Business

iProfit MT4 EA Completes Six Years in Real Trading

Published

6 years ago

July 18, 2019

The Forex market is the largest in terms of trading volume and offers maximum liquidity. It is easy to enter and exit a position in any of the major currencies within a fraction of a second for a small spread in most market conditions. Financial Institutions and large banks are the major players. They have access to excellent infrastructure, knowledge, real-time information and data to be successful in trading. Retail traders who enter Forex start off with a disadvantage and need to work really hard on every aspect to see profits. Most get lured into Forex trading with unrealistic expectations only to end up losing it all.

ForexInfoBook.com aims to level the playing field for retail Forex traders by providing factual and concise information. The site provides unbiased reviews about Forex trading software, VPS and Brokers.

ForexInfoBook has completed its review of iProfit HFT MT4 EA based on six years of real trading history. It is surprising to see an MT4 EA continue performing well for so many years without any hype. iProfit is not the regular “run-of-the-mill” EA, and promises to be a great tool for serious investors and traders.

History

The strategy has been developed by Phibase Technologies – a software firm specializing in Forex trading research and development. Phibase has been in the field of strategy development since 2011 and their product line includes several automated strategies like Cabex, Raybot, Index and iProfit.

Phibase have had their share of failures with Synergy (2012-2014), Ray Scalper (2012-2015) and Turbit (2014). It must be said that Phibase Team is very professional in their developmental approach and have been around to provide high quality support. It is rare to find professional EA vendors with live trading history to prove that their strategies work in real trading.

What is iProfit Neural Network Trading Strategy?

High Frequency Trading (HFT) strategies are used by large investment banks, hedge funds and institutional investors who have access to powerful computers which can make a large number of transactions at high speeds and low cost. They typically make a very small gain or loss on each trade – the goal is to make a net profit for the day after accounting for all costs involved. Large investment firms may use proprietary algorithms which are usually closely guarded secrets or even some simple strategies like moving average cross overs. Such firms employ many different strategies simultaneously – some of which generate a large number of trades and while other strategies may not trade that frequently, but may aim for larger gains.

It is impractical and unprofitable for retail traders to consider use of such HFT strategies since the spreads, cost of trading and execution slippage/speed are enough to guarantee loss over a period of time.

So what does iProfit HFT for retail trader mean? While HFT strategies function on price data in second or minute time-frames, iProfit EA is based on price from hourly time-frame. Basically the concept appears to be the same – make a large number of trades for small gain-loss and take a net profit at end of trading. iProfit HFT trades about 15 to 20 times per week and tries to make a net profit by end of the week. All trades are closed before market close on Friday. Read the full review of iProfit MT4 EA.

As per the developers of iProfit, the neural network model is a simple model which is designed to just predict the High and Low of the next hour. The EA uses this prediction to make its trade entry and exit. The developers claim that iProfit is powered by a self-contained, self-learning Neural Network (NN) algorithm. The strategy does not try to outsmart the markets but aims to keep generating small gains while keeping losses low – This is indeed the principle of HFT.

It is very rare for a good strategy with proven real trading history to be available for review. The developers of iProfit HFT EA have provided excellent strategy details, tests results and significant amount of information on their website. iProfit HFT EA has been in live trading since August 2013. The trading strategy has survived several different market cycles on a variety of pairs and has made decent gains in the process.

Conclusion

iProfit is most suitable for traders who want to have a safe, proven frequent trading strategy in their portfolio. The EA will deliver small gains on a weekly or monthly basis which quietly add up to grow your account in the background. This is how large investment firms use HFT to make small gains on a segment of their portfolio.

iProfit HFT EA is not for traders looking for “Forex Robots” that promises to “double money every month”. It would also not be suitable for traders with account sizes less than $3000 since the gains will not justify the cost of the EA.

If your Forex trading account size is over $5000 and your broker provides leverage of 1:50 or above – then this is a great way to get started with this retailer version of High Frequency Trading.

Business

Top 5 Virtual Assistant Companies to Watch in 2025

Published

2 weeks ago

January 23, 2025

Matthew Wiles

Running a successful business in today’s fast-paced world requires a sharp focus on growth, strategy, and efficiency. However, managing the day-to-day operations can often become overwhelming. That’s where virtual assistant (VA) companies come into play. These companies specialize in providing skilled professionals who can handle everything from administrative tasks to customer service, marketing, and beyond, allowing entrepreneurs and small business owners to focus on what they do best.

