Burning Teko Gold EA
by Ahmad Fitrah · MT5
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Summary
Burning London is an MT5 expert advisor from Magma Software Solutions UG priced at $299 but lacks verified performance stats and a public rating. Traders comparing it should weigh its unclear track record against lower-cost EAs like Market Anomalies EA ($99) and PZ Stop And Reverse EA MT5 ($149). Alternatives presented here generally show high user ratings on the marketplace, though none have verified third‑party metrics. Consider broker rules, spreads, execution and drawdown risk before buying. FxRobotEasy independently reviews all products and recommends testing any EA on demo accounts or small real accounts first.
Retail forex traders compare Burning London with alternatives because automated systems must align with account size, risk tolerance, broker conditions and trading style. Burning London is marketed as an MT5 expert advisor from Magma Software Solutions UG at a $299 price point, but it has no verified performance statistics and no public rating. That lack of independent data pushes buyers to evaluate other EAs that may show clearer pricing or reputation. This article helps traders understand relative strengths, pricing differences and practical realities such as broker spreads, execution, and drawdown risks so they can test responsibly.
| Metric | Burning LondonMain Product | Breakopedia AI Our bot | Burning Teko Gold EA | BullsvsBears | BurstPoint Core | BullsBearsEA |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | N/A | N/A | N/A |
| Price | $299 | $149 | $10000 | $300 | $499 | $399 |
| ROI | N/A | +106.0% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 59.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 63.3% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.12 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 534 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Burning London is an MT5 expert advisor offered by Magma Software Solutions UG for $299. Strengths include being a packaged commercial EA for traders who prefer a ready‑made MT5 solution and the backing of a named developer company. However, there are important weaknesses: its public rating is listed as N/A/5 and there are no verified performance statistics available, which increases uncertainty about real‑world results. Traders should consider platform realities: choice of broker, spread and commission structures, and execution latency can materially affect EA performance. Drawdown risk is inherent with any algorithmic strategy and must be managed with position sizing, stop criteria and risk limits. Burning London may suit experienced traders who can perform independent backtests, forward tests on demo accounts, and manually manage risk. Newer traders should be cautious and prefer EAs with transparent, verifiable track records or run Burning London on a demo account before committing capital. FxRobotEasy independently reviews all products listed on the site.
by Ahmad Fitrah · MT5
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Burning London is a commercially priced MT5 EA with a named developer but no public rating and no verified performance statistics, which raises due diligence needs for buyers. Alternatives like Market Anomalies EA ($99) and PZ Stop And Reverse EA MT5 ($149) offer lower-cost entry points and positive marketplace ratings, though none provide third‑party verified live metrics. Traders should prioritize demo testing, consider broker spreads, slippage and drawdown risk, and use conservative position sizing. FxRobotEasy independently reviews all products and lists its own verified bots as additional options for traders seeking third‑party validation.
Whether Burning London is worth buying depends on your due diligence. The EA is priced at $299 but lacks a public rating and has no verified performance statistics. Before purchasing, run extensive backtests on historical data, perform forward testing on a demo account, and evaluate how your broker's spreads, execution and swap rates affect results. If you cannot validate performance independently, consider lower‑cost alternatives or FxRobotEasy verified bots.
There is no single best alternative; it depends on your priorities. For a low entry price, Market Anomalies EA at $99 is attractive. For a rule-based stop and reverse method, PZ Stop And Reverse EA MT5 at $149 could suit trend traders. If you need timing tools rather than a full EA, Haven Candle Timer Countdown is useful. None of these have verified third‑party live stats, so demo testing and assessing broker effects remain essential.
Begin with backtesting on robust historical data to confirm logic across market conditions. Next run the EA on a demo account for several weeks or months to observe live execution, slippage and order handling. Use a small real account with conservative position sizing when moving to live trading, and monitor drawdown behavior. Always account for your broker's spreads, commissions and server latency, and keep risk per trade limited to a fraction of account equity.
While evaluating Burning London and its alternatives, consider Breakopedia AI, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+106.0%
Total Return
59.0%
Max Drawdown
63%
Win Rate
534
Total Trades