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Benefit EA - dangerous EA for rapid overclocking of the deposit

Published: 27.10.2017
Reading time: 12 minutes
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benefit ea overview and free download

Benefit EA is a very dangerous and at the same time very profitable Expert Advisor. This robot is good for fast overclocking of the deposit. But, since Benefit EA uses the martingale method (averaging in lossy trades), it is necessary to apply some rules for such EAs. About this below in the post.

Сharacteristics of Benefit EA

  • Platform: Metatrader4
  • Currency pairs: USDJPY (it is possible to use other major currency pairs)
  • Trading Time: Around the clock (may be limited)
  • Timeframe: M15
  • Current EA version: 3.1
  • Recommended broker: Roboforex (cent accounts), XM, Tickmill

Important! The Benefit EA uses the martingale method. Sooner or later it will lead to loss of the whole deposit. Therefore, you need to adhere to two important rules:

  1. Regularly withdraw the profit from the trading account. After the withdrawal of the initial deposit, the dangerous martingale strategy immediately becomes breakeven and highly profitable.
  2. Do not invest money that you are not ready to part with.

On the chart, the EA displays brief information about the current situation (shows the number of open trades of sell and buy, profit for these trades, profit for the day, profit for the week and other):

Benefit EA - dangerous EA for rapid overclocking of the deposit

Backtest of Benefit EA

USDJPY M15 (Default settings)

Benefit EA - dangerous EA for rapid overclocking of the deposit

The work of the Expert Advisor is not limited to one pair. The developers show good results of the adviser on other pairs. Below is an example of the test for the EURUSD.

EURUSD M15 (Default settings)

Benefit EA - dangerous EA for rapid overclocking of the deposit

You can see more clearly how Benefit Forex Robot works in this video:

Recommended money management

At least 10,000 units of currency per lot 0.01. For clarity, see the table below:

Account type Min Lot and Lot Step Min start deposit Broker
FIX-CENT or PRO-CENT 0.01 $100 (10000 cents) Forex4You
ProCent 0.01 $100 (10000 cents) Roboforex
Standard 0.01 $10000 XM

In the archive Benefit_EA.rar:

  • BenefitEA_v3.1.ex4

Free Download Benefit EA

Author:
Daniel
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Comments:
  • trader
    Published: 27.11.2017 Reply to the message

    Hello! Can it be used with 5min or 1min chart?

    • Manuel
      Published: 18.07.2018 Reply to the message

      !5 min en el video

  • BEDA
    Published: 20.12.2017 Reply to the message

    Could I get the EA BENEFIT setting?

  • Reza Khan
    Published: 30.07.2018 Reply to the message

    Do you please Upload Benefit EA 4.1 version ? it is excellent EA.Please attach here.

  • Axel
    Published: 11.01.2019 Reply to the message

    not working i think its expired

  • Mpho
    Published: 09.06.2019 Reply to the message

    When i download free benefit Ea how much musti have in my account to start it

  • William Mapholisa
    Published: 15.07.2021 Reply to the message

    Which version of the EA works best

  • William Mapholisa
    Published: 05.08.2021 Reply to the message

    8) it's working but I wanna know when is it the right time to use it and exit :(

  • Haruna Aliyu
    Published: 22.11.2023 Reply to the message

    Please how can I get the source code of benefit EA?

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