With so many VA companies on the market, choosing the right one can be a challenge. To help you navigate the options, we’ve compiled a list of the top 5 virtual assistant companies to watch in 2025. Whether you’re an entrepreneur, a startup founder, or a busy professional, these companies offer top-tier solutions to meet your needs.

1. Assist World – The Gold Standard in Virtual Assistance

At the top of our list is Assist World, a U.S.-based company renowned for its personalized approach to matching clients with virtual assistants. Assist World goes beyond the typical “one-size-fits-all” model by taking the time to understand your unique needs and connecting you with highly skilled VAs who align perfectly with your business goals.

What Makes Assist World Stand Out?

Personalized Matching: Assist World matches clients with virtual assistants based on their specific requirements, ensuring the right fit every time.
Comprehensive Onboarding Process: The company’s seamless onboarding process streamlines communication and ensures VAs hit the ground running.
Client Success Management: Dedicated client success managers oversee the relationship, providing ongoing support and ensuring smooth operations.
Flexibility and Scalability: Assist World caters to businesses of all sizes, offering flexible plans that can scale as your business grows.

Who Is It Best For?

Assist World is ideal for entrepreneurs and small-to-medium businesses seeking a reliable, high-quality VA service that delivers consistent results.

Pricing:

Pricing is customized based on your needs, making it accessible for a wide range of budgets. Schedule a free consultation to learn more.

2. Time Etc – Affordable and Efficient

If affordability is your priority, Time Etc is a strong contender. This VA company specializes in administrative tasks and offers services at competitive rates. With a team of experienced professionals, Time Etc focuses on helping clients boost productivity without breaking the bank.

Key Features:

Dedicated VAs with extensive experience.
Transparent pricing with no hidden fees.
Focused primarily on administrative and organizational tasks.

Who Is It Best For?

Time Etc is a great choice for solopreneurs and small businesses looking for cost-effective virtual assistance for basic tasks.

Pricing:

Plans start at $29 per hour, with discounts available for bulk hours.

3. Belay – A Leader in Remote Executive Assistance

For those in need of executive-level support, Belay is a premier option. This company specializes in matching clients with highly skilled remote assistants who can handle complex tasks such as calendar management, bookkeeping, and project coordination.

Key Features:

Focus on executive and specialized assistance.
Rigorous vetting process for VAs.
Excellent client support.

Who Is It Best For?

Belay is ideal for CEOs, executives, and high-level professionals who require top-tier assistance.

Pricing:

Premium services come at a higher price point, starting around $2,000 per month for part-time support (45 hours a month). For 85 hours a month, pricing sits around $3,800.

4. MyOutDesk – Virtual Assistants for Real Estate

Real estate professionals, take note: MyOutDesk is the go-to VA service for your industry. Specializing in real estate operations, MyOutDesk provides skilled VAs who can handle lead generation, transaction coordination, and CRM management.

Key Features:

Expertise in real estate processes.
Comprehensive training programs for VAs.
Proven track record with top real estate agents.

Who Is It Best For?

Realtors, brokers, and real estate teams looking to streamline their operations and focus on closing deals.

Pricing:

Pricing starts at $1,750 per month for full-time assistants.

5. Boldly – Premium Virtual Assistant Services

If you’re looking for high-quality, premium VA services, Boldly is worth considering. This company offers subscription-based plans that provide access to experienced VAs skilled in a variety of disciplines, including marketing, customer service, and project management.

Key Features:

Highly experienced professionals.
Flexible subscription plans.
Focus on long-term client relationships.

Who Is It Best For?

Businesses and individuals willing to invest in premium services for comprehensive support.

Pricing:

Plans start at $39 per hour, with monthly subscriptions available.

How to Choose the Right Virtual Assistant Company

When selecting a VA company, consider the following factors:

Your Business Needs: Identify the tasks you want to delegate and choose a company that specializes in those areas.
Budget: Assess how much you’re willing to invest in virtual assistance and find a provider that aligns with your budget.
Flexibility: Look for companies that offer scalable plans to grow with your business.
Support: Choose a company with excellent client support to ensure smooth communication and problem resolution.

Why Assist World Is the #1 Choice

While all the companies on this list offer excellent services, Assist World stands out for its personalized approach, exceptional client success management, and flexible solutions, and most importantly, their fair pricing. At Assist World, prices generally fall between $1,500 – $2,000 a month for a full-time dedicated executive assistant. With a proven track record of helping businesses thrive, Assist World is the ultimate partner for entrepreneurs and small businesses ready to scale efficiently and effectively.

Ready to take your business to the next level? Schedule a free consultation with Assist World today and discover the difference a high-quality virtual assistant can make.