What results can I realistically expect with Cherma MT4? +

The live MyFxBook account records +238.65% total gain from a $1,500 deposit between July and August 2025 — a short but verified tracking period. Monthly return logged at 110.43% with a 76% win rate across 5,349 trades. Results depend on broker spread quality, capital size, and XAUUSD market conditions. Running 0.01 fixed lots on a $1,500+ ECN account replicates the documented setup most closely.

Is Cherma MT4 suitable for traders with limited experience? +

Cherma MT4 runs fully automated on MT4 with fixed default settings — no manual trade management required. The breakeven feature (WHENTOMOVETOBE: 10.0 pips) and trailing stop (25 pips) operate without user input. New EA users should verify the setup on a demo account for at least 30 days before live deployment. A VPS and ECN broker with spreads under 40 points are required for stable operation.

Does Cherma MT4 work on a demo account first? +

Yes — deploy on a demo account before live trading. Use identical settings: XAUUSD M5, 0.01 lots, InpMax_Spread 40, InpStopLoss 530. A minimum 30-day demo period lets you verify execution quality against your broker's XAUUSD spread conditions. Demo results that closely match the live signal confirm your broker is compatible before you risk live capital.

What verification does Cherma MT4 have beyond developer claims? +

Cherma MT4 carries a verified MyFxBook live account with confirmed trading privileges and real-money execution. The signal tracks 5,349 trades, a 1.79 profit factor, and 355,862.8 pips gained since July 2025. MyFxBook verification confirms the account is live, not demo. Supporting backtests on XAUUSD M5 show a 1.92 profit factor across 201,130 trades — consistent with live signal behavior.

How much capital do I need to get started with Cherma MT4? +

The live signal runs from a $1,500 initial deposit using 0.01 fixed lots — this is the documented minimum for replicating verified results. Operating below $1,000 risks margin stress during drawdown sequences given the 530-pip stop loss on XAUUSD. The recommended range is $1,500–$3,000: this provides sufficient buffer if peak drawdown reaches the documented 38.60% without triggering a margin call. Accounts above $2,000 handle consecutive loss runs more comfortably.

What are the main risks and how does Cherma MT4 handle them? +

38.60% peak drawdown is the primary risk — occurring during momentum-driven loss sequences on XAUUSD M5. The EA manages this through three automated controls: the breakeven mechanism moves stop loss to entry at 10 pips profit, the trailing stop locks gains at 25 pips, and the hard stop loss caps single-trade loss at 530 pips. The spread filter (InpMax_Spread: 40) blocks entries during poor liquidity. Cherma MT4's breakeven automation handles position protection without manual intervention.

Which brokers and account types work best with Cherma MT4? +

Use an ECN or STP broker with XAUUSD raw spreads under 40 points — the EA's built-in spread filter blocks entries above this threshold, reducing trade frequency on high-spread accounts. Minimum leverage of 1:100 is required for 0.01 lot execution on XAUUSD. Avoid market-maker brokers with fixed spreads above 50 points — wider spreads reduce entry quality and trigger the spread filter excessively. Low-latency VPS hosting near your broker's server improves execution consistency.

What support do I get after purchasing? +

After purchasing through cheapforexea, reach our technical team directly via Telegram (t.me/+3me9tRs_rkc5MjZl) or email [email protected]. Response time: under 4 hours, Monday–Saturday (GMT+0). Coverage includes: MT4/MT5 installation, broker-specific settings, and live troubleshooting. For fastest resolution, attach your order confirmation, broker account type, and error screenshot.