread spikes at rollover.Not tested. With tight stops it can shift exits.
  • What future updates change in the logic.We rated the current version. After every major update we check again and note it in the change log below.

Frequently asked questions

Which markets does Razor EA trade?

AUDCAD, AUDNZD, NZDCAD. Several instruments only spread risk while they do not share a driver — correlated pairs go down together when it matters.

Which platform does Razor EA run on?

MT5 (MT4 separat). Continuous operation needs a VPS, because a sleeping machine leaves open positions unattended: VPS providers compared.

What does Razor EA cost?

745 $ (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 good is Razor EA?

Our grade: 6.8 out of 10. It comes from six criteria: risk control, verifiability, transparency, value for money, usability and broker independence. The sub-grades are computed by our data formula; criteria, weights and caps are the same for every EA, whoever sells it, and no EA vendor pays for ratings. The full calculation with every threshold is in our methodology.

Is there a verified live track for Razor EA?

Yes, one live account published by the seller. We check that they exist, are verified and match the described design. Because the seller chooses what to show, such accounts earn at most 8.0 out of 10 for evidence. We deliberately do not show returns or drawdowns.

Changes to this review

  1. Second review by an AI agent (different model, blind): 2 of 6 criteria agree. Differences:
  2. Risiko-Kontrolle: Zweitprüfung 4,2, unsere Bewertung 6,4. Die Mean-Reversion-Bauart mit mehreren Nachkäufen im Verlust erhöht das Tail-Risiko deutlich, während ein fester Stop nur behauptet wird und ein tiefer Rückgang auf dem Live-Konto belegt ist.
  3. Nachweisbarkeit: Zweitprüfung 7,2, unsere Bewertung 9,4. Es gibt ein öffentlich einsehbares Echtgeldsignal bei einem Broker mit längerer Historie, jedoch keinen Nachweis über weitere unabhängige Live-Konten.
  4. Transparenz: Zweitprüfung 6,0, unsere Bewertung 8,4. Märkte, Grundlogik, Averaging-Mechanik und ein ungünstiger Kontoverlauf sind erkennbar, aber konkrete Stop-, Schutz- und Parameterregeln bleiben unzureichend dokumentiert.
  5. Broker-Unabhängigkeit: Zweitprüfung 5,0, unsere Bewertung 6,4. Ein Live-Nachweis liegt nur bei einem Broker vor, und die Plattformbindung schränkt die nachgewiesene Übertragbarkeit zusätzlich ein.