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Plutus V2 (MT4) — review, price and free alternatives
MT4 expert advisor$3300 on MQL5by Allistair Kabelo Mandow
Plutus V2 is a MetaTrader 4 expert advisor by Allistair Kabelo Mandow, sold on the MQL5 Market for $3300. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Plutus V2 — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Developer
- Allistair Kabelo Mandow
- Price
- $3300
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Plutus V2 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Plutus 1.1: The Next-Level Forex Trading Robot Flip your capital fast with Plutus 1.1 — a powerful trading robot designed for rapid growth, sniper entries, and consistent profits.
Before you buy Plutus V2
What the developer claims
- Built for serious traders who want results in days, no Plutus 1.1 The Ultimate Forex Automation Experience lightning‑fast trades powered by AI neural networks that analyze markets in real‑time.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Plutus V2
Compiled from its public MQL5 listing. FxRobotEasy has not traded Plutus V2; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Plutus V2 review examines real performance and trading analysis to help you make informed decisions. Plutus V2 by Allistair Kabelo Mandow represents a comprehensive automated trading solution for MT4 traders. What sets Plutus V2 apart is its balanced approach to trade execution and capital preservation.
Risk notes
Plutus V2 implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Allistair Kabelo Mandow
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Plutus V2 on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
Looking for a scalping robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Scalperology AIby FxRobotEasy
Our multi-pair AI scalper — majors, gold and crypto
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick Scalperology AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- Scalperology AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Plutus V2 or Scalperology AI?
| Plutus V2 | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($3300) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Allistair Kabelo Mandow | FxRobotEasy |
Plutus V2 — questions
What is Plutus V2?
Plutus V2 is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Allistair Kabelo Mandow, priced at $3,300 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
Does Plutus V2 work on MT4 or MT5?
Plutus V2 runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Plutus V2 cost?
Plutus V2 is a paid product listed at $3,300 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-08-21. It is sold and downloaded through the developer's (Allistair Kabelo Mandow) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Plutus V2?
FxRobotEasy has not traded Plutus V2 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Plutus V2 elsewhere comes from its developer or from a third party.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.